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Everforth Inc (EFOR) stock

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NYSE: EFOR NYSE Human Resource & Employment Services Next results ~February 3, 2027

C+ Fundamentals grade

Everforth Inc is a US-listed company in the human resource & employment services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$86

Cash-flow model

Base case. Range ~$57–$120 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 129% above it.

Price used: $37.50, November 2, 2026

Everforth Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders13 buying, 0 selling17 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds150 adding, 137 cuttingOf 39 active managers that changed their stake, 19 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Everforth files

10-Q filed October 30: Everforth

Model value −10.5%

Revenue for the twelve months to September 2026 was $3.99bn, up 0.0% on a year earlier, against a decline of 1.0% a quarter earlier. Free-cash-flow margin fell to 4.9% from 7.1% a year earlier. The diluted share count is down 5.8% on a year earlier, which lifts each remaining share. Our model value falls from $96.10 to $86.01 a share, against a share price of $38.18. The rating stays Buy. At that price, our model says the market is pricing in cash flow shrinking about 7.2% a year for five years, slower than the -0.1% a year revenue growth it has delivered.

Source: 10-Q filed October 30, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 31: Everforth

Everforth Inc generated $3.99bn in revenue over the twelve months to June 2026, flat against the prior year after a 1.0% decline the quarter before. Free-cash-flow margin, meanwhile, slipped to 4.9% from 7.1% a year earlier. A 5.8% reduction in the diluted share count over the same period works in shareholders' favour, concentrating earnings among fewer shares. Fundamentals have improved slightly, with the grade moving from C to C+. Our model value is largely unchanged at $96.10 a share, still well above the current price of $38.01. Given that gap, the rating remains Buy.

10-Q on SEC EDGAR

Where Everforth stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $3.97bn, down 1.0% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin fell to 5.6% from 8.5% a year earlier. The diluted share count is down 5.1% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 1 of our 7 financial-health checks. Our cash-flow model value is $96.10 a share, against a share price of $41.55. At that price, our model says the market is pricing in cash flow shrinking about 7.5% a year for five years, slower than the -0.2% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 3, 2027 (estimated)

Everforth Inc's trailing-twelve-month revenue grew 0.0% year on year, with a free-cash-flow margin of 4.9%. Where it stands out: change in share count of -5.8% ranks 1 of 20 human resource & employment services companies we cover. Where it lags: long-term debt as % of assets of 34.6% ranks 13 of 14 human resource & employment services companies we cover.

Our discounted-cash-flow model values the business at ~$86 per share in the base case (~$57–$120 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 31.0% while net income fell 48.0%: a 17pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $37.50 is 129% below our value per share of $86.
  • Shrinking share count. Diluted shares fell 5.8% in a year, so each share owns more of the business.

Things to watch

  • Volatile shares. Over the past year the shares showed annualised volatility of 79% and a beta of 0.7 against the S&P 500.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 34.6% ranks 13 of 14 human resource & employment services companies we cover (median 11.3%).
  • Heavily shorted. 10.0% of the shares available to trade are sold short (4.8 days of average volume to cover).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed October 30, 2026
Earnings per share
$1.11 against an average estimate of $1.04: beat by 6.6%
Revenue
$1.03bn, up 2.0% on a year earlier
Share reaction
-6.5% in the first session after the results on October 28, 2026, against 0.0% for the S&P 500
Guidance given
revenues $965m to $995m (fourth quarter of 2026); SG&A expenses $210.9m (fourth quarter of 2026)
Next report
October 28, 2026; average EPS estimate $1.04

Everforth's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.8%
  • 1 week-10.3%
  • 1 month+9.5%
  • This year-22.2%
  • 1 year-16.2%
  • 5 years-69.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$4B
Operating margin
4.6%
Net margin
1.7%
EPS (TTM, diluted)
$1.64

Growth

Revenue growth
+0.0%
Change in growth rate
+1.0 pts
Share count change
−5.8%

Cash

Free cash flow (TTM)
$196M
FCF margin
4.9%
Stock pay % of revenue
1.3%

Earnings

Last results
October 28, 2026
Next results (est.)
February 3, 2027

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Partnership
  2. Results
  3. Guidance
  4. Announcement
  5. Our research
  6. Partnership
  7. Partnership
  8. Partnership
  9. Partnership
  10. Results
  11. Partnership
  12. Announcement
  13. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Everforth Inc valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 7.8% a year for five years.That is slower than the -0.1% a year revenue growth Everforth has delivered.

