Barrett Business Services, Inc.
NASDAQ•BBSI
CEO: Mr. Gary Edward Kramer
Sector: Industrials
Industry: Staffing & Employment Services
Listing Date: 1993-06-11
Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. It offers professional employer services under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers compensation coverage, and other administration functions for the client's existing workforce. The company provides staffing and recruiting services, such as on-demand or short-term staffing assignment, contract staffing, direct placement, and long-term or indefinite-term on-site management services. It serves electronics manufacturers, light-manufacturing industries, agriculture-based companies, transportation and shipping enterprises, food processors, telecommunications companies, public utilities, general contractors in various construction-related fields, restaurant franchises, and professional services firms. Barrett Business Services, Inc. was incorporated in 1965 and is headquartered in Vancouver, Washington.
Contact Information
Market Cap
$704.68M
P/E (TTM)
12.8
20.3
Dividend Yield
1.2%
52W High
$49.65
52W Low
$25.33
52W Range
Rank22Top 8.4%
5.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$321.13M+0.00%
4-Quarter Trend
EPS
$0.65+0.00%
4-Quarter Trend
FCF
$70.64M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Total Revenue Growth Total revenues reached $1.24B USD, increasing 8.4% over 2024 results, driven by PEO segment.
PEO Segment Strength PEO services revenue grew 9.9% to $1.17B USD, supported by a 6.7% increase in average WSE count.
Cash Flow Surge Net cash provided by operating activities increased sharply to $66.0M USD in 2025, up from $10.1M.
Net Income Rises Net income rose to $54.4M USD compared to $53.0M in 2024; diluted EPS increased to $2.08 USD.
Risk Factors
California Revenue Concentration 72% of 2025 revenues derived from California; economic downturns there materially affect financial results.
Workers' Comp Renewal Risk Business model depends on renewing WC insurance coverage provided by third-party insurers through June 2026.
Technology Security Vulnerabilities Exposure to data theft, cyberattacks, and system failures could harm reputation and cause contractual liability.
Client Credit Exposure Assuming client payroll obligations creates fixed credit risk exposure regardless of timely client payment receipt.
Outlook
Growth Strategy Focus Increase market share in existing areas via branch expansion and incubating talent for future market penetration.
Geographic Expansion Plan Refine asset-light entry approach for expanding physical presence into new markets nationwide as opportunities arise.
Client Service Progression Drive value through structured three-tiered progression: Tactical Alignment, Dynamic Relationship, and Strategic Counsel.
Technology Platform Investment Continuous investment in myBBSI platform to enhance efficiency, compliance, and overall client experience delivery.
Peer Comparison
Revenue (TTM)
$2.61B
$2.46B
$1.41B
Gross Margin (Latest Quarter)
58.4%
46.6%
35.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| RDW | $1.58B | -7.2 | -29.1% | 16.0% |
| THR | $1.53B | 26.0 | 11.4% | 21.2% |
| GRC | $1.52B | 28.6 | 13.3% | 38.1% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.2%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:May 5, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data