Pitney Bowes Inc (PBI)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 3,397,520 | 4,272,180 | 4,741,360 | 4,958,870 | 5,224,360 |
| ROA | -5.99% | -9.03% | 0.78% | 0.07% | -3.45% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-203,597K ÷ $3,397,520K
= -5.99%
Pitney Bowes Inc's Return on Assets (ROA) has exhibited fluctuations over the past five years. The ROA was negative in both December 31, 2020, and December 31, 2023, indicating that the company generated losses relative to its total assets in those years.
In December 31, 2021, and December 31, 2022, the ROA improved, albeit modestly, reaching 0.07% and 0.78% respectively. This suggests that the company became marginally more efficient in generating profits from its assets during this period.
However, the ROA declined sharply in December 31, 2024, dropping to -5.99%. This significant decrease highlights a potential decline in the company's ability to generate earnings from its assets efficiently.
Overall, Pitney Bowes Inc's ROA trend indicates variability in its asset utilization efficiency, with notable periods of improvement and decline. It would be prudent for stakeholders to conduct further analysis to understand the underlying factors contributing to these fluctuations in ROA.