CBIZ Q4 revenue up 40.5% on Marcum acquisition; 2025 adjusted EPS guidance $3.60-$3.65

CBIZ, Inc.

2024-FY EPS reported $0.78 revenue$1,813,472,000

Q4 revenue $460.3M (+40.5% YoY); same-unit revenue up 6.4%; Marcum acquisition closed Nov 1, 2024.
Full-year revenue $1,813.5M (+14.0%); GAAP EPS $0.78; adjusted EPS $2.67 (+10.8%).
2025 outlook: revenue $2.90-2.95B, GAAP EPS $1.97-2.02, adjusted EPS $3.60-3.65, adjusted EBITDA $450-456M.
New $2.0B credit facility entered; outstanding debt $1,420.9M at Dec 31, 2024.
CEO cites strong momentum and accelerated integration of Marcum.

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