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Saturday 17 October 2026 Export CBZ’s income statement to Excel — free account

CBIZ, Inc.

CBZ Industrials Specialty Business Services

CBIZ, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 52.1% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 53.0%, free cash flow grew 32.1% and total debt fell 6.10%, each against the same quarter a year earlier. Revenue growth for ten consecutive years; insiders bought in the last twelve months.

54.78 0.05 +0.09%
Market cap
$3.0B
P/E
25.6×
Fwd P/E
12.1×
Dividend yield
—
F-score
8/9
Altman Z
1.89
Beneish M
−2.53
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.46
Total sells 0.88
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 1 — — — 2 — — — — — — —
Sell — 1 — — 1 — — — — — — —
Insider Ownership 17.66%

Capital & Financial Ratios $m

Market Cap 3,010.00
Revenue 2,767.27
Net Income 122.12
Free Cash Flow 274.26
Net Debt 1,389.19
Current Ratio 1.47
Debt/Equity 0.78
P/E ratio 25.60
Fwd P/E 12.10
P/S ratio 1.18
P/B ratio 1.75
Past 5Y EPS Growth 5.35%
This Y EPS Growth 15.42% (at or above 15%: strong)
Next Y EPS Growth 7.54%
Next Y revenue growth 2.36%
Next 5Y EPS Growth 11.60%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.7×, against a ten-year median of 1.7×; over the ten years it ranged from 0.9× in 2016 to 3.2× in 2025.
P/E against its own 10 years 75.01%
10-year low 10-year high
P/S against its own 10 years 31.07%
10-year low 10-year high
P/B against its own 10 years 29.93%
10-year low 10-year high
EV/Sales against its own 10 years 52.23%
10-year low 10-year high
EV/FCF against its own 10 years 46.11%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 38 52 57 71
Receivables 380 535 556 712
Inventory — — — —
Other 194 248 287 222
613 836 899 1,004
2023 2024 2025 Q'26
Payables 83 91 91 116
ST’ Debt — 66 66 84
Other 257 316 305 240
512 706 736 684

Compound Annual Growth %

10y 5y 3y
Sales 13.90% 23.40% 25.00%
Cash Flow 15.05% 5.56% 15.13%
Earnings 12.97% 8.07% 3.10%
Book Value 15.20% 20.19% 35.17%

Revenue $m

Mar Jun Sep Dec Year
’26 849 682 — — —
’25 838 683 694 543 2,758
’24 494 420 439 460 1,813
’23 455 399 411 328 1,591
’22 392 362 363 295 1,412
’21 301 279 283 243 1,105
’20 277 237 238 211 964
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (26) 148 — — —
’25 (88) 113 24 144 192
’24 (64) 88 44 56 124
’23 (45) 74 28 96 154
’22 (51) 79 32 66 126
’21 (15) 81 15 50 131
’20 (19) 74 26 65 147
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (29) 139 — — —
’25 (93) 105 22 142 176
’24 (69) 86 41 52 111
’23 (48) 66 20 92 130
’22 (52) 77 29 63 117
’21 (16) 79 11 48 122
’20 (21) 72 22 63 135
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 2.63 0.31 — — —
’25 1.91 0.66 0.48 (1.28) 1.83
’24 1.53 0.39 0.70 (1.53) 0.78
’23 1.44 0.53 0.67 (0.26) 2.39
’22 1.10 0.60 0.53 (0.23) 2.01
’21 0.92 0.16 0.41 (0.19) 1.32
’20 0.66 0.39 0.36 0.00 1.41
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 9.30 12.70 15.40 19.02 16.85 25.25 35.46 45.22 60.59 47.89

