ePlus inc. logo PLUS - ePlus inc.

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STRONG
BUY
0
BUY 3
HOLD 2
SELL 0
STRONG
SELL
0
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
Revenue
Revenue 2,068.8 2,225.3 2,067.7 1,821.0 1,568.3 1,588.4 1,372.7 1,418.8 1,329.4 1,204.2 1,143.3 1,057.5 983.1 825.6 863.0 684.3 698.0 849.3 791.6 647.3 575.8 330.6 299.6 205.0 306.6 264.7 194 118.4 86.2 42.8
Cost of Revenue 1,518.3 1,691.1 1,550.2 1,359.5 1,174.8 1,214.7 1,042.3 1,087.5 1,029.6 942.1 898.7 840.6 778.3 654.1 705.6 555.2 566.6 689.1 626.9 526.7 444.3 246.8 213.4 120.6 204.6 195.3 149.9 87.9 36.6 32
Gross Profit 550.5 534.2 517.5 461.5 393.6 373.7 330.4 323.5 299.8 262.1 244.5 216.9 204.8 171.5 157.4 129.1 131.4 160.2 164.8 120.7 131.5 83.7 86.2 84.3 102.0 69.4 44.1 30.5 19.5 10.8
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
SG&A Expenses 0 0 333.5 0 0 0 237.1 228.1 205.2 179.0 171.5 154.9 144.2 130.5 114.3 99.8 98.9 122.1 124.5 104.3 82.5 59.7 61.4 57.6 61.3 36.4 24.5 15.2 10.6 4.7
Other Expenses 409.1 375.9 17.8 314.2 287.2 278.4 13.8 9.9 7.3 5.5 0 (0.3) 1.9 0 0 0 0 0 0 0 0 0 0 0 11.2 7.4 4.7 4.6 3.5 2.1
Operating Expenses 409.1 375.9 351.4 314.2 287.2 278.4 250.9 238.0 212.5 184.5 171.5 154.9 146.0 130.5 114.3 99.8 98.9 122.1 124.5 104.3 82.5 59.7 61.4 57.6 72.5 43.8 29.2 19.8 14.1 6.8
Operating Income
Operating Income 141.4 158.3 166.2 147.3 106.3 95.3 79.5 84.2 85.7 75.8 70.7 60.1 58.7 39.6 40.6 25.1 26.7 38.1 40.2 16.4 49.0 24.1 24.8 26.7 29.5 25.6 14.9 10.7 5.4 4
Interest Expense 2.2 3.8 4.1 1.9 2.0 2.6 1.9 1.2 1.5 1.8 2.4 1.9 1.9 1.4 2.6 4.1 5.8 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
Profitability
EBITDA 171.7 185.9 185.7 172.2 128.8 115.0 100.8 95.6 95.1 83.1 96.3 77.1 72.8 42.5 53.1 36.6 43.0 59.9 62.1 33.5 61.8 34.5 29.3 32.4 40.8 33.0 19.6 15.3 10.2 6.1
EBIT 142.1 159.9 167.1 147.9 108.8 95.9 88.2 85.1 87.7 77.5 80.7 62.0 60.6 41.0 43.1 25.2 27.9 38.1 40.2 16.4 49.0 24.1 24.8 26.7 29.5 25.6 14.9 10.7 6.5 4
Income Before Tax 148.8 161.1 163.0 146.9 106.9 96.0 86.2 83.9 86.1 75.8 78.3 60.1 58.7 39.6 40.6 21.1 22.0 29.9 30.1 (1.1) 43.0 17.2 16.5 14.9 14.0 14.3 11.3 8.7 3.9 2.5
Income Tax Expense 40.9 45.3 43.6 41.3 32.5 26.9 23.0 28.8 35.6 31.0 32.5 24.8 23.9 16.2 16.8 8.3 9.2 13.6 12.7 (0.5) 17.7 7.1 6.8 6.0 5.7 5.9 4.6 2.7 1.4 0.9
Net Income 108.0 115.8 119.4 105.6 74.4 69.1 63.2 55.1 50.6 44.7 45.8 35.3 34.8 23.4 23.7 12.7 12.8 16.4 17.4 (0.5) 25.3 10.2 9.7 8.9 8.3 8.4 6.7 6 2.5 1.6
Per Share Data
EPS (Basic) 4.08 4.35 4.49 3.96 2.79 2.59 2.35 2.00 1.83 1.54 1.57 1.10 1.09 0.73 0.71 0.39 0.39 0.50 0.53 -0.02 0.71 0.26 0.24 0.22 0.22 0.27 0.25 0.25 0.17 0.10
EPS (Diluted) 4.06 4.33 4.48 3.93 2.77 2.57 2.33 1.97 1.80 1.52 1.55 1.09 1.08 0.71 0.70 0.38 0.38 0.49 0.51 -0.02 0.67 0.24 0.24 0.21 0.20 0.23 0.25 0.25 0.17 0.10
