INSPERITY, INC. NSP
We provide an array of human resources ("HR") and business solutions designed to help improve business performance. Since our formation in 1986, we have evolved from being solely a professional employer organization ("PEO"), an industry we pioneered, to our current position as a comprehensive business performance solutions provider. Our long-term strategy is to provide the best small and medium-sized businesses in the United States with our specialized human resources service offerings and to leverage our buying power and expertise to provide additional valuable services to clients.
Our comprehensive HR services offerings are provided through our Insperity® HR360 solution (formerly Workforce Optimization®), our Insperity® HR360 Select Edition solution (formerly Workforce SynchronizationTM), and our Insperity® HRScaleTM solution (together, our "PEO HR Solutions") which encompass a broad range of HR functions, please read "Service Offerings — PEO HR Solutions."
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.81B | $6.58B | $6.49B | $5.94B | $4.97B | $4.29B | $4.31B | $3.83B | $3.30B | $2.94B |
| Gross profit | $900.0M | $1.05B | $1.04B | $1.01B | $820.1M | $806.9M | $732.9M | $681.9M | $572.7M | $491.6M |
| SG&A | $203.0M | $224.0M | $177.0M | $156.0M | $124.4M | $113.2M | $123.4M | $111.1M | $101.3M | $86.7M |
| Total operating expenses | $910.0M | $935.0M | $818.0M | $761.0M | $646.8M | $612.2M | $546.3M | $502.9M | $442.8M | $385.3M |
| Operating income | -$10.0M | $117.0M | $219.0M | $250.0M | $173.3M | $194.7M | $186.6M | $179.0M | $129.9M | $106.3M |
| Interest expense | $24.0M | $28.0M | $27.0M | $14.0M | $7.5M | $8.0M | $7.6M | $4.7M | $3.2M | $2.4M |
| Pre-tax income | -$4.0M | $126.0M | $225.0M | $245.0M | $168.3M | $189.3M | $189.6M | $182.4M | $130.1M | $105.2M |
| Income tax | $3.0M | $35.0M | $54.0M | $66.0M | $44.2M | $51.0M | $38.5M | $46.9M | $45.7M | $39.2M |
| Net income | -$7.0M | $91.0M | $171.0M | $179.0M | $124.0M | $138.2M | $151.1M | $135.4M | $84.4M | $66.0M |
| EPS, basic | -0.19 | 2.44 | 4.53 | 4.70 | 3.22 | 3.57 | 3.72 | 3.24 | 2.02 | 1.55 |
| EPS, diluted | -0.19 | 2.42 | 4.47 | 4.64 | 3.18 | 3.54 | 3.70 | 3.22 | 2.01 | 1.54 |
| Shares, diluted (wtd. avg.) | $38.0M | $38.0M | $38.0M | $39.0M | $38.9M | $38.5M | $40.2M | $41.2M | $41.1M | $41.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $642.0M | $1.04B | $693.0M | $733.0M | $576.0M | $554.8M | $367.3M | $326.8M | $354.3M | $286.0M |
| Short-term investments | $40.0M | $133.0M | $135.0M | $90.0M | $120.7M | $82.5M | $47.9M | $77.5M | $24.6M | $1.9M |
| Receivables | $6.0M | $9.0M | $16.0M | $13.9M | $10.5M | $6.6M | $12.7M | $10.0M | $12.3M | $13.1M |
| Total current assets | $1.72B | $2.08B | $1.59B | $1.51B | $1.24B | $1.08B | $974.7M | $866.5M | $778.9M | $640.3M |
| Property, plant and equipment | $177.0M | $192.0M | $197.0M | $200.0M | $210.7M | $216.3M | $147.7M | $117.2M | $95.7M | $80.3M |
| Goodwill | — | — | — | — | $12.7M | $12.7M | $12.7M | $12.7M | $12.7M | $12.7M |
| Total assets | $2.20B | $2.60B | $2.12B | $2.04B | $1.75B | $1.58B | $1.39B | $1.19B | $1.06B | $907.2M |
| Accounts payable | $6.0M | $10.0M | $11.0M | $7.7M | $6.4M | $6.2M | $4.6M | $10.6M | $6.4M | $4.2M |
| Total current liabilities | $1.62B | $1.93B | $1.44B | $1.35B | $1.13B | $904.9M | $869.0M | $772.3M | $724.7M | $601.0M |
| Long-term debt | $369.0M | $369.0M | $369.0M | $369.4M | $369.4M | $369.4M | $269.4M | $144.4M | $104.4M | $104.4M |
| Retained earnings | $638.0M | $738.0M | $739.0M | $655.2M | $553.6M | $575.0M | $499.5M | $397.9M | $296.8M | $278.2M |
| Total equity | $46.0M | $97.0M | $94.0M | $81.0M | -$2.0M | $44.1M | $4.1M | $77.7M | $66.3M | $60.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$278.0M | $520.0M | $198.0M | $347.0M | $260.2M | $346.4M | $205.2M | $184.5M | $213.2M | $145.4M |
| Depreciation and amortisation | $45.0M | $44.0M | $43.0M | $41.0M | $38.5M | $31.2M | $28.7M | $22.8M | $18.2M | $16.6M |
| Stock-based compensation | $61.0M | $61.0M | $53.0M | $50.0M | $40.6M | $60.1M | $24.0M | $20.4M | $24.3M | $16.6M |
| Capital expenditure | $31.0M | $38.0M | $40.0M | $30.0M | $32.9M | $98.1M | $56.3M | $35.3M | $33.3M | $34.0M |
| Investing cash flow | -$31.0M | -$38.0M | -$22.0M | -$32.0M | -$31.0M | -$98.6M | -$29.7M | -$94.1M | -$33.2M | -$26.0M |
| Financing cash flow | -$90.0M | -$173.0M | -$155.0M | -$141.0M | -$208.1M | -$53.6M | -$118.4M | -$104.5M | -$102.9M | -$90.2M |
| Dividends paid | $90.0M | $89.0M | $84.0M | $77.0M | $144.2M | $61.9M | $48.6M | $33.4M | $65.8M | $20.6M |
| Buybacks | $19.0M | $63.0M | $131.0M | $73.0M | $69.7M | $99.4M | $203.0M | $113.3M | $38.7M | $144.3M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001000753-26-000043.
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