United Net Income Per Share vs Income Quality Analysis

UPS Stock

USD 138.66 0.44 0.32%

United Parcel financial indicator trend analysis is much more than just breaking down United Parcel Service prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Parcel Service is a good investment. Please check the relationship between United Parcel Net Income Per Share and its Income Quality accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Parcel Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Net Income Per Share vs Income Quality

Net Income Per Share vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Parcel Service Net Income Per Share account and Income Quality. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between United Parcel's Net Income Per Share and Income Quality is -0.52. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Income Quality in the same time period over historical financial statements of United Parcel Service, assuming nothing else is changed. The correlation between historical values of United Parcel's Net Income Per Share and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of United Parcel Service are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Net Income Per Share i.e., United Parcel's Net Income Per Share and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Income Per Share

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from United Parcel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Parcel Service current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Parcel Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

At this time, United Parcel's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 276.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 36.5 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	12.8B	13.1B	17.2B	18.3B
Total Revenue	97.3B	100.3B	91.0B	60.3B

Gross Profit Total Revenue

United Parcel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Other Liab
Total Assets		0.86	0.43	0.97	0.46	0.98	0.76	0.72	0.97	0.6	0.99	0.44	0.74	0.96	-0.7	0.23	0.87	0.75	0.15	0.52	0.92	0.95	0.61	-0.55	0.1	0.63
Short Long Term Debt Total	0.86		0.51	0.85	0.45	0.85	0.96	0.57	0.83	0.47	0.86	0.32	0.58	0.86	-0.86	0.39	0.81	0.72	0.21	0.55	0.84	0.82	0.76	-0.56	0.05	0.57
Other Current Liab	0.43	0.51		0.34	0.85	0.47	0.6	0.77	0.36	-0.1	0.48	0.33	0.14	0.32	-0.42	0.86	0.07	0.78	-0.27	0.18	0.16	0.28	0.38	-0.1	-0.81	-0.04
Total Current Liabilities	0.97	0.85	0.34		0.31	0.94	0.78	0.58	0.96	0.52	0.97	0.41	0.65	0.96	-0.74	0.18	0.91	0.61	0.32	0.56	0.96	0.9	0.72	-0.52	0.2	0.68
Total Stockholder Equity	0.46	0.45	0.85	0.31		0.51	0.43	0.91	0.44	0.22	0.47	0.26	0.4	0.35	-0.25	0.63	0.01	0.86	-0.39	0.29	0.11	0.41	0.16	-0.01	-0.65	-0.21
Property Plant And Equipment Net	0.98	0.85	0.47	0.94	0.51		0.77	0.76	0.97	0.53	0.99	0.38	0.67	0.92	-0.63	0.24	0.82	0.8	0.1	0.56	0.88	0.9	0.56	-0.42	0.05	0.55
