Pitney Bowes

OverviewSuggest Edit

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.

TypePublic
Founded1920
HQStamford, USMap
Websitepitneybowes.com
Employee Ratings3.1More
View Jobs (346)

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2019)13,300(-9%)
Job Openings346
Revenue (FY, 2018)$3.5 B
Share Price (Mar 2019)$7 (+2%)

Key People/Management at Pitney Bowes

Marc Lautenbach

Marc Lautenbach

President and CEO
Stanley Sutula

Stanley Sutula

EVP and CFO
Michael Monahan

Michael Monahan

EVP and COO
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Pitney Bowes Office Locations

Pitney Bowes has offices in Stamford, Lanham, Boulder, Boston and in 34 other locations
Stamford, US (HQ)
3001 Summer St
Ann Arbor, US
24 Frank Lloyd Wright Dr Lobby H Suite 1700
Austin, US
1825 Kramer Ln #100
Boston, US
125 Summer St 16th Floor
Boulder, US
4750 Walnut St #200
Lanham, US
4200 Parliament Pl #600
Show all (38)
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Pitney Bowes Financials and Metrics

Pitney Bowes Revenue

Pitney Bowes's revenue was reported to be $3.52 b in FY, 2018
USD

Revenue (FY, 2018)

3.5b

Net income (FY, 2018)

223.7m

Market capitalization (13-Mar-2019)

1.3b

Closing stock price (13-Mar-2019)

7.0

Cash (31-Dec-2018)

867.3m

EV

3.7b
Pitney Bowes's current market capitalization is $1.3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

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
show all
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

907.8m650.6m764.5m1.0b867.3m

Accounts Receivable

457.3m455.5m524.4m455.8m

Inventories

103.6m88.8m92.7m89.7m42.0m

Current Assets

2.8b2.3b2.3b2.6b2.3b
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
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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)
show all
USDY, 2018

EV/CFO

12.8 x

EV/FCF

24.7 x

Revenue/Employee

239.6k

Financial Leverage

24.9 x
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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

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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

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Competitors

Neopost
Automotive & Transportation - Public
Temando
Retail - Private
Maude
Retail - Private
BigBuy
Retail - Private
Avery Dennison
Manufacturing & Industrial - Public
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Pitney Bowes Online and Social Media Presence

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Pitney Bowes News and Updates

February 05, 2019

Pitney Bowes cuts quarterly dividend and lowers full-year guidance

Pitney Bowes Inc. said Tuesday it had net income of $44.9 million, or 24 cents a share, in the fourth quarter, down from $89.9 million, or 48 cents a share, in the year-earlier period. Adjusted per-share earnings came to 38 cents, matching the FactSet consensus. The maker of postal meters and offic…
January 09, 2019

Automotive Geospatial Analytics Market 2019: Global Analysis by Key Players – IBM, Google, Pitney Bowes, SAP, Oracle

Wiseguyreports.Com Publish New Market Research Report On -“Automotive Geospatial Analytics Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2019 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday
December 08, 2018

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
November 16, 2018

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...
October 01, 2018

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
September 18, 2018

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…
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 Pitney Bowes Frequently Asked Questions

  • When was Pitney Bowes founded?

    Pitney Bowes was founded in 1920.

  • Who are Pitney Bowes key executives?

    Pitney Bowes's key executives are Marc Lautenbach, Stanley Sutula and Michael Monahan.

  • How many employees does Pitney Bowes have?

    Pitney Bowes has 13,300 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 $264.8 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, Lanham, Boulder, Boston and in 34 other locations.

  • How many offices does Pitney Bowes have?

    Pitney Bowes has 38 offices.