MARKETS / NASDAQ / BBSI

NASDAQ · SERVICES-HELP SUPPLY SERVICES · LARGE CAP

Barrett Business Services Inc. BBSI

17 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$1.2B

▲ 8.4% YoY

Net income

$54.4M

▲ 2.7% YoY

Free cash flow

$47.2M

In brief

What this company does

Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies. During 2025, Barrett Business Services, Inc. supported in excess of 8,200 PEO clients with total average worksite employees of 138,218. At December 31, 2025, the Company had a total of 3,197 employees, including 896 managerial, sales and administrative employees, 4 executive officers and 2,297 staffing services employees. BBSI reports financial results in two categories of services: Professional Employer Services and Staffing. Through its client services agreement, BBSI establishes a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers' compensation, if elected, and benefits coverage, if elected, and certain other administrative functions for the client's existing workforce. BBSI's staffing services include on-demand or short-term staffing assignments, contract staffing, direct placement for PEO and non-PEO clients, and long-term or indefinite-term on-site management. BBSI was incorporated in Maryland in 1965.

Written from the business description in Barrett Business Services, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.2B

Revenue, FY2025 · full 17-year series below

Revenue $B Net income $B

FY2025 · Revenue 1.2 · Net income 0.1

Compound annual growth

Revenue

+5.6%

+7.1%

+5.3%

+10.6%

Net income

+4.8%

+10.0%

+7.9%

+14.3%

Returned to shareholders

−5.1%

+27.2%

+22.2%

+13.7%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +7.1% a year over five years — but profit grew faster: net income at +10.0%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

4 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 5.0% · Net 4.4%

ROE

FY2025 · ROE 23.5%

Gross margin21.0%

Operating margin5.0%

Net margin4.4%

Return on assets7.1%

EBITDAUSD 65.8M

Each USD of equity produced 24 cents of profit this year.

Cash & shareholders

USD 46.9M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 47.2

Net buybacks $M Dividends $M

FY2025 · Dividends 8.2 · Net buybacks 38.8

Dividends paidUSD 8.2M

Net buybacksUSD 38.8M

Share of profit86.2%

Consecutive raises2 years (since the 2023 share-count change)

USD 8.2M in dividends and USD 38.8M in buybacks — 86% of the year's profit went back to shareholders.

Total assetsUSD 779.1M

EquityUSD 241.0M

CashUSD 95.0M

Current ratio1.29×

Equity funds 31% of total assets.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	1.2	1.1	1.1	1.1	1.0	0.9	0.9	0.9	0.9	0.8	0.7	0.6	0.5	0.4	0.3	0.3	0.2
Operating income $B	0.1	0.1	0.1	0.1	0.0	0.0	0.1	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0	−0.0
EBITDA $B	0.1	0.1	0.1	0.1	0.0	0.0	0.1	0.0	·	·	·	·	·	·	·	·	·
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0	−0.0
Net income $B	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0	−0.0
Free cash flow $B	0.0	−0.0	0.1	0.0	−0.0	−0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.0
EPS, diluted $	2.08	1.98	1.85	1.64	5.00	4.39	6.27	4.98	3.33	2.55	3.47	−3.57	2.12	1.67	1.41	0.71	−0.38
Dividend / sh $	0.32	0.31	0.30	0.30	1.20	1.20	1.10	1.00	1.00	0.88	0.88	0.76	0.57	0.46	0.38	0.33	·
Payout %	15	15	16	18	24	27	17	19	29	34	25	−21	26	27	27	46	−85
ROE %	23.5	25.2	26.9	24.5	18.7	18.2	33.2	36.6	31.8	30.3	58.4	−52.1	27.5	17.5	14.5	7.7	−4.2
Shares out B	0.03	0.03	0.03	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityServices-Help Supply Services

Listed onNASDAQ

Incorporated inMaryland

Fiscal year endsDecember 31

Data on record since2009