TacticScaleWhat Insperity Does & How It Makes Money (NSP)
Updated October 2026 · reflects Insperity's latest reported financials
HR outsourcing provider (PEO) for small and midsize US businesses. It earns recurring fees from client businesses for its full-service PEO offering, which bundles HR, payroll, benefits and compliance support, plus its HR and payroll software platforms.
How Insperity makes money
It earns recurring fees from client businesses for its full-service PEO offering, which bundles HR, payroll, benefits and compliance support, plus its HR and payroll software platforms. It also sells add-on services such as talent acquisition, retirement plans, insurance and contractor management.
What Insperity does
Insperity, Inc. provides human resources and business solutions to small and medium-sized businesses, mainly in the United States. Its flagship offering is Insperity HR360, a full-service professional employer organization (PEO) solution that combines HR technology, compliance and strategic support. It also offers Insperity HRCore, a streamlined platform for payroll, compliance and workforce management, and Insperity HRScale, which pairs Insperity's HR expertise with Workday technology for growing businesses. Beyond its core platforms, Insperity offers talent acquisition, retirement and insurance services, contractor management, Perks+, integrated payroll, benefits administration, employee onboarding, time and attendance, and performance management. The company was founded in 1986 as Administaff, took the Insperity name in 2011, and is headquartered in Kingwood, Texas.
Products & services
- Insperity HR360 (full-service PEO)
- Insperity HRCore
- Insperity HRScale (with Workday)
- Payroll & benefits administration
- Talent acquisition, retirement & insurance services
- Perks+
What is Insperity worth?
On an owner-earnings DCF, Insperity's most-likely value is about $133 versus a recent price near $49 (173% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$68) with a margin of safety — so the honest verdict here is “Deeply discounted.” Fair value earns its keep only at the extremes, not in the wide middle.
On the financials alone, $49 is below even the no-growth floor ($68); the market's discount — expectations and sentiment beyond the numbers — is pricing in ≈ -4.0%/yr. A bargain only if that pessimism is overdone.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Related companies
Paychex (PAYX) · Automatic Data Processing (ADP) · ManpowerGroup (MAN) · Robert Half (RHI) · Paycom Software (PAYC)