Kelly Services Debt-to-EBITDA Ratio Growth & History (KELYA)
Kelly Services's debt-to-ebitda ratio was 12.06 for fiscal 2024.
View full Kelly Services company overviewKelly Services annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-29 | 12.06 | 10.92 | +964.71% |
| 2023 | 2023-12-31 | 1.13 | −0.35 | −23.67% |
| 2022 | 2023-01-01 | 1.48 | 0.44 | +41.83% |
| 2021 | 2022-01-02 | 1.05 | — | — |
| 2019 | 2019-12-29 | 0.61 | 0.59 | +3028.23% |
| 2018 | 2018-12-30 | 0.02 | −0.08 | −79.87% |
| 2017 | 2017-12-31 | 0.10 | 0.10 | — |
| 2016 | 2017-01-01 | 0.00 | −0.62 | — |
| 2015 | 2016-01-03 | 0.62 | −1.48 | −70.41% |
| 2014 | 2014-12-28 | 2.11 | 1.72 | +448.92% |
| 2013 | 2013-12-29 | 0.38 | −0.29 | −43.33% |
| 2012 | 2012-12-30 | 0.68 | −0.40 | −37.31% |
| 2011 | 2012-01-01 | 1.08 | 0.00 | +0.13% |
| 2010 | 2011-01-02 | 1.08 | — | — |
Kelly Services quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2025 | 2025-06-29 | 5.82 | 2.45 | +72.47% |
| Q1 2025 | 2025-03-30 | 21.99 | 21.31 | +3124.58% |
| Q4 2024 | 2024-12-29 | 12.06 | 10.92 | +964.71% |
| Q3 2024 | 2024-09-29 | 3.40 | 2.24 | +193.80% |
| Q2 2024 | 2024-06-30 | 3.38 | 1.45 | +75.63% |
| Q1 2024 | 2024-03-31 | 0.68 | −1.18 | −63.33% |
| Q4 2023 | 2023-12-31 | 1.13 | −0.35 | −23.67% |
| Q3 2023 | 2023-10-01 | 1.16 | −0.05 | −4.24% |
| Q2 2023 | 2023-07-02 | 1.92 | 1.09 | +130.90% |
| Q1 2023 | 2023-04-02 | 1.86 | 1.05 | +130.13% |
| Q4 2022 | 2023-01-01 | 1.48 | 0.44 | +41.83% |
| Q3 2022 | 2022-10-02 | 1.21 | 0.05 | +4.01% |
| Q2 2022 | 2022-07-03 | 0.83 | −0.67 | −44.67% |
| Q1 2022 | 2022-04-03 | 0.81 | −0.78 | −48.98% |
| Q4 2021 | 2022-01-02 | 1.05 | — | — |
| Q3 2021 | 2021-10-03 | 1.16 | — | — |
| Q2 2021 | 2021-07-04 | 1.50 | — | — |
| Q1 2021 | 2021-04-04 | 1.58 | — | — |
| Q4 2019 | 2019-12-29 | 0.61 | 0.59 | +3028.23% |
| Q3 2019 | 2019-09-29 | 0.64 | 0.57 | +759.81% |
| Q2 2019 | 2019-06-30 | 0.67 | 0.65 | +3985.96% |
| Q1 2019 | 2019-03-31 | 1.22 | 0.89 | +274.68% |
| Q4 2018 | 2018-12-30 | 0.02 | −0.08 | −79.87% |
| Q3 2018 | 2018-09-30 | 0.07 | −0.17 | −69.83% |
| Q2 2018 | 2018-07-01 | 0.02 | 0.01 | +124.88% |
| Q1 2018 | 2018-04-01 | 0.33 | 0.33 | — |
| Q4 2017 | 2017-12-31 | 0.10 | 0.10 | — |
| Q3 2017 | 2017-10-01 | 0.25 | 0.15 | +160.76% |
| Q2 2017 | 2017-07-02 | 0.01 | −0.29 | −97.57% |
| Q1 2017 | 2017-04-02 | 0.00 | −0.43 | — |
| Q4 2016 | 2017-01-01 | 0.00 | −0.62 | — |
| Q3 2016 | 2016-10-02 | 0.09 | −1.09 | −91.97% |
| Q2 2016 | 2016-07-03 | 0.30 | −1.33 | −81.63% |
| Q1 2016 | 2016-04-03 | 0.43 | −1.20 | −73.63% |
| Q4 2015 | 2016-01-03 | 0.62 | −1.48 | −70.41% |
| Q3 2015 | 2015-09-27 | 1.18 | −0.59 | −33.16% |
| Q2 2015 | 2015-06-28 | 1.63 | 0.20 | +14.09% |
| Q1 2015 | 2015-03-29 | 1.63 | 0.87 | +116.17% |
| Q4 2014 | 2014-12-28 | 2.11 | 1.72 | +448.92% |
| Q3 2014 | 2014-09-28 | 1.77 | 0.99 | +127.11% |
| Q2 2014 | 2014-06-29 | 1.43 | 0.37 | +34.68% |
| Q1 2014 | 2014-03-30 | 0.75 | 0.17 | +29.68% |
| Q4 2013 | 2013-12-29 | 0.38 | −0.29 | −43.33% |
| Q3 2013 | 2013-09-29 | 0.78 | −0.06 | −7.22% |
| Q2 2013 | 2013-06-30 | 1.06 | 0.17 | +19.76% |
| Q1 2013 | 2013-03-31 | 0.58 | −0.37 | −39.03% |
| Q4 2012 | 2012-12-30 | 0.68 | −0.40 | −37.31% |
| Q3 2012 | 2012-09-30 | 0.84 | — | — |
| Q2 2012 | 2012-07-01 | 0.89 | — | — |
| Q1 2012 | 2012-04-01 | 0.95 | — | — |
| Q4 2011 | 2012-01-01 | 1.08 | — | — |
Kelly Services debt-to-ebitda ratio trends
Over the last five fiscal years, Kelly Services's debt-to-ebitda ratio increased from 0.61 to 12.06, a change of 11.45. The latest reported quarter, Q2 2025, shows 5.82.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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