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ePlus inc.(PLUS)Earnings, Financials & Key Ratios
PLUS•NASDAQ
$83.45
$2.21B mkt cap·20.6× P/E·Price updated May 6, 2026
AboutePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. It operates in two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; and professional and managed services, including managed, professional, security solutions, cloud consulting and hosting, staff augmentation, server and desktop support, and project management services. The Financing segment engages in financing arrangements, such as sales-type and operating leases; loans and consumption-based financing arrangements; and underwriting, management, and disposal of IT equipment and assets. Its financing operations comprise sales, pricing, credit, contracts, accounting, risk management, and asset management. This segment primarily finances IT, communication-related, and medical equipment; and industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment directly, as well as through vendors. ePlus inc. serves commercial entities, state and local governments, government contractors, and educational institutions. The company was formerly known as MLC Holdings, Inc. and changed its name to ePlus inc. in 1999. ePlus inc. was founded in 1990 and is headquartered in Herndon, Virginia.Show more
- Revenue$2.07B-7.0%
- EBITDA$171M-7.2%
- Net Income$108M-6.7%
- EPS (Diluted)4.06-6.2%
- Gross Margin26.61%+10.9%
- EBITDA Margin8.27%-0.1%
- Operating Margin6.84%-3.9%
- Net Margin5.22%+0.3%
- ROE11.49%-16.4%
- ROIC14.08%-2.5%
- Debt/Equity0.13-16.2%
- Interest Coverage63.96+52.6%
PLUS Key Insights
ePlus inc. (PLUS) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High quality earnings: Operating CF exceeds net income
- ✓Efficient asset utilization: 1.1x turnover
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PLUS Price & Volume
ePlus inc. (PLUS) stock price & volume — 10-year historical chart
Loading chart...
PLUS Growth Metrics
ePlus inc. (PLUS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.11%
5 Years5.43%
3 Years4.34%
TTM-16.72%
Profit CAGR
10 Years8.95%
5 Years9.34%
3 Years0.75%
TTM26.76%
EPS CAGR
10 Years10.11%
5 Years9.58%
3 Years1.09%
TTM23.98%
Return on Capital
10 Years19.99%
5 Years18.58%
3 Years17.33%
Last Year13.58%
PLUS Recent Earnings
ePlus inc. (PLUS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 7/12 qtrs (58%)
Q1 2026Latest
Feb 4, 2026EPS
$1.45
Est $1.01
+43.6%
Revenue
$615M
Est $552M
+11.4%
Q4 2025
Nov 6, 2025EPS
$1.53
Est $0.95
+61.1%
Revenue
$609M
Est $518M
+17.5%
Q3 2025
Aug 7, 2025EPS
$1.26
Est $1.11
+13.5%
Revenue
$637M
Est $518M
+23.0%
Q2 2025
May 22, 2025EPS
$1.11
Est $0.87
+27.6%
Revenue
$498M
Est $527M
