PBI: Pitney Bowes Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Pitney Bowes Inc (PBI).
$1.32B Market Cap.
PBI Market Cap. (MRY)
PBI Shares Outstanding (MRY)
PBI Assets (MRY)
Total Assets
$3.40B
Total Liabilities
$3.98B
Total Investments
$1.16B
PBI Income (MRY)
Revenue
$2.03B
Net Income
-$203.60M
Operating Expense
$1.00B
PBI Cash Flow (MRY)
CF Operations
$229.17M
CF Investing
-$49.06M
CF Financing
-$305.45M
PBI Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $3,397,516,000 (-20.47%) | $4,272,185,000 (-9.90%) | $4,741,355,000 (-4.39%) | $4,958,871,000 (-5.08%) |
Assets Current | $1,317,954,000 (-35.96%) | $2,058,090,000 (14.46%) | $1,798,016,000 (-4.97%) | $1,892,053,000 (-10.44%) |
Assets Non-Current | $2,079,562,000 (-6.08%) | $2,214,095,000 (-24.78%) | $2,943,339,000 (-4.03%) | $3,066,818,000 (-1.45%) |
Goodwill & Intangible Assets | $736,783,000 (-2.39%) | $754,809,000 (-34.07%) | $1,144,895,000 (-9.68%) | $1,267,545,000 (-3.40%) |
Shareholders Equity | -$578,433,000 (-56.94%) | -$368,576,000 (-707.68%) | $60,653,000 (-46.15%) | $112,632,000 (59.49%) |
Property Plant & Equipment Net | $356,601,000 (-11.77%) | $404,153,000 (-45.70%) | $744,288,000 (10.70%) | $672,364,000 (6.45%) |
Cash & Equivalents | $469,726,000 (-21.72%) | $600,054,000 (-10.44%) | $669,981,000 (-8.53%) | $732,480,000 (-20.51%) |
Accumulated Other Comprehensive Income | -$839,171,000 (1.42%) | -$851,245,000 (-1.88%) | -$835,564,000 (-7.08%) | -$780,312,000 (7.01%) |
Deferred Revenue | $70,131,000 (-8.03%) | $76,258,000 (-27.52%) | $105,207,000 (5.97%) | $99,280,000 (-13.33%) |
Total Investments | $1,162,298,000 (-6.17%) | $1,238,787,000 (2.95%) | $1,203,268,000 (3.50%) | $1,162,547,000 (-2.50%) |
Investments Current | $551,982,000 (-5.76%) | $585,702,000 (1.66%) | $576,144,000 (0.18%) | $575,120,000 (-2.03%) |
Investments Non-Current | $610,316,000 (-6.55%) | $653,085,000 (4.14%) | $627,124,000 (6.76%) | $587,427,000 (-2.95%) |
Inventory | $59,836,000 (-5.09%) | $63,048,000 (-24.69%) | $83,720,000 (6.53%) | $78,588,000 (9.94%) |
Trade & Non-Trade Receivables | $159,951,000 (-20.12%) | $200,242,000 (-41.72%) | $343,557,000 (2.67%) | $334,630,000 (-14.03%) |
Trade & Non-Trade Payables | $873,626,000 (5.33%) | $829,419,000 (-8.56%) | $907,083,000 (-1.68%) | $922,543,000 (4.76%) |
Accumulated Retained Earnings (Deficit) | $2,671,868,000 (-13.19%) | $3,077,988,000 (-39.95%) | $5,125,677,000 (-0.84%) | $5,169,270,000 (-0.69%) |
Tax Assets | $110,202,000 (79.02%) | $61,559,000 (11.11%) | $55,403,000 (-32.68%) | $82,292,000 (-12.88%) |
Tax Liabilities | $65,905,000 (-72.20%) | $237,091,000 (-17.98%) | $289,073,000 (-11.71%) | $327,397,000 (2.15%) |
Total Debt | $2,047,424,000 (-11.08%) | $2,302,482,000 (-8.76%) | $2,523,538,000 (-1.28%) | $2,556,229,000 (-8.18%) |
Debt Current | $80,162,000 (-9.74%) | $88,813,000 (4.07%) | $85,340,000 (31.22%) | $65,038,000 (-74.52%) |
Debt Non-Current | $1,967,262,000 (-11.13%) | $2,213,669,000 (-9.21%) | $2,438,198,000 (-2.13%) | $2,491,191,000 (-1.48%) |
Total Liabilities | $3,975,949,000 (-14.33%) | $4,640,761,000 (-0.85%) | $4,680,702,000 (-3.42%) | $4,846,239,000 (-5.97%) |
Liabilities Current | $1,672,727,000 (-11.89%) | $1,898,442,000 (9.88%) | $1,727,803,000 (-0.01%) | $1,727,940,000 (-7.62%) |
Liabilities Non-Current | $2,303,222,000 (-16.01%) | $2,742,319,000 (-7.13%) | $2,952,899,000 (-5.30%) | $3,118,299,000 (-5.02%) |
PBI Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,026,598,000 (-2.52%) | $2,078,925,000 (-16.27%) | $2,482,883,000 (-32.41%) | $3,673,561,000 (3.36%) |
