United Fixed Asset Turnover from 2010 to 2024

UPS Stock  USD 135.72  0.04  0.03%   
United Parcel Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 2.15 in 2024. From the period from 2010 to 2024, United Parcel Fixed Asset Turnover quarterly data regression had r-value of (0.54) and coefficient of variation of  14.40. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.20488207
Current Value
2.15
Quarterly Volatility
0.39378486
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Parcel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Parcel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 B, Total Revenue of 60.3 B or Gross Profit of 18.3 B, as well as many indicators such as Price To Sales Ratio of 1.97, Dividend Yield of 0.0418 or PTB Ratio of 7.41. United financial statements analysis is a perfect complement when working with United Parcel Valuation or Volatility modules.
  
Check out the analysis of United Parcel Correlation against competitors.

Latest United Parcel's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of United Parcel Service over the last few years. It is United Parcel's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Parcel's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

United Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.73
Geometric Mean2.71
Coefficient Of Variation14.40
Mean Deviation0.34
Median2.70
Standard Deviation0.39
Sample Variance0.16
Range1.0897
R-Value(0.54)
Mean Square Error0.12
R-Squared0.29
Significance0.04
Slope(0.05)
Total Sum of Squares2.17

United Fixed Asset Turnover History

2024 2.15
2023 2.2
2022 2.61
2021 2.63
2020 2.4
2019 2.43
2018 2.7

About United Parcel Financial Statements

United Parcel shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although United Parcel investors may analyze each financial statement separately, they are all interrelated. The changes in United Parcel's assets and liabilities, for example, are also reflected in the revenues and expenses on on United Parcel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.20  2.15 

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Additional Tools for United Stock Analysis

When running United Parcel's price analysis, check to measure United Parcel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Parcel is operating at the current time. Most of United Parcel's value examination focuses on studying past and present price action to predict the probability of United Parcel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Parcel's price. Additionally, you may evaluate how the addition of United Parcel to your portfolios can decrease your overall portfolio volatility.