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Pitney Bowes Inc

Industrials US PBI

4.2USD
0.21(5.26%)

Last update at 2024-04-22T20:10:00Z

Day Range

4.044.25
LowHigh

52 Week Range

2.714.59
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 39.88M -7.41500M -184.93200M 27.14M 212.36M
Minority interest - - - - -
Net income 36.94M 3.51M -191.65900M 40.15M 223.66M
Selling general administrative 905.57M 924.16M 963.32M 1003.99M 1123.12M
Selling and marketing expenses - - - - -
Gross profit 1080.49M 1122.00M 1147.85M 1282.99M 1629.43M
Reconciled depreciation 163.82M 162.86M 160.62M 159.14M 203.29M
Ebit -15.24100M -54.38500M -20.92300M 48.52M 147.04M
Ebitda 148.57M 108.47M 139.70M 207.66M 350.34M
Depreciation and amortization 163.82M 162.86M 160.62M 159.14M 203.29M
Non operating income net other - - - - -
Operating income -15.24100M -54.38500M -20.92300M 48.52M 380.73M
Other operating expenses 3406.78M 3522.50M 3407.93M 2977.39M 3141.65M
Interest expense 89.98M 96.89M 105.75M 110.91M 110.90M
Tax provision 2.94M -10.92200M 6.73M -13.00700M 12.38M
Interest income 89.98M 96.89M 105.75M 105.76M 148.83M
Net interest income -89.98000M -96.88600M -105.75300M -110.91000M -110.90000M
Extraordinary items 0.00000M -4.85800M 10.12M 154.46M 97.11M
Non recurring -2.90300M 60.58M 227.03M 93.91M 35.04M
Other items - - - - -
Income tax expense 2.94M -10.92200M 6.73M -13.00700M 12.38M
Total revenue 3538.04M 3673.56M 3554.07M 3205.12M 3522.38M
Total operating expenses 949.23M 970.94M 1001.71M 1055.25M 1248.70M
Cost of revenue 2457.55M 2551.56M 2406.22M 1922.14M 1892.95M
Total other income expense net 55.12M 46.97M -164.00900M -21.37400M -57.46600M
Discontinued operations - -4.85800M 10.12M 154.46M 60.11M
Net income from continuing ops 36.94M 3.51M -191.65900M 40.15M 199.98M
Net income applicable to common shares 36.94M -1.35100M -181.54400M 40.15M 223.66M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 4742.40M 4955.69M 5217.82M 5468.26M 5972.90M
Intangible assets 77.94M 132.44M 159.84M 190.64M 227.14M
Earning assets - - - - -
Other current assets 115.82M 154.16M 120.14M 101.60M 99.33M
Total liab 4681.75M 4843.06M 5151.43M 5182.17M 5733.43M
Total stockholder equity 60.65M 112.63M 66.39M 286.10M 239.47M
Deferred long term liab 41.00M 48.00M 40.00M 26.05M 20.42M
Other current liab 3.15M 9.02M 2.88M 26.80M 18.44M
Common stock 323.34M 323.34M 323.34M 323.34M 323.34M
Capital stock 323.34M 323.34M 323.34M 323.34M 323.74M
Retained earnings 5125.68M 5169.27M 5201.19M 5438.93M 5416.78M
Other liab 470.84M 627.11M 754.63M 883.57M 873.64M
Good will 1066.95M 1135.10M 1152.29M 1324.18M 1766.51M
Other assets 380.42M 471.08M 561.85M 183.40M 150.74M
Cash 669.98M 732.48M 921.45M 924.44M 866.74M
Cash and equivalents 669.98M 732.48M 921.45M 924.44M 867.26M
Total current liabilities 1728.85M 1724.76M 1868.15M 1571.05M 1857.14M
Current deferred revenue 733.28M 731.34M 731.75M 101.92M 237.53M
Net debt 1853.56M 1823.75M 1862.42M 2029.05M 2398.87M
Short term debt 85.34M 65.04M 255.21M 56.17M 199.53M
Short long term debt 32.76M 24.74M 216.03M 20.11M 199.53M
Short long term debt total 2523.54M 2556.23M 2783.87M 2953.49M 3265.61M
Other stockholder equity -4552.79800M -4599.66400M -4619.00700M -4636.02900M -4552.61400M
Property plant equipment 744.29M 672.36M 429.71M 417.40M 410.11M
Total current assets 1798.02M 1888.88M 2106.92M 2237.44M 2320.76M
Long term investments 627.12M 587.43M 605.29M 625.49M 592.16M
Net tangible assets -1084.24200M -1154.91300M -1245.72900M -1228.72300M -1527.43600M
Short term investments 11.17M 14.44M 18.97M 115.88M 56.45M
Net receivables 917.32M 909.20M 980.51M 1010.04M 1251.41M
Long term debt 2172.50M 2299.10M 2348.36M 2719.61M 3066.07M
Inventory 83.72M 78.59M 65.84M 68.25M 41.96M
Accounts payable 907.08M 919.37M 878.30M 1386.17M 1401.63M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -835.56400M -780.31200M -839.13100M -840.14300M -948.42600M
Additional paid in capital - - - - -
Common stock total equity 323.34M 323.34M 323.34M 323.34M 323.34M
Preferred stock total equity - - - - 0.40M
Retained earnings total equity 5125.68M 5169.27M 5201.19M 5438.93M 5416.78M
Treasury stock - -4602.14900M -4687.50900M -4734.77700M -4674.08900M
Accumulated amortization - - - - -
Non currrent assets other 532.10M 471.08M 489.20M 400.46M 463.06M
Deferred long term asset charges - - - - -
Non current assets total 2944.39M 3066.82M 3110.90M 3230.82M 3652.15M
Capital lease obligations 318.27M 232.39M 219.47M 213.77M -
Long term debt total 2172.50M 2299.10M 2348.36M 2719.61M 3066.07M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -10.14700M 16.15M 33.77M -27.46000M 106.13M
Change to liabilities -22.65600M 33.22M 67.46M -28.62700M -27.98700M
Total cashflows from investing activities -24.26900M -155.25100M -75.69200M 489.57M 259.74M
Net borrowings -132.63600M -300.99700M -221.75100M -540.20300M -570.18000M
Total cash from financing activities -198.08300M -330.37100M -235.37100M -686.64000M -766.41900M
Change to operating activities 4.13M 28.93M 1.22M -8.31900M 27.18M
Net income 36.94M 3.51M -191.65900M 40.15M 199.98M
Change in cash -62.49900M -188.97000M -2.99200M 57.18M -141.75900M
Begin period cash flow 732.48M 921.45M 924.44M 867.26M 1009.02M
End period cash flow 669.98M 732.48M 921.45M 924.44M 867.26M
Total cash from operating activities 175.98M 301.51M 301.97M 252.21M 392.26M
Issuance of capital stock - - - - -
Depreciation 163.82M 162.86M 160.62M 159.14M 203.29M
Other cashflows from investing activities 110.72M 12.64M -4.47400M 654.28M 345.06M
Dividends paid 34.72M 34.80M 34.29M 35.36M 140.50M
Change to inventory -4.94200M -8.00800M 3.15M -5.58800M 0.09M
Change to account receivables -29.30300M 37.50M -47.23600M 8.32M -35.56500M
Sale purchase of stock -13.44600M 0.00000M 0.00000M -105.00000M 0.00000M
Other cashflows from financing activities -25.81800M 1150.16M 904.57M -6.07600M -55.74100M
Change to netincome 2.04M 66.87M 262.38M -56.96700M -0.66400M
Capital expenditures 124.84M 184.04M 104.99M 137.25M 191.44M
Change receivables -41.89400M 58.44M 23.27M 33.96M 44.35M
Cash flows other operating 34.00M -17.66900M -44.23900M -44.31800M -50.49100M
Exchange rate changes - - - - -25.38100M
Cash and cash equivalents changes -46.36900M -184.10700M -9.09100M 55.13M -139.79400M
Change in working capital -17.65700M 105.15M 71.61M -44.57700M -65.36100M
Stock based compensation 16.63M 20.86M 17.48M 23.15M 21.04M
Other non cash items -27.43300M 29.02M 229.04M 69.41M -23.67100M
Free cash flow 51.14M 117.47M 196.99M 114.95M 200.82M

