Valuation Update With 7 Day Price Move • 4h
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to US$41.05, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Professional Services industry in the United Kingdom. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$69.35 per share. New Risk • Jun 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 182% Cash payout ratio: 109% Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Upcoming Dividend • May 18
Upcoming dividend of US$0.59 per share Eligible shareholders must have bought the stock before 22 May 2026. Payment date: 15 June 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.4%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.6%). Declared Dividend • May 03
First quarter dividend of US$0.59 announced Dividend of US$0.59 is the same as last year. Ex-date: 22nd May 2026 Payment date: 15th June 2026 Dividend yield will be 8.8%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not covered by earnings (182% earnings payout ratio). However, it is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 102% to bring the payout ratio under control. EPS is expected to grow by 105% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Duyuru • May 02
Robert Half Inc. announces Quarterly dividend, payable on June 15, 2026 Robert Half Inc. announced Quarterly dividend of USD 0.5900 per share payable on June 15, 2026, ex-date on May 22, 2026 and record date on May 22, 2026. New Risk • Apr 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Dividend is not well covered by earnings (182% payout ratio). Profit margins are more than 30% lower than last year (2.4% net profit margin). Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: US$0.14 (vs US$0.17 in 1Q 2025) First quarter 2026 results: EPS: US$0.14 (down from US$0.17 in 1Q 2025). Revenue: US$1.30b (down 3.8% from 1Q 2025). Net income: US$13.8m (down 21% from 1Q 2025). Profit margin: 1.1% (down from 1.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Duyuru • Apr 17
Robert Half Inc. to Report Q1, 2026 Results on Apr 23, 2026 Robert Half Inc. announced that they will report Q1, 2026 results at 4:05 PM, US Eastern Standard Time on Apr 23, 2026 Duyuru • Apr 13
Robert Half Inc., Annual General Meeting, May 13, 2026 Robert Half Inc., Annual General Meeting, May 13, 2026. Duyuru • Feb 17
Robert Half Promotes Linda Christensen to Senior Vice President of Global Marketing, Effective February 17, 2026 Robert Half has promoted Linda Christensen to senior vice president of global marketing, effective February 17, 2026. Christensen will lead the company's global marketing organization and oversee strategies to strengthen brand positioning, advance marketing capabilities and support long-term growth objectives. Christensen brings more than 30 years of marketing and leadership experience, including more than two decades with Robert Half. Since joining the company, she has focused on aligning marketing strategy with enterprise priorities, accelerating growth and strengthening brand differentiation in competitive global markets. She has led complex, multi-channel programs across global teams, delivering cohesive, high-impact initiatives that enhance customer engagement and support business performance. As senior vice president, Christensen's priorities will include the continued modernization of Robert Half's digital platforms, elevating data-driven marketing capabilities and ensuring marketing strategies align with the company's operating model and growth plans. Declared Dividend • Feb 15
Fourth quarter dividend of US$0.59 announced Dividend of US$0.59 is the same as last year. Ex-date: 25th February 2026 Payment date: 13th March 2026 Dividend yield will be 9.4%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not covered by earnings (178% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 97% to bring the payout ratio under control. EPS is expected to grow by 95% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Duyuru • Feb 13
Robert Half Announces Quarterly Dividend, Payable on March 13, 2026 Robert Half Inc. announced that its board of directors has approved a quarterly cash dividend of $0.59 per share on the company's common stock. The cash dividend is payable on March 13, 2026, to all shareholders of record at the close of business on February 25, 2026. Duyuru • Feb 12
Robert Half Appoints Ryan Skubis as Senior District President Robert Half has appointed Ryan Skubis to senior district president, business operations modernization. In this newly created role, Skubis will lead efforts to strengthen the company's operational infrastructure, advance technology adoption and accelerate strategic initiatives supporting teams and customers worldwide. Skubis joined Robert Half in 1999 and has held numerous leadership roles during his tenure. Most recently, he served as senior district president for talent solutions, overseeing operations across the Southeastern U.S. He has played a key role in several major modernization initiatives, including the expansion of Robert Half's proprietary AI and business development tools. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$32.33, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Professional Services industry in the United Kingdom. Total loss to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$59.40 per share. New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 149% Cash payout ratio: 100% Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Reported Earnings • Jan 30
