Pitney Bowes (PBI) Operating Leases (2018 - 2026)
Pitney Bowes (PBI) recorded Operating Leases of $93.83 million in Q2 2026, down 6.4% from $100.24 million a year earlier and down 6.9% from the prior quarter.
Pitney Bowes (PBI) Operating Leases (2018 - 2026) Analysis & Trends
At the end of FY2025, Pitney Bowes reported Operating Leases of $99.76 million, down 1.0% from FY2024.
- Annual Operating Leases has declined for three straight years, with a five-year compound annual growth rate of -11.2% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $100.8 million in FY2024 (-20.4%), $126.57 million in FY2023 (-52.4%), $265.7 million in FY2022 (+38.3%) and $192.09 million in FY2021 (+6.5%).
- The Q2 2026 figure is the lowest quarterly Operating Leases in data going back to Q4 2018.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 38.3% in Q4 2022, against a decline of 63.0% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $100.73 million (Q1 2026), $99.76 million (Q4 2025) and $94.26 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - |
| 10 | Pitney Bowes | 2.24 Bn | 1.01 Bn | 254.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.83 Mn |
| Mar 31, 2026 | 100.73 Mn |
| Dec 31, 2025 | 99.76 Mn |
| Sep 30, 2025 | 94.26 Mn |
| Jun 30, 2025 | 100.24 Mn |
| Mar 31, 2025 | 100.75 Mn |
| Dec 31, 2024 | 100.80 Mn |
| Sep 30, 2024 | 117.81 Mn |
| Jun 30, 2024 | 263.76 Mn |
| Mar 31, 2024 | 272.02 Mn |
| Dec 31, 2023 | 126.57 Mn |
| Sep 30, 2023 | 279.92 Mn |
| Jun 30, 2023 | 254.05 Mn |
| Mar 31, 2023 | 256.16 Mn |
| Dec 31, 2022 | 265.70 Mn |
| Sep 30, 2022 | 239.79 Mn |
| Jun 30, 2022 | 227.24 Mn |
| Mar 31, 2022 | 220.61 Mn |
| Dec 31, 2021 | 192.09 Mn |
| Sep 30, 2021 | 193.86 Mn |
Pitney Bowes Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=PBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "PBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=PBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();