Deutsche Post DHL Group - external revenue by segment 2023
In the fiscal year of 2023, the Deutsche Post DHL Group's revenue from its express business unit amounted to 24.3 billion euros.
A brief overview of Deutsche Post DHL
Deutsche Post DHL Group is a German supply chain management and package delivery multinational company. The company is composed of several transportation-related segments that include postal services, express delivery, freight forwarding, and supply chain management. The company was founded in 1995 as a result of privatization of the postal services in Germany. Since its establishment, the company demonstrated a strong growth pattern in its operations and key financial indicators. Between 2006 and 2023, the company’s capacity reached over 594 employees in 2023, up from 507,641 in 2006. Interestingly, the Deutsche Post DHL Group’s total revenue fluctuated around 50 to 60 billion euros between 2006 and 2022, reaching a peak at over 94.4 billion euros in 2022. Perhaps the stagnant growth pattern could be attributed to high competitiveness in the international delivery and logistics industry.
Deutsche Post DHL Group in the global logistics market
The company expanded its operations internationally with high comparative competitiveness in terms of efficiency, cost and quality of the logistics services it provided. In terms of contract logistics, DHL is the leading one worldwide, with almost six percent of the global market share. In courier and postal services, DHL holds the highest share of couriers and local delivery services in Europe and Asia-Pacific. Yet, in the Americas region, FedEx and UPS are the leading providers of couriers and local delivery services, and DHL is the third-largest provider. In 2023, the Deutsche Post DHL Group’s revenue from its European operations were over 45.5 billion euros, making it the leading logistics company in the region. By revenue distribution, DHL is followed by Maersk and Deutsche Bahn AG in Europe.