ePlus inc.

NasdaqGS:PLUS Stock Report

Market Cap: US$2.3b

ePlus Management

Management criteria checks 4/4

ePlus' CEO is Mark Marron, appointed in Aug 2016, has a tenure of 9.92 years. total yearly compensation is $6.41M, comprised of 15.2% salary and 84.8% bonuses, including company stock and options. directly owns 0.87% of the company’s shares, worth $20.35M. The average tenure of the management team and the board of directors is 8.2 years and 7.7 years respectively.

Key information

Mark Marron

Chief executive officer

US$6.4m

Total compensation

CEO salary percentage15.22%
CEO tenure9.9yrs
CEO ownership0.9%
Management average tenure8.2yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

Narrative Update Jun 16

PLUS: AI And Managed Services Expansion Will Support Future Upside Potential

Analysts have kept their fair value estimate for ePlus steady at $111. Only minor tweaks to discount rate, revenue growth, profit margin and future P/E assumptions did not materially change their overall valuation view.
Narrative Update Jun 02

PLUS: AI And Managed Services Shift Will Drive Future Upside Potential

Analysts have trimmed their price target for ePlus from $115 to $111 as they update assumptions around slightly lower revenue growth, modestly softer profit margins, and a reduced future P/E of 25.26x, all under a marginally higher discount rate. What's in the News ePlus reported record fiscal 2026 gross billings with double digit growth across key revenue and operating metrics, while reallocating focus toward IT services such as professional and managed services.
Seeking Alpha May 31

ePlus: Take Note Of High Growth Concentration

Summary ePlus inc. ended FY2026 on a strong note. Fourth quarter revenues grew well, which ePlus managed to turn into increased earnings. AI seems to be a tailwind on PLUS's growth going forward, as customers are investing in AI capabilities. There's reason to be cautious. PLUS's FY2026 growth seems to have been achieved due to a few outsized projects, which may not be replicated. I estimate PLUS stock to have 18% upside to $96.7, representing a fair margin of safety. Read the full article on Seeking Alpha
Narrative Update May 08

PLUS: Memory Optimization Efforts Will Drive Future Upside Potential

Analysts have nudged their price target on ePlus to $115, reflecting updated assumptions around the company’s discount rate and future P/E, while keeping fair value broadly aligned with prior estimates. What's in the News ePlus launched a Memory Optimization and Reclamation Assessment designed to help organizations evaluate workloads, identify overprovisioned or idle resources, and right-size existing memory capacity as supply chain challenges affect access to memory chips.
Narrative Update Apr 17

PLUS: Memory Optimization Initiatives And Buybacks Will Drive Future Upside Potential

Analysts have maintained their fair value estimate for ePlus at $115, making only small adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions, which together support an unchanged overall price target. What's in the News ePlus launched a Memory Optimization and Reclamation Assessment to help organizations evaluate workloads, reclaim idle or over-provisioned memory, and right size existing capacity amid reported supply constraints and price pressure in the broader memory market driven by AI infrastructure demand (Key Developments).
Narrative Update Apr 03

PLUS: Raised Guidance And Buybacks Will Drive Future Upside Potential

Analysts now set their price target for ePlus at $115, down from $126. This reflects updated assumptions for slightly lower revenue growth and profit margins, along with a modestly higher future P/E multiple.
Narrative Update Mar 18

PLUS: Raised Guidance And Buybacks Will Support Future Upside Potential

Analysts have kept their fair value estimate for ePlus steady at $126. This is supported by largely unchanged assumptions around discount rate, revenue growth, profit margin, and future P/E, leading to no shift in the overall price target narrative.
Narrative Update Mar 04

PLUS: Raised Guidance And Buybacks Will Support Future Earnings Upside

Analysts have maintained their fair value estimate for ePlus at $126.00, making only marginal adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions. This indicates that their overall view on the stock’s potential remains broadly unchanged.
Narrative Update Feb 17

PLUS: Raised Guidance And Buybacks Will Support Higher Margins And Returns

Analysts have raised their price target for ePlus from $108 to $126, citing updated assumptions for revenue growth, profit margins, and a lower assumed future P/E multiple as the key drivers of the change. What's in the News From October 1, 2025 to December 31, 2025, ePlus repurchased 212,900 shares, representing 0.81% of outstanding shares, for a total of US$16.61 million under its existing buyback program (company disclosure).
Narrative Update Feb 03

