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. • SIMOS Insourcing Solutions, LLC ...
IRS number
911287341
TBI stock data
Latest filings (excl ownership)
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
S-8
Registration of securities for employees
24 Jul 23
10-Q
2023 Q2
Quarterly report
24 Jul 23
8-K
Trueblue Reports Second Quarter 2023 Results
24 Jul 23
UPLOAD
Letter from SEC
6 Jul 23
CORRESP
Correspondence with SEC
30 Jun 23
UPLOAD
Letter from SEC
21 Jun 23
Transcripts
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
TBI
Earnings call transcript
2021 Q2
27 Jul 21
Latest ownership filings
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 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
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| Change in cash | |||||
| 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) | 14.36 mm | 4.50 mm | 2.28 mm | 1.72 mm | 1.08 mm | n/a |
| Cash remaining | 76.20 mm | 86.05 mm | 88.28 mm | 88.84 mm | 89.48 mm | n/a |
| Runway (months of cash) | 13.3 | 47.9 | 97.2 | 129.5 | 207.3 | n/a |
Institutional ownership, Q3 2023
96.3% 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Dec 23 | Kristy A. Fitzsimmons-Willis | Common Stock | Payment of exercise | Dispose F | No | No | 14.54 | 653 | 9.49 k | 41,896 |
| 1 Dec 23 | Richard P. Betori | Common Stock | Payment of exercise | Dispose F | No | No | 14.54 | 544 | 7.91 k | 51,887 |
| 1 Dec 23 | Jeffrey B Sakaguchi | Common Stock | Gift | Dispose G | No | No | 0 | 358 | 0.00 | 54,127 |
| 6 Nov 23 | Sonita Lontoh | Common Stock | Buy | Acquire P | No | No | 12.67 | 8,000 | 101.36 k | 20,674 |
| 6 Nov 23 | Jones Kim Harris | Common Stock | Buy | Acquire P | No | No | 12.62 | 2,000 | 25.24 k | 41,798 |
News
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2 Nov 23
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24 Oct 23
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24 Oct 23
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24 Oct 23
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24 Oct 23
Press releases
Sidoti Events, LLC's Virtual December Small-Cap Conference
5 Dec 23
TrueBlue's PeopleReady Earns Dual Awards for Innovative JobStack App
30 Nov 23
TrueBlue's PeopleReady Helps Develop the Next Generation of Skilled Tradespeople with Workforce Development Program
16 Nov 23
TrueBlue Reports Third Quarter 2023 Results
23 Oct 23
TrueBlue Announces Greg Netolicky as Chief People Officer
23 Oct 23