Barrett Business Services Inc (BBSI) - Net Assets
Based on the latest financial reports, Barrett Business Services Inc (BBSI) has net assets worth $240.15 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($777.92 Million) and total liabilities ($537.78 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BBSI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $240.15 Million |
| % of Total Assets | 30.87% |
| Annual Growth Rate | 10.33% |
| 5-Year Change | 11.69% |
| 10-Year Change | 305.87% |
| Growth Volatility | 29.9 |
Barrett Business Services Inc - Net Assets Trend (1993–2024)
This chart illustrates how Barrett Business Services Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Barrett Business Services Inc for the complete picture of this company's asset base.
Annual Net Assets for Barrett Business Services Inc (1993–2024)
The table below shows the annual net assets of Barrett Business Services Inc from 1993 to 2024. For live valuation and market cap data, see BBSI market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $221.40 Million | +11.18% |
| 2023-12-31 | $199.14 Million | +11.98% |
| 2022-12-31 | $177.84 Million | -14.72% |
| 2021-12-31 | $208.53 Million | +5.19% |
| 2020-12-31 | $198.24 Million | +15.39% |
| 2019-12-31 | $171.80 Million | +44.32% |
| 2018-12-31 | $119.04 Million | +34.00% |
| 2017-12-31 | $88.83 Million | +27.46% |
| 2016-12-31 | $69.69 Million | +27.76% |
| 2015-12-31 | $54.55 Million | +41.11% |
| 2014-12-31 | $38.66 Million | -46.72% |
| 2013-12-31 | $72.55 Million | +34.62% |
| 2012-12-31 | $53.90 Million | -46.98% |
| 2011-12-31 | $101.66 Million | +1.02% |
| 2010-12-31 | $100.63 Million | +0.51% |
| 2009-12-31 | $100.13 Million | -9.49% |
| 2008-12-31 | $110.62 Million | -2.75% |
| 2007-12-31 | $113.75 Million | +9.69% |
| 2006-12-31 | $103.70 Million | +20.79% |
| 2005-12-31 | $85.85 Million | +121.53% |
| 2004-12-31 | $38.75 Million | +26.50% |
| 2003-12-31 | $30.63 Million | -5.79% |
| 2002-12-31 | $32.52 Million | +6.49% |
| 2001-12-31 | $30.53 Million | -12.55% |
| 2000-12-31 | $34.92 Million | -6.39% |
| 1999-12-31 | $37.30 Million | +10.68% |
| 1998-12-31 | $33.70 Million | +11.96% |
| 1997-12-31 | $30.10 Million | +5.99% |
| 1996-12-31 | $28.40 Million | +42.00% |
| 1995-12-31 | $20.00 Million | +37.93% |
| 1994-12-31 | $14.50 Million | +38.10% |
| 1993-12-31 | $10.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Barrett Business Services Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9899.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $200.00 Million | 90.33% |
| Common Stock | $258.00K | 0.12% |
| Other Comprehensive Income | $-19.25 Million | -8.69% |
| Other Components | $40.40 Million | 18.25% |
| Total Equity | $221.40 Million | 100.00% |
Barrett Business Services Inc Competitors by Market Cap
The table below lists competitors of Barrett Business Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
|
$805.15 Million |
|
Ferrari Group PLC
AS:FERGR
|
$805.27 Million |
|
Time Publishing and Media Co Ltd Class A
SHG:600551
|
$805.67 Million |
|
Shandong Xiantan Co Ltd
SHE:002746
|
$805.91 Million |
|
Shengtak New Material Co Ltd
SHE:300881
|
$804.82 Million |
|
Jiangsu Allfavor Intelligent Circuits Technology CO.Ltd
SHE:300964
|
$804.79 Million |
|
Pierre et Vacances SA
PA:VAC
|
$804.56 Million |
|
Evotec SE
XETRA:EVT
|
$804.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Barrett Business Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 199,140,000 to 221,404,000, a change of 22,264,000 (11.2%).
- Net income of 52,993,000 contributed positively to equity growth.
- Dividend payments of 8,086,000 reduced retained earnings.
- Share repurchases of 29,133,000 reduced equity.
- Other comprehensive income increased equity by 1,556,000.
