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CBIZ CBZ State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

FTI Consulting logo
FTI ConsultingFCN
4.1%
The Baldwin Insurance Group, Inc. logo
The Baldwin Insurance Group, Inc.BWIN
-3.3%
BancFirst Corporation logo
BancFirst CorporationBANF
2%
The Bancorp logo
The BancorpTBBK
3.2%

Other financials

Income statement

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Revenue$848.6M+1.3%
Gross profit$226.0M-0.9%
Operating income$196.4M-1.8%
Net income$161.6M+31.6%
EPS (diluted)$2.63+37.7%

Balance sheet

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Cash & equivalents$177.1M+18.6%
Total debt$2.0B+2.0%
Total equity$1.9B-1.1%
Total assets$4.6B+1.0%

Cash flow

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Operating cash flow-$25.5M+71.1%
CapEx$3.0M-42.1%
Free cash flow-$28.5M+69.5%

Valuation

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Market cap$1.67B-63.7%

Profitability

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Gross margin14.5%-0.6pp
Operating margin7.2%
Net margin7.5%
FCF margin8.7%+4.7pp

Returns & leverage

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Return on equity11.2%
Debt / equity1.1×0.0×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by CBIZ in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: CBIZ’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CBIZ's state income taxes – net of federal income tax benefit?
CBIZ (CBZ) reported state income taxes – net of federal income tax benefit of 5% in Q4 2025.
What does state income taxes – net of federal income tax benefit mean?
This metric quantifies the impact of state and local income taxes on the company's effective tax rate, adjusted for the federal tax deduction benefit. It provides insight into the tax efficiency of the company's physical presence and business activities across different domestic jurisdictions. A high value relative to income may indicate a concentration of operations in high-tax states.