Analyst estimates 2026–2028

Powerpack
High 14.05 17.25 24.38 28.33 28.73 40.62 51.67 63.12 86.36 90.13
People
People Employees 4,600 4,600 4,800 4,800 4,800 6,000 6,500 6,700 10,000 9,500
Revenue/emp, $m 0.17 0.19 0.19 0.20 0.20 0.18 0.22 0.24 0.18 0.29
Income, $m
Income, $m Revenue 800 855 922 948 964 1,105 1,412 1,591 1,813 2,758
Gross margin, % 12.77 11.66 14.29 13.17 14.37 14.42 15.82 14.03 10.06 12.89
EBT 67 74 80 93 103 93 141 166 58 161
EBT margin, % 8.38 8.69 8.66 9.79 10.74 8.42 10.02 10.45 3.19 5.83
Net income 40 50 62 71 78 71 105 121 41 115
Depreciation 22 23 24 22 23 27 33 37 49 104
Per share, $
Per share, $ Revenue 15.29 15.88 16.90 17.47 17.76 20.99 27.42 31.83 34.62 43.84
Earnings 0.75 0.91 1.09 1.26 1.41 1.32 2.01 2.39 0.78 1.83
Cash flow 1.42 1.43 1.93 1.81 2.70 2.49 2.45 3.07 2.36 3.06
Capex (0.08) (0.22) (0.27) (0.26) (0.21) (0.17) (0.17) (0.46) (0.25) (0.27)
Free cash flow 1.34 1.21 1.66 1.55 2.49 2.32 2.28 2.61 2.12 2.79
Book value 9.17 9.86 10.88 12.14 12.94 13.39 13.85 15.84 33.99 28.01
Shares, m 52 54 55 54 54 53 52 50 52 63
Valuation, ×
Valuation, × P/E 18.09 17.44 18.07 21.23 18.87 30.09 23.32 26.00 75.07 28.50
P/S 0.90 0.99 1.17 1.54 1.50 1.86 1.70 1.94 2.36 1.15
P/B 1.50 1.59 1.81 2.22 2.06 2.92 3.37 3.91 2.41 1.80
EV/Sales 1.12 1.18 1.30 1.65 1.61 2.00 1.89 2.14 3.11 1.66
EV/FCF 12.82 15.45 13.21 18.59 11.48 18.11 22.71 26.08 50.85 26.05
Cash, $m
Cash, $m Operating cash flow 74 77 105 98 147 131 126 154 124 192
Capex (4) (12) (15) (14) (12) (9) (9) (23) (13) (17)
Free cash flow 70 65 91 84 135 122 117 130 111 176
Balance, $m
Balance, $m Working capital 102 114 102 90 58 28 56 101 130 164
Total debt 193 180 134 133 137 186 300 311 1,400 1,456
Net debt 161 146 106 103 109 153 266 272 1,347 1,399
Shareholders’ equity 480 531 594 659 703 705 713 792 1,780 1,762
Returns, %
Returns, % ROA 3.79 4.39 5.22 5.47 5.37 4.51 6.01 6.17 1.26 2.60
ROIC 6.41 6.13 8.27 6.60 7.13 5.29 10.74 9.71 1.47 4.63
ROE 8.83 9.97 10.95 11.29 11.50 10.08 14.86 16.07 3.19 6.52
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

CBIZ, Inc. vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AMTM Amentum Holdings, Inc. $4.7B 23.5× 21.9× −1.99% (below 0%: shrinking) +575.00% (above 0%: growing) +35.00% (above 0%: growing) 10.32% 4.93% Compare
UNF Unifirst Corporation $4.6B 39.7× 39.4× +3.87% (above 0%: growing) −48.20% (below 0%: shrinking) −21.68% (below 0%: shrinking) 37.00% 3.63% Compare
AZZ AZZ Inc. $3.9B 23.2× 22.1× +16.68% (above 0%: growing) −34.39% (below 0%: shrinking) +115.52% (above 0%: growing) 25.08% 17.21% Compare
FA First Advantage Corporation $3.5B 132× 67.8× +14.88% (above 0%: growing) +5,455.56% (above 0%: growing) +120.17% (above 0%: growing) 45.46% 12.71% Compare
MMS Maximus, Inc. $3.2B 9.0× 8.1× −5.15% (below 0%: shrinking) +4.81% (above 0%: growing) +30.90% (above 0%: growing) 27.27% 12.62% Compare
CBZ CBIZ, Inc. $3.0B 25.6× 12.1× −0.19% (below 0%: shrinking) −53.03% (below 0%: shrinking) +32.13% (above 0%: growing) 10.62% 4.99%
ABM ABM Industries Incorporated $3.0B 18.4× 12.2× +4.19% (above 0%: growing) +25.37% (above 0%: growing) −13.91% (below 0%: shrinking) 12.35% 3.95% Compare
TIC Acuren Corporation $1.9B — (loss-making) — (loss-making) +86.14% (above 0%: growing) n/m −102.16% (below 0%: shrinking) 34.94% 1.86% Compare
CMPR Cimpress plc $1.9B 19.5× 18.4× +8.68% (above 0%: growing) n/m −0.56% (below 0%: shrinking) 45.50% 6.86% Compare
Median of peers $3.3B 23.2× 21.9× +6.44% +15.09% +15.17% 31.11% 5.89%

All 44 Specialty Business Services stocks →

CBIZ, Inc. (CBZ) key facts

  • Strength: CBIZ, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 52.1% from fiscal 2024.
  • CBIZ, Inc. (CBZ) is a Specialty Business Services company in the Industrials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, CBZ traded at $54.78, a market capitalization of $3.0 billion.
  • Return on equity was 6.52% and debt-to-equity 0.78.
  • Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 1.89 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

CBIZ, Inc. (CBZ) Latest News

6 Aug

Impact 5 ·

30 Jul

Impact 5 ·

29 Jul

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stockrow.com/CBZ · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com