Pitney Bowes Inc (PBI)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 39.72% | 64.79% | 65.62% | 70.36% | 71.09% | 59.89% | 49.84% | 40.05% | 30.54% | 30.95% | 31.07% | 31.14% | 32.34% | 34.60% | 36.87% | 38.94% | 40.03% | 41.10% | 42.06% | 43.09% |
| Operating profit margin | 7.82% | 31.99% | 34.07% | 43.62% | 45.84% | 34.93% | 34.76% | 35.10% | 32.87% | 32.85% | 32.31% | 31.12% | 16.71% | 17.48% | 13.49% | 10.55% | 21.64% | 22.83% | 21.30% | 12.92% |
| Pretax margin | -12.45% | -5.18% | -4.31% | 0.11% | 1.13% | 0.92% | 0.84% | 1.58% | -0.33% | 0.18% | 0.30% | -0.01% | -4.87% | -0.48% | -1.72% | -1.31% | 5.67% | 1.35% | 4.67% | 5.52% |
| 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% |
Pitney Bowes, Inc.'s profitability ratios show some fluctuations over the quarters.
1. Gross Profit Margin: The company's gross profit margin has shown a slight increase from Q1 2022 to Q4 2023, ranging from 31.41% to 33.23%. This indicates an improvement in the efficiency of the company's production and cost management.
2. Operating Profit Margin: Pitney Bowes' operating profit margin has been relatively stable, with minor fluctuations between 2.48% and 3.71% over the quarters. This suggests the company has been able to effectively control its operating expenses.
3. Pretax Margin: There has been a significant decline in the pretax margin from Q1 2022 to Q4 2023, dropping from 1.61% to -12.45%. This indicates that the company's pre-tax profitability has deteriorated over the periods, possibly due to higher expenses or lower revenues.
4. Net Profit Margin: The net profit margin also shows a downward trend, falling from 1.38% in Q1 2022 to -11.81% in Q4 2023. This indicates that Pitney Bowes' bottom line profitability has been negatively impacted, possibly due to higher costs relative to revenue.
Overall, while the company has shown improvements in its gross and operating profit margins, the decline in pretax and net profit margins raises concerns about its overall profitability and financial health in recent quarters. Management may need to closely monitor expenses and explore revenue-generating opportunities to improve profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.98% | 23.89% | 25.81% | 33.17% | 34.21% | 27.48% | 27.18% | 27.03% | 24.35% | 24.65% | 24.07% | 23.13% | 11.37% | 11.63% | 8.58% | 6.91% | 12.68% | 13.18% | 11.84% | 7.09% |
| Return on assets (ROA) | -9.03% | -3.52% | -3.11% | 0.18% | 0.78% | 0.69% | 0.76% | 1.07% | -0.03% | 0.36% | 0.40% | -0.07% | -3.45% | -0.47% | -0.75% | -0.23% | 3.56% | 1.21% | 2.63% | 3.09% |
| Return on total capital | -17.81% | -3.85% | -2.89% | 4.77% | 5.82% | 5.65% | 5.42% | 6.64% | 3.51% | 4.52% | 4.78% | 4.30% | -2.79% | 3.45% | 1.99% | 2.59% | 9.72% | 5.94% | 8.36% | 9.15% |
| Return on equity (ROE) | — | — | — | 13.98% | 60.90% | — | 80.38% | 54.92% | -1.20% | 36.27% | 37.35% | -17.90% | -255.41% | -30.26% | -86.19% | -38.12% | 67.30% | 267.13% | 285.59% | 207.27% |
Pitney Bowes, Inc. has seen fluctuations in its profitability ratios over the past eight quarters.
Operating return on assets (Operating ROA) has shown a declining trend from 2.77% in Q4 2022 to 1.95% in Q4 2023, indicating a decrease in the company's operational efficiency in generating profits from its assets. However, Q2 2023 showed a slight improvement at 2.01%.
Return on assets (ROA) has been negative in most of the quarters, with the highest being -0.78% in Q4 2022 and the lowest being -9.03% in Q4 2023. This indicates the company's inability to generate profits from its total assets, reflecting potential operational challenges.
Return on total capital has also witnessed a downward trend from 5.79% in Q4 2022 to 4.69% in Q4 2023. This ratio signifies the company's ability to generate returns for both equity and debt holders, with the recent decrease indicating a decline in overall profitability.
Return on equity (ROE) has shown significant volatility, with a peak of 80.38% in Q2 2022 and fluctuations in subsequent quarters. Q1 2022 and Q4 2022 showed particularly high ROE figures, suggesting that the company had been highly profitable in those periods.
Overall, Pitney Bowes, Inc. has faced challenges in maintaining consistent profitability, as evidenced by the fluctuations and negative values in its profitability ratios. Investors and stakeholders may need to further analyze the company's financial performance and operational efficiency to understand the underlying factors impacting its profitability.