Kelly Services

Kelly Services 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)
7,500 (est)+8%
Kelly Services was founded in 1946 and is headquartered in Troy, US

Key People/Management at Kelly Services

Carl Camden

Carl Camden

CEO
George Corona

George Corona

President and Chief Executive Officer
Olivier Thirot

Olivier Thirot

Chief Financial Officer
Teresa Carroll

Teresa Carroll

Executive Vice President
Peter Quigley

Peter Quigley

Executive Vice President

Kelly Services Office Locations

Kelly Services has offices in Troy, Singapore, Neuchatel, Tallahassee and in 877 other locations
Troy, US (HQ)
999 W Big Beaver Rd
Singapore, SG
6 Battery Road #38-01
Neuchatel, CH
20, Avenue Edouard-Dubois - CP 48
Show all (881)

Kelly Services Financials and Metrics

Kelly Services Financials

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

Net income (Q2, 2017)

18.7 m

Market capitalization (13-Dec-2017)

1.1 b

Cash (07-Feb-2017)

60.8 m

EV

1 b
Kelly Services's current market capitalization is $1.1 b.
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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017

Cost of goods sold

1.1 b1.1 b1.2 b1.2 b1.1 b1.2 b1.1 b1 b1.1 b1.1 b1.1 b1.1 b

General and administrative expense

200.2 m216 m222.2 m218.3 m208.2 m210.8 m211.6 m196.3 m218 m220.6 m215.2 m208.5 m

Operating expense total

200.2 m216 m222.2 m218.3 m208.2 m210.8 m211.6 m196.3 m218 m220.6 m215.2 m208.5 m

Pre tax profit

18.9 m4.6 m5.6 m4.9 m9.6 m10.5 m16.6 m105.6 m13.9 m9.7 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
USDQ2, 2015Q3, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017

Cash

48.7 m44.9 m27.6 m46.4 m33.3 m46 m60.8 m

Current Assets

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

Goodwill

88.4 m88.4 m

Total Assets

1.9 b1.9 b2 b2 b2 b2.1 b2.2 b
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)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017

Net Income

41.7 m2.5 m5.3 m6.7 m3.7 m10.5 m19.6 m101 m11.2 m20.1 m12.2 m30.9 m

Depreciation and Amortization

15.4 m5.3 m10.8 m16.2 m5.5 m11 m16.6 m16 m5.6 m10.9 m5.3 m10.6 m

Cash From Operating Activities

21.9 m(107.5 m)(16.4 m)(26.5 m)(1.5 m)24.3 m44 m

Capital Expenditures

(11.7 m)(3.3 m)(8.9 m)(15 m)(2.6 m)(6.7 m)(12.3 m)(7.8 m)(1.5 m)(4.3 m)(2.8 m)(7.3 m)
Y, 2017

EV/CFO

23 x

EV/FCF

27.6 x

Financial Leverage

2 x
Show all financial metrics

Kelly Services Operating Metrics

Jun, 2017

Suppliers

4.6 k
Show all operating metrics

Kelly Services Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Kelly Services Do Brasil Recursos Humanos Ltda
Kelly Receivables Funding, LLC
Kelly Payroll Services Limited
Toner Graham Limited
Kelly Services Outsourcing and Consulting Group New Zealand, Ltd.
Kelly Services Management AS
Kelly Services (Suisse), SA
Kelly Services Management SCS
Kelly Services Luxembourg, S.a.r.l.
Kelly Services CIS, Inc.
Kelly Services Deutschland GmbH
Kelly Services Interim (Belgium) SPRL
Kelly Services Hungary Staffing, LLC
Kelly Outsourcing and Consulting Group India Pte. Ltd.
Kelly Services (Canada), Ltd.
Kelly Global Business Services, LLC
Kelly Services, USA, LLC
Kelly Properties, LLC
Kelly Receivables Services, LLC
Kelly Services (UK) Ltd.
Kelly Services Outsourcing and Consulting Group Australia, Ltd.
Kelly Services (Nederland), B.V.
Kelly Services Norge AS
Kelly Services Mexico, S.A. de C. V.
QSM, S.A. de C.V.
Kelly Services France, S.A.S.
Kelly Services, S.A.S.
Kelly Outsourcing & Consulting Group, S.a.r.l.
Kelly Services S.p.A.
LLC Kelly Services CIS
LLC Kelly Services IT solutions
access KellyOCG GmbH
Kelly Services GmbH
Kelly Services Outsourcing and Consulting Group SA/NV
Kelly Services – Empresa De Trabalho Temporario, Unipessoal, Lda.
Kelly Services Poland Sp.zo.o.
Kelly OCG Singapore PTE. LTD
Kelly Services Japan, Inc.
Kelly Investment and Consulting (Shanghai) Co., Ltd.
Kelly Services Brasil Investimentos E Participacoes Ltda.
Kelly Services Brasil Investimentos E Participacoes II Ltda.
Kelly Services Recursos Humanos Ltda.
Kelly Services, Global, LLC
Kelly Services (Ireland), Ltd.
Kelly Services of Denmark, Inc.
Kelly Administratiekantoor, B.V.
Kelly Managed Services (Nederland) B.V.
Opciones De Servicio En Mexico, S.A. de C.V.
Kelly Services Management S.a.r.l.
Kelly Services Outsourcing and Consulting Group Sarl
Competences RH, S.a.r.l.
Kelly Management Services, S.r.l.
access Recruiting Services GmbH
Kelly Services – Gestao De Processos, Lda.
Kelly Services Healthcare Unipessoal, Lda.
Kelly OCG Malaysia Sdn. Bhd.
Teachers On CallSeptember 06, 2017
TNC Business TechnologiesOctober 11, 2016
Tradição Tecnologia E ServiçosNovember 16, 2011$68.3 m
Toner GrahamSeptember 14, 2008
CGR/sevenMarch 29, 2007
Talents TechnologyMarch 22, 2007
Tempstaff KellyMarch 07, 2007
The Ayers GroupMay 18, 2006
BTI Consultants Pte LtdAugust 27, 2000
Business Trends Pte LtdAugust 27, 2000
Atterro, Inc.July 27, 2000
LabStaff Pty LtdMay 24, 1999
Wallace Law RegistryAugust 09, 1995

Kelly Services Market Value History

Kelly Services Revenue Breakdown

Kelly Services Median Salaries

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

Kelly Services's Web-traffic and Trends

Kelly Services Online and Social Media Presence

Kelly Services Company Life and Culture

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