# TrueBlue Inc. (TBI)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $205M  
**Price:** $6.87 (+4.89%)

> TrueBlue Inc. is a prominent provider of specialized workforce solutions, focusing on temporary staffing, recruitment process outsourcing, and on-site management services. The company's primary function is to facilitate efficient connections between businesses and skilled workers, offering flexible employment-based solutions tailored to meet specific client demands. TrueBlue's services are particularly relevant in industries such as manufacturing, warehousing, transportation, and retail, where there is often a high demand for temporary labor to manage fluctuating workloads. Headquartered in Tacoma, Washington, TrueBlue plays a significant role in the labor market by ensuring that enterprises can access a qualified workforce swiftly while supporting employment opportunities across North America and internationally. Its vast network and technological advancements in workforce services foster an agile response to the evolving needs of modern businesses, making it a vital player in the staffing industry.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.62B | $368M | -$47M | -$48M | $-1.61 |
| 2024 | $1.57B | $406M | -$93M | -$126M | $-4.17 |
| 2023 | $1.91B | $506M | -$24M | -$14M | $-0.45 |
| 2022 | $2.25B | $602M | $72M | $62M | $1.86 |
| 2021 | $2.17B | $560M | $68M | $62M | $1.74 |
| 2020 | $1.85B | $441M | -$175M | -$142M | $-4.01 |
| 2019 | $2.37B | $620M | $66M | $63M | $1.61 |
| 2018 | $2.50B | $655M | $74M | $66M | $1.63 |
| 2017 | $2.51B | $634M | $78M | $55M | $1.34 |
| 2017 | $2.75B | $680M | -$17M | -$15M | $-0.37 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $639M | $364M | $275M | $25M | $66M |
| 2024 | $675M | $360M | $315M | $23M | $8M |
| 2023 | $899M | $442M | $458M | $62M | — |
| 2022 | $1.02B | $523M | $496M | $72M | — |
| 2021 | $1.03B | $540M | $493M | $50M | — |
| 2020 | $981M | $543M | $437M | $63M | — |
| 2019 | $1.14B | $510M | $626M | $38M | $37M |
| 2018 | $1.11B | $523M | $591M | $47M | $80M |
| 2017 | $1.11B | $554M | $555M | $29M | $119M |
| 2017 | $1.13B | $605M | $525M | $35M | $138M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$58M | $16M | -$74M |
| 2024 | -$17M | $24M | -$41M |
| 2023 | $35M | $31M | $3M |
| 2022 | $121M | $31M | $90M |
| 2021 | $20M | $35M | -$15M |
| 2020 | $153M | $27M | $125M |
| 2019 | $94M | $28M | $65M |
| 2018 | $126M | $17M | $109M |
| 2017 | $100M | $22M | $78M |
| 2017 | $261M | $29M | $232M |
| 2015 | $72M | $18M | $54M |
| 2014 | $48M | $17M | $31M |
| 2013 | $86M | $13M | $73M |
| 2012 | $52M | $18M | $34M |
| 2011 | $31M | $10M | $21M |

Source: [CompaniesByCap](https://companiesbycap.com/company/TBI)