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TBI · NYSE · United States · Services-Help Supply Services
In shortTrueBlue, Inc. is loss-making, burns cash and carries moderate debt, with revenue growing (+3.1% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -2.9% | 7/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -3.0% | 8/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -16.3% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -10.8% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.15× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.24× | 98/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.45 | 60/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -4.6% | 2/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 14.8% | 56/100 |
| Operating margin volatility | 3.9% | 73/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -10.5% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,174 | 2,254 | 1,906 | 1,567 | 1,616 |
| Cost of revenue | 1,613 | 1,652 | 1,400 | 1,161 | 1,248 |
| Gross profit | 560 | 602 | 506 | 406 | 368 |
| Selling, general & admin | 464 | 501 | 495 | 411 | 371 |
| Operating income | 68 | 72 | (24) | (93) | (47) |
| Pre-tax income | 74 | 73 | (21) | (89) | (46) |
| Income tax | 12 | 11 | (6.5) | 37 | 2.3 |
| Net income | 62 | 62 | (14) | (126) | (48) |
| Diluted EPS | $1.74 | $1.86 | −$0.45 | −$4.17 | −$1.61 |
| Diluted shares (millions) | 35 | 33 | 31 | 30 | 30 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
3.45 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 28, 2026 · Data updated Aug 4, 2026