TrueBlue (TBI) Gross Margin (2009 - 2026)
TrueBlue's Gross Margin was 20.67% in Q2 2026, down 2.94 percentage points from 23.61% a year earlier but up 0.85 percentage points from the prior quarter.
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Analysis
TrueBlue (TBI) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, TrueBlue's Gross Margin was 21.20% through Jun 28, 2026, down 3.72 percentage points year-over-year; for FY2025, it was 22.76%, down 3.17 percentage points from FY2024.
- Gross Margin has now declined for three consecutive years, with a five-year change of -1.10 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 25.93% in FY2024 (-0.62 pp), 26.55% in FY2023 (-0.16 pp), 26.71% in FY2022 (+0.93 pp) and 25.78% in FY2021 (+1.91 pp).
- Quarterly Gross Margin has moved between 19.83% (Q1 2026) and 27.85% (Q2 2022) over five years.
- Compared with a year earlier, Gross Margin has declined for six straight quarters, with an average year-over-year change of -2.33 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q4 2021 (a gain of 3.52 percentage points); the worst was Q4 2025 (a drop of 5.04 percentage points).
- Per Business Quant data, TBI's Gross Margin in the three quarters before Q2 2026 was 19.83% (Q1 2026), 21.53% (Q4 2025) and 22.70% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 32.77% |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 50.95% |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | 52.76% |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | 31.19% |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | 52.84% |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | 8.51% |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | 51.10% |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | 70.95% |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | - |
| 10 | TrueBlue | 280.08 Mn | 188.30 Mn | 91.58 Mn | 20.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 20.67% |
| Mar 29, 2026 | 19.83% |
| Dec 28, 2025 | 21.53% |
| Sep 28, 2025 | 22.70% |
| Jun 29, 2025 | 23.61% |
| Mar 30, 2025 | 23.32% |
| Dec 29, 2024 | 26.57% |
| Sep 29, 2024 | 26.16% |
| Jun 30, 2024 | 26.35% |
| Mar 31, 2024 | 24.67% |
| Dec 31, 2023 | 26.06% |
| Sep 24, 2023 | 26.24% |
| Jun 25, 2023 | 27.44% |
| Mar 26, 2023 | 26.46% |
| Dec 25, 2022 | 26.51% |
| Sep 25, 2022 | 27.08% |
| Jun 26, 2022 | 27.85% |
| Mar 27, 2022 | 25.36% |
| Dec 26, 2021 | 26.82% |
| Sep 26, 2021 | 25.39% |
API Access
TrueBlue Gross Margin 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=gross-margin&ticker=TBI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=TBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();