Pitney Bowes Inc (PBI.PB) stock
PBI.PBNYSEOffice Machines, NECFiscal year ends December 31Also trades as PBI
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 13/3033% below fair value
$20.48+0.12 (+0.59%)
Close on Nov 2, 2026Market cap $2.81BP/E 15.9Yield 1.46%
Pitney Bowes gross margin
Gross margin is gross profit as a percentage of revenue.
Pitney Bowes's gross margin for the twelve months ending Dec 31, 2024 was 52.4%. For fiscal 2024 it was 52.4%, against 49.6% the year before. The highest annual figure on record is 56.5% in fiscal 2013.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 52.4% | +2.8 |
| FY2023 | Dec 31, 2023 | 49.6% | +19.0 |
| FY2021 | Dec 31, 2021 | 30.5% | −1.8 |
| FY2020 | Dec 31, 2020 | 32.3% | −7.7 |
| FY2019 | Dec 31, 2019 | 40.0% | −4.2 |
| FY2018 | Dec 31, 2018 | 44.3% | −4.3 |
| FY2017 | Dec 31, 2017 | 48.5% | −0.7 |
| FY2016 | Dec 31, 2016 | 49.2% | −7.2 |
| FY2015 | Dec 31, 2015 | 56.4% | +0.4 |
| FY2014 | Dec 31, 2014 | 56.0% | −0.4 |
| FY2013 | Dec 31, 2013 | 56.5% | +4.2 |
| FY2010 | Dec 31, 2010 | 52.2% | +1.4 |
| FY2009 | Dec 31, 2009 | 50.8% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q4 FY2024 | Dec 31, 2024 | 53.8% | +2.9 |
| Q3 FY2024 | Sep 30, 2024 | 52.4% | +1.7 |
| Q2 FY2024 | Jun 30, 2024 | 51.1% | +2.1 |
| Q1 FY2024 | Mar 31, 2024 | 52.3% | +4.5 |
| Q4 FY2023 | Dec 31, 2023 | 50.9% | +23.3 |
| Q3 FY2023 | Sep 30, 2023 | 50.7% | +19.4 |
| Q2 FY2023 | Jun 30, 2023 | 49.0% | +16.9 |
| Q1 FY2023 | Mar 31, 2023 | 47.8% | +16.4 |
| Q4 FY2021 | Dec 31, 2021 | 27.6% | −1.6 |
| Q3 FY2021 | Sep 30, 2021 | 31.3% | −0.5 |
| Q2 FY2021 | Jun 30, 2021 | 32.1% | −0.3 |
| Q1 FY2021 | Mar 31, 2021 | 31.4% | −5.4 |
| Q4 FY2020 | Dec 31, 2020 | 29.2% | −8.4 |
| Q3 FY2020 | Sep 30, 2020 | 31.8% | −9.0 |
| Q2 FY2020 | Jun 30, 2020 | 32.5% | −8.2 |
| Q1 FY2020 | Mar 31, 2020 | 36.8% | −4.4 |
| Q4 FY2019 | Dec 31, 2019 | 37.6% | −4.1 |
| Q3 FY2019 | Sep 30, 2019 | 40.8% | −4.1 |
| Q2 FY2019 | Jun 30, 2019 | 40.6% | −4.2 |
| Q1 FY2019 | Mar 31, 2019 | 41.2% | −4.6 |
| Q4 FY2018 | Dec 31, 2018 | 41.7% | −6.6 |
| Q3 FY2018 | Sep 30, 2018 | 44.8% | −10.4 |
| Q2 FY2018 | Jun 30, 2018 | 44.8% | −11.4 |
| Q1 FY2018 | Mar 31, 2018 | 45.9% | −12.4 |
| Q4 FY2017 | Dec 31, 2017 | 48.2% | −6.6 |
| Q3 FY2017 | Sep 30, 2017 | 55.2% | – |
| Q2 FY2017 | Jun 30, 2017 | 56.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 58.2% | – |
| Q4 FY2016 | Dec 31, 2016 | 54.9% | – |