Barrett Business Services, Inc. (BBSI) Key Metrics
BBSI valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $788.9M
- Enterprise value
- $748.1M
- P/E (TTM)
- 24.3 10-yr median 15.6
- Forward P/E
- 16.6
- PEG ratio
- 1.11
- Price / sales
- 0.6 10-yr median 0.6
- Price / book
- 4.0 10-yr median 3.9
- EV / EBITDA
- 10.8 10-yr median 9.4
- Dividend yield
- 0.98% $0.32 a year
- Beta
- 0.94
BBSI key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBBSI valuation Price multiples at each fiscal year-end price.
BBSI returns How much profit the business earns on the capital it uses.
BBSI per-share figures Results divided by the shares outstanding at year-end.
BBSI financial health Debt, liquidity and how easily interest is covered.
BBSI efficiency & capital use Working capital cycle and where the cash goes.
BBSI valuation history
BBSI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BBSI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BBSI cash returned to shareholders
BBSI price vs earnings per share
BBSI key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $933.4M | $1.16B | $793.1M | $674.0M | $526.3M | $524.4M | $696.5M | $437.8M | $487.0M | $472.9M |
| Enterprise value | $800.7M | $1.06B | $662.1M | $535.5M | $385.4M | $382.2M | $597.8M | $406.2M | $430.8M | $421.1M |
| P/E ratio | 17.1 | 21.9 | 15.7 | 14.3 | 13.8 | 15.5 | 14.4 | 11.5 | 19.3 | 25.2 |
| Price / sales | 0.8 | 1.0 | 0.7 | 0.6 | 0.6 | 0.6 | 0.7 | 0.5 | 0.5 | 0.6 |
| Price / book | 3.9 | 5.2 | 4.0 | 3.8 | 2.5 | 2.6 | 4.1 | 3.7 | 5.5 | 6.8 |
| Price / free cash flow | 19.8 | — | 14.3 | 57.1 | — | — | 10.5 | 6.8 | 4.5 | 6.5 |
| Price / operating cash flow | 14.2 | 115.0 | 11.8 | 24.3 | — | — | 9.0 | 6.3 | 4.3 | 5.9 |
| EV / sales | 0.6 | 0.9 | 0.6 | 0.5 | 0.4 | 0.4 | 0.6 | 0.4 | 0.5 | 0.5 |
| EV / EBITDA | 10.0 | 13.5 | 8.7 | 7.5 | 6.8 | 7.8 | 8.9 | 9.9 | 12.2 | 13.1 |
| EV / free cash flow | 17.0 | — | 12.0 | 45.4 | — | — | 9.0 | 6.3 | 3.9 | 5.8 |
| Earnings yield | 5.8% | 4.6% | 6.4% | 7.0% | 7.2% | 6.4% | 6.9% | 8.7% | 5.2% | 4.0% |
| Free cash flow yield | 5.1% | −0.4% | 7.0% | 1.8% | −4.2% | −7.0% | 9.5% | 14.6% | 22.4% | 15.5% |
| Dividend yield | 0.9% | 0.7% | 1.0% | 1.3% | 1.7% | 1.7% | 1.2% | 1.7% | 1.5% | 1.3% |
| Shareholder yield (dividends + buybacks) | 6.0% | 3.2% | 5.3% | 8.3% | 5.0% | 3.3% | 1.6% | 2.4% | 1.8% | 1.4% |
| Share price at fiscal year-end | $36.21 | $43.44 | $28.95 | $23.32 | $17.27 | $17.05 | $22.61 | $14.31 | $16.12 | $16.02 |
| Per share | ||||||||||
| Revenue per share | $48.12 | $42.85 | $39.03 | $36.48 | $31.33 | $28.64 | $30.60 | $30.75 | $30.47 | $28.48 |
| Earnings per share | $2.11 | $1.98 | $1.85 | $1.64 | $1.25 | $1.10 | $1.57 | $1.24 | $0.83 | $0.64 |
