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PBIPitney Bowes Inc.
$17.50$2.6B
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Pitney Bowes Inc. (PBI) Quarterly Financial Ratios

Last 48 quarters of trend data · Industrials · Integrated Freight & Logistics

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Pitney Bowes Inc.'s quarterly P/E stands at 7.5x, down 37.3% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has expanded 73.3% YoY to 11.5x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →20.837.4715.549.8416.0411.91———————
—-37.3%———————————
P/S Ratio1.380.910.871.121.070.840.640.660.460.370.370.260.20
—+8.9%+36.2%+71.2%+130.6%+127.7%+73.7%+148.2%+131.4%+80.6%+98.0%+113.0%+9.0%
P/B Ratio—————————————
—————————————
P/FCF8.7315.371.9510.115.04—2.94—3.16—2.835.49—
——-33.7%—+59.1%—+4.1%———+133.1%——
EV / EBITDA9.1311.516.197.999.096.644.8811.028.956.347.587.7811.16
—+73.3%+26.7%-27.4%+1.5%+4.8%-35.5%+41.7%-19.8%-51.4%+74.7%-39.3%-14.3%
EV / EBIT11.76—13.9510.5314.4611.86——30.748.76—11.83—
————-53.0%+35.4%———-85.1%—-32.0%—

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Pitney Bowes Inc.'s operating margin was 16.9% in Q1 2026, down 7.9 pp QoQ and down 3.1 pp YoY. The trailing four-quarter average of 19.6% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 4.7% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin54.1%57.1%55.1%53.1%53.6%54.5%53.8%52.4%51.1%52.3%50.9%50.7%31.4%
—+4.7%+2.4%+1.5%+4.8%+4.2%+5.7%+3.3%+62.8%+66.0%+68.6%+68.2%+4.7%
Operating Margin20.4%16.9%24.8%21.0%15.9%20.0%23.2%12.8%10.3%15.0%11.6%15.2%2.2%
—-15.5%+6.8%+64.4%+54.3%+32.8%+99.4%-15.9%+371.3%+946.2%-3.8%+1746.8%+237.1%
Net Margin7.6%12.2%5.7%11.3%6.5%7.2%-8.2%16.1%-5.1%-0.6%-42.5%-2.5%-18.2%
—+69.6%+169.7%-29.8%+227.8%+1397.0%+80.7%+746.6%+72.1%+40.3%-6236.6%-476.8%-3763.9%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE—————————————
—————————————
ROA4.4%1.8%0.9%1.6%0.9%1.1%-1.2%2.1%-0.6%-0.1%-5.1%-0.3%-3.2%
—+73.2%+170.7%-23.1%+251.5%+1642.2%+76.6%+835.2%+80.8%+58.7%-3916.7%-339.0%-3551.2%
ROIC27.2%5.5%7.5%5.9%4.6%6.8%8.3%3.6%2.5%3.8%2.7%3.1%0.6%
—-19.2%-9.5%+65.0%+86.1%+80.2%+209.3%+16.3%+282.9%+747.7%-36.6%+1076.0%+203.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Pitney Bowes Inc.'s Debt/EBITDA ratio is 28.2x, up from 15.3x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 22.0% YoY to 0.62x, tightening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity—————————————
—————————————
Debt / EBITDA4.4528.1915.2617.9319.8216.1013.7933.0831.7923.0228.3531.4343.25
—+75.0%+10.6%-45.8%-37.7%-30.0%-51.3%+5.3%-26.5%-52.9%+63.8%-43.1%-14.7%
Current Ratio0.710.620.710.810.760.800.790.880.960.970.980.990.87
—-22.0%-9.8%-8.4%-21.0%-18.2%-19.4%-10.5%+10.0%+10.2%-6.0%-7.8%-19.8%
Quick Ratio0.670.590.670.760.700.750.750.840.910.920.940.930.82
—-22.0%-11.2%-10.0%-22.8%-18.7%-19.8%-10.2%+11.2%+11.3%-5.5%-7.7%-20.7%
Interest Coverage2.903.102.473.612.572.93-0.71-0.480.802.84-0.561.24-3.39
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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PBI — Frequently Asked Questions

Quick answers to the most common questions about buying PBI stock.

What is Pitney Bowes Inc.'s quarterly P/E ratio trend?

Pitney Bowes Inc.'s current P/E is 20.8x. The average P/E over the last 4 quarters is 12.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Pitney Bowes Inc.'s margins change by quarter?

Pitney Bowes Inc.'s current operating margin is 20.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at PBI quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Pitney Bowes Inc.'s business trajectory between earnings reports.