Discounted Cash Flow

Pitney Bowes Inc. /De/

PBI · Based on 10 years of SEC filings

DCF estimate unavailable — only_6_profitable_out_of_10

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $3.4b $92.8m $329.9m 2.7% $0.49
2017 $3.5b (4.2%) $261.3m (181.6%) $324.8m (-1.5%) 7.4% (170.2%) $1.40 (185.7%)
2018 $2.6b (-25.9%) $223.7m (-14.4%) $200.8m (-38.2%) 8.5% (15.5%) $1.19 (-15.0%)
2019 $3.2b (21.9%) $194.6m (-13.0%) $115.0m (-42.8%) 6.1% (-28.6%) $1.10 (-7.6%)
2020 $3.6b (10.9%) $-181.5m (-193.3%) $197.0m (71.4%) -5.1% (-184.1%) $-1.06 (-196.4%)
2021 $3.7b (3.4%) $-1.4m (99.3%) $117.5m (-40.4%) -0.0% (99.3%) $-0.01 (99.1%)
2022 $3.5b (-3.7%) $36.9m (2834.3%) $51.1m (-56.5%) 1.0% (2939.0%) $0.21 (2200.0%)
2023 $3.3b (-7.7%) $-385.6m (-1143.9%) $-22.8m (-144.6%) -11.8% (-1230.8%) $-2.20 (-1147.6%)
2024 $2.0b (-38.0%) $-203.6m (47.2%) $156.8m (788.0%) -10.0% (14.9%) $-1.13 (48.6%)
2025 $1.9b (-6.6%) $144.7m (171.1%) $317.0m (102.2%) 7.6% (176.1%) $0.84 (174.3%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

only_6_profitable_out_of_10

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.