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Side-by-side financial comparison of KELLY SERVICES INC (KELYA) and PPL Corporation (PPL). Click either name above to swap in a different company.

PPL Corporation is the larger business by last-quarter revenue ($2.3B vs $1.2B, roughly 2.0× KELLY SERVICES INC). On growth, PPL Corporation posted the faster year-over-year revenue change (7.2% vs -3.3%). KELLY SERVICES INC produced more free cash flow last quarter ($13.0M vs $-614.0M). Over the past eight quarters, PPL Corporation's revenue compounded faster (1.0% CAGR vs -3.1%).

Kelly Services, Inc. is an American multinational office staffing company. The company places employees at all levels in various sectors including financial services, information technology, and law. Also, its professional services include human resource and management consulting, outsourcing, recruitment, career transition, and vendor management. Kelly Services was founded by William Russell Kelly in 1946 and is headquartered in Troy, Michigan.

PPL Corporation is a leading US-based energy utility holding company headquartered in Allentown, Pennsylvania. It delivers electricity and natural gas to approximately 3.5 million residential, commercial and industrial customers across Pennsylvania, Kentucky and Rhode Island, with core focuses on grid modernization, affordable clean energy transition, and reliable sustainable energy services for local communities.

KELYA vs PPL — Head-to-Head

Bigger by revenue
PPL
PPL
2.0× larger
PPL
$2.3B
$1.2B
KELYA
Growing faster (revenue YoY)
PPL
PPL
+10.6% gap
PPL
7.2%
-3.3%
KELYA
More free cash flow
KELYA
KELYA
$627.0M more FCF
KELYA
$13.0M
$-614.0M
PPL
Faster 2-yr revenue CAGR
PPL
PPL
Annualised
PPL
1.0%
-3.1%
KELYA

