Kforce (KFRC) Financials

$40.43 -0.22 (-0.55%)

Closing price 05/19/2026 03:59 PM Eastern

Extended Trading

$40.41 -0.02 (-0.04%)

As of 05/19/2026 05:14 PM Eastern

Annual Income Statements for Kforce

This table shows Kforce's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	43	33	33	58	131	56	80	75	61	50	35
Consolidated Net Income / (Loss)	43	33	33	58	131	56	75	75	61	50	35
Net Income / (Loss) Continuing Operations	43	33	30	51	55	56	75	75	61	50	35
Total Pre-Tax Income	72	56	55	68	71	75	99	102	85	68	47
Total Operating Income	74	59	60	72	75	80	107	117	87	70	50
Total Gross Profit	414	408	376	386	395	396	457	501	427	385	361
Total Revenue	1,319	1,320	1,254	1,304	1,347	1,398	1,580	1,711	1,532	1,405	1,329
Operating Revenue	1,319	1,320	1,254	1,304	1,347	1,398	1,580	1,711	1,532	1,405	1,329
Total Cost of Revenue	905	911	878	917	952	1,001	1,123	1,210	1,105	1,020	968
Operating Cost of Revenue	905	911	878	917	952	1,001	1,123	1,210	1,105	1,020	968
Total Operating Expenses	340	349	316	314	320	316	350	384	340	316	311
Selling, General & Admin Expense	330	341	308	307	314	311	346	380	335	310	306
Depreciation Expense	9.83	8.70	7.27	6.84	6.05	5.26	4.50	4.43	5.01	5.92	5.55
Total Other Income / (Expense), net	-2.58	-3.10	-5.10	-4.52	-3.43	-5.04	-7.38	-14	-1.87	-2.10	-3.13
Other Income / (Expense), net	-2.58	-3.10	-5.10	-4.52	-3.43	-5.04	-7.38	-14	-1.87	-2.10	-3.13
Income Tax Expense	29	23	25	17	17	19	24	27	24	17	12
Basic Earnings per Share	$1.53	$1.26	$1.32	$2.34	$5.64	$2.67	$3.65	$3.76	$3.18	$2.71	$1.97
Weighted Average Basic Shares Outstanding	27.91M	26.10M	25.22M	24.74M	23.19M	20.98M	20.58M	20.05M	19.19M	18.57M	17.68M
Diluted Earnings per Share	$1.52	$1.25	$1.30	$2.30	$5.50	$2.62	$3.54	$3.68	$3.13	$2.68	$1.96
Weighted Average Diluted Shares Outstanding	28.19M	26.27M	25.59M	25.25M	23.77M	21.40M	21.21M	20.50M	19.51M	18.81M	17.78M
Weighted Average Basic & Diluted Shares Outstanding	28M	26M	25.20M	24.80M	22.71M	22.09M	21.37M	20.32M	19.52M	19.11M	18.28M
Cash Dividends to Common per Share	$0.45	$0.48	$0.48	$0.60	$0.72	$0.80	$0.98	$1.20	$1.44	$1.52	$1.56

This table shows Kforce's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	11	16	11	14	14	11	8.15	10	11	5.16	7.93
Consolidated Net Income / (Loss)	11	16	11	14	14	11	8.15	10	11	5.16	7.93
Net Income / (Loss) Continuing Operations	11	16	11	14	14	11	8.15	10	11	5.16	7.93
Total Pre-Tax Income	16	21	15	19	18	15	11	14	14	7.78	11
Total Operating Income	16	22	16	20	19	16	12	15	15	8.56	12
Total Gross Profit	103	99	95	99	99	93	88	91	92	90	90
Total Revenue	373	363	352	356	353	344	330	334	333	332	330
Operating Revenue	373	363	352	356	353	344	330	334	333	332	330
Total Cost of Revenue	270	264	257	257	255	251	242	244	240	242	240
Operating Cost of Revenue	270	264	257	257	255	251	242	244	240	242	240
Total Operating Expenses	87	78	80	79	80	77	77	76	77	82	78
Selling, General & Admin Expense	86	76	78	78	78	76	75	74	76	80	77
Depreciation Expense	1.20	1.24	1.33	1.56	1.54	1.49	1.46	1.39	1.37	1.32	1.30
Total Other Income / (Expense), net	-0.18	-0.33	-0.66	-0.50	-0.43	-0.51	-0.57	-1.03	-0.76	-0.78	-0.65
Other Income / (Expense), net	-0.18	-0.33	-0.66	-0.50	-0.43	-0.51	-0.57	-1.03	-0.76	-0.78	-0.65
Income Tax Expense	5.28	5.70	4.08	5.04	4.08	4.01	2.92	3.41	3.18	2.61	3.43
Basic Earnings per Share	$0.55	$0.84	$0.59	$0.76	$0.76	$0.60	$0.45	$0.59	$0.63	$0.30	$0.46
Weighted Average Basic Shares Outstanding	19.16M	19.19M	18.73M	18.70M	18.58M	18.57M	18.16M	17.71M	17.59M	17.68M	17.13M
Diluted Earnings per Share	$0.54	$0.82	$0.58	$0.75	$0.75	$0.60	$0.45	$0.59	$0.63	$0.29	$0.46
Weighted Average Diluted Shares Outstanding	19.52M	19.51M	18.93M	18.89M	18.82M	18.81M	18.24M	17.76M	17.65M	17.78M	17.20M
Weighted Average Basic & Diluted Shares Outstanding	19.76M	19.52M	19.49M	19.38M	19.08M	19.11M	18.63M	18.60M	18.14M	18.28M	17.83M
Cash Dividends to Common per Share	$0.36	-	$0.38	$0.38	$0.38	-	$0.39	$0.39	$0.39	-	$0.40

