---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-003969"
form_type: "8-K"
ticker: "CBZ"
cik: "0000944148"
company_name: "CBIZ, Inc."
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T08:30:14.290641+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CBIZ reports record FY2022 revenue of $1,412M (+27.8%); GAAP EPS $2.01 (+52.3%)

## Summary
- Q4 revenue $295.0M (+21.5%); same-unit revenue +10.1%.
- FY2022 adjusted EPS $2.13 (+28.3%); adjusted EBITDA $190.1M (+28.1%).
- Acquisitions added $155M annualized revenue in 2022; Somerset deal ($55M) closed Feb 2023.
- 2023 outlook: revenue +8-10%; GAAP EPS $2.31-$2.36; adjusted EPS $2.36-$2.41.
- Repurchased 2.8M shares in FY2022; credit facility leverage ~1.5x adjusted EBITDA.

## SEC filing metadata
- accession: 0001628280-23-003969
- form_type: 8-K
- ticker: CBZ
- cik: 0000944148
- company_name: CBIZ, Inc.
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944148/000162828023003969/0001628280-23-003969-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944148/000162828023003969/cbz-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-003969
- JSON: https://secwatch.observer/filing/0001628280-23-003969.json
- Plain text: https://secwatch.observer/filing/0001628280-23-003969.txt

## Key facts
- Earnings Releases
  CBIZ, Inc. reported the full year ended December 31, 2022 results: revenue $1,412.0 million, net income Income from continuing operations was $105.4 million, EPS $2.01 per diluted share. Guidance raised.
  - Period: the full year ended December 31, 2022
  - Revenue: $1,412.0 million
  - Net income: Income from continuing operations was $105.4 million
  - EPS: $2.01 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: For the full year ended December 31, 2022, CBIZ recorded revenue of $1,412.0 million, an increase of $307.1 million, or 27.8%, over the $1,104.9 million for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/944148/000162828023003969/0001628280-23-003969-index.htm
- Earnings Releases
  CBIZ, Inc. reported the three and twelve months ended December 31, 2022 results: revenue $295.0 million, net income Loss from continuing operations was $11.5 million, EPS $0.21 per diluted share. Guidance raised.
  - Period: the three and twelve months ended December 31, 2022
  - Revenue: $295.0 million
  - Net income: Loss from continuing operations was $11.5 million
  - EPS: $0.21 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: For the 2022 fourth quarter, CBIZ recorded revenue of $295.0 million, an increase of $52.2 million, or 21.5%, compared with $242.8 million reported for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/944148/000162828023003969/0001628280-23-003969-index.htm
- Earnings Releases
  CBIZ, Inc. updated its 2023 outlook guidance (raised).
  - Period: 2023 outlook
  - Guidance: raised
  - Result: guidance update
  source text: The Company expects revenue to grow within a range of 8% to 10% over the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/944148/000162828023003969/0001628280-23-003969-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.