Saturday 10 October 2026 Export all KELYB data to Excel Powerpack

Kelly Services, Inc.

KELYB Industrials Staffing & Employment Services

Kelly Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.3 billion, down 1.87% from fiscal 2024. In the quarter to June 2026, revenue fell 5.77%, EPS fell 40.4%, free cash flow fell 48.9% and total debt rose 5.11%, each against the same quarter a year earlier. Dividend growth for three consecutive years; insiders bought in the last twelve months.

22.19 0.00 0.00%

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Market cap: $659.7M
P/E: 0.0×
Fwd P/E: —
Dividend yield: —
F-score: 5/9
Altman Z: 2.77
Beneish M: −3.36
Dividend safety: 49/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.33

Total sells 106.29

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	4	2	—	—	—	—	—	—	—
Sell	—	1	1	—	—	—	1	—	—	—	—	—

Insider Ownership 11.24%

Capital & Financial Ratios $m

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

Fwd P/E —

P/S ratio 0.19

P/B ratio 0.78

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 85.70%

10-year low 10-year high

P/B against its own 10 years 76.54%

10-year low 10-year high

EV/Sales against its own 10 years 90.10%

10-year low 10-year high

EV/FCF against its own 10 years 85.83%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	0.38	0.08 0.08 0.08 0.08 0.08
2022	0.28	0.05 0.08 0.08 0.08
2021	0.10	0.05 0.05
2020	0.08	0.08
2019	0.30	0.08 0.08 0.08 0.08
2018	0.30	0.08 0.08 0.08 0.08
2017	0.30	0.08 0.08 0.08 0.08
2016	0.28	0.05 0.08 0.08 0.08

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	126	39	33	24
Receivables	1,161	1,256	1,189	1,225
Inventory	—	—	—	—
Other	291	—	—	—
	1,627	1,366	1,268	1,297

	2023	2024	2025	Q'26
Payables	646	614	631	662
ST’ Debt	—	—	—	—
Other	170	—	—	—
	1,020	827	822	867

Compound Annual Growth %

	10y	5y	3y
Sales	(2.58%)	(1.20%)	(5.05%)
Cash Flow	17.09%	(8.00%)	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	0.87%	(4.09%)	(8.00%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,041	1,038	—	—	—
’25	1,165	1,102	935	1,049	4,251
’24	1,045	1,058	1,038	1,191	4,332
’23	1,268	1,217	1,118	1,232	4,836
’22	1,296	1,267	1,168	1,234	4,965
’21	1,206	1,258	1,195	1,250	4,910
’20	1,261	975	1,038	1,241	4,516

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(25)	49	—	—	—
’25	24	95	(25)	29	123
’24	(25)	58	(20)	15	27
’23	(13)	37	10	43	77
’22	(106)	(1)	(4)	35	(76)
’21	11	37	(17)	54	85
’20	8	170	38	(30)	186

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(26)	48	—	—	—
’25	21	93	(28)	28	115
’24	(29)	59	(23)	13	20
’23	(18)	32	7	40	61
’22	(107)	1	(6)	35	(78)
’21	8	35	(19)	50	74
’20	61	165	(3)	3	226

Fiscal quarters ending in the months shown.

