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

CBIZ, Inc. is the larger business by last-quarter revenue ($848.6M vs $840.3M, roughly 1.0× TreeHouse Foods, Inc.). CBIZ, Inc. runs the higher net margin — 19.0% vs -31.6%, a 50.7% gap on every dollar of revenue. On growth, CBIZ, Inc. posted the faster year-over-year revenue change (1.3% vs 0.1%). Over the past eight quarters, CBIZ, Inc.'s revenue compounded faster (42.1% CAGR vs -3.9%).

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.

TreeHouse Foods Inc. is a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois. Created in 2005 and consisting entirely of acquisitions, in 2010 the company had sales of $2 billion and employed over 4,000 people at 20 facilities. Food Processing magazine named TreeHouse Foods their 2010 Processor of the Year, calling them "the biggest company you never heard of". In 2015, the company was the 37th-largest food and bev...

CBZ vs THS — Head-to-Head

Bigger by revenue
CBZ
CBZ
1.0× larger
CBZ
$848.6M
$840.3M
THS
Growing faster (revenue YoY)
CBZ
CBZ
+1.1% gap
CBZ
1.3%
0.1%
THS
Higher net margin
CBZ
CBZ
50.7% more per $
CBZ
19.0%
-31.6%
THS
Faster 2-yr revenue CAGR
CBZ
CBZ
Annualised
CBZ
42.1%
-3.9%
THS

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
CBZ
CBZ
THS
THS
Revenue
$848.6M
$840.3M
Net Profit
$161.6M
$-265.8M
Gross Margin
18.8%
Operating Margin
23.2%
-30.2%
Net Margin
19.0%
-31.6%
Revenue YoY
1.3%
0.1%
Net Profit YoY
-7717.6%
EPS (diluted)
$2.63
$-5.26

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
THS
THS
Q1 26
$848.6M
Q4 25
$542.7M
Q3 25
$693.8M
$840.3M
Q2 25
$683.5M
$798.0M
Q1 25
$838.0M
$792.0M
Q4 24
$460.3M
$905.7M
Q3 24
$438.9M
$839.1M
Q2 24
$420.0M
$788.5M
Net Profit
CBZ
CBZ
THS
THS
Q1 26
$161.6M
Q4 25
$-79.4M
Q3 25
$30.1M
$-265.8M
Q2 25
$41.9M
$-2.9M
Q1 25
$122.8M
$-31.8M
Q4 24
$-90.7M
$58.7M
Q3 24
$35.1M
$-3.4M
Q2 24
$19.8M
$-16.7M
Gross Margin
CBZ
CBZ
THS
THS
Q1 26
Q4 25
-9.4%
Q3 25
13.0%
18.8%
Q2 25
12.9%
17.4%
Q1 25
27.2%
14.5%
Q4 24
-13.4%
19.5%
Q3 24
16.6%
15.6%
Q2 24
12.8%
16.3%
Operating Margin
CBZ
CBZ
THS
THS
Q1 26
23.2%
Q4 25
-15.7%
Q3 25
8.5%
-30.2%
Q2 25
8.8%
3.4%
Q1 25
23.9%
-0.7%
Q4 24
-23.2%
8.9%
Q3 24
11.3%
3.8%
Q2 24
7.5%
-0.5%
Net Margin
CBZ
CBZ
THS
THS
Q1 26
19.0%
Q4 25
-14.6%
Q3 25
4.3%
-31.6%
Q2 25
6.1%
-0.4%
Q1 25
14.7%
-4.0%
Q4 24
-19.7%
6.5%
Q3 24
8.0%
-0.4%
Q2 24
4.7%
-2.1%
EPS (diluted)
CBZ
CBZ
THS
THS
Q1 26
$2.63
Q4 25
$-1.22
Q3 25
$0.48
$-5.26
Q2 25
$0.66
$-0.06
Q1 25
$1.91
$-0.63
Q4 24
$-1.84
$1.12
Q3 24
$0.70
$-0.07
Q2 24
$0.39
$-0.32

