UPS: We are executing the most significant strategic shift in our company’s history

 UPS today announced third-quarter 2025 consolidated revenues of $21.4 billion. Consolidated operating profit was $1.8 billion; $2.1 billion on a non-GAAP adjusted basis. Diluted earnings per share were $1.55 for the quarter; non-GAAP adjusted diluted earnings per share were $1.74. For the third quarter of 2025, GAAP results include a net charge of $164 million, or $0.19 per diluted share, comprised of after-tax transformation strategy costs of $250 million, partially offset by an $86 million benefit from the reversal of an income tax valuation allowance. Additionally in the third quarter, UPS entered into a sale-leaseback transaction related to five properties, which resulted in a $330 million pre-tax gain on sale within Supply Chain Solutions, and which contributed $0.30 to diluted earnings per share. This transaction was part of the company’s broader capital strategy to monetize certain real estate assets to reinvest for growth with the leases structured to maintain operational continuity. “I want to extend my gratitude to all UPSers for their dedication and steadfast commitment to serving our customers,” said Carol Tomé, UPS chief executive officer. “We are executing the most significant strategic shift in our company’s history, and the changes we are implementing are designed to deliver long-term value for all stakeholders. With the holiday shipping season nearly upon us, we are positioned to run the most efficient peak in our history while providing industry-leading service to our customers for the eighth consecutive year.” U.S. Domestic Segment†  3Q 2025Non-GAAPAdjusted3Q 2025 3Q 2024Non-GAAPAdjusted3Q 2024Revenue$14,220 M $14,597 M Operating profit$603 M$905 M$843 M$919 M Revenue declined 2.6%, primarily driven by an expected decline in volume, partially offset by higher revenue per piece and air cargo revenue.Operating margin was 4.2%; non-GAAP adjusted operating margin was 6.4%.  International Segment  3Q 2025Non-GAAPAdjusted3Q 2025 3Q 2024Non-GAAPAdjusted3Q 2024Revenue$4,673 M $4,411 M Operating profit$676 M$691 M$798 M$792 M Revenue increased 5.9%, driven by a 4.8% increase in average daily volume.Operating margin was 14.5%; non-GAAP adjusted operating margin was 14.8%.  Supply Chain Solutions1 †  3Q 2025Non-GAAPAdjusted3Q 2025 3Q 2024Non-GAAPAdjusted3Q 2024Revenue$2,522 M $3,237 M Operating profit$525 M$536 M$344 M$272 M1 Consists of operating segments that do not meet the criteria of a reportable segment under ASC Topic 280 – Segment Reporting. Revenue declined 22.1%, primarily due to the impact from the third quarter 2024 divestiture of Coyote.Operating margin was 20.8%; non-GAAP adjusted operating margin was 21.3%. 2025 OutlookThe company provides certain guidance on a non-GAAP adjusted basis because it is not possible to predict or provide a reconciliation reflecting the impact of various potential future events, including the impact of pension adjustments, certain strategic initiatives or other unanticipated events, which would be included in reported (GAAP) results and could be material. For the fourth-quarter of 2025, on a consolidated basis, UPS expects revenue to be approximately $24.0 billion and non-GAAP adjusted operating margin of approximately 11.0% – 11.5%. The company confirms the following for the full year 2025: Capital expenditures of approximately $3.5 billionDividend payments expected to be around $5.5 billion, subject to Board approvalEffective tax rate of approximately 23.75%$1.4 billion in pension contributions (of which $1.3 billion have been made)Share repurchases of around $1.0 billion, which have been completedWeiter zum vollständigen Artikel bei Post&Parcel Weiter zum vollständigen Artikel bei Post&Parcel