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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Pitney Bowes's intangible assets for the quarter that ended in Jun. 2026 was $753 Mil.
If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.
The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.
Some intangibles are amortized. Amortization is the depreciation of intangible assets.
Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.
Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.
If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.
Intangibles acquired are on balance sheet at fair value.
Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.
One of the reasons competitive advantage power can remain hidden for so long.
Be Aware
Companies may change the way intangible assets are amortized, and this will affect their reported earnings.
Pitney Bowes Intangible Assets Related Terms
Pitney Bowes Intangible Assets Historical Data
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The historical data trend for Pitney Bowes's Intangible Assets 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.
Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.
Pitney Bowes (PBI) has a Intangible Assets of $753 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Pitney Bowes and its competitors.
Is Pitney Bowes' Intangible Assets too high?
Pitney Bowes' current Intangible Assets is $753 Mil. Overall, Pitney Bowes has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pitney Bowes' Intangible Assets compare to HUBG and CYRX?
Pitney Bowes' Intangible Assets of $753 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 Intangible Assets for a Transportation company?
A good Intangible Assets depends on the Transportation industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Pitney Bowes and its competitors. Pitney Bowes's current Intangible Assets is $753 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 (PBI) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.01, compared to a current price of $17.42 — trading 93.3% above its estimated fair value. The current Intangible Assets is $753 Mil. Pitney Bowes' overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Pitney Bowes (PBI), the current Intangible Assets is $753 Mil as of Jun. 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 $17.42 is trading 93.3% above its estimated GF Value™ of $9.01.
GuruFocus considers Pitney Bowes to be Significantly Overvalued.
Key valuation signals for PBI:
Intangible Assets: $753 Mil
GF Value™: $9.01 vs. price of $17.42 (93.3% above fair value)
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 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.
56GF Score
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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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