This table details how cash moves in and out of Kforce's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.26	-0.02	-1.10	-0.27	20	84	-6.50	-97	-0.00	0.23	1.79
Net Cash From Operating Activities	71	40	29	88	67	109	73	91	91	87	62
Net Cash From Continuing Operating Activities	71	40	29	88	67	109	73	91	91	87	62
Net Income / (Loss) Continuing Operations	43	33	33	58	131	56	75	75	61	50	35
Consolidated Net Income / (Loss)	43	33	33	58	131	56	75	75	61	50	35
Depreciation Expense	9.85	8.80	8.51	8.27	6.48	5.26	4.50	4.43	5.01	5.92	5.55
Non-Cash Adjustments To Reconcile Net Income	9.60	10	7.82	13	-58	25	23	43	24	17	19
Changes in Operating Assets and Liabilities, net	8.46	-12	-20	8.44	-13	23	-30	-32	1.32	13	2.64
Net Cash From Investing Activities	-8.36	-12	-4.85	-4.17	103	-6.93	8.30	-14	-4.86	-7.56	-14
Net Cash From Continuing Investing Activities	-8.36	-12	-4.85	-4.17	103	-6.93	8.30	-14	-4.86	-7.56	-14
Purchase of Property, Plant & Equipment	-8.33	-12	-5.85	-5.17	-10	-6.48	-6.44	-8.11	-7.76	-7.57	-15
Divestitures	0.00	0.00	1.00	1.00	123	3.55	24	0.00	5.06	0.00	0.00
Other Investing Activities, net	-	-	-	-	-	0.00	0.00	-5.67	-2.16	0.01	0.70
Net Cash From Financing Activities	-62	-27	-26	-84	-150	-19	-88	-173	-87	-79	-46
Net Cash From Continuing Financing Activities	-62	-27	-26	-84	-150	-19	-88	-173	-87	-79	-46
Repayment of Debt	-619	-908	-1,037	-497	-89	-1.18	-1.37	-113	-578	-310	-408
Repurchase of Common Equity	-38	-46	-15	-22	-124	-36	-66	-75	-75	-42	-51
Payment of Dividends	-13	-12	-12	-15	-17	-17	-20	-24	-28	-28	-27
Issuance of Debt	608	939	1,039	450	80	35	0.00	38	594	301	441
Cash Interest Paid	-	-	3.52	3.81	1.48	2.57	2.45	0.89	0.90	1.99	3.76
Cash Income Taxes Paid	-	-	24	13	25	22	24	17	29	9.78	20

This table details how cash moves in and out of Kforce's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-0.03	-0.00	-0.01	0.00	0.02	0.22	0.10	2.03	-1.22	0.89	-0.80
Net Cash From Operating Activities	29	22	13	21	31	22	0.25	18	23	20	-4.06
Net Cash From Continuing Operating Activities	29	22	13	21	31	22	0.25	18	23	20	-4.06
Net Income / (Loss) Continuing Operations	11	16	11	14	14	11	8.15	10	11	5.16	7.93
Consolidated Net Income / (Loss)	11	16	11	14	14	11	8.15	10	11	5.16	7.93
Depreciation Expense	1.20	1.24	1.33	1.56	1.54	1.49	1.46	1.39	1.37	1.32	1.30
Non-Cash Adjustments To Reconcile Net Income	7.45	4.59	4.80	3.03	4.93	4.67	5.08	3.69	4.14	5.72	4.77
Changes in Operating Assets and Liabilities, net	9.40	0.87	-3.95	2.19	10	4.57	-14	2.83	6.74	7.50	-18
Net Cash From Investing Activities	-1.70	-2.33	-2.40	-1.35	-4.15	0.34	-4.84	-2.76	-3.51	-3.04	-3.35
Net Cash From Continuing Investing Activities	-1.70	-2.33	-2.40	-1.35	-4.15	0.34	-4.84	-2.76	-3.51	-3.04	-3.35
Purchase of Property, Plant & Equipment	-1.13	-1.69	-1.88	-3.10	-3.52	0.93	-4.15	-4.14	-3.51	-3.04	-3.35
Other Investing Activities, net	-0.57	-0.64	-0.53	1.76	-0.63	-0.59	-0.69	1.38	-	-	0.00
Net Cash From Financing Activities	-27	-20	-11	-20	-27	-22	4.68	-14	-21	-16	6.60
Net Cash From Continuing Financing Activities	-27	-20	-11	-20	-27	-22	4.68	-14	-21	-16	6.60
Repayment of Debt	-87	-148	-108	-38	-42	-122	-139	-147	-63	-59	-93
Repurchase of Common Equity	-17	-34	-2.85	-8.38	-9.96	-21	-21	-11	-9.21	-9.44	-12
Payment of Dividends	-6.90	-6.72	-7.13	-7.10	-7.05	-6.95	-7.05	-6.90	-6.83	-6.72	-6.82
Issuance of Debt	84	168	108	34	32	127	172	152	58	59	118
Cash Interest Paid	0.39	0.27	0.61	0.48	0.46	0.43	0.66	1.22	0.96	0.92	1.01
Cash Income Taxes Paid	2.78	9.29	0.30	8.29	0.49	0.69	4.16	9.36	2.93	3.48	0.17

This table presents Kforce's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	352	365	384	380	381	479	503	392	358	358	366
Total Current Assets	215	219	245	248	245	339	372	278	244	225	202
Cash & Equivalents	1.50	1.48	0.38	0.11	20	103	97	0.12	0.12	0.35	2.14
Accounts Receivable	199	206	226	211	218	228	265	-	-	216	190
Prepaid Expenses	9.06	11	12	8.02	7.48	6.99	6.79	8.14	11	9.37	9.67
Plant, Property, & Equipment, net	37	43	40	34	30	27	5.96	8.65	9.42	7.72	6.02
Total Noncurrent Assets	100	104	99	97	106	113	125	106	104	125	157
Goodwill	46	46	46	25	25	25	25	25	25	25	25
Noncurrent Deferred & Refundable Income Taxes	21	23	11	7.15	8.04	11	7.66	4.79	3.14	5.01	3.04
Other Noncurrent Operating Assets	29	31	39	37	73	78	93	76	76	95	129
Total Liabilities & Shareholders' Equity	352	365	384	380	381	479	503	392	358	358	366
Total Liabilities	212	244	250	212	214	299	315	210	199	203	241
Total Current Liabilities	88	83	84	90	85	108	160	131	103	112	114
Accounts Payable	39	37	35	33	33	36	81	73	65	62	68
Current Deferred & Payable Income Tax Liabilities	1.11	0.22	0.00	4.55	0.88	0.96	1.26	5.70	0.62	8.84	0.45
Current Employee Benefit Liabilities	46	44	47	39	44	66	71	48	34	39	42
Other Current Liabilities	1.29	1.77	1.96	1.62	6.85	5.82	6.34	4.58	3.59	3.04	3.34
Total Noncurrent Liabilities	124	160	166	121	129	191	155	78	96	91	127
Long-Term Debt	84	116	119	72	65	100	100	26	42	33	66
Other Noncurrent Operating Liabilities	41	45	47	45	64	91	55	53	54	58	61
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	140	122	134	168	167	180	188	182	159	155	125
Total Preferred & Common Equity	140	122	134	168	167	180	188	182	159	155	125
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	140	122	134	168	167	180	188	182	159	155	125
Common Stock	421	429	438	448	460	473	489	508	528	544	559
Retained Earnings	155	175	195	237	351	389	443	493	525	546	552
Treasury Stock	-437	-482	-499	-518	-642	-677	-744	-819	-894	-935	-987

