TrueBlue Gross Profit from 2010 to 2024

TBI Stock  USD 7.31  0.07  0.97%   
TrueBlue's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is predicted to flatten to about 426.1 M. Gross Profit is the profit TrueBlue makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1995-12-31
Previous Quarter
96.7 M
Current Value
93.1 M
Quarterly Volatility
44.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TrueBlue financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TrueBlue's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.8 M, Interest Expense of 1.3 M or Selling General Administrative of 351.5 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 3.0E-4 or PTB Ratio of 1.15. TrueBlue financial statements analysis is a perfect complement when working with TrueBlue Valuation or Volatility modules.
  
Check out the analysis of TrueBlue Correlation against competitors.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.

Latest TrueBlue's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of TrueBlue over the last few years. Gross profit is a required income statement account that reflects total revenue of TrueBlue minus its cost of goods sold. It is profit before TrueBlue operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. TrueBlue's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TrueBlue's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 602.14 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

TrueBlue Gross Profit Regression Statistics

Arithmetic Mean493,894,131
Coefficient Of Variation38.29
Mean Deviation133,610,242
Median536,979,000
Standard Deviation189,125,743
Sample Variance35768.5T
Range746.9M
R-Value0.48
Mean Square Error29575.2T
R-Squared0.23
Significance0.07
Slope20,378,746
Total Sum of Squares500759.7T

TrueBlue Gross Profit History

2024426.1 M
2023506.1 M
2022602.1 M
2021560.3 M
2020440.6 M
2019626.2 M
2018665.6 M

Other Fundumenentals of TrueBlue

TrueBlue Gross Profit component correlations

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0.97-0.330.441.0-0.260.920.890.930.12-0.840.650.470.36-0.330.78-0.010.580.360.020.11-0.02-0.060.140.03
-0.39-0.33-0.55-0.330.74-0.42-0.41-0.25-0.280.08-0.34-0.37-0.220.99-0.43-0.06-0.45-0.24-0.2-0.250.260.250.150.22
0.60.44-0.550.42-0.410.710.70.5-0.18-0.160.820.92-0.05-0.540.8-0.60.230.89-0.11-0.190.180.150.110.16
0.961.0-0.330.42-0.260.910.880.920.14-0.830.640.440.4-0.330.760.020.590.330.020.15-0.03-0.070.170.04
-0.28-0.260.74-0.41-0.26-0.3-0.28-0.21-0.20.06-0.22-0.24-0.170.66-0.29-0.12-0.31-0.16-0.14-0.180.190.190.10.15
0.980.92-0.420.710.91-0.30.980.950.06-0.730.80.720.29-0.420.85-0.240.560.62-0.070.030.010.020.190.07
0.980.89-0.410.70.88-0.280.980.940.13-0.750.780.720.33-0.420.8-0.240.540.62-0.060.1-0.08-0.080.170.06
0.960.93-0.250.50.92-0.210.950.940.11-0.870.670.590.33-0.250.72-0.150.520.49-0.060.08-0.05-0.020.150.01
0.130.12-0.28-0.180.14-0.20.060.130.11-0.28-0.42-0.40.72-0.3-0.280.710.64-0.490.570.81-0.96-0.87-0.49-0.72
-0.82-0.840.08-0.16-0.830.06-0.73-0.75-0.87-0.28-0.37-0.29-0.410.09-0.51-0.05-0.4-0.2-0.18-0.230.240.240.130.19
0.740.65-0.340.820.64-0.220.80.780.67-0.42-0.370.89-0.15-0.330.91-0.660.090.86-0.38-0.350.460.420.370.38
0.620.47-0.370.920.44-0.240.720.720.59-0.4-0.290.89-0.18-0.360.82-0.760.050.98-0.22-0.340.370.340.190.29
0.360.36-0.22-0.050.4-0.170.290.330.330.72-0.41-0.15-0.18-0.22-0.130.710.63-0.260.590.85-0.69-0.49-0.2-0.57
-0.39-0.330.99-0.54-0.330.66-0.42-0.42-0.25-0.30.09-0.33-0.36-0.22-0.43-0.06-0.46-0.23-0.2-0.260.280.270.140.22
0.810.78-0.430.80.76-0.290.850.80.72-0.28-0.510.910.82-0.13-0.43-0.540.260.75-0.16-0.30.340.220.130.25
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-0.020.02-0.2-0.110.02-0.14-0.07-0.06-0.060.57-0.18-0.38-0.220.59-0.2-0.160.540.4-0.30.7-0.64-0.6-0.82-0.76
0.110.11-0.25-0.190.15-0.180.030.10.080.81-0.23-0.35-0.340.85-0.26-0.30.750.6-0.420.7-0.85-0.74-0.41-0.69
-0.05-0.020.260.18-0.030.190.01-0.08-0.05-0.960.240.460.37-0.690.280.34-0.67-0.570.45-0.64-0.850.90.580.78
-0.07-0.060.250.15-0.070.190.02-0.08-0.02-0.870.240.420.34-0.490.270.22-0.55-0.540.43-0.6-0.740.90.550.56
0.160.140.150.110.170.10.190.170.15-0.490.130.370.19-0.20.140.13-0.26-0.150.25-0.82-0.410.580.550.83
0.050.030.220.160.040.150.070.060.01-0.720.190.380.29-0.570.220.25-0.54-0.370.37-0.76-0.690.780.560.83
Click cells to compare fundamentals

About TrueBlue Financial Statements

Investors use fundamental indicators, such as TrueBlue's Gross Profit, to determine how well the company is positioned to perform in the future. Although TrueBlue's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit506.1 M426.1 M
Gross Profit Margin 0.24  0.25 

Currently Active Assets on Macroaxis

When determining whether TrueBlue offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TrueBlue's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trueblue Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trueblue Stock:
Check out the analysis of TrueBlue Correlation against competitors.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TrueBlue. If investors know TrueBlue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TrueBlue listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Earnings Share
(3.83)
Revenue Per Share
54.77
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.02)
The market value of TrueBlue is measured differently than its book value, which is the value of TrueBlue that is recorded on the company's balance sheet. Investors also form their own opinion of TrueBlue's value that differs from its market value or its book value, called intrinsic value, which is TrueBlue's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TrueBlue's market value can be influenced by many factors that don't directly affect TrueBlue's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TrueBlue's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueBlue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueBlue's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.