Pitney Bowes Inc (PBI) - Net Assets
Based on the latest financial reports, Pitney Bowes Inc (PBI) has net assets worth $-802.36 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.17 Billion) and total liabilities ($3.97 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Pitney Bowes Inc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-802.36 Million |
| % of Total Assets | -25.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | -812.37% |
| 10-Year Change | N/A |
| Growth Volatility | 128.2 |
Pitney Bowes Inc - Net Assets Trend (1985–2025)
This chart illustrates how Pitney Bowes Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Pitney Bowes Inc for the complete picture of this company's asset base.
Annual Net Assets for Pitney Bowes Inc (1985–2025)
The table below shows the annual net assets of Pitney Bowes Inc from 1985 to 2025. For live valuation and market cap data, see PBI stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-802.36 Million | -38.71% |
| 2024-12-31 | $-578.43 Million | -56.94% |
| 2023-12-31 | $-368.58 Million | -707.68% |
| 2022-12-31 | $60.65 Million | -46.15% |
| 2021-12-31 | $112.63 Million | +59.49% |
| 2020-12-31 | $70.62 Million | -75.32% |
| 2019-12-31 | $286.10 Million | +180.92% |
| 2018-12-31 | $101.84 Million | -45.99% |
| 2017-12-31 | $188.56 Million | +281.90% |
| 2016-12-31 | $-103.66 Million | -121.82% |
| 2015-12-31 | $475.09 Million | +27.16% |
| 2014-12-31 | $373.63 Million | +98.31% |
| 2013-12-31 | $188.40 Million | -53.71% |
| 2012-12-31 | $407.00 Million | +58.13% |
| 2011-12-31 | $257.38 Million | +28.83% |
| 2010-12-31 | $199.79 Million | -35.56% |
| 2009-12-31 | $310.03 Million | +265.02% |
| 2008-12-31 | $-187.88 Million | -129.21% |
| 2007-12-31 | $643.30 Million | -46.92% |
| 2006-12-31 | $1.21 Billion | -6.92% |
| 2005-12-31 | $1.30 Billion | +44.82% |
| 2004-12-31 | $899.03 Million | -17.32% |
| 2003-12-31 | $1.09 Billion | -6.53% |
| 2002-12-31 | $1.16 Billion | -3.17% |
| 2001-12-31 | $1.20 Billion | -24.68% |
| 2000-12-31 | $1.59 Billion | -17.60% |
| 1999-12-31 | $1.94 Billion | -1.15% |
| 1998-12-31 | $1.96 Billion | -9.87% |
| 1997-12-31 | $2.17 Billion | -2.97% |
| 1996-12-31 | $2.24 Billion | -1.41% |
| 1995-12-31 | $2.27 Billion | +30.14% |
| 1994-12-31 | $1.75 Billion | -6.76% |
| 1993-12-31 | $1.87 Billion | +13.23% |
| 1992-12-31 | $1.65 Billion | -8.21% |
| 1991-12-31 | $1.80 Billion | +13.29% |
| 1990-12-31 | $1.59 Billion | +11.28% |
| 1989-12-31 | $1.43 Billion | +13.15% |
| 1988-12-31 | $1.26 Billion | +22.71% |
| 1987-12-31 | $1.03 Billion | +38.23% |
| 1986-12-31 | $744.20 Million | -4.82% |
| 1985-12-31 | $781.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pitney Bowes Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 350.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.66 Billion | % |
| Common Stock | $270.34 Million | % |
| Other Comprehensive Income | $-789.13 Million | % |
| Total Equity | $-802.36 Million | 100.00% |
Pitney Bowes Inc Competitors by Market Cap
The table below lists competitors of Pitney Bowes Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Getac Technology Corp
TW:3005
|
$1.91 Billion |
|
Vardhman Textiles Limited
NSE:VTL
|
$1.91 Billion |
|
Gemdale Corp
SHG:600383
|
$1.92 Billion |
|
C*Core Technology Co Ltd
SHG:688262
|
$1.92 Billion |
|
Neinor Homes SLU
MC:HOME
|
$1.91 Billion |
|
Punjab & Sind Bank
NSE:PSB
|
$1.91 Billion |
|
Badger Infrastructure Solutions Ltd
TO:BDGI
|
$1.91 Billion |
|
Harbin Boshi Automation Co Ltd
SHE:002698
|
$1.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pitney Bowes Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -578,433,000 to -802,360,000, a change of -223,927,000.