  • Priced in-7.8%
  • Last 12 months0.0%
  • 3 years a year-4.1%
  • 5 years a year-0.1%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($35.48, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$86
Price used
$35.48close November 3, 2026
Implied change
▲ +142%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Everforth Inc's free cash flow after stock-based pay with after-tax interest added back ($290M, FY2026 Q3 TTM), growing 1.3% and 2.1% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$57–~$120 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Everforth Inc's free cash flow after stock-based pay ( $290M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Everforth Inc as an operating company, with every model that fits that kind of business. Cost of equity 8.5%: the 10-year Treasury yield (4.9%) plus a beta of 0.8 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$86 ~$57–$120 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$62 ~$53–$83 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$53 ~$35–$84 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$55 ~$46–$67 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$69 ~$53–$86 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Everforth Inc with Human Resource & Employment Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −36%
  • Revenue growth 5 points higher ▲ +47%
  • Free-cash-flow margin 1 point lower ▼ −22%
  • Last year's free-cash-flow margin change, if it persists ▼ −33%
  • Discount rate 1 point higher ▼ −20%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $71$108$156$220$302$410
8.5% $47$74$109$154$213$289
10% $33$53$80$115$160$218

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$44.16$64.27$54.50$70.97$83.53$123.40$81.48$96.17$83.34$48.17$37.50
Market value$2.4bn$3.4bn$2.9bn$3.8bn$4.5bn$6.6bn$4.2bn$4.7bn$3.8bn$2.1bn$1.6bn
+ Net debt (− = net cash)$629m$551m$1.1bn$946m$766m$511m$1.0bn$873m$839m$1.0bn$1.3bn
Enterprise value$3.0bn$4.0bn$4.0bn$4.7bn$5.2bn$7.1bn$5.2bn$5.6bn$4.6bn$3.1bn$2.8bn
Multiples
Price / sales 1.0x1.3x0.9x1.1x1.3x1.6x0.9x1.1x0.9x0.5x0.4x
Price / earnings 24.4x21.7x18.4x21.7x22.2x16.1x15.6x21.4x21.7x18.5x22.9x
Price / free cash flow 13.8x19.9x11.2x13.5x11.4x41.5x15.5x11.2x10.4x7.3x8.0x
EV / EBITDA 11.9x14.0x11.2x12.9x14.1x16.1x10.3x12.0x11.6x9.1x9.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

51 /100

Moderate moat

How hard Everforth's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 12 / 20

    Cash operating profit has been a median 9.5% of total assets over 10 years.

  • Pricing power 11 / 20

    Gross margin has been a median 28.9%, moving by 1.0 percentage points (standard deviation) across 9 years.

  • Durability 9 / 20

    Operating margin has been a median 7.8%; its worst year was 4.6%.

  • Cash conversion 14 / 20

    Free cash flow was positive in 9 of 9 years, at a median 8.0% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 22.5% over five years; stock-based pay has been a median 1.0% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (66 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.73 −18% $4.0bn +0%
Next $4.32 +16% $4.1bn +2%

Next year's EPS estimate has moved +0.3% in 90 days, across 7 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +2.6% on 90 days ago. In the last 30 days, 1 analyst raised Everforth Inc's forecast and 0 cut it.

Consensus EPS forecast Everforth Inc, last 90 days
$3.60 $3.80 $4.00 $4.20 $4.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.64 Current fiscal year, 60 days ago: $3.64 Current fiscal year, 30 days ago: $3.64 Current fiscal year, 7 days ago: $3.65 Current fiscal year, Now: $3.73 $3.73 Next fiscal year, 90 days ago: $4.30 Next fiscal year, 60 days ago: $4.30 Next fiscal year, 30 days ago: $4.30 Next fiscal year, 7 days ago: $4.36 Next fiscal year, Now: $4.32 $4.32

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.64$4.30
60 days ago $3.64$4.30
30 days ago $3.64$4.30
7 days ago $3.65$4.36
Now $3.73$4.32

