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CBIZ (CBZ) Gross Profit : $182 Mil (TTM As of Dec. 2024)


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What is CBIZ Gross Profit?

CBIZ's gross profit for the three months ended in Dec. 2024 was $-62 Mil. CBIZ's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $182 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CBIZ's gross profit for the three months ended in Dec. 2024 was $-62 Mil. CBIZ's Revenue for the three months ended in Dec. 2024 was $460 Mil. Therefore, CBIZ's Gross Margin % for the quarter that ended in Dec. 2024 was -13.45%.

CBIZ had a gross margin of -13.45% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of CBIZ was 15.82%. The lowest was 10.06%. And the median was 13.60%.

Warning Sign:

CBIZ Inc gross margin has been in long-term decline. The average rate of decline per year is -3.7%.


CBIZ Gross Profit Historical Data

The historical data trend for CBIZ's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CBIZ Gross Profit Chart

CBIZ Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.55 159.29 223.37 223.20 182.47

CBIZ Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.30 117.81 53.64 72.91 -61.90

Competitive Comparison of CBIZ's Gross Profit

For the Specialty Business Services subindustry, CBIZ's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CBIZ's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CBIZ's Gross Profit distribution charts can be found below:

* The bar in red indicates where CBIZ's Gross Profit falls into.


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CBIZ Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

CBIZ's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=1813.472 - 1631.003
=182

CBIZ's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=460.279 - 522.179
=-62

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $182 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

CBIZ's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-62 / 460.279
=-13.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


CBIZ  (NYSE:CBZ) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

CBIZ had a gross margin of -13.45% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


CBIZ Gross Profit Related Terms

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CBIZ Business Description

Traded in Other Exchanges
Address
5959 Rockside Woods boulevard, Suite 600, Independence, OH, USA, 44131
CBIZ Inc through its subsidiaries provides professional services advisors to middle-market businesses and organizations nationwide. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Banking & Financial Services, Commercial Real Estate, Construction, Health Care Manufacturing & Distribution NFP & Education, Private Client Services, Professional Services, Public Sector, and Technology & Life Sciences. It derives the majority of its revenues from the Financial Services segment and geographically from the United States.
Executives
Ware H Grove officer: C.F.O. 6480 ROCKSIDE WOODS BLVD SOUTH, SUITE 330, CLEVELAND OH 44131
Benaree Pratt Wiley director C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Rodney A Young director 350 OAK GROVE PARKWAY, SAINT PAUL MN 55127
Joseph S Dimartino director
Chris Spurio officer: President, Financial Services
Michael P Kouzelos officer: President, Employee Services 6050 OAK TREE BLVD SUITE 500, CLEVELAND OH 44131
Sherrill W Hudson director 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Jerome P Grisko director, officer: President and COO
Todd J Slotkin director 35 EAST 62ND STREET, NEW YORK NY 10021
Richard T Marabito director 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146
Steven L Gerard director P.O. BOX 554, MILWAUKEE WI 53201-0554
A Haag Sherman director 600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002
Donald V Weir director SANDERS MORRIS HARRIS, 600 TRAVIS, HOUSTON TX 77002
Gina D France director III CASCADE PLAZA, AKRON OH 44308
Michael H Degroote director 1111 INTERNATIONAL BLVD., BURLINGTON A6 L7L 6W1