Pitney Bowes is a provider of shipping and mailing products, location intelligence, customer engagement and eCommerce solutions. The Company operates through three business segments: the SMB Solutions group, the Enterprise Business Solutions group, and the Digital Commerce Solutions segment. The SMB Solutions group offers mailing equipment, and financing services and supplies for small and medium businesses. The Enterprise Business Solutions group provides mailing equipment and services for large enterprise clients to process mail, including sortation services. The Digital Commerce Solutions segment leverages digital and mobile channels that make the Company’s clients’ customer-facing functions more effective. This segment includes software, e-commerce, shipping, and marketing services.

Employee Rating

3.1More
TypePublic
HQStamford, US
Founded1920
Size (employees)14,700 (est)
Websitepitneybowes.com
Pitney Bowes was founded in 1920 and is headquartered in Stamford, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Pitney Bowes Office Locations

Pitney Bowes has offices in Stamford, Sollentuna Municipality, Bielsko-Biała, Grorud and in 34 other locations
Stamford, (HQ)
3001 Summer St
Ann Arbor,
24 Frank Lloyd Wright Drive Lobby H Suite 1700 P.O. Box 556
Austin,
1825B Kramer Lane Suite 100
Boston,
125 Summer Street 16th Floor
Boulder,
200 4750 Walnut St
Lanham,
600 4200 Parliament Pl
Show all (38)
Report incorrect company information

Pitney Bowes Financials and Metrics

Pitney Bowes Revenue

Pitney Bowes's revenue was reported to be $3.55 b in FY, 2017 which is a 4.2% increase from the previous period.
USD

Revenue (Q3, 2018)

832.9m

Net income (Q3, 2018)

77.0m

Market capitalization (4-Dec-2018)

1.4b

Closing stock price (4-Dec-2018)

7.6

Cash (30-Sep-2018)

759.2m

EV

3.9b
Pitney Bowes's current market capitalization is $1.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.9b3.8b3.6b3.4b3.5b

Revenue growth, %

(1%)(6%)(5%)4%

Cost of goods sold

1.7b

Gross profit

1.8b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

938.8m937.5m958.5m941.6m890.7m880.9m869.5m844.6m835.9m839.0m836.6m821.4m842.8m1.7b832.9m

General and administrative expense

355.2m351.4m338.4m341.7m314.5m315.6m309.2m326.9m288.6m301.0m306.3m297.5m304.4m312.1m577.9m269.4m

R&D expense

24.8m26.2m28.6m26.1m26.0m28.5m29.2m26.6m34.5m28.7m31.9m33.0m32.1m32.8m61.4m32.8m

Operating expense total

846.1m883.0m820.0m800.1m755.1m671.4m733.0m744.9m742.6m745.4m740.1m767.5m767.9m910.1m1.6b787.7m
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

907.8m650.6m764.5m1.0b

Accounts Receivable

457.3m455.5m524.4m

Inventories

103.6m88.8m92.7m89.7m

Current Assets

2.8b2.3b2.3b2.6b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

759.6m903.3m1.0b923.7m871.7m754.2m716.0m613.0m676.0m992.1m739.6m840.6m1.7b719.9m689.9m759.2m

Accounts Receivable

430.2m409.5m399.1m379.6m400.0m399.1m383.8m431.6m427.6m390.0m389.3m408.9m488.0m408.7m378.0m

Inventories

134.3m101.0m101.3m94.9m95.0m101.1m103.2m100.4m111.0m108.8m115.6m121.5m118.3m96.2m49.1m48.2m

Current Assets

3.2b2.8b2.8b2.7b2.5b2.4b2.3b2.2b2.3b2.5b2.2b2.5b3.2b2.3b2.5b2.2b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

426.3m111.9m261.3m

Depreciation and Amortization

173.3m178.5m182.3m

Inventories

5.6m

Accounts Payable

(14.1m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

49.3m98.9m136.9m85.2m241.6m335.4m62.6m120.8m190.9m65.1m114.0m171.4m53.5m101.7m178.7m

