(TBI) TrueBlue - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US89785X1019

Staffing, Recruitment, Outsourcing, Workforce, Contingent

TBI EPS (Earnings per Share)

EPS (Earnings per Share) of TBI over the last years for every Quarter: "2020-09": 0.24, "2020-12": 0.33, "2021-03": 0.25, "2021-06": 0.47, "2021-09": 0.59, "2021-12": 0.69, "2022-03": 0.44, "2022-06": 0.82, "2022-09": 0.75, "2022-12": 0.43, "2023-03": -0.06, "2023-06": 0.17, "2023-09": 0.16, "2023-12": 0.08, "2024-03": 0.03, "2024-06": -0.35, "2024-09": -0.11, "2024-12": -0.02, "2025-03": -0.4, "2025-06": -0.07, "2025-09": 0,

TBI Revenue

Revenue of TBI over the last years for every Quarter: 2020-09: 474.53, 2020-12: 518.634, 2021-03: 458.706, 2021-06: 515.955, 2021-09: 577.031, 2021-12: 621.93, 2022-03: 551.515, 2022-06: 569.253, 2022-09: 575.721, 2022-12: 557.695, 2023-03: 465.288, 2023-06: 475.588, 2023-09: 473.196, 2023-12: 492.171, 2024-03: 402.853, 2024-06: 396.23, 2024-09: 382.357, 2024-12: 385.953, 2025-03: 370.254, 2025-06: 396.299, 2025-09: null,

Description: TBI TrueBlue October 29, 2025

TrueBlue, Inc. (NYSE:TBI) delivers workforce-solution services across the United States, Canada, the United Kingdom, Australia, and Puerto Rico through three operating segments: PeopleReady, PeopleManagement, and PeopleScout.

PeopleReady, the largest segment, supplies general, industrial, and skilled-trade contingent labor to construction, transportation, manufacturing, retail, hospitality, and energy firms, and historically generates roughly 70 % of the company’s revenue.

PeopleManagement focuses on on-site industrial staffing and commercial-driver services, operating under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands; it targets manufacturing, warehousing, distribution, and transportation customers that require managed labor pools.

PeopleScout offers recruitment-process outsourcing, talent-advisory, and managed-service-provider solutions, including the Affinix technology platform, employer-branding services, and compliance-monitoring programs for contingent-labor programs.

Key financial and market context (FY 2023): revenue of approximately $1.1 billion, adjusted EBITDA margin near 7 %, and a 4 % YoY increase in PeopleReady billings, driven by a sustained construction hiring boom and persistent labor-shortage pressures that favor contingent staffing models.

Sector-level drivers include a low-unemployment environment, rising wage inflation, and a projected 10 % CAGR growth in the U.S. recruitment-process-outsourcing market, all of which create tailwinds for TrueBlue’s diversified service lines.

For a deeper, data-driven view of TrueBlue’s valuation metrics, you might explore the analyst dashboards on ValueRay.

TBI Stock Overview

Market Cap in USD 145m
Sub-Industry Human Resource & Employment Services
IPO / Inception 1996-06-13

TBI Stock Ratings

Growth Rating -78.0%
Fundamental 15.5%
Dividend Rating -
Return 12m vs S&P 500 -46.7%
Analyst Rating 4.0 of 5

TBI Dividends

Currently no dividends paid

TBI Growth Ratios

Growth Correlation 3m -55.3%
Growth Correlation 12m -50.8%
Growth Correlation 5y -91.4%
CAGR 5y -38.67%
CAGR/Max DD 3y (Calmar Ratio) -0.47
CAGR/Mean DD 3y (Pain Ratio) -0.82
Sharpe Ratio 12m -0.59
Alpha -58.12
Beta 1.541
Volatility 71.23%
Current Volume 195.5k
Average Volume 20d 261.8k
Stop Loss 4.6 (-6.3%)
Signal 1.30

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income (-33.8m TTM) > 0 and > 6% of Revenue (6% = 92.1m TTM)
FCFTA -0.08 (>2.0%) and ΔFCFTA -3.85pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 9.04% (prev 8.08%; Δ 0.96pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.05 (>3.0%) and CFO -34.9m <= Net Income -33.8m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 1.94 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (29.9m) change vs 12m ago -1.62% (target <= -2.0% for YES)
Gross Margin 24.47% (prev 24.97%; Δ -0.51pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 219.8% (prev 243.8%; Δ -23.99pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -9.04 (EBITDA TTM -12.8m / Interest Expense TTM 3.74m) >= 6 (WARN >= 3)