- Net income of 144,697,000 contributed positively to equity growth.
- Dividend payments of 51,059,000 reduced retained earnings.
- Share repurchases of 378,361,000 reduced equity.
- Other comprehensive income increased equity by 50,039,000.
- Other factors increased equity by 10,757,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $144.70 Million | +18.03% |
| Dividends Paid | $51.06 Million | -6.36% |
| Share Repurchases | $378.36 Million | -47.16% |
| Other Comprehensive Income | $50.04 Million | +6.24% |
| Other Changes | $10.76 Million | +1.34% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Pitney Bowes Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $2.59 | $15.53 | x |
| 1986-12-31 | $2.42 | $15.53 | x |
| 1987-12-31 | $3.24 | $15.53 | x |
| 1988-12-31 | $4.04 | $15.53 | x |
| 1989-12-31 | $4.56 | $15.53 | x |
| 1990-12-31 | $4.98 | $15.53 | x |
| 1991-12-31 | $5.67 | $15.53 | x |
| 1992-12-31 | $5.26 | $15.53 | x |
| 1993-12-31 | $5.89 | $15.53 | x |
| 1994-12-31 | $5.54 | $15.53 | x |
| 1995-12-31 | $7.57 | $15.53 | x |
| 1996-12-31 | $7.57 | $15.53 | x |
| 1997-12-31 | $6.70 | $15.53 | x |
| 1998-12-31 | $5.89 | $15.53 | x |
| 1999-12-31 | $5.98 | $15.53 | x |
| 2000-12-31 | $4.97 | $15.53 | x |
| 2001-12-31 | $3.60 | $15.53 | x |
| 2002-12-31 | $3.53 | $15.53 | x |
| 2003-12-31 | $4.41 | $15.53 | x |
| 2004-12-31 | $5.51 | $15.53 | x |
| 2005-12-31 | $5.61 | $15.53 | x |
| 2006-12-31 | $3.10 | $15.53 | x |
| 2007-12-31 | $2.91 | $15.53 | x |
| 2008-12-31 | $-0.90 | $15.53 | x |
| 2009-12-31 | $0.07 | $15.53 | x |
| 2010-12-31 | $-0.47 | $15.53 | x |
| 2011-12-31 | $-0.19 | $15.53 | x |
| 2012-12-31 | $0.55 | $15.53 | x |
| 2013-12-31 | $0.93 | $15.53 | x |
| 2014-12-31 | $0.38 | $15.53 | x |
| 2015-12-31 | $0.89 | $15.53 | x |
| 2016-12-31 | $-0.55 | $15.53 | x |
| 2017-12-31 | $1.01 | $15.53 | x |
| 2018-12-31 | $0.54 | $15.53 | x |
| 2019-12-31 | $1.61 | $15.53 | x |
| 2020-12-31 | $0.41 | $15.53 | x |
| 2021-12-31 | $0.63 | $15.53 | x |
| 2022-12-31 | $0.34 | $15.53 | x |
| 2023-12-31 | $-2.10 | $15.53 | x |
| 2024-12-31 | $-3.17 | $15.53 | x |
| 2025-12-31 | $-4.64 | $15.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pitney Bowes Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.65%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (123.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 19.24% | 8.21% | 1.04x | 2.25x | $72.21 Million |
| 1986 | 22.57% | 8.46% | 0.98x | 2.72x | $93.58 Million |
| 1987 | 19.38% | 8.86% | 0.93x | 2.36x | $96.53 Million |
| 1988 | 19.27% | 9.18% | 0.55x | 3.79x | $117.07 Million |
| 1989 | 13.07% | 6.49% | 0.51x | 3.93x | $43.87 Million |
| 1990 | 13.41% | 6.67% | 0.53x | 3.81x | $54.26 Million |
| 1991 | 16.40% | 8.86% | 0.52x | 3.54x | $115.23 Million |
| 1992 | 6.07% | 2.92% | 0.53x | 3.93x | $-64.99 Million |
| 1993 | 18.87% | 9.97% | 0.52x | 3.63x | $166.04 Million |
| 1994 | 15.71% | 8.38% | 0.44x | 4.24x | $99.59 Million |
| 1995 | 25.67% | 16.40% | 0.45x | 3.45x | $355.99 Million |
| 1996 | 20.96% | 12.70% | 0.45x | 3.64x | $245.50 Million |
| 1997 | 28.09% | 13.68% | 0.49x | 4.22x | $338.84 Million |
| 1998 | 34.98% | 16.47% | 0.46x | 4.65x | $411.59 Million |
