PLUS: Eplus Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Eplus Inc (PLUS).
$1.62B Market Cap.
PLUS Market Cap. (MRY)
PLUS Shares Outstanding (MRY)
PLUS Assets (MRY)
Total Assets
$1.88B
Total Liabilities
$907.18M
Total Investments
$296.54M
PLUS Income (MRY)
Revenue
$2.07B
Net Income
$107.98M
Operating Expense
$425.50M
PLUS Cash Flow (MRY)
CF Operations
$302.14M
CF Investing
-$128.87M
CF Financing
-$37.58M
PLUS Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total Assets | $1,884,805,000 (13.99%) | $1,653,469,000 (16.87%) | $1,414,826,000 (21.32%) | $1,166,203,000 (8.31%) |
Assets Current | $1,363,790,000 (7.09%) | $1,273,529,000 (16.29%) | $1,095,130,000 (22.02%) | $897,482,000 (15.42%) |
Assets Non-Current | $521,015,000 (37.13%) | $379,940,000 (18.84%) | $319,696,000 (18.97%) | $268,721,000 (-10.18%) |
Goodwill & Intangible Assets | $284,865,000 (38.56%) | $205,596,000 (27.58%) | $161,150,000 (4.78%) | $153,793,000 (-6.94%) |
Shareholders Equity | $977,623,000 (8.41%) | $901,779,000 (15.28%) | $782,265,000 (18.39%) | $660,738,000 (17.48%) |
Property Plant & Equipment Net | $104,974,000 (17.57%) | $89,289,000 (26.75%) | $70,447,000 (54.54%) | $45,586,000 (7.80%) |
Cash & Equivalents | $389,375,000 (53.89%) | $253,021,000 (145.43%) | $103,093,000 (-33.65%) | $155,378,000 (19.93%) |
Accumulated Other Comprehensive Income | $3,441,000 (50.92%) | $2,280,000 (45.41%) | $1,568,000 (1364.52%) | -$124,000 (-118.93%) |
Deferred Revenue | $152,780,000 (13.51%) | $134,596,000 (18.04%) | $114,028,000 (31.87%) | $86,469,000 (18.77%) |
Total Investments | $296,543,000 (62.90%) | $182,035,000 (4.47%) | $174,246,000 (38.53%) | $125,784,000 (-35.97%) |
Investments Current | $169,025,000 (64.74%) | $102,600,000 (14.22%) | $89,829,000 (46.08%) | $61,492,000 (-42.14%) |
Investments Non-Current | $127,518,000 (60.53%) | $79,435,000 (-5.90%) | $84,417,000 (31.30%) | $64,292,000 (-28.70%) |
Inventory | $120,440,000 (-13.78%) | $139,690,000 (-42.58%) | $243,286,000 (56.90%) | $155,060,000 (121.63%) |
Trade & Non-Trade Receivables | $570,917,000 (-17.44%) | $691,500,000 (23.56%) | $559,630,000 (16.82%) | $479,053,000 (10.73%) |
Trade & Non-Trade Payables | $625,065,000 (24.85%) | $500,665,000 (17.40%) | $426,451,000 (24.60%) | $342,264,000 (-4.05%) |
Accumulated Retained Earnings (Deficit) | $850,956,000 (14.53%) | $742,978,000 (18.46%) | $627,202,000 (23.50%) | $507,846,000 (4.79%) |
Tax Assets | $3,658,000 (-34.91%) | $5,620,000 (52.63%) | $3,682,000 (-27.09%) | $5,050,000 (244.01%) |
Tax Liabilities | $1,454,000 (0%) | $0 (0%) | $715,000 (0%) | $0 (0%) |
Total Debt | $0 (0%) | $0 (0%) | $5,997,000 (-54.25%) | $13,108,000 (-27.61%) |
Debt Current | $0 (0%) | $0 (0%) | $5,997,000 (-18.03%) | $7,316,000 (34.24%) |
Debt Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $5,792,000 (-54.24%) |
Total Liabilities | $907,182,000 (20.69%) | $751,690,000 (18.83%) | $632,561,000 (25.14%) | $505,465,000 (-1.73%) |
Liabilities Current | $797,883,000 (21.45%) | $656,990,000 (17.04%) | $561,326,000 (22.02%) | $460,036,000 (0.15%) |
Liabilities Non-Current | $109,299,000 (15.42%) | $94,700,000 (32.94%) | $71,235,000 (56.81%) | $45,429,000 (-17.40%) |
PLUS Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Revenues | $2,068,789,000 (-7.03%) | $2,225,302,000 (7.62%) | $2,067,718,000 (13.55%) | $1,821,019,000 (16.11%) |
