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TickerKFRC
SectorStaffing & Employment Services
Mkt cap$775M
EV / EBITDA16.0×
PostureHigh Velocity
Composite62/100
LensTarget-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 930420

Kforce Inc

KFRCHIGH VELOCITYFILING INTENSITY

Kforce Inc reads as High Velocity (composite 62/100); pressure / disclosure signals dominate the posture this cycle · primary market Industrial Services.

Lens

Disclosed M&A capital (2023–2025)

N/A

flat

vs N/A in 2020–2022

Disclosed transactions

N/A

flat

0/3 active fiscal years in window

Buyer archetype

Selective Buyer

Acquisition use is visible but targeted.

Composite score

62

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$1.3B
EBITDA$54M
Enterprise value$869M
EV / Revenue0.7×
EV / EBITDA16.0×
P/EN/A
Cash$1M
Total debt$100M
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

16/100

Companies actively deploying disclosed capital into M&A

  • $209M disclosed buyer spend

Buyer Cadence

3/100

Buyer-side companies with recent filing activity

  • 278 8-Ks

Target Probability

18/100

Issuers showing target-side patterns from filings

  • 10 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 10 activism filings

Pressure Watch

13/100

Issuers facing activism, governance, or control pressure

  • 10 activism filings
  • Latest activism 15y ago; heavily discounted

Distress Watch

18/100

Issuers showing financial-distress filing patterns

  • 10 activism filings

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

Capital Velocity

Dominant
62/100

Issuers with the highest filing-activity intensity

  • 278 8-Ks
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $869M
  • 10-Q 73d ago
  • 2 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

No disclosed M&A capital in the 10-year window.

This issuer has not disclosed material acquisition spend or count in the last ten fiscal years.

§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Geographic Expansion
    20%
  • Bolt On
    20%
  • Platform
    20%
  • Technology Acquisition
    20%
  • Vertical Integration
    20%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • geographic_expansion
  • bolt_on
  • platform
  • vertical_integration
  • technology_acquisition
  • horizontal_consolidation
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

Kforce does not currently provide MSP or VMO services directly to our clients; rather, our strategy has been to work with MSPs, VMOs and VMS providers that enable us to better extend our services to current and prospective clients.

10-KFY2025

Managed Service Providers (“MSP”) or Vendor Management Organizations (“VMO”) are utilized by certain of our clients for the management and procurement of our services.

10-KFY2024
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Industrial Services

Market spend (2023–2025)
$65.5B
Market spend (2020–2022)
$39.6B
Recent vs prior
+65%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

16.0×EV / EBITDA

KFRC trades at a +4.6-turn premium to the Industrial Services peer median of 11.4×.

EV / Revenue
0.7×
Net debt / EBITDA
1.8×
Peer median EV / EBITDA
11.4×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
Kforce IncKFRC
16.0×0.7×1.8×$1.3BN/A
15.1×1.0×-0.4×$24.2B$444M
13.1×5.8×1.1×$6.3B$3.2B
11.4×0.9×7.8×$2.5B$3.9B
11.3×4.5×0.2×$16.4B$931M
8.7×3.0×0.8×$1.7B$1.3B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Industrial Services. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Buyer landscape.

Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.

Likely buyers

No public buyers surface as a strong target-side fit on current signal.

Likely sellers / divestiture partners

No reciprocal divestiture / strategic-alternatives matches identified.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)312026-02-20
  • 10-Q (quarterly)942026-04-29
  • 8-K (event)2782026-04-27
  • Proxy / DEF 14A332026-03-13
  • Activism (13D / DFAN / PREC)102012-01-04

Signals on file

  • elevated

    Activism on file

    2012-01-04

    10 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.

Kforce Inc: Issuer Brief | SE-Cluster