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Kelly Services, Inc. KELYB

Growth Flags show if company had growth for consecutive years ,
Insider Buys alert about insiders buying in the last 12 month

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Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total buys
0.33
Total sells
106.29
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy 4 2
Sell 1 1 1
Insider Ownership
11.24%

Capital & Financial Ratios

Market Cap
659.70
Revenue
4,063.10
Net Income
(273.40)
Free Cash Flow
21.50
Net Debt
53.90
Current Ratio
1.50
Debt/Equity
0.08
P/E ratio
0.00
P/S ratio
0.19
P/B ratio
0.78
Past 5Y EPS Growth
This Y EPS Growth
Next Y EPS Growth
Next 5Y EPS Growth
in millions of $

Dividends

Payout Ratio
7.50
Annual Dividend Rate
0.30
Annual Dividend Yield
1.63%
total individual payouts
2023 0.38
2022 0.28
2021 0.10
2020 0.08
2019 0.30
2018 0.30
2017 0.30
2016 0.28
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 125.80 39.00 33.00 24.20
Receivables 1,160.60 1,255.50 1,188.70 1,224.60
Inventory
Other 291.30
1,626.60 1,365.50 1,268.30 1,296.50
2023 2024 2025 Q'26
Payables 646.10 613.80 631.40 661.60
ST’ Debt
Other 169.90
1,019.90 826.50 821.80 866.60
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡
Earnings ‡‡‡ ‡‡‡ ‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 1,040.70 1,038.20
’25 1,164.90 1,101.80 935.00 1,049.20
4,250.90
’24 1,045.10 1,057.50 1,038.10 1,191.10
4,331.80
’23 1,268.30 1,217.20 1,118.00 1,232.20
4,835.70
’22 1,296.40 1,267.30 1,167.90 1,233.80
4,965.40
’21 1,205.90 1,258.10 1,195.40 1,250.30
4,909.70
’20 1,261.10 975.30 1,038.20 1,241.40
4,516.00
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (25.40) 49.20
’25 23.90 95.40 (25.30) 28.60
122.60
’24 (25.50) 57.70 (20.30) 15.00
26.90
’23 (13.50) 36.90 10.00 43.30
76.70
’22 (106.10) (1.20) (4.40) 35.40
(76.30)
’21 10.50 37.10 (16.60) 54.00
85.00
’20 8.40 169.70 38.40 (30.50)
186.00
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 (26.50) 47.70
’25 21.40 93.40 (27.60) 27.90
115.10
’24 (29.20) 59.10 (22.80) 13.00
20.10
’23 (17.90) 32.00 6.90 40.40
61.40
’22 (106.90) 0.60 (6.50) 34.60
(78.20)
’21 7.80 34.90 (19.20) 50.30
73.80
’20 60.90 165.00 (2.60) 2.70
226.00
in millions of $

EPS

Mar Jun Sep Dec Year
’26 (0.17) 0.31
’25 0.16 0.52 (4.26) (3.69)
(7.24)
’24 0.70 0.12 0.02 (0.90)
(0.02)
’23 0.29 0.20 0.18 0.31
0.98
’22 (1.23) 0.06 (0.43) (0.02)
(1.64)
’21 0.64 0.60 0.87 1.80
3.91
’20 (3.91) 1.04 0.42 0.59
(1.83)

Target Price Range

High
‡‡‡‡‡
‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡

Recommendation Rating

1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 13.64 14.86 13.93 8.38
Low Price
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ 26.64 21.65 25.00 15.15
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 300,000 3,700 4,200 3,600
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.02 1.31 1.03 1.18
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 4,965.40 4,835.70 4,331.80 4,250.90
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 20.38% 19.88% 20.37% 20.07%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (71.20) 24.90 (21.90) (78.80)
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.43%) 0.51% (0.51%) (1.85%)
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (62.50) 36.40 (0.60) (254.10)
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 92.90 50.10 123.70 155.30
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 130.33 134.70 122.02 121.11
Revenue/Sh
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ (1.64) 0.99 (0.02) (7.24)
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (2.00) 2.14 0.76 3.49
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.05) (0.43) (0.19) (0.21)
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (2.05) 1.71 0.57 3.28
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 32.92 34.92 34.78 27.82
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 38.10 35.90 35.50 35.10
Shares
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡ ‡‡‡‡‡ 0.00 21.92 0.00 0.00
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.13 0.16 0.11 0.07
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.52 0.62 0.40 0.31
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.11 0.15 0.16 0.09
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (7.16) 11.70 34.58 3.26
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (76.30) 76.70 26.90 122.60
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.90) (15.30) (6.80) (7.50)
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (78.20) 61.40 20.10 115.10
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 586.40 606.70 539.00 446.50
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 55.70 239.40 101.90
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (98.00) (125.80) 200.40 68.90
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,254.20 1,253.70 1,234.60 976.50
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (2.25%) 1.39% (0.02%) (10.41%)
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.80% 1.35% (0.66%) (4.17%)
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (4.83%) 2.90% (0.05%) (22.98%)
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Kelly Services (KELYB), a staffing veteran since 1946, has reinvented itself through brutal restructuring amid COVID shocks, geopolitical exits, and a 99% employee slash—from 440,000 in 2019 to 3,700 in 2023—driving revenue per employee from $12K to over $1.3M. Yet revenue has eroded from a $5.5B peak in 2017 to $4.33B in 2024, with gross margins climbing to 20.4% offering some solace amid profitability swings (EPS from +3.93 in 2021 to near-zero losses lately) and rising debt to $239M. Valuation screams cheap at 0.11x PS and 0.40x PB, but volatile stock prices and heavy insider selling—$107M net outflows—signal caution in a softening labor market.

