Pitney Bowes Inc (Pitney Bowes) is a provider of shipping and mailing services. The company offers cross-border solutions, domestic parcel services, digital delivery services, mail sortation services, fulfillment services, pick, pack and ship services. It also offers e-commerce and retail solutions, mailing equipment and software, mailing services, parcel locker, package tracking solutions, and mail accounting and expense management. The company’s financial services include line of credit, prepaid deposit account, equipment financing, and working capital. The company markets its products and solutions through direct and inside sales force, direct mailings, telemarketing, global and regional partner channels, and digital channels. Pitney Bowes is headquartered in Stamford, Connecticut, the US.
Headquarters
United States of America
Address
1 Elmcroft Road, Pitney Bowes Inc, Stamford, Connecticut, 06926-0700
Website
www.pitneybowes.com/us
Telephone
1 203 3565000
No of Employees
11,500
Industry
Technology and Communications
Ticker Symbol & Exchange
PBI (NYSE)
Revenue (2022)
$3.7B
3.4%
(2022 vs 2021)
EPS
XXX
Net Income (2022)
XXX
99.3%
(2022 vs 2021)
Market Cap*
$774.3M
Net Profit Margin (2022)
XXX
99.2%
(2022 vs 2021)
* As of and is in US$
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Products and Services
| Products | Services |
|---|---|
| Solutions: | Mailing |
| Office Ship and Mail: | First Class Mail |
| Postage Meters | Marketing Mail/Direct Mail |
| XXX | XXX |
| XXX | XXX |
| XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In January, the company launched the SendPro MailCenter. |
| 2022 | New Products/Services | In November, the company announced the launch of PitneyShip Cube, an all-in-one Wi-Fi enabled thermal shipping label printer with integrated scale. |
| 2022 | New Products/Services | In October, the company announced the expansion of its next-generation SaaS shipping platform, Shipping 360, with the addition of two new applications. |
Competitor Comparison
| Key Parameters | Pitney Bowes Inc | FedEx Corp | Fiserv Inc | Fidelity National Information Services Inc | Rockwell Automation Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Stamford | Memphis | Brookfield | Jacksonville | Milwaukee |
| State/Province | Connecticut | Tennessee | Wisconsin | Florida | Wisconsin |
| No. of Employees | 11,500 | 191,000 | 44,000 | 65,000 | 26,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marc B. Lautenbach | Director; President; Chief Executive Officer | Executive Board | 2012 | 60 |
| Ana Maria Chadwick | Chief Financial Officer; Executive Vice President | Senior Management | 2021 | 50 |
| Joseph R. Catapano | Vice President - Finance; Chief Accounting Officer | Senior Management | 2019 | - |
| Joseph Schmitt | Senior Vice President; Chief Information Officer | Senior Management | - | - |
| Bill Borrelle | Senior Vice President; Chief Marketing Officer | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
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