CBIZ, Inc. logo CBZ - CBIZ, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 1
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $39.50 DETAILS
HIGH: $42.00
LOW: $37.00
MEDIAN: $39.50
CONSENSUS: $39.50
UPSIDE: 22.56%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Revenue
Revenue 2,758.0 1,813.5 1,591.2 1,412.0 1,104.9 963.9 948.4 922.0 855.3 799.8 750.4 719.5 692.0 766.1 733.8 732.5 739.7 704.3 643.9 601.1 559.3 520.1 512.8 504.3 526.9 528.7 546.4 352.8 109.2 35.8 44.5 46.6
Cost of Revenue 2,402.6 1,631.0 1,368.0 1,188.6 945.6 825.4 823.5 790.3 755.6 697.7 653.9 629.8 608.7 680.2 643.9 646.8 651.3 607.6 563.5 519.2 485.3 459.4 448.7 445.7 460.6 0 0 0 0 0 30.4 30.9
Gross Profit 355.4 182.5 223.2 223.4 159.3 138.5 124.9 131.7 99.8 102.1 96.5 89.7 83.3 85.9 89.9 85.7 88.4 96.7 80.4 81.9 74.0 60.7 64.1 58.7 66.3 528.7 546.4 352.8 109.2 35.8 14.1 15.7
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 121.4 108.8 58.0 55.0 56.1 46.1 44.4 39.2 33.3 36.3 32.6 34.2 34.4 30.4 32.0 29.6 30.7 28.7 30.6 24.7 24.9 24.8 19.6 19.7 19.8 0 0 0 0 0 9.8 10.3
Other Expenses 0 0 0 0 30.5 0 0 0 0 0 0 0 0 0 0 0 0 0.7 0.1 16.4 15.5 17.4 19.7 21.6 35.0 627.3 513.8 292.2 90.2 29.7 2.3 2.5
Operating Expenses 121.4 108.8 58.0 55.0 86.6 46.1 44.4 39.2 33.3 36.3 32.6 34.2 34.4 30.4 32.0 29.6 30.7 29.4 30.8 41.1 40.4 42.2 39.3 41.3 54.8 627.3 513.8 292.2 90.2 29.7 12.1 12.8
Operating Income
Operating Income 234.0 73.7 165.2 168.3 72.7 92.5 80.5 92.5 66.5 65.8 63.9 55.5 48.9 55.5 58.0 56.1 57.7 68.0 49.8 40.8 33.9 19.5 27.2 18.3 4.4 (98.5) 32.6 60.6 19 6.1 2 2.9
Interest Expense 107.2 34.4 20.1 8.0 3.9 5.0 5.8 6.6 6.7 6.6 8.9 13.1 15.4 15.0 17.4 15.3 13.4 10.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 366.3 140.2 222.7 182.4 124.0 131.6 121.0 116.2 89.5 87.9 85.9 75.3 75.2 87.7 84.4 80.4 86.3 76.2 66.7 62.2 54.1 40.1 41.1 38.5 56.6 (98.5) 32.6 60.6 19 6.1 4.3 5.4
EBIT 268.1 92.2 186.4 149.5 96.9 108.5 98.7 86.5 81.0 73.6 66.7 63.7 56.3 66.3 64.1 60.1 65.1 61.1 50.7 40.6 34.2 24.6 24.5 18.1 16.2 24.1 56.8 60.8 17.5 9.1 2 2.9
Income Before Tax 160.8 57.8 166.3 141.5 93.0 103.5 92.9 79.8 74.3 67.0 57.8 50.6 41.4 50.4 47.0 44.8 51.9 53.9 55.9 42.4 36.2 22.5 27.6 15.7 (5.7) (110.6) 25.8 60.6 19.1 6 2.1 (6.2)
Income Tax Expense 45.4 16.8 45.3 36.1 22.1 25.1 21.8 18.3 23.3 26.4 22.8 20.2 16.4 19.3 18.4 16.8 19.8 20.5 22.6 16.8 14.6 5.7 12.1 8.1 10.3 (3.4) 14.4 21.2 6.3 1.6 0.8 (3.1)
