Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. HR Services Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies41
  • 7D1.4%
  • 3M-21.0%
  • 1Y-32.2%
  • YTDn/a

Over the last 7 days, the HR Services industry has risen 1.4%, driven by gains from Automatic Data Processing of 1.4%. However, the industry is down 32% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026US$148.4bUS$80.5bUS$4.1b18x36.6x1.8x
Tue, 03 Mar 2026US$154.8bUS$80.3bUS$4.0b19.7x38.9x1.9x
Thu, 29 Jan 2026US$196.2bUS$86.8bUS$5.1b21.1x38.5x2.3x
Sat, 27 Dec 2025US$205.2bUS$86.5bUS$5.0b20.7x41.1x2.4x
Mon, 24 Nov 2025US$201.9bUS$87.4bUS$5.0b19.6x40.1x2.3x
Wed, 22 Oct 2025US$225.4bUS$86.7bUS$6.3b28.1x35.8x2.6x
Fri, 19 Sep 2025US$234.5bUS$86.4bUS$6.3b28.7x37x2.7x
Sun, 17 Aug 2025US$238.4bUS$86.8bUS$6.2b29.4x38.7x2.7x
Tue, 15 Jul 2025US$230.9bUS$79.8bUS$6.7b25.2x34.4x2.9x
Thu, 12 Jun 2025US$243.8bUS$79.7bUS$6.8b31.7x35.8x3.1x
Sat, 10 May 2025US$238.7bUS$79.7bUS$6.9b27.3x34.8x3x
Mon, 07 Apr 2025US$226.4bUS$80.1bUS$6.7b25.8x33.7x2.8x
Wed, 05 Mar 2025US$250.3bUS$80.0bUS$6.7b23.1x37.3x3.1x
Fri, 31 Jan 2025US$250.0bUS$85.8bUS$6.8b24.6x36.5x2.9x
Sun, 29 Dec 2024US$245.3bUS$85.7bUS$6.7b24.6x36.7x2.9x
Tue, 26 Nov 2024US$254.3bUS$85.7bUS$6.6b27.9x38.5x3x
Thu, 24 Oct 2024US$233.6bUS$81.1bUS$6.2b26.9x37.8x2.9x
Sat, 21 Sep 2024US$225.7bUS$81.4bUS$6.2b25.5x36.4x2.8x
Mon, 19 Aug 2024US$213.3bUS$81.4bUS$6.2b23.4x34.4x2.6x
Wed, 17 Jul 2024US$208.8bUS$86.6bUS$6.6b22.4x31.8x2.4x
Fri, 14 Jun 2024US$208.9bUS$87.3bUS$6.5b21.6x32.1x2.4x
Sun, 12 May 2024US$216.8bUS$87.6bUS$6.5b24.1x33.5x2.5x
Tue, 09 Apr 2024US$219.2bUS$87.5bUS$6.4b23.9x34.5x2.5x
Thu, 07 Mar 2024US$217.7bUS$87.4bUS$6.3b26.7x34.5x2.5x
Sat, 03 Feb 2024US$222.7bUS$87.1bUS$6.3b26.9x35.4x2.6x
Mon, 01 Jan 2024US$217.1bUS$87.3bUS$6.4b26.3x34.1x2.5x
Wed, 29 Nov 2023US$209.8bUS$87.2bUS$5.9b24.5x35.8x2.4x
Fri, 27 Oct 2023US$204.2bUS$86.9bUS$5.8b19.7x34.9x2.3x
Sun, 24 Sep 2023US$220.7bUS$92.0bUS$6.3b19.7x35.3x2.4x
Tue, 22 Aug 2023US$233.2bUS$92.0bUS$6.2b20.6x37.7x2.5x
Thu, 20 Jul 2023US$240.9bUS$91.8bUS$6.3b17.2x38.2x2.6x
Sat, 17 Jun 2023US$220.8bUS$91.8bUS$6.3b16.4x35.1x2.4x
Mon, 15 May 2023US$205.4bUS$91.8bUS$6.3b15.2x32.8x2.2x
Wed, 12 Apr 2023US$174.2bUS$87.4bUS$6.0b12.9x28.9x2x
Price to Earnings Ratio

28.9x


Total Market Cap: US$174.2bTotal Earnings: US$6.0bTotal Revenue: US$87.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. HR Services Industry Price to Earnings3Y Average 35.8x202420252026
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 35.8x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.8x.
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 2.7% 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 Market3.46%
Industrials2.97%
Professional Services3.18%
HR Services1.38%
Research and Consulting Services4.91%
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
ADP Automatic Data ProcessingUS$204.011.4%
+US$1.1b		-28.7%PE19.4x
PAYC Paycom SoftwareUS$123.565.6%
+US$345.5m		-37.6%PE14.5x
BZ KanzhunUS$13.523.0%
+US$180.3m		-12.3%PE15.7x
NSP InsperityUS$29.3410.8%
+US$107.5m		-65.3%PS0.2x
KFY Korn FerryUS$63.361.6%
+US$52.4m		1.7%PE12.4x

