NYSE : KFRC
Kforce Inc. — Financial statements
Industrials · Staffing & Employment Services · United States
Last price 57.87 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 969.90M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Kforce Inc. (KFRC) reported revenue of 1.37B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.37B | 1.33B | 1.41B | 1.53B | 1.71B | 1.58B |
| Cost of Revenue | 988.90M | 967.63M | 1.02B | 1.10B | 1.21B | 1.12B |
| Gross Profit | 380.56M | 361.37M | 385.44M | 427.07M | 501.11M | 456.86M |
| Selling, General & Admin | 313.65M | 305.75M | 309.80M | 334.93M | 379.81M | 345.72M |
| Operating Expenses | 318.74M | 311.30M | 315.72M | 339.94M | 384.24M | 350.22M |
| Operating Income | 61.83M | 50.08M | 69.72M | 87.12M | 116.86M | 106.64M |
| Interest Expense | -3.28M | -3.12M | -2.10M | -1.12M | -973.00K | -3.07M |
| Earnings From Equity Investments | -750.00K | -3.82M | -2.48M | |||
| Other Non Operating Income (Expenses) | -17.00K | -10.00K | 1.00K | 4.06M | -2.00K | |
| EBT Excluding Unusual Items | 58.53M | 46.95M | 67.62M | 85.25M | 116.13M | 101.09M |
| Gain (Loss) on Sale of Investments | -13.68M | |||||
| Other Unusual Items | -1.82M | |||||
| Pretax Income | 58.53M | 46.95M | 67.62M | 85.25M | 102.44M | 99.27M |
| Income Tax Expense | 17.67M | 12.12M | 17.21M | 24.18M | 27.01M | 24.09M |
| Earnings From Continuing Operations | 40.86M | 34.83M | 50.41M | 61.08M | 75.43M | 75.18M |
| Net Income | 40.86M | 34.83M | 50.41M | 61.08M | 75.43M | 75.18M |
| Net Income to Common | 40.86M | 34.83M | 50.41M | 61.08M | 75.43M | 75.18M |
| Shares Outstanding (Basic) | 16.98M | 17.68M | 18.57M | 19.19M | 20.05M | 20.58M |
| Shares Outstanding (Diluted) | 17.21M | 17.78M | 18.81M | 19.51M | 20.50M | 21.21M |
| EPS (Basic) | 2.41 | 1.97 | 2.71 | 3.18 | 3.76 | 3.65 |
| EPS (Diluted) | 2.37 | 1.96 | 2.68 | 3.13 | 3.68 | 3.54 |
| Free Cash Flow | 8.64M | 46.80M | 79.30M | 83.70M | 82.70M | 66.46M |
| Free Cash Flow Per Share | 0.50 | 2.63 | 4.22 | 4.29 | 4.03 | 3.13 |
| Dividend Per Share | 1.59 | 1.56 | 1.52 | 1.44 | 1.20 | 0.98 |
| Gross Margin | 27.79% | 27.19% | 27.43% | 27.88% | 29.29% | 28.92% |
| Operating Margin | 4.52% | 3.77% | 4.96% | 5.69% | 6.83% | 6.75% |
| Profit Margin | 2.98% | 2.62% | 3.59% | 3.99% | 4.41% | 4.76% |
| Free Cash Flow Margin | 0.63% | 3.52% | 5.64% | 5.46% | 4.83% | 4.21% |
| EBITDA | 64.32M | 52.72M | 72.90M | 90.26M | 119.52M | 109.47M |
| EBITDA Margin | 4.70% | 3.97% | 5.19% | 5.89% | 6.99% | 6.93% |
| D&A For EBITDA | 2.49M | 2.65M | 3.18M | 3.14M | 2.65M | 2.82M |
| EBIT | 61.83M | 50.08M | 69.72M | 87.12M | 116.86M | 106.64M |
| EBIT Margin | 4.52% | 3.77% | 4.96% | 5.69% | 6.83% | 6.75% |
