Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 1.97B | 2.03B | 3.27B | 3.54B | 3.67B | 3.55B |
Gross Profit | 1.06B | 1.06B | 1.02B | 1.08B | 1.17B | 1.20B |
EBITDA | 187.63M | 172.25M | 230.85M | 294.23M | 312.91M | 83.01M |
Net Income | -110.45M | -203.60M | -385.63M | 36.94M | 3.51M | -180.38M |
Balance Sheet | ||||||
Total Assets | 3.24B | 3.40B | 4.27B | 4.74B | 4.96B | 5.22B |
Cash, Cash Equivalents and Short-Term Investments | 300.78M | 486.10M | 623.22M | 681.15M | 746.92M | 940.42M |
Total Debt | 2.02B | 2.05B | 2.48B | 2.52B | 2.56B | 2.78B |
Total Liabilities | 3.78B | 3.98B | 4.64B | 4.68B | 4.85B | 5.15B |
Stockholders Equity | -536.81M | -578.43M | -368.58M | 60.65M | 112.63M | 70.62M |
Cash Flow | ||||||
Free Cash Flow | 182.01M | 156.77M | -23.41M | 51.14M | 117.47M | 196.99M |
Operating Cash Flow | 243.55M | 229.17M | 79.47M | 175.98M | 301.51M | 301.97M |
Investing Cash Flow | -95.44M | -49.06M | -122.83M | -24.27M | -155.25M | -75.69M |
Financing Cash Flow | -453.14M | -305.45M | -31.27M | -198.08M | -330.37M | -235.37M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | $53.14B | 13.39 | 14.68% | 2.36% | 0.27% | -2.64% | |
72 Outperform | $16.07B | 19.32 | 39.01% | 1.25% | 23.70% | 31.33% | |
69 Neutral | $74.42B | 13.05 | 34.96% | 7.37% | 0.94% | 9.62% | |
66 Neutral | $13.88B | 26.06 | 14.33% | 1.23% | -2.24% | -5.43% | |
60 Neutral | $4.50B | 27.24 | 17.47% | 2.73% | -2.10% | -22.19% | |
60 Neutral | kr42.91B | 13.86 | 1.95% | 2.30% | -0.55% | -21.28% | |
52 Neutral | $1.97B | 20.31 | 35.20% | 2.20% | -39.89% | ― |
On August 8, 2025, Pitney Bowes completed a $230 million offering of 1.50% Convertible Senior Notes due 2030, raising approximately $221.4 million after expenses. The company used part of the proceeds for capped call transactions to mitigate stock dilution and repurchased shares, with the remainder intended for strategic investments and debt management, potentially impacting its leverage and borrowing costs.
On July 28, 2025, Pitney Bowes announced significant leadership changes, with Paul Evans appointed as EVP, Chief Financial Officer, and Treasurer, effective July 29, 2025. Concurrently, Brent Rosenthal was named Chair of the Audit Committee, and Peter Brimm was appointed as a director of the Board. These changes are expected to impact the company’s strategic direction and governance. Additionally, Pitney Bowes disclosed strong financial results for Q2 2025, with improvements in GAAP EPS, adjusted EPS, and net income year over year. The company also increased its share repurchase authorization and adjusted its full-year revenue and EPS guidance, reflecting ongoing strategic initiatives and market positioning.
On May 21, 2025, Pitney Bowes announced the appointment of Kurt Wolf as its new President and CEO, effective May 22, 2025, succeeding Lance Rosenzweig, who will transition to a consultant role. The company plans to execute a $150 million share repurchase in 2025, achieve a 3.0x adjusted leverage ratio by the end of the second quarter, and conduct a comprehensive strategic review to enhance shareholder value. The establishment of a new Executive Planning Group aims to improve connectivity and autonomy among business leaders, reinforcing Pitney Bowes’ commitment to capital allocation and strategic growth.