Barrett Business Services, Inc.

BBSI

$33.83

+0.36%

2026-09-03 16:00:01 EDT+$0.12

Industrials

Staffing & Employment Services

NASDAQ

Active Trading

Barrett Business Services, Inc. (BBSI) delivers a range of business management solutions specifically designed for small and mid-sized enterprises across the United ...

Price Action of BBSI

$33.83

+0.36%+$0.12

High—

Low—

52W High-29.3%

Rel. vol—

Interval

Range6.2h

Volume—SMA5SMA10

—

Founded in 1951, Barrett Business Services, Inc. (BBSI) has evolved from a staffing company into a comprehensive Professional Employer Organization (PEO) and business management solutions provider. With headquarters in Vancouver, Washington, BBSI serves a diverse client base across industries such as electronics manufacturing, light industrial production, agriculture, transportation, logistics, food ...Founded in 1951, Barrett Business Services, Inc. (BBSI) has evolved from a staffing company into a comprehensive Professional Employer Organization (PEO) and business management solutions provider. With headquarters in Vancouver, Washington, BBSI serves a diverse client base across industries such as electronics manufacturing, light industrial production, agriculture, transportation, logistics, food processing, telecommunications, construction, and professional services. The company's proprietary management platform integrates strategic consulting with practical HR outsourcing tools, enabling clients to streamline operations and mitigate risks. Core services include co-employment through professional employer services, where BBSI manages payroll, payroll taxes, workers' compensation, and administrative duties; staffing and recruiting for short-term, contract, direct placement, and on-site management; and comprehensive HR, risk management, and business consulting. BBSI operates with a local support model, providing personalized service backed by national resources, and works with over 8,100 PEO clients across all 50 states. The company is publicly traded on NASDAQ under the symbol BBSI, with a market capitalization around $815 million as of the latest data. Under the leadership of CEO Gary Kramer, who joined in 2016 and became CEO in 2020, BBSI has focused on growth and operational efficiency. The company employs approximately 3,658 full-time staff, though it manages a workforce of over 100,000 through its PEO clients. Financially, BBSI generates revenue primarily from fees and service revenues, with a gross profit margin of about 19.8% and a net profit margin of 2.8% (TTM). Its business model emphasizes recurring revenue, with a focus on mid-sized enterprises seeking outsourced HR and risk management. BBSI also pays a small dividend, yielding around 1%. Looking forward, the company aims to expand its local market presence and enhance its technology platform, positioning itself as a partner for business owners seeking sustainable growth and workforce management solutions.ExpandCollapse

Founded

1951

Employees

141802

CEO

Gary Edward Kramer Jr.

Full Name

Barrett Business Services, Inc.

Sector

Industrials

Industry

Staffing & Employment Services

ROE

15.76%

Market Cap

$0.83B

Current Ratio

1.14

WACC

8.77%

ROIC

17.26%

Contact Information

https://www.bbsi.com

360 828 0700

8100 NE Parkway Drive, Vancouver, WA 98662

Key Metrics of BBSI

Snapshot

Latest / TTM · 6 periods

Market Cap

$830.85M

ROCE

17.2%

EV / EBITDA

11.96x

+0.6% YoY

FCF Yield

1.9%

-3.3% YoY

Cash Conversion Cycle

84.4d

Current Ratio

1.14

Quick take

TTM —

Positive CCC

Financial Highlights of BBSI

Profitability trend

Latest / TTM · 6 periods

Gross Margin

19.8%

Net Margin

2.8%

P/E Ratio

24.34x

n/a

Debt / Equity

0.12

n/a

Current Ratio

1.14

Dividend Yield

0.9%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of BBSI

Upcoming

Sep 4, 2026Today
Dividend payment
$0.32 per share
Sep 30, 2026In 26 days
Q3 FY2026 · Estimated results
Est. EPS $0.69 · Revenue $343.19M · 3 analysts
Dec 30, 2026
Q4 FY2026 · Estimated results
Est. EPS $0.62 · Revenue $344.54M · 3 analysts
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $1.34 · Revenue $1.31B · 3 analysts

Recent history

Aug 21, 2026
Ex-dividend date
$0.32 per share
Aug 6, 2026
Q2 FY2026 · Results reported
EPS $0.52 · Revenue $319.27M
View filing
May 7, 2026
Q1 FY2026 · Results reported
EPS $-0.59 · Revenue $307.00M
View filing
Feb 26, 2026
FY2025 · Annual results
EPS $2.09 · Revenue $1.24B
View filing
Nov 6, 2025
Q3 FY2025 · Results reported
EPS $0.79 · Revenue $318.95M
View filing
Aug 7, 2025
Q2 FY2025 · Results reported
EPS $0.70 · Revenue $307.66M
View filing

Financial Statements of BBSI

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$1.2B	+8.4%	+4.0%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$54.4M	+2.7%	+186.9%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+21.0%	-4.9%	+52.1%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+5.0%	-4.0%	+329.0%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+4.4%	-5.2%	+183.6%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$47.2M	+1258.3%	-120.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+3.8%	+1168.9%	-112.3%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	10.1%	+4.8%	-3.3%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	1.29x	-2.4%	-1.3%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$779.1M	+4.5%	-9.2%

Actual vs Estimate

A Dec 31Q Jun 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	2.09 vs 2.11	-0.8%	0.52 vs 0.56	-6.3%
Revenue Surprise	$1.2B vs $1.2B	-0.4%	$319.3M vs $321.6M	-0.7%