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)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	15.04	20.18	21.50	20.66	10.35	16.63	13.64	14.86	13.93	8.38	Analyst estimates 2026–2028 Powerpack
	High	27.80	28.50	34.30	29.43	90.36	60.00	26.64	21.65	25.00	15.15
People
People	Employees	1,100	1,100	1,100	440,000	370,000	350,000	300,000	3,700	4,200	3,600
	Revenue/emp, $m	4.80	4.89	5.01	0.01	0.01	0.01	0.02	1.31	1.03	1.18
Income, $m
Income, $m	Revenue	5,277	5,374	5,514	5,356	4,516	4,910	4,965	4,836	4,332	4,251
	Gross margin, %	17.18	17.75	17.63	18.08	18.33	18.72	20.38	19.88	20.37	20.07
	EBT	150	82	(9)	116	(107)	186	(71)	25	(22)	(79)
	EBT margin, %	2.84	1.52	(0.17)	2.17	(2.36)	3.78	(1.43)	0.51	(0.51)	(1.85)
	Net income	121	72	23	112	(72)	156	(62)	36	(1)	(254)
	Depreciation	21	23	26	54	193	51	93	50	124	155
Per share, $
Per share, $	Revenue	138.50	140.32	142.11	136.97	114.91	124.61	130.33	134.70	122.02	121.11
	Earnings	3.15	1.84	0.59	2.85	(1.83)	3.93	(1.64)	0.99	(0.02)	(7.24)
	Cash flow	1.05	1.85	1.58	2.61	4.73	2.16	(2.00)	2.14	0.76	3.49
	Capex	(0.33)	(0.64)	(0.66)	(0.16)	1.02	(0.28)	(0.05)	(0.43)	(0.19)	(0.21)
	Free cash flow	0.72	1.21	0.92	2.46	5.75	1.87	(2.05)	1.71	0.57	3.28
	Book value	26.56	30.07	29.88	32.34	30.61	33.91	32.92	34.92	34.78	27.82
	Shares, m	38	38	39	39	39	39	38	36	36	35
Valuation, ×
Valuation, ×	P/E	7.10	15.49	39.30	7.67	0.00	4.34	0.00	21.92	0.00	0.00
	P/S	0.16	0.20	0.15	0.16	0.18	0.14	0.13	0.16	0.11	0.07
	P/B	0.84	0.95	0.74	0.67	0.67	0.50	0.52	0.62	0.40	0.31
	EV/Sales	0.16	0.20	0.15	0.16	0.14	0.13	0.11	0.15	0.16	0.09
	EV/FCF	30.44	23.14	22.93	9.09	2.88	8.66	(7.16)	11.70	34.58	3.26
Cash, $m
Cash, $m	Operating cash flow	40	71	61	102	186	85	(76)	77	27	123
	Capex	(13)	(25)	(26)	(6)	40	(11)	(2)	(15)	(7)	(7)
	Free cash flow	27	46	36	96	226	74	(78)	61	20	115
Balance, $m
Balance, $m	Working capital	444	458	503	522	624	494	586	607	539	447
	Total debt	—	10	2	47	70	82	56	—	239	102
	Net debt	(30)	(22)	(33)	21	(153)	(31)	(98)	(126)	200	69
	Shareholders’ equity	1,012	1,152	1,160	1,265	1,203	1,336	1,254	1,254	1,235	977
Returns, %
Returns, %	ROA	5.96	3.20	0.98	4.64	(2.86)	5.67	(2.25)	1.39	(0.02)	(10.41)
	ROIC	4.02	4.61	4.85	3.98	(5.57)	2.33	0.80	1.35	(0.66)	(4.17)
	ROE	12.39	6.52	1.98	9.18	(5.84)	12.18	(4.83)	2.90	(0.05)	(22.98)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MAN ManpowerGroup Inc.	$2.5B	23.7×	12.0×	+7.54% (above 0%: growing)	n/m	+96.09% (above 0%: growing)	16.05%	2.30%	Compare
NSP Insperity, Inc.	$1.9B	— (loss-making)	40.1×	+1.69% (above 0%: growing)	n/m	+147.67% (above 0%: growing)	12.87%	0.36%	Compare
KFRC Kforce, Inc.	$937.5M	24.2×	19.4×	+4.49% (above 0%: growing)	+23.73% (above 0%: growing)	−145.85% (below 0%: shrinking)	28.47%	5.37%	Compare
BBSI Barrett Business Services, Inc.	$779.9M	22.8×	21.5×	+3.77% (above 0%: growing)	−26.39% (below 0%: shrinking)	−5.41% (below 0%: shrinking)	20.31%	4.82%	Compare
HHR HeadHunter Group PLC Sponsored ADR	$761.1M	6.5×	7.9×	+4.60% (above 0%: growing)	n/m	+41.15% (above 0%: growing)	56.09%	51.95%	Compare
KELYB Kelly Services, Inc.	$659.7M	— (loss-making)	—	−5.77% (below 0%: shrinking)	−40.38% (below 0%: shrinking)	−48.93% (below 0%: shrinking)	20.42%	1.55%
KELYA Kelly Services, Inc.	$582.7M	— (loss-making)	19.2×	−5.77% (below 0%: shrinking)	−40.38% (below 0%: shrinking)	−48.93% (below 0%: shrinking)	20.42%	1.55%	Compare
TBI TrueBlue, Inc.	$278.9M	— (loss-making)	— (loss-making)	+11.78% (above 0%: growing)	n/m	−49.23% (below 0%: shrinking)	20.67%	(0.26%)	Compare
HQI HireQuest, Inc.	$252.7M	29.2×	25.2×	+6.04% (above 0%: growing)	+150.00% (above 0%: growing)	−37.48% (below 0%: shrinking)	100.00%	41.28%	Compare
Median of peers	$770.5M	23.7×	19.4×	+4.55%	−1.33%	−21.44%	20.55%	3.56%

All 19 Staffing & Employment Services stocks →

Kelly Services, Inc. (KELYB) key facts

Concern: Kelly Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.3 billion, down 1.87% from fiscal 2024.
Kelly Services, Inc. (KELYB) is a Staffing & Employment Services company in the Industrials sector, listed on Nasdaq.
As of October 9, 2026, KELYB traded at $22.19, a market capitalization of $659.7 million.
Return on equity was −23.0% and debt-to-equity 0.08.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.77 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.