EPLUS INC (PLUS)

ePlus, Inc. engages in the provision of information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States. It operates through the Technology and Financing segments. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services, and advanced professional and managed services, including ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services. The Financing segment specializes in arrangements, such as direct financing, sales-type, and operating leases, loans and consumption-based financing arrangements, and underwriting and management of IT equipment and assets. Its financing operations consist of sales, pricing, credit, contracts, accounting, risk management, and asset management. This segment primarily finances IT equipment, communication-related equipment, and medical equipment, and industrial machinery equipment, office furniture and general office equipment, transportation equipment, and other general business equipment directly, as well as through vendors. The company was founded by Bruce M. Bowen in 1990 and is headquartered in Herndon, VA.

Address

13595 DULLES TECHNOLOGY DRIVE
HERNDON, VA 20171-3413

Founded

1990

Number of Employees

1,900

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$27,222 $1,511 $42,073 $8,260 $5,506 $5,125 $66 $201 $3,942 $9,815 $11,971 $10,518
Average Price $12.33 $20.66 $13.67 $37.86 $39.08 $36.34 $33.38 $33.60 $55.94 $52.29 $73.49 $18.40
# Shares Purchased 2,208,292 73,136 3,078,336 218,184 140,890 141,016 1,992 5,994 70,473 187,708 162,893 571,719
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 638.2% 340.5% 565.8% 140.4% 132.9% 150.4% 172.7% 170.8% 62.7% 74.0% 23.8% 394.7%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return 456.3% 167.6% 397.2% 10.6% 28.0% 57.3% 97.8% 139.2% 25.4% 42.7% 16.4% 300.7%
Quartile Rank
Percentile Rank 95% 87% 95% 77% 80% 83% 87% 96% 84% 93% 82% 97%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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