OverviewSuggest Edit

Kelly Services is a global provider of workforce solutions. It delivers staffing, outcome-based, direct-hire, and executive search services to the office, professional, light industrial, contact center, science and clinical research, engineering, information technology and telecommunications, as well as K-12, early childhood, and higher education markets. The company also offers managed service provider (MSP), recruitment process outsourcing (RPO), payroll process outsourcing (PPO), and talent advisory services.
TypePublic
Founded1946
HQTroy, MI, US
Websitekellyservices.com
Employee Ratings3.5
Overall CultureB

Latest Updates

Employees (est.) (Jan 2020)7,100(-7%)
Job Openings185
Revenue (FY, 2019)$5.4 B(-2%)
Share Price (Jul 2021)$21.8(+3%)
Cybersecurity ratingCMore

Key People/Management at Kelly Services

Peter Quigley

Peter Quigley

President and Chief Executive Officer
Olivier Thirot

Olivier Thirot

Executive Vice President and Chief Financial Officer
Pete Boland

Pete Boland

Chief Marketing Officer
James H. Bradley

James H. Bradley

Chief Administrative Officer
Amy Bouque

Amy Bouque

Chief Human Resources Officer
Tammy Browning

Tammy Browning

President, KellyOCG
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Kelly Services Office Locations

Kelly Services has offices in Troy, Mississauga, København, Puteaux and in 15 other locations
Troy, MI, US (HQ)
999 W Big Beaver Rd
Mississauga, CA
77 City Centre Dr Suite 401
København, DK
Kultorvet 11, 1. sal
Puteaux, FR
9 Cours du Triangle bat d
Hamburg, DE
Lübecker Str. 128
Budapest, HU
Váci út 35
Show all (19)

Kelly Services Financials and Metrics

Kelly Services Revenue

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Kelly Services's revenue was reported to be $5.36 b in FY, 2019 which is a 2.9% decrease from the previous period.
USD

Revenue (FY, 2019)

5.4b

Revenue growth (FY, 2018 - FY, 2019), %

(2.9%)

Gross profit (FY, 2019)

968.4m

Gross profit margin (FY, 2019), %

18.1%

Net income (FY, 2019)

112.4m

EBIT (FY, 2019)

81.8m

Market capitalization (21-Jul-2021)

854.7m

Closing stock price (21-Jul-2021)

21.8

Cash (29-Dec-2019)

25.8m

EV

894.2m
Kelly Services's current market capitalization is $854.7 m.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

5.5b5.3b5.4b5.5b5.4b

Revenue growth, %

(1%)(4%)2%3%(3%)

Cost of goods sold

4.6b4.4b4.4b4.5b4.4b

Gross profit

920.3m906.3m954.1m972.2m968.4m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.3b1.4b1.2b1.3b1.3b1.3b1.4b1.4b1.3b1.4b1.4b1.3b

Cost of goods sold

1.1b1.1b1.0b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.0b

Gross profit

232.7m230.5m215.1m231.6m228.8m230.7m238.2m243.5m239.1m251.6m244.0m227.7m

Gross profit Margin, %

17%17%17%18%17%17%17%18%18%18%18%18%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

42.2m29.6m32.5m35.3m25.8m

Accounts Receivable

1.1b1.1b1.3b1.3b1.3b

Prepaid Expenses

45.8m46.7m65.1m71.9m76.5m

Current Assets

1.2b1.2b1.4b1.4b1.4b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

46.4m33.3m27.6m46.0m60.8m22.2m36.6m33.9m20.8m30.9m37.2m22.8m

Accounts Receivable

1.2b1.1b1.1b1.2b1.2b1.3b1.3b1.2b1.3b1.3b1.3b1.3b

Prepaid Expenses

53.0m47.8m53.0m59.0m61.8m70.0m70.4m64.5m68.0m86.2m82.1m80.7m

Current Assets

1.3b1.3b1.2b1.3b1.3b1.4b1.4b1.3b1.4b1.4b1.4b1.4b
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

53.8m120.8m71.6m22.9m112.4m

Depreciation and Amortization

22.3m21.3m22.7m26.2m31.6m

Cash From Operating Activities

25.3m39.6m71.2m61.4m102.2m

Capital Expenditures

(16.9m)(12.7m)(24.6m)(25.6m)(20.0m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

