PITNEY BOWES INC (PBI) Fundamental Analysis & Valuation

NYSE:PBIUS7244791007

Current stock price

13.19 USD
+0.35 (+2.73%)
At close:
13.22 USD
+0.03 (+0.23%)
Pre-Market:

This PBI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. PBI Profitability Analysis

1.1 Basic Checks

  • In the past year PBI was profitable.
  • PBI had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: PBI reported negative net income in multiple years.
  • In the past 5 years PBI always reported a positive cash flow from operatings.
PBI Yearly Net Income VS EBIT VS OCF VS FCFPBI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M

1.2 Ratios

  • The Return On Assets of PBI (4.57%) is better than 72.15% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 16.35%, PBI belongs to the top of the industry, outperforming 92.41% of the companies in the same industry.
  • PBI had an Average Return On Invested Capital over the past 3 years of 10.17%. This is in line with the industry average of 9.77%.
  • The 3 year average ROIC (10.17%) for PBI is below the current ROIC(16.35%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.57%
ROE N/A
ROIC 16.35%
ROA(3y)-3.48%
ROA(5y)-1.94%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.17%
ROIC(5y)7.98%
PBI Yearly ROA, ROE, ROICPBI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100 -100 200 -200

1.3 Margins

  • PBI's Profit Margin of 7.65% is fine compared to the rest of the industry. PBI outperforms 78.48% of its industry peers.
  • In the last couple of years the Profit Margin of PBI has grown nicely.
  • Looking at the Operating Margin, with a value of 18.63%, PBI belongs to the top of the industry, outperforming 91.14% of the companies in the same industry.
  • In the last couple of years the Operating Margin of PBI has grown nicely.
  • With an excellent Gross Margin value of 54.10%, PBI belongs to the best of the industry, outperforming 93.67% of the companies in the same industry.
  • PBI's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 18.63%
PM (TTM) 7.65%
GM 54.1%
OM growth 3Y20.33%
OM growth 5Y37.27%
PM growth 3Y72.56%
PM growth 5YN/A
GM growth 3Y6.84%
GM growth 5Y10.84%
PBI Yearly Profit, Operating, Gross MarginsPBI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

3

2. PBI Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so PBI is creating value.
  • Compared to 1 year ago, PBI has less shares outstanding
  • PBI has less shares outstanding than it did 5 years ago.
  • PBI has a worse debt/assets ratio than last year.
PBI Yearly Shares OutstandingPBI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
PBI Yearly Total Debt VS Total AssetsPBI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • PBI has an Altman-Z score of 2.25. This is not the best score and indicates that PBI is in the grey zone with still only limited risk for bankruptcy at the moment.
  • PBI has a Altman-Z score of 2.25. This is comparable to the rest of the industry: PBI outperforms 51.90% of its industry peers.
  • PBI has a debt to FCF ratio of 6.29. This is a slightly negative value and a sign of low solvency as PBI would need 6.29 years to pay back of all of its debts.
  • PBI has a better Debt to FCF ratio (6.29) than 69.62% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 6.29
Altman-Z 2.25
ROIC/WACC1.83
WACC8.95%
PBI Yearly LT Debt VS Equity VS FCFPBI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

2.3 Liquidity

  • PBI has a Current Ratio of 0.71. This is a bad value and indicates that PBI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • PBI has a worse Current ratio (0.71) than 81.01% of its industry peers.
  • PBI has a Quick Ratio of 0.71. This is a bad value and indicates that PBI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.67, PBI is not doing good in the industry: 77.22% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.71
Quick Ratio 0.67
PBI Yearly Current Assets VS Current LiabilitesPBI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

4

3. PBI Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 147.27% over the past year.
  • PBI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 35.30% yearly.
  • PBI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -33.76%.
  • Measured over the past years, PBI shows a very negative growth in Revenue. The Revenue has been decreasing by -11.84% on average per year.
EPS 1Y (TTM)147.27%
EPS 3Y104.08%
EPS 5Y35.3%
EPS Q2Q%40.63%
Revenue 1Y (TTM)-33.76%
Revenue growth 3Y-8.65%
Revenue growth 5Y-11.84%
Sales Q2Q%-7.46%

