Company Overview - CBIZ has over 10,000 employees and serves over 135,000 clients[12] - The company's pro forma revenue is approximately $2.8 billion[12] - The client retention rate is approximately 90%[12] - Recurring services account for approximately 72% of revenue, while project-based work accounts for approximately 28%[19, 21] Financial Performance & Guidance - The company's revenue growth guidance for 2025 is between $2.8 billion and $2.95 billion[47] - GAAP EPS guidance for 2025 is $1.97 to $2.02[47] - Adjusted diluted EPS guidance for 2025 is $3.60 to $3.65[47] - The company anticipates an earnout spend for previous acquisitions of approximately $60 million in 2025[47] Growth Strategy - The company aims for long-term revenue growth of 8% to 10%[31] - The company aims for long-term earnings growth of 1.5x to 2x[30]

Company Overview - CBIZ is a leading professional services advisor to middle-market businesses and organizations nationwide[9] - The company has over 10,000 employees and over 160 offices in 22 major markets, serving over 135,000 clients[13] - CBIZ estimates that approximately 77% of its services are recurring[26] Financial Performance and Guidance - CBIZ's 2024 revenue was approximately $2.8 billion[13] - The company's total revenue growth for financial services in 2024 was 17.4%[57] - CBIZ projects 2025 revenue to be between approximately $2.90 billion and $2.95 billion[57] - The company's adjusted diluted EPS for 2024 was $2.67, and the guidance for 2025 is $3.60 to $3.65[57] Strategic Initiatives - The acquisition of Marcum is expected to be accretive in 2025, with an estimated contribution to Adjusted EPS of approximately 10%[42] - CBIZ anticipates over $25 million in cost synergies from the Marcum integration[44] - The company's long-term revenue growth goal is 8%-10%[47]