Shares Outstanding 26.5 26.6 26.6 26.6 26.7 26.7 26.9 27.6 27.7 29.0 29.3 31.7 31.2 32.0 32.8 33.1 32.9 32.9 32.9 33.4 35.6 37.3 40.2 40.9 38.5 30.8 27.1 24.1 20.9 16.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996
Current Assets
Cash & Cash Equivalents 389.4 253.0 103.1 155.4 129.6 86.2 79.8 118.2 109.8 94.8 107.8 58.4 25.2 27.8 28.2 24.5 21.9 7.9 18.7 6 0.4
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 739.9 794.1 649.5 540.5 538.9 481.7 405.0 366.6 342.7 332.8 85.4 110.4 51.2 38.4 41.6 59.5 61.4 44.7 20.2 7.4 1.3
Inventory 120.4 139.7 243.3 155.1 70.0 50.3 50.5 39.9 93.6 33.3 9.7 9.2 0.9 1.4 0.9 2.7 2.4 0.7 1.2 0.2 0.1
Other Current Assets 114.0 86.7 99.3 46.5 28.5 22.7 123.5 17.0 8.8 7.2 0 0 0 0 0.1 0.1 0.1 0 0.1 0 0.2
Total Current Assets 1,363.8 1,273.5 1,095.1 897.5 777.6 649.8 560.1 568.1 597.3 478.0 202.9 178.0 77.3 67.6 70.8 86.7 85.8 53.3 40.2 13.6 2
Non-Current Assets
Property, Plant & Equipment 35.0 32.0 75.1 50.6 27.1 30.3 17.3 19.1 12.0 8.6 3.3 4.7 5.2 5.2 6.1 5.2 2.9 2 1.1 0.3 0.3
Goodwill 202.9 161.5 136.1 126.5 126.6 118.1 110.8 76.6 48.4 42.2 21.6 26.1 0 0 0 0 0 0 0 0 0
Intangible Assets 82.0 44.1 25.0 27.2 38.6 34.5 38.9 26.3 12.2 12.0 0 0 20.2 19.1 0 0 0 0 0 0 0
Long-Term Investments 127.5 0 0 0 0 0 59.0 68.5 71.9 58.2 119.3 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 69.9 136.8 79.7 59.2 79.3 76.4 (6.9) (5.6) (12.0) 75.9 16.8 170.9 191.4 186.9 196.6 218.6 256.6 99.1 41.9 29.2 27.5
Total Non-Current Assets 521.0 379.9 319.7 268.7 273.1 259.3 226.1 190.6 144.4 138.7 161.0 201.7 216.9 211.3 208.2 224.1 259.5 101.1 43 29.5 27.8
Total Assets 1,884.8 1,653.5 1,414.8 1,166.2 1,076.8 909.1 786.2 758.7 741.7 616.7 363.9 379.7 294.2 278.9 279.0 310.9 345.3 154.4 83.2 43.1 29.8
Current Liabilities
Account Payables 451.7 315.7 220.2 136.2 165.2 82.9 86.8 106.9 113.5 76.8 66.9 84.4 42.1 31.6 19.0 28.2 52.4 30.5 28.2 7.1 5.6
Short-Term Debt 117.0 128.4 165.4 169.7 154.5 194.3 154.2 154.3 159.6 150.2 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 152.8 134.6 114.0 86.5 72.8 55.5 47.3 38.9 65.3 18.3 (85.1) (93.8) 0 0 0 0 0 0 0 0 0
Other Current Liabilities 31.4 34.6 24.4 28.1 12.5 7.7 11.3 60.7 10.0 13.1 24.4 30.4 0.6 0.6 0.9 24.0 13.2 5.2 4 1.4 1
Total Current Liabilities 797.9 657.0 561.3 460.0 459.4 386.6 328.9 353.3 376.5 273.4 101.4 119.6 54.7 46.1 39.0 52.1 65.6 35.7 32.2 8.5 6.6
Non-Current Liabilities
Long-Term Debt 11.3 12.9 9.5 9.9 18.3 5.9 10.5 10.1 10.4 19.1 85.1 93.8 117.9 118.4 133.8 166.8 221.9 71.5 26 21 20
Deferred Tax Liabilities 1.5 0 0.7 0 0 2.7 4.9 1.7 1.8 3.0 3.0 2.7 10.1 4.8 0 0 0.8 3.3 1.5 0.6 0.5
Other Non-Current Liabilities 96.5 81.8 61.0 35.5 5.3 2.7 3.9 8.2 2.4 0.4 0 0 0 0 0 0 0 0.1 0 (0.1) (0.2)