-5.6%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 4, 2026 | $1.45vs $1.01+43.6% | $615Mvs $552M+11.4% |
| Q4 2025 | Nov 6, 2025 | $1.53vs $0.95+61.1% | $609Mvs $518M+17.5% |
| Q3 2025 | Aug 7, 2025 | $1.26vs $1.11+13.5% | $637Mvs $518M+23.0% |
| Q2 2025 | May 22, 2025 | $1.11vs $0.87+27.6% | $498Mvs $527M-5.6% |
Based on last 12 quarters of dataView full earnings history →
PLUS Peer Comparison
ePlus inc. (PLUS) competitors in IT operations, security and observability — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CDW | 14.06B | 109.00 | 13.49 | 6.79% | 4.7% | 42.37% | 2.43 | |
 NSIT | 2.14B | 69.01 | 14.20 | -5.22% | 1.91% | 9.54% | 0.96 | |
 SNX | 18.89B | 233.99 | 23.52 | 6.94% | 1.32% | 9.79% | 0.55 | |
 AVT | 6.85B | 83.70 | 30.44 | -6.55% | 0.86% | 4.33% | 0.57 | |
 ARW | 9.8B | 191.85 | 17.55 | 10.49% | 1.85% | 8.58% | 0.46 | |
 CLMB | 362.25M | 19.63 | 16.92 | 40.14% | 3.01% | 18.67% | 0.03 | |
 SCSC | 885.95M | 40.93 | 13.64 | -6.72% | 2.44% | 8.11% | 0.16 | |
 CSCO | 362.87B | 91.63 | 35.93 | 5.3% | 18.76% | 23.21% | 0.63 |
Compare PLUS vs Peers
ePlus inc. (PLUS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PLUS Income Statement
ePlus inc. (PLUS) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.33B | 1.42B | 1.37B | 1.59B | 1.57B | 1.82B | 2.07B | 2.23B | 2.07B | 1.74B |
| Revenue Growth % | 10.4% | 6.73% | -3.25% | 15.72% | -1.26% | 16.11% | 13.55% | 7.62% | -7.03% | -16.72% |
| Cost of Goods Sold | 1.03B | 1.09B | 1.04B | 1.21B | 1.17B | 1.36B | 1.55B | 1.69B | 1.52B | 1.29B |
| COGS % of Revenue | 77.45% | 76.65% | 75.93% | 76.47% | 74.91% | 74.66% | 74.97% | 76% | 73.39% | - |
| Gross Profit | 299.76M▲ 0% | 323.48M▲ 7.9% | 330.39M▲ 2.1% | 373.71M▲ 13.1% | 393.55M▲ 5.3% | 461.49M▲ 17.3% | 517.52M▲ 12.1% | 534.18M▲ 3.2% | 550.5M▲ 3.1% | 609.96M▲ 0% |
| Gross Margin % | 22.55% | 22.8% | 24.07% | 23.53% | 25.09% | 25.34% | 25.03% | 24% | 26.61% | 34.97% |
| Gross Profit Growth % | 14.39% | 7.91% | 2.13% | 13.11% | 5.31% | 17.26% | 12.14% | 3.22% | 3.06% | - |
| Operating Expenses | 212.48M | 238.05M | 250.85M | 278.43M | 287.22M | 314.17M | 351.36M | 375.92M | 409.09M | 446.75M |
| OpEx % of Revenue | 15.98% | 16.78% | 18.27% | 17.53% | 18.31% | 17.25% | 16.99% | 16.89% | 19.77% | - |
| Selling, General & Admin | 205.23M | 228.13M | 237.08M | 0 | 0 | 0 | 333.52M | 0 | 0 | 108.69M |
| SG&A % of Revenue | 15.44% | 16.08% | 17.27% | - | - | - | 16.13% | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 7.25M | 9.92M | 13.77M | 278.43M | 287.22M | 314.17M | 17.84M | 375.92M | 409.09M | 4M |
| Operating Income | 85.73M▲ 0% | 84.24M▼ 1.7% | 79.53M▼ 5.6% | 95.28M▲ 19.8% | 106.33M▲ 11.6% | 147.32M▲ 38.5% | 166.16M▲ 12.8% | 158.26M▼ 4.8% | 141.41M▼ 10.6% | 163.22M▲ 0% |
