Pitney Bowes Financials

836.6 M

Revenue Q1, 2017

2.6 B

Mkt cap, 16-Oct-2017
Net income (Q1, 2017)65.1 M
Cash, 31-Mar-2017739.6 M

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.9 b3.8 b3.6 b3.4 b

Revenue growth, %

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

R&D expense

121.3 m

General and administrative expense

1.2 b

Operating expense total

1.3 b

EBIT

403.2 m431.2 m610.8 m246.4 m

EBIT margin, %

10%11%17%7%

Interest expense

109.3 m90.9 m87.6 m89 m

Pre tax profit

403.2 m431.2 m610.8 m246.4 m

Income tax expense

83.1 m112.8 m189.8 m131.8 m

Net Income

161.2 m352.1 m426.3 m111.9 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

958.5 m941.6 m890.7 m880.9 m869.5 m844.6 m835.9 m839 m836.6 m

R&D expense

28.6 m26.1 m26 m28.5 m29.2 m26.6 m34.5 m28.7 m31.9 m

General and administrative expense

338.4 m341.7 m314.5 m315.6 m309.2 m326.9 m288.6 m301 m306.3 m

Operating expense total

367 m367.8 m340.6 m344.1 m338.4 m353.5 m323.1 m329.7 m338.2 m

Interest expense

21.5 m22.2 m24.1 m21 m20.2 m19.3 m20.8 m22.3 m25.7 m

Pre tax profit

138.5 m141.5 m135.6 m209.5 m136.6 m99.7 m93.2 m93.6 m96.5 m

Income tax expense

46.3 m25.3 m50.5 m52.4 m42.7 m37 m33.4 m23.2 m31.4 m

Net Income

98.9 m136.9 m85.2 m156.4 m93.9 m62.6 m58.2 m70.1 m65.1 m

Balance Sheet

Annual

USDFY, 2013FY, 2015FY, 2016

Cash

907.8 m650.6 m764.5 m

Accounts Receivable

457.3 m455.5 m

Inventories

103.6 m88.8 m92.7 m

Current Assets

2.8 b2.3 b2.3 b

PP&E

245.2 m330.1 m314.6 m

Goodwill

1.7 b1.7 b1.6 b

Total Assets

6.8 b6.1 b5.8 b

Accounts Payable

1.4 b

Current Liabilities

2.2 b2.3 b2.3 b

Long-term debt

3.3 b2.5 b2.8 b

Total Debt

2.8 b

Total Liabilities

5.9 b

Additional Paid-in Capital

197 m161.3 m148.1 m

Retained Earnings

4.7 b5.2 b5.1 b

Debt to Assets Ratio

0.5 x

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

1 b923.7 m871.7 m754.2 m716 m613 m676 m992.1 m739.6 m

Accounts Receivable

409.5 m399.1 m379.6 m400 m399.1 m383.8 m431.6 m427.6 m390 m

Inventories

101.3 m94.9 m95 m101.1 m103.2 m100.4 m111 m108.8 m115.6 m

Current Assets

2.8 b2.7 b2.5 b2.4 b2.3 b2.2 b2.3 b2.5 b2.2 b

PP&E

242.7 m266.5 m288.7 m305 m317 m335.8 m309.5 m312.6 m319.9 m

Goodwill

1.7 b1.7 b1.6 b1.7 b1.8 b1.8 b1.8 b1.8 b1.6 b

Total Assets

6.6 b6.4 b6.1 b6.3 b6.1 b6 b6 b6.3 b5.7 b

Accounts Payable

1.5 b1.4 b1.4 b1.4 b1.4 b1.3 b1.3 b1.3 b1.3 b

Short-term debt

274.9 m274.9 m520.9 m521.1 m521.1 m269.7 m470.1 m535.3 m785.3 m

Current Liabilities

2.4 b2.3 b2.4 b2.4 b2.3 b2 b2.1 b2.2 b2.4 b

Long-term debt

3 b3 b2.6 b2.5 b2.5 b2.8 b2.6 b2.8 b2.5 b

Additional Paid-in Capital

172.6 m174.8 m152.9 m155.4 m156.2 m145.8 m148.2 m150 m126.6 m

Retained Earnings

4.8 b4.9 b4.9 b5.1 b5.1 b5.2 b5.2 b5.2 b5.1 b

Total Equity

191.4 m142 m

Financial Leverage

32.7 x43.2 x

Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

426.3 m111.9 m

Depreciation and Amortization

173.3 m178.5 m

Accounts Receivable

44 m

Cash From Operating Activities

(5.5 m)171.3 m514.6 m490.7 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 m329.9 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

98.9 m136.9 m85.2 m156.4 m93.9 m62.6 m58.2 m70.1 m65.1 m

Accounts Receivable

400 m399.1 m383.8 m431.6 m427.6 m390 m

Inventories

101.1 m103.2 m100.4 m111 m108.8 m115.6 m

Ratios

USDY, 2017

Revenue/Employee

58.9 k

Operating Metrics

FY, 2016

Countries

220