Kforce Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Kforce has an operating margin of 5.0%, meaning the company retains $5 of operating profit per $100 of revenue. This below-average margin results in a low score of 25/100, suggesting thin profitability after operating expenses. This is down from 5.7% the prior year.
Kforce's revenue declined 8.3% year-over-year, from $1.5B to $1.4B. This contraction results in a growth score of 5/100.
Kforce has a moderate D/E ratio of 1.31. This balance of debt and equity financing earns a leverage score of 62/100.
Kforce's current ratio of 2.00 indicates adequate short-term liquidity, earning a score of 60/100. The company can meet its near-term obligations, though with limited headroom.
Kforce's free cash flow margin of 5.6% results in a low score of 28/100. Capital expenditures of $7.6M absorb a large share of operating cash flow.
Kforce earns a strong 32.6% return on equity (ROE), meaning it generates $33 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is down from 38.4% the prior year.
Kforce scores 8.64, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Kforce passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Kforce generates $1.72 in operating cash flow ($86.9M OCF vs $50.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
This page shows Kforce (KFRC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Kforce generated $1.4B in revenue in fiscal year 2024. This represents a decrease of 8.3% from the prior year.
Kforce's EBITDA was $75.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 17.9% from the prior year.
Kforce generated $79.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 5.3% from the prior year.
Kforce reported $50.4M in net income in fiscal year 2024. This represents a decrease of 17.5% from the prior year.
Kforce earned $2.68 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 14.4% from the prior year.
Kforce held $349K in cash against $0 in long-term debt as of fiscal year 2024.
Kforce paid $1.52 per share in dividends in fiscal year 2024. This represents an increase of 5.6% from the prior year.
Kforce had 19M shares outstanding in fiscal year 2024.
Kforce's gross margin was 27.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the prior year.
Kforce's operating margin was 5.0% in fiscal year 2024, reflecting core business profitability. This is down 0.7 percentage points from the prior year.
Kforce's net profit margin was 3.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.
Kforce's ROE was 32.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 5.8 percentage points from the prior year.
Kforce spent $41.9M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 44.1% from the prior year.
Kforce invested $7.6M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 2.4% from the prior year.
KFRC Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $332.6M-0.5% | $334.3M+1.3% | $330.0M-4.0% | $343.8M-3.5% | $356.3M+1.3% | $351.9M-3.2% | $363.4M-2.6% | $373.1M |
| Cost of Revenue | $240.4M-1.3% | $243.7M+0.8% | $241.8M-3.7% | $251.1M-2.4% | $257.3M+0.3% | $256.6M-2.8% | $264.1M-2.1% | $269.7M |
| Gross Profit | $92.3M+1.8% | $90.6M+2.7% | $88.3M-4.7% | $92.7M-6.4% | $99.0M+3.9% | $95.3M-4.1% | $99.4M-4.0% | $103.5M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $75.9M+2.0% | $74.4M-1.1% | $75.2M-0.6% | $75.6M-2.7% | $77.7M-0.6% | $78.2M+2.4% | $76.4M-11.4% | $86.2M |