| Operating Margin % | 6.45% | 5.94% | 5.79% | 6% | 6.78% | 8.09% | 8.04% | 7.11% | 6.84% | 9.36% |
| Operating Income Growth % | 13.18% | -1.74% | -5.59% | 19.8% | 11.6% | 38.54% | 12.79% | -4.76% | -10.64% | - |
| EBITDA | 93.13M | 94.74M | 92.13M | 114.44M | 126.33M | 171.62M | 184.75M | 184.19M | 171.01M | 192.89M |
| EBITDA Margin % | 7.01% | 6.68% | 6.71% | 7.2% | 8.05% | 9.42% | 8.94% | 8.28% | 8.27% | 11.06% |
| EBITDA Growth % | 14.48% | 1.73% | -2.75% | 24.2% | 10.39% | 35.86% | 7.65% | -0.31% | -7.15% | 35.8% |
| D&A (Non-Cash Add-back) | 7.4M | 10.5M | 12.6M | 19.16M | 19.99M | 24.3M | 18.59M | 25.93M | 29.6M | 29.67M |
| EBIT | 87.66M | 85.09M | 88.18M | 95.87M | 108.84M | 147.93M | 167.11M | 159.94M | 142.09M | 129.45M |
| Net Interest Income | -1.54M | -1.2M | -1.95M | -2.57M | -2M | -1.9M | -4.13M | -3.78M | -2.21M | 3.33M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.9M |
| Interest Expense | 1.54M | 1.2M | 1.95M | 2.57M | 2M | 1.9M | 4.13M | 3.78M | 2.21M | 572K |
| Other Income/Expense | 380K | -348K | 6.7M | 680K | 571K | -432K | -3.19M | 2.84M | 7.43M | 9.02M |
| Pretax Income | 86.11M▲ 0% | 83.89M▼ 2.6% | 86.23M▲ 2.8% | 95.96M▲ 11.3% | 106.91M▲ 11.4% | 146.88M▲ 37.4% | 162.97M▲ 11.0% | 161.09M▼ 1.2% | 148.84M▼ 7.6% | 172.24M▲ 0% |
| Pretax Margin % | 6.48% | 5.91% | 6.28% | 6.04% | 6.82% | 8.07% | 7.88% | 7.24% | 7.19% | 9.87% |
| Income Tax | 35.56M | 28.77M | 23.04M | 26.88M | 32.51M | 41.28M | 43.62M | 45.32M | 40.86M | 48.35M |
| Effective Tax Rate % | 41.29% | 34.29% | 26.72% | 28.01% | 30.41% | 28.11% | 26.76% | 28.13% | 27.45% | 28.07% |
| Net Income | 50.56M▲ 0% | 55.12M▲ 9.0% | 63.19M▲ 14.6% | 69.08M▲ 9.3% | 74.4M▲ 7.7% | 105.6M▲ 41.9% | 119.36M▲ 13.0% | 115.78M▼ 3.0% | 107.98M▼ 6.7% | 132.8M▲ 0% |
| Net Margin % | 3.8% | 3.89% | 4.6% | 4.35% | 4.74% | 5.8% | 5.77% | 5.2% | 5.22% | 7.61% |
| Net Income Growth % | 12.98% | 9.03% | 14.64% | 9.32% | 7.69% | 41.94% | 13.03% | -3% | -6.74% | 26.76% |
| Net Income (Continuing) | 50.56M | 55.12M | 63.19M | 69.08M | 74.4M | 105.6M | 119.36M | 115.78M | 107.98M | 123.88M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.80▲ 0% | 1.97▲ 9.4% | 2.33▲ 18.3% | 2.57▲ 10.3% | 2.77▲ 7.8% | 3.93▲ 41.9% | 4.48▲ 14.0% | 4.33▼ 3.3% | 4.06▼ 6.2% | 5.05▲ 0% |
| EPS Growth % | 18.42% | 9.44% | 18.27% | 10.3% | 7.78% | 41.88% | 13.99% | -3.35% | -6.24% | 23.98% |
| EPS (Basic) | 1.83 | 2.00 | 2.35 | 2.59 | 2.79 | 3.96 | 4.49 | 4.35 | 4.08 | - |
| Diluted Shares Outstanding | 28.06M | 27.93M | 27.16M | 26.83M | 26.83M | 26.87M | 26.65M | 26.72M | 26.62M | 26.29M |
| Basic Shares Outstanding | 27.73M | 27.58M | 26.9M | 26.65M | 26.67M | 26.64M | 26.57M | 26.61M | 26.5M | 26.17M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