Cost of Revenue | $1,499,668,000 (-10.44%) | $1,674,509,000 (8.02%) | $1,550,194,000 (13.98%) | $1,360,037,000 (15.77%) |
Selling General & Administrative Expense | $399,744,000 (8.70%) | $367,734,000 (10.26%) | $333,520,000 (12.25%) | $297,117,000 (9.53%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $425,497,000 (9.45%) | $388,759,000 (11.96%) | $347,229,000 (11.38%) | $311,763,000 (9.31%) |
Interest Expense | $2,211,000 (-41.46%) | $3,777,000 (-8.61%) | $4,133,000 (117.18%) | $1,903,000 (-5.09%) |
Income Tax Expense | $40,861,000 (-9.83%) | $45,317,000 (3.90%) | $43,618,000 (5.65%) | $41,284,000 (26.99%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $107,978,000 (-6.74%) | $115,776,000 (-3.00%) | $119,356,000 (13.03%) | $105,600,000 (41.94%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $107,978,000 (-6.74%) | $115,776,000 (-3.00%) | $119,356,000 (13.03%) | $105,600,000 (41.94%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $107,978,000 (-6.74%) | $115,776,000 (-3.00%) | $119,356,000 (13.03%) | $105,600,000 (41.94%) |
Weighted Average Shares | $26,503,000 (-0.40%) | $26,610,000 (0.15%) | $26,569,000 (-0.26%) | $26,638,000 (-0.13%) |
Weighted Average Shares Diluted | $26,666,000 (-0.19%) | $26,717,000 (0.24%) | $26,654,000 (-0.79%) | $26,866,000 (0.12%) |
Earning Before Interest & Taxes (EBIT) | $151,050,000 (-8.38%) | $164,870,000 (-1.34%) | $167,107,000 (12.31%) | $148,787,000 (36.61%) |
Gross Profit | $569,121,000 (3.33%) | $550,793,000 (6.43%) | $517,524,000 (12.27%) | $460,982,000 (17.13%) |
Operating Income | $143,624,000 (-11.36%) | $162,034,000 (-4.85%) | $170,295,000 (14.12%) | $149,219,000 (37.73%) |
PLUS Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$128,867,000 (-107.97%) | -$61,964,000 (-227.40%) | -$18,926,000 (-1403.26%) | -$1,259,000 (96.48%) |
Net Cash Flow from Financing | -$37,576,000 (-2.61%) | -$36,619,000 (-74.79%) | -$20,950,000 (-144.41%) | $47,176,000 (194.73%) |
Net Cash Flow from Operations | $302,145,000 (21.61%) | $248,449,000 (1710.69%) | -$15,425,000 (25.02%) | -$20,571,000 (-115.88%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $136,354,000 (-9.05%) | $149,928,000 (386.75%) | -$52,285,000 (-302.53%) | $25,816,000 (-40.42%) |
Net Cash Flow - Business Acquisitions and Disposals | -$124,926,000 (-130.57%) | -$54,182,000 (-307.75%) | -$13,288,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$3,941,000 (49.36%) | -$7,782,000 (-38.03%) | -$5,638,000 (-347.82%) | -$1,259,000 (85.57%) |
Issuance (Repayment) of Debt Securities | $8,033,000 (126.97%) | -$29,785,000 (-117.00%) | -$13,726,000 (-122.58%) | $60,784,000 (243.70%) |
Issuance (Purchase) of Equity Shares | -$43,302,000 (-533.63%) | -$6,834,000 (5.40%) | -$7,224,000 (46.91%) | -$13,608,000 (-95.85%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $652,000 (951.61%) | $62,000 (-97.94%) | $3,016,000 (541.70%) | $470,000 (176.05%) |
Share Based Compensation | $9,996,000 (2.72%) | $9,731,000 (24.36%) | $7,825,000 (9.99%) | $7,114,000 (-0.77%) |
Depreciation Amortization & Accretion | $29,596,000 (14.15%) | $25,928,000 (39.48%) | $18,589,000 (-23.52%) | $24,305,000 (21.58%) |
PLUS Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Gross Margin | 27.50% (10.89%) | 24.80% (-0.80%) | 25.00% (-1.19%) | 25.30% (0.80%) |
