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U.S. HR Services Industry Analysis

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies43
  • 7D-0.1%
  • 3M8.8%
  • 1Y-30.1%
  • YTDn/a

Over the last 7 days, the HR Services industry has dropped 1.4%, driven by a pullback from Automatic Data Processing of 2.5%. Overall the industry is down 30% in 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the U.S. HR Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Jun 2026US$162.7bUS$81.5bUS$4.3b21.4x37.5x2x
Wed, 13 May 2026US$153.3bUS$81.4bUS$4.2b19.7x36.5x1.9x
Fri, 10 Apr 2026US$143.0bUS$80.5bUS$4.1b18x35.2x1.8x
Sun, 08 Mar 2026US$163.4bUS$80.3bUS$4.0b19.7x41.1x2x
Tue, 03 Feb 2026US$193.6bUS$87.0bUS$5.1b22.8x38.1x2.2x
Thu, 01 Jan 2026US$205.1bUS$86.5bUS$5.0b20.9x41x2.4x
Sat, 29 Nov 2025US$204.2bUS$87.4bUS$5.0b19.5x40.5x2.3x
Mon, 27 Oct 2025US$223.7bUS$86.6bUS$6.3b27.8x35.7x2.6x
Wed, 24 Sep 2025US$235.9bUS$86.4bUS$6.3b28.4x37.2x2.7x
Fri, 22 Aug 2025US$245.4bUS$86.9bUS$6.2b29.8x39.6x2.8x
Sun, 20 Jul 2025US$232.2bUS$79.8bUS$6.6b30.9x35.2x2.9x
Tue, 17 Jun 2025US$237.2bUS$79.7bUS$6.8b31.3x34.9x3x
Thu, 15 May 2025US$241.6bUS$79.7bUS$6.9b28.4x35.3x3x
Sat, 12 Apr 2025US$231.1bUS$80.1bUS$6.7b26.3x34.4x2.9x
Mon, 10 Mar 2025US$244.0bUS$80.0bUS$6.7b22.8x36.4x3x
Wed, 05 Feb 2025US$251.7bUS$85.7bUS$6.8b24.3x36.8x2.9x
Fri, 03 Jan 2025US$243.2bUS$85.7bUS$6.7b23.6x36.4x2.8x
Sun, 01 Dec 2024US$256.4bUS$85.7bUS$6.6b27.6x38.9x3x
Tue, 29 Oct 2024US$235.4bUS$86.1bUS$6.4b27.3x36.6x2.7x
Thu, 26 Sep 2024US$225.2bUS$81.4bUS$6.2b25x36.3x2.8x
Sat, 24 Aug 2024US$216.6bUS$81.4bUS$6.2b23.8x35x2.7x
Mon, 22 Jul 2024US$211.5bUS$86.3bUS$6.6b22.1x32.3x2.5x
Wed, 19 Jun 2024US$209.3bUS$87.3bUS$6.5b20.6x32.1x2.4x
Fri, 17 May 2024US$218.8bUS$87.6bUS$6.5b24.2x33.8x2.5x
Sun, 14 Apr 2024US$220.1bUS$87.5bUS$6.4b23.2x34.6x2.5x
Tue, 12 Mar 2024US$220.2bUS$87.4bUS$6.3b24.5x34.7x2.5x
Thu, 08 Feb 2024US$224.1bUS$87.1bUS$6.3b27x35.5x2.6x
Sat, 06 Jan 2024US$213.5bUS$87.3bUS$6.4b26x33.5x2.4x
Mon, 04 Dec 2023US$216.1bUS$87.2bUS$5.9b24.9x36.9x2.5x
Wed, 01 Nov 2023US$204.1bUS$87.0bUS$5.8b21.2x34.9x2.3x
Fri, 29 Sep 2023US$225.0bUS$92.1bUS$6.3b19.8x35.7x2.4x
Sun, 27 Aug 2023US$236.0bUS$92.0bUS$6.2b20.6x38.1x2.6x
Tue, 25 Jul 2023US$239.2bUS$91.6bUS$6.2b17.1x38.3x2.6x
Thu, 22 Jun 2023US$219.0bUS$91.8bUS$6.3b16.4x34.8x2.4x
Price to Earnings Ratio

34.8x


Total Market Cap: US$219.0bTotal Earnings: US$6.3bTotal Revenue: US$91.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. HR Services Industry Price to Earnings3Y Average 36.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Human Resource and Employment Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 36.1x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Human Resource and Employment Services industry have declined 12% per year over the last three years,
  • Revenues have also declined 3.9% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. HR Services compare with similar industries?

