How much money does royal mail make
Royal Mail is a publicly traded company listed on the London Stock Exchange, and as such, its financial performance is publicly disclosed. Here are some key financial metrics for Royal Mail:
Revenue:
- In the fiscal year 2020-2021, Royal Mail's revenue was £9.9 billion (approximately $13.2 billion USD).
- In the fiscal year 2019-2020, Royal Mail's revenue was £9.3 billion (approximately $12.3 billion USD).
- In the fiscal year 2018-2019, Royal Mail's revenue was £9.1 billion (approximately $12.1 billion USD).
Profit:
- In the fiscal year 2020-2021, Royal Mail's operating profit was £243 million (approximately $320 million USD).
- In the fiscal year 2019-2020, Royal Mail's operating profit was £144 million (approximately $190 million USD).
- In the fiscal year 2018-2019, Royal Mail's operating profit was £213 million (approximately $280 million USD).
Dividend:
- In the fiscal year 2020-2021, Royal Mail paid a dividend of 11.4 pence per share, totaling £234 million (approximately $310 million USD).
- In the fiscal year 2019-2020, Royal Mail paid a dividend of 10.4 pence per share, totaling £204 million (approximately $270 million USD).
- In the fiscal year 2018-2019, Royal Mail paid a dividend of 10.2 pence per share, totaling £192 million (approximately $250 million USD).
Market Value:
- As of March 2023, Royal Mail's market capitalization is around £4.5 billion (approximately $6.1 billion USD).
It's worth noting that Royal Mail's financial performance has been impacted by various factors, including the decline of traditional mail volumes, increased competition from private courier services, and the COVID-19 pandemic. The company has been working to adapt to these changes by investing in digital services and expanding its parcel delivery business.