Altman Z'' 3.48

(A) 0.21 = (Total Current Assets 286.9m - Total Current Liabilities 148.1m) / Total Assets 672.8m
(B) 0.49 = Retained Earnings (Balance) 326.8m / Total Assets 672.8m
(C) -0.05 = EBIT TTM -33.8m / Avg Total Assets 698.2m
(D) 0.83 = Book Value of Equity 305.2m / Total Liabilities 367.6m
Total Rating: 3.48 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 15.45

1. Piotroski 1.0pt = -4.0
2. FCF Yield -23.49% = -5.0
3. FCF Margin -3.56% = -1.34
4. Debt/Equity 0.36 = 2.44
5. Debt/Ebitda -6.91 = -2.50
6. ROIC - WACC (= -13.36)% = -12.50
7. RoE -10.83% = -1.81
8. Rev. Trend -91.14% = -6.84
9. EPS Trend -60.23% = -3.01

What is the price of TBI shares?

As of November 08, 2025, the stock is trading at USD 4.91 with a total of 195,500 shares traded.
Over the past week, the price has changed by +3.59%, over one month by -17.34%, over three months by -18.98% and over the past year by -39.23%.

Is TrueBlue a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, TrueBlue (NYSE:TBI) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 15.45 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TBI is around 3.04 USD . This means that TBI is currently overvalued and has a potential downside of -38.09%.

Is TBI a buy, sell or hold?

TrueBlue has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy TBI.
  • Strong Buy: 1
  • Buy: 1
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the TBI price?

Issuer Target Up/Down from current
Wallstreet Target Price 8.7 76.6%
Analysts Target Price 8.7 76.6%
ValueRay Target Price 3.3 -32.2%

TBI Fundamental Data Overview November 01, 2025

Market Cap USD = 144.7m (144.7m USD * 1.0 USD.USD)
P/E Forward = 56.1798
P/S = 0.0943
P/B = 0.5506
P/EG = 4.0048
Beta = 1.541
Revenue TTM = 1.53b USD
EBIT TTM = -33.8m USD
EBITDA TTM = -12.8m USD
Long Term Debt = 53.8m USD (from longTermDebt, last quarter)
Short Term Debt = 11.0m USD (from shortTermDebt, last quarter)
Debt = 110.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 88.2m USD (from netDebt column, last quarter)
Enterprise Value = 232.9m USD (144.7m + Debt 110.1m - CCE 21.9m)
Interest Coverage Ratio = -9.04 (Ebit TTM -33.8m / Interest Expense TTM 3.74m)
FCF Yield = -23.49% (FCF TTM -54.7m / Enterprise Value 232.9m)
FCF Margin = -3.56% (FCF TTM -54.7m / Revenue TTM 1.53b)
Net Margin = -2.21% (Net Income TTM -33.8m / Revenue TTM 1.53b)
Gross Margin = 24.47% ((Revenue TTM 1.53b - Cost of Revenue TTM 1.16b) / Revenue TTM)
Gross Margin QoQ = 23.61% (prev 23.32%)
Tobins Q-Ratio = 0.35 (Enterprise Value 232.9m / Total Assets 672.8m)
Interest Expense / Debt = 2.64% (Interest Expense 2.90m / Debt 110.1m)
Taxrate = -321.1% (out of range, set to none) (122.0k / -38.0k)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 1.94 (Total Current Assets 286.9m / Total Current Liabilities 148.1m)
Debt / Equity = 0.36 (Debt 110.1m / totalStockholderEquity, last quarter 305.2m)
Debt / EBITDA = -6.91 (negative EBITDA) (Net Debt 88.2m / EBITDA -12.8m)
Debt / FCF = -1.61 (negative FCF - burning cash) (Net Debt 88.2m / FCF TTM -54.7m)
Total Stockholder Equity = 312.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.03% (Net Income -33.8m / Total Assets 672.8m)
RoE = -10.83% (Net Income TTM -33.8m / Total Stockholder Equity 312.5m)
RoCE = -9.22% (EBIT -33.8m / Capital Employed (Equity 312.5m + L.T.Debt 53.8m))
RoIC = -6.72% (negative operating profit) (EBIT -33.8m / (Assets 672.8m - Curr.Liab 148.1m - Cash 21.9m))
WACC = 6.64% (E(144.7m)/V(254.8m) * Re(11.69%) + (debt cost/tax rate unavailable))
Discount Rate = 11.69% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.99%
Fair Price DCF = unknown (Cash Flow -54.7m)
EPS Correlation: -60.23 | EPS CAGR: -22.98% | SUE: -0.08 | # QB: 0
Revenue Correlation: -91.14 | Revenue CAGR: -12.70% | SUE: -0.30 | # QB: 0

Additional Sources for TBI Stock

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