Cost of Revenue | $964,298,000 (-8.01%) | $1,048,315,000 (-24.12%) | $1,381,471,000 (-45.86%) | $2,551,563,000 (6.11%) |
Selling General & Administrative Expense | $717,894,000 (-8.15%) | $781,609,000 (-0.50%) | $785,545,000 (-15.00%) | $924,163,000 (-4.07%) |
Research & Development Expense | $31,957,000 (8.38%) | $29,486,000 (-16.86%) | $35,464,000 (-24.18%) | $46,777,000 (21.87%) |
Operating Expenses | $1,004,533,000 (2.95%) | $975,761,000 (18.21%) | $825,454,000 (-20.05%) | $1,032,527,000 (-15.85%) |
Interest Expense | $110,094,000 (11.47%) | $98,769,000 (13.13%) | $87,306,000 (-9.89%) | $96,886,000 (-8.38%) |
Income Tax Expense | -$154,829,000 (-992.54%) | $17,347,000 (-59.62%) | $42,956,000 (493.30%) | -$10,922,000 (-253.36%) |
Net Loss Income from Discontinued Operations | $306,099,000 (-5.63%) | $324,360,000 (198.25%) | $108,756,000 (2138.70%) | $4,858,000 (148.03%) |
Consolidated Income | -$203,597,000 (47.20%) | -$385,627,000 (-1143.93%) | $36,940,000 (2834.27%) | -$1,351,000 (99.25%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$203,597,000 (47.20%) | -$385,627,000 (-1143.93%) | $36,940,000 (2834.27%) | -$1,351,000 (99.25%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$203,597,000 (47.20%) | -$385,627,000 (-1143.93%) | $36,940,000 (2834.27%) | -$1,351,000 (99.25%) |
Weighted Average Shares | $181,700,821 (3.05%) | $176,331,236 (1.34%) | $174,004,015 (-1.17%) | $176,064,604 (1.71%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | -$248,332,000 (7.86%) | -$269,511,000 (-261.19%) | $167,202,000 (97.61%) | $84,613,000 (225.35%) |
Gross Profit | $1,062,300,000 (3.07%) | $1,030,610,000 (-6.43%) | $1,101,412,000 (-1.83%) | $1,121,998,000 (-2.39%) |
Operating Income | $57,767,000 (5.32%) | $54,849,000 (-80.12%) | $275,958,000 (208.43%) | $89,471,000 (215.27%) |
PBI Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$49,056,000 (60.47%) | -$124,096,000 (-411.34%) | -$24,269,000 (84.37%) | -$155,251,000 (-105.11%) |
Net Cash Flow from Financing | -$305,455,000 (-918.12%) | -$30,002,000 (84.85%) | -$198,083,000 (40.04%) | -$330,371,000 (-40.36%) |
Net Cash Flow from Operations | $229,170,000 (186.14%) | $80,091,000 (-54.24%) | $175,039,000 (-41.95%) | $301,515,000 (-0.15%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$130,328,000 (-90.88%) | -$68,276,000 (-7.68%) | -$63,404,000 (66.45%) | -$188,970,000 (-6215.84%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $106,454,000 (746.42%) | $12,577,000 (290.33%) |
Net Cash Flow - Investment Acquisitions and Disposals | $19,763,000 (186.59%) | -$22,824,000 (62.53%) | -$60,913,000 (-477.24%) | $16,147,000 (165.96%) |
Capital Expenditure | -$72,403,000 (7.31%) | -$78,109,000 (5.47%) | -$82,629,000 (55.10%) | -$184,042,000 (-75.30%) |
Issuance (Repayment) of Debt Securities | -$247,618,000 (-271.43%) | -$66,667,000 (49.74%) | -$132,636,000 (55.93%) | -$300,997,000 (-35.74%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | -$13,446,000 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$35,956,000 (-2.10%) | -$35,215,000 (-1.43%) | -$34,718,000 (0.24%) | -$34,800,000 (-1.48%) |
Effect of Exchange Rate Changes on Cash | -$4,987,000 (-187.02%) | $5,731,000 (135.62%) | -$16,091,000 (-230.89%) | -$4,863,000 (-179.73%) |
Share Based Compensation | $16,524,000 (86.56%) | $8,857,000 (-45.70%) | $16,311,000 (-21.81%) | $20,862,000 (19.38%) |
Depreciation Amortization & Accretion | $114,485,000 (1.56%) | $112,724,000 (1.40%) | $111,166,000 (-31.74%) | $162,859,000 (1.39%) |
PBI Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 52.40% (5.65%) | 49.60% (11.71%) | 44.40% (45.57%) | 30.50% (-5.57%) |
