TrueBlue
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TrueBlue

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    • Business ServicesHuman Resources & Recruitingconsultingrecruitingstaffingworkforce management

    TrueBlue is a staffing, recruiting and workforce management company. The Company fills individual positions on demand, staffs entire facilities and manages outsourced recruiting processes and staffing vendor programs. TrueBlue services a wide variety of industries including construction, energy, manufacturing, financial services, pharmaceuticals, transportation, aviation and energy.

    Market capitalization(2018-06-22)
    $1.1 B
    Enterprise Customers(Q2, 2017)
    122 M
    Type
    Public
    HQ
    Tacoma, US
    Founded
    1985
    Size (employees)
    6,000 (est)
    Website
    trueblue.com
    TrueBlue was founded in 1985 and is headquartered in Tacoma, US
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    TrueBlue Office Locations

    TrueBlue has an office in Tacoma
    Tacoma, US (HQ)
    1015 A St
    Show all (1)
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    TrueBlue Financials and Metrics

    TrueBlue Financials

    TrueBlue's revenue was reported to be $2.75 b in FY, 2016 which is a 2% increase from the previous period.
    USD

    Net income (FY, 2017)

    		55.5 m

    EBIT (FY, 2017)

    		77.6 m

    Market capitalization (22-Jun-2018)

    		1.1 b

    Closing share price (22-Jun-2018)

    		27.8

    Cash (7-Feb-2017)

    		29.1 m

    EV

    		1.1 b
    TrueBlue's current market capitalization is $1.1 b.
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		1.7 b2.2 b2.7 b2.8 b

    Revenue growth, %

    		30%24%2%

    Cost of goods sold

    		2.1 b1.9 b

    Gross profit

    		679.7 m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q3, 2017Q1, 2017Q2, 2017

    Cost of goods sold

    		327.6 m296.5 m333.6 m473.8 m443.5 m475.7 m515.1 m495.5 m502.7 m518.7 m488.8 m428.8 m454.8 m

    General and administrative expense

    		90.8 m92 m96.4 m120.3 m111.6 m117.9 m125.1 m130.6 m135.8 m134.7 m

    Operating expense total

    		90.8 m92 m96.4 m120.3 m111.6 m117.9 m125.1 m130.6 m135.8 m134.7 m

    EBIT

    		28 m2.4 m18 m29.6 m7.7 m23.7 m33.3 m8.6 m(76.8 m)27.8 m29.3 m6.4 m18.2 m
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		122 m19.7 m29.8 m35 m35 m

    Accounts Receivable

    Inventories

    Current Assets

    		356.5 m415.8 m550.4 m427.8 m427.8 m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q3, 2017Q1, 2017Q2, 2017

    Cash

    		109.5 m128.8 m162.8 m29.2 m17.8 m21.3 m23.2 m21.9 m21.8 m24.8 m35.1 m26.1 m29.1 m

    Current Assets

    		370.3 m364 m394.6 m377.5 m342.5 m373.7 m413.8 m385.7 m412.2 m435.8 m440.4 m357.5 m394.7 m

    PP&E

    		55.8 m53.3 m53.2 m62.1 m58.6 m56.8 m56 m58.6 m60.3 m59.9 m63.1 m64.1 m61.8 m

    Goodwill

    		74.6 m82.2 m82.2 m232.3 m241.9 m241.9 m241.9 m291.4 m225.2 m225.9 m226.8 m226 m226.2 m
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		44.9 m65.7 m71.2 m(15.3 m)55.5 m

    Depreciation and Amortization

    		20.5 m29.5 m41.8 m46.7 m46.1 m

    Inventories

    Accounts Payable

    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q3, 2017Q1, 2017Q2, 2017

    Net Income

    		30.4 m1.7 m17.7 m38.7 m5.7 m23 m43.1 m7 m(56.8 m)(33.3 m)39 m4.7 m17.8 m

    Depreciation and Amortization

    		15.1 m5.2 m10.4 m20.1 m10.5 m20.9 m31.4 m11.3 m23 m34.7 m34.7 m11.2 m23.5 m

    Cash From Operating Activities

    		45.3 m23.5 m28.9 m59.9 m95.8 m106.7 m120.3 m160.5 m184.3 m213.2 m80.6 m54 m64.1 m

    Cash From Investing Activities

    		(97.5 m)(15 m)13 m(296.9 m)(5.9 m)(3.2 m)(25.8 m)(87.5 m)(97.2 m)(112.6 m)(28.7 m)(2.7 m)(7.5 m)
    show all
    USDY, 2017

    EV/EBIT

    		14.8 x

    EV/CFO

    		11.5 x

    EV/FCF

    		14.7 x

    Financial Leverage

    		2 x
    Show all financial metrics

    TrueBlue Operating Metrics

    TrueBlue's Enterprise Customers was reported to be 122 m in Q2, 2017. TrueBlue's Users was reported to be 815 k in FY, 2016.
    FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

    Branches

    		692 698 650 625 625

    Enterprise Customers

    		135 k135 k135 k135 k130 k130 k130 k13 k124 k122 k122 m

    Users

    		750 k750 k750 k750 k750 k840 k840 k840 k815 k
    Show all operating metrics

    TrueBlue Revenue Breakdown

    Embed Graph

    TrueBlue revenue breakdown by business segment: 6.6% from PeopleScout, 34.2% from PeopleManagement and 59.2% from PeopleReady

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    Competitors

    Vaco
    Business Services - Private
    Innovative Staff Solutions
    Business Services - Private
    AVANT Group
    Business Services - Private
    Staffgroup
    Business Services - Private
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    TrueBlue Online and Social Media Presence

    Embed Graph
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    TrueBlue News and Updates

    June 13, 2018

    TrueBlue Acquires TMP Holdings LTD Strengthening PeopleScout’s Global RPO and Talent Advisory Capabilities

    Acquisition expands PeopleScout’s EMEA client base, team and operations. Chicago, IL – June 13, 2018 – TrueBlue (NYSE:TBI), a global provider of specialized workforce solutions, has, through its PeopleScout Recruitment Process Outsourcing (RPO) segment, acquired TMP Holdings LTD (“TMP”) which operat…
    April 30, 2018

    TrueBlue, Inc. 2018 Q1 - Results - Earnings Call Slides

    September 25, 2017

    2017 HRO Today Baker’s Dozen: Recruitment Process Outsourcing

    We rank the top providers based on customer satisfaction surveys. By the Editors HRO Today’s Baker’s Dozen rankings are based solely on feedback from buyers of the rated services. The ratings are not based on the opinion of the HRO Today staff. We collect feedback annually through an online survey, …
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