Pitney Bowes Inc (PBI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 102,502 | -406,502 | 36,940 | 198,117 | -20,923 |
| Revenue | US$ in thousands | 2,026,600 | 3,266,350 | 3,538,040 | 3,673,560 | 3,554,080 |
| Operating profit margin | 5.06% | -12.45% | 1.04% | 5.39% | -0.59% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $102,502K ÷ $2,026,600K
= 5.06%
The operating profit margin of Pitney Bowes Inc has shown significant fluctuations over the past five years, ranging from -12.45% to 5.39%. In 2023, the company experienced a sharp decline with a negative margin of -12.45%, indicating that the company's operating expenses exceeded its operating income during that period. However, Pitney Bowes managed to improve its performance in the following years, achieving positive margins of 5.39% in 2021 and 5.06% in 2024.
Overall, the trend in Pitney Bowes' operating profit margin appears to be unstable, suggesting potential challenges in managing operational efficiency and controlling costs. It is essential for the company to focus on enhancing operational efficiency and cost management to sustain and improve its profitability in the future.