Profit Margin | -10.00% (45.95%) | -18.50% (-1333.33%) | 1.50% (0%) | 0% (0%) |
EBITDA Margin | -6.60% (12.00%) | -7.50% (-166.96%) | 11.20% (67.16%) | 6.70% (157.69%) |
Return on Average Equity (ROAE) | 42.50% (-85.97%) | 302.90% (288.33%) | 78.00% (3491.30%) | -2.30% (99.29%) |
Return on Average Assets (ROAA) | -5.30% (39.08%) | -8.70% (-1187.50%) | 0.80% (0%) | 0% (0%) |
Return on Sales (ROS) | -12.30% (5.38%) | -13.00% (-294.03%) | 6.70% (191.30%) | 2.30% (221.05%) |
Return on Invested Capital (ROIC) | -7.90% (-2.60%) | -7.70% (-275.00%) | 4.40% (100.00%) | 2.20% (237.50%) |
Dividend Yield | 2.80% (-37.78%) | 4.50% (-15.09%) | 5.30% (76.67%) | 3.00% (-6.25%) |
Price to Earnings Ratio (P/E) | -6.41 (-220.35%) | -2 (-111.05%) | 18.09 (102.73%) | -663 (-11200.49%) |
Price to Sales Ratio (P/S) | 0.65 (73.99%) | 0.37 (40.23%) | 0.27 (-16.35%) | 0.32 (6.00%) |
Price to Book Ratio (P/B) | -2.27 (-8.03%) | -2.1 (-119.31%) | 10.9 (5.19%) | 10.36 (-31.36%) |
Debt to Equity Ratio (D/E) | -6.87 (45.41%) | -12.59 (-116.32%) | 77.17 (79.36%) | 43.03 (-41.04%) |
Earnings Per Share (EPS) | -1.13 (48.64%) | -2.2 (-1147.62%) | 0.21 (2200.00%) | -0.01 (99.05%) |
Sales Per Share (SPS) | 11.15 (-5.40%) | 11.79 (-17.37%) | 14.27 (-31.61%) | 20.86 (1.63%) |
Free Cash Flow Per Share (FCFPS) | 0.86 (7745.45%) | 0.01 (-97.93%) | 0.53 (-20.39%) | 0.67 (-41.39%) |
Book Value Per Share (BVPS) | -3.18 (-52.30%) | -2.09 (-698.85%) | 0.35 (-45.47%) | 0.64 (56.86%) |
Tangible Assets Book Value Per Share (TABVPS) | 14.64 (-26.59%) | 19.95 (-3.49%) | 20.67 (-1.42%) | 20.97 (-7.23%) |
Enterprise Value Over EBIT (EV/EBIT) | -12 (-20.00%) | -10 (-166.67%) | 15 (-58.33%) | 36 (178.26%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -22.49 (-29.89%) | -17.31 (-287.76%) | 9.22 (-24.24%) | 12.17 (-63.36%) |
Asset Turnover | 0.53 (12.95%) | 0.47 (-10.80%) | 0.53 (-28.65%) | 0.74 (5.56%) |
Current Ratio | 0.79 (-27.31%) | 1.08 (4.13%) | 1.04 (-4.93%) | 1.09 (-3.01%) |
Dividends | $0.2 (0.00%) | $0.2 (0.00%) | $0.2 (0.00%) | $0.2 (0.00%) |
Free Cash Flow (FCF) | $156,767,000 (7809.54%) | $1,982,000 (-97.86%) | $92,410,000 (-21.34%) | $117,473,000 (-40.36%) |
Enterprise Value (EV) | $3,009,769,944 (10.88%) | $2,714,479,438 (5.75%) | $2,566,816,257 (-14.79%) | $3,012,251,325 (-2.62%) |
Earnings Before Tax (EBT) | -$358,426,000 (2.68%) | -$368,280,000 (-560.95%) | $79,896,000 (750.99%) | -$12,273,000 (92.92%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$133,847,000 (14.63%) | -$156,787,000 (-156.32%) | $278,368,000 (12.48%) | $247,472,000 (165.74%) |
Invested Capital | $2,565,704,000 (-22.75%) | $3,321,362,000 (-10.77%) | $3,722,214,000 (-1.71%) | $3,787,135,000 (-3.00%) |
Working Capital | -$354,773,000 (-322.22%) | $159,648,000 (127.38%) | $70,213,000 (-57.22%) | $164,113,000 (-32.21%) |
Tangible Asset Value | $2,660,733,000 (-24.35%) | $3,517,376,000 (-2.20%) | $3,596,460,000 (-2.57%) | $3,691,326,000 (-5.65%) |
Market Capitalization | $1,315,513,944 (69.56%) | $775,857,438 (17.34%) | $661,215,257 (-43.36%) | $1,167,308,325 (9.47%) |
Average Equity | -$479,389,000 (-276.58%) | -$127,302,000 (-368.83%) | $47,353,250 (-18.99%) | $58,457,000 (4.50%) |
Average Assets | $3,806,670,250 (-13.73%) | $4,412,275,500 (-6.12%) | $4,699,789,750 (-5.38%) | $4,966,990,250 (-2.02%) |
Invested Capital Average | $3,146,103,250 (-10.44%) | $3,512,707,500 (-6.65%) | $3,762,752,250 (-3.10%) | $3,883,311,000 (-6.44%) |
Shares | 181,700,821 (3.05%) | 176,331,236 (1.34%) | 174,004,015 (-1.17%) | 176,064,604 (1.71%) |
