CBIZ(US:CBZ)2025-07-30 21:00Company Overview - CBIZ has over 10,000 employees and more than 160 offices across 22 major markets[12] - The company serves over 135,000 clients, primarily mid-sized businesses, with a client retention rate of approximately 90%[12, 15] - Pro forma revenue for 2024 was approximately $28 billion[12] Financial Performance and Guidance - For the six months ended June 30, 2025, adjusted diluted EPS was $326[83] - The company's revenue growth for the year to date is 664%[53] - 2025 revenue guidance is between $28 billion and $295 billion[53] - The company anticipates an adjusted diluted EPS between $360 and $365 for 2025[53] - The tax rate is approximately 29%[53] Revenue Breakdown - Services account for 84% of the pro forma revenue[20] - Benefits & Insurance Services contribute 14% to the pro forma revenue[21] - National Practices, including IT Managed Services, make up 2% of the pro forma revenue[21] - Recurring services represent approximately 72% of the revenue[24] Marcum Acquisition - The acquisition purchase price is $2285 billion[52] - The transaction is expected to be accretive in 2025, contributing approximately 10% to Adjusted Diluted EPS[40]