Cash flow CBIZ, Inc.

Equities

CBZ

US1248051021

Business Support Services

Market Closed - Nyse Other stock markets 04:00:02 2025-06-16 pm EDT			5-day change	1st Jan Change
68.41 ^USD	-0.65%		-7.67%	-16.40%

May. 13	CBIZ Launches Product Aimed at Helping Companies Address Tariff Challenges	MT
May. 13	CBIZ, Inc. Launches Comprehensive Tariff Solution to Help Businesses Respond to Evolving Trade Pressures	CI

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Published financial data: CBIZ, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	964M	1.1B	1.41B	1.59B	1.81B
Total Revenues	964M	1.1B	1.41B	1.59B	1.81B
Cost of Goods Sold, Total	825M	946M	1.19B	1.37B	1.63B
Gross Profit	139M	159M	223M	225M	187M
Selling General & Admin Expenses, Total	46.07M	56.15M	55.02M	56.46M	65.05M
Depreciation & Amortization - (IS)	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	46.07M	56.15M	55.02M	56.46M	65.05M
Operating Income	92.48M	103M	168M	169M	122M
Interest Expense, Total	-4.98M	-3.87M	-8.04M	-20.13M	-34.38M
Interest And Investment Income	-	-	-	700K	-
Net Interest Expenses	-4.98M	-3.87M	-8.04M	-19.43M	-34.38M
Other Non Operating Income (Expenses)	15.87M	20.61M	-16.79M	20.26M	20.53M
EBT, Excl. Unusual Items	103M	120M	144M	169M	109M
Merger & Related Restructuring Charges	-	-	-	-3.4M	-48.7M
Gain (Loss) On Sale Of Assets	-509K	6M	413K	2.98M	4.93M
Legal Settlements	-	-30.47M	-	-	-
Other Unusual Items	629K	-2.37M	-2.44M	-2.74M	-6.99M
EBT, Incl. Unusual Items	103M	93.04M	141M	166M	57.81M
Income Tax Expense	25.14M	22.13M	36.12M	45.34M	16.77M
Earnings From Continuing Operations	78.35M	70.91M	105M	121M	41.04M
Earnings Of Discontinued Operations	-48K	-24K	-18K	-	-
Net Income to Company	78.3M	70.89M	105M	121M	41.04M
Net Income - (IS)	78.3M	70.89M	105M	121M	41.04M
Net Income to Common Incl Extra Items	78.3M	70.89M	105M	121M	41.04M
Net Income to Common Excl. Extra Items	78.35M	70.91M	105M	121M	41.04M
Per Share Items
Net EPS - Basic	1.44	1.35	2.05	2.42	0.78
Basic EPS - Continuing Operations	1.44	1.35	2.05	2.42	0.78
Basic Weighted Average Shares Outstanding	54.29M	52.64M	51.5M	49.99M	52.38M
Net EPS - Diluted	1.42	1.32	2.01	2.39	0.78
Diluted EPS - Continuing Operations	1.42	1.32	2.01	2.39	0.78
Diluted Weighted Average Shares Outstanding	55.36M	53.72M	52.39M	50.56M	52.66M
Normalized Basic EPS	1.19	1.42	1.74	2.12	1.3
Normalized Diluted EPS	1.17	1.39	1.71	2.1	1.29
Supplemental Items
EBITDA	116M	130M	201M	205M	170M
EBITA	106M	119M	190M	192M	155M
EBIT	92.48M	103M	168M	169M	122M
EBITDAR	150M	166M	245M	250M	222M
Effective Tax Rate - (Ratio)	24.29	23.78	25.53	27.26	29.01
Current Domestic Taxes	27.51M	15.77M	28.21M	40.13M	31.53M
Current Foreign Taxes	78K	52K	50K	116K	76K
Total Current Taxes	27.59M	15.82M	28.26M	40.25M	31.6M
Deferred Domestic Taxes	-2.45M	6.31M	7.86M	5.09M	-14.83M
Total Deferred Taxes	-2.45M	6.31M	7.86M	5.09M	-14.83M
Normalized Net Income	64.6M	74.92M	89.7M	106M	67.86M
Interest on Long-Term Debt	4.92M	3.84M	8.03M	20.09M	34.38M
