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Side-by-side financial comparison of CBIZ, Inc. (CBZ) and Ryerson Holding Corp (RYI). Click either name above to swap in a different company.

Ryerson Holding Corp is the larger business by last-quarter revenue ($1.1B vs $848.6M, roughly 1.3× CBIZ, Inc.). CBIZ, Inc. runs the higher net margin — 19.0% vs -3.4%, a 22.5% gap on every dollar of revenue. On growth, Ryerson Holding Corp posted the faster year-over-year revenue change (9.7% vs 1.3%). Ryerson Holding Corp produced more free cash flow last quarter ($91.9M vs $-28.5M). Over the past eight quarters, CBIZ, Inc.'s revenue compounded faster (42.1% CAGR vs -5.6%).

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.

Joseph T. Ryerson & Son, Inc. is a services company that processes and distributes metals, with operations in the United States, Mexico, Canada, and China. Founded in 1842, Ryerson is headquartered in Chicago and employs approximately 4,200 employees at about 100 locations.

CBZ vs RYI — Head-to-Head

Bigger by revenue
RYI
RYI
1.3× larger
RYI
$1.1B
$848.6M
CBZ
Growing faster (revenue YoY)
RYI
RYI
+8.4% gap
RYI
9.7%
1.3%
CBZ
Higher net margin
CBZ
CBZ
22.5% more per $
CBZ
19.0%
-3.4%
RYI
More free cash flow
RYI
RYI
$120.4M more FCF
RYI
$91.9M
$-28.5M
CBZ
Faster 2-yr revenue CAGR
CBZ
CBZ
Annualised
CBZ
42.1%
-5.6%
RYI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBZ
CBZ
RYI
RYI
Revenue
$848.6M
$1.1B
Net Profit
$161.6M
$-37.9M
Gross Margin
15.3%
Operating Margin
23.2%
-3.4%
Net Margin
19.0%
-3.4%
Revenue YoY
1.3%
9.7%
Net Profit YoY
-781.4%
EPS (diluted)
$2.63
$-1.18

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
RYI
RYI
Q1 26
$848.6M
Q4 25
$542.7M
$1.1B
Q3 25
$693.8M
$1.2B
Q2 25
$683.5M
$1.2B
Q1 25
$838.0M
$1.1B
Q4 24
$460.3M
$1.0B
Q3 24
$438.9M
$1.1B
Q2 24
$420.0M
$1.2B
Net Profit
CBZ
CBZ
RYI
RYI
Q1 26
$161.6M
Q4 25
$-79.4M
$-37.9M
Q3 25
$30.1M
$-14.8M
Q2 25
$41.9M
$1.9M
Q1 25
$122.8M
$-5.6M
Q4 24
$-90.7M
$-4.3M
Q3 24
$35.1M
$-6.6M
Q2 24
$19.8M
$9.9M
Gross Margin
CBZ
CBZ
RYI
RYI
Q1 26
Q4 25
-9.4%
15.3%
Q3 25
13.0%
17.2%
Q2 25
12.9%
17.9%
Q1 25
27.2%
18.0%
Q4 24
-13.4%
19.0%
Q3 24
16.6%
17.9%
Q2 24
12.8%
18.2%
Operating Margin
CBZ
CBZ
RYI
RYI
Q1 26
23.2%
Q4 25
-15.7%
-3.4%
Q3 25
8.5%
-0.1%
Q2 25
8.8%
0.5%
Q1 25
23.9%
0.2%
Q4 24
-23.2%
0.3%
Q3 24
11.3%
0.5%
Q2 24
7.5%
1.9%
Net Margin
CBZ
CBZ
RYI
RYI
Q1 26
19.0%
Q4 25
-14.6%
-3.4%
Q3 25
4.3%
-1.3%
Q2 25
6.1%
0.2%
Q1 25
14.7%
-0.5%
Q4 24
-19.7%
-0.4%
Q3 24
8.0%
-0.6%
Q2 24
4.7%
0.8%
EPS (diluted)
CBZ
CBZ
RYI
RYI
Q1 26
$2.63
Q4 25
$-1.22
$-1.18
Q3 25
$0.48
$-0.46
Q2 25
$0.66
$0.06
Q1 25
$1.91
$-0.18
Q4 24
$-1.84
$-0.13
Q3 24
$0.70
$-0.20
Q2 24
$0.39
$0.29