| Effective Tax Rate | 30.20% | 25.82% | 25.45% | 28.36% | 26.37% | 24.27% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 250.00K | 2.14M | 349.00K | 119.00K | 121.00K | 96.99M |
| Cash & Short-Term Investments | 250.00K | 2.14M | 349.00K | 119.00K | 121.00K | 96.99M |
| Accounts Receivable | 229.65M | 190.46M | 215.69M | 233.43M | 269.50M | 265.32M |
| Other Receivables | 3.01M | |||||
| Receivables | 229.65M | 190.46M | 215.69M | 233.43M | 269.50M | 268.33M |
| Prepaid Expenses | 19.17M | 9.67M | 9.37M | 10.91M | 8.14M | 6.79M |
| Total Current Assets | 249.07M | 202.27M | 225.41M | 244.46M | 277.76M | 372.11M |
| Property, Plant & Equipment | 17.27M | 21.43M | 21.49M | 23.79M | 25.75M | 21.36M |
| Long-Term Investments | 17.01M | |||||
| Goodwill | 25.04M | 25.04M | 25.04M | 25.04M | 25.04M | 25.04M |
| Other Intangible Assets | 69.03M | 52.42M | 29.09M | 16.43M | 16.15M | 14.67M |
| Long-Term Deferred Tax Assets | 5.01M | 3.04M | 5.01M | 3.14M | 4.79M | 7.66M |
| Long-Term Deferred Charges | 881.00K | 1.11M | ||||
| Other Long-Term Assets | 64.83M | 61.44M | 51.80M | 45.12M | 36.81M | 44.45M |
| Total Assets | 430.25M | 365.64M | 357.83M | 357.98M | 392.00M | 503.40M |
| Accounts Payable | 39.69M | 40.21M | 38.31M | 42.84M | 49.60M | 40.24M |
| Accrued Expenses | 70.88M | 59.71M | 53.66M | 49.99M | 67.44M | 112.59M |
| Current Portion of Leases | 3.33M | 3.34M | 3.04M | 3.59M | 4.58M | 6.34M |
| Current Income Taxes Payable | 4.98M | 451.00K | 8.84M | 623.00K | 5.70M | 1.26M |
| Other Current Liabilities | 8.61M | 10.01M | 8.60M | 5.93M | 4.12M | |
| Total Current Liabilities | 127.49M | 113.73M | 112.46M | 102.97M | 131.43M | 160.43M |
| Long-Term Debt | 107.90M | 66.40M | 32.70M | 41.60M | 25.60M | 100.00M |
| Long-Term Leases | 10.43M | 13.20M | 11.86M | 12.28M | 16.38M | 11.92M |
| Other Long-Term Liabilities | 48.33M | 47.70M | 46.20M | 42.05M | 36.39M | 42.65M |
| Total Liabilities | 294.15M | 241.03M | 203.22M | 198.90M | 209.81M | 315.00M |
| Common Stock | 743.00K | 742.00K | 738.00K | 734.00K | 732.00K | 730.00K |
| Additional Paid-In Capital | 570.79M | 558.30M | 543.11M | 527.29M | 507.73M | 488.04M |
| Retained Earnings | 566.26M | 552.18M | 546.20M | 525.22M | 492.76M | 442.60M |
| Treasury Stock | -1.00B | -986.62M | -935.43M | -894.16M | -819.04M | -743.58M |
| Comprehensive Income & Other | 6.00K | 621.00K | ||||
| Shareholders' Equity | 136.11M | 124.60M | 154.62M | 159.08M | 182.20M | 188.41M |
| Total Liabilities & Equity | 430.25M | 365.64M | 357.83M | 357.98M | 392.00M | 503.40M |
| Total Debt | 121.66M | 82.95M | 47.60M | 57.46M | 46.56M | 118.26M |
| Net Cash (Debt) | -121.41M | -80.80M | -47.25M | -57.34M | -46.44M | -21.27M |