Supplemental Operating Expense Items
General and Administrative Expenses	46.07M	53.98M	57.42M	54.17M	62.69M
Net Rental Expense, Total	34.78M	35.58M	43.72M	45.09M	51.78M
Imputed Operating Lease Interest Expense	5.06M	3.59M	6.97M	14.15M	11.94M
Imputed Operating Lease Depreciation	29.72M	32M	36.74M	30.94M	39.84M
Stock-Based Comp., COGS (Total)	8.87M	11.41M	14.69M	12.29M	13.84M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	8.87M	11.41M	14.69M	12.29M	13.84M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.65M	2M	4.7M	8.09M	13.83M
Trading Asset Securities, Total	-	-	133K	-	495K
Total Cash And Short Term Investments	4.65M	2M	4.83M	8.09M	14.32M
Accounts Receivable, Total	216M	242M	334M	380M	535M
Other Receivables	-	-	-	-	4.05M
Total Receivables	216M	242M	334M	380M	539M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	23.95M	30.38M	28.49M	30.36M	38.66M
Other Current Assets, Total	192M	177M	201M	194M	244M
Total Current Assets	436M	452M	568M	613M	836M
Gross Property Plant And Equipment	271M	284M	329M	380M	598M
Accumulated Depreciation	-81.65M	-89.74M	-100M	-112M	-116M
Net Property Plant And Equipment	189M	195M	229M	268M	482M
Long-term Investments	-	405K	7.68M	5.19M	2.62M
Goodwill	683M	741M	820M	865M	2.33B
Other Intangibles, Total	73.67M	100M	132M	143M	614M
Loans Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	131M	141M	122M	149M	205M
Total Assets	1.51B	1.63B	1.88B	2.04B	4.47B
Liabilities
Accounts Payable, Total	64.12M	65.76M	80.72M	82.83M	90.65M
Accrued Expenses, Total	79.98M	114M	130M	134M	173M
Current Portion of Long-Term Debt	13K	120K	-	-	66.18M
Current Portion of Leases	30.48M	30.59M	36.36M	36.28M	60.55M
Current Income Taxes Payable	2.79M	1.67M	1.61M	2.1M	-
Other Current Liabilities	201M	211M	263M	257M	316M
Total Current Liabilities	378M	423M	512M	512M	706M
Long-Term Debt	110M	155M	264M	312M	1.33B
Long-Term Leases	142M	146M	174M	204M	373M
Deferred Tax Liability Non Current	8.75M	15.44M	24.76M	29.29M	10.88M
Other Non Current Liabilities	172M	184M	190M	195M	267M
Total Liabilities	811M	923M	1.17B	1.25B	2.69B
Common Stock, Total	1.34M	1.35M	1.36M	1.37M	1.38M
Additional Paid In Capital	741M	770M	799M	832M	1.79B
Retained Earnings	558M	629M	734M	855M	896M
Treasury Stock	-595M	-695M	-825M	-899M	-911M
Comprehensive Income and Other	-2.27M	-967K	3.6M	1.78M	1.22M
Total Common Equity	703M	705M	713M	792M	1.78B
Total Equity	703M	705M	713M	792M	1.78B
Total Liabilities And Equity	1.51B	1.63B	1.88B	2.04B	4.47B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	53.03M	51.79M	50.1M	49.8M	52.86M
ECS Total Common Shares Outstanding	53.64M	51.65M	49.9M	49.59M	49.3M
Book Value / Share	13.1	13.64	14.3	15.96	36.11
Tangible Book Value	-54.13M	-136M	-238M	-217M	-1.17B
Tangible Book Value Per Share	-1.01	-2.64	-4.77	-4.38	-23.64
Total Debt	282M	332M	474M	552M	1.83B
Net Debt	278M	330M	470M	544M	1.82B
Debt Equivalent Oper. Leases	278M	285M	350M	361M	414M
Account Code - Inventory Valuation	3	3	-	3	3
