NYSE : RHI
Robert Half Inc. — Financial statements
Industrials · Staffing & Employment Services · United States
Last price 43.73 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 4.40B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Robert Half Inc. (RHI) reported revenue of 5.30B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 5.30B | 5.38B | 5.80B | 6.39B | 7.24B | 6.46B |
| Cost of Revenue | 3.32B | 3.38B | 3.55B | 3.82B | 4.14B | 3.77B |
| Gross Profit | 1.98B | 2.00B | 2.25B | 2.58B | 3.09B | 2.70B |
| Selling, General & Admin | 1.90B | 1.93B | 2.01B | 2.11B | 2.12B | 1.95B |
| Amortization of Goodwill & Intangibles | 1.67M | 2.24M | ||||
| Operating Expenses | 1.90B | 1.93B | 2.01B | 2.11B | 2.12B | 1.95B |
| Operating Income | 71.91M | 76.46M | 241.47M | 464.59M | 975.09M | 742.50M |
| Interest & Investment Income | 121.71M | 117.89M | 116.20M | 111.99M | 8.01M | 61.27M |
| EBT Excluding Unusual Items | 193.62M | 194.35M | 357.67M | 576.58M | 983.09M | 803.78M |
| Gain (Loss) on Sale of Investments | -86.14M | |||||
| Pretax Income | 193.62M | 194.35M | 357.67M | 576.58M | 896.96M | 803.78M |
| Income Tax Expense | 71.88M | 61.36M | 106.07M | 165.44M | 239.04M | 205.15M |
| Net Income | 121.73M | 132.99M | 251.60M | 411.15M | 657.92M | 598.63M |
| Net Income to Common | 121.73M | 132.99M | 251.60M | 411.15M | 657.92M | 598.63M |
| Shares Outstanding (Basic) | 99.76M | 100.12M | 102.66M | 105.53M | 108.21M | 110.48M |
| Shares Outstanding (Diluted) | 100.20M | 100.31M | 103.03M | 106.07M | 109.17M | 111.72M |
| EPS (Basic) | 1.22 | 1.33 | 2.45 | 3.90 | 6.08 | 5.42 |
| EPS (Diluted) | 1.22 | 1.33 | 2.44 | 3.88 | 6.03 | 5.36 |
| Free Cash Flow | 266.81M | 354.15M | 591.01M | 622.63M | 566.52M | |
| Free Cash Flow Per Share | 2.66 | 3.44 | 5.57 | 5.70 | 5.07 | |
| Dividend Per Share | 2.36 | 2.36 | 2.12 | 1.92 | 1.72 | 1.52 |
| Gross Margin | 37.29% | 37.23% | 38.77% | 40.28% | 42.75% | 41.73% |
| Operating Margin | 1.36% | 1.42% | 4.17% | 7.27% | 13.47% | 11.49% |
| Profit Margin | 2.30% | 2.47% | 4.34% | 6.43% | 9.09% | 9.26% |
| Free Cash Flow Margin | 4.96% | 6.11% | 9.25% | 8.60% | 8.77% | |
| EBITDA | 122.27M | 128.37M | 294.74M | 518.84M | 1.02B | 796.96M |
| EBITDA Margin | 2.31% | 2.39% | 5.08% | 8.12% | 14.15% | 12.33% |
| D&A For EBITDA | 50.36M | 51.90M | 53.27M | 54.25M | 49.06M | 54.45M |
| EBIT | 71.91M | 76.46M | 241.47M | 464.59M | 975.09M | 742.50M |
| EBIT Margin | 1.36% | 1.42% | 4.17% | 7.27% | 13.47% | 11.49% |
| Effective Tax Rate | 37.13% | 31.57% | 29.66% | 28.69% | 26.65% | 25.52% |
| Advertising Expenses | 46.10M | 53.90M | 54.80M | 55.60M | 49.30M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 464.44M | 537.58M | 731.74M | 658.63M | 619.00M | |
| Cash & Short-Term Investments | 324.71M | 464.44M | 537.58M | 731.74M | 658.63M | 619.00M |
| Receivables | 748.46M | 772.28M | 860.87M | 1.02B | 984.69M | |
| Prepaid Expenses | 55.90M | 64.19M | 68.00M | 69.39M | 69.53M | |
| Other Current Assets | 850.23M | 755.37M | 636.53M | 538.80M | 595.33M | |
| Total Current Assets | 2.12B | 2.13B | 2.30B | 2.29B | 2.27B | |
| Property, Plant & Equipment | 331.86M | 317.95M | 318.06M | 311.69M | 322.20M | |
| Goodwill | 251.47M | 237.18M | 237.97M | 237.81M | 222.85M | |
| Other Intangible Assets | 1.84M | 1.22M | 2.43M | 5.32M | 3.33M | |
| Long-Term Deferred Tax Assets | 134.32M | 158.12M | 140.13M | 124.56M | 135.43M | |
