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                                    How did UPS's income tax expense evolve throughout 2024?
                                </h1> <div class="user_slot" data-v-0eba195e=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-0eba195e=""> <span class="user_desction" data-v-0eba195e="">
                                        
                                        3/30/2025 04:21pm
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">United Parcel Service (UPS) incurred an income tax expense of $1.66 billion in 2024, which represents the cumulative total for the year ending on December 31, 2024. This figure underscores the significant amount of taxes that UPS was obligated to pay during this period.


|code|Ticker|Name|Date|Income Taxes|Income Taxes YoY|market_code|
|---|---|---|---|---|---|---|
|UPS|UPS.N|United Parcel|2024 Q1|4.23E8|-32.535885167464116|169|
|UPS|UPS.N|United Parcel|2024 Q2|4.6E8|-28.012519561815335|169|
|UPS|UPS.N|United Parcel|2024 Q3|3.71E8|163.1205673758865|169|
|UPS|UPS.N|United Parcel|2024 Q4|4.06E8|-11.353711790393014|169|

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This figure underscores the significant amount of taxes that UPS was obligated to pay during this period.\n\n\n|code|Ticker|Name|Date|Income Taxes|Income Taxes YoY|market_code|\n|---|---|---|---|---|---|---|\n|UPS|UPS.N|United Parcel|2024 Q1|4.23E8|-32.535885167464116|169|\n|UPS|UPS.N|United Parcel|2024 Q2|4.6E8|-28.012519561815335|169|\n|UPS|UPS.N|United Parcel|2024 Q3|3.71E8|163.1205673758865|169|\n|UPS|UPS.N|United Parcel|2024 Q4|4.06E8|-11.353711790393014|169|\n\n","select   stock_code,   income_taxes_cum from   ustock_fin_data where   report_end_date = date('2024y')   and report_period like '%q4'   and stock_code = 'UPS.N'","agent_common_v2\nagent-summary","NONE","typewrite",1743322902580,"stock","United Parcel Service (UPS) incurred an income tax expense of $1.66 billion in 2024, which represents the cumulative total for the year ending on December 31, 2024[^1]",". 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