This table presents Kforce's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	413	385	368	370	366	363	370	368	374	374	385
Total Current Assets	296	275	259	258	246	239	240	230	223	218	217
Cash & Equivalents	5.09	0.17	0.15	0.12	0.11	0.11	0.13	0.44	2.47	1.25	1.34
Accounts Receivable	281	267	250	248	237	231	229	221	210	204	207
Prepaid Expenses	10	8.21	8.74	9.50	9.15	8.31	11	8.85	11	12	8.79
Plant, Property, & Equipment, net	6.50	10	10	9.49	8.94	8.53	8.27	7.15	6.64	6.30	5.53
Total Noncurrent Assets	110	100	98	102	111	115	122	131	144	150	162
Goodwill	25	25	25	25	25	25	25	25	25	25	25
Noncurrent Deferred & Refundable Income Taxes	3.27	3.49	2.78	5.54	3.38	4.60	5.99	5.24	6.69	5.15	2.62
Other Noncurrent Operating Assets	82	72	71	72	83	85	91	101	112	120	134
Total Liabilities & Shareholders' Equity	413	385	368	370	366	363	370	368	374	374	385
Total Liabilities	204	199	180	191	202	196	202	230	239	242	267
Total Current Liabilities	163	126	104	119	106	103	117	111	109	116	122
Accounts Payable	73	70	60	67	59	58	60	59	63	63	69
Current Deferred & Payable Income Tax Liabilities	4.24	5.45	1.00	5.43	3.52	1.50	6.49	7.86	3.37	2.10	1.99
Current Employee Benefit Liabilities	82	47	39	43	40	40	46	41	40	48	47
Other Current Liabilities	4.10	3.80	3.58	3.85	3.42	3.38	3.33	3.15	3.01	3.23	3.41
Total Noncurrent Liabilities	41	74	76	72	96	93	86	119	130	126	146
Long-Term Debt	0.00	22	25	21	41	37	27	66	70	65	92
Other Noncurrent Operating Liabilities	41	51	52	50	55	57	59	53	60	61	54
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	209	186	188	179	165	167	167	138	134	132	117
Total Preferred & Common Equity	209	186	188	179	165	167	167	138	134	132	117
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	209	186	188	179	165	167	167	138	134	132	117
Common Stock	504	513	518	524	532	536	540	548	552	555	563
Retained Earnings	492	502	513	517	529	536	542	547	550	554	553
Treasury Stock	-787	-829	-843	-862	-896	-905	-915	-957	-968	-977	-999