US Market0.50%
Industrials1.35%
Professional Services-0.53%
HR Services-0.14%
Research and Consulting Services-0.69%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PAYX PaychexUS$100.631.7%
+US$612.7m		-34.5%PE22x
RHI Robert HalfUS$32.495.0%
+US$154.8m		-24.8%PE25.2x
FA First AdvantageUS$16.494.6%
+US$125.2m		-7.7%PE331.3x
MAN ManpowerGroupUS$34.004.8%
+US$73.0m		-17.2%PS0.09x
NSP InsperityUS$36.605.4%
+US$71.8m		-39.4%PS0.2x

Latest News

NSP
US$36.60
Insperity
7D
5.4%
1Y
-39.4%
KFRC
US$50.00
Kforce
7D
4.4%
1Y
24.1%
Narrative Update • Jun 13

KFRC: Updated Earnings Assumptions And Buybacks Will Shape Balanced Return Outlook

Analysts have adjusted their price target on Kforce to $47.00, citing updated views on discount rates, revenue growth, profit margins, and future P/E assumptions based on recent research highlighting the company. Analyst Commentary Bullish analysts are reacting to the latest research by adjusting their price targets and ratings on Kforce, and the recently cited US$47.00 target reflects that shift in sentiment.
PCTY
US$108.84
Paylocity Holding
7D
-2.9%
1Y
-39.2%
BZ
US$13.70
Kanzhun
7D
0.5%
1Y
-25.4%
SKIL
US$6.04
Skillsoft
7D
-12.8%
1Y
-66.4%
FVRR
US$9.96
Fiverr International
7D
-2.8%
1Y
-66.7%
MAN
US$34.00
ManpowerGroup
7D
4.8%
1Y
-17.2%
PAYC
US$134.52
Paycom Software
7D
-0.9%
1Y
-45.4%
UPWK
US$8.49
Upwork
7D
-4.3%
1Y
-38.2%
PAYX
US$100.63
Paychex
7D
1.7%
1Y
-34.5%
ADP
US$226.21
Automatic Data Processing
7D
-1.3%
1Y
-26.5%
Narrative Update • Jun 06

ADP: Dividend Strength And AI Adoption Will Support Repriced Earnings Potential

Analysts have nudged the Automatic Data Processing fair value estimate slightly lower to about $246.33, reflecting updated assumptions for discount rate, revenue growth, margins, and a lower future P/E multiple after a recent mix of reduced price targets and at least one rating upgrade. This frames the current risk/reward as more balanced.
LGCL
US$1.80
Lucas GC
7D
-9.5%
1Y
-92.7%
KFY
US$73.22
Korn Ferry
7D
0.8%
1Y
8.3%
Narrative Update • Jun 05

KFY: Executive Search Stability And Capital Returns Will Support Balanced Outlook

Analysts have made a modest adjustment to Korn Ferry's projected value, keeping the price target effectively flat near $75. Recent research cites steady execution, resilient executive search demand, and supportive share buybacks as key considerations.
FA
US$16.49
First Advantage
7D
4.6%
1Y
-7.7%
Narrative Update • Jun 05

FA: Cash Returns And 2026 Guidance Will Drive Future Earnings Repricing

Analysts have raised their price target on First Advantage from $15.00 to approximately $18.14, citing updated views on fair value, discount rate, revenue growth, profit margins, and future P/E assumptions. What's in the News First Advantage reported Q1 2026 revenue of $385.2 million, an 8.6% year over year increase, and non GAAP EPS of $0.26, which was 25.2% above analyst consensus, according to recent earnings coverage.
RHI
US$32.49
Robert Half
7D
5.0%
1Y
-24.8%
Narrative Update • Jun 02

RHI: Limited AI Disruption And Earnings Resilience Will Support Future Share Recovery

Analysts have adjusted their price targets for Robert Half to $25 from $36, pointing to updated assumptions around discount rate, revenue growth, profit margin and future P/E, and citing views on the company's "low-to-no AI disruption exposure" relative to information services peers. Analyst Commentary Bullish analysts have highlighted that Robert Half's limited AI disruption risk, compared with some information services peers, could support a more resilient earnings profile and help justify current valuation assumptions around future P/E.
ASUR
US$8.79
Asure Software
7D
-2.2%
1Y
-9.9%