OverviewSuggest Edit

The United States Postal Service (USPS) is an independent agency of the United States federal government responsible for providing postal service in the United States. The Company holds a monopoly over the delivery of nonurgent mail, providing equal access to postal products and services, and guarantees the same postage fees for all citizens regardless of their location.

TypePrivate
Founded1971
HQWashington, US
Websiteusps.com
Employee Ratings2.4

Latest Updates

Employees (est.) (Feb 2020)131,614(-1%)
Revenue (FY, 2018)$70.7 B(+2%)

Key People/Management at USPS

Megan J. Brennan

Megan J. Brennan

Postmaster General and Chief Executive Officer
Ronald A. Stroman

Ronald A. Stroman

Deputy PMG and Chief Government Relations Officer
David E. Williams

David E. Williams

Chief Operating Officer and Executive Vice President
Kristin Seaver

Kristin Seaver

Chief Information Officer and Executive Vice President
Joseph Corbett

Joseph Corbett

Chief Financial Officer and Executive Vice President
Jacqueline Krage Strako

Jacqueline Krage Strako

Acting Chief Customer and Marketing Officer and Executive Vice President
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USPS Office Locations

USPS has an office in Washington
Washington, US (HQ)
475 L'Enfant Plaza SW
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USPS Financials and Metrics

Summary Metrics

Founding Date

1971
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USPS Revenue

USPS's revenue was reported to be $70.66 b in FY, 2018 which is a 1.5% increase from the previous period.
USD

Revenue (Q1, 2019)

19.7b

Net income (Q1, 2019)

(1.5b)

EBIT (Q1, 2019)

(1.5b)

Cash (31-Dec-2018)

9.3b
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

71.5b69.6b70.7b

Revenue growth, %

(3%)1%

Operating expense total

76.9b72.2b74.4b

EBIT

(5.4b)(2.6b)(3.8b)
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

8.1b10.5b10.1b

Accounts Receivable

1.0b1.1b1.1b

Current Assets

9.5b12.1b11.6b

PP&E

15.3b14.9b14.6b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

7.3b8.3b8.9b8.2b9.4b9.5b10.4b11.4b11.2b9.3b

Accounts Receivable

966.0m1.0b1.1b1.1b1.0b1.1b1.3b1.3b1.3b1.3b

Current Assets

8.7b9.7b10.4b9.9b10.9b11.1b12.2b13.2b12.9b11.2b

PP&E

15.5b15.3b15.3b15.3b15.1b14.9b14.8b14.6b14.5b14.6b
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

(5.6b)(2.7b)(3.9b)

Depreciation and Amortization

1.7b1.7b1.7b

Cash From Operating Activities

2.7b3.8b2.8b

Purchases of PP&E

(1.4b)(1.3b)(1.4b)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

307.0m(1.7b)(3.3b)1.4b877.0m(1.3b)(540.0m)(1.9b)(3.4b)(1.5b)

Depreciation and Amortization

427.0m872.0m1.3b408.0m825.0m1.3b417.0m826.0m1.2b417.0m

Cash From Operating Activities

913.0m2.2b3.3b667.0m2.1b2.5b193.0m1.5b1.6b(307.0m)

Purchases of PP&E

(275.0m)(608.0m)(1.0b)(442.0m)(705.0m)(997.0m)(323.0m)(544.0m)(905.0m)(401.0m)
USDY, 2018

Debt/Equity

-0.2 x

Debt/Assets

0.5 x

Financial Leverage

-0.4 x
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USPS Operating Metrics

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USPS Revenue Breakdown

Embed Graph

USPS revenue breakdown by business segment: 35.4% from First-Class Mail, 23.4% from Marketing Mail, 30.5% from Shipping and Packages and 10.8% from Other

USPS Online and Social Media Presence

Embed Graph

USPS News and Updates

USPS Awards Matheson Postal Services New Large Transportation Contract; CNG Tractors Planned

SACRAMENTO, Calif., Aug. 23, 2018 /PRNewswire/ -- The United States Postal Service awarded Matheson Postal Services with another large contract which extends across the west coast. The new contract began August 1 and will continue for four years. Matheson is an award-winning...