Analyst targets hint at modest 2% mean upside (8% high, 10% low downside), with resilient FCF ($20M in 2024) providing deleveraging room, though ROE languishes below 1%. Future hinges on Fed cuts spurring hiring versus AI automation and recession risks cratering temp staffing—echoing past cycles. Is this lean machine a speculative value gem or a trap? Dive into the full analysis for the charts, forecasts, and strategic spin potential.

Kelly Services, Inc. (KELYB) Latest News

News by impact score

Fine-tune

19 Aug

3 , 11:12 AM
Robert Half's Q3 guidance tests the strength of its staffing rebound, with potential read-through effects for peers including Kelly Services in the competitive staffing sector. Robert Half guidance introduces sector-level uncertainty that may influence short-term sentiment and positioning for Kelly Services without altering its core trajectory.

6 Aug

3 , 9:50 AM
Kelly Services (KELYA) posted Q2 earnings and revenues that exceeded estimates. Q2 earnings and revenue beat signals stronger than expected financial results likely to lift near-term investor sentiment.

3 , 7:30 AM
Kelly Services, Inc. reported financial results for the second quarter of 2026. Quarterly earnings releases disclose financial results that influence stock valuation and investor views on performance.

6 Jul

3 , 7:30 AM
Kelly Services appoints Alan Stukalsky as Chief Product and Technology Officer. New Chief Product and Technology Officer appointment may affect product innovation and operational strategies.

7 May

4 GlobeNewswire, 7:30 AM
Kelly Services, Inc. (KELYB) reported first-quarter 2026 earnings. Quarterly earnings reports significantly influence financial performance and investor sentiment.

3 Zacks, 8:50 AM
Kelly Services (KELYA) Q1 earnings lagged analyst estimates. Q1 earnings miss affects financial performance and investor sentiment moderately.

9 Apr

4 Insider Monkey, 9:36 AM
A new shareholder has taken a stake in Kelly Services (KELYA), raising questions on whether it will help close the company's valuation gap amid undervaluation concerns. New shareholder stake signals potential activism to address valuation discount, significantly impacting strategy and investor sentiment.

12 Mar

4 Simply Wall St., 2:13 PM
Kelly Services (KELY.A) investment narrative shifts following new strategic targets and ownership changes. New targets and ownership moves indicate major strategic shifts likely to alter trajectory and investor sentiment.

25 Feb

4 Simply Wall St., 5:10 AM
Kelly Services (KELY.A) evolves its story after Q4 results and a reset of its 2026 outlook. Q4 results and 2026 outlook reset indicate major shifts in financial projections and strategic trajectory.

12 Feb

4 GlobeNewswire, 7:30 AM
Kelly Services, Inc. reported its fourth-quarter and full-year 2025 earnings, highlighting a significant increase in revenue and net income compared to the previous year. The company attributed this growth to strong demand for staffing services and successful operational efficiencies. Additionally, Kelly announced plans for strategic investments aimed at enhancing its service offerings and expanding its market presence. The outlook for 2026 remains positive, with expectations of continued growth driven by favorable market conditions and increased client demand. Significant growth in revenue and net income indicates a strong market position and potential for future expansion.

3 transcript GuruFocus.com, 4:02 PM
Kelly Services, Inc. reported its Q4 2025 earnings, highlighting challenges faced in the current market environment. The company discussed strategies to navigate these obstacles, focusing on operational efficiency and adapting to changing client needs. Despite headwinds, management expressed optimism about future growth opportunities and maintaining a competitive edge in the staffing industry. Challenges and strategic responses may moderately influence financial performance and competitive positioning.

