Pitney Bowes Inc. (PBI) vs United Parcel Service, Inc. (UPS)

Pitney Bowes Inc. and United Parcel Service, Inc. are both Integrated Freight & Logistics companies. United Parcel Service, Inc. is the larger, with a market value of $78.7B against $2.2B — 35.1× the size. Pitney Bowes Inc. trades at the lower P/E: 13.1× against 17.4×. United Parcel Service, Inc. grew revenue faster over the last twelve months: −0.42% against −5.31%. Pitney Bowes Inc. has the higher net margin (10.0% vs 5.08%) and the higher return on invested capital (27.8% vs 11.8%). Both pay a dividend; Pitney Bowes Inc. yields more (6.38% vs 4.44%). Across the 22 metrics below, Pitney Bowes Inc. leads on 12 and United Parcel Service, Inc. on 10.

Valuation

Metric PBI UPS Integrated Freight & Logistics median
P/E 13.10 17.43 21.28
P/S 1.20 0.89 0.71
P/B n/m 5.30 1.67
Price to free cash flow 5.39 12.77 15.27
EV/EBITDA 7.87 9.56 8.95
EV/Sales 2.14 1.11 1.06
Earnings yield 7.63% 5.74% (1.34%)
Free cash flow yield 18.55% 7.83% 0.00%

Profitability

Metric PBI UPS Integrated Freight & Logistics median
Gross margin 54.08% 78.35% 26.33%
Operating margin 21.22% 7.31% 0.92%
Net margin 10.04% 5.08% (0.14%)
Free cash flow margin 22.25% 6.97% 0.00%
Return on equity (26.76%) 29.60% 0.00%
Return on assets 5.99% 6.43% 0.00%
Return on invested capital 27.75% 11.77% 0.00%

Growth

Metric PBI UPS Integrated Freight & Logistics median
Revenue growth (TTM) (5.31%) (0.42%) 6.03%
EPS growth (last fiscal year) 175.00% (2.81%) —
Revenue growth, 5-year CAGR (11.84%) 0.94% 2.88%
Net income growth, 5-year CAGR 0.00% 32.92% 0.00%

Health

Metric PBI UPS Integrated Freight & Logistics median
Debt to equity (2.36) 1.62 0.12
Current ratio 0.73 1.18 1.57
Net debt to EBITDA 3.79 1.57 0.86

Dividend

Metric PBI UPS Integrated Freight & Logistics median
Dividend yield 6.38% 4.44% 2.25%
Payout ratio 1.11 0.54 0.13

Size

Metric PBI UPS Integrated Freight & Logistics median
Market cap 2.24b 78.73b 56.42m

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