CBIZ, Inc. (CBZ) Stock

CBIZ, Inc. (CBZ) is a Technology stock trading at $54.65 (as of 2026-08-21), with a market capitalization of $2.97B and a trailing P/E of 263.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada through segments including Financial Services, Benefits and Insurance Services, and National Practices. Its offerings range from accounting, tax, advisory and government healthcare consulting to employee benefits, payroll and insurance services, as well as IT managed networking and health care consulting for businesses, individuals, governmental entities, and not-for-profits.

Understand CBIZ, Inc.: how it makes money

CBIZ provides financial services, employee benefits and insurance-related services, and advisory services to clients in the United States and Canada, and it makes money by delivering these professional services for client work and related solutions.

CBIZ's profit model runs on professional-service revenue with thin margins (gross margin 13.0%, operating margin 8.5%), so results depend on sustaining revenue across Financial Services and Benefits and Insurance Services and on cash collection efficiency (Days Sales Outstanding of 96).

Revenue by segment (latest quarter)
Financial	$0.6B
Benefits&Ins	$0.1B
NationalPrac	$0.0B

Business quality (Mixed): Good segment revenue visibility across the three named business areas, and one clear working-capital style operating metric (Days Sales Outstanding). The set of operating KPIs provided is limited, so fewer direct drivers of margin changes are shown.

Valuation: Trades at 19× trailing earnings · $2B market cap.

Bull case

Largest revenue contribution from Financial Services: Financial Services revenue is listed as 0.44B, making it the biggest piece of the business in the quarter.
Acquisition contribution is disclosed: Revenue attributed to newly acquired Markham operations is listed as 0.11B, which can support total revenue growth.

Bear case

Thin profitability: Gross margin is 13.0% and operating margin is 8.5%, which can leave less room for cost inflation or revenue softness.
Cash collection timing risk: Days Sales Outstanding is 96, which suggests working capital can be tied up for an extended period if collections slow.
Business concentration in one area: National Practices revenue is listed at 0.01B, indicating a small contribution versus Financial Services (and Benefits and Insurance Services).

Valuation — source: SEC EDGAR (first-party)
Price	$54.65
Market Cap	$2.97B
P/E Ratio	263.0
EV / EBITDA	13.4
Price / Book	1.59
Price / Sales	1.14
FCF Yield	9.2%
DCF Value (model)	$8.32
DCF Upside vs Price	-84.8%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$2.76B
Net Margin	4.2%
Revenue Growth (YoY)	-0.2%
EPS Growth (YoY)	-53.0%
FCF Growth (YoY)	5.0%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.85 (grey)
Piotroski F-Score	7/9 (strong)

Valuation vs Sector & Industry
Stock P/E	263.0
Sector P/E (Technology)	33.9
Industry P/E (Business Services)	29.9
vs Sector	676.8%
vs Industry	780.6%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($244.06M)
Institutional Holders Tracked	10
Congressional Trades (recent)	7

Company
Sector	Technology
Industry	Business Services
CEO	Jerome Grisko Jr.
Employees	10,000
Country	US
IPO Date	1995-04-27

Related Companies (Business model: IT Services / Consulting and Managed Services; 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.