联合包裹United Parcel Service, Inc (UPS) 2019年年度报告「NYSE」.pdf

1、2019 UPS Annual Report55 Glenlake Parkway,NE Atlanta,GA 30328-2019 Annual Report Accelerating Forward CUSTOMER FIRST.PEOPLE LED.INNOVATION DRIVEN.FINANCIAL HIGHLIGHTS(in millions except per-share amounts)201920182017Revenue$74,094$71,861$66,585 Operating expenses66,29664,83759,056Net income4,4404,79

2、14,905Adjusted net income*6,5436,3015,254Diluted earnings per share 5.11 5.51 5.61 Adjusted diluted earnings per share*7.53 7.24 6.00 Dividends declared per share3.843.643.32Assets57,85750,01645,574Long-term debt21,81819,93120,278Shareowners equity3,2833,0371,024Capital expenditures1 6,380 6,283 5,2

3、27Cash and marketable securities5,7415,0354,069KEY METRICS201920182017Return on Assets(GAAP)8.2%10.0%11.4%Return on Assets (Adjusted)*12.3%13.3%12.1%Dividend Yield3.3%3.7%2.6%FREE CASH FLOW(millions of dollars)201920182017Net cash from operations$8,639$12,711$1,479 Capital expenditures1(6,380)(6,283

4、)(5,227)Proceeds from disposals of PP&E65 37 24 Net change in finance receivables13 4 5 Other investing activities(75)1 1 Free cash flow22,262 6,470(3,718)Discretionary pension contributions 2,000 -7,291 Adjusted free cash flow excluding discretionary pension contributions4,262 6,470 3,573*See recon

5、ciliation of Non-GAAP financial measures on page A1.1 Adjusted capital expenditures including principal repayments of finance lease obligations were$6.520 and$6.623 billion in 2019 and 2018,respectively.2 Adjusted free cash flow including principal repayments of finance lease obligations was$4.122 a

6、nd$6.130 billion in 2019 and 2018,respectively.YEAR FOUNDED:19072285 DAILY FLIGHT SEGMENTS WORLDWIDE OPERATING FACILITIES:MORE THAN 2,500ALTERNATIVE FUEL VEHICLES:MORE THAN 10,000OVER 40,000 UPS ACCESS POINT LOCATIONS2019 DELIVERY VOLUME:5.5 BILLION PACKAGES AND DOCUMENTSMORE THAN 125,000 VEHICLES I