Robert Half Inc. (RHI) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.26	$0.26	0.0%	—	$1.3B	—
Q1 26	$0.13	$0.14	+7.7%	—	$1.3B	—
Q4 25	$0.3	$0.32	+6.7%	—	$1.3B	—
Q3 25	$0.43	$0.43	0.0%	—	$1.4B	—
Q2 25	$0.4	$0.41	+2.5%	—	$1.4B	—
Q1 25	$0.36	$0.17	-52.8%	—	$1.4B	—
Q4 24	$0.54	$0.53	-1.9%	—	$1.4B	—
Q3 24	$0.62	$0.64	+3.2%	—	$1.5B	—
Q2 24	$0.71	$0.66	-7.0%	—	$1.5B	—
Q1 24	$0.6	$0.61	+1.7%	—	$1.5B	—
Q4 23	$0.82	$0.83	+1.2%	—	$1.5B	—
Q3 23	$0.81	$0.9	+11.1%	—	$1.6B	—
Q2 23	$1.14	$1	-12.3%	—	$1.6B	—
Q1 23	$1.13	$1.14	+0.9%	—	$1.7B	—
Q4 22	$1.36	$1.37	+0.7%	—	$1.7B	—
Q3 22	$1.63	$1.53	-6.1%	—	$1.8B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.33	—	—	$5.4B	—
FY24	—	$2.45	—	—	$5.8B	—
FY23	—	$3.9	—	—	$6.4B	—
FY22	—	$6.08	—	—	$7.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$5.3B	$5.3B	$5.8B	$6.1B	$5.1B	$6.5B	$7.2B	$6.4B	$5.8B	$5.4B
YoY change	+3.05%	+0.31%	+10.1%	+4.73%	-15.9%	+26.5%	+12%	-11.7%	-9.33%	-7.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	5.3B	5.3B	5.8B	6.1B	5.1B	6.5B	7.2B	6.4B	5.8B	5.4B
Cost of revenue	3.1B	3.1B	3.4B	3.5B	3.1B	3.8B	4.1B	3.8B	3.5B	3.4B
Gross profit	2.2B	2.2B	2.4B	2.5B	2B	2.7B	3.1B	2.6B	2.2B	2B
Gross margin	41.2%	41.1%	41.6%	41.6%	39.4%	41.7%	42.7%	40.3%	38.8%	37.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.6B	1.6B	1.8B	2B	1.7B	2B	2.1B	2.1B	2B	1.9B
Operating expenses	1.6B	1.6B	1.8B	2B	1.7B	2B	2.1B	2.1B	2B	1.9B
Operating income	553.2M	515.7M	598.7M	565.5M	345.4M	742.5M	975.1M	464.6M	241.5M	76.5M
Operating margin	10.5%	9.79%	10.3%	9.31%	6.76%	11.5%	13.5%	7.27%	4.17%	1.42%
Non-operating income, net	—	—	-11.5M	54.9M	75.2M	61.1M	-86.1M	88M	94.1M	106.1M
Pretax income	554.1M	517.5M	591.6M	625.5M	421.9M	803.8M	897M	576.6M	357.7M	194.4M
Income tax	210.7M	226.9M	157.3M	171.1M	115.6M	205.2M	239M	165.4M	106.1M	61.4M
Net income	343.4M	290.6M	434.3M	454.4M	306.3M	598.6M	657.9M	411.1M	251.6M	133M
Net margin	6.54%	5.52%	7.49%	7.48%	5.99%	9.26%	9.09%	6.43%	4.34%	2.47%
EBITDA	617.5M	581.2M	676.1M	579.8M	352.1M	763.9M	1.1B	475.5M	236.7M	52M
EPS	2.68	2.34	3.6	3.93	2.72	5.42	6.08	3.9	2.45	1.33
Diluted EPS	2.67	2.33	3.57	3.9	2.7	5.36	6.03	3.88	2.44	1.33

