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Side-by-side financial comparison of CBIZ, Inc. (CBZ) and Healthpeak Properties (DOC). Click either name above to swap in a different company.

CBIZ, Inc. is the larger business by last-quarter revenue ($848.6M vs $719.4M, roughly 1.2× Healthpeak Properties). Healthpeak Properties runs the higher net margin — 73.2% vs 19.0%, a 54.1% gap on every dollar of revenue. On growth, Healthpeak Properties posted the faster year-over-year revenue change (3.1% vs 1.3%). Healthpeak Properties produced more free cash flow last quarter ($357.0M vs $-28.5M). Over the past eight quarters, CBIZ, Inc.'s revenue compounded faster (42.1% CAGR vs 8.9%).

CBIZ, Inc. is a national provider of financial, insurance and advisory services headquartered in Independence, Ohio. CBIZ is one of the largest accounting, insurance brokerage, financial and advisory services providers in the United States with more than 120 offices and nearly 7,000 employees. Its common stock has been traded on the New York Stock Exchange since 1996, under the symbol "CBZ" since 1997.

Healthpeak Properties, Inc. is an American real estate investment trust that invests in real estate related to the healthcare industry including senior housing, life science, and medical offices. It was organized in 2007 in Maryland and headquartered in Denver, Colorado with offices in Irvine, Nashville and San Francisco. As of December 31, 2019, the company owned interests in 617 properties.