Latest News

PAYC
US$123.56
Paycom Software
7D
5.6%
1Y
-37.6%
MAN
US$29.35
ManpowerGroup
7D
3.3%
1Y
-43.8%

MAN: AI Hiring Partnership Will Support Future Earnings Power

Analysts now estimate ManpowerGroup's fair value at approximately $49.64, adjusted from the prior estimate of $50.00. This change reflects updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions.
NIXX
US$0.95
Nixxy
7D
-17.4%
1Y
-44.1%
BZ
US$13.52
Kanzhun
7D
3.0%
1Y
-12.3%

BZ: Fair Value View Will Rely On Expanded Buybacks And Margin Outlook

Analysts have cut their price target on Kanzhun from about $21.04 to about $15.90 as they now factor in more moderate revenue growth and a lower future P/E of roughly 21.7x, partly offset by expectations for a higher profit margin of about 33.6%. What's in the News Kanzhun increased its equity buyback authorization by US$150 million to a total of US$400 million and extended the program to August 28, 2027 (company announcement).
ADP
US$204.01
Automatic Data Processing
7D
1.4%
1Y
-28.7%

AI Payroll Demand And International Expansion Will Shape A Steady But Limited Outlook

Catalysts About Automatic Data Processing Automatic Data Processing provides payroll and broader human capital management services and outsourcing solutions to employers of various sizes across multiple countries. What are the underlying business or industry changes driving this perspective?
PCTY
US$106.14
Paylocity Holding
7D
0.7%
1Y
-39.3%

PCTY: Stable Margins And Buybacks Will Drive Long Term Upside

Analysts trimmed the Paylocity Holding fair value estimate by about $1 to $169.43 per share. The change reflects updated price targets across the Street and slightly higher discount rate and future P/E assumptions, while revenue growth and profit margin expectations remain essentially unchanged.
KFY
US$63.36
Korn Ferry
7D
1.6%
1Y
1.7%

KFY: Executive Search Resilience And Buybacks Will Support Future Upside

Narrative Update The average analyst price target for Korn Ferry has been reduced by $7, as reflected in recent cuts to $65 and $75. Analysts attribute this change to lower sector valuation multiples, while also noting a solid quarter, encouraging new business, increased buybacks, and relatively resilient executive search demand.
TNET
US$37.80
TriNet Group
7D
-0.6%
1Y
-48.7%
STRR
US$9.75
Star Equity Holdings
7D
-3.5%
1Y
-2.7%
MHH
US$5.80
Mastech Digital
7D
-1.7%
1Y
-35.4%
RHI
US$25.29
Robert Half
7D
1.8%
1Y
-47.8%

RHI: Cost Actions And Limited AI Risk Will Shape Future Performance

Robert Half's updated analyst price target moves lower to $22, reflecting an $11 reset as analysts factor in a higher discount rate, slightly different revenue expectations, reduced profit margin assumptions, and recent Street research that trims targets after cost actions and revised profitability ramps, even as some highlight relatively limited AI disruption risk. Analyst Commentary Recent research paints a mixed picture, with several firms trimming price targets and flagging execution risks, even as others adjust targets higher.
NSP
US$29.34
Insperity
7D
10.8%
1Y
-65.3%

NSP: HR Partnership And Earnings Outlook Will Support Future Upside Potential

Analysts have nudged their price target for Insperity slightly higher to $56.00, reflecting updated assumptions around the discount rate, revenue growth, profit margins, and future P/E that collectively suggest a modestly improved outlook for the shares. What's in the News Insperity and Workday announced the general availability of Insperity HRScale, combining Insperity's PEO model and HR services with the Workday Human Capital Management suite to offer small and midsized businesses an integrated HR, payroll, and workforce analytics platform (Client Announcements).
BGSF
US$6.34
BGSF
7D
-1.1%
1Y
83.8%
JOB
US$0.23
GEE Group
7D
-8.4%
1Y
15.8%
LGCL
US$1.56
Lucas GC
7D
-1.3%
1Y
-92.0%

Shareholders Should Be Pleased With Lucas GC Limited's (NASDAQ:LGCL) Price

Feb 12
Shareholders Should Be Pleased With Lucas GC Limited's (NASDAQ:LGCL) Price
YOUL
US$0.95
Youlife Group
7D
-5.5%
1Y
n/a