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $1.04 $1.11 +6.6%
Jun 2026 $0.82 $0.91 +11.4%
Mar 2026 $0.99 $0.69 −30.6%
Dec 2025 $1.18 $1.15 −2.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 28, 2026
  • Revenues fourth quarter of 2026 $965m to $995m
    “Revenues $ 965.0 $ 995.0” source
  • Earnings per diluted share fourth quarter of 2026 $0.43 to $0.62
    “Earnings per diluted share $ 0.43 $ 0.62” source
  • Adjusted Net Income per diluted share fourth quarter of 2026 $0.95 to $1.11 Non-GAAP
    “Adjusted Net Income per diluted share (2) $ 0.95 $ 1.11” source
  • Gross margin fourth quarter of 2026 28.4% to 28.7%
    “Gross margin 28.4 % 28.7 %” source
  • SG&A expenses fourth quarter of 2026 $211m to $211m
    “SG&A expenses (1) 210.9 210.9” source
  • Amortization of intangible assets fourth quarter of 2026 $17.3m to $17.3m
    “Amortization of intangible assets 17.3 17.3” source
Show 5 more items
  • Net income fourth quarter of 2026 $17.9m to $25.5m
    “Net income 17.9 25.5” source
  • Effective tax rate fourth quarter of 2026 34% to 34%
    “Effective tax rate 34.0 % 34.0 %” source
  • Adjusted EBITDA fourth quarter of 2026 $93m to $103m Non-GAAP
    “Adjusted EBITDA $ 93.0 $ 103.0” source
  • Adjusted EBITDA margin fourth quarter of 2026 9.6% to 10.4% Non-GAAP
    “Adjusted EBITDA margin 9.6 % 10.4 %” source
  • Adjusted Net Income fourth quarter of 2026 $39.2m to $45.7m Non-GAAP
    “Adjusted Net Income (2) $ 39.2 $ 45.7” source

How earlier guidance turned out

  • Gross margin, third quarter of 2026 guided 28% to 28.5% Within range: 28.272251%
  • Earnings per diluted share, third quarter of 2026 guided $0.36 to $0.56 Within range: $0.56
  • Net income, third quarter of 2026 guided $14.5m to $23m Above range: $23.1m
  • Revenues, third quarter of 2026 guided $994m to $1,024m Above range: $1,031m

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Everforth Inc's revenue by +1.3% next year and +2.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+1.8%, weight 44%) , management guidance (+0.0%, weight 34%) and the company's own record (+2.0%, weight 23%) . How the weights are set.

Analyst recommendations

7 analysts, Oct 2026
Buy229%
Hold457%
Sell114%

Monthly trend

  1. Oct 20262417
  2. Sep 20262417
  3. Aug 20262417

Counts of recommendations published by analysts covering Everforth Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
10.0%
of tradable shares
Days to cover
4.85
at average volume
Short interest, 1 month
−7%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
3.4%
of shares
Employees
2,800
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −16.2%

$44.76 on October 31, 2025 to $37.50

ThenNowEffect
Revenue (last 12 months) $4.0bn $4.0bn −1.0%
Net margin 3.5% 2.1% −40.2%
P/E multiple 14.2x 19.1x +34.3%
Share count 44m 42m +5.3%

Biggest factor: net margin.

Last 3 years −56.1%

$85.50 on November 3, 2023 to $37.50

ThenNowEffect
Revenue (last 12 months) $4.6bn $4.0bn −13.9%
Net margin 5.2% 2.1% −59.6%
P/E multiple 18.0x 19.1x +6.2%
Share count 50m 42m +18.7%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
EFOR+48%−34%+18%−13%−42%−22%
Industry peers (median)+48%−17%+4%−17%−29%+19%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
EFOR75%25%58%33%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
EFOR−15%−40%−34%−21%−57%−68%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 87% from January 4, 2022 to June 25, 2026. Getting back needed a 669% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$17.06 – $53.28
From 52-week high
−29.6%
vs 50-day average
+7.4%
vs 200-day average
+17.2%
Volatility (1 year)
79%
Beta vs S&P 500
0.68

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±11.2%
After a week
4 up, 7 down
typical move ±13.7%
After a month
2 up, 9 down
typical move ±16.7%
Results releasedNext dayS&P 500 next day5 days21 days
October 28, 2026 −6.5% 0.0% — —
July 29, 2026 +18.6% +0.1% +36.1% +36.1%
April 22, 2026 −51.8% +0.6% −43.5% −52.8%
February 4, 2026 +4.5% −1.7% −16.3% −15.5%
January 20, 2026 +4.2% −0.9% +3.4% −9.1%
October 22, 2025 −7.3% +0.1% −7.2% −16.7%
July 23, 2025 +11.9% +0.9% +4.2% +3.4%
April 23, 2025 −10.9% +3.7% −13.2% −6.6%
February 5, 2025 −4.9% +0.8% −11.1% −18.1%
October 23, 2024 +1.3% −0.7% +1.9% −8.8%
July 24, 2024 −10.9% −2.8% −9.0% −10.7%
April 24, 2024 −2.0% −0.4% −5.2% −5.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Everforth Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Options look fairly priced

Implied volatility is within its normal range against realised. Selling options earns the usual premium, nothing extra.

