(RHI) Robert Half International - Overview
Sector: Industrials | Industry: Staffing & Employment Services | Exchange: NYSE (USA) | Market Cap: 2.794m USD | Total Return: -31% in 12m
Avg Turnover: 45.6M
EPS Trend: -99.7%
Qual. Beats: 0
Rev. Trend: -98.1%
Qual. Beats: 0
Warnings
Interest Coverage Ratio 0.6 is critical
Tailwinds
No distinct edge detected
Robert Half Inc. (RHI) is a global provider of specialized talent solutions and business consulting services. The company operates through three primary segments: Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti, its dedicated consulting subsidiary. Founded in 1948 and headquartered in Menlo Park, California, the firm recently rebranded from Robert Half International Inc. in 2023.
The business model relies on a dual-revenue stream consisting of recruitment fees and high-margin professional consulting. While the talent segments focus on placing professionals in finance, technology, and administrative roles, the Protiviti segment provides specialized risk and internal audit services. This diversification helps mitigate the cyclical nature of the human resources industry, which is highly sensitive to corporate capital expenditure and employment trends.
Investors can further examine the company’s historical valuation trends and peer performance on ValueRay. Unlike traditional staffing firms, Robert Half maintains a significant focus on professional-level placements, which typically command higher margins than general labor staffing.
- White-collar hiring trends and unemployment rates dictate demand for talent solutions
- Protiviti consulting revenue growth offsets cyclical volatility in permanent placement staffing
- Corporate labor cost management impacts margins within contract talent solution segments
- Global interest rate environment influences client capital expenditure and headcount budgets
- Digital transformation initiatives drive sustained demand for specialized technology and finance professionals
| Net Income: 129.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -3.45 > 1.0 |
| NWC/Revenue: 13.15% < 20% (prev 13.68%; Δ -0.53% < -1%) |
| CFO/TA 0.10 > 3% & CFO 267.0m > Net Income 129.4m |
| Net Debt (-26.4m) to EBITDA (138.8m): -0.19 < 3 |
| Current Ratio: 1.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (99.9m) vs 12m ago -1.10% < -2% |
| Gross Margin: 37.23% > 18% (prev 0.38%; Δ 3.69k% > 0.5%) |
| Asset Turnover: 197.3% > 50% (prev 210.3%; Δ -13.04% > 0%) |
| Interest Coverage Ratio: 0.59 > 6 (EBITDA TTM 138.8m / Interest Expense TTM 126.3m) |
| A: 0.26 (Total Current Assets 1.97b - Total Current Liabilities 1.27b) / Total Assets 2.70b |
| B: 0.0 (Retained Earnings 0.0 / Total Assets 2.70b) |
| C: 0.03 (EBIT TTM 74.5m / Avg Total Assets 2.70b) |
| D: -0.02 (Book Value of Equity -33.1m / Total Liabilities 1.47b) |
| Altman-Z'' = 1.86 = BBB |
| DSRI: 1.05 (Receivables 776.4m/786.6m, Revenue 5.33b/5.67b) |
| GMI: 1.02 (GM 37.23% / 37.90%) |
| AQI: 0.99 (AQ_t 0.15 / AQ_t-1 0.15) |
| SGI: 0.94 (Revenue 5.33b / 5.67b) |
| TATA: -0.05 (NI 129.4m - CFO 267.0m) / TA 2.70b) |
| Beneish M = -3.07 (Cap -4..+1) = AA |
As of May 30, 2026, the stock is trading at USD 29.44 with a total of 3,194,304 shares traded.
Over the past week, the price has changed by +10.72%,
over one month by +10.68%,
over three months by +23.23% and
over the past year by -30.97%.
Robert Half International has received a consensus analysts rating of 2.91. Therefore, it is recommended to hold RHI.
