Pitney Bowes Inc. (PBI) Stock

Pitney Bowes Inc. (PBI) is a Technology stock trading at $16.16 (as of 2026-08-20), with a market capitalization of $2.22B and a trailing P/E of 11.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Pitney Bowes Inc. provides mailing and shipping technology, logistics, and related financial services. Its offerings are organized into Global Ecommerce, Presort Services, and SendTech Solutions, serving small and medium-sized businesses, large enterprises, retailers, and government customers in the U.S., Canada, and internationally.

Understand Pitney Bowes Inc.: how it makes money

Pitney Bowes provides shipping and mailing technology, logistics, and financial services for businesses, it makes money from parcel and cross-border delivery services (Global Ecommerce), mail sorting (Presort Services), sending technology solutions (SendTech Solutions), and related financing revenue.

Profit is structurally driven by shipping and mailing activity levels, because revenue comes from service flows (parcel and mail sorting) and is supplemented by technology and financing tied to those same customer needs.

Revenue by segment (latest quarter)
Global E-Com	$0.3B
Presort	$0.1B
SendTech	$0.0B

Business quality (Weak): Segment revenue inputs provided do not match cleanly to the company total, so the SendTech segment figure is a residual to align segments to the stated total revenue.

Valuation: At 17× earnings, PBI trades 45% below the Tech Hardware average (32×). Note: one-time items can distort reported P/E.

Bull case

Multi-segment exposure to shipping and mailing needs: Operations span Global Ecommerce (parcel, cross-border, digital delivery), Presort Services (mail sortation), and SendTech Solutions, which can diversify how demand shows up across the platform.
More than pure logistics revenue: The business also includes financing revenue and sending technology solutions, which can support results beyond shipping volumes alone.

Bear case

Volume-linked demand risk: Parcel and mail sorting services are tied to customer shipping and mailing behavior, which can be exposed to changes in customer activity and mix.
Data inconsistency makes segment monitoring harder: The provided segment revenue figures do not align cleanly with the stated total revenue, which can complicate interpreting segment-specific drivers from this dataset.

Valuation — source: SEC EDGAR (first-party)
Price	$16.16
Market Cap	$2.22B
P/E Ratio	11.8
EV / EBITDA	11.2
Price / Sales	1.19
Dividend Yield	2.5%
FCF Yield	18.7%
DCF Value (model)	$8.26
DCF Upside vs Price	-48.9%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.89B
Net Margin	7.6%
Return on Equity	-21.7%
Debt / Equity	-2.36
Current Ratio	0.73
Revenue Growth (YoY)	-2.3%
EPS Growth (YoY)	117.6%
FCF Growth (YoY)	37.1%

Financial Health — source: SEC EDGAR
Altman Z-Score	2.17 (grey)

Valuation vs Sector & Industry
Stock P/E	11.8
Sector P/E (Technology)	33.9
Industry P/E (Computers)	32.1
vs Sector	-65.1%
vs Industry	-63.1%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($171.92M)
Institutional Holders Tracked	10

Company
Sector	Technology
Industry	Computers
CEO	Kurt Wolf
Employees	7,200
Country	US
IPO Date	1972-06-01

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.