Total Non-Current Liabilities 109.3 94.7 71.2 45.4 55.0 36.3 33.1 32.8 19.3 24.4 88.0 96.5 127.9 123.2 133.8 166.8 222.6 74.9 27.5 20.6 20.3
Total Liabilities 907.2 751.7 632.6 505.5 514.4 423.0 361.9 386.1 395.8 297.8 189.4 216.0 182.6 169.3 172.7 219.0 288.2 110.6 59.7 29.1 26.9
Stockholders' Equity
Common Stock 0.3 0.3 0.3 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0 0 0 0
Retained Earnings 851.0 743.0 627.2 507.8 484.6 410.2 341.1 277.9 222.8 331.2 131.5 118.6 64.2 54.1 44.3 35.4 27.1 18.7 12 5.3 2.8
Accumulated Other Comprehensive Income 3.4 2.3 1.6 (0.1) 0.7 (1.0) (0.3) 0.5 (0.6) (0.5) 0.1 0.6 0.1 0.1 0 0 0 0 0 0 0
Total Stockholders' Equity 977.6 901.8 782.3 660.7 562.4 486.1 424.3 372.6 345.9 318.9 174.5 163.7 111.6 109.6 106.3 91.9 57.1 43.8 23.5 14 2.9
Total Liabilities & Equity 1,884.8 1,653.5 1,414.8 1,166.2 1,076.8 909.1 786.2 758.7 741.7 616.7 363.9 379.7 294.2 278.9 279.0 310.9 345.3 154.4 83.2 43.1 29.8
Debt Metrics
Total Debt 128.3 141.3 175.0 179.6 181.8 213.3 164.7 164.4 170.0 169.3 85.1 93.8 117.9 118.4 133.8 166.8 221.9 71.5 26 20 20
Net Debt (261.1) (111.7) 71.9 24.2 52.2 127.1 84.9 46.2 60.3 74.5 (22.7) 35.4 92.7 90.6 105.5 142.3 200.0 63.6 7.3 14 19.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Operating Activities
Net Income 108.0 115.8 119.4 105.6 74.4 69.1 63.2 55.1 50.6 44.7 25.3 10.2 9.7 8.9 8.3 8.4 6.7 6 2.5 1.6
Depreciation & Amortization 29.6 25.9 18.6 24.3 20.0 19.2 18.6 15.8 11.7 16.0 12.8 10.5 4.5 5.6 11.2 7.4 4.7 4.6 3.5 2.1
Stock-Based Compensation 10.0 9.7 7.8 7.1 7.2 8.0 7.2 6.5 6.0 5.7 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 149.7 99.0 (160.5) (149.7) 33.5 (168.3) (41.9) 21.9 (21.4) (41.0) 8.5 (5.3) 9.9 0.6 (5.2) 13.1 (22.2) 10.9 (3.8) 3.2
Other Non-Cash Items 1.5 0.7 (2.8) (4.3) (1.3) 0.1 (11.1) (16.5) (12.7) (15.6) (4.4) (0.0) 1.4 2.3 (2.8) (7.8) 0.6 0.1 0.2 0.1
Operating Cash Flow 302.1 248.4 (15.4) (20.6) 129.5 (74.2) 39.4 82.8 33.0 13.4 41.6 20.6 35.8 12.4 10.5 18.4 (8.4) 20.7 1.2 6.4
Investing Activities
Capital Expenditure (6.6) (8.5) (9.4) (23.2) (11.5) (7.0) (11.6) (7.6) (9.6) (14.5) (26.7) (22.4) (13.2) (2.6) (6.4) (3.5) (5.2) (21.9) (24.9) (14.1)
Acquisitions (124.9) (54.2) (13.3) 0 (27.0) (15.0) (49.8) (37.7) (9.1) (16.6) (5) 0 0 (3.3) 0 (1.8) 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 2.7 0.7 3.7 21.9 2.8 1.7 (34.8) (12.4) (7.6) (19.1) 1.2 (1.7) (18.6) (27.8) (12.2) (119.5) (81.4) 0.2 (1.6) (16.1)
Investing Cash Flow (128.9) (62.0) (18.9) (1.3) (35.8) (20.3) (96.2) (57.7) (26.3) (50.2) (30.5) (24.1) (31.8) (33.7) (18.6) (124.9) (86.6) (21.7) (26.5) (30.2)
Financing Activities
Net Debt Issuance 8.0 (29.8) (13.7) 60.8 (42.3) 120.8 44.8 20.6 33.3 67.0 7.8 9.0 3.9 25.4 (15.5) 119.4 74.4 12.1 21.7 24
