KFORCE INC KFRC
Kforce Inc., along with its subsidiaries (collectively, "Kforce"), is a solutions firm specializing in technology, finance and accounting, and other professional staffing services. Through our KNOWLEDGEforce®, we help industry-leading companies realize their digital transformation initiatives. We assemble and deploy teams of skilled technical experts who design and deliver solutions tailored to the unique requirements of each client. These scalable and flexible solutions are shaped by our deep market insight, thought leadership and broad experience across multiple industries.
Our integrated approach is rooted in more than 60 years of proven success providing highly skilled professionals on a temporary ("Flex") basis, whether through traditional staffing assignments or solutions-oriented engagements where we are responsible for delivering defined outcomes. We also support our clients by placing highly skilled professionals in permanent ("Direct Hire") roles. Each year, approximately 17,000 talented experts work with Fortune 500 and other leading companies, enabling us to achieve Great Results Through Strategic Partnership and Knowledge Sharing®.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.33B | $1.41B | $1.53B | $1.71B | $1.58B | $1.40B | $1.35B | $1.30B | $1.25B | $1.32B |
| Cost of revenue | $967.6M | $1.02B | $1.10B | $1.21B | $1.12B | $1.00B | $952.3M | $917.5M | $878.0M | $911.2M |
| Gross profit | $361.4M | $385.4M | $427.1M | $501.1M | $456.9M | $396.2M | $395.0M | $386.5M | $375.6M | $408.5M |
| SG&A | $305.7M | $309.8M | $334.9M | $379.8M | $345.7M | $310.7M | $314.2M | $307.2M | $308.3M | $340.7M |
| Total operating expenses | — | — | $341.8M | $398.7M | $357.6M | $321.0M | $323.6M | $318.6M | $320.7M | $352.5M |
| Operating income | $50.1M | $69.7M | $87.1M | $116.9M | $106.6M | $80.3M | $74.8M | $72.4M | $60.0M | $59.1M |
| Pre-tax income | $46.9M | $67.6M | $85.2M | $102.4M | $99.3M | $75.2M | $71.4M | $67.9M | $54.9M | $56.0M |
| Income tax | $12.1M | $17.2M | $24.2M | $27.0M | $24.1M | $19.2M | $16.8M | $17.0M | $25.3M | $23.2M |
| Net income | $34.8M | $50.4M | $61.1M | $75.4M | $75.2M | $56.0M | $130.9M | $58.0M | $33.3M | $32.8M |
| EPS, basic | 1.97 | 2.71 | 3.18 | 3.76 | 3.65 | 2.67 | 5.64 | 2.34 | 1.32 | 1.26 |
| EPS, diluted | 1.96 | 2.68 | 3.13 | 3.68 | 3.54 | 2.62 | 5.50 | 2.30 | 1.30 | 1.25 |
| Shares, diluted (wtd. avg.) | $17.8M | $18.8M | $19.5M | $20.5M | $21.2M | $21.4M | $23.8M | $25.3M | $25.6M | $26.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.1M | $349.0K | $119.0K | $121.0K | $97.0M | $103.5M | $19.8M | $112.0K | $379.0K | $1.5M |
| Receivables | $190.5M | $215.7M | $233.4M | $269.5M | $265.3M | $228.4M | $217.9M | $210.6M | $225.9M | $206.4M |
| Total current assets | $202.3M | $225.4M | $244.5M | $277.8M | $372.1M | $338.9M | $245.2M | $248.5M | $245.4M | $218.7M |
| Property, plant and equipment | $6.0M | $7.7M | $9.4M | $8.6M | $6.0M | $26.8M | $30.0M | $34.3M | $39.7M | $43.1M |
| Goodwill | $25.0M | $25.0M | $25.0M | $25.0M | $25.0M | $25.0M | $25.0M | $25.0M | $25.0M | $46.0M |
| Other intangibles | — | — | — | — | — | — | — | $3.0M | $3.3M | $3.6M |
| Total assets | $365.6M | $357.8M | $358.0M | $392.0M | $503.4M | $479.0M | $381.1M | $379.9M | $384.3M | $365.4M |
| Accounts payable | $40.2M | $38.3M | $42.8M | $49.6M | $40.2M | $20.2M | $20.3M | $18.8M | $21.6M | $20.3M |
| Total current liabilities | $113.7M | $112.5M | $103.0M | $131.4M | $160.4M | $108.2M | $85.0M | $90.4M | $83.7M | $83.4M |
| Total liabilities | $241.0M | $203.2M | $198.9M | $209.8M | $315.0M | $299.1M | $213.9M | $211.6M | $250.0M | $243.7M |
| Retained earnings | $552.2M | $546.2M | $525.2M | $492.8M | $442.6M | $388.6M | $350.5M | $237.3M | $195.1M | $175.0M |
| Total equity | $124.6M | $154.6M | $159.1M | $182.2M | $188.4M | $179.9M | $167.3M | $168.3M | $134.3M | $121.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $61.6M | $86.9M | $91.5M | $90.8M | $72.9M | $109.2M | $66.6M | $87.7M | $29.3M | $39.8M |
| Depreciation and amortisation | $5.5M | $5.9M | $5.0M | $4.4M | $4.5M | $5.3M | $6.5M | $8.3M | $8.5M | $8.8M |
| Stock-based compensation | $13.7M | $14.0M | $17.7M | $17.7M | $14.0M | $11.6M | $9.9M | $8.8M | $7.6M | $6.7M |
| Capital expenditure | $14.8M | $7.6M | $7.8M | $8.1M | $6.4M | $6.5M | $10.4M | $5.2M | $5.8M | $12.4M |
| Investing cash flow | -$14.1M | -$7.6M | -$4.9M | -$14.3M | $8.3M | -$6.9M | $103.2M | -$4.2M | -$4.8M | -$12.4M |
| Financing cash flow | -$45.7M | -$79.1M | -$86.6M | -$173.4M | -$87.7M | -$18.6M | -$150.1M | -$83.8M | -$25.6M | -$27.4M |
| Dividends paid | $27.5M | $28.2M | $27.6M | $24.0M | $20.1M | $16.8M | $16.6M | $14.9M | $12.1M | $12.4M |
| Buybacks | $50.9M | $41.9M | $75.0M | $74.9M | $66.2M | $35.6M | $124.5M | $22.2M | $14.6M | $46.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000930420-26-000007.
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