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October 26 , 2021 UPS Releases 3Q 2021 Earnings • Consolidated Revenues of $ 23.2B , Up 9.2 % from Last Year • Consolidated Operating Profit of $ 2.9B , Up 22.6 % from Last Year ; Up 23.4 % on an Adjusted * Basis • Diluted EPS of $ 2.65 , Up 18.3 % from Last Year ; Adjusted Diluted EPS Up 18.9 % to $ 2.71 Company Raises Full - Year 2021 Financial Guidance ups ATLANTA , Oct. 26 , 2021 ( GLOBE NEWSWIRE ) -- UPS ( NYSE : UPS ) today announced third - quarter 2021 consolidated revenue of $ 23.2 billion , a 9.2 % increase over the third quarter of 2020. Consolidated operating profit was $ 2.9 billion , up 22.6 % compared to the third quarter of 2020 , and up 23.4 % on an adjusted basis . Diluted earnings per share were $ 2.65 for the quarter , 18.3 % above the same period in 2020 , and up 18.9 % on an adjusted basis . For the third quarter of 2021 , GAAP results include after - tax transformation and other charges of $ 54 million , equivalent to $ 0.06 per share . Year - to - date cash from operations was $ 11.8 billion , up 26.7 % compared to the same period in 2020 , with free cash flow of $ 9.3 billion , a 52.3 % increase above the first nine months of 2020 . Revenue Operating profit " I want to thank all UPSers for delivering what matters with great service to our customers , " said Carol Tomé , UPS chief executive officer . " The actions we are taking under our better not bigger strategic framework to improve revenue quality , enhance productivity and remain disciplined on capital allocation are driving our positive financial performance . " U.S. Domestic Segment 3Q 2021 $ 14,208 M $ 1,407 M IR Adjusted 3Q 2021 3Q 2020 $ 13,225 M $ 1,098 M $ 1,414 M • Revenue was up 7.4 % , driven by a 12.0 % increase in revenue per piece . Operating margin was 9.9 % ; adjusted operating margin was 10.0 % . Adjusted 3Q 2020 $ 1,133 M