  • Implied is 1.22× the last 60 days’ realised volatility , richer than 59% of the 229 stocks we screen today.
  • Puts and calls are priced at about the same implied volatility.
  • Why: implied is not far enough above realised, or not unusual against our coverage.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Everforth Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Everforth Inc
$3.8B $4B $4.2B $4.4B $4.6B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $4.5B Revenue (TTM), FY24 Q1: $4.4B Revenue (TTM), FY24 Q2: $4.3B Revenue (TTM), FY24 Q3: $4.2B Revenue (TTM), FY24 Q4: $4.1B Revenue (TTM), FY25 Q1: $4B Revenue (TTM), FY25 Q2: $4B Revenue (TTM), FY25 Q3: $4B Revenue (TTM), FY25 Q4: $4B Revenue (TTM), FY26 Q1: $4B Revenue (TTM), FY26 Q2: $4B Revenue (TTM), FY26 Q3: $4B $4B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $4.5B
FY24 Q1 $4.4B
FY24 Q2 $4.3B
FY24 Q3 $4.2B
FY24 Q4 $4.1B
FY25 Q1 $4B
FY25 Q2 $4B
FY25 Q3 $4B
FY25 Q4 $4B
FY26 Q1 $4B
FY26 Q2 $4B
FY26 Q3 $4B
Revenue growth, TTM YoY Everforth Inc
-10% -5% 0% 5% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -2.8% Revenue growth, TTM YoY, FY24 Q1: -5.4% Revenue growth, TTM YoY, FY24 Q2: -7.2% Revenue growth, TTM YoY, FY24 Q3: -7.5% Revenue growth, TTM YoY, FY24 Q4: -7.9% Revenue growth, TTM YoY, FY25 Q1: -8.0% Revenue growth, TTM YoY, FY25 Q2: -6.3% Revenue growth, TTM YoY, FY25 Q3: -4.9% Revenue growth, TTM YoY, FY25 Q4: -2.9% Revenue growth, TTM YoY, FY26 Q1: -1.0% Revenue growth, TTM YoY, FY26 Q2: -1.0% Revenue growth, TTM YoY, FY26 Q3: 0.0% 0.0%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -2.8%
FY24 Q1 -5.4%
FY24 Q2 -7.2%
FY24 Q3 -7.5%
FY24 Q4 -7.9%
FY25 Q1 -8.0%
FY25 Q2 -6.3%
FY25 Q3 -4.9%
FY25 Q4 -2.9%
FY26 Q1 -1.0%
FY26 Q2 -1.0%
FY26 Q3 0.0%
Operating margin (TTM) Everforth Inc
4% 5% 6% 7% 8% 9% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 8.2% Operating margin (TTM), FY24 Q1: 8.0% Operating margin (TTM), FY24 Q2: 7.8% Operating margin (TTM), FY24 Q3: 7.5% Operating margin (TTM), FY24 Q4: 7.4% Operating margin (TTM), FY25 Q1: 7.0% Operating margin (TTM), FY25 Q2: 6.5% Operating margin (TTM), FY25 Q3: 6.2% Operating margin (TTM), FY25 Q4: 5.8% Operating margin (TTM), FY26 Q1: 5.3% Operating margin (TTM), FY26 Q2: 4.9% Operating margin (TTM), FY26 Q3: 4.6% 4.6%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 8.2%
FY24 Q1 8.0%
FY24 Q2 7.8%
FY24 Q3 7.5%
FY24 Q4 7.4%
FY25 Q1 7.0%
FY25 Q2 6.5%
FY25 Q3 6.2%
FY25 Q4 5.8%
FY26 Q1 5.3%
FY26 Q2 4.9%
FY26 Q3 4.6%
FCF margin (TTM) Everforth Inc
4% 6% 8% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 9.4% FCF margin (TTM), FY24 Q1: 9.4% FCF margin (TTM), FY24 Q2: 9.2% FCF margin (TTM), FY24 Q3: 9.2% FCF margin (TTM), FY24 Q4: 8.9% FCF margin (TTM), FY25 Q1: 7.7% FCF margin (TTM), FY25 Q2: 8.5% FCF margin (TTM), FY25 Q3: 7.1% FCF margin (TTM), FY25 Q4: 7.2% FCF margin (TTM), FY26 Q1: 7.3% FCF margin (TTM), FY26 Q2: 5.6% FCF margin (TTM), FY26 Q3: 4.9% 4.9%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 9.4%
FY24 Q1 9.4%
FY24 Q2 9.2%
FY24 Q3 9.2%
FY24 Q4 8.9%
FY25 Q1 7.7%
FY25 Q2 8.5%
FY25 Q3 7.1%
FY25 Q4 7.2%
FY26 Q1 7.3%
FY26 Q2 5.6%
FY26 Q3 4.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Everforth took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $4B
  2. Cost of revenue $2.8B · 71.1%
  3. Gross profit $1.1B · 28.9%
  4. Selling, general and admin $854M · 21.5%
  5. Other operating costs $64.8M · 1.6%
  6. Operating income $230M · 5.8%
  7. Income tax $49.1M · 1.2%
  8. Interest and other $67.7M · 1.7%
  9. Net income $114M · 2.9%

