Is ePlus (PLUS) overvalued or fairly valued?

MarketChacha shows ePlus's valuation in context — a trailing P/E of about 17.4, a forward P/E of about 16.1, a price-to-book of about 2.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does ePlus's reported profit turn into cash?

Over 4 years, about 88% of reported profit turned into operating cash — most of it, but worth reading alongside the cash-flow statement. MarketChacha computes this cash-conversion check (0.88×) from reported figures — education, not a rating.

What is ePlus's revenue?

ePlus reported revenue of $2.4B for FY2026, with net profit of $132.6M, per official filings.

What is the share price of ePlus (PLUS)?

ePlus last traded at $94.08 (+2.7% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

ePlus

PLUS · NYSE · Technology · United States

Snapshot

TickerPLUS

ExchangeNYSE

SectorTechnology

IndustrySoftware - Application

CountryUnited States

Employees2,171

HeadquartersHerndon, United States

Websitewww.eplus.com

Filings tracked16

About ePlus

ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize IT environment and supply chain processes in the United States and internationally. The company operates through three segments: Product Services, Professional Services, and Managed Services segments. It sells third-party hardware, perpetual and subscription software, and maintenance; and software assurance and other third-party services as well as offers internet-based business-to-business supply chain management solutions for IT products. The company also offers professional services, such as staff augmentation, project management, cloud consulting, Al advisory, consulting, security and collaboration solution, warehouse, configuration, and logistic service, as well as in the spaces of digital signage, EV charging solution, loss prevention and security, store opening, remodel, and store closing; and managed services comprising enhanced maintenance support or ePlus Lifecycle-Services Support, service desk, storage-as-a-service, azure recover, cloud managed, and managed security service, as well as managed service for infrastructure and cloud. It serves telecommunications, media and entertainment, technology, state and local government, educational institutions, healthcare, and financial services. 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.

Who owns it

Insiders2.2%
Institutions97.6%
Public & other0.2%

399 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.15.56%
River Road Asset Management, LLC6.06%
Dimensional Fund Advisors LP5.24%
Vanguard Capital Management LLC4.45%
Vanguard Portfolio Management LLC4.38%
State Street Corporation4.09%
First Trust Advisors LP3.53%
AltraVue Capital, LLC3.49%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Over 4 years, about 88% of reported profit turned into operating cash — most of it, but worth reading alongside the cash-flow statement.

Cash conversion0.88×

Over 4 years, about 88% of reported profit turned into operating cash — most of it, but worth reading alongside the cash-flow statement.

Net margin trend5.8% → 5.4%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 6% · PAT 4%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $656.8M · EPS 1.53

Est. earnings growth +5.5%

Next fiscal year

Rev $2.7B · EPS 5.96

Est. earnings growth +8.8%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$2.4B

Net margin

5.4%

ROE

12.4%

Revenue CAGR (3y)

+5.7%

Profit CAGR (3y)

+3.6%

EPS (FY2026)

5.03

Net profit (FY2026)

$132.6M

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$2.4B	$132.6M	5.03	5.4%	12.4%
FY2025	$2.0B	$104.6M	3.93	5.2%	10.8%
FY2024	$2.2B	$118.0M	4.41	5.4%	13.1%
FY2023	$2.1B	$119.4M	4.48	5.8%	15.4%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$649.1M	$30.3M	1.16	4.7%
2025Q4	$614.8M	$35.1M	1.33	5.7%
2025Q3	$608.8M	$34.9M	1.32	5.7%
2025Q2	$642.8M	$42.6M	1.61	6.6%
2024Q4	$493.2M	$24.1M	0.91	4.9%
2024Q3	$493.4M	$31.3M	1.17	6.3%
2024Q2	$535.7M	$27.3M	1.02	5.1%
2023Q4	$509.1M	$27.3M	1.02	5.4%
2023Q3	$587.6M	$32.7M	1.22	5.6%
2023Q2	$574.2M	$33.8M	1.27	5.9%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/4/2026
8-K — Results of operations, Other events, Exhibits
SEC8/4/2026material
8-K — Executive/director change, Exhibits
SEC7/6/2026material
8-K — Results of operations, Other events, Exhibits
SEC5/28/2026material
10-K filing
SEC5/28/2026
8-K — Bylaw/charter change, Exhibits
SEC2/17/2026material
8-K — Results of operations, Other events, Exhibits
SEC2/4/2026material
10-Q filing
SEC2/4/2026
8-K — Other events, Exhibits
SEC1/26/2026material
8-K — Executive/director change, Exhibits
SEC1/8/2026material

2025

8-K — Results of operations, Other events
SEC11/6/2025material
10-Q filing
SEC11/6/2025
8-K — Shareholder vote results
SEC9/18/2025material
8-K — Reg FD disclosure
SEC9/15/2025material
8-K — Results of operations, Exhibits
SEC8/7/2025material
10-Q filing
SEC8/7/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.