Net Income 115.4 41.0 121.0 105.4 70.9 78.3 70.7 61.6 50.4 40.1 34.1 29.8 85.9 31.1 28.0 24.5 31.4 32.6 34.8 24.4 18.7 16.1 15.3 (76.8) (16) (126.1) 7.4 39.4 11.6 4.4 1.3 2.5
Per Share Data
EPS (Basic) 1.83 0.78 2.42 2.05 1.35 1.44 1.30 1.13 0.94 0.77 0.69 0.62 1.77 0.63 0.57 0.42 0.51 0.49 0.54 0.34 0.25 0.20 0.17 -0.81 -0.17 -1.33 0.17 0.65 0.39 0.30 0.24 0.25
EPS (Diluted) 1.83 0.78 2.39 2.01 1.32 1.41 1.27 1.09 0.91 0.75 0.65 0.58 1.75 0.63 0.56 0.42 0.51 0.49 0.53 0.33 0.24 0.20 0.17 -0.79 -0.17 -1.33 0.08 0.54 0.39 0.24 0.20 0.25
Shares Outstanding 63.2 52.4 50.0 51.5 52.6 54.3 54.3 54.6 53.9 52.3 50.3 48.3 48.6 49.0 49.3 57.7 61.2 61.8 65.1 71.0 74.4 79.2 90.4 94.8 94.8 94.7 86.9 67.9 50 15.9 11.2 10
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Current Assets
Cash & Cash Equivalents 56.5 13.8 8.1 33.2 32.4 28.6 30.2 0.6 0.4 3.5 9.3 9.7 5.3 3.8 6.4 4.3 16 48.9 50.7 21.1 39.9 3.3 1.4
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 556.0 538.9 380.2 334.5 242.2 216.2 222.0 207.3 188.3 175.4 132.1 133.9 107.5 111.2 108.9 117.7 0 0 0 0 0 7.6 10.9
Inventory 0 0 0 0 0 0 0 188.8 236.1 241.3 28.2 22.5 13.7 14.6 20.5 57.1 0 0 0 0 0 0 0
Other Current Assets 286.7 283.0 224.4 200.7 177.1 191.7 203.8 215.6 259.4 262.7 129.7 138.1 62.8 53.1 65.9 11.1 0 0 0 0 0 1.4 1.3
Total Current Assets 899.2 835.7 612.7 568.4 451.7 436.4 456.0 423.5 448.2 441.6 267.8 281.7 184.0 184.8 202.7 197.2 16 48.9 50.7 21.1 39.9 12.3 13.6
Non-Current Assets
Property, Plant & Equipment 415.3 481.7 268.0 229.2 194.6 189.2 180.2 34.2 26.1 19.4 26.8 30.8 37.8 40.3 44.6 54.2 0 0 0 0 0 19.5 16.8
Goodwill 2,329.8 2,331.5 865.2 819.9 740.7 683.1 588.2 564.3 528.4 487.5 291.1 260.5 172.6 167.3 163.7 247.5 0 0 0 0 0 0 0
Intangible Assets 540.0 614.0 143.4 131.8 100.0 73.7 66.5 72.7 84.8 96.9 84.1 89.7 0 0 0 0 281.3 379.9 293.4 89.9 6 9.1 9.3
Long-Term Investments 0.3 2.6 5.2 7.7 0.4 0 0 1.1 82.9 67.6 28.5 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 224.9 385.5 149.1 122.1 140.5 131.4 109.8 54.5 2.6 2.0 13.4 34.8 12.5 5.6 11.5 17.1 368.2 407.4 355.3 197.7 161.3 0.9 0.2
Total Non-Current Assets 3,683.6 3,818.7 1,430.9 1,358.2 1,221.0 1,121.3 979.4 759.5 728.1 677.0 444.2 421.0 229.7 217.4 230.4 326.2 649.5 787.3 648.7 287.6 167.3 29.5 26.3
Total Assets 4,582.9 4,470.9 2,043.6 1,926.6 1,672.7 1,557.8 1,435.4 1,097.7 1,176.2 1,118.6 712.0 702.6 413.8 402.1 433.1 523.4 649.5 787.3 648.7 287.6 167.3 41.8 39.9
Current Liabilities
