TrueBlue, Inc. (TBI)
NYSEIndustrialsStaffing & Employment ServicesSnapshot 2026-09-04
NYSEIndustrialsStaffing & Employment ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · TBI
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue pursuing mergers and acquisitions to drive growth and enhance market position.
Stated as a priority in 2 of last 2 quarters. Revenue grew from $370.3M in 2025-Q1 to $398.6M in 2026-Q1 (8% growth) and further to $443.0M in 2026-Q2 (12% growth year-over-year). Management emphasized strategic acquisitions and market position strengthening, indicating delivery on growth initiatives.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 53% of the time over the next year (vs 58% for the rest of the cohort, n=6963).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“We are strengthening our market position, capturing demand in attractive, high-growth end markets.”
“We are making meaningful progress advancing our long-term growth strategy.”
Manage capital structure prudently including credit facility usage and liquidity to support operations and growth.
Stated as a priority in 2 of last 2 quarters. Total liquidity improved from $60M in 2026-Q1 to $79M in 2026-Q2, supported by increased borrowing capacity and cash management. Debt rose from $74M to $82M over the same period. Management is maintaining prudent capital allocation and credit facility management, delivering on liquidity goals.
“Cash of $23 million, debt of $82 million and $56 million of unused borrowing base, for total liquidity of $79 million at period end.”
“Cash of $24 million, debt of $74 million and $36 million unused on our borrowing base, for total liquidity of $60 million at period end.”
Focus on operational efficiencies and cost control to enhance profitability and margin expansion.
Stated as a priority in 2 of last 2 quarters. SG&A expense declined from $90M in 2025-Q2 to $84M in 2026-Q2 (-7%), while adjusted EBITDA rose from $3M to $11M over the same period. Management's focus on operational and cost discipline is reflected in improved profitability metrics, indicating delivery on this priority.
“SG&A expense improved 7 percent to $84 million compared to $90 million in the prior year period.”
“SG&A expense improved 8 percent to $87 million compared to $95 million in the prior year period.”
Improve overall financial results including revenue growth, adjusted net income, and reduced net loss.
Stated as a priority in 2 of last 2 quarters. Revenue grew from $396.3M in 2025-Q2 to $443.0M in 2026-Q2 (12% growth). Adjusted net income per diluted share improved from a loss of $0.07 in 2025-Q2 to a gain of $0.06 in 2026-Q2. Management's focus on financial performance shows progress with improved earnings results.
“Adjusted net income per diluted share was $0.06 compared to adjusted net loss per diluted share of $0.07 in the prior year period.”
“Adjusted net loss per diluted share was $0.41 compared to adjusted net loss per diluted share of $0.40 in the prior year period.”
Over the trailing year it converted 0.81x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
9 material management or governance events in the past 24 months, led by M&A activity. Historically, Industrials names rated neutral grew net income 58% of the time over the next year (vs 56% for the rest of the cohort, n=3431).
Not investment advice. As of 2026-09-04.