| Net Cash Per Share | -7.06 | -4.55 | -2.51 | -2.94 | -2.26 | -1.00 |
| Filing Date Shares Outstanding | 16.76M | 17.18M | 18.20M | 18.72M | 19.41M | 20.29M |
| Total Common Shares Outstanding | 16.77M | 17.25M | 18.31M | 18.72M | 19.59M | 20.42M |
| Working Capital | 121.58M | 88.54M | 112.95M | 141.48M | 146.33M | 211.68M |
| Book Value Per Share | 8.12 | 7.22 | 8.45 | 8.50 | 9.30 | 9.23 |
| Tangible Book Value | 42.03M | 47.14M | 100.49M | 117.61M | 141.01M | 148.70M |
| Tangible Book Value Per Share | 2.51 | 2.73 | 5.49 | 6.28 | 7.20 | 7.28 |
| Machinery | 10.84M | 11.25M | 11.19M | 10.72M | 10.99M | |
| Leasehold Improvements | 6.91M | 7.39M | 7.67M | 9.62M | 6.99M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 40.86M | 34.83M | 50.41M | 61.08M | 75.43M | 75.18M |
| Depreciation & Amortization | 2.49M | 2.65M | 3.18M | 3.14M | 2.65M | 2.82M |
| Other Amortization | 2.59M | 2.90M | 2.74M | 1.87M | 1.77M | 1.68M |
| Loss (Gain) From Sale of Investments | 13.68M | |||||
| Loss (Gain) on Equity Investments | 750.00K | 3.82M | 2.48M | |||
| Stock-Based Compensation | 14.55M | 13.74M | 14.04M | 17.75M | 17.66M | 14.00M |
| Provision & Write-off of Bad Debts | 437.00K | 5.00K | 100.00K | 768.00K | -126.00K | 11.00K |
| Other Operating Activities | 3.75M | 6.86M | 1.42M | 6.44M | 10.83M | 9.20M |
| Change in Accounts Receivable | -25.62M | 25.22M | 17.64M | 35.30M | -4.05M | -36.96M |
| Change in Other Net Operating Assets | -16.54M | -24.55M | -2.66M | -35.62M | -30.87M | 4.49M |
| Operating Cash Flow | 22.51M | 61.65M | 86.87M | 91.47M | 90.81M | 72.90M |
| Capital Expenditures | -13.87M | -14.84M | -7.57M | -7.76M | -8.11M | -6.44M |
| Sale of Property, Plant & Equipment | 23.74M | |||||
| Investment in Securities | 5.06M | -500.00K | -9.00M | |||
| Other Investing Activities | 697.00K | 9.00K | -2.16M | -5.67M | ||
| Investing Cash Flow | -13.87M | -14.14M | -7.56M | -4.86M | -14.28M | 8.30M |
| Long-Term Debt Issued | 440.50M | 301.00M | 594.40M | 38.20M | ||
| Long-Term Debt Repaid | -406.80M | -309.90M | -578.40M | -112.60M | ||
| Net Debt Issued (Repaid) | 42.90M | 33.70M | -8.90M | 16.00M | -74.40M | |
| Repurchase of Common Stock | -24.57M | -50.89M | -41.94M | -75.02M | -74.91M | -66.21M |
| Common Dividends Paid | -26.94M | -27.49M | -28.24M | -27.56M | -24.03M | -20.12M |
| Other Financing Activities | -1.02M | -1.03M | -6.00K | -19.00K | -51.00K | -1.37M |
| Financing Cash Flow | -9.64M | -45.71M | -79.08M | -86.61M | -173.39M | -87.70M |
| Net Cash Flow | -1.00M | 1.79M | 230.00K | -2.00K | -96.87M | -6.50M |
| Free Cash Flow | 8.64M | 46.80M | 79.30M | 83.70M | 82.70M | 66.46M |
| Free Cash Flow Margin | 0.63% | 3.52% | 5.64% | 5.46% | 4.83% | 4.21% |
