Cbiz vs UL Solutions
Cbiz and UL Solutions are similar in size: $2.76bn and $3.05bn of revenue in their latest fiscal years. Cbiz grew faster (52.1% against 6.4%). UL Solutions kept more of each dollar of sales as profit: a net margin of 10.6% against 4.2%. UL Solutions carries less debt relative to equity (39.1% against 117.3%).
| Latest fiscal year | CbizCBZ, 2025 | UL SolutionsULS, 2025 |
|---|---|---|
| Revenue | $2.76bn | $3.05bn |
| Revenue growth | 52.1% | 6.4% |
| Net income | $115m | $325m |
| Operating margin | 8.5% | 17.1% |
| Net margin | 4.2% | 10.6% |
| Return on equity | 6.5% | 30.0% |
| Free cash flow | $176m | $403m |
| Cash | $18.3m | $295m |
| Total debt | $2.07bn | $494m |
| Debt to equity | 117.3% | 39.1% |
| Dividend per share | — | $0.52 |
| Dividend yield | — | 0.7% |
| Share buybacks | $160m | — |
| Employees | 9,500 | 14,587 |
| Market value | $3.30bn | $16.12bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 34 (Weak) | — |
| Insider trades, 12 months | 3 buys, 2 sales | 2 buys, 26 sales |