Barrett Business Services

BBSI (NASDAQ: BBSI) is a leading provider of business management solutions, combining traits from the human resource outsourcing and professional management consulting industries to create an operational platform that differentiates it from competitors. Integrating these services on a single platform helps BBSI's small and medium-sized client companies leverage their investment in human capital by improving the efficiency of their operations. BBSI works with more than 3,000 clients across all industries in 23 states.

Type
Public
HQ
Vancouver, US
Founded
1951
Size (employees)
115,746 (est)+25%
Barrett Business Services was founded in 1951 and is headquartered in Vancouver, US

Barrett Business Services Office Locations

Barrett Business Services has an office in Vancouver
Vancouver, US (HQ)
200 8100 Ne Parkway Dr

Barrett Business Services Data and Metrics

Barrett Business Services Financial Metrics

Barrett Business Services's revenue was reported to be $210 m in Q1, 2017
USD

Revenue (Q1, 2017)

210 m

Gross profit (Q1, 2017)

10.5 m

Gross profit margin (Q1, 2017), %

5%

Net income (Q1, 2017)

(11.2 m)

EBIT (Q1, 2017)

(17.1 m)

Market capitalization (21-Jul-2017)

409.9 m

Cash (31-Mar-2017)

18.4 m
Barrett Business Services's current market capitalization is $409.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

532.8 m636.2 m740.8 m840.6 m

Revenue growth, %

19%16%13%

Cost of goods sold

446.3 m605.8 m152.6 m695.1 m

Gross profit

86.5 m30.4 m588.2 m145.5 m

Gross profit Margin, %

16%5%79%17%

General and administrative expense

113.3 m

Operating expense total

113.3 m

EBIT

24.4 m(45.9 m)14.1 m28.9 m

EBIT margin, %

5%(7%)2%3%

Interest expense

238 k173 k416 k807 k

Pre tax profit

24.9 m(45.3 m)13.9 m25.6 m

Income tax expense

7 m(18.3 m)2.4 m6.8 m

Net Income

17.9 m(27.1 m)25.5 m18.8 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

135.1 m151.1 m175 m166.9 m182.4 m191 m203.4 m225.1 m210 m

Cost of goods sold

125.8 m121.2 m217.7 m157.9 m146.2 m180.6 m161.2 m175.5 m199.5 m

Gross profit

9.3 m29.9 m(42.8 m)9 m36.2 m10.4 m42.3 m49.6 m10.5 m

Gross profit Margin, %

7%20%(24%)5%20%5%21%22%5%

General and administrative expense

14.4 m18 m21.2 m17 m21.3 m21.9 m28.5 m30.4 m26.6 m

Operating expense total

14.4 m18 m21.2 m17 m21.3 m21.9 m28.5 m30.4 m26.6 m

EBIT

(5.6 m)11.3 m(64.6 m)(8.7 m)14.2 m(12.3 m)13 m18.3 m(17.1 m)

EBIT margin, %

(4%)7%(37%)(5%)8%(6%)6%8%(8%)

Interest expense

(44 k)(44 k)(43 k)(520 k)(562 k)(260 k)(248 k)(196 k)(83 k)

Pre tax profit

(5.6 m)11.4 m(64.4 m)(9.1 m)13.7 m(12.3 m)13 m15 m(17 m)

Income tax expense

4.1 m(26.5 m)5 m4.5 m4.8 m

Net Income

(3.6 m)3.7 m(34.1 m)(5.8 m)2.9 m(8 m)8.5 m10.2 m(11.2 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