This table displays calculated financial ratios and metrics derived from Kforce's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.37%	0.04%	-5.01%	4.01%	3.33%	3.73%	13.04%	8.28%	-10.46%	-8.26%	-5.43%
EBITDA Growth	40.52%	-20.57%	-2.05%	20.05%	2.27%	3.33%	28.96%	2.99%	-15.54%	-18.52%	-28.63%
EBIT Growth	49.45%	-21.93%	-1.85%	23.60%	5.18%	5.34%	31.98%	3.20%	-16.78%	-20.68%	-30.58%
NOPAT Growth	46.65%	-22.03%	-6.50%	67.78%	5.38%	4.57%	35.06%	6.55%	-27.47%	-16.72%	-28.53%
Net Income Growth	-52.90%	-23.47%	1.56%	74.19%	125.70%	-57.18%	34.15%	0.34%	-19.03%	-17.46%	-30.92%
EPS Growth	-47.04%	-17.76%	4.00%	76.92%	139.13%	-52.36%	35.11%	3.95%	-14.95%	-14.38%	-26.87%
Operating Cash Flow Growth	376.49%	-43.70%	-26.33%	199.00%	-24.06%	63.86%	-33.22%	24.56%	0.73%	-5.02%	-29.04%
Free Cash Flow Firm Growth	193.24%	-61.88%	-27.21%	618.07%	-59.87%	119.99%	-31.31%	415.67%	-90.14%	42.94%	121.00%
Invested Capital Growth	-4.35%	6.23%	7.31%	-21.43%	6.86%	-16.94%	8.48%	-132.30%	46.83%	12.61%	1.01%
Revenue Q/Q Growth	0.68%	-0.13%	-6.54%	7.60%	0.44%	1.29%	3.70%	0.55%	-3.54%	-1.38%	-0.88%
EBITDA Q/Q Growth	7.42%	-8.06%	-8.66%	13.64%	-0.38%	5.75%	0.28%	-11.54%	15.70%	-7.65%	-12.45%
EBIT Q/Q Growth	8.65%	-8.70%	-9.93%	15.79%	0.41%	6.56%	0.39%	-12.08%	16.74%	-8.58%	-13.45%
NOPAT Q/Q Growth	7.26%	-6.87%	-17.51%	26.05%	2.42%	6.69%	3.32%	-4.21%	-2.67%	-8.00%	-13.35%
Net Income Q/Q Growth	7.41%	-7.51%	-8.52%	21.39%	-1.61%	7.85%	3.12%	-15.17%	16.49%	-8.45%	-14.48%
EPS Q/Q Growth	10.14%	-5.30%	-9.09%	21.69%	1.66%	4.38%	3.51%	-14.02%	17.23%	-7.59%	-13.66%
Operating Cash Flow Q/Q Growth	173.46%	-11.97%	85.60%	-0.73%	-4.23%	-4.23%	-3.10%	-0.23%	11.82%	-0.71%	-3.27%
Free Cash Flow Firm Q/Q Growth	708.74%	-21.07%	734.51%	57.31%	-50.63%	-3.53%	-9.58%	462.81%	-50.63%	-23.57%	-14.32%
Invested Capital Q/Q Growth	-0.12%	1.17%	-6.45%	-18.71%	0.12%	4.45%	9.80%	-130.32%	-116.41%	-114.79%	-3.58%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	31.39%	30.95%	29.96%	29.64%	29.32%	28.35%	28.92%	29.29%	27.88%	27.43%	27.19%
EBITDA Margin	6.18%	4.91%	5.06%	5.84%	5.78%	5.76%	6.57%	6.25%	5.89%	5.23%	3.95%
Operating Margin	5.63%	4.47%	4.79%	5.55%	5.55%	5.74%	6.75%	6.83%	5.69%	4.96%	3.77%
EBIT Margin	5.43%	4.24%	4.38%	5.21%	5.30%	5.38%	6.28%	5.99%	5.57%	4.81%	3.53%
Profit (Net Income) Margin	3.25%	2.48%	2.66%	4.45%	9.71%	4.01%	4.76%	4.41%	3.99%	3.59%	2.62%
Tax Burden Percent	59.75%	58.57%	60.61%	85.42%	183.29%	74.51%	75.73%	73.63%	71.64%	74.55%	74.18%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	40.25%	41.43%	46.11%	25.05%	23.57%	25.49%	24.27%	26.37%	28.36%	25.45%	25.82%
Return on Invested Capital (ROIC)	19.54%	15.11%	13.23%	24.02%	27.81%	30.75%	43.91%	132.80%	0.00%	0.00%	19.77%
ROIC Less NNEP Spread (ROIC-NNEP)	17.78%	13.26%	14.04%	29.00%	222.66%	12.72%	2,395.91%	141.61%	0.00%	0.00%	14.96%
Return on Net Nonoperating Assets (RNNOA)	11.15%	9.97%	12.77%	14.30%	50.18%	1.53%	-3.09%	-92.09%	0.00%	0.00%	5.18%
Return on Equity (ROE)	30.70%	25.08%	26.00%	38.32%	77.99%	32.28%	40.82%	40.71%	35.79%	32.14%	24.94%
Cash Return on Invested Capital (CROIC)	23.99%	9.07%	6.18%	48.03%	21.18%	49.26%	35.77%	0.00%	0.00%	0.00%	18.76%
Operating Return on Assets (OROA)	20.03%	15.60%	14.65%	17.76%	18.76%	17.49%	20.21%	22.88%	22.73%	18.89%	12.98%
Return on Assets (ROA)	11.97%	9.14%	8.88%	15.17%	34.39%	13.03%	15.30%	16.85%	16.29%	14.09%	9.63%
Return on Common Equity (ROCE)	30.70%	25.08%	26.00%	38.32%	77.99%	32.28%	40.82%	40.71%	35.79%	32.14%	24.94%
Return on Equity Simple (ROE_SIMPLE)	30.67%	26.92%	24.79%	34.44%	78.24%	31.14%	39.90%	41.40%	38.39%	32.61%	0.00%
Net Operating Profit after Tax (NOPAT)	44	35	32	54	57	60	81	86	62	52	37
NOPAT Margin	3.36%	2.62%	2.58%	4.16%	4.24%	4.28%	5.11%	5.03%	4.07%	3.70%	2.80%
Net Nonoperating Expense Percent (NNEP)	1.76%	1.85%	-0.81%	-4.98%	-194.85%	18.03%	-2,352.00%	-8.81%	-0.61%	-0.83%	4.81%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	41.41%	31.10%	27.75%	19.45%
Cost of Revenue to Revenue	68.61%	69.05%	70.04%	70.36%	70.68%	71.65%	71.08%	70.71%	72.12%	72.57%	72.81%
SG&A Expenses to Revenue	25.02%	25.82%	24.59%	23.56%	23.32%	22.23%	21.88%	22.20%	21.87%	22.05%	23.01%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.76%	26.48%	25.17%	24.09%	23.77%	22.61%	22.17%	22.46%	22.19%	22.47%	23.42%
Earnings before Interest and Taxes (EBIT)	72	56	55	68	71	75	99	102	85	68	47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	82	65	63	76	78	80	104	107	90	74	52
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.38	4.41	4.36	4.27	4.92	4.79	8.10	5.96	8.19	7.00	4.50
Price to Tangible Book Value (P/TBV)	6.84	7.44	6.89	5.02	5.78	5.56	9.34	6.91	9.72	8.35	5.63
Price to Revenue (P/Rev)	0.46	0.41	0.47	0.55	0.61	0.62	0.97	0.63	0.85	0.77	0.42
Price to Earnings (P/E)	14.28	16.38	17.60	12.41	6.29	15.37	19.03	14.50	21.34	21.46	16.11
Dividend Yield	2.13%	2.43%	2.17%	2.17%	1.99%	2.04%	1.38%	2.30%	2.18%	2.68%	5.05%
Earnings Yield	7.00%	6.11%	5.68%	8.06%	15.91%	6.50%	5.26%	6.89%	4.69%	4.66%	6.21%
Enterprise Value to Invested Capital (EV/IC)	3.13	2.76	2.79	3.98	4.09	4.86	7.99	0.00	0.00	0.00	3.31
Enterprise Value to Revenue (EV/Rev)	0.53	0.49	0.56	0.61	0.64	0.61	0.97	0.65	0.88	0.79	0.47
Enterprise Value to EBITDA (EV/EBITDA)	8.51	10.05	11.11	10.39	11.14	10.66	14.74	10.39	14.90	15.15	11.91
Enterprise Value to EBIT (EV/EBIT)	9.68	11.63	12.83	11.65	12.15	11.41	15.41	10.84	15.77	16.48	13.32
Enterprise Value to NOPAT (EV/NOPAT)	15.64	18.82	21.79	14.58	15.18	14.35	18.94	12.91	21.54	21.44	16.83