11.2m20.1m101.0m12.2m30.9m53.9m29.1m13.7m46.8m22.1m105.9m95.4m

Depreciation and Amortization

5.6m10.9m16.0m5.3m10.6m16.5m6.3m12.9m19.5m7.6m15.6m23.8m

Cash From Operating Activities

20.2m41.2m28.2m24.6m44.4m33.0m(4.1m)33.2m33.3m21.2m73.5m74.2m

Capital Expenditures

(1.5m)(4.3m)(7.8m)(2.8m)(7.3m)(14.7m)(4.6m)(10.3m)(17.9m)(4.2m)(8.7m)(13.8m)
USDFY, 2015

Debt/Equity

0.1 x

Financial Leverage

2.2 x
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Kelly Services Operating Metrics

FY, 2016FY, 2017FY, 2018Q3, 2019FY, 2019

People Employed

500 k500 k500 k440 k

Suppliers

4.6 k
Show all operating metrics

Kelly Services Acquisitions / Subsidiaries

Company NameDateDeal Size
Insight Workforce SolutionsJanuary 14, 2020
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
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Kelly Services Revenue Breakdown

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Kelly Services revenue breakdown by business segment: 19.1% from International Staffing, 37.7% from Global Talent Solutions and 43.2% from Americas Staffing

Kelly Services revenue breakdown by geographic segment: 27.3% from International and 72.7% from United States

Kelly Services Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Kelly Services Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Kelly Services Online and Social Media Presence

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Kelly Services Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    B-

    69/100

  • Compensation

    C-

    58/100

  • Diversity

    B

    72/100

Learn more on Comparably

Kelly Services News and Updates

Sytel Enables Growth of Kelly Services, Russia, with Hosted Contact Center Solution

Kelly Services and Sytel have combined to provide a state of the art hosted solution to support Kelly's growth plans in Russia. read more

Kelly Services Blogs

Kelly Services® Reports Second Quarter Earnings

Financial Highlights Q2 revenue down 1.4%; down 0.2% in constant currency Q2 operating earnings up 71% from last year, up 10% excluding the gain on sale of assets Q2 earnings per share of $2.12 compared to a loss of $0.40 , or $0.72 compared to $0.54 last year on an adjusted basis TROY, Mich.

Kelly Education Practice® Announces Partnership with Vector Solutions

Kelly Education Practice® Announces Partnership with Vector Solutions jennifer.segal… Wed, 12/05/2018 - 11:02 Kelly Education Practice® Announces Partnership with Vector Solutions Dec 5, 2018 This release is a backfill from a News Wire Ge…

Kelly Services® and Kenzie Academy Transform the Future of Work with the Launch of “Earn and Learn” Model

Kelly Services® and Kenzie Academy Transform the Future of Work with the Launch of “Earn and Learn” Model jennifer.segal… Tue, 11/27/2018 - 06:31 Kelly Services® and Kenzie Academy Transform the Future of Work with the Launch of “Earn and Learn” Model Nov 27, 2018 …

Kelly Services® Invests in Business Talent Group®, Unlocking the Next-Gen Gig Economy and Underscoring Rising Demand for High-End On-Demand Talent

Kelly Services® Invests in Business Talent Group®, Unlocking the Next-Gen Gig Economy and Underscoring Rising Demand for High-End On-Demand Talent Content Import Wed, 09/26/2018 - 07:33 Kelly Services® Invests in Business Talent Group®, Unlocking the Next-Gen Gig Economy and Underscoring R…

Kelly Services® Makes Inaugural Investment Through Innovation Fund

Kelly Innovation Fund to accelerate company’s investments in talent and technology TROY, Mich. , July 23, 2018 (GLOBE NEWSWIRE) -- Kelly Services ® recently announced, through the Kelly Innovation Fund , its participation in the seed fundraising round for Kenzie Academy , a tech apprenticeship

Kelly Services Frequently Asked Questions

  • When was Kelly Services founded?

    Kelly Services was founded in 1946.

  • Who are Kelly Services key executives?

    Kelly Services's key executives are Peter Quigley, Olivier Thirot and Pete Boland.

  • How many employees does Kelly Services have?

    Kelly Services has 7,100 employees.

  • What is Kelly Services revenue?

    Latest Kelly Services annual revenue is $5.4 b.

  • What is Kelly Services revenue per employee?

    Latest Kelly Services revenue per employee is $754.3 k.

  • Who are Kelly Services competitors?

    Competitors of Kelly Services include Volt Information Sciences, Allegis Group and Adecco.

  • Where is Kelly Services headquarters?

    Kelly Services headquarters is located at 999 W Big Beaver Rd, Troy.

  • Where are Kelly Services offices?

    Kelly Services has offices in Troy, Mississauga, København, Puteaux and in 15 other locations.

  • How many offices does Kelly Services have?

    Kelly Services has 19 offices.