Valuation, from the filing
| Public float | $2.00B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $13.34 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 13.8× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 1.1× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
13.8× earnings today, against a median of 12.7× across 6 years on record. In line with its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $2.00B | 13.8× | |
| 2022-06-30 | $628.00M | 17.0× | |
| 2019-06-30 | $732.00M | 3.8× | |
| 2018-06-30 | $1.60B | 6.6× | |
| 2017-06-30 | $2.80B | 11.5× | |
| 2016-06-30 | $3.30B | 35.6× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
PITNEY BOWES INC /DE/ (PBI) reported revenue of $1.86B and net income of $188.05M for the fiscal year ended 2026-09-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from PITNEY BOWES INC /DE/’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2026-09-30 |
|---|---|
| Revenue | $1.86B |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | Unavailable |
| Net income | $188.05M |
| Research & development | $14.06M |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $254.43M |
| Income tax expense | $66.38M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $542.28M |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-09-30 |
|---|---|
| Cash & equivalents | $268.51M |
| Total assets | $2.99B |
| Current assets | $1.04B |
| Total liabilities | $3.83B |
| Current liabilities | $1.50B |
| Total equity incl. NCI | -$836.74M |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $63.02M |
| Accounts receivable | $162.17M |
| Goodwill | $739.19M |
| Long-term debt | $1.86B |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-09-30 |
|---|---|
| Operating cash flow | $569.91M |
| Capital expenditures | $65.29M |
| Investing cash flow | -$43.20M |
| Financing cash flow | -$578.07M |
| Net change in cash | -$52.48M |
| Stock-based compensation | $16.07M |
| Common dividends paid | $54.75M |
| Common share repurchases | Unavailable |
| Depreciation & amortization | $99.13M |
Derived
| Metric | 2026-09-30 |
|---|---|
| Free cash flow | $504.62M |
| Gross margin | Unavailable |
| Operating margin | Unavailable |
| FCF margin | 27.1% |
| SBC / revenue | 0.9% |
| Current ratio | 0.70x |
| Revenue YoY growth | -3.5% |
| Net margin | 10.1% |
| R&D / revenue | 0.8% |
| CapEx / revenue | 3.5% |
| Long-term debt / equity | Unavailable |
| Effective tax rate | 26.1% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open PBI in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.