Pitney Bowes Debt-to-Equity Ratio Growth & History (PBI)
Pitney Bowes's debt-to-equity ratio was 42.52 for fiscal 2022.
View full Pitney Bowes company overviewPitney Bowes annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | 42.52 | 19.38 | +83.75% |
| 2021 | 2021-12-31 | 23.14 | −16.61 | −41.79% |
| 2020 | 2020-12-31 | 39.75 | 29.50 | +287.78% |
| 2019 | 2019-12-31 | 10.25 | −23.49 | −69.61% |
| 2018 | 2018-12-31 | 33.74 | −91.63 | −73.09% |
| 2017 | 2017-12-31 | 125.37 | — | — |
| 2015 | 2015-12-31 | 16.51 | −25.58 | −60.78% |
| 2014 | 2014-12-31 | 42.09 | 25.78 | +158.09% |
| 2013 | 2013-12-31 | 16.31 | −15.22 | −48.28% |
| 2012 | 2012-12-31 | 31.53 | — | — |
Pitney Bowes quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2023 | 2023-03-31 | 41.41 | 14.63 | +54.66% |
| Q4 2022 | 2022-12-31 | 42.52 | 19.38 | +83.75% |
| Q2 2022 | 2022-06-30 | 56.37 | 6.67 | +13.43% |
| Q1 2022 | 2022-03-31 | 26.77 | −111.68 | −80.66% |
| Q4 2021 | 2021-12-31 | 23.14 | −16.61 | −41.79% |
| Q3 2021 | 2021-09-30 | 52.90 | 17.18 | +48.10% |
| Q2 2021 | 2021-06-30 | 49.70 | −16.03 | −24.39% |
| Q1 2021 | 2021-03-31 | 138.46 | 42.05 | +43.62% |
| Q4 2020 | 2020-12-31 | 39.75 | 29.50 | +287.78% |
| Q3 2020 | 2020-09-30 | 35.72 | −92.64 | −72.17% |
| Q2 2020 | 2020-06-30 | 65.73 | 0.71 | +1.09% |
| Q1 2020 | 2020-03-31 | 96.40 | 56.78 | +143.29% |
| Q4 2019 | 2019-12-31 | 10.25 | −23.49 | −69.61% |
| Q3 2019 | 2019-09-30 | 128.35 | 98.09 | +324.08% |
| Q2 2019 | 2019-06-30 | 65.02 | −7.96 | −10.90% |
| Q1 2019 | 2019-03-31 | 39.62 | −17.22 | −30.29% |
| Q4 2018 | 2018-12-31 | 33.74 | −91.63 | −73.09% |
| Q3 2018 | 2018-09-30 | 30.27 | −11.22 | −27.04% |
| Q2 2018 | 2018-06-30 | 72.97 | −47.16 | −39.26% |
| Q1 2018 | 2018-03-31 | 56.84 | — | — |
| Q4 2017 | 2017-12-31 | 125.37 | — | — |
| Q3 2017 | 2017-09-30 | 41.48 | 15.67 | +60.72% |
| Q2 2017 | 2017-06-30 | 120.14 | 80.88 | +206.04% |
| Q3 2016 | 2016-09-30 | 25.81 | 4.74 | +22.51% |
| Q2 2016 | 2016-06-30 | 39.26 | 23.61 | +150.89% |
| Q1 2016 | 2016-03-31 | 24.70 | −31.28 | −55.87% |
| Q4 2015 | 2015-12-31 | 16.51 | −25.58 | −60.78% |
| Q3 2015 | 2015-09-30 | 21.07 | 9.43 | +81.11% |
| Q2 2015 | 2015-06-30 | 15.65 | 4.15 | +36.08% |
| Q1 2015 | 2015-03-31 | 55.98 | 39.80 | +246.02% |
| Q4 2014 | 2014-12-31 | 42.09 | 25.78 | +158.09% |
| Q3 2014 | 2014-09-30 | 11.63 | −118.70 | −91.07% |
| Q2 2014 | 2014-06-30 | 11.50 | −81.92 | −87.69% |
| Q1 2014 | 2014-03-31 | 16.18 | −38.92 | −70.64% |
| Q4 2013 | 2013-12-31 | 16.31 | −15.22 | −48.28% |
| Q3 2013 | 2013-09-30 | 130.33 | 100.80 | +341.34% |
| Q2 2013 | 2013-06-30 | 93.42 | 48.12 | +106.22% |
| Q1 2013 | 2013-03-31 | 55.10 | 8.30 | +17.74% |
| Q4 2012 | 2012-12-31 | 31.53 | — | — |
| Q3 2012 | 2012-09-30 | 29.53 | — | — |
| Q2 2012 | 2012-06-30 | 45.30 | — | — |
| Q1 2012 | 2012-03-31 | 46.80 | — | — |
| Q3 2009 | 2009-09-30 | 54.44 | — | — |
Pitney Bowes debt-to-equity ratio trends
Over the last five fiscal years, Pitney Bowes's debt-to-equity ratio decreased from 125.37 to 42.52, a change of −82.84. The latest reported quarter, Q1 2023, shows 41.41.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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