Pitney Bowes Inc (PBI) — Tangible Net Worth Ratio
Pitney Bowes Inc (PBI) has a Tangible Net Worth Ratio of -23.5% as of March 2023. This metric is calculated by deducting intangible assets ($74.03 Million) from net assets ($59.96 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Pitney Bowes Inc to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Pitney Bowes Inc Tangible Net Worth Ratio (1985–2022)
This chart shows how Pitney Bowes Inc's Tangible Net Worth Ratio has changed across 36 annual periods from 1985 to 2022. As of March 2023, the ratio stands at -23.5%, reflecting net assets of $59.96 Million with intangible assets of $74.03 Million USD. See operational self-sufficiency of Pitney Bowes Inc to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Pitney Bowes Inc (1985–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Pitney Bowes Inc from 1985 to 2022, covering 36 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Pitney Bowes Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -28.5% | $60.65 Million | $77.94 Million | $4.74 Billion | ▼ -10.9 pp |
| 2021 | -17.6% | $112.63 Million | $132.44 Million | $4.96 Billion | ▲ +108.7 pp |
| 2020 | -126.3% | $70.62 Million | $159.84 Million | $5.22 Billion | ▼ -159.7 pp |
| 2019 | 33.4% | $286.10 Million | $190.64 Million | $5.47 Billion | ▲ +142.7 pp |
| 2018 | -109.3% | $101.84 Million | $213.20 Million | $5.94 Billion | ▼ -65.0 pp |
| 2017 | -44.3% | $188.56 Million | $272.19 Million | $6.68 Billion | ▼ -104.9 pp |
| 2015 | 60.6% | $475.09 Million | $187.38 Million | $6.12 Billion | ▼ -17.4 pp |
| 2014 | 78.0% | $373.63 Million | $82.17 Million | $6.49 Billion | ▲ +41.9 pp |
| 2013 | 36.1% | $188.40 Million | $120.39 Million | $6.77 Billion | ▼ -23.1 pp |
| 2012 | 59.2% | $407.00 Million | $166.21 Million | $7.86 Billion | ▲ +41.8 pp |
| 2011 | 17.4% | $257.38 Million | $212.60 Million | $8.15 Billion | ▲ +66.3 pp |
| 2010 | -48.9% | $199.79 Million | $297.44 Million | $8.44 Billion | ▼ -46.8 pp |
| 2009 | -2.1% | $310.03 Million | $316.42 Million | $8.55 Billion | ▼ -31.0 pp |
| 2007 | 28.9% | $643.30 Million | $457.19 Million | $9.55 Billion | ▼ -40.9 pp |
| 2006 | 69.9% | $1.21 Billion | $365.19 Million | $8.61 Billion | ▼ -3.5 pp |
| 2005 | 73.3% | $1.30 Billion | $347.41 Million | $10.62 Billion | ▲ +9.3 pp |
| 2004 | 64.0% | $899.03 Million | $323.74 Million | $9.82 Billion | ▼ -17.3 pp |
| 2003 | 81.3% | $1.09 Billion | $203.61 Million | $8.89 Billion | ▲ +52.4 pp |
| 2002 | 28.9% | $1.16 Billion | $827.24 Million | $8.73 Billion | ▼ -18.2 pp |
| 2001 | 47.1% | $1.20 Billion | $635.87 Million | $8.32 Billion | ▼ -40.2 pp |
| 2000 | 87.2% | $1.59 Billion | $203.45 Million | $7.90 Billion | ▼ -1.0 pp |
| 1999 | 88.3% | $1.94 Billion | $226.80 Million | $8.22 Billion | ▼ -0.3 pp |
| 1998 | 88.6% | $1.96 Billion | $223.00 Million | $7.66 Billion | ▼ -2.0 pp |
| 1997 | 90.6% | $2.17 Billion | $203.40 Million | $7.89 Billion | ▼ -0.2 pp |
| 1996 | 90.8% | $2.24 Billion | $205.80 Million | $8.16 Billion | ▼ 0.0 pp |
| 1995 | 90.8% | $2.27 Billion | $208.70 Million | $7.84 Billion | ▲ +3.6 pp |
| 1994 | 87.3% | $1.75 Billion | $222.40 Million | $7.40 Billion | ▼ -0.4 pp |
| 1993 | 87.6% | $1.87 Billion | $231.30 Million | $6.79 Billion | ▼ -3.8 pp |
| 1992 | 91.4% | $1.65 Billion | $142.10 Million | $6.50 Billion | ▼ 0.0 pp |
| 1991 | 91.4% | $1.80 Billion | $154.80 Million | $6.38 Billion | ▲ +1.4 pp |
| 1990 | 90.1% | $1.59 Billion | $158.10 Million | $6.06 Billion | ▲ +0.6 pp |
| 1989 | 89.5% | $1.43 Billion | $150.40 Million | $5.61 Billion | ▼ -4.8 pp |
| 1988 | 94.3% | $1.26 Billion | $72.40 Million | $4.79 Billion | ▼ 0.0 pp |
| 1987 | 94.3% | $1.03 Billion | $58.50 Million | $2.43 Billion | ▲ +2.5 pp |
| 1986 | 91.8% | $744.20 Million | $60.90 Million | $2.03 Billion | ▼ -0.1 pp |
| 1985 | 91.9% | $781.90 Million | $63.40 Million | $1.76 Billion | — |