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.6B	1.5B	1.5B	1.5B	1.5B	1.4B	1.4B	1.4B	1.4B	1.3B	1.3B	1.3B
Cost of revenue	922.9M	888.7M	913.1M	895.8M	893.3M	846.3M	852.9M	860.3M	850.2M	812.8M	820.3M	862.3M
Gross profit	640.9M	584.2M	562.8M	576.7M	571.7M	536.1M	499M	509.5M	504.2M	489.6M	479.9M	474M
Gross margin	41%	39.7%	38.1%	39.2%	39%	38.8%	36.9%	37.2%	37.2%	37.6%	36.9%	35.5%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	496.7M	516.7M	521.6M	500.8M	510.8M	471.3M	460.2M	507.9M	490.6M	467.1M	443M	536.3M
Operating expenses	496.7M	516.7M	521.6M	500.8M	510.8M	471.3M	460.2M	507.9M	490.6M	467.1M	443M	536.3M
Operating income	143.5M	66.8M	40.9M	75.5M	60.6M	64.5M	38.9M	1.5M	13.6M	22.5M	36.9M	-62.3M
Operating margin	9.18%	4.53%	2.77%	5.13%	4.13%	4.66%	2.88%	0.11%	1%	1.72%	2.84%	-4.66%
Non-operating income, net	-14.3M	46.7M	43.4M	15.7M	29.2M	5.7M	-20.2M	57.7M	47.6M	21M	-8.2M	100.9M
Pretax income	136.3M	120.1M	90.7M	96.5M	95.2M	75.3M	22.3M	61.4M	63.7M	46.9M	31.4M	40.6M
Income tax	40.8M	32.8M	27M	28.3M	29.7M	21M	4.9M	20.5M	20.8M	15.2M	17.7M	14.3M
Net income	95.5M	87.3M	63.7M	68.2M	65.5M	54.3M	17.4M	41M	42.9M	31.8M	13.8M	26.3M
Net margin	6.11%	5.93%	4.32%	4.63%	4.47%	3.93%	1.28%	2.99%	3.17%	2.44%	1.06%	1.97%
EBITDA	180.1M	53.8M	20M	82M	53.8M	80.9M	80.7M	-35M	-14.3M	20.6M	63.8M	-144.8M
EPS	0.91	0.84	0.61	0.66	0.64	0.53	0.17	0.41	0.43	0.32	0.14	0.26
Diluted EPS	0.9	0.83	0.61	0.66	0.64	0.53	0.17	0.41	0.43	0.32	0.14	0.26

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	6.2B	6.9B	6.9B	7.3B	7B	12.3B	8B	9.3B	7.2B	2.7B	3.8B
Enterprise value	6B	6.6B	6.6B	7.3B	6.8B	12B	7.6B	8.8B	6.9B	2.5B	3.6B
Shares outstanding	128M	124.2M	120.5M	115.7M	112.7M	110.5M	108.2M	105.5M	102.7M	100.1M	100.1M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	18.2	23.7	15.9	16.1	23	20.6	12.1	22.6	28.8	20.4	31.5
P/S	1.19	1.31	1.19	1.2	1.38	1.91	1.1	1.45	1.25	0.51	0.7
P/B	5.75	6.24	6.48	6.39	5.84	8.92	5.09	5.84	5.25	2.13	2.96
EV/EBITDA	9.69	11.4	9.79	12.6	19.2	15.7	6.64	18.5	29.3	48.1	59.3
EV/Sales	1.14	1.25	1.14	1.2	1.33	1.85	1.05	1.37	1.2	0.46	0.69
Earnings yield	5.5%	4.21%	6.3%	6.22%	4.35%	4.86%	8.23%	4.43%	3.48%	4.89%	3.17%
FCF yield	5.75%	5.98%	7.69%	6.3%	8%	4.6%	7.79%	6.37%	4.9%	9.81%	3.02%
PEG	—	—	—	—	—	—	—	—	—	—	-0.89

