RHIRobert Half Inc.

$44.50

Is the business good?

How good a business is RHI?

Robert Half Inc. earns 6.2% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

6.2%

Return on invested capital · cost of capital 9.0% · 2.8 points below what the capital costs: growth destroys value

Operating margin
1.4%

Operating margin · Industrials median 10% · 12 months to Q1 2026

Cash conversion
1.68×

Cash conversion · 1.51× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−1.1%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY20208.3%
FY202112%
FY202212%
FY20237.3%
FY20244.2%
FY20251.4%
Details
Gross margin12 months to Q1 2026
37%
Operating margin12 months to Q1 2026
1.4%
Net margin12 months to Q1 2026
2.4%
Free cash flow margin
4.1%
Revenue, trailing twelve months
$5.33B
Free cash flow, trailing twelve months
$218M
Net income, trailing twelve months
$129M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
6.2%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.