TrueBlue (TBI) Asset Utilization Ratio (2010 - 2026)
TrueBlue (TBI) posted quarterly Asset Utilization Ratio of 2.61 for Q1 2026, up 16.37% year-over-year from 2.24 in Q1 2025, and up 7.4% quarter-over-quarter from 2.43 in Q4 2025.
TrueBlue (TBI) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
TrueBlue (TBI) has reported Asset Utilization Ratio for 17 consecutive years, with 2.61 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 16.37% year-over-year to 2.61; the TTM figure through Mar 2026 stood at 2.61 (up 16.37% YoY), while the FY2025 annual figure was 2.46, up 23.56% from the prior year.
- Asset Utilization Ratio grew to 2.61 in Q1 2026 per TBI's latest filing, from 2.43 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 2.61 in Q1 2026 and bottomed at 2.09 in Q1 2024.
- Historically, Asset Utilization Ratio has averaged 2.27 across 5 years, with a median of 2.25 in 2022.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio grew 21.8% — and 2023, when it dropped 8.76%.
- TrueBlue's Asset Utilization Ratio stood at 2.25 in 2022, then dropped by 6.68% to 2.1 in 2023, then climbed by 8.28% to 2.28 in 2024, then rose by 6.87% to 2.43 in 2025, then increased by 7.4% to 2.61 in 2026.
- Business Quant data shows TBI's Asset Utilization Ratio at 2.61 in Q1 2026, 2.43 in Q4 2025, and 2.32 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.38 Bn | 4.06 Bn | 474.03 Mn | 1.90 |
| 2 | Korn Ferry | 4.35 Bn | 3.22 Bn | 685.99 Mn | 0.73 |
| 3 | Trinet | 3.16 Bn | 1.29 Bn | - | 1.44 |
| 4 | ManpowerGroup | 2.84 Bn | 2.66 Bn | 780.30 Mn | 2.23 |
| 5 | Insperity | 1.98 Bn | 1.36 Bn | 217.00 Mn | 3.10 |
| 6 | Kforce | 972.09 Mn | 971.76 Mn | 99.45 Mn | 3.38 |
| 7 | Barrett Business Services | 807.62 Mn | 708.23 Mn | 64.85 Mn | 1.69 |
| 8 | Kelly Services | 579.49 Mn | 555.29 Mn | 212.00 Mn | 1.79 |
| 9 | TrueBlue | 320.26 Mn | 297.01 Mn | 91.58 Mn | 2.72 |
| 10 | HireQuest | 232.43 Mn | 230.79 Mn | - | 0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 2.72 |
| Mar 29, 2026 | 2.61 |
| Dec 28, 2025 | 2.43 |
| Sep 28, 2025 | 2.32 |
| Jun 29, 2025 | 2.25 |
| Mar 30, 2025 | 2.24 |
| Dec 29, 2024 | 2.28 |
| Sep 29, 2024 | 2.35 |
| Jun 30, 2024 | 2.22 |
| Mar 31, 2024 | 2.09 |
| Dec 31, 2023 | 2.10 |
| Sep 24, 2023 | 2.14 |
| Jun 25, 2023 | 2.20 |
| Mar 26, 2023 | 2.19 |
| Dec 25, 2022 | 2.25 |
| Sep 25, 2022 | 2.35 |
| Jun 26, 2022 | 2.35 |
| Mar 27, 2022 | 2.25 |
| Dec 26, 2021 | 2.13 |
| Sep 26, 2021 | 2.04 |