PBI vs ZBRA vs FDX Stock Comparison

Pitney Bowes, Zebra Technologies and Fedex Prices as of Oct 28, 2026 Peers: Industry group
PBI Pitney Bowes Inc /De/
$17.43 +6.4% 1M +47.8% 1Y
Market cap
$2.39B
P/E
12.7x
Revenue (TTM)
$1.87B
Div. yield
0.02%
Office Equipment Industrials
6 wins
ZBRA Zebra Technologies Corp
$384.70 +3.5% 1M +40.2% 1Y
Market cap
$18.42B
P/E
34.2x
Revenue (TTM)
$5.85B
Div. yield
–
Electronic Components Technology
1 win
FDX Fedex Corp
$304.87 +5.2% 1M +51.6% 1Y
Market cap
$72.17B
P/E
16.3x
Revenue (TTM)
$94.72B
Div. yield
–
Parcel Delivery Industrials
4 wins

Head to Head

11 decided of 12

Pitney Bowes leads on 6 of the 12 questions below (Pitney Bowes 6, Fedex 4, Zebra Technologies 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPBIZBRAFDXLeader
Larger companyMarket capitalisation $2.39B $18.42B $72.17B FDX
Cheaper on earningsLower P/E, profitable companies only 12.7x 34.2x 16.3x PBI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.7x 17.0x 18.1x PBI
Faster revenue growthRevenue growth, trailing twelve months -5.3% +12.7% +7.7% ZBRA
More profitableNet margin, trailing twelve months 10.0% 9.2% 4.7% PBI
Better return on capitalReturn on invested capital 18.8% 10.6% 7.5% PBI
Less leveragedLower net debt / EBITDA 4.2x 2.4x 1.2x FDX
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +47.8% +40.2% +51.6% FDX
Better 5-year returnAnnualised price return, 5 years +20.2%/yr -6.4%/yr +10.0%/yr PBI
Less volatileAnnualised volatility, 1 year 34.2% 45.5% 28.2% FDX
Higher overall scoreMean of the five percentile scores vs peers 77/100 62/100 43/100 PBI

Percentile Scorecard

PBIZBRAFDX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisPBIZBRAFDX
Valuation 92 #10 of 113 69 #35 of 111 52 #66 of 136
Growth 92 #9 of 96 46 #59 of 108 59 #51 of 122
Profitability 96 #5 of 92 85 #17 of 104 48 #61 of 116
Financial Health 16 #105 of 125 18 #94 of 115 47 #77 of 143
Shareholder Returns 89 #8 of 67 94 #6 of 78 10 #73 of 81
Overall 77 62 43
  • PBI ranked among 130 companies in Business Services
  • ZBRA ranked among 121 companies in Computer Hardware
  • FDX ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodPBIZBRAFDXSPY
1 month +6.4%+3.5%+5.2% +0.9%
3 months -1.4%+35.9%-1.2% +5.9%
6 months +10.7%+78.5%-2.6% +8.5%
Year to date +64.9%+58.4%+31.0% +13.3%
1 year +47.8%+40.2%+51.6% +12.4%
3 years +469.6%+85.7%+65.3% +88.1%
3 years, per year +78.7%+22.9%+18.3% +23.5%
5 years +151.2%-28.0%+60.6% +68.2%
5 years, per year +20.2%-6.4%+10.0% +11.0%
10 years -3.6%+480.5%+117.1% +263.4%
10 years, per year -0.4%+19.2%+8.1% +13.8%

Risk

MeasurePBIZBRAFDXSPY
Volatility, 1Y 34.2%45.5%28.2% 12.7%
Downside volatility, 1Y 34.4%38.0%27.4% 12.7%
Beta vs S&P 500, 1Y 0.701.700.78 1.00
Return / volatility, 1Y 1.400.881.83 0.98
Max drawdown, 5Y -70.9%-67.8%-46.1% -25.4%
From 52-week high -5.9%-1.6%-10.2% -0.9%
52-week high $18.52$391.00$339.38 $779.14
52-week low $9.02$199.30$200.59 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultiplePBIZBRAFDX
P/E now vs peer median 12.7xmedian 21.5x 34.1xmedian 33.5x 16.3xmedian 16.1x
P/S now vs peer median 1.3xmedian 0.9x 3.1xmedian 2.8x 0.8xmedian 0.9x
EV/EBITDA now vs peer median 9.9xmedian 11.9x 19.4xmedian 19.6x 8.5xmedian 8.6x
P/FCF now vs peer median 5.8xmedian 13.9x 20.1xmedian 29.8x 15.9xmedian 11.6x
P/B now vs peer median -2.8xmedian 2.3x 5.3xmedian 2.9x 2.3xmedian 1.2x
PEG now vs peer median 0.23median 0.92 -9.01median 1.10 2.64median 0.80

