Is TrueBlue, Inc. (TBI) Halal?

NYSE Industrials United States $100M
✗ NOT HALAL
Confidence: 90/100
TrueBlue, Inc. (TBI) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 97.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. TrueBlue, Inc. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 97.1%
/ 30%
19.2%
/ 30%
189.9%
/ 30%
1.15%
/ 5%
✗ NOT HALAL
DJIM 97.1%
/ 33%
19.2%
/ 33%
189.9%
/ 33%
1.15%
/ 5%
✗ NOT HALAL
MSCI 19.4%
/ 33%
3.8%
/ 33%
37.9%
/ 33%
1.15%
/ 5%
✗ NOT HALAL
S&P 97.1%
/ 33%
19.2%
/ 33%
189.9%
/ 33%
1.15%
/ 5%
✗ NOT HALAL
FTSE 19.4%
/ 33%
3.8%
/ 33%
37.9%
/ 50%
1.15%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-1.61
P/B Ratio
0.4
EV/EBITDA
-25.5
EV: $199M
Revenue
$1.6B
Growth: 8.3%
Beta
1.5
High volatility
Current Ratio
2.1

Profitability

Gross Margin 22.6%
Operating Margin -3.4%
Net Margin -3.0%
Return on Equity (ROE) -16.3%
Return on Assets (ROA) -3.5%

Cash Flow & Balance Sheet

Operating Cash Flow-$58M
Free Cash Flow-$74M
Total Debt$124M
Debt-to-Equity45.1
Current Ratio2.1
Total Assets$639M

Price & Trading

Last Close$3.55
50-Day MA$4.41
200-Day MA$5.42
Avg Volume248K
Beta1.5
52-Week Range
$3.27
$7.78

About TrueBlue, Inc. (TBI)

CEO
Ms. Taryn R. Owen
Employees
3,500
Sector
Industrials
Industry
Staffing & Employment Services
Country
United States
Exchange
NYSE
Market Cap
$100M
Currency
USD

TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleSolutions. The PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and energy industries. The PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehousing, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The PeopleSolutions segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform for sourcing, screening, and delivering a permanent workforce to its clients; talent advisory solutions, such as employer branding, recruitment marketing, talent insights, candidate assessment, and talent acquisition strategy consulting services; and contingent labor programs, including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company was incorporated in 1985 and is headquartered in Tacoma, Washington.

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Frequently Asked Questions

Is TrueBlue, Inc. (TBI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), TrueBlue, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is TrueBlue, Inc.'s debt ratio?

TrueBlue, Inc.'s debt ratio is 97.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 19.4%.

What are TrueBlue, Inc.'s key financial metrics?

TrueBlue, Inc. has a market capitalization of $100M, and revenue of $1.6B. The company maintains a gross margin of 22.6% and a net margin of -3.0%. Return on equity stands at -16.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.