Financials CBIZ, Inc.

Equities

CBZ

US1248051021

Business Support Services

Market Closed - Nyse Other stock markets 04:00:02 2024-12-10 pm EST			5-day change	1st Jan Change
79.18 ^USD	+1.50%		-3.19%	+26.51%

Dec. 03	CBIZ Appoints Brad Lakhia as Finance Chief	MT
Dec. 03	CBIZ, Inc. Announces Chief Financial Officer Changes, Effective March 17, 2025	CI

Projected Income Statement: CBIZ, Inc.

income-statement-evolution-chart CBIZ-INC

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	948.4	963.9	1,105	1,412	1,591	1,871	3,055	3,220
Change	-	1.63%	14.63%	27.79%	12.69%	17.58%	63.28%	5.4%
EBITDA ¹	120.6	132.1	148.5	190.1	223.8	232.1	427.2	463.7
Change	-	9.57%	12.37%	28.08%	17.69%	3.71%	84.06%	8.54%
EBIT ¹	80.52	92.48	72.67	168.3	165.2	175.8	359.2	395.7
Change	-	14.85%	-21.42%	131.65%	-1.84%	6.39%	104.32%	10.16%
Interest Paid ¹	-5.765	-4.983	-3.868	-8.039	-20.13	-33.4	-100.6	-87.5
Earnings before Tax (EBT) ¹	92.89	103.5	93.04	141.5	166.3	140.1	258.6	308.2
Change	-	11.41%	-10.1%	52.08%	17.53%	-15.76%	84.58%	19.18%
Net income ¹	70.71	78.3	70.89	105.4	121	100.3	186.2	221.9
Change	-	10.73%	-9.47%	48.62%	14.82%	-17.09%	85.64%	19.17%
Announcement Date	2/20/20	2/18/21	2/17/22	2/16/23	2/15/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	203.1	277.5	236.9	238.4	211.1	300.7	278.6	282.7	242.8	391.7	362	363.3	295	454.6	398.5	410.5	327.5	494.3	420	438.9	517.9
Change	-	36.58%	-14.6%	0.61%	-11.44%	42.45%	-7.34%	1.46%	-14.11%	61.32%	-7.6%	0.36%	-18.78%	54.08%	-12.34%	3.02%	-20.22%	50.91%	-15.03%	4.49%	18%
EBITDA	2.676	57.04	35.89	33.99	5.196	73.32	42.9	37.27	-5.021	92.9	55.73	45.86	-4.351	113.3	54.44	61.56	-5.434	118.8	50.68	75.71	-
Change	-	2,031.65%	-37.08%	-5.29%	-84.71%	1,311.03%	-41.49%	-13.12%	-	-	-40.01%	-17.7%	-	-	-51.98%	13.1%	-	-	-57.35%	49.39%	-100%
EBIT ¹	-8.058	67.14	16.77	22.29	-13.72	62.28	-2.57	31.36	-18.39	85.11	61.29	41.35	-19.41	98	38.72	55.26	-26.74	99.1	31.59	49.69	-25.1
Change	-	-	-75.03%	32.94%	-	-	-	-	-	-	-27.99%	-32.53%	-	-	-60.49%	42.7%	-	-	-68.12%	57.26%	-
Charge d'intérêts ¹	-1.256	-1.119	-2.074	-0.974	-0.816	-0.877	-0.959	-1.016	-1.016	-1.259	-1.645	-2.305	-2.83	-3.641	-5.534	-5.848	-5.108	-4.511	-5.884	-4.968	-18
Earnings before Tax (EBT) ¹	-4.3	50.32	28.09	27.16	-2.069	66.19	11.23	29.21	-13.58	77.45	43.88	36.6	-16.45	99.57	38.61	47.2	-19.07	104	28.19	50.97	-43.1
Change	-	-	-44.18%	-3.31%	-	-	-83.03%	160.1%	-	-	-43.34%	-16.58%	-	-	-61.22%	22.24%	-	-	-72.89%	80.79%	-
Net income ¹	-1.152	36.85	21.47	20.08	-0.094	50.21	8.607	21.69	-9.62	58.13	31.26	27.47	-11.5	73.16	26.86	33.68	-12.74	76.88	19.79	35.08	-31.5
Change	-	-	-41.74%	-6.48%	-	-	-82.86%	152.02%	-	-	-46.23%	-12.11%	-	-	-63.28%	25.38%	-	-	-74.26%	77.25%	-
Announcement Date	2/20/20	5/6/20	7/30/20	10/29/20	2/18/21	4/29/21	7/29/21	10/28/21	2/17/22	4/28/22	7/28/22	10/27/22	2/16/23	4/27/23	7/27/23	10/26/23	2/15/24	4/25/24	7/31/24	10/29/24	-

¹USD in Million

Estimates

Forecast Balance Sheet: CBIZ, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	303	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	2/20/20	2/18/21	2/17/22	2/16/23	2/15/24	-	-	-

Estimates

Cash Flow Forecast: CBIZ, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	13.87	11.58	8.984	8.641	23.05	12.7	20	20
Change	-	-16.56%	-22.39%	-3.82%	166.77%	-44.91%	57.48%	0%
Free Cash Flow (FCF) ¹	84.31	135.3	122.2	117.5	130.5	112.4	228.5	262.8
Change	-	60.44%	-9.68%	-3.83%	11.03%	-13.84%	103.29%	15.01%
Announcement Date	2/20/20	2/18/21	2/17/22	2/16/23	2/15/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: CBIZ, Inc.

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	12.71%	13.71%	13.44%	13.47%	14.06%	12.41%	13.98%	14.4%
EBIT Margin (%)	-	8.49%	9.59%	6.58%	11.92%	10.38%	9.4%	11.76%	12.29%
EBT Margin (%)	-	9.79%	10.74%	8.42%	10.02%	10.45%	7.49%	8.47%	9.57%
Net margin (%)	-	7.46%	8.12%	6.42%	7.46%	7.6%	5.36%	6.1%	6.89%
FCF margin (%)	-	8.89%	14.03%	11.06%	8.32%	8.2%	6.01%	7.48%	8.16%
FCF / Net Income (%)	-	119.23%	172.76%	172.34%	111.52%	107.84%	112.06%	122.72%	118.43%
Profitability
ROA	4.9%	3.9%	3.97%	4.1%	6%	5.37%	-	-	-
ROE	10.95%	11.34%	11.51%	10.08%	14.86%	16.07%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	1.35x	-	-	-
Debt / Free cash flow	-	-	-	-	-	2.32x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	1.46%	1.2%	0.81%	0.61%	1.45%	0.68%	0.65%	0.62%
CAPEX / EBITDA (%)	-	11.51%	8.76%	6.05%	4.54%	10.3%	5.47%	4.68%	4.31%
CAPEX / FCF (%)	-	16.45%	8.56%	7.35%	7.35%	17.67%	11.3%	8.75%	7.61%
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	11.79	12.69	13.11	13.62	15.66	-	-	-
Change	-	-	7.61%	3.33%	3.84%	14.97%	-	-	-
EPS ¹	-	1.26	1.41	1.32	2.01	2.39	1.91	2.91	3.47
Change	-	-	11.9%	-6.38%	52.27%	18.91%	-20.08%	52.36%	19.24%
Nbr of stocks (in thousands)	-	54,332	54,061	51,703	50,556	49,619	49,999	49,999	49,999
Announcement Date	-	2/20/20	2/18/21	2/17/22	2/16/23	2/15/24	-	-	-