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CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada. It operates through Financial Services, Benefits and Insurance Services, and National Practices segments. The Financial Services segment offers accounting and tax, financial advisory, national technology, and government healthcare consulting services. The Benefits and Insurance Services segment provides employee benefits consulting, payroll/human capital management, property and casualty insurance, and retirement and investment services. The National Practices segment offers information technology managed networking and hardware services. The company primarily serves small and medium-sized businesses, as well as individuals, governmental entities, and not-for-profit enterprises. CBIZ, Inc. was incorporated in 1987 and is headquartered in Independence, Ohio.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.8B | $366M | $115M | $176M | 6.6% | 52.1% | 181.3% |
| 2024 | $1.8B | $140M | $41M | $111M | 2.3% | 14.0% | -66.1% |
| 2023 | $1.6B | $223M | $121M | $130M | 15.3% | 12.7% | 14.8% |
| 2022 | $1.4B | $182M | $105M | $117M | 14.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 1,411.98 | 1,591.19 | 1,813.47 | 2,757.99 |
| Cost Of Revenue | 1,188.61 | 1,367.99 | 1,631 | 2,402.60 |
| Gross Profit | 223.37 | 223.20 | 182.47 | 355.39 |
| Operating Expense | 55.02 | 57.97 | 108.75 | 121.38 |
| Operating Income | 168.34 | 165.24 | 73.72 | 234.01 |
| EBITDA | 182.41 | 222.70 | 140.25 | 366.32 |
| EBIT | 149.51 | 186.43 | 92.19 | 268.05 |
| Pretax Income | 141.47 | 166.30 | 57.81 | 160.84 |
| Tax Provision | 36.12 | 45.34 | 16.77 | 45.39 |
| Net Income | 105.35 | 120.97 | 41.04 | 115.44 |
| Net Income Common Stockholders | 105.35 | 120.97 | 41.04 | 115.44 |
| Total Expenses | 1,243.63 | 1,425.95 | 1,739.76 | 2,523.98 |
| Interest Expense | 8.04 | 20.13 | 34.38 | 107.22 |
| Selling General And Administration | 55.02 | 57.97 | 108.75 | 121.38 |
| Normalized EBITDA | 182 | 222.53 | 135.31 | 365.61 |
| Normalized Income | 105.05 | 120.84 | 37.54 | 114.93 |
| Basic EPS | 2.10 | 2.42 | 0.82 | 1.84 |
| Diluted EPS | 2.01 | 2.39 | 0.78 | 1.83 |
| Tax Effect Of Unusual Items | 0.11 | 0.05 | 1.43 | 0.20 |
| Tax Rate For Calcs | 0.26 | 0.27 | 0.29 | 0.28 |
| Total Unusual Items | 0.41 | 0.18 | 4.93 | 0.71 |
| Total Unusual Items Excluding Goodwill | 0.41 | 0.18 | 4.93 | 0.71 |
| Net Income From Continuing Operation Net Minority Interest | 105.35 | 120.97 | 41.04 | 115.44 |
| Reconciled Depreciation | 32.90 | 36.27 | 48.06 | 98.27 |
| Reconciled Cost Of Revenue | 1,188.61 | 1,367.99 | 1,631 | 2,402.60 |
| Net Interest Income | -8.04 | -20.13 | -34.38 | -107.22 |
| Net Income From Continuing And Discontinued Operation | 105.35 | 120.97 | 41.04 | 115.44 |
| Total Operating Income As Reported | 168.34 | 165.24 | 73.72 | 234.01 |
| Diluted Average Shares | 52.39 | 50.56 | 52.66 | 63.24 |
| Basic Average Shares | 50.18 | 49.99 | 50.20 | 62.91 |
| Diluted NI Availto Com Stockholders | 105.35 | 120.97 | 41.04 | 115.44 |
| Net Income Including Noncontrolling Interests | 105.35 | 120.97 | 41.04 | 115.44 |
| Net Income Discontinuous Operations | -0.02 | 0 | 0 | 0 |
| Net Income Continuous Operations | 105.35 | 120.97 | 41.04 | 115.44 |
| Other Income Expense | -18.83 | 21.20 | 18.47 | 34.04 |
| Other Non Operating Income Expenses | -19.24 | 21.02 | 13.54 | 33.33 |
| Special Income Charges | 0.41 | 0.18 | 4.93 | 0.71 |
| Gain On Sale Of Business | 0.41 | 0.18 | 4.93 | 0.71 |
| Other Special Charges | 0 | 0 | 0 | 0 |
| Net Non Operating Interest Income Expense | -8.04 | -20.13 | -34.38 | -107.22 |
| Interest Expense Non Operating | 8.04 | 20.13 | 34.38 | 107.22 |
| General And Administrative Expense | 55.02 | 57.97 | 108.75 | 121.38 |
| Other Gand A | 55.02 | 57.97 | 108.75 | 121.38 |
| Operating Revenue | 1,411.98 | 1,591.19 | 1,813.47 | 2,757.99 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| CBIZ, Inc.this co. | CBZ | $1.8B | 18.13↓ discount | 1.01 | 6.6% | 8.18 |
| Cimpress plc | CMPR | $2.0B | 83.08 | -3.74 | -2.7% | 10.51 |
| TriNet Group, Inc. | TNET | $2.0B | 13.39 | 37.59 | 287.0% | 11.36 |
| Thermon Group Holdings, Inc. | THR | $1.9B | 33.51 | 3.62 | 10.8% | 19.03 |
| Costamare Inc. | CMRE | $1.9B | 5.71 | 0.93 |
| 16.9% |
| 5.11 |
| The Gorman-Rupp Company | GRC | $1.9B | 32.58 | 4.53 | 12.8% | 16.92 |
| Enerpac Tool Group Corp. | EPAC | $1.9B | 20.04 | 4.28 | 21.4% | 12.96 |
| Redwire Corporation | RDW | $1.7B | - | 1.55 | -19.9% | -13.72 |
| Napco Security Technologies, Inc. | NSSC | $1.7B | 37.72 | 9.71 | 25.7% | 32.13 |
| Peer Median | - | 32.58 | 3.95 | 14.8% | 12.16 | |