United Parcel Service, Inc. (UPS) stock gained in the current market after the company announced its results for the fourth quarter and fiscal 2021. UPS values $233.09, gaining more than 15% from the previously closed value. At the end of the last trading session, the stock closed at $202.21. The stock volume traded in the previous trading session was around 2.51 million shares.
UPS: Highlights of Q4 2021
United Parcel Service, Inc. (UPS) announced results for the fourth quarter and fiscal results of 2021. The company also provided the outlook for 2022 and expected a growth rate more significant than usual.
- UPS recorded revenue of $27.8 billion in the fourth quarter of 2021. It increases more than 11.5% from the same quarter of 2020.
- The operating profit was around $3.9 billion in Q4 2021. It is an increase of more than 91% from Q4 2020.
- The company reported a diluted EPS of $3.52 in Q4 2021.
Highlights of fiscal 2021
- UPS revenue in fiscal 2021 was $97.3 billion. It is a gain of more than 15% from fiscal 2020.
- The operating income of the company was around $12.8 billion. The adjusted profit is $13.1 billion. It is again of 50% yoy.
- UPS’s operating margin was 13.2% in fiscal 2021. The adjusted operating margin for the same period was 13.5%.
- The EPS was $14.68, and the adjusted EPS was $12.13. It excludes the impact of MTM pension gain and transformation and different charges.
- United Parcel Service, Inc. (UPS) cash from operation was around $15 billion. The company’s cash flow was $10.9 billion in fiscal 2021.
- United Parcel Service, Inc. (UPS) declared a quarterly dividend of $1.52 per share. Dividend yield saw an increase of 49% as compared to fiscal 2020.
The effect of UPS stock
The stock surged in the current market after announcing its fourth-quarter fiscal 2021 results. Investors are fascinated with the growth rate and are investing in its stock. There are a couple of reasons for it. One is the growth rate, while the other is its significant increase of 49% in the dividend yield.
Conclusion
United Parcel Service, Inc. (UPS) looks forward to continuing the growth rate and achieving new milestones in the business. The company expects revenue of $102 billion in fiscal 2022.
