OverviewSuggest Edit
Kforce is a company that provides professional and technical specialty staffing services and solutions. It offers temporary staffing and permanent placement services to its clients. The company focuses on information technology, healthcare informatics, data and knowledge management, research and development, audit readiness, financial management, accounting, and other areas.
| Type | Public | |
| Founded | 1962 | |
| HQ | Tampa, FL, US | Map |
| Website | kforce.com | |
| Employee Ratings | More | |
| Overall Culture | C | More |
Recent NewsAll News
- Kforce Inc. Announces Second Quarter 2020 Earnings Date
- Kforce to Participate in the SunTrust Technology, Internet & Services Conference and the Sidoti Spring 2020 Investor Conference
- Kforce Reports Fourth Quarter 2019 Revenue of $336.2 Million; EPS From Continuing Operations of $0.66 per Share, Up 22.2% Year Over Year; Full Year 2019 Tech Flex Growth of 6.8%; Board of Directors Approves 11% Increase in Quarterly Dividend
- Kforce Inc. Announces Fourth Quarter 2019 Earnings Date
Key People/Management at Kforce
David Dunkel
Chairman and Chief Executive Officer, Director
Joseph Liberatore
President
Tyler Greene
Region SVP
David Kelly
Executive Vice President, Chief Financial & Administrative Officer and Secretary
Kye Mitchell
EVP & Chief Operations Officer
Michael Blackman
Chief Corporate Development Officer
Kforce Office Locations
Kforce has offices in Tampa, Addison, Austin, Bloomington and in 48 other locations
Tampa, FL, US (HQ)
1001 E Palm Ave
Addison, TX, US
15301 Dallas Pkwy #800
Austin, TX, US
901 S MoPac Expy building 2, suite 250
Bloomington, MN, US
7760 France Ave S #660
Boston, MA, US
600 Atlantic Ave
Burlington, MA, US
200 Summit Dr #320
Kforce Financials and Metrics
Kforce Revenue
Kforce's revenue was reported to be $1.35 b in FY, 2019
| USD | |
|---|---|
Revenue (Q3, 2020) | 365.4m |
Gross profit (Q3, 2020) | 103.9m |
Gross profit margin (Q3, 2020), % | 28.4% |
Net income (Q3, 2020) | 18.8m |
EBIT (Q3, 2020) | 26.7m |
Market capitalization (15-Jan-2021) | 937.7m |
Closing stock price (15-Jan-2021) | 42.7 |
Cash (30-Sept-2020) | 101.3m |
EV | 941.7m |
Kforce's current market capitalization is $937.7 m.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 334.0m | 340.3m | 341.1m | 346.3m | 358.6m | 355.5m | 326.7m | 338.9m | 345.6m | 335.2m | 343.0m | 365.4m |
Cost of goods sold | 236.9m | 236.4m | 236.7m | 246.1m | 251.1m | 251.1m | 233.6m | 237.8m | 242.7m | 240.7m | 245.7m | 261.5m |
Gross profit | 97.1m | 103.9m | 104.4m | 100.2m | 107.5m | 104.4m | 93.2m | 101.0m | 102.8m | 94.5m | 97.4m | 103.9m |
Gross profit Margin, % | 29% | 31% | 31% | 29% | 30% | 29% | 29% | 30% | 30% | 28% | 28% | 28% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 2.7m | 3.5m | 703.0k | 257.0k | 473.0k | 466.0k | 259.0k | 65.0m | 41.3m | 31.8m | 52.4m | 101.3m |
Accounts Receivable | 227.6m | 225.4m | 243.8m | 237.8m | 239.1m | 237.6m | 220.5m | 225.8m | 227.8m | 235.6m | 242.4m | 230.0m |
Prepaid Expenses | 10.7m | 10.9m | 12.7m | 12.0m | 14.0m | 13.6m | 8.0m | 8.7m | 8.0m | 7.4m | 7.6m | 7.4m |
Current Assets | 242.0m | 241.6m | 259.1m | 250.9m | 254.5m | 252.0m | 255.5m | 299.8m | 277.3m | 274.8m | 302.3m | 338.7m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 5.9m | 17.0m | 27.1m | 9.2m | 25.4m | 41.6m | 26.9m | 101.7m | 116.7m | 9.1m | 19.0m | 37.8m |
Depreciation and Amortization | 2.1m | 4.2m | 6.4m | 2.1m | 4.2m | 6.2m | 2.0m | 3.6m | 5.1m | 1.4m | 2.8m | 4.1m |
Accounts Payable | (2.1m) | (4.1m) | (1.3m) | (2.1m) | 3.8m | 3.6m | 5.8m | 2.3m | 2.6m | |||
Cash From Operating Activities | (10.5m) | 5.5m | 5.6m | 10.3m | 38.3m | 64.7m | 11.8m | 22.3m | 46.5m | 3.0m | 39.0m | 93.9m |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 471.3k |
Debt/Equity | 0.9 x |
Debt/Assets | 0.3 x |
Financial Leverage | 3 x |
Kforce Operating Metrics
Kforce's Customers was reported to be 4 k in Feb, 2019. Kforce's Subscribers was reported to be 3 m in Feb, 2018.
