Benefitfocus (BNFT) Stock Price

Benefitfocus Price

Delisted

Over the last 11 years Benefitfocus grew revenue by 13.2% annually, reaching 263.10 M USD. For Benefitfocus, the net margin of -14.7% is up versus -21.2% a few years ago.

Benefitfocus stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Benefitfocus over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Benefitfocus stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Benefitfocus's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Benefitfocus Stock Price History
DateBenefitfocus Price
Access this data via the Eulerpool API

Benefitfocus Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
258.70 M USD
-39.70 M USD
-52.60 M USD
Jan 1, 2019
295.70 M USD
-24.00 M USD
-45.50 M USD
Jan 1, 2020
268.10 M USD
2.70 M USD
-28.00 M USD
Jan 1, 2021
263.10 M USD
2.52 M USD
-38.57 M USD
Jan 1, 2022 (e)
257.57 M USD
7.45 M USD
3.21 M USD
Jan 1, 2023 (e)
261.98 M USD
20.60 M USD
8.78 M USD
Jan 1, 2024 (e)
270.61 M USD
32.33 M USD
0.00 USD
Jan 1, 2025 (e)
269.68 M USD
59.47 M USD
11.14 M USD

Benefitfocus Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 25, 2026, 3:04 AM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2010201120122013201420152016201720182019202020212022e2023e2024e2025e
67.0068.0081.00104.00137.00185.00236.00236.00258.00295.00268.00263.00257.00261.00270.00269.00
1.4919.1228.4031.7335.0427.579.3214.34-9.15-1.87-2.281.563.45-0.37
41.7938.2445.6840.3836.5044.3247.8846.1950.0051.1951.4953.2353.2353.2353.2353.23
28.0026.0037.0042.0050.0082.00113.00109.00129.00151.00138.00140.00136.81138.94143.73143.19
-11.00-12.00-28.00-58.00-54.00-32.00-37.00-39.00-24.002.002.007.0020.0032.0059.00
-16.18-14.81-26.92-42.34-29.19-13.56-15.68-15.12-8.140.750.762.727.6611.8521.93
-2.00-15.00-14.00-30.00-63.00-62.00-40.00-50.00-52.00-45.00-28.00-38.003.008.0011.00
650.00-6.67114.29110.00-1.59-35.4825.004.00-13.46-37.7835.71-107.89166.67
24.5024.5024.5024.5025.2028.3029.6031.1031.8032.5032.3033.0933.0933.0933.0933.09
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Benefitfocus generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Benefitfocus retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Benefitfocus's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Benefitfocus has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Benefitfocus's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Benefitfocus stock margins

The Benefitfocus margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Benefitfocus. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Benefitfocus.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
46.24 %
-16.01 %
-21.24 %
Jan 1, 2018
50.02 %
-15.35 %
-20.33 %
Jan 1, 2019
51.27 %
-8.12 %
-15.39 %
Jan 1, 2020
51.77 %
1.01 %
-10.44 %
Jan 1, 2021
53.36 %
0.96 %
-14.66 %
Jan 1, 2022 (e)
53.36 %
2.89 %
1.24 %
Jan 1, 2023 (e)
53.36 %
7.86 %
3.35 %
Jan 1, 2024 (e)
53.36 %
11.95 %
0.00 %

Benefitfocus Stock Revenue, EBIT, Earnings per Share

The Benefitfocus earnings per share therefore indicates how much revenue Benefitfocus has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
7.61 USD
-1.22 USD
-1.62 USD
Jan 1, 2018
8.14 USD
-1.25 USD
-1.65 USD
Jan 1, 2019
9.10 USD
-0.74 USD
-1.40 USD
Jan 1, 2020
8.30 USD
0.08 USD
-0.87 USD
Jan 1, 2021
7.95 USD
0.08 USD
-1.17 USD
Jan 1, 2022 (e)
7.78 USD
0.23 USD
0.10 USD
Jan 1, 2023 (e)
7.92 USD
0.62 USD
0.27 USD
Jan 1, 2024 (e)
8.18 USD
0.98 USD
0.00 USD

