Robert Half Inc.

NYSE:RHI Stock Report

Market Cap: US$2.5b

Robert Half Future Growth

Future criteria checks 4/6

Robert Half is forecast to grow earnings and revenue by 26.8% and 3.1% per annum respectively. EPS is expected to grow by 26.9% per annum. Return on equity is forecast to be 20.7% in 3 years.

Key information

26.8%

Earnings growth rate

26.95%

EPS growth rate

Professional Services earnings growth15.3%
Revenue growth rate3.1%
Future return on equity20.73%
Analyst coverage

Good

Last updated04 May 2026

Recent future growth updates

Analysis Article Nov 05

The Robert Half Inc. (NYSE:RHI) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

It's been a sad week for Robert Half Inc. ( NYSE:RHI ), who've watched their investment drop 12% to US$25.48 in the...

Recent updates

Narrative Update May 02

RHI: Limited AI Disruption And Cost Actions Will Support Future Earnings Quality

The analyst price target for Robert Half has been adjusted slightly to reflect updated fair value estimates of about $48 and a modestly lower assumed future P/E. Analysts point to mixed recent research that includes both price target cuts citing cost actions and AI exposure, as well as price target increases alongside a fresh upgrade.
Seeking Alpha Apr 22

Robert Half: Well-Financed With A Debt-Free Balance Sheet

Summary Robert Half is a professional staffing company specializing in temporary placements in the fields of finance and accounting, technology, and administrative and customer support. Robert Half is extremely well-financed with a debt-free balance sheet and a substantial cash balance. The company's shares trade at a low single-digit multiple of normalized cash flow. Read the full article on Seeking Alpha
Narrative Update Apr 18

RHI: Cost Action Charge Will Restrain Profitability Despite Low AI Disruption Risk

Analysts have trimmed their average price targets for Robert Half by a few dollars to reflect recent cuts from firms, with targets now centered around the low to mid $30s and high $20s. They cite the impact of cost actions on near term profitability while also highlighting relatively limited AI disruption risk to the business.
Narrative Update Apr 04

RHI: Cost Action Charge Will Pressure Profitability Despite Limited AI Disruption Risk

Analysts have reduced the Robert Half fair value estimate from $22.00 to $20.00, reflecting lower price targets on the stock after recent research updates that highlight tempered profitability expectations and relatively limited AI disruption risk. Analyst Commentary Recent research updates point to a more cautious tone around Robert Half, centered on tempered profitability expectations and a reset in valuation assumptions.
Narrative Update Mar 21

RHI: Cost Actions And Limited AI Risk Will Shape Future Performance

Robert Half's updated analyst price target moves lower to $22, reflecting an $11 reset as analysts factor in a higher discount rate, slightly different revenue expectations, reduced profit margin assumptions, and recent Street research that trims targets after cost actions and revised profitability ramps, even as some highlight relatively limited AI disruption risk. Analyst Commentary Recent research paints a mixed picture, with several firms trimming price targets and flagging execution risks, even as others adjust targets higher.
Narrative Update Mar 07

RHI: Limited AI Disruption And Cost Actions Will Support A More Constructive Outlook

Analysts trimmed their price targets on Robert Half, with our updated fair value estimate easing from about $48.45 to $47.84. This reflects recent target cuts into the mid $20s to low $30s range and new expectations around cost actions, profitability trends, and limited AI disruption risk in its business services exposure.
Narrative Update Feb 20

RHI: Cost Actions Will Support Future Margins And Fair Value Reassessment

The updated analyst price target for Robert Half shifts to $32.39 from $30.67 as analysts weigh a lower discount rate, modestly higher revenue growth and profit margin assumptions, and a slightly reduced future P/E multiple, along with mixed recent Street target revisions that reflect both optimism and tempered expectations after the company's $17 million cost-action charge. Analyst Commentary Recent research on Robert Half shows a split view, with some analysts lifting targets and others pulling back after the company disclosed a US$17 million cost action charge in its latest 10-K.
Analysis Article Feb 16

Robert Half (NYSE:RHI) Is Due To Pay A Dividend Of $0.59

The board of Robert Half Inc. ( NYSE:RHI ) has announced that it will pay a dividend on the 13th of March, with...
Narrative Update Feb 06