Shares of revenue. Source: Everforth's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 2,440 2,626 3,400 3,416 3,502 4,010 4,581 4,451 4,100 3,980 3,987
Gross profit 795 850 1,024 972 947 1,142 1,370 1,280 1,184 1,149 1,126
EBITDA 252 283 355 367 371 441 501 464 401 344 300
Operating income 190 225 260 276 281 351 410 364 304 230 182
Net income 97 158 158 175 200 410 268 219 175 114 68
Diluted EPS $1.81 $2.97 $2.98 $3.28 $3.76 $7.66 $5.23 $4.50 $3.83 $2.60 $1.64
Growth (year on year)
Revenue — +7.6% +29.5% +0.5% +2.5% +14.5% +14.3% −2.8% −7.9% −2.9% +0.0%
EBITDA — +12.4% +25.4% +3.4% +1.0% +18.8% +13.7% −7.3% −13.7% −14.2% −15.8%
Operating income — +18.4% +15.8% +6.1% +1.8% +24.8% +16.7% −11.1% −16.4% −24.3% −26.9%
Net income — +62.2% 0.0% +10.8% +14.7% +104.6% −34.6% −18.2% −20.1% −35.2% −48.0%
Diluted EPS — +64.1% +0.3% +10.1% +14.6% +103.7% −31.7% −14.0% −14.9% −32.1% −44.7%
Margins
Gross margin 32.6% 32.4% 30.1% 28.4% 27.0% 28.5% 29.9% 28.8% 28.9% 28.9% 28.3%
EBITDA margin 10.3% 10.8% 10.4% 10.8% 10.6% 11.0% 10.9% 10.4% 9.8% 8.6% 7.5%
Operating margin 7.8% 8.6% 7.7% 8.1% 8.0% 8.8% 8.9% 8.2% 7.4% 5.8% 4.6%
Net margin 4.0% 6.0% 4.6% 5.1% 5.7% 10.2% 5.9% 4.9% 4.3% 2.9% 1.7%
Free-cash-flow margin 7.1% 6.6% 7.6% 8.2% 11.2% 4.0% 5.9% 9.4% 8.9% 7.2% 4.9%
Cash flow
Cash from operations 199 196 287 313 425 194 308 457 400 328 232
Capital spending 27 24 29 33 33 35 38 40 35 40 36
Free cash flow 172 172 259 281 392 159 270 417 365 288 196
Stock-based pay 27 24 32 39 32 53 49 44 42 48 53
Free cash flow after stock pay 145 148 227 241 360 106 221 373 322 240 142
Balance sheet
Cash 27 37 42 95 274 530 70 176 205 161 148
Total debt 656 588 1,124 1,041 1,041 1,041 1,072 1,049 1,044 1,183 1,399
Net debt (negative = net cash) 629 551 1,082 946 766 511 1,002 873 839 1,021 1,252
Diluted shares 54m 53m 53m 53m 53m 54m 51m 49m 46m 44m 42m
Returned to shareholders
Buybacks 41 60 0 20 28 181 281 273 327 170 115
Total returned 41 60 0 20 28 181 281 273 327 170 115