Balance Sheet & Financial Strength

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

Metric
CBZ
CBZ
THS
THS
Cash + ST InvestmentsLiquidity on hand
$28.7M
$21.0M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$1.9B
$1.3B
Total Assets
$4.6B
$3.8B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBZ
CBZ
THS
THS
Q1 26
$28.7M
Q4 25
$18.3M
Q3 25
$17.0M
$21.0M
Q2 25
$39.8M
$17.1M
Q1 25
$8.8M
$16.4M
Q4 24
$13.8M
$289.6M
Q3 24
$1.1M
$102.0M
Q2 24
$1.1M
$105.8M
Total Debt
CBZ
CBZ
THS
THS
Q1 26
Q4 25
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Stockholders' Equity
CBZ
CBZ
THS
THS
Q1 26
$1.9B
Q4 25
$1.8B
Q3 25
$1.9B
$1.3B
Q2 25
$1.9B
$1.5B
Q1 25
$1.9B
$1.5B
Q4 24
$1.8B
$1.5B
Q3 24
$927.9M
$1.6B
Q2 24
$891.4M
$1.6B
Total Assets
CBZ
CBZ
THS
THS
Q1 26
$4.6B
Q4 25
$4.4B
Q3 25
$4.5B
$3.8B
Q2 25
$4.5B
$4.0B
Q1 25
$4.6B
$3.9B
Q4 24
$4.5B
$4.0B
Q3 24
$2.1B
$4.0B
Q2 24
$2.2B
$3.9B
Debt / Equity
CBZ
CBZ
THS
THS
Q1 26
Q4 25
Q3 25
1.18×
Q2 25
0.98×
Q1 25
0.93×
Q4 24
0.90×
Q3 24
0.90×
Q2 24
0.90×

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
THS
THS
Operating Cash FlowLast quarter
$-25.5M
$38.2M
Free Cash FlowOCF − Capex
$-28.5M
FCF MarginFCF / Revenue
-3.4%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.16×
TTM Free Cash FlowTrailing 4 quarters
$240.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBZ
CBZ
THS
THS
Q1 26
$-25.5M
Q4 25
$143.6M
Q3 25
$24.0M
$38.2M
Q2 25
$113.1M
$-47.2M
Q1 25
$-88.3M
$-53.5M
Q4 24
$55.5M
$296.2M
Q3 24
$43.7M
$41.4M
Q2 24
$88.2M
$-19.4M
Free Cash Flow
CBZ
CBZ
THS
THS
Q1 26
$-28.5M
Q4 25
$141.7M
Q3 25
$22.1M
Q2 25
$105.2M
Q1 25
$-93.4M
Q4 24
$52.3M
Q3 24
$41.1M
Q2 24
$86.3M
$-42.2M
FCF Margin
CBZ
CBZ
THS
THS
Q1 26
-3.4%
Q4 25
26.1%
Q3 25
3.2%
Q2 25
15.4%
Q1 25
-11.2%
Q4 24
11.4%
Q3 24
9.4%
Q2 24
20.5%
-5.4%
Capex Intensity
CBZ
CBZ
THS
THS
Q1 26
Q4 25
0.4%
Q3 25
0.3%
Q2 25
1.2%
Q1 25
0.6%
Q4 24
0.7%
Q3 24
0.6%
Q2 24
0.4%
2.9%
Cash Conversion
CBZ
CBZ
THS
THS
Q1 26
-0.16×
Q4 25
Q3 25
0.79×
Q2 25
2.70×
Q1 25
-0.72×
Q4 24
5.05×
Q3 24
1.25×
Q2 24
4.45×

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%

THS
THS

Retail Grocery Customers$670.6M80%
Food Away From Home And Other$85.3M10%
Co Manufacturing$84.4M10%

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