Buildings, Total	37.02M	41.89M	47.3M	58.54M	81.75M
Machinery, Total	51.47M	56.79M	63.3M	75.44M	89.56M
Full Time Employees	4.8K	6K	6.5K	6.7K	10K
Accumulated Allowance for Doubtful Accounts (Supple)	14.89M	16.16M	20.8M	25.6M	31.72M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	78.3M	70.89M	105M	121M	41.04M
Depreciation & Amortization - CF	9.57M	10.78M	11.23M	12.47M	15.36M
Amortization of Goodwill and Intangible Assets - (CF)	13.57M	16.3M	21.66M	23.8M	32.7M
Depreciation & Amortization, Total	23.14M	27.08M	32.9M	36.27M	48.06M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	509K	-6M	-413K	-176K	-4.93M
Stock-Based Compensation (CF)	8.87M	11.41M	14.69M	12.29M	13.84M
Tax Benefit from Stock Options	-2.39M	-	-	-	-
Provision and Write-off of Bad Debts	4.41M	3.05M	1.17M	1.55M	3.79M
Net Cash From Discontinued Operations	-71K	-24K	-18K	-	-
Other Operating Activities, Total	-914K	11.48M	14.5M	11.65M	-1.5M
Change In Accounts Receivable	6.71M	-17.04M	-61.11M	-36.09M	48.22M
Change In Accounts Payable	-8.8M	3.31M	14.36M	2.21M	-18.85M
Change In Income Taxes	2.16M	-4.11M	-5.58M	-5.92M	-7.54M
Change in Other Net Operating Assets	34.93M	31.11M	10.28M	10.76M	1.57M
Cash from Operations	147M	131M	126M	154M	124M
Capital Expenditure	-11.58M	-8.98M	-8.64M	-23.05M	-12.91M
Sale of Property, Plant, and Equipment	-	-	-	-	7.13M
Cash Acquisitions	-71.43M	-66.73M	-79.14M	-53.11M	-1.09B
Divestitures	-	9.71M	3.02M	3.06M	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	36.6M	-16M	-14.36M	-6.29M	-35.98M
Cash from Investing	-46.41M	-82.01M	-99.12M	-79.39M	-1.13B
Long-Term Debt Issued, Total	592M	852M	825M	1.22B	2.49B
Total Debt Issued	592M	852M	825M	1.22B	2.49B
Long-Term Debt Repaid, Total	-590M	-805M	-714M	-1.18B	-1.38B
Total Debt Repaid	-590M	-805M	-714M	-1.18B	-1.38B
Issuance of Common Stock	6.49M	7.31M	10.04M	8.76M	-
Repurchase of Common Stock	-58.54M	-100M	-130M	-73.83M	-11.51M
Other Financing Activities, Total	-27.06M	-23.13M	-7.95M	-58.75M	-61.38M
Cash from Financing	-76.61M	-69M	-17.34M	-77.11M	1.04B
Net Change in Cash	23.83M	-19.86M	9.67M	-3M	30.02M
Supplemental Items
Cash Interest Paid	4.74M	3.35M	7.42M	19.13M	25.69M
Cash Income Tax Paid (Refund)	25.94M	17M	27.82M	39.98M	37.54M
Levered Free Cash Flow	110M	118M	109M	76.91M	-11.65M
Unlevered Free Cash Flow	113M	121M	114M	89.49M	9.84M
Change In Net Working Capital	-34.49M	-26.91M	30.45M	41.41M	116M
Net Debt Issued / Repaid	2.5M	47.3M	110M	46.7M	1.11B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.97	4.1	6	5.37	2.35
Return on Total Capital	6.05	6.38	9.46	8.33	3.09
Return On Equity %	11.51	10.08	14.86	16.07	3.19
Return on Common Equity	11.51	10.08	14.86	16.07	3.19
Margin Analysis
Gross Profit Margin %	14.37	14.42	15.82	14.15	10.34
SG&A Margin	4.78	5.08	3.9	3.55	3.59
EBITDA Margin %	11.99	11.79	14.25	12.88	9.4
EBITA Margin %	11	10.81	13.46	12.09	8.55
EBIT Margin %	9.59	9.33	11.92	10.6	6.75
Income From Continuing Operations Margin %	8.13	6.42	7.46	7.6	2.26