Kforce Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| RDI Systems | December 01, 2008 | |
| Bradson Corp | October 01, 2006 | |
| Pinkerton Computer Consultants | January 31, 2006 | |
| VistaRMS | December 03, 2004 | |
| Hall Kinion & Associates | June 06, 2004 | |
| KFAH II, LLC | ||
| KFAH, LLC | ||
| Kforce.com, Inc. | ||
| Kforce Flexible Solutions, LLC | ||
| Kforce Global Solutions, Inc. |
Kforce Revenue Breakdown
Kforce revenue breakdown by business segment: 8.1% from Government Solutions, 22.1% from Finance and Accounting and 69.8% from Technology
Kforce Cybersecurity Score
Kforce Environment, Social & Governance (ESG) Ratings
Kforce Online and Social Media Presence
6.69k Twitter followers
Kforce has 6.69k Twitter Followers. The number of followers has decreased 0.8% month over month and decreased 1% quarter over quarter
Kforce's Trends
Twitter Engagement Stats for @Kforce
17.7k
Tweets
3.4k
Following
6.7k
Followers
31
Tweets last 30 days
0.6
Avg. likes per Tweet
48.4%
Tweets with engagement
Kforce Company Culture
Overall Culture
C
67/100
CEO Rating
B
73/100
Compensation
C-
60/100
Diversity
D
51/100
Kforce News and Updates
July 08, 2020
Kforce Inc. Announces Second Quarter 2020 Earnings Date
TAMPA, Fla., July 08, 2020 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a provider of professional staffing services and solutions, on Monday, August 10, 2020 will release second quarter results post-market and host a conference call to discuss the results. The call will begin at 5:00 p.m. ET.…
February 18, 2020
Kforce to Participate in the SunTrust Technology, Internet & Services Conference and the Sidoti Spring 2020 Investor Conference
TAMPA, Fla., Feb. 18, 2020 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), today announced that Kforce management will participate in the SunTrust Technology, Internet & Services Conference on March 11, 2020 in New York City.
February 05, 2020
Kforce Reports Fourth Quarter 2019 Revenue of $336.2 Million; EPS From Continuing Operations of $0.66 per Share, Up 22.2% Year Over Year; Full Year 2019 Tech Flex Growth of 6.8%; Board of Directors Approves 11% Increase in Quarterly Dividend
TAMPA, Fla., Feb. 05, 2020 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a provider of professional staffing services and solutions, today announced results for its fourth quarter and full year 2019. Unless indicated otherwise, the commentary within this release relates only to the results of ou…
January 07, 2020
Kforce Inc. Announces Fourth Quarter 2019 Earnings Date
TAMPA, Fla., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a provider of professional staffing services and solutions, on Wednesday, February 5, 2020 will release fourth quarter results pre-market and host a conference call to discuss the results. The call will begin at 8:30 a.m. …
October 30, 2019
Kforce Reports Third Quarter 2019 Revenue of $345.6 Million, EPS From Continuing Operations of $0.68 per Share; Tech Flex Year-Over-Year Growth Accelerates to 6.5%, on a Billing Day Basis; Repurchased 1.2 Million Shares of Stock for $40.0 Million During the Quarter
TAMPA,Fla., Oct. 30, 2019 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a professional staffing services and solutions firm, today announced results for the third quarter of 2019. Unless indicated otherwise, the commentary within this release relates only to the results of our continuing operati…
October 16, 2019
Kforce Inc. Announces Participation in the J.P. Morgan Ultimate Services Conference
TAMPA, Fla., Oct. 16, 2019 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a provider of professional staffing services and solutions, announced that Kforce management will participate in the J.P. Morgan 2019 Ultimate Services Investor Conference on November 13, 2019 at 1:20 p.m. ET at J.P. Morgan…
Kforce Frequently Asked Questions
When was Kforce founded?
Kforce was founded in 1962.
Who are Kforce key executives?
Kforce's key executives are David Dunkel, Joseph Liberatore and Tyler Greene.
How many employees does Kforce have?
Kforce has 2,300 employees.
What is Kforce revenue?
Latest Kforce annual revenue is $1.3 b.
What is Kforce revenue per employee?
Latest Kforce revenue per employee is $585.8 k.
Who are Kforce competitors?
Competitors of Kforce include Artech, Dice.com and Insperity.
Where is Kforce headquarters?
Kforce headquarters is located at 1001 E Palm Ave, Tampa.
Where are Kforce offices?
Kforce has offices in Tampa, Addison, Austin, Bloomington and in 48 other locations.
How many offices does Kforce have?
Kforce has 53 offices.
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