PLUS Balance Sheet
ePlus inc. (PLUS) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 597.32M | 568.12M | 560.1M | 649.8M | 777.59M | 897.48M | 1.1B | 1.27B | 1.36B | 1.45B |
| Cash & Short-Term Investments | 109.76M | 118.2M | 79.82M | 86.23M | 129.56M | 155.38M | 103.09M | 253.02M | 389.38M | 326.29M |
| Cash Only | 109.76M | 118.2M | 79.82M | 86.23M | 129.56M | 155.38M | 103.09M | 253.02M | 389.38M | 326.29M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 342.67M | 366.62M | 404.99M | 481.74M | 538.89M | 540.54M | 649.46M | 794.1M | 739.94M | 697.99M |
| Days Sales Outstanding | 94.08 | 94.32 | 107.69 | 110.7 | 125.42 | 108.35 | 114.64 | 130.25 | 130.55 | 149.32 |
| Inventory | 93.56M | 39.85M | 50.49M | 50.27M | 69.96M | 155.06M | 243.29M | 139.69M | 120.44M | 240.98M |
| Days Inventory Outstanding | 33.17 | 13.38 | 17.68 | 15.1 | 21.74 | 41.63 | 57.28 | 30.15 | 28.95 | 43.52 |
| Other Current Assets | 8.79M | 16.98M | 123.47M | 22.69M | 28.48M | 46.5M | 99.29M | 86.72M | 114.03M | 188.96M |
| Total Non-Current Assets | 144.4M | 190.58M | 226.09M | 259.31M | 273.08M | 268.72M | 319.7M | 379.94M | 521.01M | 377.47M |
| Property, Plant & Equipment | 11.96M | 19.14M | 17.33M | 30.34M | 27.07M | 50.65M | 75.15M | 31.96M | 35.05M | 99.38M |
| Fixed Asset Turnover | 111.19x | 74.12x | 79.22x | 52.36x | 57.94x | 35.96x | 27.51x | 69.63x | 59.03x | 19.86x |
| Goodwill | 48.4M | 76.62M | 110.81M | 118.1M | 126.64M | 126.54M | 136.1M | 161.5M | 202.86M | 202.93M |
| Intangible Assets | 12.16M | 26.3M | 38.93M | 34.46M | 38.61M | 27.25M | 25.05M | 44.09M | 82.01M | 66.11M |
| Long-Term Investments | 71.88M | 68.51M | 59.03M | 0 | 0 | 0 | 0 | 0 | 127.52M | 127.52M |
| Other Non-Current Assets | -12.04M | -5.64M | -6.9M | 76.42M | 79.29M | 59.23M | 79.72M | 136.77M | 69.93M | 69.93M |
| Total Assets | 741.72M▲ 0% | 758.7M▲ 2.3% | 786.2M▲ 3.6% | 909.11M▲ 15.6% | 1.08B▲ 18.4% | 1.17B▲ 8.3% | 1.41B▲ 21.3% | 1.65B▲ 16.9% | 1.88B▲ 14.0% | 1.83B▲ 0% |
| Asset Turnover | 1.79x | 1.87x | 1.75x | 1.75x | 1.46x | 1.56x | 1.46x | 1.35x | 1.10x | 0.96x |
| Asset Growth % | 20.28% | 2.29% | 3.62% | 15.63% | 18.44% | 8.31% | 21.32% | 16.87% | 13.99% | 30.63% |
| Total Current Liabilities | 376.49M | 353.3M | 328.85M | 386.64M | 459.36M | 460.04M | 561.33M | 656.99M | 797.88M | 682.09M |
| Accounts Payable | 113.52M | 106.93M | 86.8M | 82.92M | 165.16M | 136.16M | 220.16M | 315.68M | 451.73M | 291.38M |
| Days Payables Outstanding | 40.24 | 35.89 | 30.4 | 24.92 | 51.32 | 36.56 | 51.84 | 68.13 | 108.6 | 94.95 |
| Short-Term Debt | 159.6M | 154.31M | 154.23M | 194.3M | 154.5M | 169.71M | 165.43M | 128.39M | 116.98M | 0 |
