Pitney Bowes Inc. ("we, us, our, or the company") is a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world - including more than 90 percent of the Fortune 500. Small businesses to large enterprises, and government entities rely on Pitney Bowes to reduce the complexity of sending mail and parcels.
$18.51
+$0.00 (+0.00%)
EOD Jul 17, 2026
Operating margin is thin at 9.93%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 6.9% YoY. The question is whether this is cyclical or a structural shift.
Net debt of $1.86B represents 5.9x FCF, leverage limits flexibility.
17.8x earnings, 7.2x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$1.87B
▼ -6.9% YoY
Net Income (TTM)
$167M
▲ +171.1% YoY
Op. Margin
11.83%
▲ +12.5pp YoY
ROIC
7.50%
▲ +8.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$379M
▲ +102.2% YoY
Op. Cash Flow (TTM)
$444M
▲ +67.2% YoY
Net Debt
$1.95B
Cash & Equiv.
$314M
5Y CAGR: -11.9%
5Y CAGR: +10.0%
Continue Research
At a P/E of 17.8 and a price-to-free-cash-flow of 7.2, Pitney Bowes (PBI) trades below a two-stage DCF intrinsic value of about $116.21 per share, so at $18.51 the stock looks undervalued (527.8% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Pitney Bowes scores 64/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.0%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $116.21 per share for PBI, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $87.16. At today's $18.51, that puts the stock about 527.8% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Pitney Bowes scores 64 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 11.8% operating margin and a 7.5% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Pitney Bowes pays a regular dividend of about $0.36 per share per year (typically in quarterly installments), a yield of roughly 2.0% at the current price. That is a payout ratio of about 31.9% of earnings, so the dividend is amply covered by earnings. Pitney Bowes has grown the dividend at roughly 10.1% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For PBI's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. PBI currently trades below its estimated intrinsic value and scores 64/100 on quality (solid). It also yields about 2.0%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.