Kforce, Inc.

KFRC Industrials Staffing & Employment Services

Kforce, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, down 5.43% from fiscal 2024.

Revenue
+7.55%
EPS
+46.2%
Free cash flow
−145.9%
Total debt
+66.0%

Quarter to September 2026, against a year earlier

58.29 0.88 +1.53%
Market cap
$1.0B
P/E
24.2×
Fwd P/E
21.0×
Dividend yield
2.73%
F-score
4/9
Altman Z
7.85
Beneish M
−2.92
Dividend safety
59/100

Insider Decisions last twelve months

Sold, $m 0.11
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — 1 — — — —
Insider Ownership 1.30%

Capital & Financial Ratios $m

Size
Market Cap 1,030.00
Revenue ttm 1,369.47
Net income ttm 40.86
Free cash flow ttm 8.64
Net debt Q 107.65
Valuation
P/E 24.18
Forward P/E 21.00
Price / sales 0.71
Forward P/S Powerpack
Price / FCF 113.17
Price / book 7.18 (above 6: high)
Financial health
Current ratio Q 1.95 (at or above 1.5: strong)
Debt / equity Q 0.79
Interest coverage Q —
Growth
Revenue growth Q +7.55% (above 0%: growing)
Operating income growth Q +50.08% (above 0%: growing)
EPS, this year +30.38% (at or above 15%: strong)
EPS, next year A +13.72%
Revenue, next year A +4.89%
EPS, past 5 yrs −5.64% (below 0%: weak)
EPS, next 5 yrs A +20.89% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 94.16%
10-year low 10-year high
P/S against its own 10 years 66.89%
10-year low 10-year high
P/B against its own 10 years 87.00%
10-year low 10-year high
EV/Sales against its own 10 years 81.35%
10-year low 10-year high
EV/FCF against its own 10 years 99.93%
10-year low 10-year high

Dividends raised 8 years running

Yield
2.73%
Annual rate
1.59
Payout ratio
66.6%
Growth, 2016–25
+14.0%/yr
  1. 0.48 ’16
  2. 0.48 ’17 +0%
  3. 0.60 ’18 +25%
  4. 0.72 ’19 +20%
  5. 0.80 ’20 +11%
  6. 0.98 ’21 +22%
  7. 1.20 ’22 +22%
  8. 1.44 ’23 +20%
  9. 1.52 ’24 +6%
  10. 1.56 ’25 +3%
  11. 1.60 ’26e +3%
paid forecast Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 0 0 2 0
Receivables 233 216 190 230
Inventory — — — —
Other — — — —
244 225 202 249
2023 2024 2025 Q'26
Payables 65 62 68 61
ST’ Debt — — — —
Other — — — —
103 112 114 127

