TrueBlue (TBI) Asset Utilization Ratio (2010 - 2026)
TrueBlue's (TBI) Asset Utilization Ratio was 2.72 for Q2 2026, up 20.9% from 2.25 a year earlier and up 4.1% from the prior quarter.
Analysis
TrueBlue (TBI) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at TrueBlue was 2.46, up 23.6% from FY2024.
- By year, Asset Utilization Ratio came in at 1.99 in FY2024 (+0.2%), 1.99 in FY2023 (-9.5%), 2.20 in FY2022 (+1.7%) and 2.16 in FY2021 (+23.7%).
- The Q2 2026 figure ranks as the highest quarterly Asset Utilization Ratio since Q2 2011.
- Year over year, Asset Utilization Ratio has now increased in each of the last three quarters, with growth averaging 8.8% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q1 2022 (growth of 21.8%); the low point was Q3 2023 (a decline of 8.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.61 (Q1 2026), 2.43 (Q4 2025) and 2.32 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 1.08 |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 1.09 |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | 0.35 |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | 0.89 |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | 1.20 |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | 1.43 |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | 1.04 |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | 0.87 |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | - |
| 10 | TrueBlue | 280.08 Mn | 188.30 Mn | 91.58 Mn | 2.72 |
Historic Data
Download Data
Historic 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 |
API Access
TrueBlue Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();