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	41.2%	41.1%	41.6%	41.6%	39.4%	41.7%	42.7%	40.3%	38.8%	37.2%	35.5%
Operating margin	10.5%	9.79%	10.3%	9.31%	6.76%	11.5%	13.5%	7.27%	4.17%	1.42%	-4.66%
Net margin	6.54%	5.52%	7.49%	7.48%	5.99%	9.26%	9.09%	6.43%	4.34%	2.47%	2.17%
ROE	31.6%	26.3%	40.8%	39.7%	25.4%	43.3%	41.9%	25.9%	18.3%	10.4%	9.11%
ROA	19.3%	15.6%	22.8%	19.7%	12%	20.3%	22.2%	13.7%	8.81%	4.66%	0.23%
ROIC	41.4%	35.7%	55.8%	35.8%	26.9%	53.8%	62.3%	30.2%	15.8%	4.95%	0.6%
Return on tangible assets	25.4%	20.2%	29.4%	24.1%	14.6%	23.9%	26.5%	16.3%	10.6%	5.66%	4.88%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.89	1.91	1.8	1.73	1.76	1.67	1.88	1.86	1.66	1.53	1.47
Quick ratio	1.89	1.91	1.8	1.73	1.76	1.67	1.88	1.86	1.66	1.53	1.47
Debt / equity	0	0	0	0.24	0.25	0.19	0.15	0.15	0.17	0.19	0.2
Debt / assets	0	0	0	0.12	0.12	0.09	0.08	0.08	0.08	0.09	0.08
Net debt / EBITDA	-0.42	-0.51	-0.41	0.01	-0.77	-0.46	-0.37	-1.03	-1.28	-4.21	1.12
Effective tax rate	38%	43.9%	26.6%	27.4%	27.4%	25.5%	26.6%	28.7%	29.7%	31.6%	37.2%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	41	42.4	48.1	52.5	45.3	58.5	66.9	60.6	56.5	53.7	53.1
EPS (basic)	2.68	2.34	3.6	3.93	2.72	5.42	6.08	3.9	2.45	1.33	1.33
EPS (diluted)	2.67	2.33	3.57	3.9	2.7	5.36	6.03	3.88	2.44	1.33	1.15
Book value per share	8.49	8.9	8.82	9.89	10.7	12.5	14.5	15.1	13.4	12.7	12.2
FCF per share	2.81	3.32	4.4	3.98	5	5.13	5.75	5.6	3.45	2.67	2.14
Cash per share	2.03	2.37	2.3	2.34	5.1	5.6	6.09	6.93	5.24	4.64	3.23
Capex per share	—	—	—	—	—	—	—	—	—	0.53	0.41

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	0.99%	0.78%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	16.6%	16.1%
Payout ratio	33.2%	41.6%	31.4%	32%	50.9%	28.5%	28.8%	50.1%	87.6%	179.1%	205.2%
Dividend yield	1.83%	1.75%	1.98%	1.99%	2.21%	1.38%	2.37%	2.22%	3.05%	8.76%	6.42%

Yield

6.42%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.59

ex-dividend Aug 25, 2026

Payout ratio

205%

of earnings

Dividend growth

13 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 25, 2026	$0.59
May 22, 2026	$0.59
Feb 25, 2026	$0.59

