Kelly Services

Kelly Services, Inc. provides workforce solutions to various industries worldwide. It offers trained employees for data entry, clerical, and administrative support roles; staff for contact centers, technical support hotlines, and telemarketing units; instructional and non-instructional employees for schools; support staff for seminars, sales, and trade shows; assemblers, quality control inspectors, and technicians for electronic assembly; maintenance workers, material handlers, and assemblers for light industrial maintenance; and temporary-to-hire services, as well as direct-hire placement and vendor on-site management services.

The company also provides scientists, and scientific and clinical research workforce solutions; engineering professionals and information technology specialists across various disciplines; creative services, including placing creative talent in the spectrum of creative services positions; financial professionals; healthcare specialists and professionals; and legal professionals. In addition, it offers staffing services for catering and hospitality; and manual workers and semi-skilled professionals for trade, non-trade, and operational positions.

Company Growth (employees)
Type
Public
HQ
Troy, US
Founded
1946
Size (employees)
7,000 (est)-13%
Kelly Services was founded in 1946 and is headquartered in Troy, US

Key People at Kelly Services

Carl Camden

Carl Camden

CEO
George Corona

George Corona

President and Chief Executive Officer
Natalia Shuman

Natalia Shuman

Senior Vice President and General Manager
Steve Armstrong

Steve Armstrong

SVP of Operations

Kelly Services Office Locations

Kelly Services has offices in Troy, Singapore and Neuchatel
Troy, US (HQ)
999 W Big Beaver Rd
Neuchatel, CH
20, Avenue Edouard-Dubois - CP 48
Singapore, SG
20 Anson Road, #05-01 Twenty Anson

Kelly Services Data and Metrics

Kelly Services Financial Metrics

Kelly Services's revenue was reported to be $5.3 b in FY, 2016
USD

Net income (Q1, 2017)

12.2 m

Market capitalization (18-Aug-2017)

829.2 m

Cash (02-Apr-2017)

46 m
Kelly Services's current market capitalization is $829.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

5.4 b5.6 b5.5 b5.3 b

Revenue growth, %

3%(1%)(4%)

Cost of goods sold

4.5 b4.7 b4.6 b4.4 b4.4 b

Gross profit

889.5 m908.4 m920.3 m906.3 m

Gross profit Margin, %

16%16%17%17%

General and administrative expense

843.1 m

Operating expense total

843.1 m

EBIT

67.4 m

EBIT margin, %

1%

Income tax expense

(10.1 m)(7.1 m)8.7 m30 m30 m

Net Income

58.9 m23.7 m53.8 m120.8 m120.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cost of goods sold

1.2 b1.2 b1.1 b1.2 b1.1 b1.1 b1.1 b1 b1.1 b

General and administrative expense

222.2 m218.3 m208.2 m210.8 m211.6 m218 m220.6 m196.3 m215.2 m

Operating expense total

222.2 m218.3 m208.2 m210.8 m211.6 m218 m220.6 m196.3 m215.2 m

Pre tax profit

5.6 m4.9 m9.6 m10.5 m16.6 m13.9 m9.7 m105.6 m

Income tax expense

2.8 m3.5 m5.9 m3.7 m7.5 m2.7 m800 k24.7 m2.7 m

Net Income

5.3 m6.7 m3.7 m10.5 m19.6 m11.2 m20.1 m101 m12.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