CBZ vs DOC — Head-to-Head

Bigger by revenue
CBZ
CBZ
1.2× larger
CBZ
$848.6M
$719.4M
DOC
Growing faster (revenue YoY)
DOC
DOC
+1.8% gap
DOC
3.1%
1.3%
CBZ
Higher net margin
DOC
DOC
54.1% more per $
DOC
73.2%
19.0%
CBZ
More free cash flow
DOC
DOC
$385.5M more FCF
DOC
$357.0M
$-28.5M
CBZ
Faster 2-yr revenue CAGR
CBZ
CBZ
Annualised
CBZ
42.1%
8.9%
DOC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBZ
CBZ
DOC
DOC
Revenue
$848.6M
$719.4M
Net Profit
$161.6M
$114.0M
Gross Margin
Operating Margin
23.2%
17.4%
Net Margin
19.0%
73.2%
Revenue YoY
1.3%
3.1%
Net Profit YoY
2406.4%
EPS (diluted)
$2.63
$0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CBZ
CBZ
DOC
DOC
Q1 26
$848.6M
Q4 25
$542.7M
$719.4M
Q3 25
$693.8M
$705.9M
Q2 25
$683.5M
$694.3M
Q1 25
$838.0M
$702.9M
Q4 24
$460.3M
$698.0M
Q3 24
$438.9M
$700.4M
Q2 24
$420.0M
$695.5M
Net Profit
CBZ
CBZ
DOC
DOC
Q1 26
$161.6M
Q4 25
$-79.4M
$114.0M
Q3 25
$30.1M
$-117.1M
Q2 25
$41.9M
$31.7M
Q1 25
$122.8M
$42.8M
Q4 24
$-90.7M
$4.5M
Q3 24
$35.1M
$85.9M
Q2 24
$19.8M
$146.0M
Gross Margin
CBZ
CBZ
DOC
DOC
Q1 26
Q4 25
-9.4%
Q3 25
13.0%
58.6%
Q2 25
12.9%
60.2%
Q1 25
27.2%
61.1%
Q4 24
-13.4%
60.3%
Q3 24
16.6%
60.0%
Q2 24
12.8%
60.6%
Operating Margin
CBZ
CBZ
DOC
DOC
Q1 26
23.2%
Q4 25
-15.7%
17.4%
Q3 25
8.5%
9.2%
Q2 25
8.8%
5.7%
Q1 25
23.9%
7.7%
Q4 24
-23.2%
-2.2%
Q3 24
11.3%
14.1%
Q2 24
7.5%
22.3%
Net Margin
CBZ
CBZ
DOC
DOC
Q1 26
19.0%
Q4 25
-14.6%
73.2%
Q3 25
4.3%
-16.6%
Q2 25
6.1%
4.6%
Q1 25
14.7%
6.1%
Q4 24
-19.7%
0.7%
Q3 24
8.0%
12.3%
Q2 24
4.7%
21.0%
EPS (diluted)
CBZ
CBZ
DOC
DOC
Q1 26
$2.63
Q4 25
$-1.22
$0.16
Q3 25
$0.48
$-0.17
Q2 25
$0.66
$0.05
Q1 25
$1.91
$0.06
Q4 24
$-1.84
$0.02
Q3 24
$0.70
$0.12
Q2 24
$0.39
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CBZ
CBZ
DOC
DOC
Cash + ST InvestmentsLiquidity on hand
$28.7M
$467.5M
Total DebtLower is stronger
$9.8B
Stockholders' EquityBook value
$1.9B
$7.5B
Total Assets
$4.6B
$20.3B
Debt / EquityLower = less leverage
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBZ
CBZ
DOC
DOC
Q1 26
$28.7M
Q4 25
$18.3M
$467.5M
Q3 25
$17.0M
$91.0M
Q2 25
$39.8M
$89.4M
Q1 25
$8.8M
$70.6M
Q4 24
$13.8M
$119.8M
Q3 24
$1.1M
$180.4M
Q2 24
$1.1M
$106.9M
Total Debt
CBZ
CBZ
DOC
DOC
Q1 26
Q4 25
$9.8B
Q3 25
$9.1B
Q2 25
$9.0B
Q1 25
$8.9B
Q4 24
$8.7B
Q3 24
$8.6B
Q2 24
$8.6B
Stockholders' Equity
CBZ
CBZ
DOC
DOC
Q1 26
$1.9B
Q4 25
$1.8B
$7.5B
Q3 25
$1.9B
$7.6B
Q2 25
$1.9B
$7.9B
Q1 25
$1.9B
$8.2B
Q4 24
$1.8B
$8.4B
Q3 24
$927.9M
$8.6B
Q2 24
$891.4M
$8.8B
Total Assets
CBZ
CBZ
DOC
DOC
Q1 26
$4.6B
Q4 25
$4.4B
$20.3B
Q3 25
$4.5B
$19.6B
Q2 25
$4.5B
$19.8B
Q1 25
$4.6B
$19.8B
Q4 24
$4.5B
$19.9B
Q3 24
$2.1B
$20.0B
Q2 24
$2.2B
$20.2B
Debt / Equity
CBZ
CBZ
DOC
DOC
Q1 26
Q4 25
1.31×
Q3 25
1.20×
Q2 25
1.14×
Q1 25
1.08×
Q4 24
1.04×
Q3 24
1.00×
Q2 24
0.98×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CBZ
CBZ
DOC
DOC
Operating Cash FlowLast quarter
$-25.5M
$1.3B
Free Cash FlowOCF − Capex
$-28.5M
$357.0M
FCF MarginFCF / Revenue
-3.4%
49.6%
Capex IntensityCapex / Revenue
124.4%
Cash ConversionOCF / Net Profit
-0.16×
10.99×
TTM Free Cash FlowTrailing 4 quarters
$240.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBZ
CBZ
DOC
DOC
Q1 26
$-25.5M
Q4 25
$143.6M
$1.3B
Q3 25
$24.0M
$315.0M
Q2 25
$113.1M
$363.5M
Q1 25
$-88.3M
$279.4M
Q4 24
$55.5M
$1.1B
Q3 24
$43.7M
$318.2M
Q2 24
$88.2M
$316.2M
Free Cash Flow
CBZ
CBZ
DOC
DOC
Q1 26
$-28.5M
Q4 25
$141.7M
$357.0M
Q3 25
$22.1M
Q2 25
$105.2M
Q1 25
$-93.4M
Q4 24
$52.3M
$333.7M
Q3 24
$41.1M
Q2 24
$86.3M
FCF Margin
CBZ
CBZ
DOC
DOC
Q1 26
-3.4%
Q4 25
26.1%
49.6%
Q3 25
3.2%
Q2 25
15.4%
Q1 25
-11.2%
Q4 24
11.4%
47.8%
Q3 24
9.4%
Q2 24
20.5%
Capex Intensity
CBZ
CBZ
DOC
DOC
Q1 26
Q4 25
0.4%
124.4%
Q3 25
0.3%
Q2 25
1.2%
Q1 25
0.6%
Q4 24
0.7%
105.6%
Q3 24
0.6%
Q2 24
0.4%
Cash Conversion
CBZ
CBZ
DOC
DOC
Q1 26
-0.16×
Q4 25
10.99×
Q3 25
0.79×
Q2 25
2.70×
11.48×
Q1 25
-0.72×
6.52×
Q4 24
235.43×
Q3 24
1.25×
3.71×
Q2 24
4.45×
2.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CBZ
CBZ

Financial Services (1)$740.3M87%
Benefits and Insurance Services$108.2M13%

DOC
DOC

Segment breakdown not available.

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