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TrueBlue (TrueBlue) Net Income : $-14 Mil (TTM As of Dec. 2023)


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What is TrueBlue Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. TrueBlue's Net Income for the three months ended in Dec. 2023 was $-3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-14 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. TrueBlue's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.08.


TrueBlue Net Income Historical Data

The historical data trend for TrueBlue's Net Income 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.

* Premium members only.

TrueBlue Net Income Chart

TrueBlue Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.07 -141.84 61.63 62.27 -14.17

TrueBlue Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.05 -4.29 -7.32 -0.01 -2.55

TrueBlue Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

TrueBlue's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-20.645+6.472+0+-1.7763568394003E-15
=-14

TrueBlue's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-7.402+4.851+0+0
=-3

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14 Mil.

* 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.


TrueBlue  (NYSE:TBI) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

TrueBlue's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


TrueBlue Net Income Related Terms

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TrueBlue (TrueBlue) Business Description

Traded in Other Exchanges
N/A
Address
1015 A Street, Tacoma, WA, USA, 98402
TrueBlue Inc is a provider of staffing and workforce management solutions. The company's reportable segments include PeopleReady offers industrial staffing services. PeopleManagement offers contingent and productivity-based on-site industrial staffing services and PeopleScout offers recruitment process outsourcing, talent advisory services, and managed service provider services. It generates maximum revenue from the PeopleReady segment.
Executives
Kim Harris Jones director THREE LAKES DRIVE, NORTHFIELD IL 60093
Sonita Lontoh director C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Robert C. Kreidler director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Richard P. Betori officer: EVP; President - PeopleScout 1015 A STREET, TACOMA WA 98402
Taryn R Owen officer: EVP,President - PeopleScout 1015 A ST, TACOMA WA 98402
Kristi A Savacool director 100 HALF DAY ROAD, LINCOLNSHIRE IL 60069
Paul G Reitz director 1301 FIRST AVENUE, COLUMBUS GA 31901
Carl Schweihs officer: EVP, President - PeopleMgmt 1015 A STREET, TACOMA WA 98402
Kristy A. Fitzsimmons-willis officer: EVP; President - PeopleReady 1015 A STREET, TACOMA WA 98402
Garrett Ferencz officer: EVP, Chief Legal Officer 1015 A STREET, TACOMA WA 98402
William C. Goings director 1015 A ST, TACOMA WA 98402
Derrek Lane Gafford officer: EVP and CFO 1015 A STREET, P.O. BOX 2910, TACOMA WA 98402
Richard Christensen officer: SVP, Chief Accounting Officer 1015 A STREET, TACOMA WA 98402
Steven C Cooper director PO BOX 2910, TACOMA WA 98401-2910
A. Patrick Beharelle officer: CEO 1015 A STREET, TACOMA WA 98402