| Operating cash flow per share | $2.56 | $0.38 | $2.45 | $0.96 | −$0.51 | −$0.91 | $2.50 | $2.28 | $3.74 | $2.72 |
| Free cash flow per share | $1.83 | −$0.15 | $2.02 | $0.41 | −$0.73 | −$1.19 | $2.15 | $2.10 | $3.61 | $2.48 |
| Cash per share | $6.10 | $4.56 | $5.56 | $5.53 | $5.45 | $5.53 | $4.13 | $1.17 | $2.00 | $1.91 |
| Book value per share | $9.35 | $8.29 | $7.27 | $6.15 | $6.84 | $6.45 | $5.58 | $3.89 | $2.94 | $2.36 |
| Tangible book value per share | $7.49 | $6.50 | $4.26 | $3.51 | $4.51 | $4.34 | $3.64 | $2.33 | −$0.23 | −$0.88 |
| Dividends per share | $0.32 | $0.30 | $0.30 | $0.29 | $0.30 | $0.30 | $0.27 | $0.24 | $0.24 | $0.22 |
| Capex per share | $0.73 | $0.53 | $0.43 | $0.55 | $0.22 | $0.28 | $0.35 | $0.19 | $0.12 | $0.24 |
| Debt per share | $0.95 | $0.80 | $0.77 | $0.73 | $0.83 | $0.90 | $0.93 | $0.14 | $0.15 | $0.16 |
| Shares outstanding | 25.8M | 26.7M | 27.4M | 28.9M | 30.5M | 30.8M | 30.8M | 30.6M | 30.2M | 29.5M |
| Change in shares outstanding | −3.5% | −2.5% | −5.2% | −5.2% | −0.9% | −0.1% | +0.7% | +1.3% | +2.3% | +0.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 23.5% | 25.2% | 26.9% | 24.5% | 18.7% | 18.2% | 33.2% | 36.6% | 31.8% | 30.3% |
| Return on invested capital (ROIC) | 41.4% | 47.3% | 82.8% | 79.8% | 53.4% | 44.4% | 49.7% | 52.4% | 86.7% | 63.4% |
| Return on assets (ROA) | 7.1% | 7.2% | 7.2% | 6.6% | 5.0% | 4.1% | 6.0% | 5.3% | 3.9% | 3.4% |
| Return on tangible assets | 7.4% | 7.6% | 7.9% | 7.7% | 5.6% | 4.8% | 6.0% | 5.4% | 4.3% | 3.7% |
| Free cash flow margin | 3.8% | −0.4% | 5.2% | 1.1% | −2.3% | −4.1% | 7.0% | 6.8% | 11.9% | 8.7% |
| Income quality (OCF / net income) | 1.21 | 0.19 | 1.33 | 0.59 | −0.41 | −0.83 | 1.60 | 1.83 | 4.48 | 4.27 |
| Financial health | ||||||||||
| Total debt | $24.5M | $21.4M | $21.2M | $21.2M | $25.3M | $27.7M | $28.5M | $4.2M | $4.4M | $4.6M |
| Cash & short-term investments | $157.2M | $121.9M | $152.2M | $159.7M | $166.2M | $169.9M | $127.2M | $35.8M | $60.5M | $56.4M |
| Net debt | −$132.7M | −$100.4M | −$131.0M | −$138.6M | −$140.9M | −$142.2M | −$98.7M | −$31.6M | −$56.1M | −$51.8M |
| Debt / equity | 0.10 | 0.10 | 0.11 | 0.12 | 0.12 | 0.14 | 0.17 | 0.04 | 0.05 | 0.07 |
| Debt / assets | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 | 0.01 | 0.01 | 0.01 |
| Net debt / EBITDA | −1.66 | −1.28 | −1.72 | −1.93 | −2.50 | −2.92 | −1.48 | −0.77 | −1.59 | −1.61 |
| Current ratio | 1.29 | 1.32 | 1.30 | 1.36 | 1.29 | 1.40 | 1.24 | 0.98 | 0.96 | 0.95 |
| Quick ratio | 1.29 | 1.32 | 1.30 | 1.03 | 1.08 | 1.07 | 0.90 | 0.62 | 0.63 | 0.68 |
| Interest coverage | 142.9 | 335.8 | 365.4 | 418.3 | 118.1 | 29.1 | 28.2 | 35.2 | 95.7 | 35.9 |
| Working capital | $118.8M | $116.5M | $104.2M | $119.6M | $91.3M | $117.2M | $81.7M | −$5.1M | −$14.0M | −$14.5M |