| Deferred Revenue (Current) | 65.31M | 38.88M | 47.25M | 55.48M | 72.8M | 86.47M | 114.03M | 134.6M | 152.78M | 479.82M |
| Other Current Liabilities | 9.97M | 60.68M | 11.29M | 7.74M | 12.53M | 28.09M | 24.37M | 34.63M | 31.36M | 222.43M |
| Current Ratio | 1.59x | 1.61x | 1.70x | 1.68x | 1.69x | 1.95x | 1.95x | 1.94x | 1.71x | 1.71x |
| Quick Ratio | 1.34x | 1.50x | 1.55x | 1.55x | 1.54x | 1.61x | 1.52x | 1.73x | 1.56x | 1.56x |
| Cash Conversion Cycle | 87.01 | 71.8 | 94.97 | 100.89 | 95.84 | 113.42 | 120.09 | 92.27 | 50.91 | 97.88 |
| Total Non-Current Liabilities | 19.31M | 32.8M | 33.09M | 36.33M | 55M | 45.43M | 71.23M | 94.7M | 109.3M | 86.3M |
| Long-Term Debt | 10.43M | 10.07M | 10.5M | 5.87M | 18.32M | 9.9M | 9.52M | 12.9M | 11.32M | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 8.33M | 5.04M | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 1.8M | 1.66M | 4.92M | 2.73M | 0 | 0 | 715K | 0 | 1.45M | 1.45M |
| Other Non-Current Liabilities | 2.38M | 8.16M | 3.88M | 2.71M | 5.33M | 35.53M | 61M | 81.8M | 96.53M | 207.76M |
| Total Liabilities | 395.8M | 386.1M | 361.94M | 422.97M | 514.37M | 505.46M | 632.56M | 751.69M | 907.18M | 768.39M |
| Total Debt | 170.04M | 164.39M | 164.73M | 213.31M | 181.8M | 179.61M | 174.95M | 141.29M | 128.3M | 0 |
| Net Debt | 60.28M | 46.19M | 84.91M | 127.08M | 52.23M | 24.23M | 71.86M | -111.73M | -261.07M | -326.29M |
| Debt / Equity | 0.49x | 0.44x | 0.39x | 0.44x | 0.32x | 0.27x | 0.22x | 0.16x | 0.13x | 0.13x |
| Debt / EBITDA | 1.83x | 1.74x | 1.79x | 1.86x | 1.44x | 1.05x | 0.95x | 0.77x | 0.75x | 0.00x |
| Net Debt / EBITDA | 0.65x | 0.49x | 0.92x | 1.11x | 0.41x | 0.14x | 0.39x | -0.61x | -1.53x | -1.53x |
| Interest Coverage | 55.56x | 70.49x | 40.83x | 37.02x | 53.03x | 77.41x | 40.20x | 41.90x | 63.96x | 226.31x |
| Total Equity | 345.92M▲ 0% | 372.6M▲ 7.7% | 424.25M▲ 13.9% | 486.14M▲ 14.6% | 562.41M▲ 15.7% | 660.74M▲ 17.5% | 782.26M▲ 18.4% | 901.78M▲ 15.3% | 977.62M▲ 8.4% | 1.06B▲ 0% |
| Equity Growth % | 8.48% | 7.71% | 13.86% | 14.59% | 15.69% | 17.48% | 18.39% | 15.28% | 8.41% | 40.05% |
| Book Value per Share | 12.33 | 13.34 | 15.62 | 18.12 | 20.96 | 24.59 | 29.35 | 33.75 | 36.73 | 40.45 |
| Total Shareholders' Equity | 345.92M | 372.6M | 424.25M | 486.14M | 562.41M | 660.74M | 782.26M | 901.78M | 977.62M | 1.06B |
| Common Stock | 142K | 142K | 143K | 144K | 145K | 270K | 272K | 274K | 276K | 278K |
| Retained Earnings | 222.82M | 277.94M | 341.14M | 410.22M | 484.62M | 507.85M | 627.2M | 742.98M | 850.96M | 945.3M |
| Treasury Stock | 0 | -36.02M | -54M | -68.42M | -75.37M | -6.73M | -14.08M | -23.81M | -70.75M | 0 |
