United Parcel Service, Inc. or Watsco, Inc.: Who Leads in Yearly Revenue?

UPS vs. Watsco: A Decade of Revenue Growth

__timestampUnited Parcel Service, Inc.Watsco, Inc.
Wednesday, January 1, 2014582320000003944540000
Thursday, January 1, 2015583630000004113239000
Friday, January 1, 2016609060000004220702000
Sunday, January 1, 2017658720000004341955000
Monday, January 1, 2018718610000004546653000
Tuesday, January 1, 2019740940000004770362000
Wednesday, January 1, 2020846280000005054928000
Friday, January 1, 2021972870000006280192000
Saturday, January 1, 20221003380000007274344000
Sunday, January 1, 2023909580000007283767000
Monday, January 1, 2024910700000007618317000
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Igniting the spark of knowledge

A Decade of Revenue: UPS vs. Watsco

In the ever-evolving landscape of logistics and distribution, United Parcel Service, Inc. (UPS) and Watsco, Inc. have been pivotal players. Over the past decade, UPS has consistently outpaced Watsco in annual revenue, showcasing its dominance in the industry. From 2014 to 2023, UPS's revenue surged by approximately 56%, peaking in 2022. In contrast, Watsco's revenue grew by about 85% during the same period, reflecting its robust growth trajectory, albeit from a smaller base.

Key Insights

  • UPS's Revenue Growth: Starting at $58 billion in 2014, UPS reached a high of $100 billion in 2022, before slightly declining in 2023.
  • Watsco's Steady Climb: From $3.9 billion in 2014, Watsco's revenue climbed to $7.3 billion by 2023.

This data underscores UPS's scale and Watsco's impressive growth, offering a fascinating glimpse into their financial journeys.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025