Pitney Bowes Inc (PBI)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -203,597 | -390,060 | -264,107 | -380,775 | -385,627 | -155,495 | -137,489 | 8,382 | 36,940 | 31,911 | 35,491 | 51,011 | -1,351 | 16,261 | 18,583 | -4,602 | -181,544 | -23,727 | -38,241 | -11,215 |
| Total assets | US$ in thousands | 3,397,520 | 3,647,720 | 4,078,400 | 4,103,050 | 4,272,180 | 4,422,700 | 4,423,360 | 4,530,850 | 4,741,360 | 4,593,150 | 4,677,590 | 4,787,060 | 4,958,870 | 4,954,610 | 5,013,300 | 4,941,180 | 5,224,360 | 5,044,030 | 5,116,180 | 4,893,430 |
| ROA | -5.99% | -10.69% | -6.48% | -9.28% | -9.03% | -3.52% | -3.11% | 0.18% | 0.78% | 0.69% | 0.76% | 1.07% | -0.03% | 0.33% | 0.37% | -0.09% | -3.47% | -0.47% | -0.75% | -0.23% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-203,597K ÷ $3,397,520K
= -5.99%
Pitney Bowes Inc's return on assets (ROA) has shown a significant fluctuation over the period from March 31, 2020, to December 31, 2024. The ROA started at a negative level in March 2020, improved gradually, turned positive in June 2021 and peaked at 1.07% in March 2022. However, it experienced a decline in the following quarters, with intermittent negative values from June 2023 to December 2024.
The negative ROA values from June 2023 to December 2024 indicate that Pitney Bowes Inc's net income generated from its assets during those periods was insufficient to cover its total assets. This trend suggests potential inefficiencies in asset utilization or profitability challenges within the company during those quarters.
Overall, the fluctuating ROA of Pitney Bowes Inc highlights the importance of closely monitoring and analyzing the company's asset management and profitability strategies to ensure sustainable financial performance.