Enterprise Value to Operating Cash Flow (EV/OCF)	9.81	16.34	24.02	9.02	13.03	7.86	20.98	12.23	14.70	12.83	10.14
Enterprise Value to Free Cash Flow (EV/FCFF)	12.74	31.35	46.64	7.29	19.93	8.96	23.24	3.27	40.18	23.29	17.73
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.60	0.95	0.89	0.43	0.39	0.56	0.53	0.14	0.26	0.21	0.53
Long-Term Debt to Equity	0.60	0.95	0.89	0.43	0.39	0.56	0.53	0.14	0.26	0.21	0.53
Financial Leverage	0.63	0.75	0.91	0.49	0.23	0.12	0.00	-0.65	-1.28	-1.20	0.35
Leverage Ratio	2.57	2.74	2.93	2.53	2.27	2.48	2.67	2.42	2.20	2.28	2.59
Compound Leverage Factor	2.57	2.74	2.93	2.53	2.27	2.48	2.67	2.42	2.20	2.28	2.59
Debt to Total Capital	37.51%	48.69%	47.01%	29.90%	27.99%	35.72%	34.67%	12.32%	20.73%	17.46%	34.76%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	37.51%	48.69%	47.01%	29.90%	27.99%	35.72%	34.67%	12.32%	20.73%	17.46%	34.76%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	62.49%	51.31%	52.99%	70.10%	72.01%	64.28%	65.33%	87.68%	79.27%	82.54%	65.24%
Debt to EBITDA	1.03	1.78	1.88	0.94	0.83	1.24	0.96	0.24	0.46	0.44	1.26
Net Debt to EBITDA	1.01	1.76	1.87	0.94	0.58	-0.04	0.03	0.24	0.46	0.44	1.22
Long-Term Debt to EBITDA	1.03	1.78	1.88	0.94	0.83	1.24	0.96	0.24	0.46	0.44	1.26
Debt to NOPAT	1.89	3.34	3.68	1.32	1.14	1.67	1.24	0.30	0.67	0.63	1.79
Net Debt to NOPAT	1.86	3.30	3.67	1.32	0.79	-0.06	0.04	0.30	0.66	0.62	1.73
Long-Term Debt to NOPAT	1.89	3.34	3.68	1.32	1.14	1.67	1.24	0.30	0.67	0.63	1.79
Altman Z-Score	7.20	6.55	6.36	7.44	8.25	6.88	8.43	10.54	11.52	10.26	7.86
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.44	2.62	2.93	2.75	2.89	3.13	2.32	2.11	2.37	2.00	1.78
Quick Ratio	2.28	2.49	2.70	2.33	2.80	3.07	2.26	0.00	0.00	0.00	1.69
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	54	21	15	108	44	96	66	339	33	48	35
Operating Cash Flow to CapEx	849.32%	320.64%	501.86%	1,696.77%	643.08%	1,685.85%	1,131.78%	1,119.81%	1,178.22%	1,147.15%	415.40%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	3.69	3.68	3.34	3.41	3.54	3.25	3.22	3.82	4.08	3.93	3.67
Accounts Receivable Turnover	6.54	6.51	5.80	5.98	6.29	6.26	6.40	0.00	0.00	0.00	6.54
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	36.24	32.74	30.27	35.24	41.91	49.23	96.43	234.17	169.58	163.97	193.37
Accounts Payable Turnover	23.41	23.84	24.36	27.22	28.96	29.13	19.21	15.69	16.06	16.12	14.96
Days Sales Outstanding (DSO)	55.84	56.05	62.92	61.08	58.04	58.27	57.03	0.00	0.00	0.00	55.77
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	15.59	15.31	14.99	13.41	12.60	12.53	19.00	23.26	22.73	22.65	24.40
Cash Conversion Cycle (CCC)	40.25	40.73	47.94	47.67	45.43	45.74	38.02	-23.26	-22.73	-22.65	31.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	222	236	253	199	212	176	191	-62	-33	-29	189
Invested Capital Turnover	5.81	5.77	5.13	5.77	6.55	7.19	8.59	26.40	-32.35	-45.64	7.07
Increase / (Decrease) in Invested Capital	-10	14	17	-54	14	-36	15	-253	29	4.15	1.89
Enterprise Value (EV)	694	651	705	791	868	858	1,529	1,111	1,345	1,114	625
Market Capitalization	611	537	586	719	823	861	1,526	1,085	1,303	1,082	561
Book Value per Share	$4.83	$4.49	$5.07	$6.46	$7.35	$8.20	$8.79	$8.78	$8.05	$8.10	$6.87
Tangible Book Value per Share	$3.09	$2.66	$3.21	$5.50	$6.25	$7.05	$7.63	$7.57	$6.78	$6.79	$5.49
Total Capital	223	237	253	240	232	280	288	208	201	187	191
Total Debt	84	116	119	72	65	100	100	26	42	33	66
Total Long-Term Debt	84	116	119	72	65	100	100	26	42	33	66
Net Debt	82	114	119	72	45	-3.49	3.01	25	41	32	64
Capital Expenditures (CapEx)	8.33	12	5.85	5.17	10	6.48	6.44	8.11	7.76	7.57	15
Debt-free, Cash-free Net Working Capital (DFCFNWC)	125	134	161	158	140	127	115	146	141	113	86
Debt-free Net Working Capital (DFNWC)	127	135	162	158	160	231	212	146	141	113	89
Net Working Capital (NWC)	127	135	162	158	160	231	212	146	141	113	89
Net Nonoperating Expense (NNE)	1.54	1.82	-0.94	-3.72	-74	3.76	5.59	11	1.34	1.56	2.32
Net Nonoperating Obligations (NNO)	82	114	119	30	45	-3.49	3.01	-244	-192	-183	64
Total Depreciation and Amortization (D&A)	9.85	8.80	8.51	8.27	6.48	5.26	4.50	4.43	5.01	5.92	5.55
Debt-free, Cash-free Net Working Capital to Revenue	9.50%	10.14%	12.87%	12.12%	10.42%	9.10%	7.26%	8.55%	9.23%	8.01%	6.50%
Debt-free Net Working Capital to Revenue	9.61%	10.26%	12.90%	12.13%	11.89%	16.51%	13.40%	8.55%	9.24%	8.04%	6.66%
Net Working Capital to Revenue	9.61%	10.26%	12.90%	12.13%	11.89%	16.51%	13.40%	8.55%	9.24%	8.04%	6.66%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.53	$1.26	$1.32	$2.34	$5.64	$2.67	$3.65	$3.76	$3.18	$2.71	$1.97
Adjusted Weighted Average Basic Shares Outstanding	27.91M	26.10M	25.22M	24.74M	23.19M	20.98M	20.58M	20.05M	19.19M	18.57M	17.68M
Adjusted Diluted Earnings per Share	$1.52	$1.25	$1.30	$2.30	$5.50	$2.62	$3.54	$3.68	$3.13	$2.68	$1.96
Adjusted Weighted Average Diluted Shares Outstanding	28.19M	26.27M	25.59M	25.25M	23.77M	21.40M	21.21M	20.50M	19.51M	18.81M	17.78M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.36M	26.74M	26.21M	25.85M	22.71M	22.09M	21.37M	20.32M	19.52M	19.11M	18.28M
Normalized Net Operating Profit after Tax (NOPAT)	44	35	32	54	57	60	81	86	62	52	37
Normalized NOPAT Margin	3.36%	2.62%	2.58%	4.16%	4.24%	4.28%	5.11%	5.03%	4.07%	3.70%	2.80%
Pre Tax Income Margin	5.43%	4.24%	4.38%	5.21%	5.30%	5.38%	6.28%	5.99%	5.57%	4.81%	3.53%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	29.29%	37.98%	36.48%	25.65%	12.69%	29.96%	26.76%	31.85%	45.13%	56.01%	78.95%
Augmented Payout Ratio	119.13%	178.38%	80.41%	63.92%	107.79%	93.51%	114.84%	131.17%	167.97%	139.20%	225.07%

