The company fills individual positions on demand, staffs entire facilities, and manages outsourced recruiting processes and staffing vendor programs for a wide variety of clients. The company's specialized workforce solutions meet clients' needs for a reliable, efficient workforce, and it services a wide variety of industries including construction, energy, manufacturing, financial services, pharmaceuticals, transportation, aviation and energy. TrueBlue assigns as many as 100,000 people to work each day, drawing from a data base of hundreds of thousands of candidates, and places more than 250,000 people in permanent positions each year.

Company Growth (employees)
Type
Public
HQ
Tacoma, US
Founded
1985
Size (employees)
6,000 (est)
TrueBlue was founded in 1985 and is headquartered in Tacoma, US

TrueBlue Office Locations

TrueBlue has an office in Tacoma
Tacoma, US (HQ)
1200 1015 A St

TrueBlue Financials and Metrics

TrueBlue Financials

TrueBlue's revenue was reported to be $2.8 b in FY, 2016
USD

Net income (Q2, 2017)

13.1 m

EBIT (Q2, 2017)

18.2 m

Market capitalization (11-Dec-2017)

1.2 b

Cash (07-Feb-2017)

29.1 m

EV

1.1 b
TrueBlue's current market capitalization is $1.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.7 b2.2 b2.7 b2.8 b

Revenue growth, %

30%24%2%

Cost of goods sold

2.1 b

Gross profit

679.7 m
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
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

122 m19.7 m29.8 m35 m35 m

Current Assets

356.5 m415.8 m550.4 m427.8 m427.8 m

PP&E

54.5 m61.4 m57.5 m64 m64 m

Goodwill

82.2 m241.9 m268.5 m224.2 m224.2 m
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
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

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

Accounts Receivable

(4.2 m)(78 m)(89 m)113 m112.8 m

Cash From Operating Activities

86.1 m47.5 m72.1 m261.8 m261.8 m
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

Accounts Receivable

(24.8 m)9.9 m(15.2 m)(26.4 m)67.4 m31.9 m(6.6 m)147.1 m116.1 m102.7 m(34.2 m)49.1 m11.9 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
Y, 2017

EV/EBIT

62.9 x

EV/CFO

17.9 x

EV/FCF

20.9 x

Financial Leverage

2 x
Show all financial metrics

TrueBlue Operating Metrics

TrueBlue's Users was reported to be 815 k in FY, 2016, which is a 9% increase from the previous period. TrueBlue's Enterprise Customers was reported to be 122 m in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Branches

692698650625625

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 Market Value History

TrueBlue Revenue Breakdown

TrueBlue Median Salaries

Source: 21 public H-1B filings from TrueBlue

TrueBlue's Web-traffic and Trends

TrueBlue Online and Social Media Presence

TrueBlue News and Updates

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, …

TrueBlue Company Life and Culture

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