OverviewSuggest Edit

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.

TypePublic
Founded1985
HQTacoma, US
Websitetrueblue.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Dec 2018)6,700(+22%)
Job Openings19
Revenue (FY, 2016)$2.8 B(+3%)
Share Price (Oct 2019)$21.8

Key People/Management at TrueBlue

Patrick Beharelle

Patrick Beharelle

CEO, Director
Colleen B. Brown

Colleen B. Brown

Director
William C. Goings

William C. Goings

Director
Stephen Robb

Stephen Robb

Director
Jeffrey B. Sakaguchi

Jeffrey B. Sakaguchi

Lead Independent Director
Kristi Savacool

Kristi Savacool

Director
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TrueBlue Office Locations

TrueBlue has an office in Tacoma
Tacoma, US (HQ)
1015 A St
Tacoma, US
2910 N Starr St
Show all (2)

TrueBlue Financials and Metrics

TrueBlue Revenue

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 (Q2, 2019)

19.4m

EBIT (Q2, 2019)

20.9m

Market capitalization (16-Oct-2019)

874.3m

Closing stock price (16-Oct-2019)

21.8

Cash (30-Jun-2019)

23.1m

EV

875.9m
TrueBlue's current market capitalization is $874.3 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.7b2.2b2.7b2.8b

Revenue growth, %

30%24%2%

Cost of goods sold

1.2b2.1b1.9b1.8b

Gross profit

442.3m679.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2018Q2, 2018Q3, 2018Q2, 2019

Cost of goods sold

327.6m296.5m333.6m473.8m443.5m475.7m515.1m495.5m502.7m518.7m428.8m454.8m488.8m430.3m

General and administrative expense

90.8m92.0m96.4m120.3m111.6m117.9m125.1m130.6m135.8m134.7m121.8m124.8m131.6m127.6m

Operating expense total

90.8m92.0m96.4m120.3m111.6m117.9m125.1m130.6m135.8m134.7m121.8m124.8m131.6m127.6m

Depreciation and amortization

5.2m5.2m9.7m10.4m10.5m11.2m12.3m11.2m9.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

122.0m19.7m29.8m35.0m35.0m47.0m

Accounts Receivable

Inventories

Current Assets

356.5m415.8m550.4m427.8m427.8m429.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2018Q2, 2018Q3, 2018Q2, 2019

Cash

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

Current Assets

370.3m364.0m394.6m377.5m342.5m373.7m413.8m550.4m385.7m412.2m435.8m357.5m394.7m440.4m392.3m

PP&E

55.8m53.3m53.2m62.1m58.6m56.8m56.0m57.5m58.6m60.3m59.9m64.1m61.8m63.1m58.6m

Goodwill

74.6m82.2m82.2m232.3m241.9m241.9m241.9m268.5m291.4m225.2m225.9m226.0m226.2m226.8m237.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

44.9m65.7m71.2m(15.3m)55.5m65.8m

Depreciation and Amortization

20.5m29.5m41.8m46.7m46.1m41.0m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2018Q2, 2018Q3, 2018Q2, 2019

Net Income

30.4m1.7m17.7m38.7m5.7m23.0m43.1m7.0m(56.8m)(33.3m)4.7m17.8m39.0m27.7m

Depreciation and Amortization

15.1m5.2m10.4m20.1m10.5m20.9m31.4m11.3m23.0m34.7m11.2m23.5m34.7m19.8m

Cash From Operating Activities

45.3m23.5m28.9m59.9m95.8m106.7m120.3m160.5m184.3m213.2m54.0m64.1m80.6m37.0m

Cash From Investing Activities

(97.5m)(15.0m)13.0m(296.9m)(5.9m)(3.2m)(25.8m)(87.5m)(97.2m)(112.6m)(2.7m)(7.5m)(28.7m)(2.7m)
USDY, 2019

EV/EBIT

41.9 x

EV/CFO

23.7 x

EV/FCF

33.8 x

Financial Leverage

1.8 x
Show all financial metrics

TrueBlue Operating Metrics

TrueBlue's Enterprise Customers was reported to be 122 k 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 k130 k124 k122 k122 k

Users

750 k750 k750 k750 k750 k840 k840 k840 k815 k
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TrueBlue Revenue Breakdown

Embed Graph

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

TrueBlue Online and Social Media Presence

Embed Graph

TrueBlue News and Updates

TrueBlue Names Jeff Dirks Chief Information and Technology Officer and Carl Schweihs President of PeopleManagement

Company Focused on Leading the Industry in Technology-Powered Staffing Tacoma, WA – June 6, 2019 – TrueBlue, a global leader in specialized workforce solutions, announced new appointments to its senior executive team as the company works to redefine the staffing experience and underscore market lead…

Trueblue anuncia la apertura de una oficina en Norteamérica

VERONA, Italia, MILÁN y MONTREAL, February 6, 2019 /PRNewswire/ -- - Trueblue anuncia la apertura de una oficina en Norteamérica y nombra a Mario Settino vicepresidente ejecutivo de desarrollo corporativo y director financiero Trueblue, un innovador en tecnología líder en el sector...

TrueBlue Announces Leadership Transition

CEO Steven C. Cooper Named Executive Chairman of the Board; President and COO Patrick Beharelle Promoted to CEO Tacoma, WA – July 30, 2018 – TrueBlue, Inc. (NYSE:TBI) announced today that Chief Executive Officer Steven C. Cooper will become Executive Chairman of the Board, succeeding Joe Sambataro J…

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…
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TrueBlue Frequently Asked Questions

  • When was TrueBlue founded?

    TrueBlue was founded in 1985.

  • Who are TrueBlue key executives?

    TrueBlue's key executives are Patrick Beharelle, Colleen B. Brown and William C. Goings.

  • How many employees does TrueBlue have?

    TrueBlue has 6,700 employees.

  • Who are TrueBlue competitors?

    Competitors of TrueBlue include Addison Group, BG Staffing and On Time Staffing.

  • Where is TrueBlue headquarters?

    TrueBlue headquarters is located at 1015 A St, Tacoma.

  • Where are TrueBlue offices?

    TrueBlue has an office in Tacoma.

  • How many offices does TrueBlue have?

    TrueBlue has 2 offices.