RHI: Higher P/E Assumptions Will Support A More Constructive Share Outlook

Analysts have nudged their price targets on Robert Half higher by a few dollars, reflecting updated views on fair value around $48.45, a slightly higher discount rate, modestly adjusted revenue growth and profit margin assumptions, and a higher projected P/E multiple. Analyst Commentary Recent Street research shows a cluster of upward price target revisions on Robert Half, with several bullish analysts tightening their views around the updated fair value assumptions near $48.45.
Narrative Update Jan 23

RHI: Ongoing Share Repurchases Will Support Fair Value Despite Softer Outlook

Analysts have trimmed their price target for Robert Half to about $30.67 from roughly $30.78, citing slightly higher discount rate assumptions, modestly softer revenue growth expectations, a small improvement in profit margin, and a marginally lower future P/E estimate. What's in the News From July 1, 2025 to September 30, 2025, Robert Half repurchased 573,650 shares for US$20.21 million, representing 0.57% of the company.
Analysis Article Jan 09

Here's What's Concerning About Robert Half's (NYSE:RHI) Returns On Capital

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Narrative Update Jan 09

RHI: Sequential Contract Stabilization And Conservative Buybacks Will Balance Softer Guidance

Narrative Update Analysts have trimmed their price targets on Robert Half by roughly US$9 to US$19 per share, citing softer guidance, mixed quarterly trends between staffing and Protiviti, and a cautious approach to leverage and buybacks. Together, these factors support only modest tweaks to discount rate, revenue growth, profit margin, and future P/E assumptions in the model.
Narrative Update Dec 23

RHI: Sequential Contract Stabilization Will Offset Softer Guidance And Consulting Weakness

Analysts have moderately reduced their price target on Robert Half, trimming fair value by about $1.70 to approximately $30.80 per share as they factor in softer guidance, margin pressure from weaker Protiviti trends, and a still muted rebound in staffing demand. Analyst Commentary Street research reflects a mixed but generally cautious stance on Robert Half, with lower price targets anchored in tempered expectations for near term growth and profitability.
Narrative Update Dec 09

RHI: Sequential Contract Talent Stabilization Will Drive Renewed Upside Momentum Ahead

Analysts have modestly reduced their price target on Robert Half, trimming fair value by about $2 to roughly $32.50 per share as softer revenue growth, compressed margins, and cautious commentary on demand offset some early signs of stabilization in contract talent trends. Analyst Commentary Street research following the Q3 report reflects a mixed but generally cautious stance, with lower price targets signaling tempered expectations for both cyclical recovery and margin expansion.
Narrative Update Nov 25

RHI: Sequential Improvement In Contract Talent Revenues Will Drive Renewed Momentum Ahead

Robert Half's analyst price target was reduced by $0.44 to $34.67. Analysts cited cautious management guidance and ongoing margin pressures, despite some stabilization in contract talent revenues.
Narrative Update Nov 11

RHI: Sequential Weekly Contract Talent Revenue Gains Will Support Positive Momentum

Analysts have modestly trimmed their average price target for Robert Half, now reducing fair value by $0.22 to $35.11. This adjustment is attributed to management’s conservative outlook and mixed revenue trends following recent earnings reports.
Analysis Article Nov 05

The Robert Half Inc. (NYSE:RHI) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

It's been a sad week for Robert Half Inc. ( NYSE:RHI ), who've watched their investment drop 12% to US$25.48 in the...
Analysis Article Nov 04

Robert Half Inc.'s (NYSE:RHI) 26% Share Price Plunge Could Signal Some Risk

Robert Half Inc. ( NYSE:RHI ) shareholders that were waiting for something to happen have been dealt a blow with a 26...
Narrative Update Oct 28

Management Guidance And Market Uncertainty Will Shape The Next Phase

The consensus analyst price target for Robert Half has decreased notably from approximately $41.56 to $35.33. Analysts cite weaker than anticipated management guidance, margin pressures, and ongoing uncertainty around revenue trends as driving factors behind the revision.
Narrative Update Oct 13

Digital Transformation And AI Readiness Will Spark Future Progress

Analysts have reduced their price target for Robert Half from $55 to $50. They cite stable but unremarkable demand trends within the IT staffing sector as the primary rationale for the adjustment.
Analysis Article Jul 25

Getting In Cheap On Robert Half Inc. (NYSE:RHI) Might Be Difficult

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...
Analysis Article Jul 02

Investors Could Be Concerned With Robert Half's (NYSE:RHI) Returns On Capital

What underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...
Analysis Article Jun 14

