PBI Pitney Bowes margins

Relative Growth: Rel. Growth: 66

Relative Strength: Rel. Strength: 85

Relative Valuation: Rel. Valuation: 92

Relative Profitability: Rel. Profitability: 63

Gross margin

54.1%

Operating margin

19.3%

EBITDA margin

24.8%

Net margin

10%

At present, Pitney Bowes reports a gross margin of 54.1%, an operating margin of 19.3%, an EBITDA margin of 24.8%, and a net margin of 10%. Each available margin increased from the same period last year. EBITDA margin recorded the strongest gain, rising by 27.1 percentage points.

PBI margin history

Gross, operating, EBITDA and net margin trends

Pitney Bowes's margins averaged 52.04% gross, 7.52% operating, 3.7% EBITDA, and -5.47% net over the last 3 years. Compared with their three-year averages, all four current margins are higher.

PBI margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 0.5 percentage points, operating margin by 14.3 percentage points, EBITDA margin by 27.1 percentage points, and net margin by 15.6 percentage points, led by EBITDA margin with an increase of 27.1 percentage points.

Gross margin expansion

0.5pp

Operating margin expansion

14.3pp

EBITDA margin expansion

27.1pp

Net margin expansion

15.6pp

PBI Gross margin

Across the last 3 years, Pitney Bowes recorded an average gross margin of 52.04%. Right now, Pitney Bowes's current gross margin is 54.1%, which is 2.1 percentage points above its three-year average. The highest gross margin for Pitney Bowes was 54.1% in Jun 2026, while the lowest was 44.7% in Mar 2024.

PBI Operating margin

Over the last 3 years, Pitney Bowes recorded an average operating margin of 7.52%. Pitney Bowes currently reports an operating margin of 19.3%, 11.8 percentage points above its three-year average. The highest operating margin for Pitney Bowes was 19.3% in Jun 2026, while the lowest was -1.5% in Mar 2024.

PBI EBITDA margin

Pitney Bowes's EBITDA margin averaged 3.7% over the last 3 years. Compared with its three-year average, Pitney Bowes's current EBITDA margin is 24.8% and is 21.1 percentage points above its three-year average. Over the last 3 years, Pitney Bowes's EBITDA margin peaked at 24.8% in Jun 2026 and reached a low of -15.4% in Sep 2024.

PBI Net margin

Over the last 3 years, Pitney Bowes recorded an average net margin of -5.47%. The latest net margin for Pitney Bowes is 10%, 15.5 percentage points above its three-year average. The highest net margin for Pitney Bowes was 10% in Jun 2026, while the lowest was -19.1% in Sep 2024.

PBI margin group comparison

Margins compared with peer-group, industry and sector averages

Pitney Bowes's gross margin of 54.1% is higher than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 32.7%, Pitney Bowes's gross margin is 65% higher.

PBI margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Pitney Bowes's gross margin?

As of Jun 30, 2026, PBI has a gross margin of 54.1%.

What is Pitney Bowes's operating margin?

As of Jun 30, 2026, PBI has an operating margin of 19.3%.

What is Pitney Bowes's EBITDA margin?

For the period ending Jun 30, 2026, PBI recorded an EBITDA margin of 24.8%.

What is Pitney Bowes's net margin?

As of Jun 30, 2026, PBI has a net margin of 10%.

What are the average margins of PBI?

Across the last 3 years, PBI averaged 52.0% gross, 7.5% operating, 3.7% EBITDA, and -5.5% net.

What are the highest historical margins of PBI?

Across the 5-year period, PBI posted its highest margins at 54.1% gross in Jun 2026, 19.3% operating in Jun 2026, 24.8% EBITDA in Jun 2026, and 10% net in Jun 2026.

What are the lowest historical margins of PBI?

Pitney Bowes's lowest recorded margins during the past 5 years were 29.8% gross in Sep 2022, -1.5% operating in Mar 2024, -15.4% EBITDA in Sep 2024, and -19.1% net in Sep 2024.