Account Payables 90.9 90.6 82.8 80.7 65.8 64.1 68.5 58.6 51.4 45.8 25.7 29.0 24.9 28.5 22.4 21.7 0 0 0 0 0 2.6 4.7
Short-Term Debt 131.0 66.2 0 36.4 30.6 30.5 29.0 0 1.9 1.1 13.6 1.1 0 44.9 49.2 37.3 44.1 6.5 0 0 0 2.7 4.8
Deferred Revenue 0 0 0 0 0 0 0 0 45.3 46.3 34.4 40.9 0 0 0 (1.2) 0 0 0 0 0 0 0
Other Current Liabilities 305.1 315.7 257.1 263.3 211.2 200.9 208.4 198.7 235.7 246.3 116.1 135.9 56.9 35.0 44.7 0.4 (44.1) (6.5) 0 0 0 2.8 3.5
Total Current Liabilities 735.6 705.8 511.9 512.4 423.3 378.3 365.9 321.3 334.2 339.4 189.7 206.8 106.1 108.4 116.4 96.0 44.1 6.5 0 0 0 8.1 13
Non-Current Liabilities
Long-Term Debt 1,389.6 1,333.8 310.8 263.7 154.9 107.2 104.3 134.0 179.8 191.8 203.8 225 53.9 14 17.5 56.0 118.9 145.3 74.6 20.3 3.2 0.6 1.1
Deferred Tax Liabilities 180.5 10.9 29.3 72.3 60.2 52.8 46.4 6.8 3.3 3.5 0.2 5.1 0 0 0 0 0 0 0 0 0 2.3 2.4
Other Non-Current Liabilities 207.3 267.9 196.0 190.4 184.0 174.9 127.5 134.1 131.3 103.8 20.3 30.0 7.3 1.9 4.9 0.8 143.6 128.9 178.2 119.4 72.8 1.9 2.8
Total Non-Current Liabilities 2,085.2 1,985.1 740.1 700.8 544.9 476.9 410.2 268.1 311.1 299.1 251.7 260.3 61.2 15.9 22.4 56.8 262.6 274.2 252.8 139.7 76 4.8 6.3
Total Liabilities 2,820.8 2,690.9 1,252.0 1,213.2 968.2 855.1 776.2 589.2 645.4 638.6 441.4 467.1 167.3 124.3 138.8 152.8 262.6 274.2 252.8 139.7 76 12.9 19.3
Stockholders' Equity
Common Stock 1.4 1.4 1.4 1.4 1.4 1.3 1.3 1.3 1.3 1.3 1.1 1.1 1.0 1.0 1.0 0.9 0.9 0.9 0 0 0 0 0
Retained Earnings 1,011.6 896.1 855.1 734.1 628.8 557.9 479.6 409.0 345.3 294.9 21.5 (4.8) (113.4) (129.4) (144.8) (67.9) (51.9) 74.2 65.7 18.4 6.8 0.8 0
Accumulated Other Comprehensive Income (3.3) 1.2 1.8 3.6 (1.0) (2.3) (0.7) (0.5) (0.2) (0.5) (0.9) (1.0) (0.0) (0.0) (0.3) (0.2) (0.0) 0 0 0 0 (12.7) (12.7)
Total Stockholders' Equity 1,762.1 1,780.0 791.6 713.5 704.5 702.6 659.2 508.5 491.0 471.3 270.6 235.5 246.5 277.8 294.3 370.6 386.9 513.1 395.9 147.9 91.3 28.6 20.3
Total Liabilities & Equity 4,582.9 4,470.9 2,043.6 1,926.6 1,672.7 1,557.8 1,435.4 1,097.7 1,136.4 1,109.9 712.0 702.6 413.8 402.1 433.1 523.4 649.5 787.3 648.7 287.6 167.3 41.8 39.9
Debt Metrics
Total Debt 1,828.5 1,833.1 551.0 474.5 331.2 279.7 265.4 134.0 181.7 192.8 203.8 226.1 53.9 58.9 66.7 93.3 163.0 151.8 74.6 20.3 3.2 3.3 5.9
Net Debt 1,772.0 1,819.2 542.9 441.3 298.9 251.1 235.2 133.3 181.3 189.3 194.6 216.4 48.6 55.1 60.4 88.9 147.0 102.9 23.9 (0.8) (36.7) 0 4.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Operating Activities