Is There An Opportunity With Robert Half Inc.'s (NYSE:RHI) 46% Undervaluation?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Robert Half fair value estimate is US$79.09 Robert Half's...
Analysis Article May 08

We Think Shareholders May Want To Consider A Review Of Robert Half Inc.'s (NYSE:RHI) CEO Compensation Package

Key Insights Robert Half will host its Annual General Meeting on 14th of May Salary of US$500.0k is part of CEO M...
Seeking Alpha Apr 24

Robert Half: Avoid Shares After A Brutal Q1

Summary Shares of Robert Half have plummeted, losing a third of their value, due to a weak labor market and poor Q1 results. Revenue and margins are under significant pressure, with broad-based declines across segments and a particularly sharp drop in overseas performance. Despite a strong balance sheet and secure dividend, the company faces ongoing challenges from macroeconomic factors and internal cost bloat. With no clear catalyst for recovery and an expensive valuation, I remain bearish and recommend continuing to sell shares. Read the full article on Seeking Alpha
Analysis Article Mar 13

What You Can Learn From Robert Half Inc.'s (NYSE:RHI) P/E

Robert Half Inc.'s ( NYSE:RHI ) price-to-earnings (or "P/E") ratio of 21.2x might make it look like a sell right now...
Analysis Article Feb 20

Robert Half (NYSE:RHI) Will Be Hoping To Turn Its Returns On Capital Around

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Seeking Alpha Feb 13

Robert Half: Business Continues To Struggle With Poor Demand

Summary I reiterate my sell rating for Robert Half stock due to ongoing struggles and an unclear recovery timeline, with 4Q24 results reinforcing this view. RHI's revenue declined for the 8th consecutive quarter, with significant drops in contract staffing and permanent placement segments, despite a slight growth in Protiviti revenue. Margins continue to suffer, with a 260 bps y/y decline in EBIT margin and further downside expected in 1Q25, highlighting negative operating leverage. Valuation at 22x forward earnings appears overly optimistic given the weak outlook and potential structural headwinds, making RHI's stock unattractive without signs of stabilization. Read the full article on Seeking Alpha
Seeking Alpha Feb 01

Robert Half: Weak Margins Weigh On Results Even As Revenue Nears A Floor

Summary Robert Half's stock has underperformed, losing 20% over the past year due to a slowing jobs market, with Q4 results validating macroeconomic concerns. Revenue fell 8% to $1.38 billion, earnings dropped 35%, and margins compressed, reflecting a challenging environment, particularly in the finance and accounting sectors. Despite a strong balance sheet and a 3.1% dividend yield, ongoing macro headwinds, margin pressures, and high valuation suggest further downside, so I maintain a $55 price target. Read the full article on Seeking Alpha
Seeking Alpha Jan 12

Robert Half: Challenging Times Caused By Market Uncertainty

Summary Robert Half faces declining revenues and increasing operational costs as skilled labor demand higher compensation and more flexible working arrangements. The Protiviti business unit shows promise for future growth with a focus on advanced technology skills. Robert Half offers a 3.2% dividend yield growing at 11.3% annually, appealing to income-seeking investors. Persistent macroeconomic headwinds and declining revenues make a near-term recovery unlikely. Read the full article on Seeking Alpha
Analysis Article Dec 02

The Price Is Right For Robert Half Inc. (NYSE:RHI)

With a price-to-earnings (or "P/E") ratio of 26.6x Robert Half Inc. ( NYSE:RHI ) may be sending bearish signals at the...
Seeking Alpha Oct 24

Robert Half Inc.: Still Negative On The Near-Term Performance

Summary I reiterate my sell rating for Robert Half Inc. due to poor near-term earnings outlook and lackluster topline performance. RHI's 3Q24 results showed a 6.3% revenue decline and a 29.2% drop in adjusted EPS, highlighting ongoing challenges. With high market expectations and a forward PE of ~21x, I advise against investing now. Read the full article on Seeking Alpha
Analysis Article Oct 12

Capital Allocation Trends At Robert Half (NYSE:RHI) Aren't Ideal

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Seeking Alpha Oct 03

Robert Half: Further Downside With Results Not Yet At The Bottom

Summary Robert Half has underperformed due to a weaker labor market, with shares declining 7% over the past year despite a recent 10% rebound. The company missed earnings expectations last quarter, with revenue falling 10%, and management expects continued revenue decline and margin pressure. The macroeconomic environment, including a softening labor market and margin pressures, suggests that RHI's earnings growth is unlikely until at least 2026. Despite a strong balance sheet, shares remain expensive, and I recommend selling due to material downside risk and prolonged recovery timeline. Read the full article on Seeking Alpha
Analysis Article Sep 24

Is It Time To Consider Buying Robert Half Inc. (NYSE:RHI)?

