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Price from Oct 29, 2026Financials updated Oct 22, 2026
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TBI · Price history
Price at last available close
$9.72
+$0.40 (+4.29%) 1M
2026-10-28
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Primary reporting period: 2025-12-28 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
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.
How they make money
TrueBlue provides specialized workforce solutions by connecting workers with clients through a digital marketplace and staffing services. The company generates revenue primarily through service fees for temporary staffing, recruitment process outsourcing, and talent management solutions, with pricing influenced by geography, job type, and service scope.
Products & services
Workforce solutions including on-demand temporary staffing, recruitment process outsourcing (RPO), and managed services for skilled trades, drivers, and general labor.
Brands & revenue mix
PeopleReady
Core brand for on-demand and temporary staffing.
Separate brand revenue is not available in this research.Source
PeopleManagement
Brand focused on onsite workforce management.
Separate brand revenue is not available in this research.Source
PeopleSolutions
Brand focused on RPO and talent consulting.
Separate brand revenue is not available in this research.Source
Centerline
Specialized brand for driver staffing solutions.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
The ten largest clients accounted for 26.2% of total revenue for fiscal 2025. No single client represented more than 10.0% of total company revenue for fiscal 2025.
Suppliers, materials & equipment
Technology and software service providers — Providers of proprietary technology platforms such as JobStack, Affinix, and Stafftrack used for recruiting and workforce management.Source
Strengths
Extensive national footprint and talent networkSource
Proprietary technology platforms including JobStack and AffinixSource
Risks
Cyclical and seasonal nature of the staffing industrySource
Dependence on economic conditions and client demandSource
Overall investment score · Quality, value, risk and opportunity
19
Poor
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
17
Poor
Financial Strength
33
Business Quality / Moat
5
Management
0
Growth Quality
30
Risk / Durability
10
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
40
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
44/100
Building Historical Record
Model Score 44/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
What we like
•Insider activity signal is favorable
•Recent buyback activity is present
What to watch
•Elevated debt risk
•Valuation is a weaker part of the current profile
•Revenue fundamentals are weak
•Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for TBI
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•Can TBI maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
•How long can TBI fund negative free cash flow using its current cash position before it may need more debt or new shares?
•Is TBI's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•What specifically needs to improve for TBI to reach sustainable profitability?
•What future growth or profitability would be needed to justify TBI's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for TBI
Detected from reported data — verify before acting.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Elevated debt risk
Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on TBI.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Extensive national footprint and talent network.
+Proprietary technology platforms including JobStack and Affinix.
Potential downside factors
−Debt risk (elevated): Interest coverage is below 2x.
−Free cash flow is negative.
−Cash covers less than 20% of total debt.
−Cyclical and seasonal nature of the staffing industry.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Very Weak19/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Weak
45
Debt Cost2.7%
Debt Reduction YoY-156.4%
Debt / Equity0.62x
Tap for breakdown →
Revenue
Poor
25
Revenue YoY4.6%
Revenue CAGR-7.9%
Net Margin-3.3%
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Asset
Fair
55
Asset Growth YoY-5.4%
Liquidation/Share$8.53
Net Assets/MCap1.85x
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Capital
Poor
33
Earnings Yield-21.6%
Buyback Yield12.3%
Debt Cost2.7%
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Management
Poor
0
ROIC-7.2%
ROE-22.2%
ROA-9.1%
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Moat
Poor
5
EPS Growth—
FCF/Share Growth—
Rev/Share Growth-1.2%
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Valuation
Poor
0
Intrinsic Value—
Value Reference—
MOS—
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Buffett
Poor
25
Revenue25
Moat5
Valuation0
Tap for breakdown →
MOS
Poor
0
MOS %—
Value Reference—
Deep Discount Reference—
Tap for breakdown →
Financial
Poor
21
Interest Coverage-5.8x
ROIC-7.2%
FCF Yield-28.2%
Tap for breakdown →
Master
Poor
14
Financial21
Valuation0
Debt45
Tap for breakdown →
Resilience
Poor
30
Survival Years0.3 yrs
Current Ratio2.15x
FCF Margin-4.6%
Tap for breakdown →
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Score Changes
3 historical score records available
Previous Score
19
Oct 1, 2026
Change
Unchanged
Current Score
19
Oct 22, 2026
Category Changes
Revenue0
Debt0
Assets0
Capital0
Management0
Moat0
Valuation0
Buffett0
TBI score was unchanged.
Projected Score
Projected Score
25
Projected Change
+5.8 points
Preliminary comparable-period financial changes suggest improvement of approximately 5.8 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailable
Current Price
$9.72
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2022
2021
2021
2020
2020
2019
Revenue
$1.69B
$1.62B
$1.57B
$1.91B
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Cost of Revenue
$1.34B
$1.27B
$1.16B
$1.40B
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····
····
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Gross Profit
$346.5M
$343.0M
$406.4M
$506.1M
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····
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Research & Development
$0.00
$0.00
$0.00
$0.00
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SG&A Expenses
$357.8M
$371.1M
$410.9M
$494.6M
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····
····
····
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Operating Expenses
$371.5M
$371.1M
$499.2M
$529.9M
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····
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EBITDA
-$22.7M
-$16.8M
-$3.5M
$11.5M
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Operating Income
-$25.0M
-$26.8M
-$92.8M
-$23.9M
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····
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Interest Expense
$2.4M
$0.00
$0.00
$0.00
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····
····
····
····
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Income Before Tax
-$53.4M
-$45.6M
-$88.5M
-$20.6M
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····
····
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Income Tax Expense
$3.3M
$2.3M
$37.2M
-$6.5M
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····
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Net Income
-$56.6M
-$48.0M
-$125.7M
-$14.2M
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Basic EPS
$-1.89
$-1.61
$-4.17
$-0.45
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Basic Shares
30.41M
29.85M
30.18M
31.32M
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Diluted Shares
30.41M
29.85M
30.18M
31.32M
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Upgrade to Premium for up to 10 annual periods, where available.
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Cash position grew
What Weakened
Margins contracted
Debt increased
Potential Score Impact
Positive indicators included revenue growth, EPS growth, cash levels. Pressure indicators included debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 11.8%. EPS increased 1937.0%. Cash increased 6.2%. Total debt increased 25.7%. Net income margin declined by 0.7 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Upgrade to Premium to unlock all earnings history.View plans
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.