Pitney Bowes Inc (PBI)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | -578,433 | -368,576 | 60,653 | 112,632 | 70,621 |
| ROE | — | — | 60.90% | 3.11% | -255.41% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-203,597K ÷ $-578,433K
= —
The return on equity (ROE) for Pitney Bowes Inc has shown significant fluctuations over the years. In December 2020, the company had a negative ROE of -255.41%, indicating that the company's net income was insufficient to cover the shareholders' equity, which is a concerning sign.
However, there seems to have been a notable improvement in December 2021, with the ROE increasing to 3.11%. This suggests that the company's profitability relative to shareholders' equity improved slightly.
By December 2022, the ROE saw a substantial increase to 60.90%, indicating a significant improvement in the company's profitability and efficiency in generating returns for shareholders. This could be a positive sign of better financial performance and effective capital utilization.
It is worth noting that the data for December 31, 2023, and December 31, 2024 are not available (indicated by "—"), which makes it challenging to assess the trend further.
In conclusion, while Pitney Bowes Inc experienced fluctuations in ROE in recent years, the notable increase in ROE by December 2022 suggests potential positive developments in the company's financial performance and efficiency in utilizing shareholders' equity.