- Other factors increased equity by 4,934,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $52.99 Million | +23.93% |
| Dividends Paid | $8.09 Million | -3.65% |
| Share Repurchases | $29.13 Million | -13.16% |
| Other Comprehensive Income | $1.56 Million | +0.7% |
| Other Changes | $4.93 Million | +2.23% |
| Total Change | $- | 11.18% |
Book Value vs Market Value Analysis
This analysis compares Barrett Business Services Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.79x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 113.13x to 3.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $0.28 | $31.42 | x |
| 1994-12-31 | $0.37 | $31.42 | x |
| 1995-12-31 | $0.50 | $31.42 | x |
| 1996-12-31 | $0.71 | $31.42 | x |
| 1997-12-31 | $2.98 | $31.42 | x |
| 1998-12-31 | $0.73 | $31.42 | x |
| 1999-12-31 | $0.82 | $31.42 | x |
| 2000-12-31 | $0.80 | $31.42 | x |
| 2001-12-31 | $0.55 | $31.42 | x |
| 2002-12-31 | $0.55 | $31.42 | x |
| 2003-12-31 | $0.87 | $31.42 | x |
| 2004-12-31 | $0.70 | $31.42 | x |
| 2005-12-31 | $2.08 | $31.42 | x |
| 2006-12-31 | $2.22 | $31.42 | x |
| 2007-12-31 | $2.44 | $31.42 | x |
| 2008-12-31 | $2.49 | $31.42 | x |
| 2009-12-31 | $2.39 | $31.42 | x |
| 2010-12-31 | $2.43 | $31.42 | x |
| 2011-12-31 | $2.50 | $31.42 | x |
| 2012-12-31 | $1.71 | $31.42 | x |
| 2013-12-31 | $2.45 | $31.42 | x |
| 2014-12-31 | $1.35 | $31.42 | x |
| 2015-12-31 | $1.85 | $31.42 | x |
| 2016-12-31 | $2.36 | $31.42 | x |
| 2017-12-31 | $2.94 | $31.42 | x |
| 2018-12-31 | $3.89 | $31.42 | x |
| 2019-12-31 | $5.58 | $31.42 | x |
| 2020-12-31 | $6.45 | $31.42 | x |
| 2021-12-31 | $6.84 | $31.42 | x |
| 2022-12-31 | $6.15 | $31.42 | x |
| 2023-12-31 | $7.27 | $31.42 | x |
| 2024-12-31 | $8.29 | $31.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Barrett Business Services Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.63%
- • Asset Turnover: 1.54x
- • Equity Multiplier: 3.37x
- Recent ROE (23.93%) is above the historical average (14.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 20.00% | 2.09% | 5.45x | 1.75x | $1.05 Million |
| 1994 | 24.14% | 2.49% | 5.69x | 1.70x | $2.05 Million |
| 1995 | 20.50% | 2.28% | 5.74x | 1.57x | $2.10 Million |
| 1996 | 17.61% | 2.32% | 5.07x | 1.50x | $2.16 Million |
| 1997 | 12.62% | 1.35% | 5.81x | 1.61x | $790.00K |
| 1998 | 11.28% | 1.25% | 5.74x | 1.57x | $430.00K |
| 1999 | 13.67% | 1.47% | 4.92x | 1.90x | $1.37 Million |
| 2000 | 6.02% | 0.65% | 5.28x | 1.75x | $-1.39 Million |
| 2001 | -7.93% | -1.12% | 4.12x | 1.72x | $-5.48 Million |
| 2002 | -4.70% | -1.24% | 2.31x | 1.64x | $-4.23 Million |
| 2003 | 6.81% | 1.70% | 2.24x | 1.78x | $-978.40K |
| 2004 | 19.02% | 3.78% | 2.44x | 2.06x | $3.50 Million |
| 2005 | 14.55% | 5.40% | 1.60x | 1.68x | $3.90 Million |
| 2006 | 15.75% | 6.30% | 1.60x | 1.56x | $5.97 Million |
| 2007 | 14.77% | 5.81% | 1.67x | 1.52x | $5.43 Million |
| 2008 | 5.66% | 2.23% | 1.65x | 1.54x | $-4.80 Million |
| 2009 | -4.76% | -2.02% | 1.37x | 1.72x | $-14.78 Million |
| 2010 | 7.38% | 2.72% | 1.47x | 1.84x | $-2.64 Million |
| 2011 | 14.08% | 4.55% | 1.41x | 2.19x | $4.15 Million |
| 2012 | 24.36% | 3.26% | 1.76x | 4.25x | $7.74 Million |
| 2013 | 24.66% | 3.36% | 1.70x | 4.32x | $10.64 Million |
| 2014 | -70.06% | -4.26% | 1.42x | 11.60x | $-30.95 Million |
| 2015 | 46.73% | 3.44% | 1.49x | 9.11x | $20.04 Million |
| 2016 | 26.97% | 2.24% | 1.41x | 8.58x | $11.83 Million |
| 2017 | 28.33% | 2.73% | 1.35x | 7.68x | $16.29 Million |
| 2018 | 31.97% | 4.05% | 1.24x | 6.35x | $26.16 Million |
| 2019 | 28.11% | 5.12% | 1.09x | 5.01x | $31.11 Million |
| 2020 | 17.03% | 3.83% | 1.14x | 3.91x | $13.94 Million |
| 2021 | 18.26% | 3.99% | 1.28x | 3.58x | $17.23 Million |
| 2022 | 26.58% | 4.48% | 1.53x | 3.86x | $29.48 Million |
| 2023 | 25.42% | 4.73% | 1.48x | 3.62x | $30.70 Million |
| 2024 | 23.93% | 4.63% | 1.54x | 3.37x | $30.85 Million |
Industry Comparison
This section compares Barrett Business Services Inc's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $234,960,262
- Average return on equity (ROE) among peers: 4.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Barrett Business Services Inc (BBSI) | $240.15 Million | 20.00% | 2.24x | $805.13 Million |
| Atlantic International Corp. Common Stock (ATLN) | $-39.35 Million | 0.00% | 0.00x | $111.00 Million |
| BG Staffing Inc (BGSF) | $16.36 Million | -2.62% | 2.29x | $39.55 Million |
| Hirequest Inc (HQI) | $7.41 Million | 39.67% | 2.20x | $153.27 Million |
| Heidrick & Struggles International (HSII) | $410.65 Million | 19.36% | 1.86x | $1.23 Billion |
| Hudson Global Inc (HSON) | $404.38 Million | -4.17% | 0.70x | $34.56 Million |
| Professional Diversity Network Inc (IPDN) | $20.50 Million | -7.01% | 0.07x | $3.95 Million |
| GEE Group Inc (JOB) | $19.24 Million | -24.23% | 0.40x | $25.42 Million |
| Kelly Services A Inc (KELYA) | $758.56 Million | 8.37% | 0.94x | $298.34 Million |
| Kelly Services B Inc (KELYB) | $516.90 Million | 14.12% | 0.62x | $52.94 Million |
About Barrett Business Services Inc
Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. It develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. The company also offers professional employer services under which it enters into a client service… Read more