BBSI

Barrett Business Services, Inc.

Fundamental data last updated:June 19, 2026

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company profile

SECTOR

Industrials

industry

Staffing & Employment Services

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

08/05/2026

Business Summary

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 also 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, and professional services firms. The company was incorporated in 1965 and is headquartered in Vancouver, Washington.

 


VALUATION

P/E

19.77

Market Cap ($M USD)

$788.86M

Forward P/E

14.45

PEG

0.39

PRICE TO SALES

0.63

PRICE TO BOOK

3.91

EV / EBITDA

8.72

5-Year Average P/E

Free Cash Flow Yield

2.37%

DCF Value

$26.64

Graham Number

$17.33

Price to FCF

42.24

EV to FCF

35.06

Earnings Yield

5.06%

FCF Yield

2.37%

DIVIDEND

Yield

1.00%

Annual Payout

$0.32

Payout Ratio

19.92%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$1.62

Next Year EPS Growth Estimate

$2.22

Next Year Revenue Growth Estimate

$137.67B

Return on Equity (ROE)

17.82%

FREE CASH FLOW

Operating Margin

4.77%

Debt-to-Equity

0.10

Piotroski F-Score

5

Altman Z-Score

3.11

Return on Invested Capital (ROIC)

18.80%

Current Ratio

1.16

Quick Ratio

1.16

Net Debt to EBITDA

-1.79

Interest Coverage

704.32

Gross Profit margin

20.67%

FCF PER SHARE

$0.75

REVENUE PER SHARE

$50.13

Gainseekers Quantitative Analysis

Summary

BBSI’s valuation presents a compelling narrative for value investors. Recent pricing indicated it traded below its DCF Value, suggesting a potential market mispricing. The Forward P/E of 13.43 and an Earnings Yield of 5.44% highlight a reasonable entry point for growth at a reasonable price (GARP) investors. With an Altman Z-score of 3.06, the company demonstrates financial stability, reducing bankruptcy risk. This combination of growth potential and safety makes BBSI an intriguing candidate for further analysis.

AI Exposure / Tech Reliance

Operating within the Staffing & Employment Services industry, BBSI is well-positioned to leverage AI and modern technology. The sector's inherent need for efficiency and data-driven decision-making aligns with AI advancements. This adaptability could enhance BBSI's service offerings and operational efficiency, ensuring resilience in a tech-driven future.

The Bull Case

For the bullish investor, BBSI offers a robust case with its impressive ROIC of 18.80%, indicating efficient capital use. The Piotroski F-Score of 5 suggests moderate financial health, while a low FCF Yield of 2.55% might initially seem weak, but the company's ability to generate cash flow is evident in its operational margins. These metrics underscore BBSI's pricing power and capital efficiency, making it an attractive option for those seeking value in the industrials sector.

The Bear Case

Despite its strengths, BBSI faces structural risks that cannot be ignored. The Price/Book ratio of 3.64 and Price/Sales ratio of 0.58 suggest the stock may be overvalued relative to its book and sales values. Additionally, the stock's proximity to its 52-week low raises concerns about market sentiment and potential technical weaknesses. These factors could pose challenges for investors seeking immediate returns.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$46.00

Institutional Ownership %

1-Year Beta

0.96

Insider Buying % (6 Mo)

Distance to 52-Week High

54.58%

Distance to 52-Week Low

21.14%

EARNINGS SURPRISE %

13.33%

50-DAY SMA

$29.88

200-DAY SMA

$36.56

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.