UNITED PARCEL SERVICE INC Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
United Parcel Service Inc quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • United Parcel Service Inc Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $371M, a 163% increase year-over-year.
  • United Parcel Service Inc Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $1.71B, a 29.3% decline year-over-year.
  • United Parcel Service Inc annual Income Tax Expense (Benefit) for 2023 was $1.87B, a 43.1% decline from 2022.
  • United Parcel Service Inc annual Income Tax Expense (Benefit) for 2022 was $3.28B, a 11.6% decline from 2021.
  • United Parcel Service Inc annual Income Tax Expense (Benefit) for 2021 was $3.71B, a 640% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.87B -$1.41B -43.1% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-20
2022 $3.28B -$428M -11.6% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-20
2021 $3.71B +$3.2B +640% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-20
2020 $501M -$711M -58.7% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-21
2019 $1.21B -$16M -1.3% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-22
2018 $1.23B -$1B -45% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-22
2017 $2.23B +$533M +31.4% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-20
2016 $1.7B -$799M -32% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-21
2015 $2.5B +$893M +55.6% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-21
2014 $1.61B -$697M -30.3% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-21
2013 $2.3B +$2.14B +1278% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $167M -$1.81B -91.5% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-27
2011 $1.97B +$20M +1.03% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-28
2010 $1.95B Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.