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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% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,710.76 | 1,531.76 | 1,405.31 | 1,329.01 |
| Operating Revenue | - | 1,710.76 | 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 |
| Selling General And Administration | - | 379.82 | 334.93 | 309.80 | 305.75 |
| Total Expenses | - | 1,593.90 | 1,444.64 | 1,335.59 | 1,278.93 |
| Operating Income | - | 116.86 | 87.12 | 69.72 | 50.08 |
| Total Operating Income As Reported | - | 116.86 | 87.12 | 69.72 | 50.08 |
| EBITDA | - | 121.29 | 92.13 | 75.64 | 55.62 |
| Normalized EBITDA | - | 121.29 | 92.13 | 75.64 | 55.62 |
| EBIT | - | 116.86 | 87.12 | 69.72 | 50.08 |
| Other Non Operating Income Expenses | - | -14.42 | -1.87 | -2.10 | -3.13 |
| Other Income Expense | - | -14.42 | -1.87 | -2.10 | -3.13 |
| Pretax Income | - | 102.44 | 85.25 | 67.62 | 46.94 |
| Tax Provision | - | 27.01 | 24.18 | 17.21 | 12.12 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 75.43 | 61.08 | 50.41 | 34.83 |
| Net Income From Continuing And Discontinued Operation | - | 75.43 | 61.08 | 50.41 | 34.83 |
| Net Income From Continuing Operation Net Minority Interest | - | 75.43 | 61.08 | 50.41 | 34.83 |
| Net Income | - | 75.43 | 61.08 | 50.41 | 34.83 |
| Net Income Common Stockholders | - | 75.43 | 61.08 | 50.41 | 34.83 |
| Net Income Including Noncontrolling Interests | - | 75.43 | 61.08 | 50.41 | 34.83 |
| Normalized Income | - | 75.43 | 61.08 | 50.41 | 34.83 |
| Diluted NI Availto Com Stockholders | - | 75.43 | 61.08 | 50.41 | 34.83 |
| Basic Average Shares | - | 20.50 | 19.52 | 19.22 | 18.35 |
| Diluted Average Shares | - | 20.50 | 19.52 | 19.22 | 18.35 |
| 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 Discontinuous Operations | 0 | - | - | - | - |
| 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 |
| General And Administrative Expense | - | 379.82 | 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 |
| Selling And Marketing Expense | 50.53 | 60.31 | 52.49 | - | - |
| 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 | - | 2.66 | 3.14 | 3.18 | 2.65 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Kforce Inc.this co. | KFRC | $857M | 24.61↑ premium | 6.88 | 27.9% | 16.86 |
| Sun Country Airlines Holdings, Inc. | SNCY | $876M | 16.59 | 1.40 | 8.4% | 6.43 |
| Transcat, Inc. | TRNS | $871M | 161.88 | 2.90 | 1.8% | 25.78 |
| Mayville Engineering Company, Inc. | MEC | $833M | -102.73 | 3.46 | -3.4% | 28.48 |
| Quanex Building Products Corporation | NX | $818M |
| - |
| - |
| - |
| - |
| -3.26 |
| 1.13 |
| -34.5% |
| -19.15 |
| Cryoport, Inc. | CYRX | $815M | 10.40 | 1.77 | 17.0% | -378.98 |
| Compass Diversified | CODI | $803M | -3.55 | -22.42 | 632.3% | 164.90 |
| Montrose Environmental Group, Inc. | MEG | $801M | -949.94 | 1.77 | -0.2% | 14.06 |
| Barrett Business Services, Inc. | BBSI | $798M | 14.66 | 3.31 | 22.6% | 8.34 |
| Peer Median | - | 3.57 | 1.77 | 5.1% | 11.20 | |