TrueBlueTBI -2.08%64 Return-on-Tangible-Equity is -38.28% as of Mar. 2026. GuruFocus rates TBI with a GF Score™ of 64/100 and a GF Value™ of $7.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,009 Business Services companies, TrueBlue ranks worse than 90.68% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. TrueBlue's annualized net income for the quarter that ended in Mar. 2026 was $-79 Mil. TrueBlue's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $207 Mil. Therefore, TrueBlue's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -38.28%.
The historical rank and industry rank for TrueBlue's Return-on-Tangible-Equity or its related term are showing as below:
TBI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -45.16 Med: 5.41 Max: 27.81
Current: -23.43
During the past 13 years, TrueBlue's highest Return-on-Tangible-Equity was 27.81%. The lowest was -45.16%. And the median was 5.41%.
TBI's Return-on-Tangible-Equity is ranked worse than 90.68% of 1009
companies
in the Business Services industry
Industry Median: 10.56
vs TBI: -23.43
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
TrueBlue Return-on-Tangible-Equity Related Terms
TrueBlue Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for TrueBlue's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TBI vs HQI, MHH, ATLN: Return-on-Tangible-Equity Comparison
For the Staffing & Employment Services subindustry, TrueBlue's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
TrueBlue Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, TrueBlue's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TrueBlue's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -38.28% mean?
TrueBlue (TBI) has a Return-on-Tangible-Equity of -38.28% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on TrueBlue and its competitors. According to the industry distribution chart, TrueBlue ranks #915 out of 1009 companies in the Business Services industry, placing it in the top 90.7%.
Is TrueBlue's Return-on-Tangible-Equity too high?
TrueBlue's current Return-on-Tangible-Equity is -38.28%. Based on the distribution chart, TrueBlue ranks #915 out of 1009 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, TrueBlue has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TrueBlue's Return-on-Tangible-Equity compare to HQI and MHH?
According to the Business Services industry distribution chart, TrueBlue ranks #915 out of 1009 companies for Return-on-Tangible-Equity. This places TrueBlue in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.56, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on TrueBlue and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TrueBlue's current Return-on-Tangible-Equity is -38.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TrueBlue stock overvalued right now?
Based on GuruFocus' analysis, TrueBlue (TBI) is currently considered Fairly Valued. The stock's GF Value™ is $7.65, compared to a current price of $8.00 — trading 4.6% above its estimated fair value. The current Return-on-Tangible-Equity is -38.28%. TrueBlue's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For TrueBlue (TBI), the current Return-on-Tangible-Equity is -38.28% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TrueBlue (TBI) Overvalued in 2026?
Based on GuruFocus' analysis, TrueBlue stock appears to be overvalued.
The current stock price of $8.00 is trading 4.6% above its estimated GF Value™ of $7.65.
GuruFocus considers TrueBlue to be Fairly Valued.
Key valuation signals for TBI:
Return-on-Tangible-Equity: -38.28%
GF Value™: $7.65 vs. price of $8.00 (4.6% above fair value)
No single metric tells the full story. See the TBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TrueBlue Inc is a provider of specialized workforce solutions that connect employers with talent. Its reportable segments include PeopleReady, which provides blue-collar contingent staffing and delivers on-demand and skilled labor across industries such as construction, transportation, retail, hospitality, and energy. The PeopleManagement segment offers contingent labor and outsourced industrial workforce solutions, mainly on-site at client facilities, through its OnSite and Centerline operations, focusing on workforce management and commercial driver services. PeopleSolutions delivers services focused on professional and specialized talent acquisition, as well as workforce management and compliance. The company generates the majority of its revenue from the PeopleReady segment.
64GF Score
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