Depreciation and Amortization

167.4m85.2m127.5m44.3m89.5m140.2m44.3m88.2m132.0m50.8m101.9m152.2m

Inventories

(17.4m)103.2m(11.5m)(22.6m)(20.5m)(22.2m)(26.8m)(22.8m)(3.8m)(6.7m)(6.2m)

Accounts Payable

(192.4m)
USDY, 2018

EV/CFO

13.6 x

EV/FCF

26.3 x

Debt/Equity

13 x

Debt/Assets

0.6 x

Financial Leverage

23.5 x
Show all financial metrics

Pitney Bowes Operating Metrics

FY, 2016

Countries

220
Show all operating metrics

Pitney Bowes Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
NewgisticsSeptember 06, 2017

Pitney Bowes Revenue Breakdown

Embed Graph

Pitney Bowes revenue breakdown by business segment: 25.5% from Digital Commerce Solutions, 25.5% from Enterprise Business Solutions and 49.0% from Small & Medium Business Solutions

Pitney Bowes revenue breakdown by geographic segment: 22.9% from Outside United States and 77.1% from United States

Report incorrect company information

Pitney Bowes Online and Social Media Presence

Embed Graph
Report incorrect company information

Pitney Bowes News and Updates

Global Location-Based Services (LBS) Market Global Market Overall Study Report 2018-2023 | Ericsson, Syniverse, Ekahau, Galigeo, Masternaut, Pitney Bowes, Tomtom International

Portraying the humble chain of command in the worldwide Location-Based Services (LBS) showcase, the report profiles few of the key players working in the market. Posted via Industry Today. Follow us on Twitter @IndustryToday

RCG Global Services, Pitney Bowes and TAG Announce Financial Services Hackathon Winners

ISELIN, N.J., Nov. 16, 2018 /PRNewswire/ -- RCG Global Services today announced the winners of the 2018 FinServ/FinTech Hackathon, a week-long event attracting over 100 participants in the Atlanta area. RCG Global Services partnered with Pitney Bowes and the Technology Association of...

GIS 2018 Global Market SWOT Analysis and Opportunities To 2022 | Key Players : Autodesk, ESRI, HEXAGON, Maxar Technologies, Pitney Bowes

WiseGuyReports.Com Publish a New Market Research Report On –“ GIS 2018 Global Market SWOT Analysis and Opportunities To 2022 | Key Players : Autodesk, ESRI, HEXAGON, Maxar Technologies, Pitney Bowes”. Posted via Industry Today. Follow us on Twitter @IndustryToday

From meter machines to Commerce Cloud, Pitney Bowes transforms in the virtual economy

Pitney Bowes Inc. ruled the mailroom back when information sharing required an envelope and a trip through the postal service, but its signature metering machines are now gathering dust as marketing, mail and commerce take place on virtual platforms. Determined not to join its postage meters as a r…
Show more
Report incorrect company information

Pitney Bowes Company Life and Culture

Report incorrect company information

Pitney Bowes Frequently Asked Questions

  • When was Pitney Bowes founded?

    Pitney Bowes was founded in 1920.

  • How many employees does Pitney Bowes have?

    Pitney Bowes has 14,700 employees.

  • What is Pitney Bowes revenue?

    Latest Pitney Bowes annual revenue is $3.5 b.

  • What is Pitney Bowes revenue per employee?

    Latest Pitney Bowes revenue per employee is $241.5 k.

  • Who are Pitney Bowes competitors?

    Competitors of Pitney Bowes include Neopost, Temando and Maude.

  • Where is Pitney Bowes headquarters?

    Pitney Bowes headquarters is located at 3001 Summer St, Stamford.

  • Where are Pitney Bowes offices?

    Pitney Bowes has offices in Stamford, Sollentuna Municipality, Bielsko-Biała, Grorud and in 34 other locations.

  • How many offices does Pitney Bowes have?

    Pitney Bowes has 38 offices.