Pitney Bowes Inc (PBI)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | -578,433 | -518,879 | -427,889 | -392,355 | -368,576 | -125,109 | -75,487 | 59,964 | 60,653 | -8,276 | 44,154 | 92,882 | 112,632 | 48,663 | 53,370 | 19,163 | 66,395 | 79,125 | 44,580 | 29,430 |
| ROE | — | — | — | — | — | — | — | 13.98% | 60.90% | — | 80.38% | 54.92% | -1.20% | 33.42% | 34.82% | -24.02% | -273.43% | -29.99% | -85.78% | -38.11% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-203,597K ÷ $-578,433K
= —
Pitney Bowes Inc's return on equity (ROE) has shown significant fluctuations over the past few years based on the provided data. The ROE was negative in most quarters from March 2020 to December 2021, indicating that the company was not generating sufficient profits relative to its shareholder equity during those periods.
However, there was a notable turnaround in the second half of 2021 and continuing into 2022, with the ROE improving significantly and even turning positive in some quarters. This positive trend demonstrates that Pitney Bowes was able to enhance its profitability and efficiency in utilizing shareholders' equity to generate returns for investors.
The ROE peaked at 80.38% in June 2022, indicating that the company was highly effective in generating profits from the shareholders' equity during that period. Although the ROE declined slightly in the subsequent quarters, remaining above 13%, it still reflected a healthy return on the equity invested in the company.
The lack of data for the latter part of 2023 and all of 2024 limits a more comprehensive analysis of Pitney Bowes Inc's ROE in recent years. However, based on the available data, there has been a positive trend in ROE performance from the second half of 2021 to mid-2022, showcasing improvements in the company's profitability and efficiency in utilizing shareholder equity for generating returns.