Barrett Business Services vs First Advantage
First Advantage is the larger business, with $1.57bn of revenue in fiscal 2025 against $1.24bn for Barrett Business Services (1.3 times as much). First Advantage grew faster (83.0% against 8.4%). Barrett Business Services kept more of each dollar of sales as profit: a net margin of 4.4% against -2.2%.
| Latest fiscal year | Barrett Business ServicesBBSI, 2025 | First AdvantageFA, 2025 |
|---|---|---|
| Revenue | $1.24bn | $1.57bn |
| Revenue growth | 8.4% | 83.0% |
| Net income | $54.4m | −$34.8m |
| Operating margin | 5.0% | — |
| Net margin | 4.4% | -2.2% |
| Return on equity | 23.6% | -2.7% |
| Free cash flow | $47.2m | $188m |
| Cash | $95.0m | $240m |
| Total debt | $0 | $2.11bn |
| Debt to equity | 0.0% | — |
| Dividend per share | $0.32 | — |
| Dividend yield | 1.0% | — |
| Share buybacks | $42.0m | $0 |
| Employees | — | 9,500 |
| Market value | $790m | $3.72bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 33 (Weak) | 20 (Weak) |
| Insider trades, 12 months | 9 buys, 5 sales | 1 buys, 8 sales |