Stocks · Industrials · Integrated Freight & Logistics
Pitney Bowes Inc. PBI
$16.81 +0.30% Close, Oct 5, 2026 · NYSE · Market cap $2.30B
High qualityStrong trendInexpensive vs sector
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $1.19, up 98.3% year over year.
- The diluted share count fell 23.2% in a year, mainly through buybacks.
- The shares trade at 14.1× trailing earnings, lower than 93% of the company's own readings over the past five years.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 11%
- EPS growth (TTM, YoY)Top 13%
- FCF growth (TTM, YoY)Top 12%
- Revenue growth, 3-year CAGRBottom 3%
- Revenue growth accelerationBottom 42%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 8%
- Gross marginTop 8%
- Operating marginTop 7%
- Cash conversion (OCF / net income)Top 18%
- Accruals (lower is better)Top 18%
- Net debt / EBITDA (lower is better)Bottom 21%
- Interest coverTop 49%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 6%
- Free-cash-flow yieldTop 2%
- EBITDA / enterprise valueTop 14%
- Sales / enterprise valueBottom 48%
- P/E vs own 5-year history (lower is better)Top 14%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 16%
- 6-month returnTop 11%
- 1-year return vs S&P 500Top 19%
- Distance from 52-week highTop 20%
- Trend checklist (0–4)Top 27%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 36%
- Consecutive EPS beatsBottom 39%
- Share of analysts rating BuyBottom 16%
- Upside to consensus price targetBottom 11%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 11%
- Maximum drawdown, 3 yearsTop 12%
- Beta vs S&P 500 (lower is better)Bottom 48%
- Net debt / EBITDA (lower is better)Bottom 21%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -6.1% | -5.3% | ↑ |
| EPS growth (YoY) | 244.8% | 98.3% | ↓ |
| Gross margin | 53.6% | 54.1% | ↑ |
| Operating margin | 17.8% | 23.0% | ↑ |
| FCF margin | 8.7% | 22.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -5.3% | -6.1% | ↑ | Bottom 11% |
| EPS growth (TTM, YoY) | 98.3% | 244.8% | ↓ | Top 13% |
| Gross margin | 54.1% | 53.6% | ↑ | Top 8% |
| Operating margin | 23.0% | 17.8% | ↑ | Top 7% |
| Net margin | 10.0% | 5.2% | ↑ | — |
| Free-cash-flow margin | 22.6% | 8.7% | ↑ | — |
| Return on invested capital | 19.2% | — | Top 8% | |
| Revenue growth, 3-year CAGR | -18.8% | — | Bottom 3% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.63×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -10.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.8%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -1.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.08×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 4.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.37%
- Net buyback yield (TTM)
- 19.16%
- Shareholder yield
- 21.52%
- Share count change, 1 year
- -23.2%
- Share count change, 3-year CAGR
- -7.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +10.9%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $17.65
- Target vs current price
- +5.0%
- Analysts with a rating
- 9
- Share rating Buy or Strong Buy
- 33%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +28.4% | -1.0% | +3.1% | -4.2% | — |
| May 5, 2026 | +0.0% | +1.8% | +4.2% | +9.6% | +18.9% |
| Feb 17, 2026 | +18.4% | -0.1% | +1.3% | +0.8% | +49.4% |
| Oct 29, 2025 | -3.1% | -4.9% | -18.7% | -16.0% | -12.7% |
| Jul 30, 2025 | +0.0% | -1.6% | -3.4% | +5.8% | -0.3% |
| May 7, 2025 | +17.9% | -1.1% | +5.6% | +11.8% | +24.3% |
| Feb 11, 2025 | +100.0% | -0.9% | +20.7% | +3.6% | +1.5% |
| Nov 7, 2024 | +61.5% | +2.3% | -4.8% | -1.1% | +12.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $0.43 | $0.34 | +28.4% | $451.5M |
