For the year ending 2025-12-31, CBZ had $30,920K increase in cash & cash equivalents over the period. $175,526K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 115,444 |
| Gain on sale of operations, net of tax | 711 |
| Depreciation and amortization expense | 98,270 |
| Bad debt expense, net of recoveries | 7,290 |
| Adjustment to contingent earnout liability, net | 2,588 |
| Deferred income taxes | 4,632 |
| Stock-based compensation expense | 26,004 |
| Amortization of deferred financing fees | 5,472 |
| Other, net | 5,139 |
| Accounts receivable, net | 27,096 |
| Other assets | 22,936 |
| Accounts payable | 443 |
| Income taxes payable | 17,148 |
| Accrued personnel costs | 14,202 |
| Other liabilities | -53,404 |
| Net cash provided by operating activities | 192,485 |
| Business acquisitions and purchases of client lists, net of cash acquired | 1,625 |
| Purchases of client fund investments | 43,375 |
| Proceeds from the sales and maturities of client fund investments | 39,691 |
| Proceeds from sales of assets and divested operations | 1,530 |
| Change in funds held for clients | 305 |
| Additions to property and equipment | 16,959 |
| Other, net | -5,190 |
| Net cash used in investing activities | -15,853 |
| Proceeds from bank debt | 1,480,100 |
| Payments of bank debt | 1,428,600 |
| Deferred financing costs | 983 |
| Payment for acquisition of treasury stock | 160,076 |
| Indirect repurchase of shares for minimum tax withholding | 7,844 |
| Changes in client funds obligations | -30,810 |
| Payment of contingent consideration of acquisitions and client lists | 58,682 |
| Proceeds from exercise of stock options | 0 |
| Other, net | -437 |
| Net cash provided by (used in) financing activities | -145,712 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 30,920 |
| Cash, cash equivalents and restricted cash at beginning of year | 187,170 |
| Cash, cash equivalents and restricted cash at end of year | 218,090 |
CBIZ, Inc. (CBZ)
CBIZ, Inc. (CBZ)