Pitney Bowes Inc (PBI) — Capital Reinvestment Ratio
Pitney Bowes Inc (PBI) has a Capital Reinvestment Ratio of 0.09x as of December 2025, meaning it reinvests 0% of its operating cash flow ($233.56 Million) in capital expenditures ($20.25 Million). Check PBI tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Pitney Bowes Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Pitney Bowes Inc's Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see PBI operating cash flow.
Annual Capital Reinvestment Ratio for Pitney Bowes Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Pitney Bowes Inc from 1989 to 2025. See Pitney Bowes Inc (PBI) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.18x | $365.99 Million | $66.28 Million | ▼ -42.7% |
| 2024 | 0.32x | $229.17 Million | $72.40 Million | ▼ -75.6% |
| 2023 | 1.29x | $79.47 Million | $102.88 Million | ▲ +82.5% |
| 2022 | 0.71x | $175.98 Million | $124.84 Million | ▲ +16.2% |
| 2021 | 0.61x | $301.51 Million | $184.04 Million | ▲ +75.6% |
| 2020 | 0.35x | $301.97 Million | $104.99 Million | ▼ -36.1% |
| 2019 | 0.54x | $252.21 Million | $137.25 Million | ▲ +36.1% |
| 2018 | 0.40x | $344.65 Million | $137.81 Million | ▲ +15.9% |
| 2017 | 0.34x | $495.81 Million | $170.99 Million | ▲ +5.2% |
| 2016 | 0.33x | $490.69 Million | $160.83 Million | ▲ +1.2% |
| 2015 | 0.32x | $514.64 Million | $166.75 Million | ▲ +17.6% |
| 2014 | 0.28x | $655.53 Million | $180.56 Million | ▲ +25.2% |
| 2013 | 0.22x | $624.82 Million | $137.51 Million | ▼ -17.7% |
| 2012 | 0.27x | $660.19 Million | $176.59 Million | ▲ +57.8% |
| 2011 | 0.17x | $920.19 Million | $155.98 Million | ▲ +34.8% |
| 2010 | 0.13x | $952.11 Million | $119.77 Million | ▼ -37.8% |
| 2009 | 0.20x | $824.07 Million | $166.73 Million | ▼ -15.6% |
| 2008 | 0.24x | $990.44 Million | $237.31 Million | ▼ -4.0% |
| 2007 | 0.25x | $1.06 Billion | $264.66 Million | ▼ -53.8% |
| 2005 | 0.54x | $539.59 Million | $291.55 Million | ▲ +61.0% |
| 2004 | 0.34x | $944.64 Million | $316.98 Million | ▼ 0.0% |
| 2003 | 0.34x | $851.26 Million | $285.68 Million | ▼ -25.0% |
| 2002 | 0.45x | $502.56 Million | $224.83 Million | ▲ +80.9% |
| 2001 | 0.25x | $1.04 Billion | $256.20 Million | ▼ -19.7% |
| 2000 | 0.31x | $872.24 Million | $268.58 Million | ▼ -0.9% |
| 1999 | 0.31x | $981.10 Million | $304.90 Million | ▼ -41.1% |
| 1998 | 0.53x | $772.00 Million | $407.60 Million | ▲ +53.7% |
| 1997 | 0.34x | $710.60 Million | $244.10 Million | ▼ -12.7% |
| 1996 | 0.39x | $691.50 Million | $272.00 Million | ▼ -32.9% |
| 1995 | 0.59x | $576.50 Million | $337.70 Million | ▼ -20.6% |
| 1994 | 0.74x | $468.40 Million | $345.60 Million | ▲ +11.3% |
| 1993 | 0.66x | $440.00 Million | $291.80 Million | ▲ +47.7% |
| 1992 | 0.45x | $500.10 Million | $224.60 Million | ▼ -12.8% |
| 1991 | 0.51x | $486.40 Million | $250.40 Million | ▼ -21.2% |
| 1990 | 0.65x | $493.70 Million | $322.70 Million | ▼ -27.5% |
| 1989 | 0.90x | $332.20 Million | $299.70 Million | — |