First Advantage vs Trueblue
First Advantage and Trueblue are similar in size: $1.57bn and $1.62bn of revenue in their latest fiscal years. First Advantage grew faster (83.0% against 3.1%). First Advantage kept more of each dollar of sales as profit: a net margin of -2.2% against -3.0%.
| Latest fiscal year | First AdvantageFA, 2025 | TrueblueTBI, 2025 |
|---|---|---|
| Revenue | $1.57bn | $1.62bn |
| Revenue growth | 83.0% | 3.1% |
| Net income | −$34.8m | −$48.0m |
| Operating margin | — | -2.9% |
| Net margin | -2.2% | -3.0% |
| Return on equity | -2.7% | -16.3% |
| Free cash flow | $188m | −$73.7m |
| Cash | $240m | $24.5m |
| Total debt | $2.11bn | $65.8m |
| Debt to equity | — | 24.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $0 | $0 |
| Employees | 9,500 | — |
| Market value | $3.72bn | $294m |
| Price vs our value range | Within our value range | — |
| Moat score | 20 (Weak) | 32 (Weak) |
| Insider trades, 12 months | 1 buys, 8 sales | 3 buys, 1 sales |