| Free Cash Flow Per Share | 0.50 | 2.63 | 4.22 | 4.29 | 4.03 | 3.13 |
| Levered Free Cash Flow | 21.41M | 59.69M | 83.97M | 74.57M | 56.65M | 88.52M |
| Unlevered Free Cash Flow | 23.46M | 61.64M | 85.28M | 75.27M | 57.26M | 90.44M |
| Cash Income Tax Paid | 14.71M | 19.93M | 9.78M | 28.62M | 16.58M | 24.28M |
| Change in Working Capital | -42.16M | 669.00K | 14.98M | -323.00K | -34.92M | -32.47M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 962.19M | 533.18M | 1.04B | 1.28B | 1.08B | 1.53B |
| Enterprise Value | 1.08B | 613.01M | 1.08B | 1.32B | 1.09B | 1.53B |
| Last Close Price | 57.41 | 30.00 | 52.69 | 61.29 | 48.59 | 65.39 |
| PE Ratio | 24.23 | 15.31 | 20.58 | 20.93 | 14.32 | 20.31 |
| Forward PE | 19.06 | 14.50 | 21.25 | 21.39 | 13.85 | 19.71 |
| PS Ratio | 0.70 | 0.40 | 0.74 | 0.83 | 0.63 | 0.97 |
| PB Ratio | 7.07 | 4.28 | 6.71 | 8.03 | 5.93 | 8.10 |
| P/TBV Ratio | 22.89 | 11.31 | 10.33 | 10.87 | 7.66 | 10.27 |
| P/FCF Ratio | 111.40 | 11.39 | 13.09 | 15.27 | 13.06 | 22.97 |
| P/OCF Ratio | 42.75 | 8.65 | 11.95 | 13.97 | 11.90 | 20.94 |
| PEG Ratio | 0.97 | 1.42 | 1.43 | 0.92 | 1.31 | |
| EV/Sales Ratio | 0.79 | 0.46 | 0.77 | 0.86 | 0.64 | 0.97 |
| EV/EBITDA Ratio | 16.85 | 11.63 | 14.81 | 14.58 | 9.10 | 13.98 |
| EV/EBIT Ratio | 17.53 | 12.24 | 15.49 | 15.10 | 9.30 | 14.35 |
| EV/FCF Ratio | 125.46 | 13.10 | 13.62 | 15.72 | 13.14 | 23.03 |
| Debt / Equity Ratio | 0.89 | 0.67 | 0.31 | 0.36 | 0.26 | 0.63 |
| Debt / EBITDA Ratio | 1.71 | 1.40 | 0.60 | 0.59 | 0.36 | 1.00 |
| Debt / FCF Ratio | 14.09 | 1.77 | 0.60 | 0.69 | 0.56 | 1.78 |
| Net Debt / Equity Ratio | 0.89 | 0.65 | 0.31 | 0.36 | 0.26 | 0.11 |
| Net Debt / EBITDA Ratio | 1.89 | 1.53 | 0.65 | 0.64 | 0.39 | 0.19 |
| Net Debt / FCF Ratio | 14.06 | 1.73 | 0.60 | 0.69 | 0.56 | 0.32 |
| Asset Turnover | 3.40 | 3.67 | 3.93 | 4.08 | 3.82 | 3.22 |
| Quick Ratio | 1.80 | 1.69 | 1.92 | 2.27 | 2.05 | 2.28 |
| Current Ratio | 1.95 | 1.78 | 2.00 | 2.37 | 2.11 | 2.32 |
| Return on Equity (ROE) | 30.46% | 24.94% | 32.14% | 35.79% | 40.71% | 40.82% |
| Return on Assets (ROA) | 9.61% | 8.65% | 12.17% | 14.52% | 16.31% | 13.57% |
| Return on Invested Capital (ROIC) | 17.16% | 18.24% | 24.85% | 28.05% | 39.27% | 39.58% |
| Return on Capital Employed (ROCE) | 20.40% | 19.90% | 28.40% | 34.20% | 44.80% | 31.10% |
| Earnings Yield | 4.13% | 6.53% | 4.86% | 4.78% | 6.98% | 4.92% |
| FCF Yield | 0.90% | 8.78% | 7.64% | 6.55% | 7.66% | 4.35% |
| Dividend Yield | 2.79% | 5.05% | 2.68% | 2.11% | 2.18% | 1.31% |
| Payout Ratio | 67.52% | 78.95% | 56.01% | 45.13% | 31.85% | 26.76% |
| Buyback Yield / Dilution | 4.76% | 5.50% | 3.57% | 4.86% | 3.34% | 0.85% |
| Total Shareholder Return | 7.55% | 10.55% | 6.25% | 6.97% | 5.52% | 2.17% |