PLUS: Raised Guidance And Buybacks Will Support Margin Upside Ahead

Analysts held their fair value estimate for ePlus at $108, with only minimal tweaks to assumptions such as discount rate, revenue growth, profit margin, and future P/E. This reflects a view that the stock's overall valuation framework remains broadly consistent with prior expectations.
Narrative Update Nov 23

PLUS: Expanded Service Support Will Drive Margin Upside In Coming Years

Narrative Update: ePlus Analyst Price Target Revised Analysts have maintained the fair value estimate for ePlus at $108.00. Improved profit margin projections have balanced out a somewhat lower forward price-to-earnings ratio in their updated assessment.
Analysis Article Nov 11

ePlus inc.'s (NASDAQ:PLUS) 27% Price Boost Is Out Of Tune With Earnings

ePlus inc. ( NASDAQ:PLUS ) shares have had a really impressive month, gaining 27% after a shaky period beforehand. The...
Narrative Update Nov 08

PLUS: Accelerating Managed Services Expansion Will Strengthen Margins And Drive Upside

Analysts have raised their price target for ePlus from $92 to $108. They cite improved revenue growth expectations, higher projected profit margins, and a slightly lower future price-to-earnings ratio as key factors behind the increase.
Analysis Article Jul 30

Unpleasant Surprises Could Be In Store For ePlus inc.'s (NASDAQ:PLUS) Shares

There wouldn't be many who think ePlus inc.'s ( NASDAQ:PLUS ) price-to-earnings (or "P/E") ratio of 16.7x is worth a...
Analysis Article Jul 12

ePlus (NASDAQ:PLUS) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 29

Investors Can Find Comfort In ePlus' (NASDAQ:PLUS) Earnings Quality

ePlus inc.'s ( NASDAQ:PLUS ) stock was strong despite it releasing a soft earnings report last week. Our analysis...
Analysis Article May 14

At US$66.90, Is It Time To Put ePlus inc. (NASDAQ:PLUS) On Your Watch List?

ePlus inc. ( NASDAQ:PLUS ), might not be a large cap stock, but it saw a significant share price rise of 22% in the...
Analysis Article Apr 24

Risks To Shareholder Returns Are Elevated At These Prices For ePlus inc. (NASDAQ:PLUS)

There wouldn't be many who think ePlus inc.'s ( NASDAQ:PLUS ) price-to-earnings (or "P/E") ratio of 15.3x is worth a...
Analysis Article Apr 04

Returns On Capital Signal Tricky Times Ahead For ePlus (NASDAQ:PLUS)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article Jan 29

ePlus (NASDAQ:PLUS) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jan 09

Shareholders Should Be Pleased With ePlus inc.'s (NASDAQ:PLUS) Price

It's not a stretch to say that ePlus inc.'s ( NASDAQ:PLUS ) price-to-earnings (or "P/E") ratio of 18.7x right now seems...
Analysis Article Dec 20

There Are Reasons To Feel Uneasy About ePlus' (NASDAQ:PLUS) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article Dec 02

Is Now An Opportune Moment To Examine ePlus inc. (NASDAQ:PLUS)?

ePlus inc. ( NASDAQ:PLUS ), is not the largest company out there, but it received a lot of attention from a substantial...
Analysis Article Nov 01

A Look At The Fair Value Of ePlus inc. (NASDAQ:PLUS)

Key Insights Using the 2 Stage Free Cash Flow to Equity, ePlus fair value estimate is US$91.64 Current share price of...
Analysis Article Sep 27

ePlus inc.'s (NASDAQ:PLUS) P/E Is On The Mark

With a price-to-earnings (or "P/E") ratio of 23.9x ePlus inc. ( NASDAQ:PLUS ) may be sending bearish signals at the...
Analysis Article Sep 12

Is ePlus (NASDAQ:PLUS) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
User avatar
New Narrative Sep 10

Leveraging AI And Cloud For Sustainable Growth Amidst Financial Flourishing

Shift towards predictable revenue through managed/professional services and strategic investments in AI and cloud technology enhances market position.
Seeking Alpha Aug 19

ePlus Is Not Undervalued And Faces Uncertainties

Summary ePlus Inc. is an IT solutions provider serving both businesses and government agencies. ePlus is currently experiencing negative revenue growth. Profit margins are slowly declining. The current valuation of ePlus is near its all-time high. Read the full article on Seeking Alpha
Analysis Article Aug 15

Investors Can Find Comfort In ePlus' (NASDAQ:PLUS) Earnings Quality

The market was pleased with the recent earnings report from ePlus inc. ( NASDAQ:PLUS ), despite the profit numbers...
Analysis Article Aug 09

ePlus inc. (NASDAQ:PLUS) Analysts Are Pretty Bullish On The Stock After Recent Results

The first-quarter results for ePlus inc. ( NASDAQ:PLUS ) were released last week, making it a good time to revisit its...
Analysis Article Jul 25

Is Now An Opportune Moment To Examine ePlus inc. (NASDAQ:PLUS)?

ePlus inc. ( NASDAQ:PLUS ), is not the largest company out there, but it saw a double-digit share price rise of over...