This table displays calculated financial ratios and metrics derived from Kforce's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	18,630,000.00	18,599,000.00	-	18,278,000.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	18,630,000.00	18,599,000.00	-	18,278,000.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	0.56	0.60	-	0.43
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-14.74%	-13.40%	-13.33%	-8.45%	-5.31%	-5.41%	-6.21%	-6.17%	-5.85%	-3.42%	0.10%
EBITDA Growth	-45.79%	117.64%	-30.47%	-23.03%	16.28%	-26.90%	-23.62%	-26.51%	-21.26%	-45.06%	1.02%
EBIT Growth	-47.88%	132.90%	-32.59%	-25.07%	15.36%	-29.65%	-26.57%	-27.80%	-22.11%	-48.40%	2.60%
NOPAT Growth	-53.35%	-13.35%	-32.43%	-22.72%	35.96%	-28.36%	-25.33%	-22.74%	-19.84%	-50.32%	-2.11%
Net Income Growth	-52.50%	122.23%	-32.22%	-23.78%	34.36%	-29.62%	-25.87%	-26.19%	-22.11%	-53.32%	-2.70%
EPS Growth	-50.46%	127.78%	-29.27%	-21.05%	38.89%	-26.83%	-22.41%	-21.33%	-16.00%	-51.67%	2.22%
Operating Cash Flow Growth	291.96%	75.87%	-30.89%	-2.05%	8.22%	-2.76%	-98.11%	-12.28%	-24.71%	-9.55%	-1,728.51%
Free Cash Flow Firm Growth	316.68%	-104.78%	251.69%	284.01%	43.70%	156.09%	-24.39%	-46.61%	-51.83%	101.82%	-63.04%
Invested Capital Growth	-1.79%	46.83%	-1.28%	-4.18%	-3.04%	12.61%	-1.03%	-0.62%	0.89%	1.01%	2.18%
Revenue Q/Q Growth	-4.13%	-2.59%	-3.18%	1.26%	-0.84%	-2.70%	-4.00%	1.30%	-0.50%	-0.19%	-0.50%
EBITDA Q/Q Growth	-36.74%	32.85%	-27.60%	26.50%	-4.44%	-16.49%	-24.34%	21.70%	2.40%	-41.73%	39.11%
EBIT Q/Q Growth	-38.13%	35.12%	-29.64%	27.37%	-4.74%	-17.59%	-26.57%	25.24%	2.78%	-45.41%	46.01%
NOPAT Q/Q Growth	-43.11%	49.21%	-28.16%	26.72%	0.09%	-21.38%	-25.13%	31.12%	3.85%	-51.27%	47.51%
Net Income Q/Q Growth	-43.07%	48.61%	-30.09%	28.85%	0.37%	-22.16%	-26.36%	28.29%	5.92%	-53.35%	53.50%
EPS Q/Q Growth	-43.16%	51.85%	-29.27%	29.31%	0.00%	-20.00%	-25.00%	31.11%	6.78%	-53.97%	58.62%
Operating Cash Flow Q/Q Growth	33.92%	-21.72%	-41.23%	58.98%	47.97%	-29.66%	-98.86%	7,275.50%	27.00%	-15.50%	-120.58%
Free Cash Flow Firm Q/Q Growth	212.92%	-190.52%	105.73%	65.65%	-11.82%	-64.67%	46.50%	16.95%	-20.44%	-61.86%	4.15%
Invested Capital Q/Q Growth	-5.58%	-116.41%	2.31%	-0.97%	-4.46%	-114.79%	807.09%	-0.56%	-3.01%	-3.58%	9.88%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	27.73%	27.34%	27.07%	27.78%	27.90%	26.95%	26.74%	27.11%	27.73%	27.17%	27.26%
EBITDA Margin	4.57%	6.23%	4.66%	5.82%	5.61%	4.82%	3.80%	4.56%	4.69%	2.74%	3.83%
Operating Margin	4.30%	5.98%	4.47%	5.53%	5.30%	4.53%	3.52%	4.45%	4.51%	2.58%	3.63%
EBIT Margin	4.25%	5.89%	4.28%	5.39%	5.18%	4.38%	3.35%	4.15%	4.28%	2.34%	3.44%
Profit (Net Income) Margin	2.83%	4.32%	3.12%	3.97%	4.02%	3.22%	2.47%	3.13%	3.33%	1.56%	2.40%
Tax Burden Percent	66.71%	73.37%	72.90%	73.75%	77.70%	73.40%	73.60%	75.40%	77.70%	66.40%	69.80%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	33.29%	26.63%	27.10%	26.25%	22.30%	26.60%	26.40%	24.60%	22.30%	33.60%	30.20%
Return on Invested Capital (ROIC)	22.53%	0.00%	23.31%	28.37%	29.74%	0.00%	17.58%	22.56%	24.09%	12.10%	16.43%
ROIC Less NNEP Spread (ROIC-NNEP)	21.04%	0.00%	21.79%	27.15%	28.36%	0.00%	16.79%	21.07%	22.79%	11.03%	15.84%
Return on Net Nonoperating Assets (RNNOA)	0.88%	0.00%	3.91%	4.68%	3.93%	0.00%	5.87%	7.29%	6.89%	3.82%	9.63%
Return on Equity (ROE)	23.41%	35.79%	27.22%	33.05%	33.68%	32.14%	23.45%	29.85%	30.98%	15.92%	26.05%
Cash Return on Invested Capital (CROIC)	33.55%	0.00%	28.84%	29.62%	31.74%	0.00%	25.07%	23.22%	21.10%	18.76%	15.84%
Operating Return on Assets (OROA)	17.24%	24.07%	16.84%	21.30%	19.94%	17.21%	12.63%	15.33%	15.43%	8.60%	12.14%
Return on Assets (ROA)	11.50%	17.66%	12.28%	15.71%	15.50%	12.63%	9.30%	11.56%	11.99%	5.71%	8.47%
Return on Common Equity (ROCE)	23.41%	35.79%	27.22%	33.05%	33.68%	32.14%	23.45%	29.85%	30.98%	15.92%	26.05%
Return on Equity Simple (ROE_SIMPLE)	29.30%	0.00%	33.95%	30.87%	32.90%	0.00%	34.47%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	11	16	11	15	15	11	8.56	11	12	5.68	8.38
NOPAT Margin	2.87%	4.39%	3.26%	4.08%	4.12%	3.33%	2.59%	3.36%	3.50%	1.71%	2.54%
Net Nonoperating Expense Percent (NNEP)	1.49%	-0.11%	1.52%	1.22%	1.39%	-0.20%	0.79%	1.49%	1.30%	1.07%	0.59%
Return On Investment Capital (ROIC_SIMPLE)	-	7.95%	-	-	-	6.10%	4.21%	5.49%	5.91%	2.97%	4.01%
Cost of Revenue to Revenue	72.27%	72.66%	72.93%	72.22%	72.10%	73.05%	73.26%	72.89%	72.27%	72.83%	72.74%
SG&A Expenses to Revenue	23.11%	21.01%	22.22%	21.81%	22.16%	21.99%	22.78%	22.25%	22.81%	24.19%	23.23%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	23.43%	21.35%	22.60%	22.25%	22.60%	22.42%	23.22%	22.66%	23.22%	24.59%	23.63%
Earnings before Interest and Taxes (EBIT)	16	21	15	19	18	15	11	14	14	7.78	11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	17	23	16	21	20	17	13	15	16	9.10	13
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.56	8.19	8.42	7.27	7.11	7.00	6.77	5.70	4.22	4.50	4.55
Price to Tangible Book Value (P/TBV)	7.62	9.72	9.93	8.55	8.37	8.35	8.27	7.01	5.21	5.63	5.79
Price to Revenue (P/Rev)	0.74	0.85	0.94	0.84	0.84	0.77	0.68	0.56	0.42	0.42	0.40
Price to Earnings (P/E)	22.64	21.34	24.79	23.54	21.62	21.46	19.64	17.47	13.69	16.11	15.44
Dividend Yield	2.37%	2.18%	2.08%	2.38%	2.44%	2.68%	3.13%	3.74%	5.17%	5.05%	5.37%
Earnings Yield	4.42%	4.69%	4.03%	4.25%	4.62%	4.66%	5.09%	5.72%	7.30%	6.21%	6.47%
Enterprise Value to Invested Capital (EV/IC)	5.97	0.00	6.95	6.14	6.27	0.00	4.92	4.13	3.17	3.31	3.01
Enterprise Value to Revenue (EV/Rev)	0.75	0.88	0.96	0.86	0.85	0.79	0.72	0.61	0.46	0.47	0.47
Enterprise Value to EBITDA (EV/EBITDA)	15.31	14.90	17.16	16.23	15.29	15.15	14.34	12.99	10.36	11.91	11.87
Enterprise Value to EBIT (EV/EBIT)	16.36	15.77	18.28	17.44	16.46	16.48	15.71	14.31	11.46	13.32	13.22
