CBZNYSEServices-Business Services, NECFiscal year ends December 31
CBIZ, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$54.78+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- $3.27B
- P/E (TTM)
- 27.4
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
12.9%−1.5 pts over 5 years
Operating margin
8.5%−1.1 pts over 5 years
Net margin
4.2%−3.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +52.1% | +25.0% | +23.4% | +13.9% | |
| Gross profit | +94.8% | +16.7% | +20.7% | +13.7% | |
| Operating income | +217.4% | +11.6% | +20.4% | +13.6% | |
| Net income | +181.3% | +3.1% | +8.1% | +13.0% | |
| EPS, diluted | +134.6% | -3.1% | +5.4% | +10.9% | |
| Free cash flow | +58.4% | +14.3% | +5.3% | +15.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.8% | 11.5% | 6.5% | |
| Return on assets | 3.8% | 5.4% | 2.6% | |
| Current ratio | 1.30 | 1.15 | 1.22 | |
| Debt to equity | 0.40 | 0.15 | 0.83 | |
| Net debt to EBITDA | -0.11× | -0.55× | 4.33× | |
| Interest coverage | 10.0× | 18.6× | 2.2× | |
| Capex to revenue | 0.5% | 1.2% | 0.6% | |
| Diluted shares | 54M | 55M | 63M |
Where the cash went
Fiscal 2021 to 2025, five years combined
CBIZ generated $726.97M from operations and spent $515.99M on capital expenditure, dividends and share buybacks. 14% of that went back into the business.
Generated
$726.97M
Used
$515.99M
Capital expenditure$70.55M14%Dividends$00%Share buybacks$445.44M86%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.2%
×Asset turnover0.62×
×Equity multiplier2.51×
=Return on equity, FY20256.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 4.2% | 0.62× | 2.51× | 6.5% |
| FY2024 | 2.3% | 0.56× | 2.53× | 3.2% |
| FY2023 | 7.6% | 0.81× | 2.61× | 16.1% |
| FY2022 | 7.5% | 0.81× | 2.47× | 14.9% |
| FY2021 | 6.4% | 0.70× | 2.23× | 10.1% |
| FY2020 | 8.1% | 0.66× | 2.14× | 11.5% |
| FY2019 | 7.5% | 0.73× | 2.06× | 11.3% |
| FY2018 | 6.7% | 0.78× | 2.10× | 11.0% |
| FY2017 | 5.9% | 0.75× | 2.27× | 10.0% |
| FY2016 | 5.0% | 0.76× | 2.33× | 8.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$115.44M
- Cash generatingOperating cash flow above zero$192.49M
- Return on assets improvedROA up on the prior year2.0% → 2.6%
- Earnings backed by cashOperating cash flow above net income$192.49M vs $115.44M
- Less leverageLong-term debt to assets fell29.8% → 31.5%
- Better liquidityCurrent ratio rose1.18 → 1.22
- No dilutionShare count did not rise53M → 63M
- Gross margin improvedGross margin up on the prior year10.06% → 12.89%
- More efficientAsset turnover rose0.89 → 0.62