125.7 m83.1 m42.2 m29.6 m29.6 m

Inventories

52.2 m47.9 m45.8 m46.7 m

Current Assets

1.2 b1.3 b1.2 b1.2 b1.2 b

Total Assets

1.8 b1.9 b1.9 b

Accounts Payable

455.1 m

Total Debt

28.3 m91.9 m55.5 m

Current Liabilities

762 m860.1 m815.8 m771.1 m771.1 m

Non-Current Liabilities

214 m224.1 m228.4 m245 m245 m

Total Liabilities

976 m1.1 b1 b1 b

Additional Paid-in Capital

26 m24.9 m25.4 m28.6 m28.6 m

Total Equity

822.6 m833.7 m895.4 m1 b1 b

Debt to Equity Ratio

0 x0.1 x0.1 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

2.2 x2.3 x2.2 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

48.7 m44.9 m46.4 m33.3 m27.6 m46 m

Current Assets

1.3 b1.3 b1.3 b1.3 b1.2 b1.3 b

Goodwill

88.4 m

Total Assets

1.9 b1.9 b2 b2 b2 b2.1 b

Accounts Payable

380.4 m385.2 m437.4 m403.7 m408.7 m471.9 m

Current Liabilities

856.7 m860.2 m839.1 m815.8 m778 m825.4 m

Non-Current Liabilities

231.4 m230.1 m228.5 m240.2 m244.8 m260 m

Additional Paid-in Capital

27.5 m26.7 m27.4 m28.1 m26.2 m31.5 m

Total Equity

844.5 m859.6 m910.8 m934.1 m1 b1 b

Financial Leverage

2.3 x2.3 x2.2 x2.1 x2 x2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

58.9 m23.7 m53.8 m120.8 m120.8 m

Depreciation and Amortization

21.3 m

Cash From Operating Activities

115.3 m(40.9 m)

Capital Expenditures

(20 m)(21.7 m)(16.9 m)(12.7 m)(12.7 m)

Cash From Investing Activities

(20.8 m)(27.2 m)(17.6 m)

Short-term Borrowings

(35.8 m)63.9 m(34.7 m)(55.9 m)(55.9 m)

Dividends Paid

(7.6 m)(7.6 m)(7.7 m)(10.7 m)(10.7 m)

Cash From Financing Activities

(43.7 m)

Free Cash Flow

135.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

5.3 m6.7 m3.7 m10.5 m19.6 m11.2 m20.1 m101 m12.2 m

Depreciation and Amortization

10.8 m16.2 m5.5 m11 m16.6 m5.6 m10.9 m16 m5.3 m

Cash From Operating Activities

(107.5 m)(16.4 m)(26.5 m)(1.5 m)24.3 m

Capital Expenditures

(8.9 m)(15 m)(2.6 m)(6.7 m)(12.3 m)(1.5 m)(4.3 m)(7.8 m)(2.8 m)

Cash From Investing Activities

(13.9 m)(20.2 m)(2.8 m)(7.3 m)(13.2 m)(1.8 m)(4.7 m)(2.9 m)

Short-term Borrowings

61.2 m60.4 m(11 m)(1.4 m)(13.8 m)(16.4 m)(29.1 m)(47.8 m)

Dividends Paid

(3.8 m)(5.7 m)(1.9 m)(3.8 m)(5.7 m)(1.9 m)(4.8 m)(7.7 m)(2.9 m)

Cash From Financing Activities

57.4 m(18.3 m)(33.7 m)(55.1 m)(3 m)

Free Cash Flow

(116.4 m)(19 m)(33.2 m)(13.8 m)21.5 m
Y, 2017

Financial Leverage

2 x

Kelly Services Market Value History

Kelly Services Median Salaries

Source: 220 public H-1B filings from Kelly Services

Traffic Overview of Kelly Services

Kelly Services Online and Social Media Presence

Kelly Services News and Updates

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Retiring: Boomerang Boom: More Firms Tapping the Skills of the Recently Retired

Businesses find it useful to have experienced hands who can train younger staff. And those workers get to stay active as they ease into retirement.

Tact grabs $15 million Series B to make CRM easier to use

 Customer Relationship Management (CRM) software was born with the best of intentions — to create a record of customer interactions. The problem, salespeople will tell you, is that it becomes a chore. Tact has been designed to add an intelligent layer to CRM — and today it got $15 million to make CR…

BRIEF-Kelly Services reports Q2 earnings per share $0.23

* Reports second quarter 2016 earnings and announces quarterly dividend

We Need A New Social Contract Between Workers, Companies, And Society: Here Are Some Ideas

Having a job used to provide helpful benefits and a path to a stable life. Increasingly, it no longer does. So it's time to rethink how we support and reward our workforce.The way we work today would be unrecognizable to the union bosses and corporate leaders of the past. When the United Auto Worker…

Kelly Services Company Life and Culture

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