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsPBIZBRAFDX
Revenue $1.87B $5.85B $94.72B
Gross profit $1.06B $2.90B –
Operating income $306.05M $858.00M $5.46B
Net income $187.35M $539.00M $4.43B
Free cash flow $415.24M $904.00M $4.54B
R&D $14.09M $622.00M –
EPS (diluted) $1.35 $11.20 $18.55
Cash & equivalents $266.83M $157.00M $13.06B
Total debt $2.03B $2.77B $24.97B
Shares (diluted) 139.04M 48.13M 239.00M
Enterprise value $1.16B $16.97B $38.37B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricPBIZBRAFDX
P/E 12.7x 34.1x 16.3x
P/FCF 5.8x 20.1x 15.9x
P/Operating cash flow 4.9x 18.6x 8.8x
P/S 1.3x 3.1x 0.8x
P/B -2.8x 5.3x 2.3x
P/Tangible book -2.7x 6.7x 2.3x
EV/EBITDA 9.9x 19.4x 8.5x
EV/EBIT 13.5x 24.3x 15.4x
EV/Revenue 2.2x 3.6x 0.9x
EV/FCF 10.0x 23.0x 18.5x
EV/Operating cash flow 8.5x 21.3x 10.3x
PEG (3Y EPS CAGR) 0.23 -9.01 2.64

Growth

14 metrics
MetricPBIZBRAFDX
Revenue growth (1Y) -5.3% 12.7% 7.7%
Revenue CAGR (3Y) 2.5% 2.1% 1.7%
Gross profit growth (1Y) -2.4% 14.9% –
Gross profit CAGR (3Y) -0.6% 4.2% –
Operating income growth (1Y) 377.3% 8.1% 4.7%
Operating income CAGR (3Y) 35.8% -0.9% 3.6%
Net income growth (1Y) 269.6% -1.6% 8.3%
Net income CAGR (3Y) 49.8% -6.1% 3.7%
EPS growth (1Y) 320.8% 4.8% 10.3%
EPS CAGR (3Y) 55.0% -3.8% 6.2%
Operating cash flow growth (1Y) 66.8% 5.8% 15.9%
Operating cash flow CAGR (3Y) 23.9% 63.5% -2.7%
Free cash flow growth (1Y) 89.3% 6.0% 52.2%
Free cash flow CAGR (3Y) 31.6% 83.6% 19.3%

Profitability

14 metrics
MetricPBIZBRAFDX
Gross margin 57.0% 49.6% –
EBITDA margin 22.4% 18.3% 10.4%
Operating margin 16.4% 14.7% 5.8%
Pretax margin 13.5% 12.1% 6.1%
Net margin 10.0% 9.2% 4.7%
FCF margin 22.3% 15.5% 4.8%
Operating cash flow margin 26.0% 16.7% 8.6%
Return on equity – 15.6% 14.4%
Return on assets 6.1% 6.4% 4.6%
Return on invested capital 18.8% 10.6% 7.5%
Return on capital employed 18.4% 19.1% 7.0%
Asset turnover 0.6x 0.7x 1.0x
Cash conversion (OCF / net income) 2.6x 1.8x 1.8x
Stock comp / revenue 0.8% 3.0% 0.2%