| Invested capital | $108.3M | $121.0M | $68.2M | $39.3M | $67.7M | $56.0M | $73.1M | $87.4M | $32.7M | $17.9M |
| Tangible asset value | $193.2M | $173.6M | $116.7M | $101.4M | $137.4M | $133.5M | $112.2M | $71.2M | −$6.8M | −$25.9M |
| Net current asset value | −$13.4M | −$48.7M | −$74.9M | −$54.7M | −$131.7M | −$168.8M | −$265.3M | −$315.4M | −$285.4M | −$267.4M |
| Graham number | $21.08 | $19.24 | $17.38 | $15.05 | $13.87 | $12.62 | $14.03 | $10.44 | $7.43 | $5.82 |
| Graham net-net per share | −$7.46 | −$8.40 | −$8.60 | −$5.92 | −$7.28 | −$8.60 | −$12.33 | −$13.97 | −$12.50 | −$11.52 |
| Capital allocation | ||||||||||
| Dividends paid | $8.2M | $8.1M | $8.1M | $8.5M | $9.1M | $9.1M | $8.2M | $7.3M | $7.3M | $6.4M |
| Share buybacks (net) | $48.0M | $29.1M | $34.2M | $47.2M | $17.3M | $8.1M | $3.1M | $3.0M | $1.7M | $433,000 |
| Dividend payout ratio | 15.0% | 15.3% | 16.0% | 18.0% | 23.8% | 27.0% | 17.0% | 19.3% | 28.9% | 33.8% |
| Dividends + buybacks / free cash flow | 119.1% | — | 76.3% | 471.8% | — | — | 17.1% | 16.1% | 8.2% | 9.3% |
| Capex / revenue | 1.5% | 1.2% | 1.1% | 1.5% | 0.7% | 1.0% | 1.1% | 0.6% | 0.4% | 0.8% |
| Capex / operating cash flow | 28.5% | 140.4% | 17.6% | 57.5% | — | — | 14.0% | 8.1% | 3.3% | 8.8% |
| Capex / depreciation | 2.27 | 1.86 | 1.66 | 2.56 | 1.28 | 1.78 | 2.78 | 1.35 | 0.68 | 2.18 |
| Stock-based compensation / revenue | 0.8% | 0.8% | 0.8% | 0.7% | 0.6% | 0.4% | 0.8% | 0.6% | 0.5% | 0.3% |
| R&D / revenue | — | — | 0.3% | 0.3% | 0.2% | 0.2% | 0.1% | 0.0% | — | — |
| SG&A / revenue | 15.4% | 16.2% | 16.2% | 16.1% | 88.3% | 88.3% | 87.0% | 84.3% | 82.4% | 80.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 71.9 | 66.4 | 58.6 | 55.3 | 53.6 | 60.1 | 61.3 | 56.3 | 52.5 | 47.3 |
| Days of inventory on hand | — | — | — | 39.7 | 39.9 | 55.9 | 59.0 | 54.2 | 42.5 | 47.5 |
| Days payables outstanding | 2.6 | 2.7 | 3.3 | 2.8 | 2.2 | 2.8 | 2.6 | 2.3 | 2.4 | 2.1 |
| Cash conversion cycle (days) | 69.3 | 63.7 | 55.3 | 92.2 | 91.3 | 113.2 | 117.7 | 108.2 | 92.6 | 92.7 |
| Receivables turnover | 5.08 | 5.49 | 6.23 | 6.60 | 6.81 | 6.08 | 5.95 | 6.49 | 6.95 | 7.71 |
| Payables turnover | 137.75 | 133.23 | 111.30 | 128.56 | 162.64 | 129.98 | 142.14 | 158.71 | 150.72 | 170.33 |
| Inventory turnover | — | — | — | 9.20 | 9.14 | 6.53 | 6.19 | 6.73 | 8.59 | 7.69 |
| Asset turnover | 1.63 | 1.56 | 1.52 | 1.47 | 1.26 | 1.08 | 1.17 | 1.31 | 1.44 | 1.54 |
| Average receivables | $244.4M | $208.3M | $171.6M | $159.8M | $140.3M | $144.9M | $158.2M | $145.0M | $132.4M | $109.0M |
| Average payables | $7.1M | $6.7M | $7.4M | $6.4M | $4.6M | $5.4M | $5.2M | $4.8M | $5.1M | $4.1M |
| Average inventory | — | — | — | $89.1M | $82.1M | $106.9M | $118.6M | $112.0M | $88.7M | $90.4M |
| Intangibles / total assets | 6.1% | 6.4% | 11.4% | 11.1% | 9.5% | 8.4% | 6.9% | 6.3% | 14.0% | 16.0% |
