Pitney BowesPBI +1.88%58 Operating Margin % is 23.37% as of Mar. 2026, which is 108% above its 10-year median of 11.25. GuruFocus rates PBI with a GF Score™ of 58/100 and a GF Value™ of $7.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,007 Transportation companies, Pitney Bowes ranks better than 82.52% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Pitney Bowes's Operating Income for the
three
months ended in Mar. 2026 was $112 Mil. Pitney Bowes's Revenue for the
three
months ended in Mar. 2026 was $477 Mil. Therefore, Pitney Bowes's Operating Margin % for the quarter that ended in Mar. 2026 was 23.37%.
Good Sign:
Pitney Bowes Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Pitney Bowes's Operating Margin % or its related term are showing as below:
PBI'
s Operating Margin % Range Over the Past 10 Years
Min: 4.11 Med: 11.25 Max: 21.42
Current: 21.42
PBI's Operating Margin % is ranked better than 82.52% of 1007
companies
in the Transportation industry
Industry Median: 7.36
vs PBI: 21.42
Pitney Bowes's 5-Year Average Operating Margin % Growth Rate was 40.30% per year.
Pitney Bowes's Operating Income for the
three
months ended in Mar. 2026 was $112 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $402 Mil.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Pitney Bowes Operating Margin % Related Terms
Pitney Bowes Operating Margin % Historical Data
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The historical data trend for Pitney Bowes's Operating Margin % 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.
PBI vs HUBG, CYRX, RLGT: Operating Margin % Comparison
For the Integrated Freight & Logistics subindustry, Pitney Bowes's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Pitney Bowes's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Pitney Bowes's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Pitney Bowes's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (PBI) has a Operating Margin % of 23.37% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Pitney Bowes and its competitors. This is 108% above median its historical median of 11.25. Over the past decade, Pitney Bowes' Operating Margin % has ranged from 4.11 to 21.42. According to the industry distribution chart, Pitney Bowes ranks #176 out of 1007 companies in the Transportation industry, placing it in the top 17.5%.
Is Pitney Bowes' Operating Margin % too high?
Pitney Bowes' current Operating Margin % of 23.37% is 108% above median its 10-year median of 11.25. Over the past 10 years, this metric has ranged from a low of 4.11 to a high of 21.42. The Transportation industry median Operating Margin % is 7.36. Pitney Bowes' value of 23.37% is 217.5% above this industry median. Based on the distribution chart, Pitney Bowes ranks #176 out of 1007 companies in the Transportation industry, which is in the top quartile — a strong position 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' Operating Margin % compare to HUBG and CYRX?
According to the Transportation industry distribution chart, Pitney Bowes ranks #176 out of 1007 companies for Operating Margin %. This places Pitney Bowes in the top 18% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.36. Pitney Bowes' value of 23.37% is 217.5% above this benchmark. Historically, Pitney Bowes' own Operating Margin % has ranged from 4.11 to 21.42 over the past decade. While the company's 10-year median is 11.25 vs. the industry median of 7.36, 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 Operating Margin % for a Transportation company?
The median Operating Margin % among Transportation companies is 7.36, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pitney Bowes's current Operating Margin % of 23.37% is 217.5% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Pitney Bowes and its competitors. For the Transportation industry, the median Operating Margin % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pitney Bowes's current Operating Margin % is 23.37%, which is 108% above median its own 10-year median of 11.25. 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 $7.57, compared to a current price of $17.37 — trading 129.5% above its estimated fair value. The current Operating Margin % is 23.37%, which is 108% above median its 10-year median of 11.25 and 217.5% above the Transportation industry median of 7.36. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Pitney Bowes (PBI), the current Operating Margin % is 23.37% 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 $17.37 is trading 129.5% above its estimated GF Value™ of $7.57.
GuruFocus considers Pitney Bowes to be Significantly Overvalued.
Key valuation signals for PBI:
Operating Margin %: 23.37% (108% above median its 10-year median of 11.25)
GF Value™: $7.57 vs. price of $17.37 (129.5% above fair value)
Industry Position: 217.5% above the Transportation median (#176 of 1007)
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.
58GF Score
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