U.S. Postal Service - revenue 2004-2023

Between the fiscal year of 2004 and 2023, the annual revenue of the U.S. Postal Services (USPS) fluctuated around 70 billion U.S. dollars. In the fiscal year of 2023, the USPS generated annual revenue of nearly 78.2 billion U.S. dollars.

Past and present of USPS

USPS was formed in 1971 as an independent agency in the U.S. to provide country-wide postal services. In the fiscal year of 2022, U.S. Postal Services made almost 12 billion U.S. dollars in revenue from its priority mail services. In that same year, the company’s mail volume was equivalent to over 116 billion total mail units but has been declining since 2006 continuously.

Global postal services and USPS

Postal services provide one of the major means of communication and transportation between individuals. In 2020, the global postal industry revenue amounted to some 443 billion euros worldwide. That same year, the global courier, express and parcel (CEP) market was worth over 375 billion euros. Globally three postal companies are considered as legacy providers - FedEx, UPS, and DHL. In 2021, the global market share of USPS was considerably lower than the other legacy providers, where DHL, FedEx and UPS held 43, 30 and 23 percent of the total market respectively.