CBIZ, Inc. is a leading provider of financial, insurance and advisory services to businesses throughout the United States. Financial services include accounting, tax, transaction advisory, risk advisory, valuation services and government health care consulting. Insurance services include employee benefits consulting, retirement plan consulting, property and casualty insurance, payroll, and human capital consulting. With more than 100 Company offices in 31 states, CBIZ is one of the largest accounting and insurance brokerage providers in the U.S.
Company profile
Ticker
CBZ
Exchange
Website
CEO
Jerome Grisko
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Alibaba Group Holding • EBay • Visa • DiDi Global • Uber • PayPal • Accenture • Nielsen • Bread Financial • Mastercard ...
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)
8-K
Submission of Matters to a Vote of Security Holders
16 May 23
10-Q
2023 Q1
Quarterly report
28 Apr 23
8-K
Cbiz Reports First-quarter 2023 Results
28 Apr 23
ARS
2022 FY
Annual report to shareholders
28 Mar 23
DEFA14A
Additional proxy soliciting materials
28 Mar 23
DEF 14A
Definitive proxy
28 Mar 23
8-K
Departure of Directors or Certain Officers
22 Mar 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
Cbiz Reports Fourth-quarter and Full-year 2022 Results
17 Feb 23
8-K
Cbiz Board Appoints Rodney a. Young As Independent Director
10 Feb 23
Transcripts
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
CBZ
Earnings call transcript
2021 Q3
30 Oct 21
CBZ
Earnings call transcript
2021 Q2
1 Aug 21
CBZ
Earnings call transcript
2021 Q1
1 May 21
CBZ
Earnings call transcript
2020 Q4
18 Feb 21
Latest ownership filings
4
JOSEPH S DIMARTINO
22 May 23
4
JOSEPH S DIMARTINO
17 May 23
4
BENAREE PRATT WILEY
12 May 23
4
RICHARD T MARABITO
12 May 23
4
TODD J SLOTKIN
12 May 23
4
A HAAG SHERMAN
12 May 23
4
Gina D France
12 May 23
4
Michael H DeGroote
12 May 23
4
RICK L BURDICK
12 May 23
144
Notice of proposed sale of securities
1 May 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| 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) | 131.52 mm | 131.52 mm | 131.52 mm | 131.52 mm | 131.52 mm | 131.52 mm |
| Cash burn (monthly) | 9.54 mm | 4.75 mm | (no burn) | (no burn) | 14.84 mm | (no burn) |
| Cash used (since last report) | 18.43 mm | 9.17 mm | n/a | n/a | 28.65 mm | n/a |
| Cash remaining | 113.09 mm | 122.35 mm | n/a | n/a | 102.87 mm | n/a |
| Runway (months of cash) | 11.9 | 25.8 | n/a | n/a | 6.9 | n/a |
Institutional ownership, Q1 2023
88.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 223 |
| Opened positions | 24 |
| Closed positions | 26 |
| Increased positions | 82 |
| Reduced positions | 71 |
| 13F shares | Current |
|---|---|
| Total value | 2.17 tn |
| Total shares | 44.41 mm |
| Total puts | 1.60 k |
| Total calls | 10.50 k |
| Total put/call ratio | 0.2 |
| Largest owners | Shares | Value |
|---|---|---|
| MS Morgan Stanley | 3.90 mm | $192.99 bn |
| BLK Blackrock | 3.26 mm | $161.18 bn |
| Dimensional Fund Advisors | 3.21 mm | $158.74 bn |
| P2 Capital Partners | 2.76 mm | $136.57 bn |
| Vanguard | 2.63 mm | $129.93 bn |
| FIL | 1.88 mm | $92.93 bn |
| Burgundy Asset Management | 1.81 mm | $89.48 bn |
| Allspring Global Investments | 1.60 mm | $79.30 bn |
| Victory Capital Management | 1.50 mm | $74.34 bn |
| Silvercrest Asset Management | 1.28 mm | $63.10 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 19 May 23 | Joseph S Dimartino | Common Stock | Sell | Dispose S | No | No | 50.3944 | 4,873 | 245.57 k | 20,999 |
| 17 May 23 | Joseph S Dimartino | Common Stock | Sell | Dispose S | No | No | 50.2788 | 5,000 | 251.39 k | 25,872 |
| 15 May 23 | Joseph S Dimartino | Common Stock | Sell | Dispose S | No | No | 49.7351 | 5,000 | 248.68 k | 30,872 |
| 15 May 23 | Joseph S Dimartino | Common Stock | Sell | Dispose S | No | No | 49.9134 | 5,000 | 249.57 k | 35,872 |
| 10 May 23 | Burdick Rick L | Common Stock | Grant | Acquire A | No | No | 0 | 3,022 | 0.00 | 177,830 |
| 10 May 23 | DeGroote Michael H | Common Stock | Grant | Acquire A | No | No | 0 | 3,022 | 0.00 | 131,005 |
| 10 May 23 | Richard T Marabito | Common Stock | Grant | Acquire A | No | No | 0 | 3,022 | 0.00 | 8,526 |
Press releases
Confidence Among Small to Midsize Businesses Waning Amid Economic Downturn
24 May 23
CBIZ Announces Winners of the 2023 Women Transforming Business Awards
9 May 23
CBIZ REPORTS FIRST-QUARTER 2023 RESULTS
27 Apr 23
CBIZ Investment Advisory Services Named #3 on Barron's List of Top 100 Institutional Consulting Teams
25 Apr 23
CBIZ TO ANNOUNCE FIRST-QUARTER 2023 RESULTS ON APRIL 27, 2023
12 Apr 23