Pitney Bowes Inc (PBI)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 121,367 | -406,502 | 130,409 | 150,048 | -77,616 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -578,433 | -368,576 | 60,653 | 112,632 | 70,621 |
| Return on total capital | — | — | 215.01% | 133.22% | -109.90% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $121,367K ÷ ($—K + $-578,433K)
= —
The return on total capital for Pitney Bowes Inc has shown significant fluctuations over the years based on the provided data.
- As of December 31, 2020, the return on total capital was negative at -109.90%. This indicates that the company's total capital was not generating sufficient returns to cover the cost of the capital, which is a concerning sign.
- By December 31, 2021, there was a substantial improvement with a return on total capital of 133.22%, indicating a strong performance in utilizing the total capital to generate returns.
- The return on total capital further increased to 215.01% by December 31, 2022, showcasing even better capital efficiency and profitability for the company.
- However, the data for December 31, 2023 and 2024 are unavailable (indicated by the symbols '—'), which makes it difficult to assess the trend and performance for those years.
Overall, Pitney Bowes Inc experienced a noteworthy turnaround in its return on total capital from negative figures to positive and impressive percentages in the subsequent years, reflecting improved capital utilization and profitability. Further data is required to ascertain the sustained performance trend over the years.