TrueBlue

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, WA, USMap
Websitetrueblue.com
Employee Ratings3.4More
Overall CultureCMore
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Latest Updates

Employees (est.) (Dec 2019)6,200(-7%)
Revenue (FY, 2019)$2.4 B(-5%)
Share Price (Feb 2021)$20.3 (+4%)
Cybersecurity ratingCMore

Key People/Management at TrueBlue

Patrick Beharelle

Patrick Beharelle

CEO & Director
Steven C. Cooper

Steven C. Cooper

Chairman
Colleen B. Brown

Colleen B. Brown

Director
Derrek L. Gafford

Derrek L. Gafford

Executive Vice President, Chief Financial Officer
William C. Goings

William C. Goings

Director
Carl Schweihs

Carl Schweihs

President, People Management
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TrueBlue Office Locations

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

TrueBlue Financials and Metrics

TrueBlue Revenue

TrueBlue's revenue was reported to be $2.37 b in FY, 2019
USD

Revenue (Q3, 2020)

474.5m

Gross profit (Q3, 2020)

110.5m

Gross profit margin (Q3, 2020), %

23.3%

Net income (Q3, 2020)

8.8m

EBIT (Q3, 2020)

12.7m

Market capitalization (8-Feb-2021)

711.6m

Closing stock price (8-Feb-2021)

20.3

Cash (27-Sept-2020)

28.2m

EV

724.5m
TrueBlue's current market capitalization is $711.6 m.
Annual
USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.1b1.4b1.7b2.2b2.7b2.8b2.5b2.5b2.4b

Revenue growth, %

30%24%2%

Cost of goods sold

845.9m1.0b1.2b1.6b2.1b1.9b1.8b1.7b

Gross profit

303.5m372.4m442.3m537.0m679.7m634.5m665.6m626.2m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

284.8m312.8m274.3k320.2m371.4m1.3b311.2m354.3m379.5m346.5m422.3m451.2m396.1m453.2m633.4m573.3m627.7m683.9m2.7b568.2m610.1m660.8m554.4m614.3m680.4m552.4m588.6m636.8m494.3m358.9m474.5m

Cost of goods sold

209.0m228.2m204.3k234.8m271.5m969.0m232.0m260.7m274.2m259.9m310.4m327.6m296.5m333.6m473.8m443.5m475.7m515.1m2.1b495.5m502.7m518.7m428.8m454.8m488.8m411.1m448.7m496.1m404.0m430.3m467.7m368.1m275.7m364.1m

Gross profit

75.8m84.6m70.0k85.3m99.9m347.0m79.2m93.5m105.2m86.6m111.9m123.5m99.6m119.6m159.6m129.8m152.0m168.9m635.7m139.4m155.3m172.0m143.3m165.6m184.3m148.4m158.3m169.1m126.2m83.2m110.5m

Gross profit Margin, %

27%27%26%27%27%26%25%26%28%25%26%27%25%26%25%23%24%25%24%25%25%26%26%27%27%27%27%27%26%23%23%
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Annual
USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

163.2m129.5m122.0m19.7m29.8m35.0m35.0m47.0m37.6m

Accounts Receivable

108.7m167.3m199.5m359.9m355.4m342.3m

Prepaid Expenses

8.5m9.5m18.8m22.1m30.7m

Inventories

Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

140.9m139.0m152.8k142.0m99.1m109.3m125.0m129.4m119.3m110.8m136.0m109.5m128.8m162.8m29.2m17.8m21.3m23.2m29.8m21.9m21.8m24.8m26.1m29.1m35.1m26.6m33.4m34.7m26.3m23.1m23.6m265.3m92.1m28.2m

Accounts Receivable

115.8m133.8m120.4k143.0m174.4m153.9m144.4m163.8m183.1m191.9m199.3m213.2m186.1m208.4m310.9m290.7m324.0m362.0m461.5m302.1m337.1m380.5m322.4m370.6m384.9m327.0m335.5m367.0m293.0m224.1m279.8m