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.6B	$1.5B	$1.5B	$1.5B	$1.5B	$1.4B	$1.4B	$1.4B	$1.4B	$1.3B	$1.3B	$1.3B
YoY change	-14.7%	-14.7%	-14%	-10.2%	-6.32%	-6.15%	-8.4%	-6.98%	-7.54%	-5.79%	-3.83%	-2.44%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	260.2M	294.8M	276.6M	270.5M	574.4M	619M	658.6M	731.7M	537.6M	464.4M
Receivables	703.2M	732.4M	794.4M	832.8M	714.2M	984.7M	1B	860.9M	772.3M	748.5M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	1.3B	1.4B	1.5B	1.6B	1.8B	2.3B	2.3B	2.3B	2.1B	2.1B
Property, plant & equipment	161.5M	144.9M	135.5M	369.4M	372.5M	322.2M	311.7M	318.1M	317.9M	331.9M
Goodwill & intangibles	426.9M	431.7M	426.2M	424.2M	457.3M	452.4M	486.3M	480.8M	476.8M	506.6M
Total assets	1.8B	1.9B	1.9B	2.3B	2.6B	3B	3B	3B	2.9B	2.9B
Accounts payable	135.5M	126.9M	168M	123.8M	130.8M	183.8M	168.2M	156.7M	167M	159.4M
Short-term debt	167K	183K	200K	71.6M	78.8M	83.8M	86.1M	80.5M	64.6M	69.8M
Total current liabilities	679.9M	747.9M	819.5M	940.7M	1B	1.4B	1.2B	1.2B	1.3B	1.4B
Long-term debt	840K	657K	457K	202.2M	223.9M	181.3M	151.8M	161.4M	168.9M	175.7M
Total liabilities	691.4M	762.2M	839.9M	1.2B	1.4B	1.6B	1.4B	1.4B	1.5B	1.6B
Shareholders' equity	1.1B	1.1B	1.1B	1.1B	1.2B	1.4B	1.6B	1.6B	1.4B	1.3B
Total debt	1M	840K	657K	273.8M	302.7M	265.1M	237.9M	241.9M	233.5M	245.5M
Net debt	-259.2M	-293.9M	-275.9M	3.3M	-271.7M	-353.9M	-420.8M	-489.8M	-304.1M	-218.9M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	729.5M	731.7M	540.9M	547.4M	570.5M	537.6M	342.5M	380.5M	365.3M	464.4M	278.4M	324.7M
Receivables	941.1M	860.9M	861.5M	893.5M	885.4M	772.3M	786.6M	826.9M	838M	748.5M	776.4M	821.4M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	2.3B	2.3B	2.2B	2.2B	2.3B	2.1B	2B	2.1B	2.1B	2.1B	2B	2.1B
Property, plant & equipment	291.3M	318.1M	315.6M	313.8M	324.6M	317.9M	328.1M	332.7M	328.6M	331.9M	336.3M	324.3M
Goodwill & intangibles	481.5M	480.8M	479.7M	478.9M	479M	476.8M	476.5M	508.1M	507.2M	506.6M	505.3M	504.3M
Total assets	3B	3B	2.9B	2.9B	3B	2.9B	2.7B	2.8B	2.8B	2.9B	2.7B	2.9B
Accounts payable	143.2M	156.7M	145.3M	159M	161.4M	167M	144.6M	149.8M	151.4M	159.4M	145.7M	171.7M
Short-term debt	80.7M	80.5M	75.7M	70.9M	65.9M	64.6M	67.3M	69.3M	69.7M	69.8M	69.2M	66.5M
Total current liabilities	1.3B	1.2B	1.2B	1.3B	1.3B	1.3B	1.2B	1.3B	1.4B	1.4B	1.3B	1.5B
Long-term debt	134.7M	161.4M	165.3M	168M	173M	168.9M	175.4M	174.4M	171M	175.7M	182.8M	174.3M
Total liabilities	1.4B	1.4B	1.4B	1.5B	1.5B	1.5B	1.4B	1.5B	1.6B	1.6B	1.5B	1.7B
Shareholders' equity	1.6B	1.6B	1.5B	1.5B	1.5B	1.4B	1.3B	1.3B	1.3B	1.3B	1.2B	1.2B
Total debt	215.4M	241.9M	241M	238.9M	239M	233.5M	242.6M	243.6M	240.8M	245.5M	252M	240.8M
