Pitney Bowes Inc (PBI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -203,597 | -385,627 | 36,940 | 3,507 | -180,376 |
| Revenue | US$ in thousands | 2,026,600 | 3,266,350 | 3,538,040 | 3,673,560 | 3,554,080 |
| Net profit margin | -10.05% | -11.81% | 1.04% | 0.10% | -5.08% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-203,597K ÷ $2,026,600K
= -10.05%
The net profit margin of Pitney Bowes Inc has shown fluctuations over the years based on the provided data.
As of December 31, 2020, the net profit margin was -5.08%, indicating that the company had incurred a net loss equivalent to 5.08% of its total revenue.
By December 31, 2021, there was a slight improvement with a net profit margin of 0.10%, implying that the company was able to generate a profit equal to 0.10% of its total revenue.
In the following year, by December 31, 2022, the net profit margin further increased to 1.04%, suggesting improved profitability for Pitney Bowes Inc.
However, there was a significant decline in profitability by December 31, 2023, with a net profit margin of -11.81%, indicating a substantial loss compared to the total revenue.
This decline in profitability continued into the next year, with a net profit margin of -10.05% as of December 31, 2024, signifying ongoing challenges in generating profits for the company.
Overall, the net profit margin trend for Pitney Bowes Inc has been volatile, depicting a mix of positive and negative results over the years, which may indicate the company's struggles with managing costs and revenues effectively.