Kelly Services, Inc. (KELYB)

Kelly Services Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 30, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Cash & Equivalents	28.2	39	125.8	153.7	112.7	223
Cash & Short-Term Investments	28.2	39	125.8	153.7	112.7	223
Cash Growth	-85.95%	-69.00%	-18.15%	36.38%	-49.46%	764.34%
Accounts Receivable	1,251	1,256	1,161	1,492	1,423	1,265
Other Receivables	17	16.4	-	-	-	-
Receivables	1,268	1,272	1,161	1,492	1,423	1,271
Prepaid Expenses	52.9	52.6	45.1	67.1	48.6	48.8
Restricted Cash	1.3	0.2	0.3	0.1	0.2	-
Other Current Assets	0.7	1.8	294.8	2.7	4	7
Total Current Assets	1,351	1,366	1,627	1,715	1,589	1,550
Property, Plant & Equipment	69.6	72.8	71.7	94.6	111.1	124.2
Long-Term Investments	0.4	11	-	-	387.7	282.7
Goodwill	304.1	304.2	151.1	151.1	114.8	3.5
Other Intangible Assets	248.4	274.2	137.7	172.4	132.7	62.8
Long-Term Accounts Receivable	-	-	-	-	-	2.4
Long-Term Deferred Tax Assets	331.1	330.1	321.1	299.7	302.8	282
Other Long-Term Assets	290.3	274.5	273.4	230.8	256.4	254.7
Total Assets	2,595	2,632	2,582	2,664	2,894	2,562
Accounts Payable	593.6	607.4	644.8	717.6	676.2	522.6
Accrued Expenses	196.7	182.9	178.3	338.7	339.2	315.7
Short-Term Debt	-	-	-	0.7	-	0.3
Current Portion of Long-Term Debt	0.3	0.4	-	-	-	-
Current Portion of Leases	12.2	12.3	8.4	15.9	19.4	21.4
Current Income Taxes Payable	17	17.5	17.2	51.4	51.3	53.2
Other Current Liabilities	3.1	6	171.2	4.5	9.1	12.4
Total Current Liabilities	822.9	826.5	1,020	1,129	1,095	925.6
Long-Term Debt	204.6	239.4	-	-	-	-
Long-Term Leases	49.3	50.9	42.9	55	62.6	70.3
Long-Term Deferred Tax Liabilities	-	0.4	-	0.5	71.6	39.7
Other Long-Term Liabilities	41.2	40.6	47.7	51.2	108.6	117.5
Total Liabilities	1,354	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	30.5	34.2	30.6	28	23.9	21.3
Retained Earnings	1,233	1,230	1,242	1,216	1,315	1,163
Treasury Stock	-56.1	-61.4	-57.3	-20.1	-15.1	-17.1
Comprehensive Income & Other	-5.6	-6.9	0.2	-8.5	-27.7	-4.2
Shareholders' Equity	1,241	1,235	1,254	1,254	1,336	1,203
Total Liabilities & Equity	2,595	2,632	2,582	2,664	2,894	2,562
Total Debt	266.4	303	51.3	71.6	82	92
Net Cash (Debt)	-238.2	-264	74.5	82.1	30.7	131
Net Cash Growth	-	-	-9.26%	167.43%	-76.57%	-
Net Cash Per Share	-6.73	-7.44	2.05	2.15	0.78	3.33
Filing Date Shares Outstanding	35.2	34.89	35.29	37.17	39.4	39.3
Total Common Shares Outstanding	35.18	34.88	35.28	37.48	39.38	39.28
Working Capital	528.1	539	606.7	586.4	493.5	624
Book Value Per Share	35.26	35.40	35.54	33.47	33.93	30.63
Tangible Book Value	688	656.2	964.9	930.7	1,089	1,137
Tangible Book Value Per Share	19.56	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

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q