
Kelly Services, Inc.
NASDAQ•KELYA
CEO: Mr. Peter W. Quigley
Sector: Industrials
Industry: Staffing & Employment Services
Listing Date: 1980-03-17
Kelly Services, Inc., together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions. The Science, Engineering & Technology segment offers staffing, outcome-based, and permanent placement services in the areas of science and clinical research, engineering, technology, and telecommunications specialties. The Education segment provides staffing, permanent placement, and executive search services to pre-K-12 school districts and education organizations. The Outsourcing & Consulting segment offers managed service provider, recruitment process outsourcing, payroll process outsourcing, and executive coaching programs to customers on a global basis that includes its RocketPower brand. The International segment provides staffing, recruitment process outsourcing, and permanent placement services. The company serves customers in the United States, Canada, Mexico, Puerto Rico, France, Switzerland, Portugal, Russia, Italy, rest of Europe, and the Asia-Pacific region. Kelly Services, Inc. was founded in 1946 and is headquartered in Troy, Michigan.
Contact Information
Market Cap
$355.93M
P/E (TTM)
-54.3
25.7
Dividend Yield
3.1%
52W High
$15.11
52W Low
$7.98
52W Range
Rank40Top 42.0%
4.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$935.00M-9.93%
4-Quarter Trend
EPS
-$4.26-21724.37%
4-Quarter Trend
FCF
$0.00+0.00%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
YTD Revenue Growth Strong Total revenue from services grew 1.9% year-to-date, reaching $3,201.7M, driven by MRP acquisition impact.
Operating Cash Flow Surges Net cash from operating activities generated $94.0M year-to-date, a substantial increase versus $11.9M prior year.
Gross Profit Marginally Higher Year-to-date gross profit increased 2.3% to $656.0M; gross profit rate improved 0.1 points to 20.5%.
Debt Reduction Active Used $131.4M in financing activities, primarily paying down $1.3B in long-term debt obligations year-to-date.
Risk Factors
Significant Quarterly Loss Third quarter net loss reached $(150.1)M compared to $0.8M net earnings in the prior year period.
Major Goodwill Impairment Recorded substantial $102.0M goodwill impairment charge in Q3 2025 impacting SET segment results.
Q3 Revenue Volume Drop Third quarter revenue from services fell 9.9% to $935.0M, driven by lower staffing volumes across segments.
Tax Allowance Established Established $69.7M valuation allowance against work opportunity credits due to cumulative recent losses.
Outlook
Segment Structure Revised Company modified reportable segments in Q1 2025, combining ETM units to align delivery models and strategy.
Integration Costs Incurred Incurred $20.3M year-to-date integration and realignment costs executing broader technology and segment alignment strategy.
Liquidity Capacity Maintained Maintained $150.0M revolving credit capacity and $89.0M securitization capacity to fund future corporate needs.
Share Repurchase Program $40.0M remains available under the $50.0M Class A share repurchase program authorized through December 2026.
Peer Comparison
Revenue (TTM)
KELYA$4.39B
KFRC$1.34B
$977.99M
Gross Margin (Latest Quarter)
89.1%
70.6%
39.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| KFRC | $606.27M | 14.9 | 29.1% | 0.9% |
| CMCO | $575.43M | 142.1 | 0.4% | 25.9% |
| SB | $520.85M | 11.4 | 5.6% | 37.6% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-7.8%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:Feb 12, 2026
EPS:$0.45
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 28, 2025|Filed: Nov 6, 2025|Revenue: $935.00M-9.9%|EPS: $-4.26-21724.4%MissForm 10-Q - Q2 2025
Period End: Jun 29, 2025|Filed: Aug 7, 2025|Revenue: $1.10B+4.2%|EPS: $0.54+315.4%MeetForm 10-Q - Q1 2025
Period End: Mar 30, 2025|Filed: May 8, 2025|Revenue: $1.16B+11.5%|EPS: $0.16-77.5%MissForm 10-K - FY 2024
Period End: Dec 29, 2024|Filed: Feb 13, 2025|Revenue: $4.33B-10.4%|EPS: $-0.02-102.0%MissForm 10-Q - Q3 2024
Period End: Sep 29, 2024|Filed: Nov 7, 2024|Revenue: $1.04B-7.1%|EPS: $0.02-89.1%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 8, 2024|Revenue: $1.06B-13.1%|EPS: $0.13-35.0%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 9, 2024|Revenue: $1.05B-17.6%|EPS: $0.71+153.6%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 20, 2024|Revenue: $4.84B-2.6%|EPS: $0.99+159.6%Beat