Pitney Bowes Inc (PBI)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -385,627 | -155,495 | -137,489 | 8,382 | 36,940 | 31,911 | 35,491 | 51,011 | -1,351 | 17,648 | 19,932 | -3,430 | -180,376 | -23,946 | -38,422 | -11,219 | 194,609 | 67,882 | 151,284 | 179,182 |
| Revenue (ttm) | US$ in thousands | 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 | 3,206,309 | 3,205,125 | 3,231,196 | 3,201,352 | 3,186,317 |
| Net profit margin | -11.81% | -4.71% | -4.10% | 0.24% | 1.04% | 0.88% | 0.97% | 1.38% | -0.04% | 0.47% | 0.53% | -0.09% | -5.08% | -0.71% | -1.18% | -0.35% | 6.07% | 2.10% | 4.73% | 5.62% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-385,627K ÷ $3,266,348K
= -11.81%
The net profit margin of Pitney Bowes, Inc. has shown fluctuations over the past eight quarters. In Q4 2023, the net profit margin was -11.81%, indicating that the company incurred a loss relative to its revenue. This was a significant decrease from the previous quarter (Q3 2023), where the net profit margin was -4.71%.
Looking further back, in Q1 2023, the net profit margin improved slightly to -4.10%, but it was still negative. The only quarter where Pitney Bowes, Inc. managed to achieve a positive net profit margin in this period was Q1 2023, where it stood at 0.24%.
Comparing the latest figures to the same quarter in the previous year (Q4 2022), there has been a notable decline in the net profit margin from 1.04% to -11.81%. This suggests a worsening financial performance over the year.
Overall, Pitney Bowes, Inc. seems to be facing challenges in maintaining a positive net profit margin, with recent quarters showing losses or very low profit margins. The company may need to focus on improving operational efficiency and cost management to enhance profitability in the upcoming quarters.