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Brown Cafe UPS Forum
UPS Retirement Topics
No noise from retirees about the New Contract and how it affects you
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<blockquote data-quote="beentheredonethat" data-source="post: 1361802" data-attributes="member: 4886"><p>Although I think 10% net isn't all that much, esp when you compare to other high tech companies or oil companies. Let's agree on that for a moment. 10% net is after taxes, expenses etc. UPS had for FY 2013, 55 Billion in revenue. A 10% profit would be 5.5 Billion. UPS net profit (after taxes) was 4.3 Billion. (roughly 8 % net). From that 8% UPS uses to pay dividends, Uses to invest in buildings, planes, feeders, pkg cars etc. It also uses to pay back debt from borrowings. It also uses it to buy back stock on the open market.</p><p></p><p>Here's a link to the income statement. <a href="http://finance.yahoo.com/q/is?s=UPS+Income+Statement&annual" target="_blank">http://finance.yahoo.com/q/is?s=UPS+Income+Statement&annual</a></p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1361802, member: 4886"] Although I think 10% net isn't all that much, esp when you compare to other high tech companies or oil companies. Let's agree on that for a moment. 10% net is after taxes, expenses etc. UPS had for FY 2013, 55 Billion in revenue. A 10% profit would be 5.5 Billion. UPS net profit (after taxes) was 4.3 Billion. (roughly 8 % net). From that 8% UPS uses to pay dividends, Uses to invest in buildings, planes, feeders, pkg cars etc. It also uses to pay back debt from borrowings. It also uses it to buy back stock on the open market. Here's a link to the income statement. [url]http://finance.yahoo.com/q/is?s=UPS+Income+Statement&annual[/url] [/QUOTE]
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