| May 5, 2026 | $0.47 | $0.47 | +0.0% | $477.0M |
| Feb 17, 2026 | $0.45 | $0.38 | +18.4% | $477.6M |
| Oct 29, 2025 | $0.31 | $0.32 | -3.1% | $459.7M |
| Jul 30, 2025 | $0.27 | $0.27 | +0.0% | $461.9M |
| May 7, 2025 | $0.33 | $0.28 | +17.9% | $493.4M |
| Feb 11, 2025 | $0.32 | $0.16 | +100.0% | $516.1M |
| Nov 7, 2024 | $0.21 | $0.13 | +61.5% | $499.5M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 14.1× | 19.9× | 7th | Top 6% |
| P/E (forward) | 10.0× | — | — | — |
| EV / EBITDA | 9.0× | — | — | Top 14% |
| EV / Sales | 2.24× | — | — | Bottom 48% |
| Free-cash-flow yield | 18.34% | — | — | Top 2% |
| Earnings yield | 7.08% | — | — | Top 6% |
P/E over the past five years
Range 13.0× – 123.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +49.2%
- Earnings per share growth (TTM)
- +98.3%
- Change in P/E multiple
- -19.5%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 134
- 50-day average slope (20 days)
- -2.4%
- 200-day average slope (20 days)
- +5.1%
- Distance from 50-day average
- -1.2%
- Distance from 200-day average
- +18.0%
- RSI (14)
- 50.5
- Relative volume
- 0.81×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 24.9%
- Volatility vs own 5-year history
- 0th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.07
- Correlation with S&P 500
- 0.39
- Current drawdown from 1-year high
- -9.2%
- Maximum drawdown, 3 years
- -29.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 26, 2021 | Sep 30, 2022 | -82.9% | 424 days | 890 days (Apr 21, 2026) |
| Oct 27, 2020 | Nov 2, 2020 | -32.5% | 4 days | 50 days (Jan 14, 2021) |
| Jul 20, 2026 | Aug 17, 2026 | -13.5% | 20 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.30B
- P/E (TTM)
- 14.1
- EPS, diluted (TTM)
- $1.19
- Revenue (TTM)
- $1.87B
- Dividend yield
- 2.26%
- 52-week range
- $8.95 – $19.07
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.67B | $3.54B | $2.08B | $2.03B | $1.89B |
| Gross profit | $1.12B | $1.08B | $1.03B | $1.06B | $1.02B |
| Operating income | $155.4M | $159.3M | $223.5M | $312.4M | $387.0M |
| Net income | $3.5M | $36.9M | -$385.6M | $10.2M | $144.7M |
| EPS (diluted) | $0.02 | $0.21 | -$2.20 | $0.06 | $0.84 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $499.5M | $516.1M | $493.4M | $461.9M | $459.7M | $477.6M | $477.4M | $451.5M |
| Net income | $80.4M | -$42.4M | $35.4M | $30.0M | $52.0M | $27.3M | $58.1M | $49.9M |
| EPS (diluted) | $0.44 | -$0.20 | $0.19 | $0.17 | $0.29 | $0.17 | $0.37 | $0.36 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $301.5M | $176.0M | $79.5M | $229.2M | $366.0M |
| Capital expenditure | -$184.0M | -$124.8M | -$102.9M | -$72.4M | -$66.3M |
| Free cash flow | $117.5M | $51.1M | -$23.4M | $156.8M | $299.7M |
| Dividends paid | -$34.8M | -$34.7M | -$35.2M | -$36.0M | -$51.1M |
| Net share buybacks | $0 | -$13.4M | $0 | $0 | -$378.4M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $278.8M
- Total assets
- $3.02B
- Total liabilities
- $3.88B
- Total debt
- $2.16B
- Net debt
- $1.89B
- Shareholders’ equity
- -$863.3M
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 10, 2026 | $0.10 | Sep 8, 2026 |
| May 18, 2026 | $0.10 | Jun 5, 2026 |
| Feb 27, 2026 | $0.09 | Mar 30, 2026 |
| Nov 10, 2025 | $0.09 | Dec 8, 2025 |
| Aug 11, 2025 | $0.08 | Sep 8, 2025 |
| May 19, 2025 | $0.07 | Jun 6, 2025 |
| Feb 21, 2025 | $0.06 | Mar 24, 2025 |
| Nov 18, 2024 | $0.05 | Dec 6, 2024 |
Short interest
- Shares sold short
- 18,382,819
- Days to cover
- 10.99
- Change vs previous report
- +10.8%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jan 20, 1998
- 2-for-1
- Jun 3, 1992
- 2-for-1
- Nov 14, 1986
- 2-for-1
- May 24, 1983
- 2-for-1