KELLY SERVICES INC -CL B (KELYB) Stock Fundamental Analysis

USA Nasdaq NASDAQ:KELYB • US4881523074

21.87 USD
-16.09 (-42.39%)
At close: Feb 6, 2026
20.23 USD
-1.64 (-7.5%)
After Hours: 2/6/2026, 8:00:02 PM
Fundamental Rating

4

Taking everything into account, KELYB scores 4 out of 10 in our fundamental rating. KELYB was compared to 89 industry peers in the Professional Services industry. KELYB scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. KELYB has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year KELYB was profitable.
  • In the past year KELYB had a positive cash flow from operations.
  • In multiple years KELYB reported negative net income over the last 5 years.
  • KELYB had a positive operating cash flow in 4 of the past 5 years.
KELYB Yearly Net Income VS EBIT VS OCF VS FCFKELYB Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M

1.2 Ratios

  • KELYB has a worse Return On Assets (-6.56%) than 70.79% of its industry peers.
  • The Return On Equity of KELYB (-14.09%) is worse than 68.54% of its industry peers.
  • KELYB has a Return On Invested Capital of 3.62%. This is comparable to the rest of the industry: KELYB outperforms 43.82% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for KELYB is significantly below the industry average of 12.01%.
  • The 3 year average ROIC (3.33%) for KELYB is below the current ROIC(3.62%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -6.56%
ROE -14.09%
ROIC 3.62%
ROA(3y)-0.33%
ROA(5y)0.31%
ROE(3y)-0.73%
ROE(5y)0.68%
ROIC(3y)3.33%
ROIC(5y)2.79%
KELYB Yearly ROA, ROE, ROICKELYB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

  • With a Operating Margin value of 1.65%, KELYB perfoms like the industry average, outperforming 43.82% of the companies in the same industry.
  • KELYB's Operating Margin has been stable in the last couple of years.
  • KELYB has a Gross Margin of 20.43%. This is in the lower half of the industry: KELYB underperforms 71.91% of its industry peers.
  • KELYB's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 1.65%
PM (TTM) N/A
GM 20.43%
OM growth 3Y14.85%
OM growth 5Y-0.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.86%
GM growth 5Y2.42%
KELYB Yearly Profit, Operating, Gross MarginsKELYB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

6

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KELYB is destroying value.
  • Compared to 1 year ago, KELYB has less shares outstanding
  • Compared to 5 years ago, KELYB has less shares outstanding
  • Compared to 1 year ago, KELYB has a worse debt to assets ratio.
KELYB Yearly Shares OutstandingKELYB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
KELYB Yearly Total Debt VS Total AssetsKELYB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • KELYB has an Altman-Z score of 3.44. This indicates that KELYB is financially healthy and has little risk of bankruptcy at the moment.
  • KELYB has a Altman-Z score of 3.44. This is in the better half of the industry: KELYB outperforms 67.42% of its industry peers.
  • The Debt to FCF ratio of KELYB is 1.18, which is an excellent value as it means it would take KELYB, only 1.18 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 1.18, KELYB is doing good in the industry, outperforming 79.78% of the companies in the same industry.
  • A Debt/Equity ratio of 0.11 indicates that KELYB is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.11, KELYB is in the better half of the industry, outperforming 67.42% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1.18
Altman-Z 3.44
ROIC/WACC0.42
WACC8.55%
KELYB Yearly LT Debt VS Equity VS FCFKELYB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B

2.3 Liquidity

  • A Current Ratio of 1.59 indicates that KELYB should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.59, KELYB perfoms like the industry average, outperforming 56.18% of the companies in the same industry.
  • KELYB has a Quick Ratio of 1.59. This is a normal value and indicates that KELYB is financially healthy and should not expect problems in meeting its short term obligations.
  • KELYB's Quick ratio of 1.59 is in line compared to the rest of the industry. KELYB outperforms 57.30% of its industry peers.
Industry RankSector Rank
Current Ratio 1.59
Quick Ratio 1.59
KELYB Yearly Current Assets VS Current LiabilitesKELYB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2

