Back to UPS

UNITED PARCEL SERVICE INC Interest Expense 2007-2024 | UPS

Beta

What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is UNITED PARCEL SERVICE INC's current interest expense?

UNITED PARCEL SERVICE INC (UPS) annual interest expense for 2023 was $785.0M, a 11.51% increase from 2022. UNITED PARCEL SERVICE INC interest expense for the quarter ending March 31, 2024 was $195.0M.

What was UNITED PARCEL SERVICE INC's interest expense in 2022?

UNITED PARCEL SERVICE INC annual interest expense for 2022 was $704.0M, a 1.44% increase from 2021.

What was UNITED PARCEL SERVICE INC's interest expense in 2021?

UNITED PARCEL SERVICE INC annual interest expense for 2021 was $694.0M, a 1.00% decline from 2020.

What is UNITED PARCEL SERVICE INC's 5-year interest expense CAGR?

UNITED PARCEL SERVICE INC interest expense grew at a compound annual growth rate (CAGR) of 5.35% from FY2018 to FY2023, going from $605.0M to $785.0M over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+5.3%
FY2018
$605.0M
→
FY2023
$785.0M
0708091011121314151617181920212223
5 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$785.0M+11.5%10-K
FY2022$704.0M+1.4%10-K
FY2021$694.0M-1.0%10-K
FY2020$701.0M+7.4%10-K
FY2019$653.0M+7.9%10-K
FY2018$605.0M+33.6%10-K
FY2017$453.0M+18.9%10-K
FY2016$381.0M+11.7%10-K
FY2015$341.0M-3.4%10-K
FY2014$353.0M-7.1%10-K
FY2013$380.0M-3.3%10-K
FY2012$393.0M+12.9%10-K
FY2011$348.0M-1.7%10-K
FY2010$354.0M-20.4%10-K
FY2009$445.0M+0.7%10-K
FY2008$442.0M+79.7%10-K
FY2007$246.0M-10-K
Company: UNITED PARCEL SERVICE INCTicker: UPSSector: OtherIndustry: Trucking & Courier Services (No Air)View company profile →