BARRETT BUSINESS SERVICES INC (BBSI)
Industrials · Professional Employer Organization (PEO) / HR Services · NASDAQ
A decentralized PEO platform that helps small and mid-sized business owners outsource HR, payroll, and workplace management while driving organizational growth through local expertise and high-touch consultation.
What BARRETT BUSINESS SERVICES INC does
Barrett Business Services is a professional employer organization (PEO) serving small and mid-sized companies (typically 8,200+ daily clients). The company operates through a decentralized delivery model, providing integrated business management solutions including human resources administration, payroll processing, employee benefits, workers' compensation insurance, and strategic organizational consulting across a three-tier service progression.
Themes: ["PEO / HR outsourcing","Payroll and benefits administration","Workers' compensation management","Small and mid-market business services","Organizational consulting"]
Fundamentals
- Price$37.24 as of 2026-07-09 close
- Market cap$910M as of 2026-07-10
- 1-year return-13.0% as of 2026-07-09 close
- P/E22.38 as of 2026-07-10
- Net margin+3.2% as of 2026-07-10
- Gross margin+20.8% as of 2026-07-10
- ROE+17.8% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+7.1% as of 2026-07-10
- Revenue CAGR (3y)+13.1% SEC XBRL
- Beta0.95 as of 2026-07-10
Dividend: yield +0.9%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Workers' compensation claims liability exposure and premium volatility—the company carries significant current and long-term workers' compensation claims liabilities ($31.5M current, $70.3M long-term as of Q1 2026) and premium payables, creating claims cost uncertainty.","Seasonal and cyclical revenue patterns tied to employment trends and economic conditions, with Q1 2026 showing operating loss of $6.5M despite 5% revenue growth YoY.","Client concentration and retention risk—loss of large clients or deterioration in client economics could significantly impact revenues and profitability given the model's dependence on client base growth."]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.