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
KELYA
KELYA
PPL
PPL
Revenue
$1.2B
$2.3B
Net Profit
$266.0M
Gross Margin
20.3%
Operating Margin
-4.8%
20.3%
Net Margin
11.3%
Revenue YoY
-3.3%
7.2%
Net Profit YoY
50.3%
EPS (diluted)
$-0.86
$0.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KELYA
KELYA
PPL
PPL
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.0B
Q1 25
$2.5B
Q4 24
$1.2B
$2.2B
Q3 24
$1.0B
$2.1B
Q2 24
$1.1B
$1.9B
Q1 24
$1.0B
$2.3B
Net Profit
KELYA
KELYA
PPL
PPL
Q4 25
$266.0M
Q3 25
$318.0M
Q2 25
$183.0M
Q1 25
$414.0M
Q4 24
$177.0M
Q3 24
$800.0K
$214.0M
Q2 24
$4.6M
$190.0M
Q1 24
$25.8M
$307.0M
Gross Margin
KELYA
KELYA
PPL
PPL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
20.3%
Q3 24
21.4%
Q2 24
20.2%
Q1 24
19.7%
Operating Margin
KELYA
KELYA
PPL
PPL
Q4 25
20.3%
Q3 25
25.4%
Q2 25
19.9%
Q1 25
26.6%
Q4 24
-4.8%
17.2%
Q3 24
0.3%
20.6%
Q2 24
1.2%
20.8%
Q1 24
2.6%
23.7%
Net Margin
KELYA
KELYA
PPL
PPL
Q4 25
11.3%
Q3 25
14.2%
Q2 25
9.0%
Q1 25
16.3%
Q4 24
8.1%
Q3 24
0.1%
10.3%
Q2 24
0.4%
10.1%
Q1 24
2.5%
13.3%
EPS (diluted)
KELYA
KELYA
PPL
PPL
Q4 25
$0.35
Q3 25
$0.43
Q2 25
$0.25
Q1 25
$0.56
Q4 24
$-0.86
$0.23
Q3 24
$0.02
$0.29
Q2 24
$0.12
$0.26
Q1 24
$0.70
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KELYA
KELYA
PPL
PPL
Cash + ST InvestmentsLiquidity on hand
$39.0M
$1.1B
Total DebtLower is stronger
$239.4M
$18.9B
Stockholders' EquityBook value
$1.2B
$14.9B
Total Assets
$2.6B
$45.2B
Debt / EquityLower = less leverage
0.19×
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KELYA
KELYA
PPL
PPL
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$294.0M
Q1 25
$312.0M
Q4 24
$39.0M
$306.0M
Q3 24
$32.8M
$542.0M
Q2 24
$38.2M
$282.0M
Q1 24
$200.7M
$276.0M
Total Debt
KELYA
KELYA
PPL
PPL
Q4 25
$18.9B
Q3 25
Q2 25
Q1 25
Q4 24
$239.4M
$16.5B
Q3 24
$228.2M
Q2 24
$210.4M
Q1 24
Stockholders' Equity
KELYA
KELYA
PPL
PPL
Q4 25
$14.9B
Q3 25
$14.4B
Q2 25
$14.3B
Q1 25
$14.3B
Q4 24
$1.2B
$14.1B
Q3 24
$1.3B
$14.1B
Q2 24
$1.3B
$14.1B
Q1 24
$1.3B
$14.1B
Total Assets
KELYA
KELYA
PPL
PPL
Q4 25
$45.2B
Q3 25
$43.9B
Q2 25
$42.4B
Q1 25
$41.8B
Q4 24
$2.6B
$41.1B
Q3 24
$2.7B
$40.5B
Q2 24
$2.6B
$39.8B
Q1 24
$2.4B
$39.6B
Debt / Equity
KELYA
KELYA
PPL
PPL
Q4 25
1.27×
Q3 25
Q2 25
Q1 25
Q4 24
0.19×
1.17×
Q3 24
0.18×
Q2 24
0.16×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KELYA
KELYA
PPL
PPL
Operating Cash FlowLast quarter
$15.0M
$548.0M
Free Cash FlowOCF − Capex
$13.0M
$-614.0M
FCF MarginFCF / Revenue
1.1%
-26.1%
Capex IntensityCapex / Revenue
0.2%
49.5%
Cash ConversionOCF / Net Profit
2.06×
TTM Free Cash FlowTrailing 4 quarters
$15.8M
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KELYA
KELYA
PPL
PPL
Q4 25
$548.0M
Q3 25
$966.0M
Q2 25
$602.0M
Q1 25
$513.0M
Q4 24
$15.0M
$511.0M
Q3 24
$-20.3M
$781.0M
Q2 24
$57.7M
$766.0M
Q1 24
$-25.5M
$282.0M
Free Cash Flow
KELYA
KELYA
PPL
PPL
Q4 25
$-614.0M
Q3 25
$-179.0M
Q2 25
$-328.0M
Q1 25
$-280.0M
Q4 24
$13.0M
$-349.0M
Q3 24
$-22.7M
$102.0M
Q2 24
$54.7M
$96.0M
Q1 24
$-29.2M
$-314.0M
FCF Margin
KELYA
KELYA
PPL
PPL
Q4 25
-26.1%
Q3 25
-8.0%
Q2 25
-16.1%
Q1 25
-11.0%
Q4 24
1.1%
-15.9%
Q3 24
-2.2%
4.9%
Q2 24
5.2%
5.1%
Q1 24
-2.8%
-13.6%
Capex Intensity
KELYA
KELYA
PPL
PPL
Q4 25
49.5%
Q3 25
51.2%
Q2 25
45.6%
Q1 25
31.2%
Q4 24
0.2%
39.3%
Q3 24
0.2%
32.7%
Q2 24
0.3%
35.8%
Q1 24
0.4%
25.9%
Cash Conversion
KELYA
KELYA
PPL
PPL
Q4 25
2.06×
Q3 25
3.04×
Q2 25
3.29×
Q1 25
1.24×
Q4 24
2.89×
Q3 24
-25.38×
3.65×
Q2 24
12.54×
4.03×
Q1 24
-0.99×
0.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KELYA
KELYA

Science Engineering Technology$295.8M25%
Education$293.1M25%
Staffing Services$237.7M20%
Other$138.8M12%
Talent Solutions$120.5M10%
Outcome Based Services$103.6M9%
Permanent Placement$1.6M0%

PPL
PPL

Rhode Island Regulated$539.0M23%
Other$532.0M23%
Residential$451.0M19%
Nonrelated Party$425.0M18%
Transmission$228.0M10%
Commercial$117.0M5%
Wholesale Other$23.0M1%
Industrial$14.0M1%
Related Party$13.0M1%
Wholesale Municipal$6.0M0%

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