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TrueBlue, Inc. TBI R2K

Industrials · Staffing & Employment Services · United States
https://www.trueblue.com

TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleSolutions. The PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and energy industries. The PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehousing, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The PeopleSolutions segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform for sourcing, screening, and delivering a permanent workforce to its clients; talent advisory solutions, such as employer branding, recruitment marketing, talent insights, candidate assessment, and talent acquisition strategy consulting services; and contingent labor programs, including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company was incorporated in 1985 and is headquartered in Tacoma, Washington.

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$6.21
+3.50% 1Y

Market & Price

Market Cap
$188.81M
Current Price
$6.21
High / Low (52W)
$7.68 / $3.31
Beta
1.61

Valuation

Stock P/E
-
Industry PE
28.38
Forward P/E
9.96
PEG Ratio
4.86
Book Value
$8.43
Price to Book
0.74
P/S
0.11
EV/EBITDA
-34.74
Dividend Yield
-

Profitability & Returns

ROCE
-5.61%
ROE
-19.13%
ROA
-3.56%
Profit Margin
-3.25%
Op Margin
-3.56%
EPS (Latest Qtr)
$-0.66
EPS (TTM)
$-1.79

Balance Sheet & Liquidity

Debt/Equity
0.51
Quick Ratio
1.89
Current Ratio
2.09
Debt
$130.43M
Total Assets
$638.67M
Current Assets
$297.61M
Working Capital
$159.08M

Ownership

Promoter Holding
7.76%
Chg in Prom Hold
-
FII / Inst Holding
92.34%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$295.11M
Total Revenue (TTM)
$1.64B
EBITDA
$-8.49M
Free Cash Flow
$-33.82M
Operating Cash Flow
$-45.71M
Shares Outstanding
30.40M
Gross Margin
21.73%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-10.50%
Profit 5Y
-59.01%
Revenue (YoY)
7.60%
Earnings (YoY)
-

PROS

No notable strengths flagged.

CONS

  • Revenue declined at -10.5% CAGR over 5 years.
  • Earnings shrank at -59.0% CAGR over 5 years.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 TBI TrueBlue, Inc. R2K 6.21 - $188.81M - -5.61% -19.13% -10.50% -59.01%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
Ad space

Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Jan 2017Apr 2017Jul 2017Oct 2017Dec 2017Apr 2018Jul 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -------568.24M610.12M660.78M669.62M554.39M614.30M680.37M650.15M552.35M588.59M636.79M591.04M494.25M358.94M474.53M458.71M515.96M577.03M551.51M569.25M575.72M465.29M475.59M473.20M402.85M396.23M382.36M-370.25M396.30M431.27M418.18M398.57M
Cost of Revenue -----------------------------------283.91M302.74M333.37M328.13M319.55M
Gross Profit 151.97M168.87M185.00M150.51M169.92M178.40M180.89M139.43M155.28M172.02M167.75M143.27M165.58M184.32M172.43M146.69M156.68M167.74M150.34M126.16M83.22M110.46M110.57M136.47M146.50M139.84M158.53M155.92M123.11M130.49M124.17M99.39M104.42M100.04M-86.34M93.56M97.89M90.04M79.02M
Operating Expenses -----------------------------------100.47M96.31M98.04M101.10M93.21M
Operating Income 23.71M33.25M33.16M8.60M-76.83M27.75M23.48M6.41M18.24M29.28M23.64M7.42M21.28M28.35M16.88M8.76M20.89M29.19M7.34M-175.50M-21.23M12.71M6.21M18.94M21.33M11.99M29.25M24.09M-5.94M-6.56M-2.73M-15.51M-59.96M-6.90M--14.12M-2.74M-146.00K-11.06M-14.19M
EBITDA ------------------------------------7.31M4.76M7.20M-3.86M-7.32M
Interest Expense ----------------------------------------
Pretax Income ------------------------------------13.93M-38.00K-1.21M-30.46M-19.22M
Tax Provision -----------------------------------418.00K122.00K711.00K1.08M576.00K
Net Income 17.27M20.09M28.17M6.97M-63.73M23.43M18.09M4.67M13.13M21.22M16.43M8.76M17.73M24.38M14.89M8.28M19.41M26.68M8.71M-150.49M-8.17M8.79M6.90M15.88M18.64M10.52M24.01M20.70M-4.29M-7.32M-10.00K-1.70M-104.71M-7.63M--14.35M-160.00K-1.92M-31.54M-19.80M
Diluted EPS 0.420.480.670.17-1.530.560.430.110.310.510.400.220.440.610.370.210.490.680.23-4.04-0.230.250.200.450.530.300.720.63-0.13-0.240.00-0.05-3.45-0.26--0.48-0.01-0.06-1.05-0.66

