# TrueBlue, Inc. (TBI) · Edgar & Edgarette company card

> TrueBlue (TBI) grew revenue 3.1% in FY2025 to $1.6 billion, operating margin -2.9% against a -1.8% median for services-help supply services, equity 43.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 768899 · fiscal year ended 2025-12-28 · 5 audited years read · [page](https://www.pops4.com/boards/company/TBI) · [JSON](https://www.pops4.com/boards/company/TBI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.6B |
| Revenue growth, 1 year | 3.1% |
| Revenue growth per year | -7.1% |
| Operating margin | -2.9% (prior year -5.9%) |
| Net margin | -3.0% |
| Operating cash flow | −$58M |
| Capital spending | $16M |
| Free cash flow | −$74M |
| Cash | $25M |
| Long-term debt | $66M |
| Total assets | $639M |
| Total equity | $275M |
| Equity ÷ assets | 43.0% |
| Return on equity | -17.5% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 3.45 (safe zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -2.34 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $1.6B (FY2025), total debt $65.8M. Experience: revenue up 3.1% on the year, down 7.1% a year over 4 years; operating margin -2.9%, up from -5.9%. Soundness: equity 43.0% of assets, return on equity -17.5%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.3B and $1.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.2B to $2.0B. A statistical range, not company guidance. Against peers (12 filers, $50M+ revenue, services-help supply services): operating margin -2.9% against a -1.8% median; growth 3.1% against -3.1%.

Range logged 2026-10-27, receipt 8166ef7253e43d43, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-10-26 ([filing](https://www.sec.gov/Archives/edgar/data/768899/000199937126023546/0001999371-26-023546-index.htm))

## Recent filings

- 8-K · filed 2026-10-26 · 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/768899/000199937126023546/0001999371-26-023546-index.htm)
- 10-Q · filed 2026-08-04 · [filing](https://www.sec.gov/Archives/edgar/data/768899/000076889926000026/0000768899-26-000026-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/768899/000076889926000025/0000768899-26-000025-index.htm)
- 8-K · filed 2026-05-15 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/768899/000076889926000022/0000768899-26-000022-index.htm)
- 8-K · filed 2026-05-06 · 1.01 Entry into a Material Definitive Agreement; 3.03 Material Modifications to Rights of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/768899/000199937126010105/0001999371-26-010105-index.htm)
- 10-Q · filed 2026-05-05 · [filing](https://www.sec.gov/Archives/edgar/data/768899/000076889926000019/0000768899-26-000019-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000768899.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=768899

## Cite

POPS4, Edgar & Edgarette: TrueBlue, Inc. (TBI) company card, from the company's own SEC filings, accessed 2026-10-27, https://www.pops4.com/boards/company/TBI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.