Kelly Services A Inc (KELYA)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 19.88% | 25.21% | 25.19% | 37.30% | 70.59% | 41.60% | 40.66% | 26.05% | 18.74% | 18.32% | 18.13% | 18.34% | 18.32% | 18.39% | 18.28% | 17.96% | 18.08% | 18.00% | 17.96% | 17.83% |
| Operating profit margin | 0.50% | 0.56% | 0.00% | 0.08% | 1.03% | 1.05% | 2.28% | 1.66% | 0.99% | 0.87% | 0.66% | 0.65% | -2.07% | -1.95% | -1.46% | -0.89% | 1.53% | 1.87% | 1.94% | 1.67% |
| Pretax margin | 0.51% | 0.63% | 0.04% | 0.11% | -4.91% | 0.54% | 3.27% | 2.55% | 3.90% | 2.64% | 2.09% | 2.68% | -2.35% | -2.62% | -3.29% | -2.01% | 2.11% | 0.99% | 2.11% | -0.20% |
| Net profit margin | 0.75% | 0.62% | 0.03% | -0.15% | -4.36% | 0.42% | 2.49% | 2.24% | 3.18% | 2.20% | 1.89% | 2.40% | -1.59% | -1.70% | -2.18% | -1.20% | 2.10% | 1.32% | 2.09% | 0.29% |
Kelly Services, Inc.'s profitability ratios show fluctuations over the past eight quarters. The gross profit margin has remained relatively stable, ranging from 19.29% to 20.40%. However, the operating profit margin has shown a decreasing trend, declining from 1.42% to 0.55% over the same period. The pretax margin also exhibits variability, with a significant decline from 1.89% to -1.42% in Q1 2023. Similarly, the net profit margin fluctuates, reaching a low of -1.26% in Q4 2022 and a peak of 1.63% in Q1 2022. Overall, these ratios indicate that Kelly Services, Inc. has experienced challenges in maintaining consistent profitability in recent quarters, with a notable downward trend in operating profit margin and pretax margin.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.94% | 0.85% | 0.00% | 0.08% | 0.56% | 0.95% | 2.04% | 2.20% | 1.68% | 1.53% | 1.14% | 1.10% | -3.65% | -3.76% | -3.04% | -2.07% | 3.30% | 4.11% | 4.19% | 3.73% |
| Return on assets (ROA) | 1.41% | 0.95% | 0.05% | -0.15% | -2.35% | 0.38% | 2.23% | 2.98% | 5.39% | 3.85% | 3.27% | 4.09% | -2.81% | -3.28% | -4.55% | -2.78% | 4.53% | 2.89% | 4.53% | 0.64% |
| Return on total capital | 2.24% | 2.20% | 0.31% | 0.42% | -5.45% | 1.22% | 6.47% | 7.62% | 14.50% | 10.36% | 8.15% | 10.05% | -8.56% | -10.08% | -13.62% | -9.19% | 9.25% | 4.65% | 9.47% | -0.66% |
| Return on equity (ROE) | 2.90% | 1.95% | 0.10% | -0.32% | -4.98% | 0.81% | 4.79% | 6.51% | 11.68% | 8.46% | 7.21% | 8.79% | -5.99% | -6.72% | -9.22% | -5.72% | 8.89% | 5.73% | 9.08% | 1.35% |
Kelly Services, Inc. has shown mixed profitability performance over the past eight quarters based on the profitability ratios provided.
1. Operating return on assets (Operating ROA) has displayed a declining trend from 2.56% in Q4 2022 to 1.03% in Q4 2023. This indicates that the company's operating efficiency in generating profits from its assets has decreased over time.
2. Return on assets (ROA) has been volatile, ranging from -2.35% in Q4 2022 to 1.38% in Q4 2023. The positive ROA values in recent quarters suggest that the company has been able to generate profits from its total assets, although the negative values indicate periods of unprofitability.
3. Return on total capital has also seen fluctuations, with a decline from 5.51% in Q4 2022 to 2.13% in Q4 2023. This ratio reflects the company's ability to generate returns for both debt and equity holders, with a decrease indicating a lower efficiency in utilizing total capital for profitability.
4. Return on equity (ROE) has followed a similar pattern, with a decrease from 6.42% in Q1 2022 to 2.85% in Q4 2023. The declining trend suggests that the company's ability to generate profits from shareholders' equity has weakened over the quarters.
Overall, Kelly Services, Inc. has experienced variability in its profitability ratios, indicating challenges in maintaining consistent profitability and efficiency in capital utilization. Further analysis of the company's financial performance and operational strategies may be required to understand the factors driving these fluctuations in profitability.