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Jan 2017Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue --------2.75B2.51B2.50B2.37B1.85B-2.25B1.91B1.57B1.62B
Cost of Revenue --------------1.65B1.40B1.16B1.25B
Gross Profit 412.51M291.05M303.45M347.05M372.38M442.30M536.98M635.67M679.72M634.47M655.45M619.95M440.64M-602.14M506.06M406.39M367.84M
Operating Expenses --------------529.96M520.42M439.49M395.91M
Operating Income 2.62M11.83M28.26M47.83M53.04M59.58M81.73M97.84M-17.00M77.56M73.92M66.18M-174.88M-72.19M-14.37M-33.10M-28.07M
EBITDA --------------101.46M11.46M-3.54M784.00K
Interest Expense ------------------
Pretax Income --------------73.42M-20.64M-88.52M-45.63M
Tax Provision --------------11.14M-6.47M37.22M2.33M
Net Income -4.16M8.80M19.84M30.79M33.63M44.92M65.67M71.25M-15.25M55.46M65.75M63.07M-141.84M-62.27M-14.17M-125.75M-47.96M
Diluted EPS -0.100.200.460.730.841.111.591.71-0.371.341.631.61-4.011.741.86-0.45-4.17-

Compounded Sales Growth

5 Years:-10.50%
1 Year:7.60%

Compounded Profit Growth

5 Years:-59.01%
1 Year:-

Stock Price Performance

1 Year:+3.50%
6 Months:+23.46%
3 Months:+46.81%
1 Month:+26.22%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Jan 2017Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --518.13M546.47M560.77M601.74M719.46M1.07B1.26B1.13B1.11B1.11B1.14B980.58M-1.02B899.38M675.38M638.67M
Current Assets ---------------430.21M354.99M277.09M297.61M
Cash & Equivalents 57.01M108.10M124.38M163.15M109.31M129.51M122.00M19.67M29.78M34.97M28.78M46.99M37.61M62.51M-72.05M61.88M22.54M24.51M
Inventory -------------------
Receivables ---------------314.27M252.54M214.70M241.23M
Total Liabilities --232.70M233.76M267.19M268.07M326.10M597.34M723.87M605.27M554.18M523.40M510.18M543.39M-523.09M441.51M360.02M364.11M
Current Liabilities --84.83M85.92M112.29M113.56M121.41M187.23M227.98M251.13M212.42M225.53M230.81M268.97M-242.88M204.10M160.12M138.53M
Long Term Debt ------29.66M199.38M243.40M135.36M116.49M80.00M37.10M0---7.60M65.80M
Total Debt ---------------62.56M61.34M66.53M123.80M
Total Equity 283.83M270.13M285.43M312.71M293.58M333.67M393.36M469.33M535.57M525.18M554.85M591.44M625.97M437.19M-496.31M457.87M315.36M274.56M
Shares Outstanding ---------------32.73M31.25M29.59M29.99M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Jan 2017Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 92.44M33.60M41.97M30.59M52.32M86.07M47.52M72.07M260.70M100.13M125.69M93.53M152.53M-120.50M34.75M-17.06M-58.04M
Investing Cash Flow -25.43M-16.75M-3.40M-26.94M-26.15M-125.27M-318.44M-105.03M-123.94M-54.38M-20.52M-21.63M-34.41M--20.95M-32.32M-2.45M-16.06M
Financing Cash Flow -14.01M-1.21M-767.00K-57.22M-6.17M32.37M169.78M42.79M-115.12M-75.33M-75.02M-82.92M-92.50M--64.69M-37.58M-17.09M57.14M
Capital Expenditure -26.14M-13.15M-7.05M-9.71M-17.83M-13.00M-16.92M-18.39M-29.04M-21.96M-17.05M-28.12M-27.07M--30.63M-31.28M-24.15M-15.68M
Free Cash Flow 66.30M20.45M34.92M20.88M34.50M73.06M30.61M53.68M231.66M78.18M108.64M65.41M125.47M-89.88M3.48M-41.21M-73.72M
Net Change in Cash --------------34.87M-35.15M-36.60M-16.96M
Share Buybacks 16.00M0056.93M4.39M0005.75M36.68M34.82M38.83M52.35M16.68M60.94M34.18M21.29M0

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Jan 2017Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --------24.7%25.3%26.2%26.2%23.9%-26.7%26.5%25.9%22.8%
Operating Margin % ---------0.6%3.1%3.0%2.8%-9.5%-3.2%-0.8%-2.1%-1.7%
Net Margin % ---------0.6%2.2%2.6%2.7%-7.7%-2.8%-0.7%-8.0%-3.0%
ROE % -1.5%3.1%6.3%10.5%10.1%11.4%14.0%13.3%-2.9%10.0%11.1%10.1%-32.4%-12.5%-3.1%-39.9%-17.5%
ROCE % -2.7%6.1%10.7%10.9%10.0%9.3%9.5%-1.9%8.7%8.3%7.3%-24.6%-9.3%-2.1%-6.4%-5.6%

Shareholding Pattern

Insiders
7.76%
Institutions
92.34%
Public Float
100.10%

Top Institutional Holders

#Holder% HeldSharesValue
1 Boston Partners 10.75% 3.27M $20.29M
2 Pzena Investment Management LLC 9.44% 2.87M $17.83M
3 Blackrock Inc. 7.10% 2.16M $13.40M
4 Royce & Associates LP 6.95% 2.11M $13.12M
5 Charles Schwab Investment Management, Inc. 5.66% 1.72M $10.68M
6 Hotchkis & Wiley Capital Management, LLC 4.70% 1.43M $8.88M
7 Vanguard Capital Management LLC 4.09% 1.24M $7.72M
8 Azarias Capital Management, LP 3.30% 1.00M $6.22M
9 Dimensional Fund Advisors LP 3.22% 979.20K $6.08M
10 Russell Investments Group, Ltd. 2.76% 838.27K $5.21M

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