Balance Sheet & Financial Strength

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

Metric
CBZ
CBZ
RYI
RYI
Cash + ST InvestmentsLiquidity on hand
$28.7M
$26.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$753.1M
Total Assets
$4.6B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBZ
CBZ
RYI
RYI
Q1 26
$28.7M
Q4 25
$18.3M
$26.9M
Q3 25
$17.0M
$29.8M
Q2 25
$39.8M
$30.8M
Q1 25
$8.8M
$33.6M
Q4 24
$13.8M
$27.7M
Q3 24
$1.1M
$35.0M
Q2 24
$1.1M
$28.0M
Stockholders' Equity
CBZ
CBZ
RYI
RYI
Q1 26
$1.9B
Q4 25
$1.8B
$753.1M
Q3 25
$1.9B
$787.3M
Q2 25
$1.9B
$811.5M
Q1 25
$1.9B
$803.9M
Q4 24
$1.8B
$815.3M
Q3 24
$927.9M
$832.9M
Q2 24
$891.4M
$877.9M
Total Assets
CBZ
CBZ
RYI
RYI
Q1 26
$4.6B
Q4 25
$4.4B
$2.4B
Q3 25
$4.5B
$2.5B
Q2 25
$4.5B
$2.5B
Q1 25
$4.6B
$2.5B
Q4 24
$4.5B
$2.4B
Q3 24
$2.1B
$2.5B
Q2 24
$2.2B
$2.6B

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
RYI
RYI
Operating Cash FlowLast quarter
$-25.5M
$112.7M
Free Cash FlowOCF − Capex
$-28.5M
$91.9M
FCF MarginFCF / Revenue
-3.4%
8.3%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
-0.16×
TTM Free Cash FlowTrailing 4 quarters
$240.5M
$35.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBZ
CBZ
RYI
RYI
Q1 26
$-25.5M
Q4 25
$143.6M
$112.7M
Q3 25
$24.0M
$-8.3M
Q2 25
$113.1M
$23.8M
Q1 25
$-88.3M
$-41.2M
Q4 24
$55.5M
$92.2M
Q3 24
$43.7M
$134.6M
Q2 24
$88.2M
$25.9M
Free Cash Flow
CBZ
CBZ
RYI
RYI
Q1 26
$-28.5M
Q4 25
$141.7M
$91.9M
Q3 25
$22.1M
$-21.1M
Q2 25
$105.2M
$13.9M
Q1 25
$-93.4M
$-49.2M
Q4 24
$52.3M
$68.7M
Q3 24
$41.1M
$103.0M
Q2 24
$86.3M
$3.2M
FCF Margin
CBZ
CBZ
RYI
RYI
Q1 26
-3.4%
Q4 25
26.1%
8.3%
Q3 25
3.2%
-1.8%
Q2 25
15.4%
1.2%
Q1 25
-11.2%
-4.3%
Q4 24
11.4%
6.8%
Q3 24
9.4%
9.1%
Q2 24
20.5%
0.3%
Capex Intensity
CBZ
CBZ
RYI
RYI
Q1 26
Q4 25
0.4%
1.9%
Q3 25
0.3%
1.1%
Q2 25
1.2%
0.8%
Q1 25
0.6%
0.7%
Q4 24
0.7%
2.3%
Q3 24
0.6%
2.8%
Q2 24
0.4%
1.9%
Cash Conversion
CBZ
CBZ
RYI
RYI
Q1 26
-0.16×
Q4 25
Q3 25
0.79×
Q2 25
2.70×
12.53×
Q1 25
-0.72×
Q4 24
Q3 24
1.25×
Q2 24
4.45×
2.62×

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%

RYI
RYI

US$988.3M89%
Non Us$116.5M11%

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