BBSIBARRETT BUSINESS SERVICES INC
Services-Help Supply Services
- Revenue
- $1.2B
- 8.4% YoY
- Operating margin
- 5.0%
- 4.0% YoY
- EBITDA
- $70M
- 4.5% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.3×
- −$24M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear121% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear76% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear7% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $955M | $1.1B | $1.1B | $1.1B | $1.2B | 8.4% |
| Operating income | $44M | $59M | $61M | $60M | $62M | 4.0% |
| Net income | $38M | $47M | $51M | $53M | $54M | 2.7% |
| Operating cash flow | −$15M | $28M | $67M | $10M | $66M | 554% |
| Capex | $7M | $16M | $12M | $14M | $19M | 33% |
| Stock-based comp | $5M | $7M | $8M | $9M | $10M | 17% |
| Buybacks | $17M | $47M | $34M | $29M | $42M | 44% |
| Dividends | $9M | $9M | $8M | $8M | $8M | 1.2% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 226 | 122 |
| FY2024 | — | — | 269 | 143 |
| FY2023 | — | — | 177 | 120 |
| FY2022 | — | — | 141 | 113 |
| FY2021 | — | — | 102 | 151 |