CBZCBIZ, Inc.
Services-Business Services, NEC
- Revenue
- $2.8B
- 52% YoY
- Operating margin
- 8.5%
- 109% YoY
- EBITDA
- $332M
- 173% YoY
- Market cap
- —
- Employees
- 9,500
- $290K revenue each
- Net debt / EBITDA
- 4.0×
- $1.3B net debt
- AI in 10-K
- 0.5
- mentions per 10K words
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear167% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear83% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired51% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $1.6B | $1.8B | $2.8B | 52% |
| Operating income | $73M | $168M | $165M | $74M | $234M | 217% |
| Net income | $71M | $105M | $121M | $41M | $115M | 181% |
| Operating cash flow | $131M | $126M | $154M | $124M | $192M | 56% |
| Capex | $9M | $9M | $23M | $13M | $17M | 31% |
| Stock-based comp | $11M | $15M | $12M | $14M | $26M | 88% |
| Buybacks | $97M | $123M | $65M | $0 | $160M |
Deal filings
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.