Net Income 115.4 41.0 121.0 105.4 70.9 78.3 70.7 61.6 50.4 40.1 18.7 16.1 15.3 (76.8) (16) (107.3) 11.4 39.4 12.8 4.4 1.3 (3.1)
Depreciation & Amortization 98.3 48.1 36.3 32.9 27.1 23.1 22.3 23.7 23.1 22.1 15.2 16.4 17.2 20.7 42.1 0 0 0 0 0 2.3 2.5
Stock-Based Compensation 26.0 13.8 12.3 14.7 11.4 8.9 7.3 6.9 5.7 5.7 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (71.6) 23.4 (29.0) (42.0) 13.3 35.0 (11.4) 5.1 (11.2) (4.3) 11.4 (12.6) (7.7) 10.0 16.0 (38.8) (57.3) (13.4) 2.4 11.4 (1.6) (3.3)
Other Non-Cash Items 19.8 6.0 1.8 1.4 (0.7) 2.3 (0.4) 2.2 0.3 2.6 6.6 4.1 8.2 86.3 8.7 165.0 37.1 8.1 (9.5) (2.6) 0.7 10.1
Operating Cash Flow 192.5 123.7 153.5 126.1 131.2 146.8 98.2 105.2 71.9 71.0 52.8 20.4 39.6 42.3 56.2 17.4 (17.6) 30.8 4.7 13.2 2.7 6.2
Investing Activities
Capital Expenditure (17.0) (12.9) (23.1) (8.6) (9.0) (11.6) (13.9) (14.6) (11.9) (4.1) (6.9) (8.4) (10.6) (8.2) (12.9) (20.1) (76.7) (85.6) (2.3) (0.3) (4.2) (1.8)
Acquisitions (0.1) (1,080.4) (53.1) (79.1) (57.0) (71.4) (11.7) (29.1) (28.0) (42.1) (12.5) (2.6) 1.7 (1.4) 12.3 (9.0) 0 0 0 0 0 0
Purchases of Investments (43.4) (23.2) (14.1) (19.8) (27.0) (3.4) (27.2) (18.4) (15.5) (11.4) 0 0 0 0 0 0 0 (81.8) (24.9) (20.6) 0 0
Sales/Maturities of Investments 39.7 0 18.5 12.4 14.9 37.5 24.0 12.2 8.8 9.8 0 0 0 0 0 34.6 0 71.4 9.1 11 0 0
Other Investing Activities 4.9 (25.7) (7.6) (4.0) (3.9) 2.6 1.2 48.7 17.3 (2.2) 5.1 1.7 3.4 6.5 (0.8) 2.2 1.4 6.4 (23.3) 0.6 0.2 0.1
Investing Cash Flow (15.9) (1,129.3) (79.4) (99.1) (82.0) (46.4) (27.7) (1.2) (29.4) (50.0) (14.3) (9.3) (5.5) (3.0) (1.4) 7.7 (75.3) (89.6) (41.4) (9.3) (4) (1.7)
Financing Activities
Net Debt Issuance 50.5 1,108.5 46.7 110.4 47.3 2.5 (30) (43) (12.9) (14.4) (22.5) 39.5 (4.2) (37.8) (65.8) (33.7) 57.0 2.6 6.4 (1) (3.1) (4.7)
Stock Repurchased (160.1) (11.5) (73.8) (129.8) (100.5) (58.5) (27.2) (17.5) (19.7) (9.1) (16.7) (50.4) (33.6) 0 (0.4) 0 0 0 0 0 (0.1) 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1.8) 0 0
Other Financing Activities (36.2) (61.4) (50.0) 2.1 (15.8) (20.6) 2.6 (48.9) (13.0) 5.2 (0.0) 0 0 0 (0.4) (0.3) (2.6) (2.8) 0.8 (1.5) 4.6 0
Financing Cash Flow (145.7) 1,035.6 (77.1) (17.3) (69.0) (76.6) (54.5) (109.4) (45.6) (18.4) (35.0) (9.6) (36.6) (37.2) (66.5) (33.9) 98.2 80.3 15.6 35.7 3.1 (4.7)
Cash Position
Net Change in Cash 30.9 30.0 (3.0) 9.7 (19.9) 23.8 16.0 (51.7) (3.1) 2.6 3.6 1.5 (2.6) 2.0 (11.6) (8.8) 5.3 80.3 15.6 35.7 3.1 (4.7)
