PBI (Pitney Bowes) Debt-to-EBITDA : 4.29 (As of Mar. 2026) — 54% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PBI Pitney Bowes Inc PBI
58 GF Score
Price $17.66
GF Value $7.65
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Pitney Bowes Debt-to-EBITDA?

Pitney Bowes PBI -0.95% 58 Debt-to-EBITDA is 4.29 as of Mar. 2026, which is 54% below its 10-year median of 9.34. GuruFocus rates PBI with a GF Score™ of 58/100 and a GF Value™ of $7.65 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 871 Transportation companies, Pitney Bowes ranks worse than 75.55% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Pitney Bowes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $393 Mil. Pitney Bowes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,875 Mil. Pitney Bowes's annualized EBITDA for the quarter that ended in Mar. 2026 was $528 Mil. Pitney Bowes's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.29.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Pitney Bowes's Debt-to-EBITDA or its related term are showing as below:

PBI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.18   Med: 9.34   Max: 33.54
Current: 5.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pitney Bowes was 33.54. The lowest was 5.18. And the median was 9.34.

PBI's Debt-to-EBITDA is ranked worse than
75.55% of 871 companies
in the Transportation industry
Industry Median: 2.64 vs PBI: 5.18

Pitney Bowes  (NYSE:PBI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Pitney Bowes Debt-to-EBITDA Related Terms


Pitney Bowes Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Pitney Bowes's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pitney Bowes Debt-to-EBITDA Chart

Pitney Bowes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.13 6.52 13.74 11.89 5.23

Pitney Bowes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.14 5.44 4.57 5.79 4.29

PBI vs HUBG, CYRX, FWRD: Debt-to-EBITDA Comparison

For the Integrated Freight & Logistics subindustry, Pitney Bowes's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pitney Bowes Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Pitney Bowes's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Pitney Bowes's Debt-to-EBITDA falls into.


PBI
58GF Score
Pitney Bowes Inc PBI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pitney Bowes Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Pitney Bowes's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(45.546 + 2075.645) / 405.559
=5.23

Pitney Bowes's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(393.258 + 1874.967) / 528.428
=4.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.29 mean?
Pitney Bowes (PBI) has a Debt-to-EBITDA of 4.29 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Pitney Bowes. This is 54% below median its historical median of 9.34. Over the past decade, Pitney Bowes' Debt-to-EBITDA has ranged from 5.18 to 33.54. According to the industry distribution chart, Pitney Bowes ranks #658 out of 871 companies in the Transportation industry, placing it in the top 75.5%.
Is Pitney Bowes' Debt-to-EBITDA too high?
Pitney Bowes' current Debt-to-EBITDA of 4.29 is 54% below median its 10-year median of 9.34. Over the past 10 years, this metric has ranged from a low of 5.18 to a high of 33.54. The Transportation industry median Debt-to-EBITDA is 2.64. Pitney Bowes' value of 4.29 is 62.5% above this industry median. Based on the distribution chart, Pitney Bowes ranks #658 out of 871 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Pitney Bowes has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pitney Bowes' Debt-to-EBITDA compare to HUBG and CYRX?
According to the Transportation industry distribution chart, Pitney Bowes ranks #658 out of 871 companies for Debt-to-EBITDA. This places Pitney Bowes in the lower half of its industry. The industry median Debt-to-EBITDA is 2.64. Pitney Bowes' value of 4.29 is 62.5% above this benchmark. Historically, Pitney Bowes' own Debt-to-EBITDA has ranged from 5.18 to 33.54 over the past decade. While the company's 10-year median is 9.34 vs. the industry median of 2.64, Pitney Bowes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 871 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pitney Bowes's current Debt-to-EBITDA of 4.29 is 62.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Pitney Bowes. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pitney Bowes's current Debt-to-EBITDA is 4.29, which is 54% below median its own 10-year median of 9.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pitney Bowes stock overvalued right now?
Based on GuruFocus' analysis, Pitney Bowes (PBI) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.65, compared to a current price of $17.66 — trading 130.8% above its estimated fair value. The current Debt-to-EBITDA is 4.29, which is 54% below median its 10-year median of 9.34 and 62.5% above the Transportation industry median of 2.64. Pitney Bowes' overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Pitney Bowes (PBI), the current Debt-to-EBITDA is 4.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pitney Bowes (PBI) Overvalued in 2026?

Based on GuruFocus' analysis, Pitney Bowes stock appears to be overvalued. The current stock price of $17.66 is trading 130.8% above its estimated GF Value™ of $7.65. GuruFocus considers Pitney Bowes to be Significantly Overvalued.

Key valuation signals for PBI:

  • Debt-to-EBITDA: 4.29 (54% below median its 10-year median of 9.34)
  • GF Value™: $7.65 vs. price of $17.66 (130.8% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 62.5% above the Transportation median (#658 of 871)

No single metric tells the full story. See the PBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pitney Bowes Business Description

Other Exchanges PBW:GermanyPBI:Argentina
Address 27 Waterview Drive, Shelton, CT, USA, 06484
Pitney Bowes Inc is a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the globe. The company's reportable segments are SendTech Solutions and Presort Services. SendTech Solutions includes the revenue and related expenses from physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats. Presort Services includes the revenue and related expenses from sortation services to qualify large volumes of First Class Mail, Marketing Mail and Marketing Mail Flats/Bound Printed Matter for postal work sharing discounts. It derives maximum revenue from SendTech Solutions.
58GF Score

Get the complete analysis for PBI

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.66
Price
$7.65
GF Value