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United Parcel Service Earnings Yield (Joel Greenblatt) %

: 8.63% (As of Jun. 2022)
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United Parcel Service's Enterprise Value for the quarter that ended in Jun. 2022 was $170,823 Mil. United Parcel Service's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $14,739 Mil. United Parcel Service's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was 8.63%.

The historical rank and industry rank for United Parcel Service's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

UPS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.46   Med: 6.01   Max: 9.54
Current: 7.65

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of United Parcel Service was 9.54%. The lowest was 1.46%. And the median was 6.01%.

UPS's Earnings Yield (Joel Greenblatt) % is ranked better than
56.04% of 935 companies
in the Transportation industry
Industry Median: 6.29 vs UPS: 7.65

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. United Parcel Service's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2022 was 15.19%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


United Parcel Service Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for United Parcel Service's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United Parcel Service Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.19 6.53 5.14 1.52 8.58

United Parcel Service Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Earnings Yield (Joel Greenblatt) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.34 5.22 8.58 7.23 8.63

Competitive Comparison

For the Integrated Freight & Logistics subindustry, United Parcel Service's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

United Parcel Service Earnings Yield (Joel Greenblatt) % Distribution

For the Transportation industry and Industrials sector, United Parcel Service's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where United Parcel Service's Earnings Yield (Joel Greenblatt) % falls into.



United Parcel Service Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

United Parcel Services Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=17289/201362.498
=8.59 %

United Parcel Service's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $14,739 Mil.



United Parcel Service  (NYSE:UPS) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


United Parcel Service Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of United Parcel Service's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


United Parcel Service Business Description

United Parcel Service logo
Address
55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 25 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate 62% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder.
Executives
Ford Darrell L officer: Chief Human Resources Officer 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328
Johnson Kathleen E director 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328
Stokes Russell director 5 NECCO STREET BOSTON MA 02210
Hewett Wayne M. director 5 WESTBROOK CORPORATE CENTER WESTCHESTER IL 60154
Boratto Eva C director 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328
Lane Laura J officer: Chief Corp Affairs & Comms Off 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328
Hwang Angela director 235 EAST 42ND STREET ATTN: CORPORATE SECRETARY NEW YORK NY 10017
Newman Brian officer: Chief Financial Officer 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328
Thomas Charlene A officer: Chief Human Resources Officer 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328
Tome Carol B director 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328
Markham Rudy director 55 GLENLAKE PARKWAY NE ATLANTA GA 30328
Burns Michael J director POSTFACH STEIZENSTRASSE 4 CH-8152 GLATTBRUGG ZURICH SWITZERLAND V8 00000
Stankey John T director 208 S. AKARD ST. DALLAS TX 75202
Johnson William R director UNITED PARCEL SERVICE, INC. 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328
Moison Franck J director C/O COLGATE PALMOLIVE CO 300 PARK AVE 15TH FL NEW YORK NY 10022

United Parcel Service Headlines

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