| Standard Report | Premium Report | |
|---|---|---|
| Current State of the Industry |  |
|
| Market Size (industry trends) | |
|
| Market Forecast (5-year projection) | |
|
| Products/Services Breakdown | |
|
| Revenue per State | |
|
| Financial Metrics | |
|
| Salary & Compensation Statistics | |
|
| Public Company Information | |
|
| Key Private Companies | |
|
| Government Vendors | |
|
| Instant Download - Available immediately upon purchase | |
|
Download both PDF and Excel
|
|
|
| Download now: |
2024 U.S. Industry Statistics & Market Forecast - Postal Service
Market Size & Industry Statistics
The total U.S. industry market size for Postal Service:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
Industry Insights
The Postal Service industry is facing numerous challenges brought on by changing technologies, shifting demographics, and economic pressures. One of the key trends affecting the industry is the rise of digital communications. With the advent of email, social media, and other electronic messaging platforms, traditional postal mail has seen a significant decline in volume, leading to a decrease in revenue for the Postal Service.Another trend is the growing demand for e-commerce and online shopping. This trend has resulted in a surge in package delivery volume for the Postal Service, which has become one of the largest package delivery providers in the United States. The Postal Service has responded by expanding its package delivery services and investing in new technologies to improve efficiency and speed in processing and delivering packages.
The aging population is also affecting the Postal Service industry. A growing number of retirees and baby boomers are relying on the Postal Service for critical services like mail delivery, package delivery, and prescription drug delivery. This has put pressure on the Postal Service to maintain high levels of service while also managing rising costs.
Finally, the Postal Service industry is facing intense competition from private delivery companies. With the consolidation of the industry and the entry of new players like Amazon, FedEx, and UPS, the Postal Service is under pressure to remain competitive and find new ways to differentiate itself in a crowded marketplace. Overall, the Postal Service industry must adapt to these trends and invest in new technologies, services, and strategies to remain relevant and competitive in a rapidly changing landscape.
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) | |
|---|---|---|
| Total Revenue | Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Postal Service company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Postal Service industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Postal Service measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
|
| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
|
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 3% | Order at top of page |
||
| General and Operations Managers | 0% | |||
| Office and Administrative Support Occupations | 88% | |||
| Material Recording, Scheduling, Dispatching, and Distributing Workers | 85% | |||
| Postal Service Workers | 84% | |||
| Postal Service Clerks | 12% | |||
| Postal Service Mail Carriers | 52% | |||
| Postal Service Mail Sorters, Processors, and Processing Machine Operators | 19% | |||
Postal Service Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Postal Service industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Postal Service industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Postal Service industry. |
Source:
Recent Federal Contracts for Postal Service- Apr 02, 2024: PITNEY BOWES BANK, INC., THE (Salt Lake City, UT) awarded $25,200
- Mar 28, 2024: SERVICE SOURCE, INC (Oakton, VA) awarded $2,891,784
- Mar 27, 2024: DOMESTIC AWARDEES (UNDISCLOSED) (Washington, DC) awarded $21,820
- Mar 27, 2024: AIRTRANS GROUP LIMITED (Nicosia, ) awarded $43,302
- Mar 26, 2024: PANNON AIR CARGO NEMZETKOZI SZALLITMANYOZO ES VAMUGYNOK KORLATOLT FELELOSSEGU TARSASAG (Budapest, FOVAROS) awarded $16,807
- Mar 21, 2024: SERVICE SOURCE, INC (Capitol Heights, MD) awarded $62,143,529
- Apr 02, 2024: PITNEY BOWES BANK, INC., THE (Salt Lake City, UT) awarded $25,200
- Mar 28, 2024: SERVICE SOURCE, INC (Oakton, VA) awarded $2,891,784
- Mar 27, 2024: DOMESTIC AWARDEES (UNDISCLOSED) (Washington, DC) awarded $21,820
- Mar 27, 2024: AIRTRANS GROUP LIMITED (Nicosia, ) awarded $43,302
- Mar 26, 2024: PANNON AIR CARGO NEMZETKOZI SZALLITMANYOZO ES VAMUGYNOK KORLATOLT FELELOSSEGU TARSASAG (Budapest, FOVAROS) awarded $16,807
- Mar 21, 2024: SERVICE SOURCE, INC (Capitol Heights, MD) awarded $62,143,529
Related Reports
Can't find what you're looking for? We have over a thousand
market research reports.
Ask us and an analyst will help you find what you need.