Kelly Services Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022	Jan '21 Jan 3, 2021
Cash & Equivalents	30.1	39	125.8	153.7	112.7	223
Cash & Short-Term Investments	30.1	39	125.8	153.7	112.7	223
Cash Growth	-8.23%	-69.00%	-18.15%	36.38%	-49.46%	764.34%
Accounts Receivable	1,196	1,256	1,161	1,492	1,423	1,265
Other Receivables	-	16.4	-	-	-	-
Receivables	1,196	1,272	1,161	1,492	1,423	1,271
Prepaid Expenses	53.5	52.6	45.1	67.1	48.6	48.8
Restricted Cash	0.6	0.2	0.3	0.1	0.2	-
Other Current Assets	-	1.8	294.8	2.7	4	7
Total Current Assets	1,280	1,366	1,627	1,715	1,589	1,550
Property, Plant & Equipment	66.4	72.8	71.7	94.6	111.1	124.2
Long-Term Investments	0.4	11	-	-	387.7	282.7
Goodwill	202.1	304.2	151.1	151.1	114.8	3.5
Other Intangible Assets	233.6	274.2	137.7	172.4	132.7	62.8
Long-Term Accounts Receivable	-	-	-	-	-	2.4
Long-Term Deferred Tax Assets	289.1	330.1	321.1	299.7	302.8	282
Other Long-Term Assets	321.7	274.5	273.4	230.8	256.4	254.7
Total Assets	2,393	2,632	2,582	2,664	2,894	2,562
Accounts Payable	601.9	607.4	644.8	717.6	676.2	522.6
Accrued Expenses	171.9	182.9	178.3	338.7	339.2	315.7
Short-Term Debt	-	-	-	0.7	-	0.3
Current Portion of Long-Term Debt	0.1	0.4	-	-	-	-
Current Portion of Leases	12.3	12.3	8.4	15.9	19.4	21.4
Current Income Taxes Payable	17.8	17.5	17.2	51.4	51.3	53.2
Other Current Liabilities	2.5	6	171.2	4.5	9.1	12.4
Total Current Liabilities	806.5	826.5	1,020	1,129	1,095	925.6
Long-Term Debt	118.4	239.4	-	-	-	-
Long-Term Leases	46.7	50.9	42.9	55	62.6	70.3
Pension & Post-Retirement Benefits	264.9	239.9	217.4	174.1	220	205.8
Long-Term Deferred Tax Liabilities	-	0.4	-	0.5	71.6	39.7
Other Long-Term Liabilities	41.5	40.6	47.7	51.2	108.6	117.5
Total Liabilities	1,278	1,398	1,328	1,410	1,558	1,359
Common Stock	38.5	38.5	38.5	38.5	40.1	40.1
Additional Paid-In Capital	35.7	34.2	30.6	28	23.9	21.3
Retained Earnings	1,097	1,230	1,242	1,216	1,315	1,163
Treasury Stock	-54.9	-61.4	-57.3	-20.1	-15.1	-17.1
Comprehensive Income & Other	-0.8	-6.9	0.2	-8.5	-27.7	-4.2
Shareholders' Equity	1,115	1,235	1,254	1,254	1,336	1,203
Total Liabilities & Equity	2,393	2,632	2,582	2,664	2,894	2,562
Total Debt	177.5	303	51.3	71.6	82	92
Net Cash (Debt)	-147.4	-264	74.5	82.1	30.7	131
Net Cash Growth	-	-	-9.26%	167.43%	-76.57%	-
Net Cash Per Share	-4.18	-7.44	2.05	2.15	0.78	3.33
Filing Date Shares Outstanding	35.34	34.89	35.29	37.17	39.4	39.3
Total Common Shares Outstanding	35.28	34.88	35.28	37.48	39.38	39.28
Working Capital	473.3	539	606.7	586.4	493.5	624
Book Value Per Share	31.61	35.40	35.54	33.47	33.93	30.63
Tangible Book Value	679.4	656.2	964.9	930.7	1,089	1,137
Tangible Book Value Per Share	19.26	18.81	27.35	24.83	27.65	28.94
Buildings	-	0.4	-	0.4	12.9	12.9
Machinery	-	130.8	-	149.5	174.5	187.1
Construction In Progress	-	2.3	-	3	0.3	0.4
Leasehold Improvements	-	6.5	-	13.9	17.4	21.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.