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 7 checks passed · September 30, 2026
What it owns · $4.0bn
Short-term assets $996mLonger-term assets $3.0bn
What it owes, and who funded it · $4.0bn
Short-term liabilities $467mLonger-term liabilities $1.7bnShareholders' equity $1.8bn
  • Short-term assets cover short-term liabilities $996m of assets due within a year against $467m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $996m short-term assets against $1.7bn of longer-dated liabilities.
  • More cash than debt $148m of cash against $1.4bn of debt.
  • Debt below 40% of shareholders' equity Debt is 75% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 55% to 75% over five years.
  • A year's operating cash flow covers at least 20% of debt $232m of operating cash flow against $1.4bn of debt.
  • Operating profit covers interest at least five times over Operating income of $182m against $74m of interest.

From Everforth Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$115M
Returned to shareholders
59%
of free cash flow
Buybacks, last 3 fiscal years
$770M
Diluted share count
−5.8%
year over year
Total shareholder yield
7.4%
dividends 0.0% + buybacks 7.4% of market value
Sales & admin spending
22.0%
of revenue
Days sales outstanding
72 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in human resource & employment services
Last 12 months unless stated EFOR KELYA TNET RHI KFY PAYX Median
Revenue, last 12 months $4.0bn $4.1bn $4.8bn $5.3bn $3.0bn $6.6bn $1.7bn
Revenue growth, last 12 months 0.0% −9.6% −4.2% −2.9% 6.9% 14.0% 5.6%
Revenue growth, 3-year average −4.1% −6.0% −0.7% −7.3% 1.4% 9.1% −0.5%
Revenue growth, latest quarter 2.0% −5.8% −4.6% 0.4% 6.9% 5.9% 5.2%
Gross margin 28.3% 19.7% — 37.3% — 74.4% 28.0%
Operating margin 4.6% −2.3% 6.8% 1.4% 12.9% 39.2% 1.0%
Operating margin, 3-year average 6.1% −0.6% 8.9% 2.3% 11.3% 39.5% 2.3%
Net margin 1.7% −6.7% 3.6% 2.3% 9.4% 27.4% 1.5%
Cash from operations / revenue 5.8% 0.7% 7.8% 4.6% 13.5% 34.1% 1.9%
Free-cash-flow margin 4.9% 0.5% 5.9% 3.9% 10.7% 30.5% 1.2%
Free-cash-flow margin, 3-year average 7.1% 1.5% 8.2% 4.6% 10.3% 30.9% 2.4%
Stock pay / revenue 1.3% 0.3% 1.4% — 1.6% 1.3% 1.3%
Change in share count −5.8% −1.9% −2.1% −0.7% −0.8% −0.9% −0.1%

Median of all 21 companies we cover in human resource & employment services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

21 human resource & employment services companies
Measure Company Peer median Rank
Revenue growth Growth 0.0% 5.6% 15 of 21
Change in growth rate Growth +1.0pp +0.5pp 9 of 20
Gross margin Profitability 28.3% 27.8% 8 of 17
Operating margin Profitability 4.6% 0.6% 5 of 19
Net margin Profitability 1.7% 1.5% 10 of 21
Free-cash-flow margin Cash generation 4.9% 1.2% 7 of 21
Stock pay as % of revenue Cash generation 1.3% 1.3% 11 of 20
Long-term debt as % of assets Balance sheet 34.6% 11.3% 13 of 14
Change in share count Balance sheet -5.8% -0.1% 1 of 20
Days sales outstanding Balance sheet 72 days 68 days 12 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Commercial Business $2.8B 70.1% ▼ 2.7%
Federal Government Business $1.2B 29.9% ▼ 3.3%

From Everforth Inc's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$774M
Institutions reporting
247
Shares held vs prior quarter
▲ 0.2%
Positions opened / closed
75 / 74