3.2 Future

  • The Earnings Per Share is expected to grow by 11.49% on average over the next years. This is quite good.
  • The Revenue is expected to decrease by -1.79% on average over the next years.
EPS Next Y8.67%
EPS Next 2Y7.23%
EPS Next 3Y11.49%
EPS Next 5YN/A
Revenue Next Year-4.22%
Revenue Next 2Y-2.4%
Revenue Next 3Y-1.79%
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
PBI Yearly Revenue VS EstimatesPBI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B
PBI Yearly EPS VS EstimatesPBI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 1 1.5

8

4. PBI Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 9.70, the valuation of PBI can be described as very reasonable.
  • PBI's Price/Earnings ratio is rather cheap when compared to the industry. PBI is cheaper than 91.14% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.95, PBI is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 8.92, the valuation of PBI can be described as reasonable.
  • PBI's Price/Forward Earnings ratio is rather cheap when compared to the industry. PBI is cheaper than 91.14% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 38.68. PBI is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 9.7
Fwd PE 8.92
PBI Price Earnings VS Forward Price EarningsPBI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PBI indicates a rather cheap valuation: PBI is cheaper than 83.54% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of PBI indicates a rather cheap valuation: PBI is cheaper than 93.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 5.97
EV/EBITDA 7.71
PBI Per share dataPBI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10 -10

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of PBI may justify a higher PE ratio.
PEG (NY)1.12
PEG (5Y)0.27
EPS Next 2Y7.23%
EPS Next 3Y11.49%

8

5. PBI Dividend Analysis

5.1 Amount

  • PBI has a Yearly Dividend Yield of 2.96%.
  • Compared to an average industry Dividend Yield of 0.84, PBI pays a better dividend. On top of this PBI pays more dividend than 89.87% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, PBI pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.96%

5.2 History

  • The dividend of PBI is nicely growing with an annual growth rate of 8.89%!
  • PBI has been paying a dividend for at least 10 years, so it has a reliable track record.
  • PBI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)8.89%
Div Incr Years1
Div Non Decr Years6
PBI Yearly Dividends per sharePBI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • 35.29% of the earnings are spent on dividend by PBI. This is a low number and sustainable payout ratio.
  • PBI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP35.29%
EPS Next 2Y7.23%
EPS Next 3Y11.49%
PBI Yearly Income VS Free CF VS DividendPBI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M
PBI Dividend Payout.PBI Dividend Payout, showing the Payout Ratio.PBI Dividend Payout.PayoutRetained Earnings

PBI Fundamentals: All Metrics, Ratios and Statistics

PITNEY BOWES INC

NYSE:PBI (4/20/2026, 8:24:27 PM)

Premarket: 13.22 +0.03 (+0.23%)

