TrueBlue, Inc. (TBI) Financial Statements (2024 and earlier)

Company Profile

Business Address 1015 A STREET
TACOMA, WA 98402
State of Incorp. WA
Fiscal Year End December 31
Industry (SIC) 7363 - Help Supply Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments725063384729
Cash and cash equivalents725063384729
Receivables326364290353361379
Prepaid expense999   
Asset, held-in-trust    24  
Other current assets13139   
Other undisclosed current assets1010972221
Total current assets:430445379422430428
Noncurrent Assets
Operating lease, right-of-use asset51556641
Property, plant and equipment968872665860
Intangible assets, net (including goodwill)110117124311329331
Goodwill949595237237227
Intangible assets, net (excluding goodwill)1622297491105
Restricted cash and investments214221241231235239
Deferred income tax assets262930 
Other noncurrent assets181617171446
Deferred tax assets, net44
Other undisclosed noncurrent assets7561534845 
Total noncurrent assets:589588602714685681
TOTAL ASSETS:1,0191,0339811,1361,1151,109
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:777762687055
Employee-related liabilities62189687777
Accrued liabilities51     
Other undisclosed accounts payable and accrued liabilities2616(126)1(7)(22)
Debt    14  
Deferred compensation liability 22     
Other liabilities1184723
Other undisclosed current liabilities134174203141154154
Total current liabilities:243259269231226212
Noncurrent Liabilities
Long-term debt and lease obligation  55552980116
Long-term debt, excluding current maturities     80116
Liabilities, other than long-term debt280227220213218225
Accounts payable and accrued liabilities201195189183190197
Deferred compensation liability, classified262926272222
Other liabilities234466
Operating lease, liability51555529
Other undisclosed noncurrent liabilities    37  
Total noncurrent liabilities:280282274279298342
Total liabilities:523540543510523554
Equity
Equity, attributable to parent, including:496493437626591555
Accumulated other comprehensive loss(20)(16)(15)(13)(15)(7)
Retained earnings516509452639606562
Other undisclosed equity, attributable to parent000000
Total equity:496493437626591555
TOTAL LIABILITIES AND EQUITY:1,0191,0339811,1361,1151,109

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues2,2542,1741,8462,3692,4992,509
Revenue, net2,509
Cost of revenue
(Cost of Goods and Services Sold)
(1,652)(1,613)(1,406)(1,743)(1,834)(1,874)
Gross profit:602560441626666634
Operating expenses(538)(494)(628)(560)(592)(557)
Other operating income (expense), net
(Other Nonrecurring (Income) Expense)
(4)(4)2   
Other undisclosed operating income12610   
Operating income (loss):7268(175)667478
Nonoperating income (expense)   42(0)
Interest and debt expense    (3)(5)(5)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  2355
Income (loss) from continuing operations before equity method investments, income taxes:7268(173)707678
Other undisclosed income from continuing operations before income taxes15    
Income (loss) from continuing operations before income taxes:7374(173)707678
Income tax expense (benefit)(11)(12)31(7)(10)(22)
Income (loss) from continuing operations:6262(142)636655
Income (loss) before gain (loss) on sale of properties:62(142)636655
Net income (loss) available to common stockholders, diluted:6262(142)636655

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):6262(142)636655
Other comprehensive income (loss) (4)(1)(2)1(6)5
Other undisclosed comprehensive loss      
Comprehensive income (loss):5861(143)645960
Other undisclosed comprehensive income, net of tax, attributable to parent      
Comprehensive income (loss), net of tax, attributable to parent:5861(143)645960

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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