KELYANasdaqServices-Help Supply ServicesFiscal year ends January 3Also trades as KELYB
KELLY SERVICES INC
Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Aug 6, 2026
$15.24+0.10 (+0.66%)
Close on Oct 19, 2026
- Market cap
- $536.45M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
20.1%+1.7 pts over 5 years
Operating margin
-1.6%+0.4 pts over 5 years
Net margin
-6.0%−4.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.9% | -5.0% | -1.2% | -2.6% | |
| Gross profit | -3.4% | -5.5% | +0.6% | -0.8% | |
| Free cash flow | +622.2% | – | -7.7% | +29.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 12.7% | -5.8% | -23.0% | |
| Return on assets | 6.1% | -2.9% | -10.4% | |
| Current ratio | 1.58 | 1.67 | 1.54 | |
| Interest coverage | 16.6× | -31.2× | -5.6× | |
| Capex to revenue | 0.2% | 0.3% | 0.2% | |
| Diluted shares | 38M | 39M | 35M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Kelly Services generated $387.50M from operations and spent $105.60M on capital expenditure, dividends and share buybacks. 55% of that went back into the business.
Generated
$387.50M
Used
$105.60M
Capital expenditure$58.10M55%Dividends$47.50M45%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-6.0%
×Asset turnover1.74×
×Equity multiplier2.21×
=Return on equity, FY2025-23.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -6.0% | 1.74× | 2.21× | -23.0% |
| FY2024 | -0.0% | 1.66× | 2.10× | -0.0% |
| FY2023 | 0.8% | 1.84× | 2.09× | 2.9% |
| FY2022 | -1.3% | 1.79× | 2.15× | -4.8% |
| FY2021 | 3.2% | 1.80× | 2.15× | 12.3% |
| FY2020 | -1.6% | 1.79× | 2.04× | -5.8% |
| FY2019 | 2.1% | 2.23× | 1.98× | 9.3% |
| FY2018 | 0.4% | 2.35× | 2.03× | 2.0% |
| FY2017 | 1.3% | 2.44× | 2.04× | 6.6% |
| FY2016 | 2.3% | 2.66× | 2.08× | 12.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$254.10M
- Cash generatingOperating cash flow above zero$122.60M
- Return on assets improvedROA up on the prior year-0.0% → -9.7%
- Earnings backed by cashOperating cash flow above net income$122.60M vs -$254.10M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.65 → 1.54
- No dilutionShare count did not rise36M → 35M
- Gross margin improvedGross margin up on the prior year20.37% → 20.07%
- More efficientAsset turnover rose1.68 → 1.61