Net Debt	0.76	0.96	0.6	0.78	0.43	0.77		0.52	0.72	0.2	0.79	0.28	0.34	0.77	-0.86	0.54	0.71	0.7	0.24	0.5	0.75	0.66	0.79	-0.5	-0.1	0.47
Retained Earnings	0.72	0.57	0.77	0.58	0.91	0.76	0.52		0.68	0.33	0.73	0.36	0.55	0.6	-0.32	0.54	0.3	0.93	-0.24	0.33	0.4	0.63	0.27	-0.15	-0.49	0.03
Accounts Payable	0.97	0.83	0.36	0.96	0.44	0.97	0.72	0.68		0.6	0.96	0.39	0.69	0.95	-0.63	0.1	0.84	0.71	0.19	0.63	0.89	0.92	0.55	-0.4	0.18	0.54
Cash	0.6	0.47	-0.1	0.52	0.22	0.53	0.2	0.33	0.6		0.5	0.22	0.95	0.56	-0.3	-0.33	0.58	0.31	-0.05	0.33	0.57	0.79	0.16	-0.38	0.47	0.48
Non Current Assets Total	0.99	0.86	0.48	0.97	0.47	0.99	0.79	0.73	0.96	0.5		0.46	0.66	0.94	-0.7	0.28	0.86	0.76	0.18	0.53	0.91	0.9	0.63	-0.51	0.04	0.6
Non Currrent Assets Other	0.44	0.32	0.33	0.41	0.26	0.38	0.28	0.36	0.39	0.22	0.46		0.3	0.4	-0.4	0.17	0.38	0.31	0.35	0.11	0.4	0.37	0.37	-0.37	-0.18	0.24
Cash And Short Term Investments	0.74	0.58	0.14	0.65	0.4	0.67	0.34	0.55	0.69	0.95	0.66	0.3		0.68	-0.42	-0.05	0.64	0.49	-0.12	0.28	0.65	0.89	0.27	-0.5	0.27	0.54
Net Receivables	0.96	0.86	0.32	0.96	0.35	0.92	0.77	0.6	0.95	0.56	0.94	0.4	0.68		-0.77	0.17	0.88	0.63	0.33	0.55	0.93	0.93	0.65	-0.6	0.22	0.61
Common Stock Shares Outstanding	-0.7	-0.86	-0.42	-0.74	-0.25	-0.63	-0.86	-0.32	-0.63	-0.3	-0.7	-0.4	-0.42	-0.77		-0.46	-0.74	-0.44	-0.39	-0.36	-0.76	-0.66	-0.81	0.77	-0.07	-0.66
Short Term Investments	0.23	0.39	0.86	0.18	0.63	0.24	0.54	0.54	0.1	-0.33	0.28	0.17	-0.05	0.17	-0.46		-0.03	0.55	-0.2	-0.1	0.04	0.09	0.42	-0.25	-0.77	-0.02
Non Current Liabilities Total	0.87	0.81	0.07	0.91	0.01	0.82	0.71	0.3	0.84	0.58	0.86	0.38	0.64	0.88	-0.74	-0.03		0.41	0.37	0.43	0.99	0.86	0.63	-0.69	0.45	0.85
Inventory	0.75	0.72	0.78	0.61	0.86	0.8	0.7	0.93	0.71	0.31	0.76	0.31	0.49	0.63	-0.44	0.55	0.41		-0.22	0.43	0.49	0.65	0.35	-0.22	-0.42	0.12
Other Current Assets	0.15	0.21	-0.27	0.32	-0.39	0.1	0.24	-0.24	0.19	-0.05	0.18	0.35	-0.12	0.33	-0.39	-0.2	0.37	-0.22		0.38	0.36	0.08	0.54	-0.21	0.37	0.18
Other Stockholder Equity	0.52	0.55	0.18	0.56	0.29	0.56	0.5	0.33	0.63	0.33	0.53	0.11	0.28	0.55	-0.36	-0.1	0.43	0.43	0.38		0.48	0.46	0.47	0.09	0.18	0.1
Total Liab	0.92	0.84	0.16	0.96	0.11	0.88	0.75	0.4	0.89	0.57	0.91	0.4	0.65	0.93	-0.76	0.04	0.99	0.49	0.36	0.48		0.89	0.68	-0.64	0.38	0.81
Total Current Assets	0.95	0.82	0.28	0.9	0.41	0.9	0.66	0.63	0.92	0.79	0.9	0.37	0.89	0.93	-0.66	0.09	0.86	0.65	0.08	0.46	0.89		0.51	-0.61	0.25	0.66
Short Term Debt	0.61	0.76	0.38	0.72	0.16	0.56	0.79	0.27	0.55	0.16	0.63	0.37	0.27	0.65	-0.81	0.42	0.63	0.35	0.54	0.47	0.68	0.51		-0.4	0.0	0.51
Common Stock	-0.55	-0.56	-0.1	-0.52	-0.01	-0.42	-0.5	-0.15	-0.4	-0.38	-0.51	-0.37	-0.5	-0.6	0.77	-0.25	-0.69	-0.22	-0.21	0.09	-0.64	-0.61	-0.4		-0.23	-0.73
Current Deferred Revenue	0.1	0.05	-0.81	0.2	-0.65	0.05	-0.1	-0.49	0.18	0.47	0.04	-0.18	0.27	0.22	-0.07	-0.77	0.45	-0.42	0.37	0.18	0.38	0.25	0.0	-0.23		0.46
Other Liab	0.63	0.57	-0.04	0.68	-0.21	0.55	0.47	0.03	0.54	0.48	0.6	0.24	0.54	0.61	-0.66	-0.02	0.85	0.12	0.18	0.1	0.81	0.66	0.51	-0.73	0.46

