Pitney Bowes (FRA:PBW) EBIT: €283 Mil (TTM As of Mar. 2026)


FRA:PBW Pitney Bowes Inc FRA:PBW
58 GF Score
Price €14.81
GF Value €6.45
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Pitney Bowes EBIT?

Pitney Bowes FRA:PBW +0.82% 58 EBIT is €283 Mil as of Mar. 2026. GuruFocus rates FRA:PBW with a GF Score™ of 58/100 and a GF Value™ of €6.45 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Pitney Bowes's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €283 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pitney Bowes's annualized ROC % for the quarter that ended in Mar. 2026 was 10.33%. Pitney Bowes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 136.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pitney Bowes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.48%.

Pitney Bowes  (FRA:PBW) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Pitney Bowes's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=386.06 * ( 1 - 27.76% )/( (2754.236 + 2645.212)/ 2 )
=278.889744/2699.724
=10.33 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2706.284 - 334.077 - ( 253.74 - max(0, 1321.855 - 939.826+253.74))
=2754.236

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2722.421 - 673.314 - ( 271.626 - max(0, 1572.993 - 976.888+271.626))
=2645.212

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Pitney Bowes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=368.372/( ( (270.686 + max(-1023.522, 0)) + (269.931 + max(-946.439, 0)) )/ 2 )
=368.372/( ( 270.686 + 269.931 )/ 2 )
=368.372/270.3085
=136.28 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(143.557 + 56.57 + 59.31) - (334.077 + 789.058 + 159.824)
=-1023.522

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(137.178 + 54.159 + 95.049) - (673.314 + 559.511 + 0)
=-946.439

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Pitney Bowes's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=283.166/3784.954
=7.48 %

* 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 EBIT Related Terms

Pitney Bowes EBIT Historical Data

* Premium members only.

The historical data trend for Pitney Bowes's EBIT 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 EBIT Chart

Pitney Bowes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.18 260.50 50.30 55.17 251.06

Pitney Bowes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 65.68 55.67 80.27 55.13 92.09

FRA:PBW vs HUBG, CYRX, RLGT: EBIT Comparison

For the Integrated Freight & Logistics subindustry, Pitney Bowes's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Transportation Industry

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

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


FRA:PBW
58GF Score
Pitney Bowes Inc FRA:PBW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pitney Bowes EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €283 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €283 Mil mean?
Pitney Bowes (FRA:PBW) has a EBIT of €283 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pitney Bowes.
Is Pitney Bowes' EBIT too high?
Pitney Bowes' current EBIT is €283 Mil. 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' EBIT compare to HUBG and CYRX?
Pitney Bowes' EBIT of €283 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pitney Bowes. Pitney Bowes's current EBIT is €283 Mil. 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 (FRA:PBW) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.45, compared to a current price of €14.81 — trading 129.5% above its estimated fair value. The current EBIT is €283 Mil. Pitney Bowes' overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Pitney Bowes (FRA:PBW), the current EBIT is €283 Mil 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 (FRA:PBW) Overvalued in 2026?

Based on GuruFocus' analysis, Pitney Bowes stock appears to be overvalued. The current stock price of €14.81 is trading 129.5% above its estimated GF Value™ of €6.45. GuruFocus considers Pitney Bowes to be Significantly Overvalued.

Key valuation signals for FRA:PBW:

  • EBIT: €283 Mil
  • GF Value™: €6.45 vs. price of €14.81 (129.5% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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

Pitney Bowes Business Description

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 FRA:PBW

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

€14.81
Price
€6.45
GF Value