13.19

+0.35 (+2.73%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)02-17
Earnings (Next)04-24
Inst Owners90.3%
Inst Owner Change0.04%
Ins Owners0.46%
Ins Owner Change1.54%
Market Cap1.89B
Revenue(TTM)1.89B
Net Income(TTM)144.70M
Analysts50
Price Target12.65 (-4.09%)
Short Float %15.78%
Short Ratio8.03
Dividend
Industry RankSector Rank
Dividend Yield 2.96%
Yearly Dividend0.31
Dividend Growth(5Y)8.89%
DP35.29%
Div Incr Years1
Div Non Decr Years6
Ex-Date02-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.34%
Min EPS beat(2)-2.56%
Max EPS beat(2)17.25%
EPS beat(4)2
Avg EPS beat(4)8.23%
Min EPS beat(4)-2.79%
Max EPS beat(4)21.01%
EPS beat(8)6
Avg EPS beat(8)52.54%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.77%
Min Revenue beat(2)-2.89%
Max Revenue beat(2)-2.64%
Revenue beat(4)0
Avg Revenue beat(4)-2.83%
Min Revenue beat(4)-3.91%
Max Revenue beat(4)-1.88%
Revenue beat(8)3
Avg Revenue beat(8)-5.41%
Revenue beat(12)5
Avg Revenue beat(12)-4.16%
Revenue beat(16)5
Avg Revenue beat(16)-4.11%
PT rev (1m)0%
PT rev (3m)-4.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.12%
EPS NY rev (1m)0%
EPS NY rev (3m)4.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.76%
Valuation
Industry RankSector Rank
PE 9.7
Fwd PE 8.92
P/S 1
P/FCF 5.97
P/OCF 4.94
P/B N/A
P/tB N/A
EV/EBITDA 7.71
EPS(TTM)1.36
EY10.31%
EPS(NY)1.48
Fwd EY11.21%
FCF(TTM)2.21
FCFY16.74%
OCF(TTM)2.67
OCFY20.24%
SpS13.19
BVpS-5.59
TBVpS-10.89
PEG (NY)1.12
PEG (5Y)0.27
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA 4.57%
ROE N/A
ROCE 21.75%
ROIC 16.35%
ROICexc 20.02%
ROICexgc 47.11%
OM 18.63%
PM (TTM) 7.65%
GM 54.1%
FCFM 16.75%
ROA(3y)-3.48%
ROA(5y)-1.94%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.17%
ROIC(5y)7.98%
ROICexc(3y)13.06%
ROICexc(5y)10.27%
ROICexgc(3y)29.18%
ROICexgc(5y)22.34%
ROCE(3y)13.53%
ROCE(5y)10.62%
ROICexgc growth 3Y41.01%
ROICexgc growth 5Y38.42%
ROICexc growth 3Y32.76%
ROICexc growth 5Y36.46%
OM growth 3Y20.33%
OM growth 5Y37.27%
PM growth 3Y72.56%
PM growth 5YN/A
GM growth 3Y6.84%
GM growth 5Y10.84%
F-Score6
Asset Turnover0.6
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 6.29
Debt/EBITDA 4.26
Cap/Depr 59.4%
Cap/Sales 3.5%
Interest Coverage 2.48
Cash Conversion 82.56%
Profit Quality 219.06%
Current Ratio 0.71
Quick Ratio 0.67
Altman-Z 2.25
F-Score6
WACC8.95%
ROIC/WACC1.83
Cap/Depr(3y)63.98%
Cap/Depr(5y)75.85%
Cap/Sales(3y)3.61%
Cap/Sales(5y)3.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)147.27%
EPS 3Y104.08%
EPS 5Y35.3%
EPS Q2Q%40.63%
EPS Next Y8.67%
EPS Next 2Y7.23%
EPS Next 3Y11.49%
EPS Next 5YN/A
Revenue 1Y (TTM)-33.76%
Revenue growth 3Y-8.65%
Revenue growth 5Y-11.84%
Sales Q2Q%-7.46%
Revenue Next Year-4.22%
Revenue Next 2Y-2.4%
Revenue Next 3Y-1.79%
Revenue Next 5YN/A
EBIT growth 1Y88.25%
EBIT growth 3Y9.92%
EBIT growth 5Y21.02%
EBIT Next Year26.19%
EBIT Next 3Y9.07%
EBIT Next 5YN/A
FCF growth 1Y102.2%
FCF growth 3Y50.81%
FCF growth 5Y9.98%
OCF growth 1Y67.24%
OCF growth 3Y29.85%
OCF growth 5Y4.88%

PITNEY BOWES INC / PBI Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for PITNEY BOWES INC?

ChartMill assigns a fundamental rating of 5 / 10 to PBI.


What is the valuation status of PITNEY BOWES INC (PBI) stock?

ChartMill assigns a valuation rating of 8 / 10 to PITNEY BOWES INC (PBI). This can be considered as Undervalued.


What is the profitability of PBI stock?

PITNEY BOWES INC (PBI) has a profitability rating of 7 / 10.


What is the expected EPS growth for PITNEY BOWES INC (PBI) stock?

The Earnings per Share (EPS) of PITNEY BOWES INC (PBI) is expected to grow by 8.67% in the next year.


Is the dividend of PITNEY BOWES INC sustainable?

The dividend rating of PITNEY BOWES INC (PBI) is 8 / 10 and the dividend payout ratio is 35.29%.