Top buyers and sellers, Q2 2026: 150 institutions bought and 137 sold ; the biggest buyer was D. E. Shaw & Co., Inc (+1.3M shares) and the biggest seller Reinhart Partners, Llc (−1.7M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $133M 7.5M 17.2% ▲ 11.9%
Vanguard Portfolio Management LLC $58.8M 3.3M 7.6% ▲ 0.2%
AQR Capital Management LLC $37.8M 2.1M 4.9% ▼ 16.4%
D. E. Shaw & Co., Inc. $34.4M 1.9M 4.4% ▲ 232.8%
State Street Corp $33M 1.8M 4.3% ▲ 5.9%
Vanguard Capital Management LLC $31.6M 1.8M 4.1% ▲ 0.8%
Dimensional Fund Advisors LP $29.1M 1.6M 3.8% ▼ 14.2%
Geode Capital Management, LLC $24.5M 1.4M 3.2% ▲ 0.2%
Pathstone Holdings, LLC $22.9M 1.3M 3.0% ▲ 6.5%
Goldman Sachs Group Inc $20.5M 1.1M 2.6% ▲ 28.5%
BAMCO Inc $16.3M 911K 2.1% ▼ 14.1%
Ameriprise Financial Inc $16M 897K 2.1% ▲ 64.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Everforth Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $1.9M 17 trades by 13 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $1.9M net buying
Insider Date Trade Shares Price Value
Dyer Joseph Wendell Director April 29, 2026 Buy 1,112 $22.47 $24,987
Iyer Sadasivam President April 28, 2026 Buy 1,110 $22.67 $25,164
Cunningham Rose Chief Accounting Officer April 28, 2026 Buy 1,125 $22.27 $25,054
Callaghan Brian J. Director April 27, 2026 Buy 5,121 $20.27 $103,803
Lindstrom Carol Director April 27, 2026 Buy 240 $20.15 $4,836
Lindstrom Carol Director April 27, 2026 Buy 7 $20.16 $141
Obermaier Patricia L Director April 27, 2026 Buy 2,500 $20.61 $51,525
Matin Arshad Director April 24, 2026 Buy 10,000 $19.35 $193,500
Hawthorne Maria R Director April 24, 2026 Buy 5,136 $19.49 $100,101
Dyer Joseph Wendell Director April 24, 2026 Buy 2,684 $18.63 $50,003
Iyer Sadasivam President April 24, 2026 Buy 1,200 $19.42 $23,304
Iyer Sadasivam President April 24, 2026 Buy 525 $19.02 $9,986

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around February 3, 2027 estimated from the company's past filing pattern, not announced

  • October 28, 2026
  • July 29, 2026
  • April 22, 2026
  • February 4, 2026
  • January 20, 2026
  • October 22, 2025

Recent SEC filings

Data status

When each part of this page on Everforth Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Everforth Inc in brief

What does Everforth Inc do?
Everforth Inc is a US-listed company in the human resource & employment services industry. Its financial year ends in December.
What is Everforth Inc's stock ticker?
Everforth Inc trades under the ticker EFOR on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Everforth Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Everforth Inc reported revenue of $4B, 0.0% higher than a year earlier, according to its SEC filings.
What is Everforth Inc's free cash flow?
Everforth Inc's free-cash-flow margin is 4.9% of revenue over the trailing twelve months, ranking 7 of the 21 human resource & employment services companies we cover.
What is Everforth Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Everforth Inc's free cash flow after stock-based pay gives ~$86 per share in the base case, and ~$57–$120 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Everforth Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and AQR Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Everforth Inc buying back stock, and does it pay a dividend?
Everforth Inc spent $115M on share repurchases over the trailing twelve months, and its diluted share count fell 5.8% over the year.
What is Everforth Inc's market cap?
On November 2, 2026, Everforth Inc's market capitalisation was about $1.6B, with a price-to-earnings ratio of 22.9 and net debt of $1.3B. Market figures come from third-party market data and may be delayed.
How much debt does Everforth Inc have?
Everforth Inc's debt-to-equity ratio is 75.4%, from its latest balance sheet (55.3% five years earlier). The financial health section below sets out its other solvency checks.
Who are Everforth Inc's competitors?
In our Human Resource & Employment Services peer group, the companies closest to Everforth Inc are Kelly Services Inc, Trinet Group, Inc., Robert Half Inc., Korn Ferry and Paychex. The side-by-side comparison below sets their revenue, margins and growth against Everforth Inc's.
Are insiders buying or selling Everforth Inc stock?
Over the last 12 months, Everforth Inc's directors and officers reported 17 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Everforth Inc's next earnings date?
Around February 3, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Everforth Inc announces its own schedule.