Enterprise Value to NOPAT (EV/NOPAT)	18.63	21.54	25.05	23.70	21.55	21.44	20.37	18.22	14.49	16.83	16.90
Enterprise Value to Operating Cash Flow (EV/OCF)	14.60	14.70	16.66	14.65	13.92	12.83	13.51	11.68	9.75	10.14	10.89
Enterprise Value to Free Cash Flow (EV/FCFF)	17.62	40.18	23.93	20.29	19.46	23.29	19.52	17.73	15.10	17.73	19.20
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.12	0.26	0.25	0.22	0.16	0.21	0.47	0.52	0.49	0.53	0.78
Long-Term Debt to Equity	0.12	0.26	0.25	0.22	0.16	0.21	0.47	0.52	0.49	0.53	0.78
Financial Leverage	0.04	-1.28	0.18	0.17	0.14	-1.20	0.35	0.35	0.30	0.35	0.61
Leverage Ratio	2.02	2.20	2.15	2.06	2.14	2.28	2.43	2.45	2.48	2.59	2.95
Compound Leverage Factor	2.02	2.20	2.15	2.06	2.14	2.28	2.43	2.45	2.48	2.59	2.95
Debt to Total Capital	10.68%	20.73%	19.87%	18.05%	13.85%	17.46%	32.18%	34.24%	32.97%	34.76%	43.81%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	10.68%	20.73%	19.87%	18.05%	13.85%	17.46%	32.18%	34.24%	32.97%	34.76%	43.81%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	89.32%	79.27%	80.13%	81.95%	86.15%	82.54%	67.82%	65.76%	67.03%	65.24%	56.19%
Debt to EBITDA	0.27	0.46	0.49	0.48	0.34	0.44	0.94	1.09	1.08	1.26	1.74
Net Debt to EBITDA	0.27	0.46	0.49	0.48	0.34	0.44	0.93	1.05	1.06	1.22	1.71
Long-Term Debt to EBITDA	0.27	0.46	0.49	0.48	0.34	0.44	0.94	1.09	1.08	1.26	1.74
Debt to NOPAT	0.33	0.67	0.72	0.70	0.48	0.63	1.33	1.53	1.52	1.79	2.48
Net Debt to NOPAT	0.33	0.66	0.72	0.70	0.47	0.62	1.33	1.48	1.49	1.73	2.44
Long-Term Debt to NOPAT	0.33	0.67	0.72	0.70	0.48	0.63	1.33	1.53	1.52	1.79	2.48
Altman Z-Score	10.53	10.94	10.77	10.38	10.00	9.78	8.76	8.11	7.49	7.51	7.06
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.16	2.37	2.32	2.33	2.06	2.00	2.06	2.04	1.88	1.78	1.79
Quick Ratio	2.08	0.00	2.23	2.24	1.97	0.00	1.99	1.94	1.77	1.69	1.72
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	14	-13	14	23	21	7.29	11	12	9.93	3.79	3.95
Operating Cash Flow to CapEx	2,542.18%	1,328.33%	702.35%	674.48%	879.59%	0.00%	6.00%	443.49%	664.85%	647.86%	-121.23%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	4.06	4.08	3.93	3.95	3.85	3.93	3.77	3.70	3.60	3.67	3.53
Accounts Receivable Turnover	6.00	0.00	5.87	6.01	5.97	0.00	6.05	6.18	6.18	6.54	6.21
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	198.63	169.58	155.77	154.64	160.51	163.97	171.96	179.49	184.03	193.37	209.61
Accounts Payable Turnover	16.26	16.06	16.57	17.67	16.20	16.12	16.92	16.30	15.88	14.96	15.03
Days Sales Outstanding (DSO)	60.84	0.00	62.18	60.71	61.16	0.00	60.35	59.06	59.04	55.77	58.73
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	22.44	22.73	22.02	20.66	22.53	22.65	21.57	22.40	22.98	24.40	24.29
Cash Conversion Cycle (CCC)	38.40	-22.73	40.16	40.05	38.63	-22.65	38.78	36.66	36.05	31.37	34.44
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	200	-33	205	203	194	-29	203	202	196	189	208
Invested Capital Turnover	7.86	-32.35	7.15	6.96	7.23	-45.64	6.78	6.72	6.88	7.07	6.48
Increase / (Decrease) in Invested Capital	-3.66	29	-2.66	-8.86	-6.08	4.15	-2.12	-1.26	1.72	1.89	4.43
Enterprise Value (EV)	1,194	1,345	1,426	1,248	1,218	1,114	999	834	621	625	625
Market Capitalization	1,173	1,303	1,385	1,211	1,191	1,082	934	766	558	561	534
Book Value per Share	$8.89	$8.05	$8.78	$8.55	$8.64	$8.10	$7.22	$7.22	$7.10	$6.87	$6.42
Tangible Book Value per Share	$7.65	$6.78	$7.45	$7.26	$7.34	$6.79	$5.91	$5.87	$5.76	$5.49	$5.05
Total Capital	200	201	205	203	194	187	204	204	197	191	209
Total Debt	21	42	41	37	27	33	66	70	65	66	92
Total Long-Term Debt	21	42	41	37	27	33	66	70	65	66	92
Net Debt	21	41	41	37	27	32	65	68	64	64	90
Capital Expenditures (CapEx)	1.13	1.69	1.88	3.10	3.52	-0.93	4.15	4.14	3.51	3.04	3.35
Debt-free, Cash-free Net Working Capital (DFCFNWC)	139	141	140	136	123	113	118	111	100	86	95
Debt-free Net Working Capital (DFNWC)	139	141	140	136	123	113	119	114	102	89	96
Net Working Capital (NWC)	139	141	140	136	123	113	119	114	102	89	96
Net Nonoperating Expense (NNE)	0.12	0.24	0.48	0.37	0.33	0.37	0.42	0.78	0.59	0.52	0.46
Net Nonoperating Obligations (NNO)	21	-192	41	37	27	-183	65	68	64	64	90
Total Depreciation and Amortization (D&A)	1.20	1.24	1.33	1.56	1.54	1.49	1.46	1.39	1.37	1.32	1.30
Debt-free, Cash-free Net Working Capital to Revenue	8.72%	9.23%	9.47%	9.43%	8.65%	8.01%	8.54%	8.16%	7.50%	6.50%	7.11%
Debt-free Net Working Capital to Revenue	8.73%	9.24%	9.48%	9.43%	8.66%	8.04%	8.57%	8.34%	7.59%	6.66%	7.21%
Net Working Capital to Revenue	8.73%	9.24%	9.48%	9.43%	8.66%	8.04%	8.57%	8.34%	7.59%	6.66%	7.21%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.55	$0.84	$0.59	$0.76	$0.76	$0.60	$0.45	$0.59	$0.63	$0.30	$0.46
Adjusted Weighted Average Basic Shares Outstanding	19.16M	19.19M	18.73M	18.70M	18.58M	18.57M	18.16M	17.71M	17.59M	17.68M	17.13M
Adjusted Diluted Earnings per Share	$0.54	$0.82	$0.58	$0.75	$0.75	$0.60	$0.45	$0.59	$0.63	$0.29	$0.46
Adjusted Weighted Average Diluted Shares Outstanding	19.52M	19.51M	18.93M	18.89M	18.82M	18.81M	18.24M	17.76M	17.65M	17.78M	17.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	19.76M	19.52M	19.49M	19.38M	19.08M	19.11M	18.63M	18.60M	18.14M	18.28M	17.83M
Normalized Net Operating Profit after Tax (NOPAT)	11	16	11	15	15	11	8.56	11	12	5.68	8.38
Normalized NOPAT Margin	2.87%	4.39%	3.26%	4.08%	4.12%	3.33%	2.59%	3.36%	3.50%	1.71%	2.54%
Pre Tax Income Margin	4.25%	5.89%	4.28%	5.39%	5.18%	4.38%	3.35%	4.15%	4.28%	2.34%	3.44%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	50.93%	45.13%	49.57%	54.13%	50.85%	56.01%	59.19%	63.74%	68.10%	78.95%	78.78%
Augmented Payout Ratio	192.61%	167.97%	169.08%	173.97%	150.26%	139.20%	185.64%	207.25%	220.84%	225.07%	198.72%

