Barrett Business Services Past Earnings Performance
Past criteria checks 2/6
Barrett Business Services has been growing earnings at an average annual rate of 7.1%, while the Professional Services industry saw earnings growing at 11.2% annually. Revenues have been growing at an average rate of 6.3% per year. Barrett Business Services's return on equity is 19.8%, and it has net margins of 3.2%.
Key information
7.06%
Earnings growth rate
10.86%
EPS growth rate
| Professional Services Industry Growth | 10.99% |
| Revenue growth rate | 6.29% |
| Return on equity | 19.77% |
| Net Margin | 3.24% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Narrative Update • Apr 26
BBSI: Future Upside Will Depend On Expanding Worksite Employees Despite 2026 Margin Pressure
Analysts have nudged their average price target on Barrett Business Services slightly lower to about $42, trimming prior targets in response to Q4 revenue that came in just below forecasts and caution around slower billings growth, margin pressure into 2026, and softer client hiring trends. Analyst Commentary Recent research updates on Barrett Business Services point to a mixed setup, with analysts weighing solid recent billings and employee trends against a more cautious outlook for growth and margins into 2026.Narrative Update • Apr 11
BBSI: Future Upside Will Rely On Expanding Worksite Employee Base
Analyst price targets for Barrett Business Services have been revised down to a range centered around $41 to $42. This reflects analyst views that slower billings growth, softer client hiring and anticipated gross margin pressure temper the outlook compared with prior expectations.Narrative Update • Mar 27
BBSI: Future Upside Will Depend On Sustained Worksite Employee Momentum
Narrative Update: Barrett Business Services The consolidated analyst price target for Barrett Business Services has been reduced by around $8 to $9 per share, as analysts point to slower billings growth, pressure on gross margins into 2026, and softer client hiring despite year-over-year gains in Q4 revenue and worksite employees. Analyst Commentary Street research on Barrett Business Services highlights a mix of optimism about the company’s positioning and caution around growth and margin pressures.Narrative Update • Mar 13
BBSI: Future Upside Will Rely On Worksite Employee Expansion
Our analyst price target for Barrett Business Services is now $42.25, down from $48. This reflects Street analysts' lower targets in the $41 to $42 range as they factor in slower billings growth, pressure on gross margins and softer client hiring trends.Narrative Update • Feb 26
BBSI: Future Earnings Power Will Depend On Worksite Employee Expansion
Analysts have trimmed their average price target on Barrett Business Services by $3.50 to reflect slower expected revenue growth, some pressure on margins and lower assumed future P/E multiples, even as recent research still points to ongoing interest in the stock. Analyst Commentary Recent research on Barrett Business Services reflects a mix of optimism about the company’s execution and caution around the setup for growth and profitability, which is showing up directly in revised price targets.Analysis Article • Feb 12
At US$32.05, Is It Time To Put Barrett Business Services, Inc. (NASDAQ:BBSI) On Your Watch List?
Barrett Business Services, Inc. ( NASDAQ:BBSI ), might not be a large cap stock, but it saw significant share price...Analysis Article • Dec 13
Subdued Growth No Barrier To Barrett Business Services, Inc.'s (NASDAQ:BBSI) Price
It's not a stretch to say that Barrett Business Services, Inc.'s ( NASDAQ:BBSI ) price-to-earnings (or "P/E") ratio of...Analysis Article • Nov 09
Barrett Business Services (NASDAQ:BBSI) Is Due To Pay A Dividend Of $0.08
The board of Barrett Business Services, Inc. ( NASDAQ:BBSI ) has announced that it will pay a dividend on the 5th of...Seeking Alpha • Oct 20
Barrett Business Services: Idiosyncratic Profile Offers More Growth
Summary Barrett Business Services, Inc. has an idiosyncratic profile and is achieving good growth by entry into new markets despite some pressures on overall hiring. They've been doing a good job of reducing benefits claims and driving billings growth in their geographies, as well as keeping SG&A under control. A $100 million buyback (nearly 10% of market cap) signals BBSI management's confidence in the stock valuation, which is below lower growth and larger peers. But payroll taxes are inching upwards and so are benefit costs, though this can be passed on with pricing PEO plans, but job market wobbles are a concern for trajectory. Read the full article on Seeking AlphaAnalysis Article • Aug 15
Concerns Surrounding Barrett Business Services' (NASDAQ:BBSI) Performance
NasdaqGS:BBSI 1 Year Share Price vs Fair Value Explore Barrett Business Services's Fair Values from the Community and...Narrative Update • Aug 08
HR Outsourcing And Geographic Expansion Will Widen Market Presence
Barrett Business Services’ fair value estimate has increased as analysts anticipate stronger revenue growth and a modestly higher forward P/E, driving the consensus price target up from $46.75 to $51.50. What's in the News Barrett Business Services completed a $100 million share repurchase program, buying back a total of 1,919,334 shares (7.41% of shares outstanding) under the plan announced in August 2023.Analysis Article • May 11
Barrett Business Services, Inc. (NASDAQ:BBSI) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Barrett Business Services, Inc. ( NASDAQ:BBSI ) defied analyst predictions to release its quarterly results, which were...Analysis Article • Mar 01
Barrett Business Services, Inc. (NASDAQ:BBSI) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Barrett Business Services, Inc. ( NASDAQ:BBSI ) last week reported its latest annual results, which makes it a good...Analysis Article • Feb 22
If EPS Growth Is Important To You, Barrett Business Services (NASDAQ:BBSI) Presents An Opportunity
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Nov 14
We Think You Should Be Aware Of Some Concerning Factors In Barrett Business Services' (NASDAQ:BBSI) Earnings
The market for Barrett Business Services, Inc.'s ( NASDAQ:BBSI ) stock was strong after it released a healthy earnings...Analysis Article • Nov 07
Why Barrett Business Services, Inc. (NASDAQ:BBSI) Could Be Worth Watching
Barrett Business Services, Inc. ( NASDAQ:BBSI ), might not be a large cap stock, but it saw a double-digit share price...