Compound Annual Growth %

10y 5y 3y
Sales 0.07% (1.00%) (8.07%)
Cash Flow (1.37%) (10.80%) (12.11%)
Earnings (2.05%) (9.08%) (22.71%)
Book Value (1.13%) (7.09%) (11.90%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.46 0.73 0.90 — —
’25 0.45 0.59 0.63 0.30 1.96
’24 0.58 0.75 0.75 0.60 2.68
’23 0.82 0.95 0.54 0.82 3.13
’22 0.93 1.30 1.09 0.35 3.68
’21 0.62 1.00 0.96 0.98 3.54
’20 0.42 0.47 0.89 0.86 2.62
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 330 349 358 — —
’25 330 334 333 332 1,329
’24 352 356 353 344 1,405
’23 406 389 373 363 1,532
’22 417 437 438 420 1,711
’21 363 404 403 410 1,580
’20 335 343 365 354 1,398
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (4) (3) 10 — —
’25 0 18 23 20 62
’24 13 21 31 22 87
’23 19 21 29 22 91
’22 39 32 7 13 91
’21 22 14 23 13 73
’20 3 36 55 15 109
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (7) (7) 6 — —
’25 (4) 14 20 17 47
’24 11 18 27 23 79
’23 17 18 27 21 84
’22 37 31 6 9 83
’21 21 36 21 12 90
’20 1 38 53 14 106
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 1,320 1,254 1,304 1,347 1,398 1,580 1,711 1,532 1,405 1,329 1,369 +0.1% 1,394 1,466 1,533 +4.9%
Gross margin, % 30.95 29.96 29.64 29.32 28.35 28.92 29.29 27.88 27.43 27.19 27.79 (3.8) pt
EBT 56 55 68 71 75 99 102 85 68 47 59 (1.9%)
EBT margin, % 4.24 4.38 5.21 5.30 5.38 6.28 5.99 5.57 4.81 3.53 4.27 (0.7) pt
Net income 33 33 58 131 56 75 75 61 50 35 41 +0.7%
Per share, $
Per share, $ Revenue 50.57 49.70 52.71 58.11 66.61 76.77 85.31 79.83 75.66 75.19 81.67 +4.5%
Earnings 1.25 1.30 2.30 5.50 2.62 3.54 3.68 3.13 2.68 1.96 2.41 +5.1%
Cash flow 1.53 1.16 3.55 2.87 5.20 3.54 4.53 4.77 4.68 3.49 1.34 +9.6%
Capex (0.48) (0.19) (0.17) 4.84 (0.14) 0.84 (0.40) (0.40) (0.41) (0.84) (0.83) +6.5%
Free cash flow 1.05 0.97 3.38 7.71 5.06 4.38 4.12 4.36 4.27 2.65 0.52 +10.8%
Book value 4.66 5.32 6.80 7.21 8.58 9.16 9.09 8.29 8.32 7.05 8.12 +4.7%
Shares, m 26 25 25 23 21 21 20 19 19 18 17 (4.2%)
Valuation, ×
Valuation, × P/E 18.88 19.85 13.39 7.34 15.94 21.13 14.87 21.42 21.16 15.70 24.18 17.0
P/S 0.47 0.52 0.59 0.68 0.63 0.98 0.64 0.84 0.75 0.41 0.71 0.7
P/B 5.06 4.88 4.54 5.50 4.91 8.22 6.01 8.09 6.81 4.39 7.18 5.8
EV/Sales 0.55 0.62 0.64 0.72 0.63 1.05 0.71 0.93 0.84 0.53 0.87 0.7
EV/FCF 26.64 31.62 10.01 5.44 8.33 18.30 14.76 17.06 14.95 15.19 137.21 16.2
Cash, $m
Cash, $m Operating cash flow 40 29 88 67 109 73 91 91 87 62 23 +5.0%
Capex (12) (5) (4) 112 (3) 17 (8) (8) (8) (15) (14) +2.0%
Free cash flow 27 24 84 179 106 90 83 84 79 47 9 +6.1%
Balance, $m
Balance, $m Working capital 135 162 158 160 231 212 146 141 113 89 122 (4.6%)
Net debt 114 119 72 45 (3) 3 25 41 32 64 108 (6.2%)
Shareholders’ equity 122 134 168 167 180 188 182 159 155 125 136 +0.3%
Returns, %
Returns, % ROA 9.14 8.88 15.17 34.39 13.03 15.30 16.85 16.29 14.09 9.63 10.16 +0.5 pt
ROIC 15.65 14.83 18.85 22.01 28.43 34.82 35.17 27.15 23.31 16.57 15.85 +0.9 pt
ROE 25.08 26.00 38.32 77.99 32.28 40.82 40.71 35.79 32.14 24.94 30.46 (0.1) pt
People
People Employees 2,800 2,600 2,400 2,300 2,000 2,000 2,000 1,800 1,700 1,600 — (6.0%)
Revenue/emp, $m 0.47 0.48 0.54 0.59 0.70 0.79 0.86 0.85 0.83 0.83 — +6.5%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Kforce, Inc. vs peers in Staffing & Employment Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
KFY Korn/Ferry International $4.2B 14.2× 13.9× +6.86% (above 0%: growing) +5.47% (above 0%: growing) −2.15% (below 0%: shrinking) 25.61% 12.21% Compare
TNET TriNet Group, Inc. $2.9B 17.1× 20.0× −4.43% (below 0%: shrinking) +50.65% (above 0%: growing) +17.54% (above 0%: growing) 20.07% 6.52% Compare
MAN ManpowerGroup Inc. $2.2B 18.0× 16.0× +4.44% (above 0%: growing) +86.44% (above 0%: growing) −135.70% (below 0%: shrinking) 15.85% 1.70% Compare
NSP Insperity, Inc. $1.9B — (loss-making) 48.9× +1.69% (above 0%: growing) n/m +147.67% (above 0%: growing) 12.87% 0.36% Compare
KFRC Kforce, Inc. $1.0B 27.1× 21.0× +4.49% (above 0%: growing) +23.73% (above 0%: growing) −145.85% (below 0%: shrinking) 28.47% 5.37%
BBSI Barrett Business Services, Inc. $788.4M 23.4× 24.3× +3.77% (above 0%: growing) −26.39% (below 0%: shrinking) −5.41% (below 0%: shrinking) 20.31% 4.82% 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% Compare
KELYA Kelly Services, Inc. $610.2M — (loss-making) 25.8× −5.77% (below 0%: shrinking) −40.38% (below 0%: shrinking) −48.93% (below 0%: shrinking) 20.42% 1.55% Compare
TBI TrueBlue, Inc. $297.4M — (loss-making) — (loss-making) +11.78% (above 0%: growing) n/m −49.23% (below 0%: shrinking) 20.67% (0.26%) Compare
Median of peers $1.3B 17.6× 22.2× +2.73% −10.46% −27.17% 20.37% 1.63%

All 18 Staffing & Employment Services stocks →

Pay and ownership Proxy statement filed 13 March 2026

Ownership

Directors and executive officers, together 7.30%
Kayne Anderson Rudnick Investment Management, LLC 10.90%
BlackRock, Inc. 7.60%
The Vanguard Group 6.80%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Kforce, Inc. (KFRC) Latest News

27 Oct

24 Oct

13 May

Impact 3 · · StockStory

27 Apr

Impact 4 · · The Motley Fool transcript
stockrow.com/KFRC · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com