UNITED PARCEL SERVICE INC Income Tax Expense 2007-2026 | UPS
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is UNITED PARCEL SERVICE INC's current income tax expense?
UNITED PARCEL SERVICE INC (UPS) annual income tax expense for 2025 was $1.59B, a 4.10% decline from 2024. UNITED PARCEL SERVICE INC income tax expense for the quarter ending March 31, 2026 was $260.0M.
What was UNITED PARCEL SERVICE INC's income tax expense in 2024?
UNITED PARCEL SERVICE INC annual income tax expense for 2024 was $1.66B, a 10.99% decline from 2023.
What was UNITED PARCEL SERVICE INC's income tax expense in 2023?
UNITED PARCEL SERVICE INC annual income tax expense for 2023 was $1.86B, a 43.09% decline from 2022.
What is UNITED PARCEL SERVICE INC's 5-year income tax expense CAGR?
UNITED PARCEL SERVICE INC income tax expense grew at a compound annual growth rate (CAGR) of 26.01% from FY2020 to FY2025, going from $501.0M to $1.59B over 5 years.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Declining
CAGR+26.0%
FY2020
$501.0M
→
FY2025
$1.59B
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $1.59B | -4.1% | 10-K |
| FY2024 | $1.66B | -11.0% | 10-K |
| FY2023 | $1.86B | -43.1% | 10-K |
| FY2022 | $3.28B | -11.6% | 10-K |
| FY2021 | $3.71B | +639.5% | 10-K |
| FY2020 | $501.0M | -58.7% | 10-K |
| FY2019 | $1.21B | -1.3% | 10-K |
| FY2018 | $1.23B | -45.0% | 10-K |
| FY2017 | $2.23B | +31.4% | 10-K |
| FY2016 | $1.70B | -32.0% | 10-K |
| FY2015 | $2.50B | +55.6% | 10-K |
| FY2014 | $1.60B | -30.3% | 10-K |
| FY2013 | $2.30B | +1278.4% | 10-K |
| FY2012 | $167.0M | -91.5% | 10-K |
| FY2011 | $1.97B | +1.0% | 10-K |
| FY2010 | $1.95B | +76.7% | 10-K |
| FY2009 | $1.10B | -45.1% | 10-K |
| FY2008 | $2.01B | +4006.1% | 10-K |
| FY2007 | $49.0M | - | 10-K |
Company: UNITED PARCEL SERVICE INCTicker: UPSSector: OtherIndustry: Trucking & Courier Services (No Air)View company profile →