CEO Compensation Analysis

How has Mark Marron's remuneration changed compared to ePlus's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$124m

Dec 31 2025n/an/a

US$148m

Sep 30 2025n/an/a

US$129m

Jun 30 2025n/an/a

US$111m

Mar 31 2025US$6mUS$975k

US$76m

Dec 31 2024n/an/a

US$81m

Sep 30 2024n/an/a

US$93m

Jun 30 2024n/an/a

US$106m

Mar 31 2024US$6mUS$925k

US$97m

Dec 31 2023n/an/a

US$127m

Sep 30 2023n/an/a

US$135m

Jun 30 2023n/an/a

US$131m

Mar 31 2023US$4mUS$917k

US$119m

Dec 31 2022n/an/a

US$111m

Sep 30 2022n/an/a

US$101m

Jun 30 2022n/an/a

US$104m

Mar 31 2022US$5mUS$846k

US$106m

Dec 31 2021n/an/a

US$97m

Sep 30 2021n/an/a

US$92m

Jun 30 2021n/an/a

US$81m

Mar 31 2021US$4mUS$800k

US$74m

Dec 31 2020n/an/a

US$72m

Sep 30 2020n/an/a

US$70m

Jun 30 2020n/an/a

US$70m

Mar 31 2020US$4mUS$800k

US$69m

Compensation vs Market: Mark's total compensation ($USD6.41M) is about average for companies of similar size in the US market ($USD5.18M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


CEO

Mark Marron (64 yo)

9.9yrs
Tenure
US$6,407,550
Compensation

Mr. Mark P. Marron serves as President and Chief Executive Officer at ePlus Inc. since August 1, 2016 and has been its Director since November 14, 2018. Mr. Marron began his career at ePlus Technology, Inc...


Leadership Team

NamePositionTenureCompensationOwnership
Mark Marron
CEO, President & Director9.9yrsUS$6.41m0.87%
$ 20.3m
Darren Raiguel
President & COO8.2yrsUS$3.61m0.41%
$ 9.6m
Elaine Marion
Chief Financial Officer17.8yrsUS$3.56m0.50%
$ 11.6m
David Mellor
Chief Information Officerless than a yearno datano data
Erica Stoecker
Chief Compliance Officer25.3yrsno data0.029%
$ 665.7k
Kleyton Parkhurst
Senior VP of Corporate Development & Assistant Secretary24.8yrsUS$424.16kno data
John Bengivenni
Executive Vice President of Sales3.3yrsno datano data
Dori White
Senior Vice President of Marketingless than a yearno datano data
Jenifer Pape
Vice President of Human Resources3.8yrsno datano data
Dan Farrell
Senior Vice President of Servicesno datano datano data
Kenneth Farber
President of Strategyno datano datano data
Amanda Dupree
Associate General Counselno datano datano data
8.2yrs
Average Tenure
63yo
Average Age

Experienced Management: PLUS's management team is seasoned and experienced (8.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Marron
CEO, President & Director7.7yrsUS$6.41m0.87%
$ 20.3m
Bruce Bowen
Independent Director36.5yrsUS$191.18k0.10%
$ 2.3m
Melissa Ballenger
Independent Director1.5yrsUS$99.04k0.0097%
$ 227.3k
Renee Bergeron
Independent Director3.8yrsUS$198.07k0.022%
$ 519.6k
John Callies
Independent Director16yrsUS$205.06k0.082%
$ 1.9m
Ira Hunt
Independent Director11.8yrsUS$191.18k0.11%
$ 2.5m
Maureen Morrison
Independent Chair8.1yrsUS$225.49k0.053%
$ 1.2m
John Lutz
Independent Directorno datano datano data
Michael Portegello
Independent Directorless than a yearno data0.0034%
$ 80.4k
7.7yrs
Average Tenure
70yo
Average Age

Experienced Board: PLUS's board of directors are considered experienced (7.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/14 04:26
End of Day Share Price 2026/07/14 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ePlus inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Samuel EnglandBerenberg
Matthew RamsayCanaccord Genuity
Gregory BurnsSidoti & Company, LLC