PBI Stock Analysis: Pitney Bowes | NYSE
Integrated Freight & Logistics | NYSE, USA | Market Cap: 2.270m USD | 12M Return: 50.2% | US7244791007 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 27.7M
Qual. Beats: 1
Rev. Trend: -85.5%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Pitney Bowes Inc. (NYSE: PBI) is a global provider of digital shipping solutions, mailing technology, and financial services, operating through two main segments: SendTech Solutions and Presort Services. The SendTech segment delivers physical and digital shipping and mailing technology for letters, parcels, and flats, along with supplies, maintenance, and equipment financing for third-party manufacturers. The Presort Services segment functions as a workshare partner of the United States Postal Service (USPS), offering mail sortation services that prepare mail for entry into the postal system.
The company sells its products and services through direct and inside sales forces, partner channels, direct mailings, and digital channels. Originally incorporated in 1920 as the Pitney Bowes Postage Meter Company, the firm has since evolved from its origins in postage meter manufacturing into a broader shipping, mailing, and logistics solutions provider. It is headquartered in Shelton, Connecticut, and is classified within the Industrials sector under the Office Services & Supplies sub-industry.
- SendTech shipping volume declines as digital mail substitution accelerates
- Presort Services revenue pressured by falling USPS mail volumes
- Debt reduction and dividend restoration remain key capital allocation priorities
| Net Income: 187.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 8.64 > 1.0 |
| NWC/Revenue: -20.24% < 20% (prev -18.41%; Δ -1.83% < -1%) |
| CFO/TA 0.16 > 3% & CFO 491.8m > Net Income 187.3m |
| Net Debt (2.00b) to EBITDA (463.1m): 4.32 < 3 |
| Current Ratio: 0.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (139.0m) vs 12m ago -23.18% < -2% |
| Gross Margin: 54.08% > 18% (prev 53.57%; Δ 0.52% > 0.5%) |
| Asset Turnover: 59.64% > 50% (prev 60.85%; Δ -1.21% > 0%) |
| Interest Coverage Ratio: 3.36 > 6 (EBIT TTM 359.3m / Interest Expense TTM 106.8m) |
| A: -0.13 (Total Current Assets 1.04b - Total Current Liabilities 1.42b) / Total Assets 3.02b |
| B: 0.89 (Retained Earnings 2.70b / Total Assets 3.02b) |
| C: 0.11 (EBIT TTM 359.3m / Avg Total Assets 3.13b) |
| D: -0.22 (Book Value of Equity -863.3m / Total Liabilities 3.88b) |
| Altman-Z'' = 2.63 = A |
| DSRI: 0.99 (Receivables 619.0m/663.6m, Revenue 1.87b/1.97b) |
| GMI: 0.99 (GM 53.57% / 54.08%) |
| AQI: 1.02 (AQ_t 0.56 / AQ_t-1 0.55) |
| SGI: 0.95 (Revenue 1.87b / 1.97b) |
| TATA: -0.10 (NI 187.3m - CFO 491.8m) / TA 3.02b) |
| Beneish M = -3.08 (Cap -4..+1) = AA |
As of October 11, 2026, the stock is trading at USD 16.80 with a total of 1,236,289 shares traded. Over the past week, the price has changed by +0.24%, over one month by -2.15%, over three months by -4.54% and over the past year by +50.15%.
Current recommended Stop Loss: 16.20 (which is 3.6% or 1.3 ATR below the current price).
Pitney Bowes has received a consensus analysts rating of 3.20. Therefore, it is recommended to hold PBI.
- StrongBuy: 0
- Buy: 1
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 19.6 | 16.4% |
P/E Trailing = 13.4634
P/E Forward = 7.2464
P/S = 1.2165
P/B = 9.5693
P/EG = 0.6048
Revenue TTM = 1.87b USD
EBIT TTM = 359.3m USD
EBITDA TTM = 463.1m USD
Long Term Debt = 2.01b USD (from longTermDebt, last quarter)
Short Term Debt = 53.1m USD (from shortTermDebt, last quarter)
Debt = 2.28b USD (from shortLongTermDebtTotal, last quarter) + Leases 123.8m
Net Debt = 2.00b USD (calculated: Debt 2.28b - CCE 278.8m)
Enterprise Value = 4.27b USD (2.27b + Debt 2.28b - CCE 278.8m)
Interest Coverage Ratio = 3.36 (Ebit TTM 359.3m / Interest Expense TTM 106.8m)
EV/FCF = 10.14x (Enterprise Value 4.27b / FCF TTM 421.4m)
FCF Yield = 9.86% (FCF TTM 421.4m / Enterprise Value 4.27b)
FCF Margin = 22.58% (FCF TTM 421.4m / Revenue TTM 1.87b)
Net Margin = 10.04% (Net Income TTM 187.3m / Revenue TTM 1.87b)
Gross Margin = 54.08% ((Revenue TTM 1.87b - Cost of Revenue TTM 856.9m) / Revenue TTM)
Gross Margin QoQ = 53.66% (prev 54.41%)
Tobins Q-Ratio = 1.42 (Enterprise Value 4.27b / Total Assets 3.02b)
Interest Expense / Debt = 4.68% (Interest Expense 106.8m / Debt 2.28b)
Taxrate = 25.80% (65.1m / 252.5m)
NOPAT = 266.6m (EBIT 359.3m * (1 - 25.80%))
Current Ratio = 0.73 (Total Current Assets 1.04b / Total Current Liabilities 1.42b)
Debt / Equity = -2.64 (negative equity) (Debt 2.28b / totalStockholderEquity, last quarter -863.3m)
Debt / EBITDA = 4.32 (Net Debt 2.00b / EBITDA 463.1m)
Debt / FCF = 4.75 (Net Debt 2.00b / FCF TTM 421.4m)
Total Stockholder Equity = -805.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.99% (Net Income 187.3m / Total Assets 3.02b)
RoE = -23.27% (negative equity) (Net Income TTM 187.3m / Total Stockholder Equity -805.2m)
RoCE = 29.80% (EBIT 359.3m / Capital Employed (Equity -805.2m + L.T.Debt 2.01b))
RoIC = 17.07% (NOPAT 266.6m / Invested Capital 1.56b)
WACC = 6.18% (E(2.27b)/V(4.55b) * Re(8.90%) + D(2.28b)/V(4.55b) * Rd(4.68%) * (1-Tc(0.26)))
Discount Rate = 8.90% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -75.39 | Cagr: -10.17%
[DCF] Terminal Value 77.97% ; FCFF base≈321.7m ; Y1≈368.8m ; Y5≈542.7m
[DCF] Fair Price = 44.97 (EV 8.17b - Net Debt 2.00b = Equity 6.16b / Shares 137.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.15 | # QB: 1
Revenue Correlation: -85.55 | Revenue CAGR: -13.31% | SUE: 0.04 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.35 | Chg30d=-3.19% | Revisions=-40% | Analysts=6
EPS current Year (2026-12-31): EPS=1.68 | Chg30d=+3.50% | Revisions=+57% | GrowthEPS=+24.1% | GrowthRev=-2.4%
EPS next Year (2027-12-31): EPS=1.82 | Chg30d=+4.10% | Revisions=+57% | GrowthEPS=+8.8% | GrowthRev=-0.6%
[Analyst] Revisions Ratio: +46% (up=8, down=2)