While Robert Half Inc. ( NYSE:RHI ) might not have the largest market cap around , it saw a double-digit share price...
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New Narrative Aug 28

Protiviti's Calculated Moves Spark Future Growth Despite Economic Challenges

Implementation of AI and technology innovations indicates potential for higher efficiency and competitive edge, improving future margins.
Seeking Alpha Jul 29

Robert Half Inc.: Weak Business Trends Continue To Persist

Summary Sell rating recommended for Robert Half Inc. due to poor revenue growth outlook and high fixed cost base. 2Q24 results showed a significant decline in revenue and EBIT margins, with a bleak outlook for the near-term due to macroeconomic uncertainties. RHI is trading at a premium valuation compared to its historical average and peers, with potential for multiples to fall if earnings remain poor. Read the full article on Seeking Alpha
Analysis Article Jul 27

Earnings Miss: Robert Half Inc. Missed EPS By 6.9% And Analysts Are Revising Their Forecasts

Shareholders might have noticed that Robert Half Inc. ( NYSE:RHI ) filed its quarterly result this time last week. The...
Analysis Article Jun 14

Robert Half's (NYSE:RHI) Returns On Capital Not Reflecting Well On The Business

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Earnings and Revenue Growth Forecasts

NYSE:RHI - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20285,800254277N/A4
12/31/20275,5492082813469
12/31/20265,3031332963449
3/31/20265,327129218267N/A
12/31/20255,379133267320N/A
9/30/20255,458156237292N/A
6/30/20255,569178285344N/A
3/31/20255,672205310367N/A
12/31/20245,796252354410N/A
9/30/20245,886285317370N/A
6/30/20245,985315365416N/A
3/31/20246,152353507555N/A
12/31/20236,393411591637N/A
9/30/20236,647471678725N/A
6/30/20236,916542683728N/A
3/31/20237,140612625680N/A
12/31/20227,238658623684N/A
9/30/20227,281678566626N/A
6/30/20227,160683616672N/A
3/31/20226,878656562604N/A
12/31/20216,461599567603N/A
9/30/20215,996525461490N/A
6/30/20215,473430377404N/A
3/31/20215,001327511540N/A
12/31/20205,109306563597N/A
9/30/20205,342325602645N/A
6/30/20205,705366645698N/A
3/31/20206,113435456517N/A
12/31/20196,074454N/A520N/A
9/30/20196,019455N/A562N/A
6/30/20195,933453N/A556N/A
3/31/20195,873448N/A583N/A
12/31/20185,800434N/A572N/A
9/30/20185,665368N/A514N/A
6/30/20185,523337N/A459N/A
3/31/20185,375308N/A446N/A
12/31/20175,267291N/A453N/A
9/30/20175,186321N/A470N/A
6/30/20175,199327N/A493N/A
3/31/20175,235338N/A487N/A
12/31/20165,250343N/A442N/A
9/30/20165,290359N/A478N/A
6/30/20165,264365N/A419N/A
3/31/20165,192363N/A432N/A
12/31/20155,095358N/A438N/A
9/30/20155,012348N/A403N/A
6/30/20154,923337N/A403N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RHI's forecast earnings growth (26.8% per year) is above the savings rate (3.5%).

Earnings vs Market: RHI's earnings (26.8% per year) are forecast to grow faster than the US market (16.7% per year).

High Growth Earnings: RHI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RHI's revenue (3.1% per year) is forecast to grow slower than the US market (11.6% per year).

High Growth Revenue: RHI's revenue (3.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RHI's Return on Equity is forecast to be high in 3 years time (20.7%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/14 03:56
End of Day Share Price 2026/05/14 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Robert Half Inc. is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark MarconBaird
Gary BisbeeBarclays
Manav PatnaikBarclays