Prepaid Expenses

9.3m8.9m7.1m8.4m8.5m7.6m12.2m9.3m8.7m17.5m15.8m15.8m19.0m23.6m20.0m18.4m18.9m22.4m21.0m23.8m24.3m22.7m26.8m25.0m25.8m27.0m

Current Assets

273.9m286.6m295.4k306.5m286.4m280.6m284.8m304.9m317.5m326.2m356.2m370.3m364.0m394.6m377.5m342.5m373.7m413.8m550.4m385.7m412.2m435.8m357.5m394.7m440.4m378.8m433.0m453.1m386.0m392.3m426.0m593.4m359.9m350.7m
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Annual
USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

19.8m33.6m44.9m65.7m71.2m(15.3m)55.5m65.8m63.1m

Depreciation and Amortization

16.5m18.9m20.5m29.5m41.8m46.7m46.1m41.0m37.5m

Inventories

Accounts Payable

747.0k1.5m(3.6m)(8.7m)(10.6m)2.9m6.9m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

5.7m15.9m766.09.3m23.2m30.8m1.5m11.9m26.2m(1.1m)11.5m30.4m1.7m17.7m38.7m5.7m23.0m43.1m71.2m7.0m(56.8m)(33.3m)4.7m17.8m39.0m8.8m26.5m50.9m8.3m27.7m54.4m(150.5m)(158.7m)(149.9m)

Depreciation and Amortization

8.0m11.9m3.9k7.8m12.0m16.4m4.8m9.5m14.2m5.2m10.4m15.1m5.2m10.4m20.1m10.5m20.9m31.4m41.8m11.3m23.0m34.7m11.2m23.5m34.7m10.1m20.2m30.8m10.0m19.8m28.5m9.1m16.4m24.0m

Accounts Payable

(406.0k)1.5m(2.5k)8.9m19.6m5.4m(2.6m)(3.2m)(2.9m)(7.0m)(7.5m)(6.7m)(3.3m)(566.0k)(1.7m)4.4m5.9m17.5m23.3m(15.0m)(13.2m)(784.0k)(4.9m)3.8m1.6m(9.9m)(16.5m)(7.0m)(28.4m)(22.2m)(12.7m)

Cash From Operating Activities

10.5m14.3m(4.6k)1.1m16.5m30.6m17.7m27.8m33.0m6.1m24.1m45.3m23.5m28.9m59.9m95.8m106.7m120.3m72.1m160.5m184.3m213.2m54.0m64.1m80.6m44.8m49.4m68.6m21.5m37.0m52.5m27.6m103.5m98.8m
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USDQ2, 2010

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
Show all operating metrics

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 Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

Learn more about our premium products
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TrueBlue Online and Social Media Presence

TrueBlue's Trends

Embed Graph

TrueBlue Company Culture

  • Overall Culture

    C

    63/100

  • CEO Rating

    D

    59/100

  • Compensation

    C-

    59/100

  • Diversity

    A-

    77/100

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TrueBlue News and Updates

September 16, 2020

TrueBlue Names Brannon Lacey President of PeopleScout

TACOMA, Wash. — September 15, 2020 — TrueBlue, a global leader in specialized workforce solutions, announced today a new appointment to its senior leadership team. Brannon Lacey has been named President of PeopleScout, a division of TrueBlue and the world’s largest recruitment process outsourcing pr…
June 06, 2019

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…
February 06, 2019

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...
August 01, 2018

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…
July 02, 2018

TrueBlue Is Bringing An Umbrella To A Tsunami

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…
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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, Steven C. Cooper and Colleen B. Brown.

  • How many employees does TrueBlue have?

    TrueBlue has 6,200 employees.

  • What is TrueBlue revenue?

    Latest TrueBlue annual revenue is $2.4 b.

  • What is TrueBlue revenue per employee?

    Latest TrueBlue revenue per employee is $382.1 k.

  • Who are TrueBlue competitors?

    Competitors of TrueBlue include HKA Enterprises, System One and Addison Group.

  • 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.