Benefitfocus business model & stock analysis

Benefitfocus Inc is a US-based company that provides a cloud-based platform for employee benefits and insurance. The company was founded in 2000 by Shawn Jenkins and originally focused on digital music and video content before shifting to the employer benefits sector. The business model of Benefitfocus is based on the idea that employees can lose track of their various benefits and insurance, especially when working for multiple employers. The platform aims to enable employers to provide easy access to their benefits for their employees. Benefitfocus also offers analysis and reporting tools to help companies better understand the usage of their benefits and the needs of their employees. The products offered by Benefitfocus are divided into different categories. The first category focuses on human capital management systems, providing a comprehensive overview of employee benefits such as salary, vacation and sick days, retirement and pension plans. These functions are essential for personnel management. The second category deals with insurance plans, covering areas such as healthcare, dental care, vision, life, short-term and long-term disability, and more. The products in this category aim to simplify the decision-making process for employees when choosing the right insurance. The third category focuses on health and wellness programs. One of these solutions is a well-being program, which aims to help employees lead healthier lives by providing them with tools and motivation to quit smoking, manage stress better, and be physically active. This can contribute to improving the overall well-being and quality of life of employees, which in turn can have a positive impact on their productivity in the workplace. Benefitfocus has been highly successful in the US and serves a variety of large companies such as Wal-Mart. The company also has an international branch in the UK and is working towards further expansion. Benefitfocus has established itself as a provider of effective solutions for employers and employees and is a key player in the employer benefits sector.

Benefitfocus SWOT Analysis

Strengths

Benefitfocus Inc has several strengths that contribute to its success in the market. Firstly, the company offers a comprehensive cloud-based benefits management platform, which allows employers to easily manage and administer their employee benefits programs. This technology-driven solution enhances efficiency and streamlines processes for businesses, ultimately saving them time and money. Secondly, Benefitfocus Inc boasts a large and diverse customer base, comprising of both small and large organizations across various industries. This extensive reach increases the company's market share and provides stability through a wide range of clients. Lastly, the company has a dedicated and experienced team of professionals who excel in providing exceptional customer support. This commitment to service fosters strong relationships with clients and enhances overall customer satisfaction.

Weaknesses

Despite its strengths, Benefitfocus Inc also faces certain weaknesses. One major weakness is potential overreliance on a single product line, as the company primarily focuses on benefits management software. This concentration poses a risk if market demands shift or if competitors introduce more innovative solutions. Additionally, Benefitfocus Inc may struggle with the challenge of rapidly evolving technology. As advancements continue, the company needs to invest in research and development to ensure its offerings remain competitive and up-to-date. Lastly, the company's support services, although generally strong, may occasionally face limitations due to the growing customer base. Scaling the support infrastructure efficiently is crucial to maintain high-quality assistance for all clients.

Opportunities

Benefitfocus Inc has several opportunities for growth and expansion. The increasing adoption of cloud-based solutions presents a significant market opportunity for the company. As more organizations recognize the benefits of such platforms, Benefitfocus Inc can further establish itself as a leader in the industry. Furthermore, the company can explore potential partnerships with insurance providers and other industry stakeholders. By collaborating with key players, Benefitfocus Inc can enhance its product offerings and enter new markets, creating mutually beneficial business relationships. Lastly, expanding into international markets offers the opportunity to tap into a larger customer base and diversify revenue streams. By adapting its platform to local regulations and requirements, Benefitfocus Inc can successfully expand its global presence.

Threats

Benefitfocus Inc faces some threats that could impact its business. A notable threat is intense competition in the benefits management software market. This industry is highly competitive, with numerous established players and startups continually entering the market. To stay ahead, Benefitfocus Inc must differentiate itself by continuously innovating and providing superior features and functionalities. Another potential threat is the risk of cybersecurity breaches. As a cloud-based platform that handles sensitive employee data, it is crucial for Benefitfocus Inc to remain vigilant and invest in robust security measures to protect against data breaches and unauthorized access. Additionally, regulatory changes and compliance requirements pose a threat to the company. Benefitfocus Inc must stay up-to-date with evolving regulations and ensure its platform remains compliant to avoid potential penalties and reputational damage.

