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Trueblue TBI Free cash flow margin

Free cash flow margin at other companies

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4.1%-1.4pp
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-0.4%-2.0pp
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HireQuestHQI
35.1%-8.8pp
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ZipRecruiterZIP
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3.1%

Other financials

Income statement

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Revenue$398.6M+7.6%
Gross profit$79.0M-8.5%
Operating income-$17.8M-26.4%
Net income-$19.8M-38.0%
EPS (diluted)-$0.66-37.5%

Balance sheet

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Cash & equivalents$24.1M+4.7%
Total debt$130.4M+13.2%
Total equity$256.1M-15.3%
Total assets$620.7M-10.4%

Cash flow

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Operating cash flow-$9.8M+55.8%
CapEx$2.8M-39.6%
Free cash flow-$12.6M+52.9%

Valuation

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Market cap$205.23M+4.8%
Enterprise value$311.53M+9.7%
P/S0.1×0.0×

Profitability

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Gross margin21.9%-3.7pp
Operating margin-3.1%-1.0pp
Net margin-3.2%-1.3pp

Returns & leverage

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Return on equity-19.1%-6.2pp
Debt / equity0.5×+0.1×
Current ratio2.1×+0.3×

Where this comes from

Calculated from Trueblue’s reported figures.

Based on trailing twelve months.

The official record: Trueblue’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trueblue's free cash flow margin?
Trueblue (TBI) reported free cash flow margin of -3.6% in Q1 2026.
How has Trueblue's free cash flow margin changed year-over-year?
Trueblue's free cash flow margin decreased by 17.6% year-over-year, from -3.1% to -3.6%.
What is the long-term trend for Trueblue's free cash flow margin?
Over 4 years (2020 to 2025), Trueblue's free cash flow margin has grown at a -11.1% compound annual growth rate (CAGR), from 7.3% to -4.6%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.