ROBERT HALF INC. RHI
Robert Half Inc. (the "Company") provides specialized talent solutions and business consulting services through the Robert Half® and Protiviti® company names. The Company's business was originally founded in 1948. Prior to 1986, the Company was primarily a franchisor, under the names Accountemps and Robert Half, with offices providing contract and permanent professionals in the fields of accounting and finance. Beginning in 1986, the Company embarked on a strategy of acquiring the franchised locations. All franchises have since been acquired. The Company believes that direct ownership of offices allows it to better monitor and protect the image of its trade names, promote a more consistent and higher level of quality and service throughout its network of offices, and improve profitability by centralizing many of its administrative functions. Since 1986, the Company has significantly expanded operations at many of the acquired locations, opened hundreds of new locations, and acquired other local or regional providers of specialized contract personnel. The Company has also broadened the scope of its services by expanding product offerings to include administrative and customer support, technology, financial project, consulting, legal, and marketing and creative talent solutions.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- U.S.
- International
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| U.S. | $4.17B | $4.52B | $4.96B |
| International | $1.21B | $1.28B | $1.44B |
As the company reported it, from the “Business Segments - Revenue and Long-Lived Assets by Geographic Location (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.38B | $5.80B | $6.39B | $7.24B | $6.46B | $5.11B | $6.07B | $5.80B | $5.27B | $5.25B |
| Cost of revenue | $3.38B | $3.55B | $3.82B | $4.14B | $3.77B | $3.10B | $3.55B | $3.39B | $3.10B | $3.09B |
| Gross profit | $2.00B | $2.25B | $2.58B | $3.09B | $2.70B | $2.01B | $2.53B | $2.41B | $2.16B | $2.16B |
| SG&A | $1.93B | $2.01B | $2.11B | $2.12B | $1.95B | $1.67B | $1.96B | $1.81B | $1.65B | $1.61B |
| Operating income | $76.5M | $241.5M | $464.6M | $890.6M | $805.8M | $421.8M | $621.8M | $588.9M | $517.3M | $554.5M |
| Interest expense | — | — | $24.0M | $8.0M | $197.0K | $1.3M | $5.1M | $4.4M | $1.8M | $888.0K |
| Pre-tax income | $194.4M | $357.7M | $576.6M | $897.0M | $803.8M | $421.9M | $625.5M | $591.6M | $517.5M | $554.1M |
| Income tax | $61.4M | $106.1M | $165.4M | $239.0M | $205.2M | $115.6M | $171.1M | $157.3M | $226.9M | $210.7M |
| Net income | $133.0M | $251.6M | $411.1M | $657.9M | $598.6M | $306.3M | $454.4M | $434.3M | $290.6M | $343.4M |
| EPS, basic | 1.33 | 2.45 | 3.90 | 6.08 | 5.42 | 2.72 | 3.93 | 3.60 | 2.34 | 2.68 |
| EPS, diluted | 1.33 | 2.44 | 3.88 | 6.03 | 5.36 | 2.70 | 3.90 | 3.57 | 2.33 | 2.67 |
| Shares, diluted (wtd. avg.) | 100.3M | 103.0M | 106.1M | 109.2M | 111.7M | 113.3M | 116.4M | 121.6M | 124.9M | 128.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $464.4M | $537.6M | $731.7M | $658.6M | $619.0M | $574.4M | $270.5M | $276.6M | $294.8M | $260.2M |
| Receivables | $748.5M | $772.3M | $860.9M | $1.02B | $984.7M | $714.2M | $832.8M | $794.4M | $732.4M | $703.2M |
| Total current assets | $2.12B | $2.13B | $2.30B | $2.29B | $2.27B | $1.84B | $1.63B | $1.47B | $1.43B | $1.28B |
| Property, plant and equipment | $128.8M | $119.6M | $108.8M | $109.7M | $93.4M | $109.8M | $128.4M | $125.2M | $144.9M | $161.5M |
| Goodwill | $251.5M | $237.2M | $238.0M | $237.8M | $222.9M | $223.1M | $210.4M | $210.0M | $210.9M | $209.8M |
| Other intangibles | — | — | — | $5.3M | $3.3M | $5.6M | $1.8M | $3.1M | $4.9M | $3.7M |
| Total assets | $2.86B | $2.85B | $3.01B | $2.96B | $2.95B | $2.56B | $2.31B | $1.90B | $1.87B | $1.78B |
| Accounts payable | $159.4M | $167.0M | $156.7M | $168.2M | $183.8M | $130.8M | $123.8M | $168.0M | $126.9M | $135.5M |
| Short-term debt | — | — | — | — | $0 | $239.0K | $218.0K | $200.0K | $183.0K | $167.0K |
| Total current liabilities | $1.38B | $1.29B | $1.24B | $1.22B | $1.36B | $1.05B | $940.7M | $819.5M | $747.9M | $679.9M |
| Long-term debt | — | — | — | — | — | $0 | $239.0K | $457.0K | $657.0K | $840.0K |
| Total liabilities | $1.58B | $1.48B | $1.42B | $1.40B | $1.57B | $1.35B | $1.17B | $839.9M | $762.2M | $691.4M |
| Retained earnings | $0 | $24.9M | $266.2M | $318.5M | $167.7M | $29.9M | $36.1M | $0 | $37.0M | $84.6M |
| Total equity | $1.28B | $1.38B | $1.59B | $1.57B | $1.38B | $1.21B | $1.14B | $1.06B | $1.11B | $1.09B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $320.0M | $410.5M | $636.9M | $683.8M | $603.1M | $596.5M | $519.6M | $572.3M | $453.0M | $442.1M |
| Depreciation and amortisation | $50.0M | $52.1M | $51.4M | $47.4M | $52.2M | $62.3M | $64.3M | $64.2M | $63.9M | $63.1M |
| Capital expenditure | $53.2M | $56.3M | $45.9M | $61.1M | $36.6M | $33.4M | $59.5M | $42.5M | $40.8M | $83.0M |
| Investing cash flow | -$85.7M | -$87.1M | -$112.2M | -$116.6M | -$87.6M | $9.5M | -$102.1M | -$88.5M | -$78.5M | -$112.2M |
| Financing cash flow | -$330.3M | -$496.4M | -$460.5M | -$509.2M | -$458.6M | -$315.3M | -$423.4M | -$490.1M | -$352.9M | -$288.3M |
| Dividends paid | $238.2M | $220.4M | $205.9M | $189.3M | $170.6M | $155.9M | $145.6M | $136.4M | $121.0M | $114.2M |
| Buybacks | $92.1M | $276.0M | $254.6M | $319.9M | $287.7M | $159.2M | $277.5M | $353.5M | $231.7M | $176.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000315213-26-000010.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.25B | $5.27B | $5.80B | $6.07B | $5.11B | $6.46B | $7.24B | $6.39B | $5.80B | $5.38B |
| Gross profit | $2.16B | $2.16B | $2.41B | $2.53B | $2.01B | $2.70B | $3.09B | $2.58B | $2.25B | $2.00B |
| Net income | $343.4M | $290.6M | $434.3M | $454.4M | $306.3M | $598.6M | $657.9M | $411.1M | $251.6M | $133.0M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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| KELYA | KELLY SERVICES INC | $582.6M | — | -1.9% |
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