Computed from BBSI's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BBSI valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Barrett Business Services traded at 17.1 times earnings, against a 10-year median of 15.6. Based on the latest twelve months, the trailing P/E is 24.3 and the forward P/E is 16.6. Barrett Business Services earned a return on equity of 23.5% and a return on invested capital of 41.4% in fiscal 2025. It ended the year with $24.5 million of debt and $157.2 million in cash and short-term investments, a net cash position of $132.7 million. It returned $56.2 million to shareholders: $8.2 million in dividends and $48.0 million in share buybacks, 119% of free cash flow. The share count fell 12.7% from 29.5M to 25.8M over 9 years.
See the BBSI income statement, the BBSI chart for price history, or the BBSI stock overview for the latest quote and news.
BBSI key metrics FAQ
What is Barrett Business Services's P/E ratio?
Barrett Business Services's trailing P/E ratio is 24.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.6. At the end of fiscal 2025 it was 17.1, compared with a 10-year median of 15.6.
What is Barrett Business Services's EV/EBITDA?
Barrett Business Services's enterprise value was 10.0 times EBITDA at the end of fiscal 2025 (enterprise value $800.7 million, EBITDA $80.1 million); the current EV/EBITDA is 10.8.
What is Barrett Business Services's return on equity?
Barrett Business Services's return on equity (ROE) was 23.5% in fiscal 2025: net income of $54.4 million on average shareholders' equity of $231.2 million.
What is Barrett Business Services's ROIC?
Barrett Business Services's return on invested capital was 41.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Barrett Business Services have?
Barrett Business Services had total debt of $24.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.10 and more cash than debt.
What is Barrett Business Services's dividend yield?
Barrett Business Services's forward dividend yield is 0.98%. Barrett Business Services paid $8.2 million in dividends in fiscal 2025 ($0.32 per share), a payout ratio of 15.0%.
Does Barrett Business Services buy back its shares?
Yes. Barrett Business Services spent $48.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −3.5% over the year, to 25.8M..
What is Barrett Business Services's free cash flow yield?
Barrett Business Services generated $47.2 million of free cash flow in fiscal 2025, a free cash flow yield of 5.1% on its market value at year-end ($933.4 million).
What is Barrett Business Services's current ratio?
Barrett Business Services's current ratio was 1.29 at the end of fiscal 2025: current assets were 1.29 times current liabilities.