KFRC
KFORCE INC
Next earnings Jul 27, 2026 · consensus $0.71 EPS, $355M rev
Last earnings -1.2% on 2026-04-27
$49.51
▲ +5.18%$49.51▲ +27.28%
over 1Y
L $23.68EODHDH $50.00
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+5.2%
1W+12.7%
1M+16.2%
3M+76.0%
YTD+61.6%
1Y+27.3%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 12 analysts
Buy
Cyclical staffer with a clean balance sheet and 27.9% ROE, but four straight years of revenue decline keep this a hold near $47.
Revenue $1.33B · FY2025
The read
Middling fundamentals and a rich price (~65% above fair value) leave little margin of safety — a wait-and-see.
Kforce is a high-quality staffing franchise caught in a genuine demand trough. Revenue has now declined four years in a row — from $1.71B in FY2022 to $1.33B in FY2025 (-5.4% YoY) — and net income has compressed harder, from $75.4M to $34.8M (-30.9% YoY), as gross margin slipped to 27.2% (from 27.4%) and SG&A delevered to 23.0% of revenue (from 22.0%). The MD&A is candid about why: a 'persistently weak and largely frozen hiring landscape,' the April 2025 trade-policy disruption, and clients pausing tech spend while they 'assess the implications' of AI on their roadmaps. Flex consultants on assignment — the actual unit volume — fell across both Technology (-4.7%) and FA (-12.8%), and bill rates were essentially flat ($90/hr Tech, +3.9% FA).
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.58B | $1.71B | $1.53B | $1.41B | $1.33B |
| Gross profit | $457M | $501M | $427M | $385M | $361M |
| Operating income | $107M | $117M | $87.1M | $69.7M | $50.1M |
| Net income | $75.2M | $75.4M | $61.1M | $50.4M | $34.8M |
| Diluted EPS | $3.54 | $3.68 | $3.13 | $2.68 | $1.96 |
| Net margin | 4.8% | 4.4% | 4.0% | 3.6% | 2.6% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$903M
EV / EBITDA16.2
EV / Sales0.7
EV / FCF19.3
P / FCF19.3
PEG (trailing)—
Earnings yield3.8%
FCF yield5.2%
Quality & risk
ROIC (est.)31.6%
Free cash flow$46.8M
Total debt$535K
Net cash$1.61M
Altman Z-Score8.74 safe
Piotroski F-Score4/8
Capital returns
Buyback yield5.6%
Dividend yield (est.)3.0%
Shareholder yield8.7%
Shares Δ YoY-4.4%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has skewed negative — read the flagged items.
- 8-K Other event2026-06-17
Other event disclosure, likely routine dividend declaration or governance update
- 10-Q Quarterly report2026-04-29
Q1 2026 filing; modest sequential improvement but Tech Flex still down YoY
- 8-K Earnings results2026-04-27
Q1 2026 earnings release; mgmt cited stronger start to 2026 vs weak FY25
- 8-K Shareholder vote2026-04-24
Annual meeting voting results disclosed; routine governance outcome
- 8-K Other event2026-03-17
Other event, likely quarterly dividend declaration; capital return continues
- DEF 14A Proxy statement2026-03-13
2026 proxy: routine director slate, exec comp, auditor ratification
- 10-K Annual report2026-02-20
FY25 10-K: rev $1.33B (-5.4%), NI -30.9%; buyback authorization raised to $100M
- 8-K Earnings results2026-02-02
Q4/FY25 earnings: revenue -5.4%, EPS -26.9% on macro + AI-driven demand softness
- 8-K Other event2025-12-16
Other event, likely dividend declaration following Oct buyback authorization bump
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-152026-06-17open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-16open ↗
Frequently asked
- Is KFORCE INC (KFRC) a buy?
- KFRC currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Cyclical staffer with a clean balance sheet and 27.9% ROE, but four straight years of revenue decline keep this a hold near $47.
- What is KFRC's fair value?
- A Modified-Graham model based on KFRC's SEC fundamentals estimates a fair value of about $17.41. It is an estimate from reported earnings, not a price target.
- Is KFRC overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, KFRC currently appears overvalued relative to its SEC-grounded earnings power.
- What is KFORCE INC's quality score?
- KFRC scores 59.70588235294117/100 (grade C) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000930420, latest 10-Q filed 2026-04-29) · EODHD · analysis by claude-code · as of 6/25/2026, 2:53:20 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.