| 1999 | 39.14% | 16.69% | 0.46x | 5.06x | $473.65 Million |
| 2000 | 48.45% | 16.04% | 0.49x | 6.15x | $494.05 Million |
| 2001 | 54.79% | 11.85% | 0.50x | 9.33x | $399.21 Million |
| 2002 | 55.75% | 10.79% | 0.50x | 10.23x | $390.42 Million |
| 2003 | 45.81% | 10.88% | 0.51x | 8.18x | $389.38 Million |
| 2004 | 37.25% | 9.69% | 0.50x | 7.61x | $351.52 Million |
| 2005 | 40.45% | 9.59% | 0.52x | 8.16x | $396.38 Million |
| 2006 | 77.15% | 9.38% | 0.67x | 12.31x | $469.51 Million |
| 2007 | 57.02% | 5.98% | 0.64x | 14.85x | $302.45 Million |
| 2008 | 0.00% | 6.70% | 0.72x | 0.00x | $438.58 Million |
| 2009 | 3099.21% | 7.60% | 0.65x | 625.83x | $422.08 Million |
| 2010 | 0.00% | 5.39% | 0.64x | 0.00x | $302.04 Million |
| 2011 | 0.00% | 11.70% | 0.65x | 0.00x | $621.38 Million |
| 2012 | 402.39% | 9.08% | 0.62x | 71.05x | $434.10 Million |
| 2013 | 75.81% | 3.69% | 0.57x | 35.92x | $123.99 Million |
| 2014 | 431.99% | 8.74% | 0.59x | 83.95x | $326.03 Million |
| 2015 | 228.26% | 11.40% | 0.58x | 34.26x | $390.07 Million |
| 2016 | 0.00% | 3.75% | 0.51x | 0.00x | $122.22 Million |
| 2017 | 138.60% | 7.36% | 0.53x | 35.42x | $242.48 Million |
| 2018 | 177.92% | 5.64% | 0.54x | 58.31x | $171.02 Million |
| 2019 | 4.65% | 0.41% | 0.59x | 19.11x | $-15.31 Million |
| 2020 | -269.74% | -5.36% | 0.68x | 73.98x | $-197.55 Million |
| 2021 | 3.11% | 0.10% | 0.74x | 44.03x | $-7.76 Million |
| 2022 | 60.90% | 1.04% | 0.75x | 78.17x | $30.87 Million |
| 2023 | 0.00% | -11.81% | 0.76x | 0.00x | $-348.77 Million |
| 2024 | 0.00% | 0.51% | 0.60x | 0.00x | $68.09 Million |
| 2025 | 0.00% | 7.65% | 0.60x | 0.00x | $224.93 Million |
Industry Comparison
This section compares Pitney Bowes Inc's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $160,220,346
- Average return on equity (ROE) among peers: 1.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pitney Bowes Inc (PBI) | $-802.36 Million | 19.24% | N/A | $1.91 Billion |
| Addentax Group Corp (ATXG) | $26.05 Million | -11.94% | 1.01x | $4.01 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $7.50 Million | 5.37% | 0.19x | $12.97 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.35 Billion | 69.49% | 3.40x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $790.01K | 6.89% | 0.15x | $5.25 Million |
| Callan JMB Inc. Common Stock (CJMB) | $14.01 Million | 44.40% | 0.09x | $6.25 Million |
| Freightos Limited Ordinary shares (CRGO) | $21.66 Million | -114.04% | 0.93x | $100.01 Million |
| Cheetah Net Supply Chain Service Inc. Class A Common Stock (CTNT) | $-170.43K | 0.00% | 0.00x | $5.37 Million |
| Cryoport Inc (CYRX) | $-1.96 Million | 0.00% | 0.00x | $391.54 Million |
| Eastern International Ltd. (ELOG) | $9.05 Million | -10.34% | 1.26x | $10.51 Million |
| Expeditors International of Washington, Inc. (EXPD) | $171.85 Million | 22.35% | 1.00x | $19.44 Billion |
About Pitney Bowes Inc
Pitney Bowes Inc., operates as a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to small businesses, large enterprises, and government entities around the world. It operates through SendTech Solutions and Presort Services segments. The SendTech Solutions segment provides physical and digital shipping and mailing technology solutions, an… Read more