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Financial Highlights
Years ended Sept 30
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Percent change from preceding year
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FY2016
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FY2015
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FY2014
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FY2015-16
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FY2014-15
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(in millions)
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Total revenue
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$ 71,498
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$ 68,928
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$ 67,830
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3.7%
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1.6%
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Total operating expenses
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$ 76,899
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$ 73,826
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$ 73,178
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4.2%
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0.9%
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Interest, net
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$ (190)
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$ (162)
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$ (160)
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Net loss
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$ (5,591)
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$ (5,060)
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$ (5,508)
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|
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Purchases of capital property and equipment
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$ 1,428
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$ 1,222
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$ 781
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16.9%
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56.5%
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Debt
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$ 15,000
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$ 15,000
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$ 15,000
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|
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Capital contributions of U.S. Government
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$ 3,132
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$ 3,132
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$ 3,132
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Deficit since 1971 reorganization
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$ (59,114)
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$ (53,523)
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$ (48,463)
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Total net deficiency
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$ (55,982)
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$ (50,391)
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$ (45,331)
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(in actual units indicated, unaudited)
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Number of career employees
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508,908
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491,863
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488,300
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3.5%
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0.7%
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Number of non-career employees
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130,881
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129,974
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129,577
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0.7%
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0.3%
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Mail volume (pieces in millions)
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154,323
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154,322
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155,532
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0.0%
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(0.8)%
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New delivery points served
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1,142,352
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1,059,852
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971,543
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7.8%
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9.1%
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Note: Numbers for certain mail categories for the years FY2016, FY2015 and FY2014 have been reclassified subsequent to the Postal Service’s filing its Form 10-K with the PRC on November 15, 2016; therefore slight differences from the 10-K exist, which the Postal Service considers immaterial for financial reporting purposes. The reclassifications did not impact Total Operating Revenue amount.
![Ready Now arrow Future Ready Ready Now arrow Future Ready](images/annual_report2016_tech_002_1.jpg)
The United States Postal Service has been connecting people and communities, binding the nation together, for more than 240 years. Our mission — established by law and solidified in our commitment to our customers — is to provide reliable, efficient, trusted and affordable service to connect America and help businesses grow.
As the nation has evolved, so have we. We’ve always been a leader in adopting the newest technologies, from automation to barcodes to augmented reality. We view advances in technology not as disruptive — but as an advantage. If they help us deliver better service to our customers, we’re there.
And we’re making sure we’ll always be there for you.
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