Cash at Beginning 187.2 157.1 160.1 150.5 170.3 146.5 130.6 182.3 3.5 0.8 5.3 3.8 6.4 4.3 16.0 24.7 43.6 29.2 42.2 2.7 1.4 1.7
Cash at End 218.1 187.2 157.1 160.1 150.5 170.3 146.5 130.6 0.4 3.5 8.9 5.3 3.8 6.4 4.3 16.0 48.9 109.5 57.8 38.4 4.5 (3)
Free Cash Flow 175.5 110.8 130.5 117.5 122.2 135.3 84.3 90.6 60.0 66.9 45.9 12.0 29.0 34.1 43.3 (2.7) (94.3) (54.8) 2.4 12.9 (1.5) 4.4
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Income Statement
Revenue 2,758.0 1,813.5 1,591.2 1,412.0 1,104.9 963.9 948.4 922.0 855.3 799.8 750.4 719.5 692.0 766.1 733.8 732.5 739.7 704.3 643.9 601.1 559.3 520.1 512.8 504.3 526.9 528.7 546.4 352.8 109.2 35.8 44.5 46.6
Gross Profit 355.4 182.5 223.2 223.4 159.3 138.5 124.9 131.7 99.8 102.1 96.5 89.7 83.3 85.9 89.9 85.7 88.4 96.7 80.4 81.9 74.0 60.7 64.1 58.7 66.3 528.7 546.4 352.8 109.2 35.8 14.1 15.7
Operating Income 234.0 73.7 165.2 168.3 72.7 92.5 80.5 92.5 66.5 65.8 63.9 55.5 48.9 55.5 58.0 56.1 57.7 68.0 49.8 40.8 33.9 19.5 27.2 18.3 4.4 (98.5) 32.6 60.6 19 6.1 2 2.9
Net Income 115.4 41.0 121.0 105.4 70.9 78.3 70.7 61.6 50.4 40.1 34.1 29.8 85.9 31.1 28.0 24.5 31.4 32.6 34.8 24.4 18.7 16.1 15.3 (76.8) (16) (126.1) 7.4 39.4 11.6 4.4 1.3 2.5
EPS (Diluted) 1.83 0.78 2.39 2.01 1.32 1.41 1.27 1.09 0.91 0.75 0.65 0.58 1.75 0.63 0.56 0.42 0.51 0.49 0.53 0.33 0.24 0.20 0.17 -0.79 -0.17 -1.33 0.08 0.54 0.39 0.24 0.20 0.25
Balance Sheet
Cash & Equivalents 56.5 13.8 8.1 33.2 32.4 28.6 30.2 0.6 0.4 3.5 9.3 9.7 5.3 3.8 6.4 4.3 16 48.9 50.7 21.1 39.9 3.3 1.4
Total Assets 4,582.9 4,470.9 2,043.6 1,926.6 1,672.7 1,557.8 1,435.4 1,097.7 1,176.2 1,118.6 712.0 702.6 413.8 402.1 433.1 523.4 649.5 787.3 648.7 287.6 167.3 41.8 39.9
Total Debt 1,828.5 1,833.1 551.0 474.5 331.2 279.7 265.4 134.0 181.7 192.8 203.8 226.1 53.9 58.9 66.7 93.3 163.0 151.8 74.6 20.3 3.2 3.3 5.9
Stockholders' Equity 1,762.1 1,780.0 791.6 713.5 704.5 702.6 659.2 508.5 491.0 471.3 270.6 235.5 246.5 277.8 294.3 370.6 386.9 513.1 395.9 147.9 91.3 28.6 20.3
Cash Flow
Operating Cash Flow 192.5 123.7 153.5 126.1 131.2 146.8 98.2 105.2 71.9 71.0 52.8 20.4 39.6 42.3 56.2 17.4 (17.6) 30.8 4.7 13.2 2.7 6.2
Capital Expenditure (17.0) (12.9) (23.1) (8.6) (9.0) (11.6) (13.9) (14.6) (11.9) (4.1) (6.9) (8.4) (10.6) (8.2) (12.9) (20.1) (76.7) (85.6) (2.3) (0.3) (4.2) (1.8)
Free Cash Flow 175.5 110.8 130.5 117.5 122.2 135.3 84.3 90.6 60.0 66.9 45.9 12.0 29.0 34.1 43.3 (2.7) (94.3) (54.8) 2.4 12.9 (1.5) 4.4