Net debt	-514.1M	-489.8M	-300M	-308.4M	-331.5M	-304.1M	-99.8M	-136.9M	-124.5M	-218.9M	-26.4M	-83.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	343.4M	290.6M	434.3M	454.4M	306.3M	598.6M	657.9M	411.1M	251.6M	133M
Depreciation & amortization	64.3M	65.5M	65.9M	69.2M	81.9M	82.5M	78M	99M	89.3M	81.6M
Stock-based compensation	42.7M	42.2M	45M	48.3M	52.5M	55.9M	57.7M	61.1M	63.4M	59.4M
Change in working capital	-5.6M	-34.2M	-35.3M	16.3M	145.4M	-156.2M	-132.4M	232.3M	173.5M	130.6M
Operating cash flow	443M	408.1M	494M	548.5M	539.8M	528.4M	631.7M	752.1M	530.8M	320M
Capital expenditure	—	—	—	—	—	—	—	—	—	-53.2M
Investing cash flow	-29.3M	-74.3M	-92M	-85.3M	101.5M	-51M	-55.5M	-66.4M	-30.8M	-85.7M
Dividends paid	-114.2M	-121M	-136.4M	-145.6M	-155.9M	-170.6M	-189.3M	-205.9M	-220.4M	-238.2M
Share repurchases	-176M	-231.7M	-353.5M	-277.5M	-159.2M	-287.7M	-319.9M	-254.6M	-276M	-92.1M
Financing cash flow	-288.5M	-352.9M	-490.1M	-423.4M	-315.3M	-458.6M	-509.2M	-460.5M	-496.4M	-330.3M
Net change in cash	125.2M	-19.1M	-88.1M	39.8M	326M	18.9M	67M	225.2M	3.5M	-96.1M
Free cash flow	359.1M	412.2M	529.8M	460.2M	563.2M	566.5M	622.6M	591M	354.2M	266.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	95.5M	87.3M	63.7M	68.2M	65.5M	54.3M	17.4M	41M	42.9M	31.8M	13.8M	26.3M
Depreciation & amortization	22.3M	33.6M	22.5M	22.2M	22.4M	22.2M	21.6M	21.1M	19.8M	19.1M	18.7M	18.3M
Stock-based compensation	15.2M	15M	16.8M	15.6M	15.7M	15.3M	16.7M	14.5M	13.9M	14.3M	11.3M	12.5M
Change in working capital	11.7M	145.3M	-2.5M	13.9M	57M	105.1M	-91.5M	44.9M	45.1M	132.1M	-105.3M	83.8M
Operating cash flow	131.1M	267.2M	98.6M	102M	147.7M	182.4M	-38M	112M	77.4M	182.5M	-112.3M	108.7M
Capital expenditure	—	—	—	—	—	—	—	—	-13.8M	-11.7M	-8.5M	-7.2M
Investing cash flow	1.8M	-9.4M	-10.3M	-3M	-2.8M	-14.7M	-20.3M	9.3M	-13.9M	-23.1M	-3.3M	-1.9M
Dividends paid	-50.6M	-50.7M	-57.5M	-54.7M	-54M	-54.1M	-61.3M	-59.4M	-58.9M	-58.7M	-61.7M	-59.1M
Share repurchases	-94.2M	-55.7M	-85.9M	-60.3M	-49.4M	-80.5M	-49.9M	-21.1M	-21.1M	-24K	-6.1M	-618K
Financing cash flow	-144.8M	-106.4M	-143.4M	-115M	-103.4M	-134.6M	-111.2M	-80.4M	-80M	-58.7M	-67.8M	-59.7M
Net change in cash	-11.9M	151.4M	-55M	-16.1M	41.6M	33.1M	-169.6M	40.8M	-16.4M	100.8M	-183.5M	47.1M
Free cash flow	160.6M	102.9M	-27.7M	129.6M	111.8M	140.5M	-71.7M	104.2M	63.6M	170.8M	-120.8M	101.5M

Date	Ratio
Jun 13, 2000	2:1
Sep 29, 1997	3:2
Jun 10, 1996	2:1
Aug 29, 1994	2:1
Mar 18, 1988	3:2
Jul 6, 1987	2:1
May 22, 1984	2:1
Aug 16, 1983	2:1

Robert Half Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history