named one of america’s 2015 best employers and ranked as the #1 employer in the consulting and accounting industry by forbes magazine, cbiz, inc. provides professional business services that help clients better manage their finances and employees. cbiz provides its clients with financial services including accounting, tax, financial advisory, government health care consulting, risk advisory, real estate consulting, and valuation services. employee services include employee benefits consulting, property and casualty insurance, retirement plan consulting, payroll, life insurance, hr consulting, and executive recruitment. as one of the nation’s largest brokers of employee benefits and property and casualty insurance, and one of the largest accounting and valuation companies in the united states, the company’s services are provided through more than 100 company offices in 33 states. cbiz is associated with mayer hoffman mccann p.c. (mhm)*, a national, independent cpa firm. through th
Company profile
Ticker
CBZ
Exchange
Website
CEO
Jerome Grisko
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CENTURY BUSINESS SERVICES INC, INTERNATIONAL ALLIANCE SERVICES INC, REPUBLIC ENVIRONMENTAL SYSTEMS INC
SEC CIK
Corporate docs
Subsidiaries
Associated Insurance Agents, Inc. • CBIZ Accounting, Tax & Advisory of Atlanta, LLC • CBIZ Accounting, Tax & Advisory of Chicago, LLC • CBIZ Accounting, Tax & Advisory of Colorado, LLC • CBIZ Accounting, Tax & Advisory of Kansas City, LLC • CBIZ Accounting, Tax & Advisory of Maryland, LLC • CBIZ Accounting, Tax & Advisory of Memphis, LLC • CBIZ Accounting, Tax & Advisory of Minnesota, LLC • CBIZ Accounting, Tax & Advisory of New England, LLC • CBIZ Accounting, Tax & Advisory of New York, LLC ...
IRS number
222769024
CBZ stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
Cbiz Reports First-quarter 2024 Results
25 Apr 24
ARS
2023 FY
Annual report to shareholders
25 Mar 24
DEFA14A
Additional proxy soliciting materials
25 Mar 24
DEF 14A
Definitive proxy
25 Mar 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Cbiz Reports Fourth-quarter and Full-year 2023 Results
15 Feb 24
8-K
Other Events
8 Feb 24
10-Q
2023 Q3
Quarterly report
26 Oct 23
8-K
Cbiz Reports Third-quarter and Nine-month 2023 Results
26 Oct 23
Transcripts
CBZ
Earnings call transcript
2024 Q1
25 Apr 24
CBZ
Earnings call transcript
2023 Q4
15 Feb 24
CBZ
Earnings call transcript
2023 Q3
26 Oct 23
CBZ
Earnings call transcript
2023 Q2
27 Jul 23
CBZ
Earnings call transcript
2023 Q1
27 Apr 23
CBZ
Earnings call transcript
2022 Q4
16 Feb 23
CBZ
Earnings call transcript
2022 Q3
29 Oct 22
CBZ
Earnings call transcript
2022 Q2
31 Jul 22
CBZ
Earnings call transcript
2022 Q1
30 Apr 22
CBZ
Earnings call transcript
2021 Q4
17 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 122.33 mm | 122.33 mm | 122.33 mm | 122.33 mm | 122.33 mm | 122.33 mm |
Cash burn (monthly) | 7.91 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 54.45 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 67.88 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 8.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
86.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 240 |
Opened positions | 35 |
Closed positions | 25 |
Increased positions | 79 |
Reduced positions | 83 |
13F shares | Current |
---|---|
Total value | 2.24 tn |
Total shares | 43.31 mm |
Total puts | 5.40 k |
Total calls | 21.50 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
MS Morgan Stanley | 3.88 mm | $201.23 bn |
BLK Blackrock | 3.36 mm | $174.33 bn |
Vanguard | 2.67 mm | $138.43 bn |
P2 Capital Partners | 2.58 mm | $133.86 bn |
Dimensional Fund Advisors | 2.54 mm | $132.09 bn |
Burgundy Asset Management | 2.04 mm | $105.84 bn |
Allspring Global Investments | 1.36 mm | $70.60 bn |
SAMG Silvercrest Asset Management | 1.11 mm | $57.36 bn |
FIL | 1.06 mm | $55.19 bn |
STT State Street | 1.04 mm | $53.79 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Feb 24 | Jerome P Grisko | Common Stock | Payment of exercise | Dispose F | No | No | 66.07 | 4,242 | 280.27 k | 162,700.337 |
11 Feb 24 | Jerome P Grisko | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,457 | 0.00 | 166,942.337 |
11 Feb 24 | Jerome P Grisko | Common Stock | Payment of exercise | Dispose F | No | No | 66.07 | 6,082 | 401.84 k | 157,485.337 |
11 Feb 24 | Jerome P Grisko | Common Stock | Option exercise | Acquire M | No | No | 0 | 13,560 | 0.00 | 163,567.337 |
11 Feb 24 | Jerome P Grisko | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,457 | 0.00 | 9,457 |
11 Feb 24 | Jerome P Grisko | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 13,560 | 0.00 | 0 |
11 Feb 24 | Chris Spurio | Common Stock | Payment of exercise | Dispose F | No | No | 66.07 | 1,859 | 122.82 k | 217,049.952 |
11 Feb 24 | Chris Spurio | Common Stock | Option exercise | Acquire M | No | No | 0 | 4,143 | 0.00 | 218,908.952 |
11 Feb 24 | Chris Spurio | Common Stock | Payment of exercise | Dispose F | No | No | 66.07 | 2,665 | 176.08 k | 214,765.952 |
11 Feb 24 | Chris Spurio | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,941 | 0.00 | 217,430.952 |
News
CBIZ Q1 Adj $1.54 Beats $1.50 Estimate, Sales $494.30M Beat $490.88M Estimate
25 Apr 24
CBIZ Acquires Compudata, Inc.; Financial Terms Of Transaction Not Disclosed
6 Mar 24
CBIZ Q4 2023 Adj EPS $(0.26) Beats $(0.27) Estimate, Sales $327.55M Beat $309.02M Estimate
15 Feb 24
Earnings Scheduled For February 15, 2024
15 Feb 24
Earnings Preview: CBIZ
14 Feb 24
Press releases
CBIZ REPORTS FIRST-QUARTER 2024 RESULTS
25 Apr 24
CBIZ TO ANNOUNCE FIRST-QUARTER 2024 RESULTS ON APRIL 25, 2024
11 Apr 24
Hiring Growth for Small Businesses Continues in March
9 Apr 24
CBIZ's 2024 State of Health Care Report Highlights Areas of Priority for Employer Benefit Plan Sponsors
2 Apr 24
CBIZ Announces Honorees for Fourth Annual Women Transforming Business Awards
8 Mar 24