TrueBlue, Inc. TBI
TrueBlue, Inc. (TBI) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $1.6B at a -3.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.27 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.249 |
| Retained earnings / assets | 0.464 |
| EBIT / assets | -0.073 |
| Equity / liabilities | 0.754 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| TBI | TrueBlue, Inc. | 4/9 | 3.45 | — | +3.1% |
| KFRC | KFORCE INC | 4/9 | 7.97 | 25.4 | -5.4% |
| BBSI | BARRETT BUSINESS SERVICES INC | 5/9 | 2.87 | 16.3 | +8.4% |
| TTEC | TTEC Holdings, Inc. | 5/9 | 1.72 | — | -3.2% |
| CCRN | CROSS COUNTRY HEALTHCARE INC | 5/9 | 5.47 | — | -21.6% |
| AMN | AMN HEALTHCARE SERVICES INC | 5/9 | 2.07 | — | -8.5% |
| ATLN | ATLANTIC INTERNATIONAL CORP. | 3/9 | -10.78 | — | -1.5% |
About TrueBlue, Inc.
TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleSolutions. The PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and energy industries. The PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehousing, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The PeopleSolutions segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform for sourcing, screening, and delivering a permanent workforce to its clients; talent advisory solutions, such as employer branding, recruitment marketing, talent insights, candidate assessment, and talent acquisition strategy consulting services; and contingent labor programs, including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company was incorporated in 1985 and is headquartered in Tacoma, Washington.
FAQ
Is TBI financially healthy?
TrueBlue, Inc.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does TBI pay a dividend?
No, TrueBlue, Inc. does not currently pay a dividend.
How profitable is TBI?
In FY2025, TrueBlue, Inc. had a net margin of -3.0% and a return on equity of -17.5%.
Is TBI overvalued or undervalued?
TrueBlue, Inc. trades at about 5.3× trailing earnings — below its 10-year norm (10-year range 10.6×–22.6×, median 15.3×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for TBI?
The average Wall-Street price target for TrueBlue, Inc. is $8.50, about 14.3% below the recent price, from 2 analysts.
Is TBI a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on TrueBlue, Inc.: a Piotroski F-score of 4/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-28. Facts plus Stocktoria's own computed scores — not investment advice.