Everforth Inc
Business
Everforth Inc (formerly ASGN Incorporated) is a provider of information technology solutions and digital engineering services to commercial enterprises and U.S. federal government agencies. The company delivers solutions across Cloud and Infrastructure, Data and AI, Software Development and Engineering, Customer Experience, Cybersecurity, and Enterprise Platforms through six brands including Apex Systems, Creative Circle, and CyberCoders. Everforth operates through Commercial and Federal Government segments, serving clients across Financial Services, Healthcare, Technology Media & Telecom, and other industries, with operations in North America and delivery centers in Mexico and India.
Summary from 10-K filed 2026-02-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues | 3,980 | 4,100 | 4,451 | 4,581 | 4,010 | |
| Cost of services | 2,831 | 2,916 | 3,171 | 3,212 | 2,867 | |
| Gross profit | 1,149 | 1,184 | 1,280 | 1,370 | 1,142 | |
| Selling, general, and administrative expenses | 854 | 821 | 844 | 895 | 736 | |
| Amortization of intangible assets | 65 | 58 | 72 | 65 | 56 | |
| Operating income | 230 | 304 | 364 | 410 | 351 | |
| Interest expense, net | −68 | −64 | −66 | −46 | −38 | |
| Income before income taxes | 163 | 240 | 298 | 364 | 313 | |
| Provision for income taxes | 49 | 65 | 78 | 97 | 82 | |
| Net income | 114 | 175 | 219 | 268 | 410 | |
| Earnings per share (in dollars per share) | 2.62 | 3.88 | 4.54 | 5.3 | 7.78 | |
| Earnings per share (in dollars per share) | 2.6 | 3.83 | 4.5 | 5.23 | 7.66 | |
| Basic (in shares) | 43 | 45 | 48 | 51 | 53 | |
| Diluted (in shares) | 44 | 46 | 49 | 51 | 54 | |
| Foreign currency translation adjustment | 3 | −5 | 3 | −2 | 700,000 | |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total | 117 | 170 | 222 | 266 | 411 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 161 | 205 | 176 | 70 | 530 | |
| Accounts receivable, net | 674 | 651 | 742 | 854 | 708 | |
| Other current assets | 81 | 62 | 19 | 17 | 30 | |
| Total current assets | 916 | 918 | 973 | 981 | 1,309 | |
| Property and equipment, net | 85 | 83 | 81 | 66 | 55 | |
| Identifiable intangible assets, net | 454 | 440 | 498 | 570 | 488 | |
| Goodwill | 2,143 | 1,893 | 1,894 | 1,892 | 1,570 | |
| Other non-current assets | 80 | 96 | 34 | 26 | 24 | |
| Total assets | 3,677 | 3,429 | 3,545 | 3,586 | 3,503 | |
| Accounts payable | 47 | 27 | 34 | 35 | 20 | |
| Accrued payroll | 231 | 218 | 237 | 285 | 306 | |
| Other current liabilities | 146 | 122 | 104 | 99 | 102 | |
| Total current liabilities | 424 | 367 | 394 | 442 | 451 | |
| Long-term debt | 1,169 | 1,034 | 1,037 | 1,067 | 1,034 | |
| Deferred income tax liabilities | 237 | 188 | 156 | 129 | 89 | |
| Other long-term liabilities | 42 | 64 | 17 | 14 | 23 | |
| Total liabilities | 1,873 | 1,652 | 1,653 | 1,684 | 1,637 | |
| Commitments and contingencies (Note 10) | — | — | — | — | — | |
| Preferred stock, $0.01 par value, 1.0 million shares authorized, no shares issued | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.01 par value, 75.0 million shares authorized, 41.7 million and 43.8 million shares outstanding at December 31, 2025 and 2024, respectively | 400,000 | 400,000 | 500,000 | 500,000 | 500,000 | |
| Paid-in capital | 714 | 684 | 696 | 704 | 691 | |
| Retained earnings | 1,092 | 1,097 | 1,196 | 1,200 | 1,174 | |
| Accumulated other comprehensive loss | −2 | −5 | 0 | −3 | −300,000 | |
| Total stockholders equity | 1,804 | 1,777 | 1,892 | 1,901 | 1,865 | |
| Total liabilities and stockholders equity | 3,677 | 3,429 | 3,545 | 3,586 | 3,503 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization and depreciation | 114 | 96 | 100 | 91 | 90 | |
| Stock-based compensation | 48 | 42 | 44 | 49 | 53 | |
| Deferred income taxes | 44 | 31 | 27 | 32 | −20 | |
| Other | 12 | 9 | 10 | 8 | 6 | |
| Accounts receivable | −4 | 87 | 111 | −116 | −111 | |
| Prepaid expenses and income taxes | −900,000 | −8 | 3 | 2 | −18 | |
| Accounts payable | 16 | −7 | −2 | 8 | −24 | |
| Accrued payroll | 9 | −17 | −49 | 11 | 67 | |
| Payroll tax deferral and other | −24 | −9 | −6 | −45 | −43 | |
| Net cash provided by operating activities | 328 | 400 | 457 | 308 | 194 | |
| Cash paid for property and equipment | −40 | −35 | −40 | −38 | −35 | |
| Cash paid for acquisitions, net of cash acquired | −304 | 0 | 0 | −485 | −223 | |
| Other | 0 | 0 | −600,000 | 2 | 200,000 | |
| Net cash used in investing activities | −344 | −35 | −41 | −510 | 247 | |
| Proceeds from long-term debt | 421 | 0 | 572 | 94 | 0 | |
| Principal payments of long-term debt | −282 | −5 | −597 | −63 | 0 | |
| Proceeds from employee stock purchase plan | 14 | 17 | 19 | 19 | 14 | |
| Repurchase of common stock | −170 | −327 | −273 | −281 | −181 | |
| Payment of employment taxes related to release of restricted stock awards | −9 | −16 | −18 | −17 | −16 | |
| Debt issuance or amendment costs | 0 | 0 | −9 | −800,000 | −1 | |
| Other | −4 | −2 | −5 | −8 | 0 | |
| Net cash used in financing activities | −29 | −333 | −311 | −257 | −184 | |
| Effect of exchange rate changes on cash and cash equivalents | 1 | −2 | 100,000 | −600,000 | −600,000 | |
| Net Increase in Cash and Cash Equivalents | −44 | 29 | 106 | −459 | 255 | |
| Income taxes | 8 | 34 | 45 | 55 | 170 | |
| Interest | 67 | 63 | 62 | 44 | 35 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Everforth Inc's CIK number?
Everforth Inc's SEC CIK number is 0000890564 (890564). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Everforth Inc's SEC filings?
All of Everforth Inc's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Everforth Inc last report earnings?
Everforth Inc (EFOR) most recently filed an earnings 8-K with the SEC on Apr 22, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000890564-26-000020). This is Everforth Inc's most recent earnings filing of record — not a forecast of its next earnings date.
What is Everforth Inc's most recent earnings 8-K?
Everforth Inc's latest earnings 8-K (Item 2.02) was filed Apr 22, 2026 under accession 0000890564-26-000020. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Everforth Inc's latest earnings 8-K →
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