- StrongBuy: 2
- Buy: 0
- Hold: 6
- Sell: 1
- StrongSell: 2
| Analysts Target Price | 29.9 | 1.5% |
P/E Trailing = 21.0077
P/E Forward = 12.9702
P/S = 0.5245
P/B = 2.269
P/EG = 5.4559
Revenue TTM = 5.33b USD
EBIT TTM = 74.5m USD
EBITDA TTM = 138.8m USD
Long Term Debt = 182.8m USD (estimated: total debt 252.0m - short term 69.2m)
Short Term Debt = 69.2m USD (from shortTermDebt, last quarter)
Debt = 252.0m USD (from shortLongTermDebtTotal, last quarter) (leases 252.0m already included)
Net Debt = -26.4m USD (calculated: Debt 252.0m - CCE 278.4m)
Enterprise Value = 2.77b USD (2.79b + Debt 252.0m - CCE 278.4m)
Interest Coverage Ratio = 0.59 (Ebit TTM 74.5m / Interest Expense TTM 126.3m)
EV/FCF = 12.71x (Enterprise Value 2.77b / FCF TTM 217.7m)
FCF Yield = 7.87% (FCF TTM 217.7m / Enterprise Value 2.77b)
FCF Margin = 4.09% (FCF TTM 217.7m / Revenue TTM 5.33b)
Net Margin = 2.43% (Net Income TTM 129.4m / Revenue TTM 5.33b)
Gross Margin = 37.23% ((Revenue TTM 5.33b - Cost of Revenue TTM 3.34b) / Revenue TTM)
Gross Margin QoQ = 36.91% (prev 37.59%)
Tobins Q-Ratio = 1.02 (Enterprise Value 2.77b / Total Assets 2.70b)
Interest Expense / Debt = 50.11% (Interest Expense 126.3m / Debt 252.0m)
Taxrate = 31.57% (61.4m / 194.4m)
NOPAT = 51.0m (EBIT 74.5m * (1 - 31.57%))
Current Ratio = 1.55 (Total Current Assets 1.97b / Total Current Liabilities 1.27b)
Debt / Equity = 0.20 (Debt 252.0m / totalStockholderEquity, last quarter 1.23b)
Debt / EBITDA = -0.19 (Net Debt -26.4m / EBITDA 138.8m)
Debt / FCF = -0.12 (Net Debt -26.4m / FCF TTM 217.7m)
Total Stockholder Equity = 1.28b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.79% (Net Income 129.4m / Total Assets 2.70b)
RoE = 10.14% (Net Income TTM 129.4m / Total Stockholder Equity 1.28b)
RoCE = 5.11% (EBIT 74.5m / Capital Employed (Equity 1.28b + L.T.Debt 182.8m))
RoIC = 3.83% (NOPAT 51.0m / Invested Capital 1.33b)
WACC = 8.03% (E(2.79b)/V(3.05b) * Re(8.75%) + (debt cost/tax rate unavailable))
Discount Rate = 8.75% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.11 | Cagr: -2.17%
[DCF] Terminal Value 73.10% ; FCFF base≈254.7m ; Y1≈223.3m ; Y5≈180.4m
[DCF] Fair Price = 28.57 (EV 2.90b - Net Debt -26.4m = Equity 2.92b / Shares 102.3m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -99.75 | EPS CAGR: -40.15% | SUE: 0.14 | # QB: 0
Revenue Correlation: -98.14 | Revenue CAGR: -8.76% | SUE: -0.12 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.25 | Chg30d=-26.99% | Revisions=-69% | Analysts=9
EPS next Quarter (2026-09-30): EPS=0.47 | Chg30d=-6.12% | Revisions=-17% | Analysts=9
EPS current Year (2026-12-31): EPS=1.32 | Chg30d=-9.19% | Revisions=-69% | GrowthEPS=-1.1% | GrowthRev=-1.4%
EPS next Year (2027-12-31): EPS=2.07 | Chg30d=-9.24% | Revisions=-69% | GrowthEPS=+57.0% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: -69%