Benefitfocus Segments

Benefitfocus Revenue by Segment (1/3)

  • 3 Years

  • 5 Years

  • Max

Software services
Professional services
Details
Date
Software services
Subscription
Professional services
Refers to cloud-based benefits management platform
Jan 1, 2013
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2014
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2015
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
202.35 M USD
0.00 USD
56.37 M USD
0.00 USD

Benefitfocus Revenue by Segment (2/3)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Employer Group
Carrier Services
Details
Date
Employer Group
Carrier Services
Jan 1, 2013
40.66 M USD
64.10 M USD
Jan 1, 2014
62.02 M USD
75.40 M USD
Jan 1, 2015
94.84 M USD
90.30 M USD
Jan 1, 2016
140.52 M USD
92.81 M USD
Jan 1, 2017
0.00 USD
92.76 M USD
Jan 1, 2018
0.00 USD
88.92 M USD

Benefitfocus Revenue by Segment (3/3)

  • 3 Years

  • 5 Years

  • Max

Employer group
Details
Date
Employer group
Jan 1, 2013
0.00 USD
Jan 1, 2014
0.00 USD
Jan 1, 2015
0.00 USD
Jan 1, 2016
0.00 USD
Jan 1, 2017
163.98 M USD
Jan 1, 2018
169.80 M USD

Benefitfocus Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Benefitfocus historical P/E ratio, EBIT multiple, and P/S ratio

Benefitfocus annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Benefitfocus shares outstanding

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
31.10 M Stocks
Jan 1, 2018
31.80 M Stocks
Jan 1, 2019
32.50 M Stocks
Jan 1, 2020
32.30 M Stocks
Jan 1, 2021
33.09 M Stocks
Jan 1, 2022 (e)
33.09 M Stocks
Jan 1, 2023 (e)
33.09 M Stocks
Jan 1, 2024 (e)
33.09 M Stocks
Price targets and forecasts for Benefitfocus are not yet available.

Benefitfocus Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
11/6/2023-0.05USD58.63 MUSD2023 Q3
8/1/2023-0.07USD58.79 MUSD2023 Q2
5/1/2023-0.01USD62.25 MUSD2023 Q1
2/27/20230.31USD79.85 MUSD2022 Q4
11/7/2022-0.15USD56.88 MUSD2022 Q3
8/3/2022-0.16USD57.38 MUSD2022 Q2
5/3/2022-0.11USD61.65 MUSD2022 Q1
3/1/20220.07USD71.06 MUSD2021 Q4
11/3/2021-0.23USD59.92 MUSD2021 Q3
8/3/2021-0.13USD60.11 MUSD2021 Q2

Benefitfocus shareholder structure

% Name
11.97748%
Indaba Capital Management, L.P.
Indaba Capital Management, L.P.
9.89077%
Archon Capital Management LLC
Archon Capital Management LLC
8.28452%
Holland (Mason R Jr)
Holland (Mason R Jr)
5.43861%
Lynrock Lake LP
Lynrock Lake LP
5.40490%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
5.34642%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
...

Benefitfocus Executives and Management Board

ML

Mr. Matthew Levin

(48)

President, Chief Executive Officer, Director · since 2021

Compensation8.10 M USD
SS

Mr. Stephen Swad

(60)

Director · since 2013

Compensation3.97 M USD
AW

Ms. Alpana Wegner

(49)

Chief Financial Officer, Treasurer

Compensation2.54 M USD
CR

Ms. Coretha Rushing

(66)

Independent Director

Compensation344,178.00 USD
DD

Mr. Douglas Dennerline

(63)

Independent Chairman of the Board

Compensation215,019.00 USD

Frequently asked questions about Benefitfocus

The business model of Benefitfocus Inc revolves around providing cloud-based technology solutions for the management of employee benefits. The company offers a comprehensive platform that enables employers to streamline and simplify the administration of benefits, including health insurance, retirement plans, and voluntary benefits. Benefitfocus Inc aims to improve efficiency, enhance employee engagement, and ensure compliance with regulations. Through their software and services, they cater to both employers and insurance carriers, empowering them to optimize the benefits experience for their workforce. Benefitfocus Inc's innovative solutions and partnerships contribute to driving value and facilitating seamless benefits management in today's dynamic workplace environment.

All fundamentals and in-depth analysis of Benefitfocus

Our stock analysis for Benefitfocus stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Benefitfocus. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.