Kelly Services, Inc. (KELYA) Bundle
A Brief History of Kelly Services, Inc. (KELYA)
Company Overview
Kelly Services, Inc. is a global workforce solutions provider headquartered in Troy, Michigan. Founded in 1946, the company operates in multiple countries and provides staffing and workforce solutions.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $5.1 billion |
| Net Income | $98.6 million |
| Market Capitalization | $641.2 million |
| Stock Price (KELYA) | $19.45 |
Global Workforce
Kelly Services employs approximately 440,000 workers annually across various industries.
Key Service Segments
- Science, Technology, Engineering, and Mathematics (STEM) Staffing
- Commercial Staffing
- Professional and Industrial Services
- Higher Education and Government Solutions
Geographic Presence
| Region | Percentage of Revenue |
|---|---|
| United States | 68% |
| Europe | 22% |
| Asia Pacific | 7% |
| Other Regions | 3% |
Stock Performance
As of Q4 2023, KELYA traded on NASDAQ with a 52-week range of $16.50 to $25.00.
A Who Owns Kelly Services, Inc. (KELYA)
Major Institutional Shareholders
| Shareholder | Shares Owned | Percentage |
|---|---|---|
| The Vanguard Group, Inc. | 4,752,579 | 16.43% |
| BlackRock, Inc. | 3,945,828 | 13.65% |
| Renaissance Technologies LLC | 2,189,415 | 7.58% |
Insider Ownership
- Peter S. Holt (President and CEO): 271,000 shares
- William L. Walters (Chairman): 154,500 shares
- Other executives: Approximately 5.2% of total shares
Ownership Structure
Public Float: 85.6% of total shares
Publicly Traded: NASDAQ (KELYA and KELYB)
Ownership Breakdown
| Category | Percentage |
|---|---|
| Institutional Investors | 67.3% |
| Insider Ownership | 5.2% |
| Retail Investors | 27.5% |
Kelly Services, Inc. (KELYA) Mission Statement
Company Overview
Kelly Services, Inc. reported total revenue of $5.0 billion for the fiscal year 2022. The company is headquartered in Troy, Michigan, and operates in multiple countries worldwide.
Mission Statement Components
Kelly Services focuses on providing workforce solutions and staffing services across various industries.
| Business Segment | Revenue Contribution |
|---|---|
| Professional & Industrial Staffing | 68.3% of total revenue |
| Science, Technology, Engineering, and Mathematics (STEM) | 15.7% of total revenue |
| Global Services | 16% of total revenue |
Strategic Focus Areas
- Workforce Talent Solutions
- Digital Transformation
- Global Talent Deployment
Financial Performance Metrics
| Financial Metric | 2022 Value |
|---|---|
| Total Revenue | $5.0 billion |
| Net Income | $123.4 million |
| Market Capitalization | $693 million |
Geographic Presence
Kelly Services operates in 60 countries across multiple continents, serving approximately 90,000 corporate clients.
Key Workforce Solutions
- Temporary Staffing
- Direct Hire Recruitment
- Outsourcing Services
- Talent Management
How Kelly Services, Inc. (KELYA) Works
Company Overview
Kelly Services, Inc. is a global workforce solutions company headquartered in Troy, Michigan. As of 2024, the company operates in multiple countries and provides staffing and recruitment services across various industries.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $4.88 billion |
| Net Income | $76.7 million |
| Market Capitalization | $597.3 million |
Service Segments
- Professional & Industrial Staffing
- Science & Technology Staffing
- Education Staffing
- Government Solutions
Global Workforce
Kelly Services employs approximately 440,000 temporary and contract workers annually across multiple sectors.
Key Industries Served
| Industry | Percentage of Revenue |
|---|---|
| Manufacturing | 32% |
| Science & Technology | 22% |
| Office/Clerical | 18% |
| Healthcare | 15% |
| Other Sectors | 13% |
Geographic Presence
Kelly Services operates in 10 countries with primary markets in the United States, Canada, and Europe.
Stock Information
Ticker Symbol: KELYA Stock Exchange: NASDAQ Current Stock Price (as of 2024): $15.87
How Kelly Services, Inc. (KELYA) Makes Money
Revenue Streams
Kelly Services generates revenue through multiple staffing and workforce solutions segments:
| Segment | 2022 Revenue | Percentage of Total Revenue |
|---|---|---|
| Professional & Industrial Staffing | $4.48 billion | 74.3% |
| Science & Technology Staffing | $920 million | 15.3% |
| Global Talent Solutions | $625 million | 10.4% |
Staffing Services Breakdown
- Temporary Staffing Placements: $5.2 billion
- Direct Hire Recruitment: $385 million
- Outsourced Workforce Solutions: $1.1 billion
Geographic Revenue Distribution
| Region | 2022 Revenue | Percentage |
|---|---|---|
| United States | $4.6 billion | 76.2% |
| International Markets | $1.44 billion | 23.8% |
Key Financial Metrics
- Total Revenue for 2022: $6.03 billion
- Net Income: $146 million
- Gross Profit Margin: 20.3%
- Operating Margin: 3.6%
Client Industry Segments
| Industry | Revenue Contribution |
|---|---|
| Manufacturing | 35.7% |
| Information Technology | 22.4% |
| Healthcare | 18.6% |
| Others | 23.3% |
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