Fundamentals

  • Previous Close 3.99
  • Market Cap754.70M
  • Volume1180645
  • P/E Ratio-
  • Dividend Yield4.67%
  • EBITDA245.96M
  • Revenue TTM3303.46M
  • Revenue Per Share TTM18.87
  • Gross Profit TTM 1080.49M
  • Diluted EPS TTM-0.89

Peer Comparison

Sector: Industrials Industry: Integrated Freight & Logistics

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
PBI
Pitney Bowes Inc
0.21 5.26% 4.20 - 34.48 0.21 9.57 0.80 18.49
UPS
United Parcel Service Inc
2.59 1.81% 145.36 16.03 15.92 1.44 6.98 1.63 10.04
FDX
FedEx Corporation
3.16 1.18% 270.15 17.11 15.67 0.80 2.67 1.15 9.59
DPSTF
Deutsche Post AG
0.16 0.39% 41.05 12.41 13.12 0.70 2.43 0.82 6.09
KHNGY
Kuehne & Nagel International AG ADR
1.17 2.14% 55.85 21.75 22.83 1.51 10.99 1.49 13.03

Reports Covered

Stock Research & News

Profile

Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States, Canada, and internationally. It operates through Global Ecommerce, Presort Services, and Sending Technology Solutions (SendTech Solutions) segments. The Global Ecommerce segment provides domestic parcel services, cross-border solutions, and digital delivery services. The Presort Services segment offers mail sortation services, which allow clients to qualify volumes of first-class mail, marketing mail, and bound and packet mail for postal work sharing discounts. The SendTech Solutions segment provides physical and digital mailing and shipping technology solutions and other applications for sending, tracking and receiving of letters, parcels, and flats as well as financing alternatives to finance equipment and product purchases. Pitney Bowes Inc. markets its products, solutions, and services through direct and inside sales force, global and regional partner channels, direct mailings, and digital channels. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was incorporated in 1920 and is headquartered in Stamford, Connecticut.

Pitney Bowes Inc

3001 Summer Street, Stamford, CT, United States, 06926

Key Executives

Name Title Year Born
Mr. Marc B. Lautenbach Pres, CEO & Director 1961
Ms. Ana Maria Chadwick Exec. VP & CFO 1972
Mr. Joseph Ronald Catapano Cpa VP & Chief Accounting Officer NA
Mr. Jason C. Dies Exec. VP & Pres of Sending Technology Solutions 1970
Dr. James Arthur Fairweather Exec. VP & Chief Innovation Officer 1972
Mr. Gregg S. Zegras Exec. VP & Pres of Global Ecommerce 1968
Mr. Joseph Schmitt Sr. VP & Chief Information Officer NA
Mr. Ned P. Zachar CFA VP of Investor Relations NA
Mr. Daniel J. Goldstein Exec. VP, Chief Legal Officer & Corp. Sec. 1962
Mr. William L. Hughes Chief Communications Officer 1960

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