Stock Repurchased (46.9) (9.9) (7.2) (13.6) (6.9) (14.4) (18.8) (35.2) (30.5) (11.3) (5.7) (9.7) (6.9) (0.6) 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 (0.1) 0 0 0 0 0 0 0 (1.1) 0 0
Other Financing Activities (2.3) 0 0 0 (0.6) (5.8) (7.6) (2.1) 5.0 (1.2) (0.3) 0.0 (2.0) 0 0 0 0 0 0 0
Financing Cash Flow (37.6) (36.6) (20.9) 47.2 (49.8) 100.6 18.5 (16.8) 7.8 54.4 2.5 0.8 (4.5) 25.0 10.8 120.5 84.3 13 30.9 24
Cash Position
Net Change in Cash 136.4 149.9 (52.3) 25.8 43.3 6.4 (38.4) 8.4 15.0 18.6 13.7 (2.6) (0.4) 3.7 2.6 14.0 84.3 13 30.9 24
Cash at Beginning 253.0 103.1 155.4 129.6 86.2 79.8 118.2 109.8 94.8 76.2 25.2 27.8 28.2 24.5 21.9 7.9 18.7 6.7 0.4 0.3
Cash at End 389.4 253.0 103.1 155.4 129.6 86.2 79.8 118.2 109.8 94.8 38.9 25.2 27.8 28.2 24.5 21.9 103 19.7 31.3 24.3
Free Cash Flow 295.5 239.9 (24.8) (43.8) 118.0 (81.2) 27.8 75.2 23.5 (1.1) 14.9 (1.8) 22.6 9.8 4.1 14.9 (13.6) (1.2) (23.7) (7.7)
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
Income Statement
Revenue 2,068.8 2,225.3 2,067.7 1,821.0 1,568.3 1,588.4 1,372.7 1,418.8 1,329.4 1,204.2 1,143.3 1,057.5 983.1 825.6 863.0 684.3 698.0 849.3 791.6 647.3 575.8 330.6 299.6 205.0 306.6 264.7 194 118.4 86.2 42.8
Gross Profit 550.5 534.2 517.5 461.5 393.6 373.7 330.4 323.5 299.8 262.1 244.5 216.9 204.8 171.5 157.4 129.1 131.4 160.2 164.8 120.7 131.5 83.7 86.2 84.3 102.0 69.4 44.1 30.5 19.5 10.8
Operating Income 141.4 158.3 166.2 147.3 106.3 95.3 79.5 84.2 85.7 75.8 70.7 60.1 58.7 39.6 40.6 25.1 26.7 38.1 40.2 16.4 49.0 24.1 24.8 26.7 29.5 25.6 14.9 10.7 5.4 4
Net Income 108.0 115.8 119.4 105.6 74.4 69.1 63.2 55.1 50.6 44.7 45.8 35.3 34.8 23.4 23.7 12.7 12.8 16.4 17.4 (0.5) 25.3 10.2 9.7 8.9 8.3 8.4 6.7 6 2.5 1.6
EPS (Diluted) 4.06 4.33 4.48 3.93 2.77 2.57 2.33 1.97 1.80 1.52 1.55 1.09 1.08 0.71 0.70 0.38 0.38 0.49 0.51 -0.02 0.67 0.24 0.24 0.21 0.20 0.23 0.25 0.25 0.17 0.10
Balance Sheet
Cash & Equivalents 389.4 253.0 103.1 155.4 129.6 86.2 79.8 118.2 109.8 94.8 107.8 58.4 25.2 27.8 28.2 24.5 21.9 7.9 18.7 6 0.4
Total Assets 1,884.8 1,653.5 1,414.8 1,166.2 1,076.8 909.1 786.2 758.7 741.7 616.7 363.9 379.7 294.2 278.9 279.0 310.9 345.3 154.4 83.2 43.1 29.8
Total Debt 128.3 141.3 175.0 179.6 181.8 213.3 164.7 164.4 170.0 169.3 85.1 93.8 117.9 118.4 133.8 166.8 221.9 71.5 26 20 20
Stockholders' Equity 977.6 901.8 782.3 660.7 562.4 486.1 424.3 372.6 345.9 318.9 174.5 163.7 111.6 109.6 106.3 91.9 57.1 43.8 23.5 14 2.9
Cash Flow
Operating Cash Flow 302.1 248.4 (15.4) (20.6) 129.5 (74.2) 39.4 82.8 33.0 13.4 41.6 20.6 35.8 12.4 10.5 18.4 (8.4) 20.7 1.2 6.4
Capital Expenditure (6.6) (8.5) (9.4) (23.2) (11.5) (7.0) (11.6) (7.6) (9.6) (14.5) (26.7) (22.4) (13.2) (2.6) (6.4) (3.5) (5.2) (21.9) (24.9) (14.1)
Free Cash Flow 295.5 239.9 (24.8) (43.8) 118.0 (81.2) 27.8 75.2 23.5 (1.1) 14.9 (1.8) 22.6 9.8 4.1 14.9 (13.6) (1.2) (23.7) (7.7)