Click cells to compare fundamentals

United Parcel Account Relationship Matchups

United Parcel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	57.9B	62.5B	69.4B	71.1B	70.9B	43.6B
Short Long Term Debt Total	21.8B	27.8B	25.5B	23.5B	26.7B	28.1B
Total Current Liabilities	15.4B	17.0B	17.6B	18.1B	17.7B	10.3B
Total Stockholder Equity	3.3B	741M	14.3B	19.8B	17.3B	18.2B
Property Plant And Equipment Net	30.5B	35.3B	37.0B	38.5B	41.3B	22.6B
Net Debt	16.6B	21.8B	15.3B	17.9B	23.5B	24.7B
Retained Earnings	9.1B	7.0B	16.2B	21.3B	21.1B	12.5B
Accounts Payable	5.6B	6.5B	7.5B	7.5B	6.3B	3.5B
Cash	5.2B	5.9B	10.3B	5.6B	3.2B	3.6B
Non Current Assets Total	40.8B	42.2B	44.5B	48.9B	51.4B	29.2B
Non Currrent Assets Other	3.9B	672M	1.1B	3.3B	1.5B	1.7B
Cash And Short Term Investments	5.7B	6.3B	10.6B	7.6B	6.1B	4.8B
Net Receivables	9.9B	10.8B	12.5B	12.6B	11.2B	7.9B
Common Stock Shares Outstanding	870M	869M	871M	878M	860M	799.8M
Short Term Investments	503M	406M	338M	2.0B	2.9B	3.0B
Liabilities And Stockholders Equity	57.9B	62.5B	69.4B	71.1B	70.9B	43.6B
Non Current Liabilities Total	39.2B	44.7B	37.6B	33.2B	35.9B	23.4B
Inventory	511M	620M	717M	889M	935M	750.3M
Other Current Assets	11.4B	2.0B	1.8B	2.0B	2.1B	2.3B
Other Stockholder Equity	166M	865M	1.3B	(4M)	(9M)	(9.5M)
Total Liab	54.6B	61.7B	55.1B	51.3B	53.5B	33.7B
Total Current Assets	17.1B	20.3B	24.9B	22.2B	19.4B	14.4B
Accumulated Other Comprehensive Income	(6.0B)	(7.1B)	(3.3B)	(1.5B)	(3.7B)	(3.9B)
Short Term Debt	4.0B	3.2B	2.7B	3.0B	4.1B	4.3B
Current Deferred Revenue	4.3B	5.6B	5.9B	139M	20M	19M
Other Liab	14.9B	20.2B	14.8B	12.6B	14.5B	10.5B
Other Assets	1.4B	3.9B	1.2B	3.4B	3.1B	2.0B
Long Term Debt	21.8B	22.0B	19.8B	17.3B	18.9B	12.1B
Property Plant And Equipment Gross	33.3B	32.3B	37.0B	38.5B	75.8B	79.6B
Property Plant Equipment	30.5B	32.3B	37.0B	38.5B	44.2B	22.3B
Good Will	3.8B	3.4B	3.7B	4.2B	4.9B	3.0B
Treasury Stock	(26M)	(20M)	(16M)	(13M)	(15.0M)	(15.7M)
Intangible Assets	2.2B	2.3B	2.5B	2.8B	3.3B	3.5B
Net Tangible Assets	(322M)	(170M)	8.1B	18.8B	21.6B	22.7B
Retained Earnings Total Equity	9.1B	6.9B	16.2B	21.3B	24.5B	25.8B

Pair Trading with United Parcel

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if United Parcel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in United Parcel will appreciate offsetting losses from the drop in the long position's value.

Moving against United Stock

0.47

AIRT

Air T Inc

Pair Corr

The ability to find closely correlated positions to United Parcel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Parcel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back United Parcel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling United Parcel Service to buy it.

The correlation of United Parcel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as United Parcel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Parcel Service moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for United Parcel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether United Parcel Service is a strong investment it is important to analyze United Parcel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Parcel's future performance. For an informed investment choice regarding United Stock, refer to the following important reports:

How To Invest In United

Details

Is United Stock a good investment?

Details

What is United Parcel's Net Worth?

Details

Largest Air Freight & Logistics Companies

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Largest Integrated Freight & Logistics Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Parcel Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for United Stock analysis

When running United Parcel's price analysis, check to measure United Parcel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Parcel is operating at the current time. Most of United Parcel's value examination focuses on studying past and present price action to predict the probability of United Parcel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Parcel's price. Additionally, you may evaluate how the addition of United Parcel to your portfolios can decrease your overall portfolio volatility.

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Is United Parcel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Parcel. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Parcel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.41)

Dividend Share

6.49

Earnings Share

6.91

Revenue Per Share

104.652

Quarterly Revenue Growth

(0.05)

The market value of United Parcel Service is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Parcel's value that differs from its market value or its book value, called intrinsic value, which is United Parcel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Parcel's market value can be influenced by many factors that don't directly affect United Parcel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between United Parcel's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Parcel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Parcel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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United Net Income Per Share vs Income Quality Analysis

Net Income Per Share vs Income Quality

Net Income Per Share vs Income Quality Correlation Analysis

Correlation Coefficient

Net Income Per Share

Income Quality

United Parcel fundamental ratios Correlations

United Parcel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

United Parcel fundamental ratios Accounts

Pair Trading with United Parcel

Moving against United Stock

Complementary Tools for United Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.98	Total Assets
Total Current Liabilities	+ 0.97	Total Assets
Accounts Payable	+ 0.97	Total Assets

Common Stock Shares Outstanding	- 0.86	Net Debt
Common Stock Shares Outstanding	- 0.86	Short Long Term Debt Total
Short Term Debt	- 0.81	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.81	Other Current Liab
Current Deferred Revenue	- 0.77	Short Term Investments
Common Stock Shares Outstanding	- 0.77	Net Receivables