Insider Transactions of BBSI

Acquisitions (A)

Since Jul 1, 2026

Disposals (D)

Since Jul 1, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Jul 7, 2026	Potts James R	officer: EVP Gen Counsel & Secretary	Common Stock	D	3,490	$38.00
Jul 6, 2026	Potts James R	officer: EVP Gen Counsel & Secretary	Common Stock	D	3,487	$37.55
Jul 2, 2026	Potts James R	officer: EVP Gen Counsel & Secretary	Common Stock	D	1,802	$38.00
Jul 2, 2026	MEEKER ANTHONY	director	Common Stock	D	12,000	$37.85
Jul 1, 2026	Finn Mark Steven	director	Common Stock	A	2,344	—

Earnings Call Transcript of BBSI

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Good afternoon, everyone, and thank you for participating in today's conference call to discuss BBSI's financial results for the second quarter ended June 30, 2026. Joining us today are BBSI's President and CEO, Mr. Gary Kramer; and the company's CFO, Mr. Anthony Harris. Following their remarks, we'll open the call for your questions. Before we go further, please take note of the company's safe harbor statement within the meaning of the Private Securities Litigation Reform Act of 1995. The statement provides important cautions regarding forward-looking statements. The company's remarks during today's conference call will include forward-looking statements. These statements, along with other information presented that does not reflect historical facts, are subject to a number of risks and uncertainties. Actual results may differ materially from those implied by these forward-looking statements. Please refer to the company's recent earnings release and to the company's quarterly and annual reports filed with the Securities and Exchange Commission for more information about the risks and uncertainties that could cause actual results to differ from those expressed or implied by the forward-looking statements. I would like to remind everyone that this call will be available for replay through September 5, starting at 8:00 p.m. ET tonight. A webcast replay will also be available via the link provided in today's press release as well as available on the company's website at www.bbsi.com. Now I would like to turn the call over to the President and Chief Executive Officer of BBSI, Mr. Gary Kramer. Sir, please go ahead. Gary Kramer: Thank you, and good afternoon, everyone, and thank you for joining the call. We delivered another quarter of top line growth and solid profitability. While revenue came in slightly below our expectations, we added more new business than anticipated. This strong top-of-the-funnel momentum was partially offset by ongoing macro and geopolitical headwinds, which continue to constrain our existing clients' ability to grow their own workforces. Moving to our financial results and worksite employees. During the quarter, our gross billings increased 2.6% over the prior year. While this came in slightly below expectations, our go-to-market strategies are driving positive momentum at the top of the funnel. Q2 new client acquisitions were up 17% year-over-year, and we exceeded our internal expectations for both new clients and new worksite employees for client additions. Additionally, we continue to see strong client retention, a direct testament to the high-value work our teams provide every day. The result of all these efforts or what I refer to as controllable growth, is that we added approximately 4,500 worksite employees year-over-year from net new clients. That said, our overall growth was tempered by broader client workforce reductions. As a reminder, macroeconomic uncertainty led many of our clients to reduce headcount …

Leadership Team of BBSI

6 executives

Name	Title	Compensation	Gender	Year Born	Status
Gary Edward Kramer	President, Chief Executive Officer & Director	USD 2,477,570	Male	1980	Active
Gerald R. Blotz	Executive Vice President & Chief Operating Officer	USD 1,291,252	Male	1970	Active
Anthony J. Harris	Executive Vice President, Chief Financial Officer, Principal Accounting Officer & Treasurer	USD 1,114,805	Male	1985	Active
James R. Potts	Executive Vice President, General Counsel & Secretary	USD 884,931	Male	1968	Active
Rachael Stutzman	Senior Vice President of Sales & Marketing	—	Female	—	Active
Thomas McGinn	Senior Vice President of Insurance	—	Male	—	Active

Recent News of BBSI

Zacks Investment Research4 days agoNeutral

New Strong Sell Stocks for August 31st

AAGIY, ASEKY and BBSI have been added to the Zacks Rank #5 (Strong Sell) List on August 31, 2026.

Defense World4 days agoNeutral

Connor Clark & Lunn Investment Management Ltd. Buys Shares of 24,984 Barrett Business Services, Inc. $BBSI

Connor Clark and Lunn Investment Management Ltd. bought a new position in shares of Barrett Business Services, Inc. (NASDAQ: BBSI) during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 24,984 shares of the business services provider's stock, valued at approximately

Zacks Investment Research8/10/2026Neutral

New Strong Sell Stocks for August 10th

APTV, BBSI and CABO have been added to the Zacks Rank #5 (Strong Sell) List on August 10, 2026.

Defense World8/8/2026Neutral

Dimensional Fund Advisors LP Acquires 25,221 Shares of Barrett Business Services, Inc. $BBSI

Dimensional Fund Advisors LP increased its stake in shares of Barrett Business Services, Inc. (NASDAQ: BBSI) by 4.0% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 661,181 shares of the business services provider's stock after buying an

Seeking Alpha8/6/2026Neutral

Barrett Business Services, Inc. (BBSI) Q2 2026 Earnings Call Transcript

Historical Employee Count of BBSI

Current

3,658

Change

-97.20%

Minimum

3,658

Maximum

130,513

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2024	3,658	10-K	Feb 28, 2025	View
Dec 31, 2023	130,513	10-K	Mar 1, 2024	View
Dec 31, 2022	127,141	10-K	Mar 6, 2023	View
Dec 31, 2021	121,660	10-K	Mar 7, 2022	View

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Barrett Business Services, Inc.