Pitney Bowes Inc.

Pitney Bowes Inc.verified

PBI

Price:

$7.1

Market Cap:

$1.27B

Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States, Canada, and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments. The Global Ecommerce segment provides domestic parcel services, cross-border solutions, and digital delivery services. The Presort Services segment offers mail sortation services, which allow clients to qualify volumes of first-class mail, marketing mail, and bound and packet mail for postal work sharing discounts. The SendTech Solutions segment provides physic...[Read more]

Industry

Integrated Freight & Logistics

IPO Date

1972-06-01

Stock Exchange

NYSE

Ticker

PBI

The Current Ratio as of September 2024 (TTM) for Pitney Bowes Inc. (PBI) is 0.96

According to Pitney Bowes Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.96. This represents a change of -1.71% compared to the average of 0.97 of the last 4 quarters.

Pitney Bowes Inc. (PBI) Historical Current Ratio (quarterly & annually)

How has PBI Current Ratio performed in the past?

The mean historical Current Ratio of Pitney Bowes Inc. over the last ten years is 1.14. The current 0.96 Current Ratio has changed 8.31% with respect to the historical average. Over the past ten years (40 quarters), PBI's Current Ratio was at its highest in in the December 2019 quarter at 1.42. The Current Ratio was at its lowest in in the June 2023 quarter at 0.87.

Quarterly (TTM)
Annual

Average

1.14

Median

1.11

Minimum

0.98

Maximum

1.42

Pitney Bowes Inc. (PBI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Pitney Bowes Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 28.58%

Maximum Annual Current Ratio = 1.42

Minimum Annual Increase = -20.81%

Minimum Annual Current Ratio = 0.98

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.98-5.99%
20221.04-5.04%
20211.10-2.90%
20201.13-20.81%
20191.4213.97%
20181.25-2.56%
20171.2828.58%
20161.00-2.12%
20151.02-12.85%
20141.17-8.34%

Pitney Bowes Inc. (PBI) Average Current Ratio

How has PBI Current Ratio performed in the past?

The current Current Ratio of Pitney Bowes Inc. (PBI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.04

5-year avg

1.13

10-year avg

1.14

Pitney Bowes Inc. (PBI) Current Ratio vs. Peers

How is PBI’s Current Ratio compared to its peers?

Pitney Bowes Inc.’s Current Ratio is less than Expeditors International of Washington, Inc. (1.53), less than Landstar System, Inc. (2.17), less than J.B. Hunt Transport Services, Inc. (1.21), less than Hub Group, Inc. (1.32), less than Forward Air Corporation (1.33), less than C.H. Robinson Worldwide, Inc. (1.42),

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