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Pitney Bowes Inc.

PBI

Industrials · 17.07 +0.5% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Pitney Bowes Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.

Company+0.5% todayVolume comparison unavailable
Market group0 of 20 activeCloud Software Solutions · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • PBI's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if PBI's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Integrated Freight & Logistics

No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • PBI's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements76
Verified relationships9
Evidence supporting the case
  • Net margin changed +17.7 percentage points in the latest annual period.
  • Operating cash flow covered net income at 2.65x in the latest annual period.
  • Pricing and mix has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Latest annual revenue changed -6.6% year over year.
  • Credit and interest rates has repeated adverse evidence across 3 filings.
Questions before a position
  • P/E is 33% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 111% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

17.07
6m+58.4%12m+41.7%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$3.7B+3.4%$-0.01+4.4%
2022-12-31$2.5B-32.4%$0.21-1.0%
2023-12-31$2.1B-16.3%$-2.20-0.9%
2024-12-31$2.0B-2.5%$-1.12+3.9%
2025-12-31$1.9B-6.6%$0.84-5.2%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 3 filings
Financing Activities Cash flows from financing activities for the first quarter of 2026 improved $69 million compared to the prior year period primarily due to the issuance of an additional $150 million of the March 2029 Notes, prior year fees paid to redeem/…
10-Q · May 6, 2026
Pricing and mixmixed · 3 filings
We expect low to mid-single digit decline in EBIT and EBIT margin, primarily driven by expected competitive pricing pressures in Presort Services, partially offset by lower worldwide operating costs from previous and continued cost-cutting actions, including…
10-Q · May 6, 2026
Input and raw-material costsnegative · 2 filings
Gross margin declined $34 million compared to the prior year period primarily driven by lower revenue; however, gross margin percentage increased to 66.2% from 64.4% driven by headcount reductions and other cost savings initiatives.
10-Q · Oct 30, 2025
Restructuring and cost reductionsnegative · 2 filings
Corporate expenses were as follows: Three Months Ended March 31, Favorable/(Unfavorable) 2026 2025 Actual % change Corporate expenses $ 22,331 $ 32,117 30 % Corporate expenses for the first quarter of 2026 decreased $10 million compared to the prior year peri…
10-Q · May 6, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.6× · EV/sales 2.5×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

17.07+0.5% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for PBI. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for PBI. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind PBI

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ACCOFiling-linked namepartnerFeb 19, 2026

15 Stock Performance Graph Our peer group is comprised of: ACCO Brands Corporation, Bread Financial Holdings, Inc., Cimpress plc, CSG Systems International, Inc., Deluxe Corporation, Diebold Nixdorf, Incorporated, E2open Parent Holdings, Inc., HNI Corporation…

BFHBread Financial Holdings, Inc.partnerFeb 19, 2026

15 Stock Performance Graph Our peer group is comprised of: ACCO Brands Corporation, Bread Financial Holdings, Inc., Cimpress plc, CSG Systems International, Inc., Deluxe Corporation, Diebold Nixdorf, Incorporated, E2open Parent Holdings, Inc., HNI Corporation…

CMPRCimpress plcpartnerFeb 19, 2026

15 Stock Performance Graph Our peer group is comprised of: ACCO Brands Corporation, Bread Financial Holdings, Inc., Cimpress plc, CSG Systems International, Inc., Deluxe Corporation, Diebold Nixdorf, Incorporated, E2open Parent Holdings, Inc., HNI Corporation…

Filing peers

No filing peers are available for this name yet.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

PBI is currently a Follower in the organic co-movement group Cloud Software Solutions. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for PBI; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.