| Long-Term Deferred Charges | 17.76M | 10.52M | 15.05M | |||
| Total Assets | 2.86B | 2.85B | 3.01B | 2.96B | 2.95B | |
| Accounts Payable | 137.48M | 142.95M | 132.09M | 146.18M | 158.19M | |
| Accrued Expenses | 1.15B | 1.05B | 986.85M | 946.42M | 1.08B | |
| Current Portion of Leases | 69.79M | 64.62M | 80.46M | 86.08M | 83.79M | |
| Current Income Taxes Payable | 1.64M | 2.98M | 11.14M | 15.54M | 15.63M | |
| Current Unearned Revenue | 21.94M | 24.00M | 24.57M | 21.98M | 25.60M | |
| Total Current Liabilities | 1.38B | 1.29B | 1.24B | 1.22B | 1.36B | |
| Long-Term Leases | 175.74M | 168.90M | 161.44M | 151.77M | 181.29M | |
| Other Long-Term Liabilities | 20.17M | 21.76M | 25.89M | 27.96M | 31.34M | |
| Total Liabilities | 1.58B | 1.48B | 1.42B | 1.40B | 1.57B | |
| Common Stock | 101.00K | 102.00K | 105.00K | 108.00K | 111.00K | |
| Additional Paid-In Capital | 1.30B | 1.42B | 1.35B | 1.29B | 1.24B | |
| Retained Earnings | 24.89M | 266.17M | 318.51M | 167.66M | ||
| Comprehensive Income & Other | -29.18M | -65.14M | -32.63M | -43.62M | -22.62M | |
| Shareholders' Equity | 1.21B | 1.28B | 1.38B | 1.59B | 1.57B | 1.38B |
| Total Liabilities & Equity | 2.86B | 2.85B | 3.01B | 2.96B | 2.95B | |
| Total Debt | 240.81M | 245.54M | 233.52M | 241.90M | 237.85M | 265.08M |
| Net Cash (Debt) | 83.91M | 218.90M | 304.06M | 489.84M | 420.77M | 353.92M |
| Net Cash Per Share | 0.84 | 2.18 | 2.95 | 4.62 | 3.85 | 3.17 |
| Filing Date Shares Outstanding | 99.96M | 99.39M | 100.44M | 103.45M | 105.94M | 108.93M |
| Total Common Shares Outstanding | 99.96M | 99.38M | 100.44M | 103.45M | 105.94M | 108.93M |
| Working Capital | 734.52M | 843.68M | 1.06B | 1.07B | 909.87M | |
| Book Value Per Share | 12.00 | 12.84 | 13.72 | 15.35 | 14.81 | 12.68 |
| Tangible Book Value | 955.51M | 1.02B | 1.14B | 1.35B | 1.33B | 1.15B |
| Tangible Book Value Per Share | 9.50 | 10.29 | 11.35 | 13.03 | 12.51 | 10.60 |
| Machinery | 202.17M | 227.35M | 249.71M | 256.63M | 250.55M | |
| Leasehold Improvements | 205.60M | 200.56M | 187.81M | 171.89M | 165.15M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 132.99M | 251.60M | 411.15M | 657.92M | 598.63M | |
| Depreciation & Amortization | 51.90M | 53.27M | 54.25M | 49.06M | 54.45M | |
| Other Amortization | 29.72M | 36.05M | 44.72M | 28.93M | 28.02M | |
| Loss (Gain) From Sale of Investments | -78.87M | -71.66M | -72.97M | 98.78M | -37.36M | |
| Stock-Based Compensation | 59.42M | 63.45M | 61.14M | 57.66M | 55.93M | |
| Provision & Write-off of Bad Debts | 3.15M | 5.29M | 8.75M | 8.77M | 9.46M | |
| Other Operating Activities | 22.85M | -17.94M | -16.57M | 10.81M | -21.13M | |
| Change in Accounts Receivable | 45.80M | 66.95M | 156.27M | -65.63M | -292.63M | |
| Change in Accounts Payable | -15.22M | 16.05M | -14.70M | 3.73M | 52.61M | |
| Change in Income Taxes | -1.39M | -20.96M | 10.72M | 2.60M | 3.59M | |
| Change in Other Net Operating Assets | 69.62M | 28.37M | -5.88M | -168.88M | 151.56M | |
| Operating Cash Flow | 319.96M | 410.47M | 636.88M | 683.75M | 603.14M | |
| Capital Expenditures | -53.16M | -56.32M | -45.87M | -61.12M | -36.61M | |
| Cash Acquisitions | -10.72M | -264.00K | -1.03M | -18.98M | ||
| Other Investing Activities | -21.83M | -30.54M | -65.34M | -36.52M | -51.00M | |
| Investing Cash Flow | -85.70M | -87.12M | -112.25M | -116.62M | -87.61M | |
