Kelly Services (KELYA) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Kelly Services

NasdaqGS•Industrials•Staffing & Employment Services

$15.88-0.04(<0.01%)Market closed

Market Cap

$562.83M

P/S

0.1x

P/B

0.6x

Kelly Services, Inc., together with its subsidiaries, provides workforce solutions to various industries in the Americas, Europe, Mexico, and the Asia-Pacific region. It operates in three segments: Enterprise Talent Management, Science, Engineering & Technology, and Education. The Enterprise Talent Management segment delivers temporary staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions. This segment also delivers talent solutions, including managed service provider, payroll process outsourcing, recruitment process outsourcing solutions, and executive coaching programs to customers on a global basis that includes its RocketPower and Sevenstep brands. The Science, Engineering & Technology segment offers temporary 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. Kelly Services, Inc. was founded in 1946 and is headquartered in Troy, Michigan.

How this company scores

AverageMetricSide Score: 40/100

Strongest: Balance Sheet & Red Flags (16/25); weakest: Profitability (3/25).

Profitability3/25

Growth8/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality13/25

Strengths

Low leverageCash-backed earningsImproving marginsNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 17.6x5y range 4.2x – 487.7x

Currently near its 11-quarter median.

P/S · 0.1x5y range 0.1x – 0.2x

Currently near its 20-quarter median.

P/B · 0.6x5y range 0.3x – 0.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $562.83M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $4.06B
Q. Revenue: $1.04B
TTM EBITDA: $-51.20M
TTM Op. Income: $-91.80M
Q. Op. Income: $16.10M
TTM Net Income: $-273.40M
Q. Net Income: $11.40M
EPS: $0.31
Shares Out.: $34.70M

$4.06B in TTM revenue declined 9.6% YoY, reaching $1.04B last quarter. TTM EBITDA of $-51.20M and TTM operating income of $-91.80M show growth is flowing through to the bottom line. However, net income is negative at $273.40M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 4 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 20.4%
EBITDA Margin: 2.5%
Op. Margin: 1.6%
Net Margin: 1.1%

Op. margin of 1.6% is down 0.5% YoY — costs are rising relative to revenue. Net margin at 1.1% and gross margin of 20.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 23% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.1x
P/B Ratio: 0.6x

P/S of 0.1x and P/B of 0.6x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.28B
Cash: $24.20M
Long-Term Debt: $78.10M
Book Value: $982.00M
D/E Ratio: 0.1
Debt/EBITDA: 3.0

With $2.28B in assets and $78.10M in long-term debt, D/E is 0.1and book value is $982.00M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 36% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $49.20M
TTM Free Cash Flow: $20.50M
FCF Margin: 0.5%
FCF / Net Income: -0.1

TTM FCF of $20.50M on $49.20M in operating cash flow. The FCF / Net Income ratio of -0.1x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.