trueblue (nyse: tbi) is a leading 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 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 profile
Ticker
TBI
Exchange
Website
CEO
A. Patrick Beharelle
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LABOR READY INC
SEC CIK
Corporate docs
Subsidiaries
Centerline Drivers, LLC • Labor Ready Holdings, Inc. • Labour Ready Temporary Services, Ltd. • PeopleReady, Inc. • PeopleReady Florida, Inc. • PeopleScout, Inc. • PeopleScout MSP, LLC • PeopleScout Pty, Ltd • PeopleScout Singapore Pte. Ltd. • RenewableWorks, LLC ...
IRS number
911287341
TBI stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
4 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
ARS
2023 FY
Annual report to shareholders
1 Mar 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Trueblue Reports Fourth Quarter and Full-year 2023 Results
21 Feb 24
8-K
Entry into a Material Definitive Agreement
12 Feb 24
10-Q
2023 Q3
Quarterly report
23 Oct 23
8-K
Trueblue Reports Third Quarter 2023 Results
23 Oct 23
8-K
Departure of Directors or Certain Officers
10 Oct 23
8-K
Departure of Directors or Certain Officers
15 Aug 23
Transcripts
TBI
Earnings call transcript
2023 Q4
21 Feb 24
TBI
Earnings call transcript
2023 Q3
23 Oct 23
TBI
Earnings call transcript
2023 Q2
24 Jul 23
TBI
Earnings call transcript
2023 Q1
24 Apr 23
TBI
Earnings call transcript
2022 Q4
1 Feb 23
TBI
Earnings call transcript
2022 Q3
24 Oct 22
TBI
Earnings call transcript
2022 Q2
26 Jul 22
TBI
Earnings call transcript
2022 Q1
25 Apr 22
TBI
Earnings call transcript
2021 Q4
3 Feb 22
TBI
Earnings call transcript
2021 Q3
26 Oct 21
Latest ownership filings
4
Kristy A. Fitzsimmons-Willis
5 Apr 24
4
Richard P. Betori
5 Apr 24
SC 13G/A
BlackRock Inc.
5 Apr 24
4
Garrett Ferencz
27 Feb 24
4
Richard P. Betori
27 Feb 24
4
Kristy A. Fitzsimmons-Willis
27 Feb 24
4
Richard Christensen
27 Feb 24
4
Taryn R Owen
27 Feb 24
4
Carl Schweihs
27 Feb 24
4
COLLEEN B BROWN
27 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 90.56 mm | 90.56 mm | 90.56 mm | 90.56 mm | 90.56 mm | 90.56 mm |
Cash burn (monthly) | 5.73 mm | 1.80 mm | 908.67 k | 686.17 k | 431.67 k | (no burn) |
Cash used (since last report) | 40.24 mm | 12.62 mm | 6.38 mm | 4.82 mm | 3.03 mm | n/a |
Cash remaining | 50.32 mm | 77.94 mm | 84.18 mm | 85.74 mm | 87.53 mm | n/a |
Runway (months of cash) | 8.8 | 43.4 | 92.6 | 125.0 | 202.8 | n/a |
Institutional ownership, Q3 2023
95.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 143 |
Opened positions | 18 |
Closed positions | 26 |
Increased positions | 58 |
Reduced positions | 49 |
13F shares | Current |
---|---|
Total value | 431.46 bn |
Total shares | 29.97 mm |
Total puts | 3.00 k |
Total calls | 7.90 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.01 mm | $73.54 bn |
Vanguard | 3.46 mm | $50.74 bn |
Hotchkis & Wiley Capital Management | 2.68 mm | $39.39 bn |
Pzena Investment Management | 2.43 mm | $35.66 bn |
Dimensional Fund Advisors | 2.09 mm | $30.65 bn |
STT State Street | 1.24 mm | $18.20 bn |
Charles Schwab Investment Management | 820.73 k | $12.04 bn |
Royce & Associates | 720.02 k | $10.56 bn |
Pacer Advisors | 637.93 k | $9.36 bn |
Geode Capital Management | 625.41 k | $9.18 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Apr 24 | Richard P. Betori | Common Stock | Payment of exercise | Dispose F | No | No | 12.07 | 518 | 6.25 k | 69,694 |
3 Apr 24 | Richard P. Betori | Common Stock | Payment of exercise | Dispose F | No | No | 12.07 | 681 | 8.22 k | 70,212 |
3 Apr 24 | Kristy A. Fitzsimmons-Willis | Common Stock | Payment of exercise | Dispose F | No | No | 12.07 | 815 | 9.84 k | 59,048 |
3 Apr 24 | Kristy A. Fitzsimmons-Willis | Common Stock | Payment of exercise | Dispose F | No | No | 12.07 | 578 | 6.98 k | 59,863 |
23 Feb 24 | Kristi A Savacool | Common Stock | Grant | Acquire A | No | No | 0 | 10,050 | 0.00 | 43,859 |
23 Feb 24 | Kreidler Robert C. | Common Stock | Grant | Acquire A | No | No | 0 | 9,521 | 0.00 | 40,657 |
23 Feb 24 | William C. Goings | Common Stock | Grant | Acquire A | No | No | 0 | 10,227 | 0.00 | 36,965 |
News
12 Industrials Stocks Moving In Wednesday's After-Market Session
21 Feb 24
TrueBlue: Q4 Earnings Insights
21 Feb 24
TrueBlue Q4 2023 Adj EPS $0.08 Beats $0.01 Estimate, Sales $492.17M Beat $472.53M Estimate
21 Feb 24
Vertical Staffing Resources Announces Acquisition Of PeopleReady's Canadian Staffing Operations From TrueBlue Inc.; Financial Terms Of The Transaction Were Not Disclosed
21 Feb 24
Earnings Scheduled For February 21, 2024
21 Feb 24
Press releases
TrueBlue to Announce First Quarter 2024 Results
22 Apr 24
Heliogen, Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operational Results; Appoints New CFO
25 Mar 24
TrueBlue President and CEO Recognized by Staffing Industry Analysts for Influential Leadership
11 Mar 24
TrueBlue's Centerline Drivers Announces Drive It Forward Scholarship Winner
6 Mar 24
TrueBlue Completes Previously Announced Sale of PeopleReady's Canadian Staffing Business
4 Mar 24