Global logistics operator UPS reported revenues up 11.5% to $27.8 billion in its fourth-quarter 2021 results. Consolidated operating profit was $3.9 billion, up 91.0% compared to the fourth quarter of 2020, and up 37.7% on an adjusted basis. Diluted earnings per share were $3.52 for the quarter; adjusted diluted earnings per share were 35.0%above the same period in 2020.
Domestic revenue was up 12.4% to $17.7bn and international revenue increased 13.1% to $5.4bn. Supply chain solution revenue was $4.68bn compared with $4.38bn in the fourth quarter of 2020.
CEO Carol Tomé, said: “I want to thank all UPSers for their outstanding efforts throughout the holiday season and for once again delivering industry-leading service to our customers.
“The execution of our strategy is delivering positive financial results and driving strong momentum as we move into 2022.”