93.6 m11.5 m25.2 m50.8 m

Accounts Receivable

126.5 m

Current Assets

210.9 m178.9 m227 m260.6 m

PP&E

20.5 m22.7 m22.8 m26.7 m

Goodwill

47.8 m47.8 m47.8 m47.8 m

Total Assets

313.3 m448.5 m496.8 m597.8 m

Accounts Payable

3.3 m2.7 m3.2 m4.9 m

Total Debt

5.3 m45.1 m4.6 m

Current Liabilities

146.5 m218.3 m237.4 m275.2 m

Total Liabilities

528.1 m

Additional Paid-in Capital

5.8 m4.4 m7 m9.6 m

Retained Earnings

66.7 m34.2 m47.5 m60 m

Total Equity

72.6 m38.7 m54.6 m69.7 m

Debt to Equity Ratio

0.1 x1.2 x0.1 x

Debt to Assets Ratio

0 x0.1 x0 x

Financial Leverage

4.3 x11.6 x9.1 x8.6 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

66.3 m47.9 m52 m15.2 m4.4 m43.5 m422 k26.8 m18.4 m

Accounts Receivable

96 m104 m129.8 m130.4 m137.9 m163.8 m177.9 m140.1 m139.3 m

Current Assets

208.4 m198.1 m251.3 m215.8 m219.9 m278.3 m252.4 m244.4 m219.7 m

PP&E

21.8 m21.8 m22.6 m22.6 m22.6 m23.4 m24 m25.8 m26.6 m

Goodwill

47.8 m47.8 m47.8 m47.8 m47.8 m47.8 m47.8 m47.8 m47.8 m

Total Assets

332.6 m338 m406.2 m490.1 m491.4 m565.6 m576.7 m579.8 m597.4 m

Accounts Payable

2.4 m2.4 m2.8 m3.5 m2.4 m3.9 m4.5 m4.5 m3.5 m

Current Liabilities

165.5 m163.6 m199.9 m262.8 m257.6 m308.3 m299 m284 m297.8 m

Additional Paid-in Capital

6.2 m5.8 m5.6 m5.2 m6.2 m7.6 m8.3 m8.7 m10.5 m

Retained Earnings

61.9 m67.8 m28.7 m26.8 m34 m38 m44.9 m53.5 m46.9 m

Total Equity

68.1 m73.7 m34.4 m32.1 m40.3 m45.7 m53.3 m62.4 m57.5 m

Financial Leverage

4.9 x4.6 x11.8 x15.3 x12.2 x12.4 x10.8 x9.3 x10.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

17.9 m(27.1 m)25.5 m18.8 m

Depreciation and Amortization

2 m2.5 m738 k3.3 m

Accounts Receivable

12.1 m

Accounts Payable

1.3 m(533 k)498 k1.7 m

Cash From Operating Activities

70.2 m69.6 m100.6 m80.3 m

Purchases of PP&E

(4.1 m)(4.6 m)(3 m)

Cash From Investing Activities

(17.4 m)(182.5 m)(55.6 m)(33.1 m)

Long-term Borrowings

(220 k)(220 k)(25.2 m)(15.2 m)

Dividends Paid

(4.1 m)(5.4 m)(6.3 m)(6.4 m)

Cash From Financing Activities

(5 m)30.9 m(31.4 m)(21.7 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(3.6 m)3.7 m(34.1 m)(5.8 m)2.9 m(8 m)8.5 m10.2 m(11.2 m)

Depreciation and Amortization

584 k1.2 m1.8 m683 k1.4 m749 k769 k823 k942 k

Accounts Payable

(870 k)(817 k)(413 k)781 k(300 k)3.9 m4.5 m4.5 m3.5 m

Cash From Operating Activities

7.7 m8.7 m33.5 m5.5 m12.6 m

Purchases of PP&E

(1.8 m)(2.4 m)(3.9 m)(656 k)(1.4 m)

Cash From Investing Activities

(33.7 m)(51 m)(69.7 m)(6.2 m)(17.3 m)

Long-term Borrowings

(55 k)(110 k)(165 k)(55 k)(3.1 m)

Dividends Paid

(1.3 m)(2.6 m)(3.9 m)(1.6 m)(3.1 m)

Cash From Financing Activities

(1.3 m)(3.3 m)(5.4 m)4.4 m(2.3 m)
USDY, 2017

Revenue/Employee

1.8 k

Financial Leverage

10.4 x

Barrett Business Services Market Value History

Barrett Business Services Online and Social Media Presence

Barrett Business Services Company Life and Culture

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