Pitney Bowes is a global technology company offering innovative products and solutions that enable commerce in the areas of customer information management, location intelligence, customer engagement, shipping and mailing, and global e-commerce. 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 to efficiently create mail and evidence postage.
The Enterprise Business Solutions group provides mailing equipment and services for large enterprise clients to process mail, including sortation services to qualify large mail volumes for postal work sharing discounts.
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.
Pitney Bowes Office Locations
Pitney Bowes Data and Metrics
Pitney Bowes Financial Metrics
Revenue (Q1, 2017) | 836.6 m |
Net income (Q1, 2017) | 65.1 m |
Market capitalization (21-Jul-2017) | 2.9 b |
Cash (31-Mar-2017) | 739.6 m |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 3.9 b | 3.8 b | 3.6 b | 3.4 b |
Revenue growth, % | (1%) | (6%) | (5%) | |
Gross profit Margin, % | 56% | 56% | ||
R&D expense | 121.3 m | |||
General and administrative expense | 1.2 b | |||
Operating expense total | 3.5 b | 3.4 b | 3 b | 3.2 b |
EBIT | 403.2 m | 431.2 m | 610.8 m | 246.4 m |
EBIT margin, % | 10% | 11% | 17% | 7% |
Interest expense | 109.3 m | 90.9 m | 87.6 m | 89 m |
Pre tax profit | 403.2 m | 431.2 m | 610.8 m | 246.4 m |
Income tax expense | 83.1 m | 112.8 m | 189.8 m | 131.8 m |
Net Income | 161.2 m | 352.1 m | 426.3 m | 111.9 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 958.5 m | 941.6 m | 890.7 m | 880.9 m | 869.5 m | 844.6 m | 835.9 m | 839 m | 836.6 m |
R&D expense | 28.6 m | 26.1 m | 26 m | 28.5 m | 29.2 m | 26.6 m | 34.5 m | 28.7 m | 31.9 m |
General and administrative expense | 338.4 m | 341.7 m | 314.5 m | 315.6 m | 309.2 m | 326.9 m | 288.6 m | 301 m | 306.3 m |
Operating expense total | 367 m | 367.8 m | 340.6 m | 344.1 m | 338.4 m | 353.5 m | 323.1 m | 329.7 m | 338.2 m |
Interest expense | 21.5 m | 22.2 m | 24.1 m | 21 m | 20.2 m | 19.3 m | 20.8 m | 22.3 m | 25.7 m |
Pre tax profit | 138.5 m | 141.5 m | 135.6 m | 209.5 m | 136.6 m | 99.7 m | 93.2 m | 93.6 m | 96.5 m |
Income tax expense | 46.3 m | 25.3 m | 50.5 m | 52.4 m | 42.7 m | 37 m | 33.4 m | 23.2 m | 31.4 m |
Net Income | 98.9 m | 136.9 m | 85.2 m | 156.4 m | 93.9 m | 62.6 m | 58.2 m | 70.1 m | 65.1 m |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 907.8 m | 650.6 m | 764.5 m |
Accounts Receivable | 457.3 m | 455.5 m | |
Inventories | 103.6 m | 88.8 m | 92.7 m |
Current Assets | 2.8 b | 2.3 b | 2.3 b |
PP&E | 245.2 m | 330.1 m | 314.6 m |
Goodwill | 1.7 b | 1.7 b | 1.6 b |
Total Assets | 6.8 b | 6.1 b | 5.8 b |
Accounts Payable | 1.4 b | ||
Total Debt | 2.8 b | ||
Current Liabilities | 2.2 b | 2.3 b | 2.3 b |
Total Liabilities | 5.9 b | ||
Additional Paid-in Capital | 197 m | 161.3 m | 148.1 m |
Retained Earnings | 4.7 b | 5.2 b | 5.1 b |
Debt to Assets Ratio | 0.5 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 1 b | 923.7 m | 871.7 m | 754.2 m | 716 m | 613 m | 676 m | 992.1 m | 739.6 m |
Accounts Receivable | 409.5 m | 399.1 m | 379.6 m | 400 m | 399.1 m | 383.8 m | 431.6 m | 427.6 m | 390 m |
Inventories | 101.3 m | 94.9 m | 95 m | 101.1 m | 103.2 m | 100.4 m | 111 m | 108.8 m | 115.6 m |
Current Assets | 2.8 b | 2.7 b | 2.5 b | 2.4 b | 2.3 b | 2.2 b | 2.3 b | 2.5 b | 2.2 b |
PP&E | 242.7 m | 266.5 m | 288.7 m | 305 m | 317 m | 335.8 m | 309.5 m | 312.6 m | 319.9 m |
Goodwill | 1.7 b | 1.7 b | 1.6 b | 1.7 b | 1.8 b | 1.8 b | 1.8 b | 1.8 b | 1.6 b |
Total Assets | 6.6 b | 6.4 b | 6.1 b | 6.3 b | 6.1 b | 6 b | 6 b | 6.3 b | 5.7 b |
Accounts Payable | 1.5 b | 1.4 b | 1.4 b | 1.4 b | 1.4 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b |
Current Liabilities | 2.4 b | 2.3 b | 2.4 b | 2.4 b | 2.3 b | 2 b | 2.1 b | 2.2 b | 2.4 b |
Additional Paid-in Capital | 172.6 m | 174.8 m | 152.9 m | 155.4 m | 156.2 m | 145.8 m | 148.2 m | 150 m | 126.6 m |
Retained Earnings | 4.8 b | 4.9 b | 4.9 b | 5.1 b | 5.1 b | 5.2 b | 5.2 b | 5.2 b | 5.1 b |
Total Equity | 191.4 m | 142 m | |||||||
Financial Leverage | 32.7 x | 43.2 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 426.3 m | 111.9 m | ||
Depreciation and Amortization | 173.3 m | 178.5 m | ||
Accounts Receivable | 44 m | |||
Cash From Operating Activities | (5.5 m) | 171.3 m | 514.6 m | 490.7 m |
Capital Expenditures | (166.3 m) | (160.8 m) | ||
Cash From Investing Activities | (303.1 m) | (115.6 m) | ||
Cash From Financing Activities | (570.7 m) | (224.1 m) | ||
Free Cash Flow | 681 m | 329.9 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 98.9 m | 136.9 m | 85.2 m | 156.4 m | 93.9 m | 62.6 m | 58.2 m | 70.1 m | 65.1 m |
Accounts Receivable | 400 m | 399.1 m | 383.8 m | 431.6 m | 427.6 m | 390 m | |||
Inventories | 101.1 m | 103.2 m | 100.4 m | 111 m | 108.8 m | 115.6 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 58.9 k |