Net Income Margin %	8.12	6.42	7.46	7.6	2.26
Net Avail. For Common Margin %	8.13	6.42	7.46	7.6	2.26
Normalized Net Income Margin	6.7	6.78	6.35	6.66	3.74
Levered Free Cash Flow Margin	11.37	10.72	7.7	4.83	-0.64
Unlevered Free Cash Flow Margin	11.69	10.94	8.05	5.62	0.54
Asset Turnover
Asset Turnover	0.66	0.7	0.81	0.81	0.56
Fixed Assets Turnover	5.22	5.76	6.66	6.4	4.84
Receivables Turnover (Average Receivables)	4.4	4.82	4.9	4.45	3.96
Short Term Liquidity
Current Ratio	1.15	1.07	1.11	1.2	1.18
Quick Ratio	0.58	0.58	0.66	0.76	0.78
Operating Cash Flow to Current Liabilities	0.39	0.31	0.25	0.3	0.18
Days Sales Outstanding (Average Receivables)	83.2	75.7	74.53	81.97	92.33
Average Days Payable Outstanding	29.41	25.06	22.49	21.85	19.52
Long Term Solvency
Total Debt/Equity	40.17	47.1	66.5	69.76	103.01
Total Debt / Total Capital	28.66	32.02	39.94	41.09	50.74
LT Debt/Equity	35.83	42.74	61.41	65.17	95.89
Long-Term Debt / Total Capital	25.56	29.06	36.88	38.39	47.23
Total Liabilities / Total Assets	53.58	56.72	62.03	61.26	60.19
EBIT / Interest Expense	18.56	26.66	20.94	8.38	3.56
EBITDA / Interest Expense	30.18	42.87	30.47	12.42	6.46
(EBITDA - Capex) / Interest Expense	27.86	40.54	29.4	11.27	6.09
Total Debt / EBITDA	1.88	2	1.94	2.21	8.25
Net Debt / EBITDA	1.85	1.99	1.92	2.18	8.18
Total Debt / (EBITDA - Capex)	2.03	2.12	2.01	2.43	8.76
Net Debt / (EBITDA - Capex)	2	2.1	1.99	2.4	8.69
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	1.63	14.63	27.79	12.69	13.97
Gross Profit, 1 Yr. Growth %	10.9	13.18	40.23	-2.96	-16.72
EBITDA, 1 Yr. Growth %	12.4	10.52	54.54	-2.95	-16.97
EBITA, 1 Yr. Growth %	12.12	10.33	59.09	-3.75	-19.56
EBIT, 1 Yr. Growth %	14.85	8.94	63.22	-5.39	-27.58
Earnings From Cont. Operations, 1 Yr. Growth %	10.27	-9.49	48.6	14.82	-66.08
Net Income, 1 Yr. Growth %	10.73	-9.47	48.62	14.82	-66.08
Normalized Net Income, 1 Yr. Growth %	9.88	13.56	19.72	12.23	-36.09
Diluted EPS Before Extra, 1 Yr. Growth %	11.81	-7.04	52.27	18.91	-67.36
Accounts Receivable, 1 Yr. Growth %	-2.64	12.02	38.13	13.65	40.7
Net Property, Plant and Equip., 1 Yr. Growth %	4.96	2.84	17.81	16.93	79.71
Total Assets, 1 Yr. Growth %	8.07	7.54	15.43	8.75	118.78
Tangible Book Value, 1 Yr. Growth %	-1.29K	151.68	74.88	-8.93	437.13
Common Equity, 1 Yr. Growth %	6.58	0.27	1.26	10.96	124.85
Cash From Operations, 1 Yr. Growth %	49.56	-10.69	-3.83	21.7	-19.42
Capital Expenditures, 1 Yr. Growth %	-16.56	-22.39	-3.82	166.77	-43.98
Levered Free Cash Flow, 1 Yr. Growth %	140.67	6.73	-8.25	-33.04	-114.66
Unlevered Free Cash Flow, 1 Yr. Growth %	129.36	5.94	-5.93	-25.36	-89.31
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.25	7.94	21.03	20	13.33
Gross Profit, 2 Yr. CAGR %	2.56	12.92	26.97	18.88	-8.39
EBITDA, 2 Yr. CAGR %	-0.26	12.51	31.93	25.44	-7.96
EBITA, 2 Yr. CAGR %	-1.85	12.35	33.83	26.93	-9.66
EBIT, 2 Yr. CAGR %	-0.04	13.18	34.92	27.87	-14.73
Earnings From Cont. Operations, 2 Yr. CAGR %	12.8	-0.1	15.97	30.63	-37.59
Net Income, 2 Yr. CAGR %	12.77	0.12	16	30.63	-37.59