Financials Breakdown Chart

Key Financial Trends

Kforce (KFRC) has shown solid cash generation and stable margins in recent quarters, but topline and profitability have cooled somewhat in 2024–2025. Below are the 10 most relevant takeaways drawn from the last four years of quarterly statements, with the positives listed first, followed by neutral items, then negatives.

Operating cash flow remains positive in late 2025: Net cash from continuing operating activities was $23,322,000 in Q3 2025 and $19,708,000 in Q4 2025.
Free cash flow generally positive in 2025 (excluding the first quarter): Free cash flow (cash from continuing operations minus capital expenditures) was roughly $14.2M in Q2 2025, about $19.8M in Q3 2025, and about $16.7M in Q4 2025, with one weak quarter in Q1 2025.
Stable dividend provides ongoing income: The quarterly cash dividend per share remained at $0.39 in 2025 across all four quarters.
Gross margin remains solid and relatively stable: Q4 2025 gross profit of $90,208,000 on revenue of $332,018,000 yields a gross margin near 27.1%.
Healthy near-term liquidity: As of late 2025, total current assets were around $217–223M with current liabilities near $116M, implying a roughly 1.8x–1.9x current ratio.
Earnings per share and quarterly earnings show volatility: Basic EPS ranged from about $0.30 in Q4 2025 to around $0.63 in earlier quarters (quarterly results vary by period).
Leverage remains elevated but fairly stable: Total liabilities around $242M and total equity around $132M in late 2025 imply a debt-to-equity ratio near 1.8x.
Revenue trends softened in Q4 2025: Operating revenue was $332.0M in Q4 2025 vs $343.8M in Q4 2024 (roughly a mid-single-digit decline).
Net income pulled back in Q4 2025 versus year-ago quarter: Net income attributable to common shareholders was $5.16M in Q4 2025 vs $11.06M in Q4 2024.
Financing cash flow remains a headwind in recent periods: Net cash from financing activities was negative in Q4 2025 (about -$15.78M), reflecting debt activity and equity repurchases.

05/20/26 02:11 AM ETAI Generated. May Contain Errors.

Kforce Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Kforce's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

The last 5 years of Kforce's net income performance:

2021: $75.18 million
2022: $75.43 million
2023: $61.08 million
2024: $50.41 million
2025: $34.83 million

Find out what analysts predict for Kforce in the coming months.

Kforce's total operating income in 2025 was $50.08 million, based on the following breakdown:

Total Gross Profit: $361.37 million
Total Operating Expenses: $311.30 million

Over the last 10 years, Kforce's total revenue changed from $1.32 billion in 2015 to $1.33 billion in 2025, a change of 0.7%.

Kforce's total liabilities were at $241.04 million at the end of 2025, a 18.6% increase from 2024, and a 13.6% increase since 2015.

In the past 10 years, Kforce's cash and equivalents has ranged from $112 thousand in 2018 to $103.49 million in 2020, and is currently $2.14 million as of their latest financial filing in 2025.

Over the last 10 years, Kforce's book value per share changed from 4.83 in 2015 to 6.87 in 2025, a change of 42.3%.

Related Companies

Financial statements for NASDAQ:KFRC last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Kforce (KFRC) Financials

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Kforce (KFRC) Financials

Annual Income Statements for Kforce

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Quarterly Cash Flow Statements for Kforce

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Quarterly Balance Sheets for Kforce

Annual Metrics And Ratios for Kforce

Quarterly Metrics And Ratios for Kforce

Financials Breakdown Chart

Key Financial Trends

Kforce Financials - Frequently Asked Questions

When does Kforce's fiscal year end?

How has Kforce's net income changed over the last 10 years?

What is Kforce's operating income?

How has Kforce's revenue changed over the last 10 years?

How much debt does Kforce have?

How much cash does Kforce have?

How has Kforce's book value per share changed over the last 10 years?

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