Profit Margin | 5.20% (0.00%) | 5.20% (-10.34%) | 5.80% (0.00%) | 5.80% (23.40%) |
EBITDA Margin | 8.70% (1.16%) | 8.60% (-4.44%) | 9.00% (-5.26%) | 9.50% (15.85%) |
Return on Average Equity (ROAE) | 11.30% (-16.30%) | 13.50% (-17.68%) | 16.40% (-2.96%) | 16.90% (20.71%) |
Return on Average Assets (ROAA) | 6.20% (-12.68%) | 7.10% (-16.47%) | 8.50% (-6.59%) | 9.10% (31.88%) |
Return on Sales (ROS) | 7.30% (-1.35%) | 7.40% (-8.64%) | 8.10% (-1.22%) | 8.20% (18.84%) |
Return on Invested Capital (ROIC) | 30.60% (12.09%) | 27.30% (-3.19%) | 28.20% (-15.57%) | 33.40% (-6.70%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 14.99 (-16.95%) | 18.05 (65.31%) | 10.92 (-22.85%) | 14.16 (-20.72%) |
Price to Sales Ratio (P/S) | 0.78 (-16.72%) | 0.94 (49.05%) | 0.63 (-23.17%) | 0.82 (-3.19%) |
Price to Book Ratio (P/B) | 1.66 (-29.22%) | 2.35 (39.18%) | 1.69 (-26.04%) | 2.28 (-4.64%) |
Debt to Equity Ratio (D/E) | 0.93 (11.27%) | 0.83 (3.09%) | 0.81 (5.75%) | 0.77 (-16.39%) |
Earnings Per Share (EPS) | 4.07 (-6.44%) | 4.35 (-3.12%) | 4.49 (13.38%) | 3.96 (41.94%) |
Sales Per Share (SPS) | 78.06 (-6.66%) | 83.63 (7.46%) | 77.82 (13.84%) | 68.36 (16.27%) |
Free Cash Flow Per Share (FCFPS) | 11.25 (24.41%) | 9.04 (1240.48%) | -0.79 (3.29%) | -0.82 (-118.11%) |
Book Value Per Share (BVPS) | 36.89 (8.85%) | 33.89 (15.10%) | 29.44 (18.70%) | 24.8 (17.64%) |
Tangible Assets Book Value Per Share (TABVPS) | 60.37 (10.95%) | 54.41 (15.31%) | 47.19 (24.15%) | 38.01 (11.22%) |
Enterprise Value Over EBIT (EV/EBIT) | 9 (-25.00%) | 12 (50.00%) | 8 (-20.00%) | 10 (-16.67%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 7.59 (-26.66%) | 10.35 (45.28%) | 7.13 (-15.56%) | 8.44 (-13.61%) |
Asset Turnover | 1.18 (-13.02%) | 1.36 (-7.30%) | 1.47 (-6.62%) | 1.57 (7.61%) |
Current Ratio | 1.71 (-11.82%) | 1.94 (-0.67%) | 1.95 (0.00%) | 1.95 (15.24%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $298,204,000 (23.91%) | $240,667,000 (1242.61%) | -$21,063,000 (3.51%) | -$21,830,000 (-118.07%) |
Enterprise Value (EV) | $1,371,326,113 (-30.56%) | $1,974,868,317 (49.26%) | $1,323,139,273 (-9.41%) | $1,460,524,329 (16.01%) |
Earnings Before Tax (EBT) | $148,839,000 (-7.61%) | $161,093,000 (-1.15%) | $162,974,000 (10.95%) | $146,884,000 (37.40%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $180,646,000 (-5.32%) | $190,798,000 (2.75%) | $185,696,000 (7.28%) | $173,092,000 (34.28%) |
Invested Capital | $412,682,000 (-23.27%) | $537,862,000 (-9.64%) | $595,254,000 (45.15%) | $410,104,000 (20.37%) |
Working Capital | $565,907,000 (-8.21%) | $616,539,000 (15.50%) | $533,804,000 (22.03%) | $437,446,000 (37.46%) |
Tangible Asset Value | $1,599,940,000 (10.50%) | $1,447,873,000 (15.49%) | $1,253,676,000 (23.83%) | $1,012,410,000 (11.07%) |
Market Capitalization | $1,624,400,113 (-23.27%) | $2,117,038,317 (60.43%) | $1,319,573,273 (-12.45%) | $1,507,297,329 (12.03%) |
Average Equity | $952,222,000 (10.77%) | $859,629,750 (18.14%) | $727,654,500 (16.55%) | $624,314,000 (17.07%) |
Average Assets | $1,750,402,000 (6.92%) | $1,637,164,500 (16.11%) | $1,410,045,250 (21.59%) | $1,159,677,500 (7.87%) |
Invested Capital Average | $493,557,000 (-18.37%) | $604,598,750 (1.98%) | $592,848,000 (33.24%) | $444,948,250 (46.17%) |
Shares | 26,616,420 (-1.26%) | 26,954,906 (0.17%) | 26,908,101 (0.08%) | 26,887,216 (-0.44%) |
