TrueBlue Inc (TBI) - Total Assets
Based on the latest financial reports, TrueBlue Inc (TBI) holds total assets worth $620.67 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check TrueBlue Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
TrueBlue Inc - Total Assets Trend (1995–2025)
This chart illustrates how TrueBlue Inc's total assets have evolved over time, based on quarterly financial data. Explore TBI long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
TrueBlue Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
TrueBlue Inc's total assets of $620.67 Million consist of 46.6% current assets and 53.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $24.51 Million | 3.8% |
| Accounts Receivable | $241.23 Million | 37.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $107.16 Million | 16.8% |
| Intangible Assets | $18.09 Million | 2.8% |
| Goodwill | $42.50 Million | 6.7% |
Asset Composition Trend (1995–2025)
This chart illustrates how TrueBlue Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see TrueBlue Inc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TrueBlue Inc's current assets represent 46.6% of total assets in 2025, a decrease from 77.2% in 1995.
- Cash Position: Cash and equivalents constituted 3.8% of total assets in 2025, down from 20.5% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, a decrease from 46.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 37.8% of total assets.
TrueBlue Inc Competitors by Total Assets
Key competitors of TrueBlue Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ogunsen AB Series B
ST:OGUN-B
|
Sweden | Skr127.80 Million |
|
GO2 People Ltd
AU:GO2
|
Australia | AU$14.40K |
|
Mcmillan Shakespeare Ltd
AU:MMS
|
Australia | AU$1.48 Billion |
|
Peoplein Ltd
AU:PPE
|
Australia | AU$300.49 Million |
|
Hitech Group Australia Ltd
AU:HIT
|
Australia | AU$18.17 Million |
|
Ashley Services Group Ltd
AU:ASH
|
Australia | AU$93.75 Million |
|
Ignite Ltd
AU:IGN
|
Australia | AU$13.39 Million |
|
Hiremii Ltd
AU:HMI
|
Australia | AU$5.03 Million |
TrueBlue Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.09 | 1.80 | 1.58 |
| Quick Ratio | 2.09 | 1.80 | 1.52 |
| Cash Ratio | 0.00 | 0.15 | 0.38 |
| Working Capital | $157.43 Million | $124.72 Million | $157.99 Million |
TrueBlue Inc - Advanced Valuation Insights
This section examines the relationship between TrueBlue Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.66 |
| Latest Market Cap to Assets Ratio | 0.27 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | $638.67 Million |
| Market Capitalization | $170.57 Million USD |
Valuation Analysis
Below Book Valuation: The market values TrueBlue Inc's assets below their book value (0.27x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TrueBlue Inc's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TrueBlue Inc (1995–2025)
The table below shows the annual total assets of TrueBlue Inc from 1995 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $638.67 Million | -5.44% |
| 2024-12-31 | $675.38 Million | -24.91% |
| 2023-12-31 | $899.38 Million | -11.77% |
| 2022-12-31 | $1.02 Billion | -1.34% |
| 2021-12-31 | $1.03 Billion | +5.37% |
| 2020-12-31 | $980.58 Million | -13.69% |
| 2019-12-31 | $1.14 Billion | +1.91% |
| 2018-12-31 | $1.11 Billion | +0.52% |
| 2017-12-31 | $1.11 Billion | -1.89% |
| 2016-12-31 | $1.13 Billion | -12.32% |
| 2015-12-31 | $1.29 Billion | +21.03% |
| 2014-12-31 | $1.07 Billion | +48.07% |
| 2013-12-31 | $719.46 Million | +19.56% |
| 2012-12-31 | $601.74 Million | +7.31% |
| 2011-12-31 | $560.77 Million | +2.62% |
| 2010-12-31 | $546.47 Million | +5.47% |
| 2009-12-31 | $518.13 Million | -0.30% |
| 2008-12-31 | $519.67 Million | -4.69% |
| 2007-12-31 | $545.25 Million | -7.94% |
| 2006-12-31 | $592.31 Million | +3.54% |
| 2005-12-31 | $572.08 Million | +28.81% |
| 2004-12-31 | $444.11 Million | +22.33% |
| 2003-12-31 | $363.03 Million | +14.45% |
| 2002-12-31 | $317.20 Million | +48.20% |
| 2001-12-31 | $214.03 Million | +4.19% |
| 2000-12-31 | $205.42 Million | +17.72% |
| 1999-12-31 | $174.50 Million | +33.51% |
| 1998-12-31 | $130.70 Million | +62.56% |
| 1997-12-31 | $80.40 Million | +25.04% |
| 1996-12-31 | $64.30 Million | +145.59% |
| 1995-12-31 | $26.18 Million | -- |
About TrueBlue Inc
TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleSolutions. The PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufactu… Read more