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Brown Cafe UPS Forum
UPS Union Issues
UPS Profits - Where does the money go?
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<blockquote data-quote="beentheredonethat" data-source="post: 1057495" data-attributes="member: 4886"><p>You are close, but you mixed gross profit and net profit. Our margin is 11% gross. We earned approx 6 Billion gross profit and just under 4 Bilion Net profit. Of the net profit we paid under 2 Billion in Dividends showing the 50% you mentioned. But compared to gross profits it was 1/3. All your numbers are right, but with mixing and matching gross and net numbers it tends to confuse the normal reader. We also spent about 2 billion in capital expenditures.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1057495, member: 4886"] You are close, but you mixed gross profit and net profit. Our margin is 11% gross. We earned approx 6 Billion gross profit and just under 4 Bilion Net profit. Of the net profit we paid under 2 Billion in Dividends showing the 50% you mentioned. But compared to gross profits it was 1/3. All your numbers are right, but with mixing and matching gross and net numbers it tends to confuse the normal reader. We also spent about 2 billion in capital expenditures. [/QUOTE]
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UPS Profits - Where does the money go?
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