| Accumulated OCI | -583K | 532K | -271K | -991K | 655K | -124K | 1.57M | 2.28M | 3.44M | 5.49M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PLUS Cash Flow Statement
ePlus inc. (PLUS) cash flow — operating, investing & free cash flow history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 33.02M | 82.77M | 39.41M | -74.17M | 129.51M | -20.57M | -15.43M | 248.45M | 302.14M | 302.14M |
| Operating CF Margin % | 2.48% | 5.83% | 2.87% | -4.67% | 8.26% | -1.13% | -0.75% | 11.16% | 14.6% | - |
| Operating CF Growth % | 146.72% | 150.68% | -52.38% | -288.21% | 274.6% | -115.88% | 25.02% | 1710.69% | 21.61% | -445.82% |
| Net Income | 50.56M | 55.12M | 63.19M | 69.08M | 74.4M | 105.6M | 119.36M | 115.78M | 107.98M | 132.8M |
| Depreciation & Amortization | 11.73M | 15.83M | 18.64M | 19.16M | 19.99M | 24.3M | 18.59M | 25.93M | 29.6M | 29.85M |
| Stock-Based Compensation | 6.03M | 6.46M | 7.24M | 7.95M | 7.17M | 7.11M | 7.83M | 9.73M | 10M | 11.53M |
| Deferred Taxes | -1.2M | -44K | 3.28M | -2.19M | -4.2M | -3.58M | 2.08M | -2.66M | 3.41M | 4.69M |
| Other Non-Cash Items | -12.73M | -16.54M | -11.09M | 120K | -1.34M | -4.27M | -2.81M | 713K | 1.51M | -362.83M |
| Working Capital Changes | -21.36M | 21.93M | -41.85M | -168.3M | 33.49M | -149.74M | -160.47M | 98.96M | 149.66M | 121.49M |
| Change in Receivables | -17.23M | 6.58M | -34.31M | -64.39M | -47.16M | -41.97M | -78.68M | -136.09M | 30.13M | -169.49M |
| Change in Inventory | -60.02M | 54.98M | -10.93M | 115K | -16.8M | -85.45M | -88.1M | 104.78M | 29.36M | -141.6M |
| Change in Payables | 3.85M | 258K | 12.46M | -8.88M | 76.77M | -25.19M | 75.27M | 82.91M | 112.08M | 66.06M |
| Cash from Investing | -26.34M | -57.68M | -96.2M | -20.34M | -35.76M | -1.26M | -18.93M | -61.96M | -128.87M | 151.93M |
| Capital Expenditures | -9.56M | -7.59M | -11.63M | -7.01M | -11.51M | -23.18M | -9.38M | -8.5M | -6.6M | -5.11M |
| CapEx % of Revenue | 0.72% | 0.53% | 0.85% | 0.44% | 0.73% | 1.27% | 0.45% | 0.38% | 0.32% | - |
| Acquisitions | -9.14M | -37.72M | -49.76M | -15.04M | -27.03M | 0 | -13.29M | -54.18M | -124.93M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -7.64M | -12.37M | -34.81M | 1.71M | 2.79M | 21.92M | 3.74M | 721K | 2.66M | 157.04M |
| Cash from Financing | 7.81M | -16.77M | 18.46M | 100.63M | -49.8M | 47.18M | -20.95M | -36.62M | -37.58M | -20.78M |
| Debt Issued (Net) | 33.29M | 20.58M | 44.84M | 120.82M | -42.3M | 60.78M | -13.73M | -29.79M | 8.03M | -1.67M |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -3M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13.13M |
| Share Repurchases | -30.49M | -35.24M | -18.75M | -14.43M | -6.95M | -13.61M | -7.22M | -9.85M | -46.94M | -37.79M |
| Other Financing | 5.01M | -2.1M | -7.63M | -5.76M | -556K | 0 | 0 | 0 | -2.31M | 13.09M |