Normalized Net Income, 2 Yr. CAGR %	12.67	12.89	17.83	18.91	-12.27
Diluted EPS Before Extra, 2 Yr. CAGR %	14.14	1.95	18.97	34.56	-37.71
Accounts Receivable, 2 Yr. CAGR %	2.12	4.44	24.39	25.29	26.45
Net Property, Plant and Equip., 2 Yr. CAGR %	135.18	3.9	10.07	17.37	44.96
Total Assets, 2 Yr. CAGR %	13.12	7.8	11.42	12.04	54.25
Tangible Book Value, 2 Yr. CAGR %	11.75	446.17	109.8	26.2	121.18
Common Equity, 2 Yr. CAGR %	8.79	3.38	0.77	6	57.95
Cash From Operations, 2 Yr. CAGR %	18.12	15.58	-7.32	8.19	-0.97
Capital Expenditures, 2 Yr. CAGR %	-11.03	-19.53	-13.6	60.18	22.25
Levered Free Cash Flow, 2 Yr. CAGR %	16.01	61.27	-0.42	-19.42	-67.26
Unlevered Free Cash Flow, 2 Yr. CAGR %	14.75	56.83	0.44	-13.95	-70.59
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.06	6.22	14.18	18.19	17.96
Gross Profit, 3 Yr. CAGR %	11.57	6.54	21.37	17.56	5.58
EBITDA, 3 Yr. CAGR %	8.9	3.86	25.07	21.02	9.4
EBITA, 3 Yr. CAGR %	7.97	2.76	26.16	21.96	9.1
EBIT, 3 Yr. CAGR %	11.64	3.68	27.87	22.17	5.88
Earnings From Cont. Operations, 3 Yr. CAGR %	15.36	4.82	14.04	15.58	-16.66
Net Income, 3 Yr. CAGR %	15.84	4.81	14.21	15.6	-16.66
Normalized Net Income, 3 Yr. CAGR %	12.41	13.76	15.12	17.92	-3.24
Diluted EPS Before Extra, 3 Yr. CAGR %	15.57	6.59	16.54	18.95	-16.08
Accounts Receivable, 3 Yr. CAGR %	4.71	5.32	14.64	20.7	30.23
Net Property, Plant and Equip., 3 Yr. CAGR %	93.58	78.51	8.34	12.31	35.28
Total Assets, 3 Yr. CAGR %	8.77	11.23	10.29	10.52	40.04
Tangible Book Value, 3 Yr. CAGR %	-13.04	46.48	273.65	58.85	104.52
Common Equity, 3 Yr. CAGR %	9.79	5.87	2.67	4.06	36.2
Cash From Operations, 3 Yr. CAGR %	23.99	7.61	8.71	1.49	-1.93
Capital Expenditures, 3 Yr. CAGR %	-0.89	-14.99	-14.6	25.81	12.86
Levered Free Cash Flow, 3 Yr. CAGR %	39.33	13.3	33.63	-11.14	-53.84
Unlevered Free Cash Flow, 3 Yr. CAGR %	36.12	12.19	32.26	-7.4	-56.66
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.13	6.68	10.54	11.53	13.84
Gross Profit, 5 Yr. CAGR %	7.16	9.3	17.49	11.31	8.46
EBITDA, 5 Yr. CAGR %	6.12	8.18	17.59	12.01	10.63
EBITA, 5 Yr. CAGR %	5.74	7.68	17.66	11.82	10.39
EBIT, 5 Yr. CAGR %	7.14	9.41	20.43	12.75	8.74
Earnings From Cont. Operations, 5 Yr. CAGR %	17.49	11.8	15.6	14.46	-10.4
Net Income, 5 Yr. CAGR %	18.08	12.09	15.9	14.46	-10.31
Normalized Net Income, 5 Yr. CAGR %	13.15	12.97	14.54	15.79	2.91
Diluted EPS Before Extra, 5 Yr. CAGR %	16.56	11.67	16.92	17	-9.29
Accounts Receivable, 5 Yr. CAGR %	7.07	6.67	12.18	12.9	19.22
Net Property, Plant and Equip., 5 Yr. CAGR %	56.48	58.5	54.45	50.95	21.72
Total Assets, 5 Yr. CAGR %	8.73	7.79	9.82	11.55	26.13
Tangible Book Value, 5 Yr. CAGR %	-12.86	5.47	23.68	38.01	202.95
Common Equity, 5 Yr. CAGR %	10.42	7.98	6.09	5.92	21.98
Cash From Operations, 5 Yr. CAGR %	25.38	12.11	10.36	7.84	4.73
Capital Expenditures, 5 Yr. CAGR %	9.39	16.75	-6.19	9.53	-1.42
Levered Free Cash Flow, 5 Yr. CAGR %	22.42	13.99	21.81	-1.14	-23.87
Unlevered Free Cash Flow, 5 Yr. CAGR %	21.17	12.98	20.53	0.89	-27.51