Stamps.com stock falls after warning its deal with USPS could change

USPS recently requested a renegotiation of their agreement with Stamps.com, and the online shipping company warned that revenue could suffer as a result.

Perspecta Wins Contract to Support the United States Postal Service

CHANTILLY, Va., Aug. 9, 2018 /PRNewswire/ -- Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that it has been awarded a prime position on the United States Postal Service (USPS) Enterprise Information Technology Program (EITP) Technical Support...

New Wage Increase Awarded To Matheson Flight Extenders' Billings Employees

BILLINGS, Mont., Aug. 9, 2018 /PRNewswire/ -- Material handlers of Matheson Flight Extenders' Billings, MT location recently experienced a significant new wage increase effective August 1st. Current employees will see an over 20% uptick on their paychecks beginning August 10th. Matheson...

The U.S. Postal Service Just Profiled Millennials, Then Made This Goofy Picture of Them

The USPS has a serious problem with Millennials using the mail. And an even more serious problem understanding how to win them back, minus the goofy cartoon drawings.
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USPS Blogs

USPS reports first quarter fiscal 2020 results

WASHINGTON – The U.S. Postal Service reported total revenue of $19.4 billion for the first quarter of fiscal 2020 (October 1, 2019 - December 31, 2019), a decrease of $363 million, or 1.8 percent, compared to the same quarter last year.

U.S. Postal Service Salutes Pioneering Journalist Gwen Ifill

WASHINGTON — As the nation prepares to observe Black History Month, the U.S. Postal Service today issued the 43rd Black Heritage stamp, honoring one of America’s most respected journalists, Gwen Ifill. The dedication ceremony was held at Metropolitan African Methodist Episcopal Church in Washington,…

Board of Governors to meet Feb. 6

WASHINGTON — The U.S. Postal Service Board of Governors will meet Feb. 6, 2020, in open session at Postal Service headquarters, 475 L’Enfant Plaza, SW, Washington, DC. The public is welcome to observe the meeting beginning at 4:00 p.m. ET in the Benjamin Franklin Room on the 11th floor. The Board is…

Love Is in the Mail

MEMPHIS, TN – Love is celebrated with Made of Hearts, the latest stamp in the U.S. Postal Service’s Love series, available now. This heart-filled design is just right for thank-you notes, get-well cards or any occasion when love is the perfect message. A dedication ceremony for the stamp was held to…

USPS to issue Wild Orchids Forever stamps in February

The U.S. Postal Service celebrates the beauty of Wild Orchids with stamps of flowers that grow in the United States. The stamp art highlights photos taken by photographer Jim Fowler. Art director Ethel Kessler designed the stamps.

A New Stamp to Celebrate

In February 2020, the U.S. Postal Service will issue the Let’s Celebrate! stamp for any joyous occasion. Whether celebrating a birthday, an anniversary, a new job or retirement, this stamp will help mark the occasion.
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USPS Frequently Asked Questions

  • When was USPS founded?

    USPS was founded in 1971.

  • Who are USPS key executives?

    USPS's key executives are Megan J. Brennan, Ronald A. Stroman and David E. Williams.

  • How many employees does USPS have?

    USPS has 131,614 employees.

  • What is USPS revenue?

    Latest USPS annual revenue is $70.7 b.

  • What is USPS revenue per employee?

    Latest USPS revenue per employee is $536.9 k.

  • Who are USPS competitors?

    Competitors of USPS include United Parcel Service, Swiss Post and Grab.

  • Where is USPS headquarters?

    USPS headquarters is located at 475 L'Enfant Plaza SW, Washington.

  • Where are USPS offices?

    USPS has an office in Washington.

  • How many offices does USPS have?

    USPS has 1 office.