3 Zacks, 8:45 AM
Kelly Services, Inc. (KELYA) reported its Q4 earnings, which fell short of analysts' expectations. The company's revenue and profit figures were below forecasts, raising concerns about its future performance. Despite efforts to improve operational efficiency, challenges in the labor market and competition continue to impact results. Investors reacted negatively to the earnings miss, reflecting uncertainty about the company's growth trajectory. Earnings miss indicates potential challenges in financial performance and market sentiment.

3 Associated Press Finance, 7:53 AM
Kelly Services, Inc. (KELYB) reported its Q4 earnings, revealing a decline in revenue compared to the previous year. The company's net income also fell, reflecting challenges in the staffing industry. Despite these setbacks, management expressed optimism about future growth opportunities and strategic initiatives aimed at improving performance. The earnings report highlighted ongoing efforts to adapt to market changes and enhance service offerings. The decline in revenue and net income indicates challenges that may moderately influence financial performance and market sentiment.

11 Feb

3 GlobeNewswire, 7:00 AM
Kelly Services, Inc. has appointed Patrick McCall as Chief Growth Officer, a role aimed at driving the company's growth strategy and enhancing its market presence. McCall brings extensive experience in the staffing industry and is expected to play a crucial role in expanding Kelly's service offerings and client base. The appointment of a Chief Growth Officer may influence Kelly's strategic direction and operational effectiveness.

10 Feb

4 Simply Wall St.Simply Wall St.Simply Wall St., 5:11 PM
Kelly Services, Inc. is facing a potential reset in expectations due to changing market dynamics and internal strategic shifts. The company is adapting to evolving workforce needs and exploring new service offerings to enhance its competitive position. Analysts are closely monitoring these developments, as they could significantly influence Kelly Services' future performance and market sentiment. Strategic shifts and market dynamics are likely to significantly impact the company's trajectory and investor sentiment.

5 Feb

3 GlobeNewswire, 7:30 AM
Kelly Services, Inc. (KELYB) announced its fourth-quarter and full-year 2025 conference call, providing insights into its financial performance and strategic direction. The call will cover key metrics and future outlook, aimed at investors and stakeholders seeking to understand the company's trajectory in the staffing industry. The conference call is expected to provide insights that may moderately influence investor sentiment and financial performance.

30 Jan

4 GlobeNewswire, 4:01 PM
Kelly Services, Inc. has entered into an agreement with Hunt Equity Opportunities, which includes the appointment of new board members. This strategic partnership aims to enhance the company's operational capabilities and drive growth initiatives. The agreement with Hunt Equity Opportunities and the board appointments are significant strategic moves that could alter the company's trajectory and investor sentiment.

27 Jan

3 Simply Wall St., 8:12 AM
Kelly Services, Inc. (KELYB) has received a new price target that is influencing its investment narrative. Analysts are adjusting their forecasts based on recent performance metrics and market conditions, which could lead to shifts in investor sentiment and stock valuation. The updated target reflects expectations for the company's growth and operational strategies moving forward. The new price target indicates a moderately noticeable influence on investor sentiment and potential financial performance.

12 Jan

3 GlobeNewswire, 7:30 AM
Kelly Services, Inc. has adopted a stockholder rights plan, also known as a 'poison pill,' to protect against potential hostile takeovers. This plan allows existing shareholders to purchase additional shares at a discount if any individual or group acquires 15% or more of the company's stock without board approval. The move aims to ensure that shareholders have a say in any significant changes to ownership and to maintain the company's strategic direction. The adoption of a stockholder rights plan may influence investor sentiment and protect against hostile takeovers, but its overall effect on the company's trajectory is expected to be limited.

11 Jan

3 Simply Wall St., 1:08 AM
Kelly Services, Inc. (KELYB) faces challenges following a target cut and a softer outlook, indicating potential difficulties in maintaining growth and profitability. Analysts express concerns about the company's ability to navigate the current market conditions, which may impact its operational performance and investor confidence. The revised expectations suggest a cautious approach moving forward, with implications for the staffing industry as a whole. The target cut and softer outlook are expected to moderately influence Kelly Services' financial performance and market sentiment.

6 Jan

3 Insider Monkey, 9:13 AM
Kelly Services, Inc. (KELYA) reported a decline in Q3 results, attributed to reduced demand for staffing services and challenges in the labor market. The company's revenue fell, and net income decreased significantly compared to the previous year. Management indicated that economic uncertainties and changing client needs have impacted performance, leading to a cautious outlook for the remainder of the year. Efforts to adapt to these market conditions are underway, but the overall sentiment remains cautious as the company navigates these challenges. The decline in revenue and net income indicates a moderately noticeable influence on financial performance and market sentiment.

