TrueBlue (TBI) Net Margin (2009 - 2026)
TrueBlue (TBI) posted quarterly Net Margin of 4.97% for Q1 2026, down 109.0% year-over-year from 55.18% in Q1 2025, and up 34.14% quarter-over-quarter from 7.54% in Q4 2025.
TrueBlue (TBI) Net Margin (2009 - 2026) Analysis & Trends
TrueBlue (TBI) has reported Net Margin for 18 consecutive years, with 4.97% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 109.0% year-over-year to 4.97%; the TTM figure through Mar 2026 stood at 3.25% (up 577.0% YoY), while the FY2025 annual figure was 2.97%, up 505.0% from the prior year.
- Net Margin climbed to 4.97% in Q1 2026 per TBI's latest filing, from 7.54% in the prior quarter.
- Across five years, Net Margin topped out at 4.22% in Q2 2022 and bottomed at 26.43% in Q2 2024.
- Historically, Net Margin has averaged 2.4% across 5 years, with a median of 0.52% in 2023.
- Annual changes were most pronounced in 2024 — Net Margin tumbled 2489 bps — and 2025, when it surged 2639 bps.
- TrueBlue's Net Margin stood at 1.26% in 2022, then tumbled by 141 bps to 0.52% in 2023, then slumped by 485 bps to 3.03% in 2024, then slumped by 149 bps to 7.54% in 2025, then soared by 34 bps to 4.97% in 2026.
- Business Quant data shows TBI's Net Margin at 4.97% in Q1 2026, 7.54% in Q4 2025, and 0.44% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.40 Bn | 4.08 Bn | 474.03 Mn | 1.97% |
| 2 | Korn Ferry | 4.34 Bn | 3.21 Bn | 685.99 Mn | 9.61% |
| 3 | Trinet | 3.13 Bn | 1.25 Bn | - | 4.50% |
| 4 | ManpowerGroup | 2.84 Bn | 2.66 Bn | 780.30 Mn | 1.10% |
| 5 | Insperity | 1.97 Bn | 1.35 Bn | 217.00 Mn | 0.24% |
| 6 | Kforce | 974.27 Mn | 973.94 Mn | 99.45 Mn | 3.53% |
| 7 | Barrett Business Services | 802.27 Mn | 702.88 Mn | 64.85 Mn | 4.03% |
| 8 | Kelly Services | 579.66 Mn | 555.46 Mn | 212.00 Mn | 1.10% |
| 9 | TrueBlue | 318.43 Mn | 295.18 Mn | 91.58 Mn | -0.76% |
| 10 | HireQuest | 233.88 Mn | 232.24 Mn | - | 33.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | -0.76% |
| Mar 29, 2026 | -4.97% |
| Dec 28, 2025 | -7.54% |
| Sep 28, 2025 | -0.44% |
| Jun 29, 2025 | -0.04% |
| Mar 30, 2025 | -3.88% |
| Dec 29, 2024 | -3.03% |
| Sep 29, 2024 | -2.00% |
| Jun 30, 2024 | -26.43% |
| Mar 31, 2024 | -0.42% |
| Dec 31, 2023 | -0.52% |
| Sep 24, 2023 | 0.00% |
| Jun 25, 2023 | -1.54% |
| Mar 26, 2023 | -0.92% |
| Dec 25, 2022 | 1.26% |
| Sep 25, 2022 | 3.59% |
| Jun 26, 2022 | 4.22% |
| Mar 27, 2022 | 1.91% |
| Dec 26, 2021 | 3.25% |
| Sep 26, 2021 | 3.23% |