| Long-Term Debt Repaid | -239.00K | |||||
| Net Debt Issued (Repaid) | -239.00K | |||||
| Repurchase of Common Stock | -92.09M | -276.03M | -254.62M | -319.90M | -287.74M | |
| Common Dividends Paid | -238.22M | -220.41M | -205.91M | -189.29M | -170.61M | |
| Financing Cash Flow | -330.31M | -496.44M | -460.54M | -509.18M | -458.59M | |
| Foreign Exchange Rate Adjustments | 22.90M | -21.07M | 9.02M | -18.32M | -12.36M | |
| Net Cash Flow | -73.15M | -194.16M | 73.11M | 39.62M | 44.58M | |
| Free Cash Flow | 266.81M | 354.15M | 591.01M | 622.63M | 566.52M | |
| Free Cash Flow Margin | 4.96% | 6.11% | 9.25% | 8.60% | 8.77% | |
| Free Cash Flow Per Share | 2.66 | 3.44 | 5.57 | 5.70 | 5.07 | |
| Levered Free Cash Flow | 166.52M | 287.39M | 490.22M | 562.25M | 491.73M | |
| Unlevered Free Cash Flow | 166.52M | 287.39M | 490.22M | 562.25M | 491.73M | |
| Cash Interest Paid | 225.00K | 272.00K | 315.00K | 368.00K | 548.00K | |
| Cash Income Tax Paid | 41.63M | 143.62M | 168.49M | 217.93M | 219.73M | |
| Change in Working Capital | 98.81M | 90.41M | 146.42M | -228.18M | -84.87M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.40B | 2.70B | 7.15B | 9.16B | 7.88B | 12.21B |
| Enterprise Value | 4.32B | 2.58B | 6.82B | 8.64B | 7.52B | 11.84B |
| Last Close Price | 43.73 | 25.57 | 62.45 | 75.61 | 61.91 | 91.69 |
| PE Ratio | 35.85 | 20.30 | 28.42 | 22.27 | 11.98 | 20.39 |
| Forward PE | 24.20 | 19.00 | 25.55 | 25.11 | 13.94 | 19.62 |
| PS Ratio | 0.83 | 0.50 | 1.23 | 1.43 | 1.09 | 1.89 |
| PB Ratio | 3.64 | 2.12 | 5.19 | 5.76 | 5.02 | 8.84 |
| P/TBV Ratio | 4.60 | 2.64 | 6.28 | 6.79 | 5.95 | 10.57 |
| P/FCF Ratio | 20.45 | 10.12 | 20.19 | 15.49 | 12.66 | 21.55 |
| P/OCF Ratio | 17.16 | 8.44 | 17.42 | 14.38 | 11.53 | 20.24 |
| PEG Ratio | 1.19 | 1.06 | 19.90 | 6.30 | 0.94 | |
| EV/Sales Ratio | 0.82 | 0.48 | 1.18 | 1.35 | 1.04 | 1.83 |
| EV/EBITDA Ratio | 35.39 | 20.06 | 23.14 | 16.66 | 7.34 | 14.86 |
| EV/EBIT Ratio | 60.10 | 33.68 | 28.24 | 18.60 | 7.71 | 15.95 |
| EV/FCF Ratio | 20.09 | 9.65 | 19.26 | 14.62 | 12.08 | 20.91 |
| Debt / Equity Ratio | 0.20 | 0.19 | 0.17 | 0.15 | 0.15 | 0.19 |
| Debt / EBITDA Ratio | 1.97 | 1.18 | 0.62 | 0.40 | 0.21 | 0.30 |
| Debt / FCF Ratio | 0.92 | 0.66 | 0.41 | 0.38 | 0.47 | |
| Net Debt / Equity Ratio | -0.07 | -0.17 | -0.22 | -0.31 | -0.27 | -0.26 |
| Net Debt / EBITDA Ratio | -0.69 | -1.71 | -1.03 | -0.94 | -0.41 | -0.44 |
| Net Debt / FCF Ratio | -0.82 | -0.86 | -0.83 | -0.68 | -0.62 | |
| Asset Turnover | 1.88 | 1.98 | 2.14 | 2.45 | 2.35 | |
| Quick Ratio | 0.88 | 1.02 | 1.29 | 1.38 | 1.18 | |
| Current Ratio | 1.53 | 1.66 | 1.86 | 1.88 | 1.67 | |
| Return on Equity (ROE) | 10.02% | 16.96% | 26.05% | 44.61% | 46.29% | |
| Return on Assets (ROA) | 1.67% | 5.15% | 9.72% | 20.60% | 16.84% | |
| Return on Invested Capital (ROIC) | 4.02% | 4.91% | 15.64% | 29.50% | 65.77% | 56.41% |
| Return on Capital Employed (ROCE) | 5.20% | 15.40% | 26.20% | 55.80% | 46.60% | |
| Earnings Yield | 2.79% | 4.93% | 3.52% | 4.49% | 8.35% | 4.90% |
| FCF Yield | 4.89% | 9.88% | 4.95% | 6.46% | 7.90% | 4.64% |
| Dividend Yield | 5.40% | 8.69% | 2.98% | 2.17% | 2.31% | 1.36% |
| Payout Ratio | 193.48% | 179.13% | 87.60% | 50.08% | 28.77% | 28.50% |
| Buyback Yield / Dilution | 0.69% | 2.64% | 2.87% | 2.84% | 2.28% | 1.41% |
| Total Shareholder Return | 6.09% | 11.32% | 5.85% | 5.01% | 4.59% | 2.77% |