Pitney Bowes Inc (PBI)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,256,573 | 1,252,633 | 1,066,888 | 1,074,827 | 1,070,802 | 1,070,378 | 1,074,001 | 1,076,773 | 1,119,748 | 1,114,937 | 1,136,327 | 1,175,605 | 1,169,057 | 1,196,374 | 1,206,130 | 1,189,596 | 1,196,014 | 1,197,757 | 1,224,744 | 1,309,814 |
| Revenue (ttm) | US$ in thousands | 2,639,263 | 2,994,720 | 3,279,008 | 3,262,319 | 3,266,348 | 3,303,461 | 3,350,624 | 3,445,638 | 3,538,042 | 3,613,063 | 3,657,598 | 3,685,306 | 3,673,561 | 3,718,269 | 3,734,718 | 3,673,007 | 3,554,078 | 3,357,001 | 3,255,228 | 3,278,515 |
| Gross profit margin | 47.61% | 41.83% | 32.54% | 32.95% | 32.78% | 32.40% | 32.05% | 31.25% | 31.65% | 30.86% | 31.07% | 31.90% | 31.82% | 32.18% | 32.30% | 32.39% | 33.65% | 35.68% | 37.62% | 39.95% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,256,573K ÷ $2,639,263K
= 47.61%
The gross profit margin of Pitney Bowes Inc has shown fluctuations over the past several quarters. It declined from 39.95% as of March 31, 2020, to 30.86% as of September 30, 2022, before starting to increase again. The company's gross profit margin rebounded to 47.61% by December 31, 2024, showing a significant improvement.
This improvement indicates that Pitney Bowes Inc was able to enhance its efficiency in generating profits from its core business operations. A rising gross profit margin is a positive sign as it suggests the company is effectively managing its production costs and prices.
It is essential for investors and stakeholders to monitor the trend of the gross profit margin over time as it provides insights into the company's operational performance and profitability. It is also critical to analyze the factors contributing to fluctuations in the gross profit margin to assess the company's overall financial health and sustainability.