Barrett Business Services provides business management solutions for small and medium-sized companies. The Company has a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. It offers professional employer services, assuming responsibility for payroll, payroll taxes, workers' compensation coverage, and certain other administration functions for the client's existing workforce. Barrett Business Services also provides staffing and recruiting services.

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

Barrett Business Services has an office in Vancouver
Vancouver, US (HQ)
8100 NE Parkway Drive Suite 200
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Barrett Business Services Financials and Metrics

Barrett Business Services Revenue

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Barrett Business Services's revenue was reported to be $920.43 m in FY, 2017
USD

Revenue (Q1, 2018)

224 m

Gross profit (Q1, 2018)

16.3 m

Gross profit margin (Q1, 2018), %

7.3%

Net income (Q1, 2018)

(9.1 m)

EBIT (Q1, 2018)

(14.2 m)

Market capitalization (11-Jul-2018)

700.7 m

Closing share price (11-Jul-2018)

95.9

Cash (31-Mar-2018)

24 m

EV

681 m
Barrett Business Services's current market capitalization is $700.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

532.8 m636.2 m740.8 m840.6 m920.4 m

Revenue growth, %

19%16%13%

Cost of goods sold

446.3 m605.8 m152.6 m695.1 m761.9 m

Gross profit

86.5 m30.4 m588.2 m145.5 m158.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

148 m135.1 m151.1 m175 m166.9 m182.4 m191 m203.4 m225.1 m210 m225.6 m224 m

Cost of goods sold

117.8 m125.8 m121.2 m217.7 m157.9 m146.2 m180.6 m161.2 m175.5 m199.5 m181.4 m207.7 m

Gross profit

30.2 m9.3 m29.9 m(42.8 m)9 m36.2 m10.4 m42.3 m49.6 m10.5 m44.2 m16.3 m

Gross profit Margin, %

20%7%20%(24%)5%20%5%21%22%5%20%7%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

93.6 m11.5 m25.2 m50.8 m59.8 m

Accounts Receivable

126.5 m136.7 m

Inventories

Current Assets

210.9 m178.9 m227 m260.6 m308.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

35 m66.3 m47.9 m52 m15.2 m4.4 m43.5 m422 k26.8 m18.4 m17.9 m24 m

Accounts Receivable

98.7 m96 m104 m129.8 m130.4 m137.9 m163.8 m177.9 m140.1 m139.3 m147.1 m147.1 m

Current Assets

216.7 m208.4 m198.1 m251.3 m215.8 m219.9 m278.3 m252.4 m244.4 m219.7 m262.1 m290.2 m

PP&E

20.4 m21.8 m21.8 m22.6 m22.6 m22.6 m23.4 m24 m25.8 m26.6 m27 m25.1 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

17.9 m(27.1 m)25.5 m18.8 m25.2 m

Depreciation and Amortization

2 m2.5 m738 k3.3 m5.5 m

Inventories

Accounts Payable

1.3 m(533 k)498 k1.7 m222 k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

12.3 m(3.6 m)3.7 m(34.1 m)(5.8 m)2.9 m(5.8 m)3.1 m14 m(8 m)519 k(9.1 m)

Depreciation and Amortization

1.5 m584 k1.2 m1.8 m683 k1.4 m749 k769 k823 k942 k1 m

Accounts Payable

726 k(870 k)(817 k)(413 k)781 k(300 k)3.9 m4.5 m4.5 m3.5 m(1.3 m)

Cash From Operating Activities

47.2 m7.7 m8.7 m33.5 m5.5 m12.6 m(2.2 m)
USDY, 2018

EV/EBIT

-48.1 x

EV/CFO

-314.1 x

Financial Leverage

9.1 x
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Barrett Business Services Operating Metrics

Barrett Business Services's Customers was reported to be 6.5 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Branches

54 55 57

Customers

5.49 k5.97 k6.50 k

PEO Customers

3.67 k4.20 k4.97 k

Staffing Services Customers

1.83 k1.77 k1.53 k
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Barrett Business Services Online and Social Media Presence

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Barrett Business Services News and Updates

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Barrett Business Services Company Life and Culture

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