| Net Change in Cash | 14.99M▲ 0% | 8.44M▼ 43.7% | -38.38M▼ 554.9% | 6.42M▲ 116.7% | 43.33M▲ 575.5% | 25.82M▼ 40.4% | -52.28M▼ 302.5% | 149.93M▲ 386.8% | 136.35M▼ 9.1% | 73.22M▲ 0% |
| Free Cash Flow | 23.46M▲ 0% | 75.18M▲ 220.5% | 27.78M▼ 63.0% | -81.18M▼ 392.2% | 117.99M▲ 245.3% | -43.75M▼ 137.1% | -24.8M▲ 43.3% | 239.95M▲ 1067.3% | 295.54M▲ 23.2% | -67.58M▲ 0% |
| FCF Margin % | 1.76% | 5.3% | 2.02% | -5.11% | 7.52% | -2.4% | -1.2% | 10.78% | 14.29% | -3.87% |
| FCF Growth % | 2260.04% | 220.47% | -63.04% | -392.21% | 245.34% | -137.08% | 43.31% | 1067.33% | 23.17% | -128.08% |
| FCF per Share | 0.84 | 2.69 | 1.02 | -3.03 | 4.40 | -1.63 | -0.93 | 8.98 | 11.10 | 11.10 |
| FCF Conversion (FCF/Net Income) | 0.65x | 1.50x | 0.62x | -1.07x | 1.74x | -0.19x | -0.13x | 2.15x | 2.80x | -0.51x |
| Interest Paid | 38K | 602K | 1.86M | 2.26M | 1.44M | 1.71M | 4.07M | 3.77M | 2.3M | 609K |
| Taxes Paid | 32.24M | 32.13M | 19.94M | 28.36M | 31.69M | 47.14M | 51.98M | 41.53M | 48.73M | -44.51M |
PLUS Key Ratios
ePlus inc. (PLUS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 15.21% | 15.34% | 15.86% | 15.18% | 14.19% | 17.27% | 16.54% | 13.75% | 11.49% | 12.49% |
| Return on Invested Capital (ROIC) | 16.08% | 15.32% | 12.86% | 12.73% | 12.99% | 17% | 16.19% | 14.44% | 14.08% | 14.08% |
| Gross Margin | 22.55% | 22.8% | 24.07% | 23.53% | 25.09% | 25.34% | 25.03% | 24% | 26.61% | 34.97% |
| Net Margin | 3.8% | 3.89% | 4.6% | 4.35% | 4.74% | 5.8% | 5.77% | 5.2% | 5.22% | 7.61% |
| Debt / Equity | 0.49x | 0.44x | 0.39x | 0.44x | 0.32x | 0.27x | 0.22x | 0.16x | 0.13x | 0.13x |
| Interest Coverage | 55.56x | 70.49x | 40.83x | 37.02x | 53.03x | 77.41x | 40.20x | 41.90x | 63.96x | 226.31x |
| FCF Conversion | 0.65x | 1.50x | 0.62x | -1.07x | 1.74x | -0.19x | -0.13x | 2.15x | 2.80x | -0.51x |
| Revenue Growth | 10.4% | 6.73% | -3.25% | 15.72% | -1.26% | 16.11% | 13.55% | 7.62% | -7.03% | -16.72% |
PLUS SEC Filings & Documents
ePlus inc. (PLUS) SEC filings — annual & quarterly reports (10-K, 10-Q)
PLUS Frequently Asked Questions
ePlus inc. (PLUS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
ePlus inc. (PLUS) reported $1.74B in revenue for fiscal year 2025. This represents a 3975% increase from $42.8M in 1996.
ePlus inc. (PLUS) saw revenue decline by 7.0% over the past year.
Yes, ePlus inc. (PLUS) is profitable, generating $132.8M in net income for fiscal year 2025 (5.2% net margin).
Dividend & Returns
ePlus inc. (PLUS) has a return on equity (ROE) of 11.5%. This is reasonable for most industries.
ePlus inc. (PLUS) had negative free cash flow of $67.6M in fiscal year 2025, likely due to heavy capital investments.
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