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)
Robert Half International • ASGN • Insperity • Volt Information Sciences • Barrett Business Services • Startek • BGSF • RCM • DLH • HireQuest ...
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)
8-K
Departure of Directors or Certain Officers
5 Aug 24
S-8
Registration of securities for employees
5 Aug 24
10-Q
2024 Q2
Quarterly report
5 Aug 24
8-K
Trueblue Reports Second Quarter 2024 Results
5 Aug 24
EFFECT
Notice of effectiveness
21 May 24
8-K
Submission of Matters to a Vote of Security Holders
16 May 24
S-3
Shelf registration
6 May 24
10-Q
2024 Q1
Quarterly report
6 May 24
8-K
Trueblue Reports First Quarter 2024 Results
6 May 24
DEFA14A
Additional proxy soliciting materials
4 Apr 24
Transcripts
TBI
Earnings call transcript
2024 Q2
5 Aug 24
TBI
Earnings call transcript
2024 Q1
6 May 24
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 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
Latest ownership filings
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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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) | 56.86 mm | 56.86 mm | 56.86 mm | 56.86 mm | 56.86 mm | 56.86 mm |
Cash burn (monthly) | 4.95 mm | 4.24 mm | 19.99 mm | 7.24 mm | 607.67 k | 181.00 k |
Cash used (since last report) | 18.60 mm | 15.93 mm | 75.05 mm | 27.17 mm | 2.28 mm | 679.66 k |
Cash remaining | 38.25 mm | 40.93 mm | -18.19 mm | 29.69 mm | 54.58 mm | 56.18 mm |
Runway (months of cash) | 7.7 | 9.7 | -0.9 | 4.1 | 89.8 | 310.4 |
Institutional ownership, Q2 2024
96.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 120 |
Opened positions | 102 |
Closed positions | 12 |
Increased positions | 7 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 289.41 bn |
Total shares | 28.84 mm |
Total puts | 100.00 |
Total calls | 700.00 |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Pzena Investment Management | 2.87 mm | $29.57 bn |
BLK BlackRock | 2.37 mm | $24.41 bn |
Vanguard | 2.08 mm | $21.46 bn |
Dimensional Fund Advisors | 1.80 mm | $18.57 bn |
FMR | 1.58 mm | $16.31 bn |
IVZ Invesco | 1.56 mm | $16.08 bn |
D. E. Shaw & Co. | 1.44 mm | $14.87 bn |
Azarias Capital Management | 1.25 mm | $12.85 bn |
Hotchkis & Wiley Capital Management | 1.12 mm | $11.51 bn |
Royce & Associates | 842.35 k | $8.68 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Oct 24 | Taryn R Owen | Common Stock | Payment of exercise | Dispose F | No | No | 7.43 | 1,436 | 10.67 k | 243,304 |
2 Oct 24 | Taryn R Owen | Common Stock | Payment of exercise | Dispose F | No | No | 7.51 | 2,472 | 18.56 k | 244,740 |
3 Sep 24 | Jason Embick | Common Stock | Grant | Acquire A | No | No | 0 | 11,493 | 0.00 | 20,840 |
3 Aug 24 | Garrett Ferencz | Common Stock | Payment of exercise | Dispose F | No | No | 11.28 | 1,064 | 12.00 k | 90,777 |
Press releases
TrueBlue to Announce Third Quarter 2024 Results
21 Oct 24
TrueBlue's Centerline Drivers Celebrates Careers in the Trucking Industry with Fourth Annual Respect the Drive Month
30 Sep 24
TrueBlue to Participate in the Sidoti Virtual Investor Conference
11 Sep 24
TrueBlue Reports Second Quarter 2024 Results
5 Aug 24