| Operating Income | $15.0M+0.8% | $14.9M+28.0% | $11.6M-25.3% | $15.6M-20.9% | $19.7M+25.3% | $15.7M-27.7% | $21.8M+35.7% | $16.0M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $3.2M-6.9% | $3.4M+16.7% | $2.9M-27.1% | $4.0M-20.4% | $5.0M+23.4% | $4.1M-28.4% | $5.7M+8.1% | $5.3M |
| Net Income | $11.1M+5.9% | $10.4M+28.3% | $8.1M-26.4% | $11.1M-21.9% | $14.2M+28.9% | $11.0M-30.1% | $15.7M+48.6% | $10.6M |
| EPS (Diluted) | $0.63+6.8% | $0.59+31.1% | $0.45-25.0% | $0.60-20.0% | $0.75+29.3% | $0.58-29.3% | $0.82+51.9% | $0.54 |
KFRC Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $374.2M+0.1% | $373.6M+1.5% | $368.2M+2.9% | $357.8M-1.3% | $362.7M-1.0% | $366.3M+2.3% | $358.0M-3.2% | $369.8M |
| Current Assets | $217.8M-2.3% | $222.9M-3.0% | $229.8M+2.0% | $225.4M-5.7% | $239.1M-2.9% | $246.2M+0.7% | $244.5M-5.2% | $257.9M |
| Cash & Equivalents | $1.3M-49.4% | $2.5M+456.8% | $444K+27.2% | $349K+217.3% | $110K+3.8% | $106K-10.9% | $119K-2.5% | $122K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $204.5M-2.6% | $209.9M-4.8% | $220.5M+2.2% | $215.7M-6.5% | $230.7M-2.6% | $236.9M+1.5% | $233.4M-6.0% | $248.3M |
| Goodwill | $25.0M0.0% | $25.0M0.0% | $25.0M0.0% | $25.0M0.0% | $25.0M0.0% | $25.0M0.0% | $25.0M0.0% | $25.0M |
| Total Liabilities | $242.0M+1.2% | $239.2M+3.9% | $230.2M+13.3% | $203.2M+3.6% | $196.1M-2.9% | $201.8M+1.5% | $198.9M+4.2% | $190.8M |
| Current Liabilities | $116.1M+6.2% | $109.3M-1.8% | $111.3M-1.0% | $112.5M+9.4% | $102.8M-3.1% | $106.1M+3.0% | $103.0M-13.7% | $119.3M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $132.1M-1.7% | $134.4M-2.6% | $138.0M-10.7% | $154.6M-7.2% | $166.6M+1.3% | $164.5M+3.4% | $159.1M-11.1% | $179.0M |
| Retained Earnings | $554.1M+0.7% | $550.1M+0.6% | $546.9M+0.1% | $546.2M+2.0% | $535.6M+1.3% | $528.8M+0.7% | $525.2M+1.7% | $516.5M |
KFRC Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $23.3M+27.0% | $18.4M+7275.5% | $249K-98.9% | $21.8M+4.1% | $20.9M+59.0% | $13.2M-41.2% | $22.4M-21.7% | $28.6M |
| Capital Expenditures | $3.5M-15.3% | $4.1M-0.2% | $4.1M+547.1% | -$928K-129.9% | $3.1M+65.5% | $1.9M+11.1% | $1.7M+49.8% | $1.1M |
| Free Cash Flow | $19.8M+39.3% | $14.2M+464.7% | -$3.9M-118.7% | $20.9M+17.0% | $17.8M+57.9% | $11.3M-45.5% | $20.7M-24.6% | $27.5M |
| Investing Cash Flow | -$3.5M-27.2% | -$2.8M+43.0% | -$4.8M-1534.7% | $337K+125.0% | -$1.3M+43.9% | -$2.4M-3.2% | -$2.3M-37.2% | -$1.7M |
| Financing Cash Flow | -$21.0M-54.9% | -$13.6M-390.1% | $4.7M+121.4% | -$21.9M-11.9% | -$19.6M-81.7% | -$10.8M+46.3% | -$20.1M+25.5% | -$27.0M |
| Dividends Paid | $6.8M-1.1% | $6.9M-2.1% | $7.1M+1.4% | $7.0M-2.1% | $7.1M-0.4% | $7.1M+6.1% | $6.7M-2.5% | $6.9M |
| Share Buybacks | $9.2M-17.6% | $11.2M-46.9% | $21.1M+1.5% | $20.7M+147.6% | $8.4M+194.3% | $2.8M-91.5% | $33.6M+99.1% | $16.9M |
KFRC Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.7%+0.6pp | 27.1%+0.4pp | 26.7%-0.2pp | 27.0%-0.8pp | 27.8%+0.7pp | 27.1%-0.3pp | 27.3%-0.4pp | 27.7% |
| Operating Margin | 4.5%+0.1pp | 4.5%+0.9pp | 3.5%-1.0pp | 4.5%-1.0pp | 5.5%+1.1pp | 4.5%-1.5pp | 6.0%+1.7pp | 4.3% |
| Net Margin | 3.3%+0.2pp | 3.1%+0.7pp | 2.5%-0.8pp | 3.2%-0.8pp | 4.0%+0.9pp | 3.1%-1.2pp | 4.3%+1.5pp | 2.8% |
| Return on Equity | 8.4%+0.6pp | 7.8%+1.9pp | 5.9%-1.2pp | 7.1%-1.4pp | 8.5%+1.8pp | 6.7%-3.2pp | 9.9%+4.0pp | 5.9% |
