Barrett Business Services, Inc. (Nasdaq:BBSI) is a leading provider of comprehensive human resource management solutions such as payroll processing, staffing services, and workers’ compensation insurance to small and medium-sized businesses across various industries, including industrials, franchises, restaurants, and hospitality. The business is centered around delivering cost-effective and efficient HR solutions that enable its clients to focus on their core business operations. With a run rate exceeding USD 1 billion, BBSI operates nationwide, helping businesses optimize their operations and achieve growth.
Comps: Kelly Services, Inc. (Nasdaq:KELYA), Kforce Inc. (Nasdaq:KFRC)
Before we delve into the comparison, it’s worth noting that Kforce’s market capitalization is over USD 1.2 billion, which is more than double that of Barrett Business Services and Kelly Services. Nevertheless, when it comes to key financial metrics, Barrett Business Services stands out. It boasts superior earnings per share, price-to-earnings ratio, profit margin, and return on equity, surpassing both Kforce and Kelly Services. Additionally, its net income outperforms Kelly Services.