TrueBlue, Inc.
TBIIndustrials · Industrials · Accelerated filer<br>Smaller reporting company · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.62B | $1.57B | $1.91B | $2.25B | $2.17B | $1.85B |
| Operating income | −$46.6M | −$92.8M | −$23.9M | $72.2M | $68.4M | −$174.9M |
| Net income | −$48.0M | −$125.7M | −$14.2M | $62.3M | $61.6M | −$141.8M |
| Total assets | $638.7M | $675.4M | $899.4M | $1.02B | $1.03B | $980.6M |
| Total liabilities | $364.1M | $360.0M | $441.5M | $523.1M | $540.2M | $543.4M |
| Equity | $274.6M | $315.4M | $457.9M | $496.3M | $493.1M | $437.2M |
| EPS (diluted) | $-1.61 | $-4.17 | $-0.45 | $1.86 | $1.74 | $-4.01 |
| Shares out. | 29.7M | 31.4M | 32.8M | 34.5M | 35.5M | 38.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −2.9%
- Net margin
- −3.0%
- Return on equity
- −17.5%
- Return on assets
- −7.5%
- Return on capital (ROCE)
- −9.3%
- Liabilities / assets
- 57.0%
- Debt / equity
- 1.33×
- Book value / share
- $9.24
- Revenue growth (YoY)
- 3.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 3.45safe
- Accruals / assets
- 1.6%clean
- Beneish M-Score
- -2.27normal
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 warning● 3 good- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Boston PartnersPassive (13G)May 14, 2026
- Invesco Ltd.Passive (13G)May 8, 2026
- Pzena Investment Management LlcPassive (13G)May 5, 2026
- Royce & Associates LpPassive (13G)Apr 22, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Charles Schwab Investment Management IncPassive (13G)Feb 12, 2026
- Fmr LlcPassive (13G)Aug 6, 2025
- Blackrock, Inc.Passive (13G)Jul 16, 2025
- Dimensional Fund Advisors LpPassive (13G)Apr 15, 2025
- Azarias Capital Management, L.P.Passive (13G)Apr 9, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 1.2M | 2.7 | -28.1% |
| Apr 30, 2026 | 1.7M | 4.4 | +8.4% |
| Apr 15, 2026 | 1.6M | 8.7 | +3.9% |
| Mar 31, 2026 | 1.5M | 2.4 | -15.5% |
| Mar 13, 2026 | 1.8M | 8.6 | -6.4% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 15, 2026
- Entered a material agreement · Modified shareholder rightsMay 6, 2026
- Results of operations · Regulation FD disclosureMay 5, 2026
- Entered a material agreement · Regulation FD disclosureApr 13, 2026
- Results of operations · Regulation FD disclosureFeb 18, 2026
- Entered a material agreement · New financial obligationFeb 3, 2026
- Director / officer changeJan 12, 2026
- Other material eventJan 9, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KTBI FORM 8-KMay 15, 2026
- SCHEDULE 13G/AMay 14, 2026
- SCHEDULE 13G/AMay 8, 2026
- 25-NSEMay 7, 2026
- 8-KCURRENT REPORTMay 6, 2026
- 10-QTRUEBLUE FORM 10-QMay 5, 2026
- 8-KTRUEBLUE FORM 8-KMay 5, 2026
- SCHEDULE 13G/AMay 5, 2026
- SCHEDULE 13G/AApr 22, 2026
- DEF 14ADEFINITIVE PROXY STATEMENTApr 14, 2026
- 8-KCURRENT REPORTApr 13, 2026
- 4FORM 4Apr 7, 2026
- SCHEDULE 13G/AApr 7, 2026
- SCHEDULE 13G/AMar 27, 2026
- DEFA14AADDITIONAL DEFINITIVE PROXY SOLICITING MATERIALSMar 3, 2026
Event-driven situations (1)
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