| Return on Assets | 3.0%+0.2pp | 2.8%+0.6pp | 2.2%-0.9pp | 3.1%-0.8pp | 3.9%+0.9pp | 3.0%-1.4pp | 4.4%+1.5pp | 2.9% |
| Current Ratio | 1.88-0.2 | 2.04-0.0 | 2.06+0.1 | 2.00-0.3 | 2.330.0 | 2.32-0.1 | 2.37+0.2 | 2.16 |
| Debt-to-Equity | 1.83+0.1 | 1.78+0.1 | 1.67+0.4 | 1.31+0.1 | 1.18-0.1 | 1.23-0.0 | 1.25+0.2 | 1.07 |
| FCF Margin | 6.0%+1.7pp | 4.3%+5.4pp | -1.2%-7.2pp | 6.1%+1.1pp | 5.0%+1.8pp | 3.2%-2.5pp | 5.7%-1.7pp | 7.4% |
Similar Companies
Frequently Asked Questions
What is Kforce's annual revenue?
Kforce (KFRC) reported $1.4B in total revenue for fiscal year 2024. This represents a -8.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Kforce's revenue growing?
Kforce (KFRC) revenue declined by 8.3% year-over-year, from $1.5B to $1.4B in fiscal year 2024.
Is Kforce profitable?
Yes, Kforce (KFRC) reported a net income of $50.4M in fiscal year 2024, with a net profit margin of 3.6%.
What is Kforce's earnings per share (EPS)?
Kforce (KFRC) reported diluted earnings per share of $2.68 for fiscal year 2024. This represents a -14.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Kforce's EBITDA?
Kforce (KFRC) had EBITDA of $75.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Kforce's gross margin?
Kforce (KFRC) had a gross margin of 27.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Kforce's operating margin?
Kforce (KFRC) had an operating margin of 5.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Kforce's net profit margin?
Kforce (KFRC) had a net profit margin of 3.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Kforce pay dividends?
Yes, Kforce (KFRC) paid $1.52 per share in dividends during fiscal year 2024.
What is Kforce's return on equity (ROE)?
Kforce (KFRC) has a return on equity of 32.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Kforce's free cash flow?
Kforce (KFRC) generated $79.3M in free cash flow during fiscal year 2024. This represents a -5.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Kforce's operating cash flow?
Kforce (KFRC) generated $86.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Kforce's total assets?
Kforce (KFRC) had $357.8M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Kforce's capital expenditures?
Kforce (KFRC) invested $7.6M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Kforce buy back shares?
Yes, Kforce (KFRC) spent $41.9M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Kforce have outstanding?
Kforce (KFRC) had 19M shares outstanding as of fiscal year 2024.
What is Kforce's current ratio?
Kforce (KFRC) had a current ratio of 2.00 as of fiscal year 2024, which is generally considered healthy.
What is Kforce's debt-to-equity ratio?
Kforce (KFRC) had a debt-to-equity ratio of 1.31 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Kforce's return on assets (ROA)?
Kforce (KFRC) had a return on assets of 14.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Kforce's Altman Z-Score?
Kforce (KFRC) has an Altman Z-Score of 8.64, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Kforce's Piotroski F-Score?
Kforce (KFRC) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Kforce's earnings high quality?
Kforce (KFRC) has an earnings quality ratio of 1.72x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Kforce?
Kforce (KFRC) scores 47 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.