3. Growth

3.1 Past

  • The earnings per share for KELYB have decreased strongly by -19.92% in the last year.
  • KELYB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.26% yearly.
  • The Revenue has been growing slightly by 0.46% in the past year.
  • KELYB shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.15% yearly.
EPS 1Y (TTM)-19.92%
EPS 3Y15.06%
EPS 5Y1.26%
EPS Q2Q%-14.29%
Revenue 1Y (TTM)0.46%
Revenue growth 3Y-4.09%
Revenue growth 5Y-4.15%
Sales Q2Q%-9.93%

3.2 Future

  • Based on estimates for the next years, KELYB will show a decrease in Earnings Per Share. The EPS will decrease by -0.50% on average per year.
  • KELYB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.04% yearly.
EPS Next Y-29.8%
EPS Next 2Y-11.66%
EPS Next 3Y-0.5%
EPS Next 5YN/A
Revenue Next Year-1.27%
Revenue Next 2Y-1.23%
Revenue Next 3Y1.04%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
KELYB Yearly Revenue VS EstimatesKELYB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B 4B 5B
KELYB Yearly EPS VS EstimatesKELYB Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 11.33, which indicates a very decent valuation of KELYB.
  • 62.92% of the companies in the same industry are more expensive than KELYB, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 27.92, KELYB is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 12.19, the valuation of KELYB can be described as correct.
  • The rest of the industry has a similar Price/Forward Earnings ratio as KELYB.
  • When comparing the Price/Forward Earnings ratio of KELYB to the average of the S&P500 Index (27.78), we can say KELYB is valued rather cheaply.
Industry RankSector Rank
PE 11.33
Fwd PE 12.19
KELYB Price Earnings VS Forward Price EarningsKELYB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • KELYB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. KELYB is cheaper than 68.54% of the companies in the same industry.
  • 80.90% of the companies in the same industry are more expensive than KELYB, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 7.71
EV/EBITDA 12.3
KELYB Per share dataKELYB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)8.97
EPS Next 2Y-11.66%
EPS Next 3Y-0.5%

5

5. Dividend

5.1 Amount

  • KELYB has a Yearly Dividend Yield of 2.91%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.41, KELYB pays a better dividend. On top of this KELYB pays more dividend than 89.89% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.83, KELYB pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.91%

5.2 History

  • The dividend of KELYB has a limited annual growth rate of 2.03%.
  • KELYB has paid a dividend for at least 10 years, which is a reliable track record.
  • KELYB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.03%
Div Incr Years0
Div Non Decr Years4
KELYB Yearly Dividends per shareKELYB Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3

5.3 Sustainability

  • KELYB has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-7%
EPS Next 2Y-11.66%
EPS Next 3Y-0.5%
KELYB Yearly Income VS Free CF VS DividendKELYB Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M

KELLY SERVICES INC -CL B

NASDAQ:KELYB (2/6/2026, 8:00:02 PM)

After market: 20.23 -1.64 (-7.5%)

