Kforce Inc. provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients in disciplines, such as systems and applications architecture and development; data management and analytics; cloud architecture and engineering; business and artificial intelligence; machine learning; project and program management; and network architecture and security. This segment serves clients in the financial and business services, communications, insurance, retail, and technology industries. Its FA segment offers talent solutions to its clients in finance and accounting roles, including financial planning and analysis, business intelligence analysis, general accounting, transactional accounting, business and cost analysis, and taxation and treasury, as well as consultants in mortgage servicing, customer and call center support, data entry, and other administrative roles. This segment serves clients in various industries, including financial and business services, healthcare, and manufacturing sectors. The company was founded in 1962 and is headquartered in Tampa, Florida.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.3B | $56M | $35M | $47M | 27.9% | -5.4% | -30.9% |
| 2024 | $1.4B | $76M | $50M | $79M | 32.6% | -8.3% | -17.5% |
| 2023 | $1.5B | $92M | $61M | $84M | 38.4% | -10.5% | -19.0% |
| 2022 | $1.7B | $121M | $75M | $83M | 41.4% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 1,710.77 | 1,531.76 | 1,405.31 | 1,329.01 |
| Cost Of Revenue | 1,209.66 | 1,104.69 | 1,019.86 | 967.63 |
| Gross Profit | 501.11 | 427.07 | 385.44 | 361.37 |
| Operating Expense | 384.24 | 339.94 | 315.72 | 311.30 |
| Operating Income | 116.86 | 87.12 | 69.72 | 50.08 |
| EBITDA | 121.29 | 92.13 | 75.64 | 55.62 |
| EBIT | 116.86 | 87.12 | 69.72 | 50.08 |
| Pretax Income | 102.44 | 85.25 | 67.62 | 46.95 |
| Tax Provision | 27.01 | 24.18 | 17.21 | 12.12 |
| Net Income | 75.43 | 61.08 | 50.41 | 34.83 |
| Net Income Common Stockholders | 75.43 | 61.08 | 50.41 | 34.83 |
| Total Expenses | 1,593.90 | 1,444.63 | 1,335.59 | 1,278.93 |
| Selling General And Administration | 379.81 | 334.93 | 309.80 | 305.75 |
| Normalized EBITDA | 121.29 | 92.13 | 75.64 | 55.62 |
| Normalized Income | 75.43 | 61.08 | 50.41 | 34.83 |
| Basic EPS | 3.68 | 3.13 | 2.62 | 0 |
| Diluted EPS | 3.68 | 3.13 | 2.62 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.26 | 0.28 | 0.25 | 0.26 |
| Net Income From Continuing Operation Net Minority Interest | 75.43 | 61.08 | 50.41 | 34.83 |
| Reconciled Depreciation | 4.43 | 5.01 | 5.92 | 5.55 |
| Reconciled Cost Of Revenue | 1,209.66 | 1,104.69 | 1,019.86 | 967.63 |
| Net Income From Continuing And Discontinued Operation | 75.43 | 61.08 | 50.41 | 34.83 |
| Total Operating Income As Reported | 116.86 | 87.12 | 69.72 | 50.08 |
| Diluted Average Shares | 20.50 | 19.52 | 19.22 | 0 |
| Basic Average Shares | 20.50 | 19.52 | 19.22 | 0 |
| Diluted NI Availto Com Stockholders | 75.43 | 61.08 | 50.41 | 34.83 |
| Net Income Including Noncontrolling Interests | 75.43 | 61.08 | 50.41 | 34.83 |
| Net Income Discontinuous Operations | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | 75.43 | 61.08 | 50.41 | 34.83 |
| Other Income Expense | -14.42 | -1.87 | -2.10 | -3.13 |
| Other Non Operating Income Expenses | -14.42 | -1.87 | -2.10 | -3.13 |
| Depreciation Amortization Depletion Income Statement | 4.43 | 5.01 | 5.92 | 5.55 |
| Depreciation And Amortization In Income Statement | 4.43 | 5.01 | 5.92 | 5.55 |
| Amortization | 1.77 | 1.87 | 2.74 | 2.90 |
| Amortization Of Intangibles Income Statement | 1.77 | 1.87 | 2.74 | 2.90 |
| Depreciation Income Statement | 2.65 | 3.14 | 3.18 | 2.65 |
| Selling And Marketing Expense | 60.31 | 52.49 | 0 | 0 |
| General And Administrative Expense | 379.81 | 334.93 | 309.80 | 305.75 |
| Other Gand A | 60.31 | 52.49 | 48.96 | 48.91 |
| Salaries And Wages | 319.50 | 282.44 | 260.84 | 256.84 |
| Operating Revenue | 1,710.77 | 1,531.76 | 1,405.31 | 1,329.01 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Kforce Inc.this co. | KFRC | $854M | 24.08β discount | 6.47 | 27.9% | 16.91 |
| Satellogic Inc. | SATL | $881M | - | 13.79 | -7.9% | -36.46 |
| Covenant Logistics Group, Inc. | CVLG | $874M | 387.11 | 2.16 | 1.8% | 10.40 |
| Sun Country Airlines Holdings, Inc. | SNCY | $874M | 16.83 | 1.42 | 8.4% | 6.49 |
| Aebi Schmidt Holding AG | AEBI | $863M | 65.59 |
| 1.05 |
| 1.2% |
| 13.09 |
| Frontier Group Holdings, Inc. | ULCC | $861M | - | 1.75 | -27.9% | -15.70 |
| Compass Diversified | CODI | $854M | - | -23.84 | -39.5% | 17.91 |
| Apogee Enterprises, Inc. | APOG | $831M | 9.68 | 1.69 | 17.4% | 6.94 |
| Falcon's Beyond Global, Inc. | FBYD | $809M | 550.67 | 66.61 | 14.2% | -56.76 |
| Peer Median | - | 65.59 | 1.72 | 1.5% | 6.71 | |