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General Motors vs United Parcel Service: revenue, profit, margins and growth compared

General Motors brought in $185B of revenue in fiscal 2025, United Parcel Service $88.7B in fiscal 2025. Revenue changed by -1.3% at General Motors and -2.6% at United Parcel Service on the year before, so General Motors grew faster. General Motors kept 1.5% of its revenue as net profit, United Parcel Service 6.3%. Free cash flow was $17.6B at General Motors and $4.8B at United Parcel Service.

Side by side, latest fiscal year

GMUPS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$185B$88.7B
Revenue growth-1.3%-2.6%
Net income$2.7B$5.6B
Net margin1.5%6.3%
Free cash flow$17.6B$4.8B
Free cash flow margin9.5%5.4%
Earnings per share (diluted)$3.27$6.56
Cash$20.9B$5.9B
Debtn/a$23.6B
Price to earnings25.314.3
Market value$72.5B$79.9B
Dividend yield0.69%6.98%
Rank by revenue in sector#2 of 451 · Industrials#5 of 451 · Industrials

Over the years

Revenue
GM FY2018: $147BGM FY2019: $137.2BGM FY2020: $122.5BGM FY2021: $127BGM FY2022: $156.7BGM FY2023: $171.8BGM FY2024: $187.4BGM FY2025: $185BUPS FY2018: $71.9BUPS FY2019: $74.1BUPS FY2020: $84.6BUPS FY2021: $97.3BUPS FY2022: $100.3BUPS FY2023: $91BUPS FY2024: $91.1BUPS FY2025: $88.7BFY18FY19FY20FY21FY22FY23FY24FY25
GM $185BUPS $88.7B
Net income
GM FY2018: $8BGM FY2019: $6.7BGM FY2020: $6.4BGM FY2021: $10BGM FY2022: $9.9BGM FY2023: $10.1BGM FY2024: $6BGM FY2025: $2.7BUPS FY2018: $4.8BUPS FY2019: $4.4BUPS FY2020: $1.3BUPS FY2021: $12.9BUPS FY2022: $11.5BUPS FY2023: $6.7BUPS FY2024: $5.8BUPS FY2025: $5.6BFY18FY19FY20FY21FY22FY23FY24FY25
GM $2.7BUPS $5.6B
Net margin
GM FY2018: 5.4%GM FY2019: 4.9%GM FY2020: 5.2%GM FY2021: 7.9%GM FY2022: 6.3%GM FY2023: 5.9%GM FY2024: 3.2%GM FY2025: 1.5%UPS FY2018: 6.7%UPS FY2019: 6.0%UPS FY2020: 1.6%UPS FY2021: 13.2%UPS FY2022: 11.5%UPS FY2023: 7.4%UPS FY2024: 6.3%UPS FY2025: 6.3%FY18FY19FY20FY21FY22FY23FY24FY25
GM 1.5%UPS 6.3%
Revenue growth
GM FY2019: -6.7%GM FY2020: -10.7%GM FY2021: +3.7%GM FY2022: +23.4%GM FY2023: +9.6%GM FY2024: +9.1%GM FY2025: -1.3%UPS FY2019: +3.1%UPS FY2020: +14.2%UPS FY2021: +15.0%UPS FY2022: +3.1%UPS FY2023: -9.3%UPS FY2024: +0.1%UPS FY2025: -2.6%FY19FY20FY21FY22FY23FY24FY25
GM -1.3%UPS -2.6%
Free cash flow
GM FY2018: $6.5BGM FY2019: $7.4BGM FY2020: $11.4BGM FY2021: $7.7BGM FY2022: $6.8BGM FY2023: $10BGM FY2024: $9.3BGM FY2025: $17.6BUPS FY2018: $6.4BUPS FY2019: $2.3BUPS FY2020: $5BUPS FY2021: $10.8BUPS FY2022: $9.3BUPS FY2023: $5.1BUPS FY2024: $6.2BUPS FY2025: $4.8BFY18FY19FY20FY21FY22FY23FY24FY25
GM $17.6BUPS $4.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about General Motors and United Parcel Service

Which is bigger by revenue, General Motors or United Parcel Service?

General Motors is bigger by revenue: $185B in fiscal 2025, against $88.7B for United Parcel Service in fiscal 2025.

Which keeps more of its revenue as profit, General Motors or United Parcel Service?

General Motors had a net margin of 1.5% in fiscal 2025; United Parcel Service had 6.3% in fiscal 2025.

Which grew revenue faster, General Motors or United Parcel Service?

In their latest fiscal years revenue changed by -1.3% at General Motors and -2.6% at United Parcel Service.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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