Financial Health

11 metrics
MetricPBIZBRAFDX
Debt / assets 67.4% 32.0% 25.2%
Debt / equity -2.4x 0.8x 0.8x
Net debt / EBITDA 4.2x 2.4x 1.2x
Debt / FCF 4.9x 3.1x 5.5x
Liabilities / assets 128.6% 60.2% 68.0%
Equity / assets -28.6% 39.8% 32.0%
Interest coverage 5.7x – –
Current ratio 0.7x 0.5x 1.5x
Quick ratio 0.3x 0.3x 1.3x
Cash ratio 0.2x 0.0x 0.7x
Altman Z-score 2.42 3.75 2.52

Shareholder Returns

7 metrics
MetricPBIZBRAFDX
Dividend yield 2.2% – 1.8%
Net buyback yield 19.9% 5.0% -0.6%
Shareholder yield 22.1% 5.0% 1.1%
Payout ratio (earnings) 29.0% – –
Payout ratio (FCF) 13.1% – –
Dividend growth (1Y) 30.1% – –
Dividend CAGR (3Y) 15.9% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusPBIZBRAFDX
Forward P/E 9.7xFY2026 17.0xFY2026 18.1xFY2026
EPS, next fiscal year $1.79FY2026 $22.59FY2026 $16.80FY2026
EPS growth, next FY +32.6%FY2026 +42.6%FY2026 -14.6%FY2026
EPS growth, the year after +5.0% -4.5% +19.8%
Revenue, next fiscal year $1.77BFY2026 $6.35BFY2026 $94.80BFY2026
Revenue growth, next FY -6.3%FY2026 +17.7%FY2026 +1.4%FY2026
Revenue growth, the year after +10.9% +1.2% +7.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPBIZBRAFDX
Held by institutions 88.8% 100.0% 80.6%
Institutions holding 350 644 1,939
Change in shares held, QoQ +2.6% +4.5% +2.3%
Institutions buying 167 309 902
Institutions selling 119 242 693
Buyers to sellers 1.40 1.28 1.30

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

PBIZBRAFDX
PBI 1.00 0.12 0.19
ZBRA 0.12 1.00 0.22
FDX 0.19 0.22 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PBI, ZBRA and FDX?

Fedex (FDX) is the largest by market capitalisation: Pitney Bowes (PBI) $2.39B, Zebra Technologies (ZBRA) $18.42B, Fedex (FDX) $72.17B.

Which stock is cheaper, PBI, ZBRA and FDX?

Pitney Bowes (PBI) trades on the lowest price-to-earnings ratio (Pitney Bowes (PBI) 12.7x, Zebra Technologies (ZBRA) 34.2x, Fedex (FDX) 16.3x). On next year's consensus earnings, Pitney Bowes (PBI) is cheapest (Pitney Bowes (PBI) 9.7x, Zebra Technologies (ZBRA) 17.0x, Fedex (FDX) 18.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Zebra Technologies (ZBRA) grew revenue fastest over the trailing twelve months: Pitney Bowes (PBI) -5.3%, Zebra Technologies (ZBRA) +12.7%, Fedex (FDX) +7.7%.

Which company is more profitable?

Pitney Bowes (PBI) has the highest net margin (Pitney Bowes (PBI) 10.0%, Zebra Technologies (ZBRA) 9.2%, Fedex (FDX) 4.7%). On return on invested capital, Pitney Bowes (PBI) leads (Pitney Bowes (PBI) 18.8%, Zebra Technologies (ZBRA) 10.6%, Fedex (FDX) 7.5%).

Which stock has performed better?

Over the past year Fedex (FDX) returned the most: Pitney Bowes (PBI) +47.8%, Zebra Technologies (ZBRA) +40.2%, Fedex (FDX) +51.6%. Over five years, Pitney Bowes (PBI) compounded fastest (Pitney Bowes (PBI) +20.2%/yr, Zebra Technologies (ZBRA) -6.4%/yr, Fedex (FDX) +10.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Pitney Bowes (PBI) 0.02%, Zebra Technologies (ZBRA) 0.00%, Fedex (FDX) 0.00%. Zebra Technologies (ZBRA) and Fedex (FDX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Fedex (FDX) has been the steadiest (Pitney Bowes (PBI) 34.2%, Zebra Technologies (ZBRA) 45.5%, Fedex (FDX) 28.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PBI, ZBRA and FDX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Pitney Bowes (PBI) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.