21.87

-16.09 (-42.39%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)11-06
Earnings (Next)02-12
Inst Owners92.1%
Inst Owner Change-0.01%
Ins Owners3.15%
Ins Owner ChangeN/A
Market Cap772.89M
Revenue(TTM)4.39B
Net Income(TTM)-157.10M
Analysts83.64
Price Target18.38 (-15.96%)
Short Float %0%
Short Ratio0.3
Dividend
Industry RankSector Rank
Dividend Yield 2.91%
Yearly Dividend0.31
Dividend Growth(5Y)2.03%
DP-7%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.85%
Min EPS beat(2)-57.89%
Max EPS beat(2)-3.8%
EPS beat(4)1
Avg EPS beat(4)-4.13%
Min EPS beat(4)-57.89%
Max EPS beat(4)73.07%
EPS beat(8)4
Avg EPS beat(8)4.95%
EPS beat(12)6
Avg EPS beat(12)8.75%
EPS beat(16)8
Avg EPS beat(16)17.61%
Revenue beat(2)0
Avg Revenue beat(2)-5.69%
Min Revenue beat(2)-6.69%
Max Revenue beat(2)-4.69%
Revenue beat(4)1
Avg Revenue beat(4)-3.26%
Min Revenue beat(4)-6.69%
Max Revenue beat(4)0.6%
Revenue beat(8)1
Avg Revenue beat(8)-3.28%
Revenue beat(12)1
Avg Revenue beat(12)-3.61%
Revenue beat(16)1
Avg Revenue beat(16)-3.76%
PT rev (1m)0.5%
PT rev (3m)-33.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-45.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-27.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.67%
Valuation
Industry RankSector Rank
PE 11.33
Fwd PE 12.19
P/S 0.18
P/FCF 7.71
P/OCF 7.09
P/B 0.69
P/tB 1.14
EV/EBITDA 12.3
EPS(TTM)1.93
EY8.82%
EPS(NY)1.79
Fwd EY8.21%
FCF(TTM)2.84
FCFY12.96%
OCF(TTM)3.08
OCFY14.1%
SpS124.3
BVpS31.55
TBVpS19.22
PEG (NY)N/A
PEG (5Y)8.97
Graham Number37.02
Profitability
Industry RankSector Rank
ROA -6.56%
ROE -14.09%
ROCE 4.58%
ROIC 3.62%
ROICexc 3.69%
ROICexgc 5.12%
OM 1.65%
PM (TTM) N/A
GM 20.43%
FCFM 2.28%
ROA(3y)-0.33%
ROA(5y)0.31%
ROE(3y)-0.73%
ROE(5y)0.68%
ROIC(3y)3.33%
ROIC(5y)2.79%
ROICexc(3y)3.58%
ROICexc(5y)3.03%
ROICexgc(3y)4.82%
ROICexgc(5y)3.87%
ROCE(3y)4.21%
ROCE(5y)3.54%
ROICexgc growth 3Y17.31%
ROICexgc growth 5Y-1.9%
ROICexc growth 3Y8.45%
ROICexc growth 5Y-7.18%
OM growth 3Y14.85%
OM growth 5Y-0.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.86%
GM growth 5Y2.42%
F-Score5
Asset Turnover1.84
Health
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1.18
Debt/EBITDA 1.02
Cap/Depr 20.23%
Cap/Sales 0.2%
Interest Coverage 250
Cash Conversion 93.8%
Profit Quality N/A
Current Ratio 1.59
Quick Ratio 1.59
Altman-Z 3.44
F-Score5
WACC8.55%
ROIC/WACC0.42
Cap/Depr(3y)36.22%
Cap/Depr(5y)42.06%
Cap/Sales(3y)0.27%
Cap/Sales(5y)0.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.92%
EPS 3Y15.06%
EPS 5Y1.26%
EPS Q2Q%-14.29%
EPS Next Y-29.8%
EPS Next 2Y-11.66%
EPS Next 3Y-0.5%
EPS Next 5YN/A
Revenue 1Y (TTM)0.46%
Revenue growth 3Y-4.09%
Revenue growth 5Y-4.15%
Sales Q2Q%-9.93%
Revenue Next Year-1.27%
Revenue Next 2Y-1.23%
Revenue Next 3Y1.04%
Revenue Next 5YN/A
EBIT growth 1Y12.19%
EBIT growth 3Y10.15%
EBIT growth 5Y-4.99%
EBIT Next Year97.28%
EBIT Next 3Y35.37%
EBIT Next 5YN/A
FCF growth 1Y100.4%
FCF growth 3Y-40.18%
FCF growth 5Y-28.1%
OCF growth 1Y58.43%
OCF growth 3Y-31.85%
OCF growth 5Y-23.43%

KELLY SERVICES INC -CL B / KELYB FAQ

Can you provide the ChartMill fundamental rating for KELLY SERVICES INC -CL B?

ChartMill assigns a fundamental rating of 4 / 10 to KELYB.


Can you provide the valuation status for KELLY SERVICES INC -CL B?

ChartMill assigns a valuation rating of 5 / 10 to KELLY SERVICES INC -CL B (KELYB). This can be considered as Fairly Valued.


What is the profitability of KELYB stock?

KELLY SERVICES INC -CL B (KELYB) has a profitability rating of 3 / 10.


What are the PE and PB ratios of KELLY SERVICES INC -CL B (KELYB) stock?

The Price/Earnings (PE) ratio for KELLY SERVICES INC -CL B (KELYB) is 11.33 and the Price/Book (PB) ratio is 0.69.


What is the financial health of KELLY SERVICES INC -CL B (KELYB) stock?

The financial health rating of KELLY SERVICES INC -CL B (KELYB) is 6 / 10.