22 Dec

3 GlobeNewswireHR DiveCFO.comFortune, 7:32 AM
Motion Recruitment has released its 2026 Tech Salary Guide, which highlights compensation trends influenced by advancements in AI and increased specialization within the talent market. The guide provides insights into how these factors are reshaping salary expectations and hiring practices in the tech industry. Shifts in compensation trends due to AI and specialization may moderately influence Kelly Services' operations and market positioning.

17 Dec

4 GlobeNewswire, 10:06 AM
KellyOCG and Sevenstep have been recognized as the top provider of total workforce solutions, highlighting their leadership in the industry. This accolade underscores their commitment to delivering comprehensive workforce management services, enhancing their competitive edge in the market. Recognition as the top provider of total workforce solutions is likely to significantly enhance market positioning and investor sentiment.

13 Dec

3 Simply Wall St., 6:12 PM
Kelly Services, Inc. is facing new challenges and strategic shifts that are reshaping its business narrative. The company is adapting to changing market conditions and evolving client needs, which may impact its operational focus and growth strategies. These adjustments are crucial as Kelly Services navigates a competitive landscape and seeks to enhance its service offerings. Strategic shifts and market challenges are expected to moderately influence Kelly Services' operational performance and competitive positioning.

27 Nov

3 Simply Wall St., 3:06 PM
Recent analyst updates have shifted the narrative around Kelly Services, Inc. (KELYB), highlighting changes in market sentiment and expectations for the company's future performance. Analysts are reassessing their outlook based on new data and trends in the staffing industry, which could influence investor confidence and stock performance. The updates suggest potential growth opportunities and challenges ahead, prompting a reevaluation of Kelly Services' strategic positioning. Analyst updates indicate a moderate shift in market sentiment that may affect Kelly Services' competitive positioning and financial performance.

25 Nov

3 PR Newswire, 4:01 PM
Workday announced its fiscal 2026 third quarter financial results, showcasing strong revenue growth and increased demand for its cloud-based solutions. The company reported a significant rise in subscription revenue, driven by new customer acquisitions and expansion within existing accounts. Workday's focus on innovation and product enhancements contributed to its positive performance, positioning it well for future growth in the competitive enterprise software market. Workday's strong financial results indicate a moderately noticeable influence on market sentiment and competitive positioning for companies like Kelly Services.

17 Nov

4 GlobeNewswire, 8:00 AM
Kelly Education has launched the LEARN Standards, a pioneering framework designed to enhance the skills and effectiveness of substitute teachers and paraeducators. This initiative aims to provide clear guidelines and best practices, ensuring that educational professionals are better equipped to support student learning and engagement. The LEARN Standards focus on key areas such as classroom management, instructional strategies, and professional development, marking a significant step in improving educational quality in temporary staffing roles. The introduction of the LEARN Standards represents a significant strategic move that could enhance Kelly Education's competitive positioning in the educational staffing market.

12 Nov

3 GlobeNewswireThe Daily UpsideHR DiveHR DiveHR DiveThe ConversationHR DiveFortune, 9:21 AM
Most executives believe that neglecting artificial intelligence (AI) poses a greater risk to career advancement than the technology itself. As AI continues to evolve, professionals who fail to adapt may find themselves at a disadvantage in the job market. The article emphasizes the importance of embracing AI to remain competitive and relevant in various industries. Adapting to AI is crucial for maintaining competitive positioning and may influence workforce dynamics.

8 Nov

3 Simply Wall St., 1:08 AM
Kelly Services, Inc. (KELYB) has lowered its guidance, prompting analysts to reassess the company's valuation and future prospects. The adjustments reflect concerns over market conditions and operational challenges that may impact financial performance. Analysts are now viewing the company's trajectory with caution, indicating a potential shift in investor sentiment as they navigate these changes. Lowered guidance and valuation changes are expected to moderately influence financial performance and market sentiment.

6 Nov

3 transcript , 4:12 PM
Kelly Services, Inc. reported its Q3 2025 earnings, highlighting challenges in the labor market and operational adjustments. The company emphasized its focus on strategic initiatives to enhance workforce solutions and adapt to changing client needs. Despite facing headwinds, management expressed optimism about future growth opportunities and ongoing investments in technology and talent development. Challenges in the labor market and strategic adjustments may moderately influence financial performance and competitive positioning.

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