New Narrative • Sep 24
Decisive Expansions And Innovative Health Insurance Offerings Set To Boost Growth And Client Base
Expansion into new markets with an asset-light model and launching BBSI benefits with Kaiser Permanente highlights strategic growth and competitive edge.Analysis Article • Sep 07
Barrett Business Services (NASDAQ:BBSI) Shareholders Will Want The ROCE Trajectory To Continue
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Analysis Article • May 07
Barrett Business Services' (NASDAQ:BBSI) Dividend Will Be $0.30
Barrett Business Services, Inc.'s ( NASDAQ:BBSI ) investors are due to receive a payment of $0.30 per share on 31st of...Analysis Article • May 04
Analysts Have Made A Financial Statement On Barrett Business Services, Inc.'s (NASDAQ:BBSI) First-Quarter Report
As you might know, Barrett Business Services, Inc. ( NASDAQ:BBSI ) recently reported its first-quarter numbers...Analysis Article • Mar 03
Barrett Business Services' (NASDAQ:BBSI) Dividend Will Be $0.30
Barrett Business Services, Inc.'s ( NASDAQ:BBSI ) investors are due to receive a payment of $0.30 per share on 28th of...Analysis Article • Mar 01
Some Confidence Is Lacking In Barrett Business Services, Inc.'s (NASDAQ:BBSI) P/E
With a median price-to-earnings (or "P/E") ratio of close to 16x in the United States, you could be forgiven for...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Barrett Business Services makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 1,255 | 41 | 193 | 0 |
| 31 Dec 25 | 1,240 | 54 | 190 | 0 |
| 30 Sep 25 | 1,224 | 55 | 192 | 0 |
| 30 Jun 25 | 1,199 | 54 | 191 | 0 |
| 31 Mar 25 | 1,171 | 52 | 188 | 0 |
| 31 Dec 24 | 1,145 | 53 | 186 | 0 |
| 30 Sep 24 | 1,116 | 51 | 183 | 0 |
| 30 Jun 24 | 1,095 | 49 | 178 | 0 |
| 31 Mar 24 | 1,080 | 50 | 176 | 0 |
| 31 Dec 23 | 1,069 | 51 | 175 | 0 |
| 30 Sep 23 | 1,065 | 48 | 173 | 0 |
| 30 Jun 23 | 1,065 | 47 | 172 | 0 |
| 31 Mar 23 | 1,063 | 48 | 171 | 0 |
| 31 Dec 22 | 1,054 | 47 | 170 | 0 |
| 30 Sep 22 | 1,039 | 46 | 167 | 0 |
| 30 Jun 22 | 1,012 | 44 | 165 | 0 |
| 31 Mar 22 | 983 | 43 | 158 | 0 |
| 31 Dec 21 | 955 | 38 | 155 | 0 |
| 30 Sep 21 | 932 | 35 | 155 | 0 |
| 30 Jun 21 | 912 | 38 | 149 | 0 |
| 31 Mar 21 | 880 | 33 | 147 | 0 |
| 31 Dec 20 | 881 | 34 | 142 | 0 |
| 30 Sep 20 | 893 | 38 | 141 | 0 |
| 30 Jun 20 | 913 | 45 | 147 | 0 |
| 31 Mar 20 | 943 | 47 | 153 | 0 |
| 31 Dec 19 | 942 | 48 | 154 | 0 |
| 30 Sep 19 | 935 | 53 | 157 | 0 |
| 30 Jun 19 | 934 | 48 | 153 | 0 |
| 31 Mar 19 | 935 | 45 | 149 | 0 |
| 31 Dec 18 | 941 | 38 | 145 | 0 |
| 30 Sep 18 | 948 | 32 | 136 | 0 |
| 30 Jun 18 | 940 | 27 | 134 | 0 |
| 31 Mar 18 | 934 | 27 | 126 | 0 |
| 31 Dec 17 | 920 | 25 | 123 | 0 |
| 30 Sep 17 | 897 | 23 | 121 | 0 |
| 30 Jun 17 | 882 | 18 | 118 | 0 |
| 31 Mar 17 | 860 | 16 | 118 | 0 |
| 31 Dec 16 | 841 | 19 | 113 | 0 |
| 30 Sep 16 | 813 | 22 | 107 | 0 |
| 30 Jun 16 | 787 | 23 | 102 | 0 |
| 31 Mar 16 | 765 | 23 | 95 | 0 |
| 31 Dec 15 | 741 | 25 | 90 | 0 |
| 30 Sep 15 | 722 | 23 | 84 | 0 |
| 30 Jun 15 | 699 | -26 | 80 | 0 |
Quality Earnings: BBSI has high quality earnings.
Growing Profit Margin: BBSI's current net profit margins (3.2%) are lower than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BBSI's earnings have grown by 7.1% per year over the past 5 years.
Accelerating Growth: BBSI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BBSI had negative earnings growth (-22%) over the past year, making it difficult to compare to the Professional Services industry average (6.8%).
Return on Equity
High ROE: BBSI's Return on Equity (19.8%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/12 04:22 |
| End of Day Share Price | 2026/05/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Barrett Business Services, Inc. is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vincent Colicchio | Barrington Research Associates, Inc. |
| Christopher Moore | CJS Securities, Inc. |
| Jeffrey Martin | Roth Capital Partners |