PBI vs. APP
PBI (Pitney Bowes Inc.) and APP (AppLovin Corporation) are both stocks. PBI operates in Integrated Freight & Logistics (Industrials), while APP operates in Advertising Agencies (Communication Services). Over the past 5 years, PBI returned 19.00%/yr vs 41.93%/yr for APP. At a 0.28 correlation, their price movements are largely independent.
Performance
PBI vs. APP - Performance Comparison
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Returns By Period
In the year-to-date period, PBI achieves a 64.56% return, which is significantly higher than APP's -30.34% return.
PBI
- 1D
- -2.06%
- 1M
- 12.39%
- YTD
- 64.56%
- 6M
- 63.63%
- 1Y
- 72.73%
- 3Y*
- 79.70%
- 5Y*
- 19.00%
- 10Y*
- 4.83%
APP
- 1D
- -0.07%
- 1M
- -2.55%
- YTD
- -30.34%
- 6M
- -36.02%
- 1Y
- 44.56%
- 3Y*
- 171.75%
- 5Y*
- 41.93%
- 10Y*
- —
PBI vs. APP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PBI Pitney Bowes Inc. | 64.56% | 50.42% | 70.63% | 22.24% | -39.71% | -18.56% |
APP AppLovin Corporation | -30.34% | 108.08% | 712.62% | 278.44% | -88.83% | 34.66% |
Correlation
The correlation between PBI and APP is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.28 |
The correlation between PBI and APP shifts across timeframes, from 0.18 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PBI:
$1.29
APP:
$11.64
PBI:
13.30
APP:
40.32
PBI:
0.05
APP:
0.12
PBI:
1.19
APP:
25.92
PBI:
$1.88B
APP:
$6.16B
PBI:
$1.03B
APP:
$5.45B
PBI:
$386.71M
APP:
$4.87B
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Return for Risk
PBI vs. APP — Risk / Return Rank
PBI
APP
PBI vs. APP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pitney Bowes Inc. (PBI) and AppLovin Corporation (APP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PBI | APP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.31 | ||
| Sortino ratioReturn per unit of downside risk | +1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.16 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.58 | 0.90 | +1.69 |
| Martin ratioReturn relative to average drawdown | 5.48 | 1.76 | +3.72 |
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Drawdowns
PBI vs. APP - Drawdown Comparison
The maximum PBI drawdown since its inception was -93.07%, roughly equal to the maximum APP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for PBI and APP.
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Drawdown Indicators
| PBI | APP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.07% | -91.90% | -1.17% |
Max Drawdown (1Y)Largest decline over 1 year | -28.28% | -49.99% | +21.71% |
Max Drawdown (3Y)Largest decline over 3 years | -28.28% | -57.00% | +28.72% |
Max Drawdown (5Y)Largest decline over 5 years | -74.06% | -91.90% | +17.84% |
Max Drawdown (10Y)Largest decline over 10 years | -88.12% | — | — |
Current DrawdownCurrent decline from peak | -17.23% | -36.02% | +18.79% |
Average DrawdownAverage peak-to-trough decline | -32.88% | -42.48% | +9.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.32% | 25.37% | -12.05% |
Volatility
PBI vs. APP - Volatility Comparison
The current volatility for Pitney Bowes Inc. (PBI) is 7.23%, while AppLovin Corporation (APP) has a volatility of 20.86%. This indicates that PBI experiences smaller price fluctuations and is considered to be less risky than APP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PBI | APP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.23% | 20.86% | -13.63% |
Volatility (6M)Calculated over the trailing 6-month period | 25.58% | 59.06% | -33.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.71% | 71.11% | -33.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.94% | 77.91% | -25.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.98% | 77.48% | -12.50% |
Dividends
PBI vs. APP - Dividend Comparison
PBI's dividend yield for the trailing twelve months is around 2.10%, while APP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APP AppLovin Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PBI Pitney Bowes Inc. | 2.10% | 2.84% | 2.76% | 4.55% | 5.26% | 3.02% | 3.25% | 4.96% | 12.69% | 6.71% | 4.94% | 3.63% |
Financials
PBI vs. APP - Financials Comparison
This section allows you to compare key financial metrics between Pitney Bowes Inc. and AppLovin Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PBI vs. APP - Profitability Comparison
PBI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pitney Bowes Inc. reported a gross profit of 272.58M and revenue of 477.41M. Therefore, the gross margin over that period was 57.1%.
APP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AppLovin Corporation reported a gross profit of 1.64B and revenue of 1.84B. Therefore, the gross margin over that period was 89.0%.
PBI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pitney Bowes Inc. reported an operating income of 80.47M and revenue of 477.41M, resulting in an operating margin of 16.9%.
APP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AppLovin Corporation reported an operating income of 1.44B and revenue of 1.84B, resulting in an operating margin of 78.2%.
PBI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pitney Bowes Inc. reported a net income of 58.14M and revenue of 477.41M, resulting in a net margin of 12.2%.
APP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AppLovin Corporation reported a net income of 1.21B and revenue of 1.84B, resulting in a net margin of 65.4%.
Frequently Asked Questions
PBI and APP have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APP has higher volatility (20.86%) compared to PBI (7.23%). In terms of maximum drawdown, PBI dropped -93.07% vs APP's -91.90%.
PBI currently has the higher Sharpe Ratio (1.94 vs 0.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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