Who Generates Higher Gross Profit? United Parcel Service, Inc. or RB Global, Inc.

UPS vs. RB Global: Who Leads in Gross Profit?

__timestampRB Global, Inc.United Parcel Service, Inc.
Wednesday, January 1, 201442321300026187000000
Thursday, January 1, 201545984900027335000000
Friday, January 1, 20165003330005467000000
Sunday, January 1, 20175315040007529000000
Monday, January 1, 20186366290007024000000
Tuesday, January 1, 20196728250007798000000
Wednesday, January 1, 20207616710007814000000
Friday, January 1, 202182218800012810000000
Saturday, January 1, 202295710700013094000000
Sunday, January 1, 2023177840000017231000000
Monday, January 1, 2024428420000025022000000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: UPS vs. RB Global

In the competitive world of logistics and auction services, United Parcel Service, Inc. (UPS) and RB Global, Inc. have been vying for dominance in gross profit generation. Over the past decade, UPS has consistently outperformed RB Global, boasting a gross profit that is approximately 17 times higher on average. In 2023, UPS achieved a gross profit of $17.2 billion, a significant leap from its 2014 figure of $26.2 billion. Meanwhile, RB Global has shown impressive growth, nearly quadrupling its gross profit from $423 million in 2014 to $1.78 billion in 2023.

This data highlights the robust growth trajectory of both companies, with UPS maintaining its lead. The consistent upward trend for both firms underscores their resilience and adaptability in an ever-evolving market landscape. As we look to the future, the question remains: can RB Global close the gap, or will UPS continue to dominate?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025