Full year 2025 earnings released: EPS: US$1.33 (vs US$2.45 in FY 2024) Full year 2025 results: EPS: US$1.33 (down from US$2.45 in FY 2024). Revenue: US$5.38b (down 7.2% from FY 2024). Net income: US$133.0m (down 47% from FY 2024). Profit margin: 2.5% (down from 4.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Duyuru • Jan 24
Robert Half Announces Senior Leadership Promotions Robert Half announced the promotion of three senior leaders. Danti Chen, Ph.D., has been promoted to senior vice president, applications, technology and innovation (ATI), head of data science. Under Chen's leadership, Robert Half has built a world-class data science organization delivering significant business impact. Her team has launched numerous advanced capabilities, including AI Recommended Client (ARC), which leverages predictive analytics to recommend clients and enhance sales strategies. Chen has also driven ongoing advancements in the company's AI-powered matching platform and led the development of generative AI solutions across the organization. Bhavit Desai has been promoted to senior vice president, business transformation. Since joining Robert Half in 2023, Desai has played a critical role in defining and delivering digital products that improve customer experiences and productivity for talent solutions professionals. In his expanded role, Desai will continue to focus on customer-impacting solutions that leverage advanced AI capabilities, including agentic AI. Clint Maples has been promoted to senior vice president and chief information security officer. Since joining Robert Half in 2020, Maples has built a global information security organization grounded in trusted partnerships and a pragmatic, risk-based approach. His leadership has strengthened the firm's security and data protection capabilities while ensuring investments remain aligned with business risk and cost effectiveness. Duyuru • Jan 23
Robert Half Inc. to Report Q4, 2025 Results on Jan 29, 2026 Robert Half Inc. announced that they will report Q4, 2025 results at 4:05 PM, US Eastern Standard Time on Jan 29, 2026 Upcoming Dividend • Nov 18
Upcoming dividend of US$0.59 per share Eligible shareholders must have bought the stock before 25 November 2025. Payment date: 15 December 2025. The company is paying out more than 100% of its profits and is paying out 100% of its cash flow. Trailing yield: 9.0%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.1%). Declared Dividend • Nov 03
Third quarter dividend of US$0.59 announced Shareholders will receive a dividend of US$0.59. Ex-date: 25th November 2025 Payment date: 15th December 2025 Dividend yield will be 9.0%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not covered by earnings (149% earnings payout ratio) nor is it adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 65% to bring the payout ratio under control. EPS is expected to grow by 59% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Duyuru • Oct 31
Robert Half Inc. Announces Quarterly Dividend, Payable on December 15, 2025 Robert Half Inc. announced that its board of directors has approved a quarterly cash dividend of $0.59 per share on the company's common stock. The cash dividend is payable on December 15, 2025, to all shareholders of record at the close of business on November 25, 2025. Duyuru • Oct 23
Robert Half Inc. Provides Earnings Guidance for the Fourth Quarter of 2025 Robert Half Inc. provided earnings guidance for the fourth quarter of 2025. For the period, Company expects Revenues to be $1.245 billion to $1.345 billion and income per share to be $0.25 to $0.35. Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: US$0.43 (vs US$0.64 in 3Q 2024) Third quarter 2025 results: EPS: US$0.43 (down from US$0.64 in 3Q 2024). Revenue: US$1.35b (down 7.5% from 3Q 2024). Net income: US$42.9m (down 34% from 3Q 2024). Profit margin: 3.2% (down from 4.5% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Duyuru • Oct 16
Robert Half Inc. to Report Q3, 2025 Results on Oct 22, 2025 Robert Half Inc. announced that they will report Q3, 2025 results at 4:05 PM, Eastern Daylight on Oct 22, 2025 Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Jana Barsten was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Aug 10
Second quarter dividend of US$0.59 announced Shareholders will receive a dividend of US$0.59. Ex-date: 25th August 2025 Payment date: 15th September 2025 Dividend yield will be 6.7%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio). However, it is covered by cash flows (83% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. EPS is expected to grow by 95% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Duyuru • Aug 06
Robert Half Inc. announces Quarterly dividend, payable on September 15, 2025 Robert Half Inc. announced Quarterly dividend of USD 0.5900 per share payable on September 15, 2025, ex-date on August 25, 2025 and record date on August 25, 2025. Reported Earnings • Jul 24
Second quarter 2025 earnings released: EPS: US$0.41 (vs US$0.66 in 2Q 2024) Second quarter 2025 results: EPS: US$0.41 (down from US$0.66 in 2Q 2024). Revenue: US$1.37b (down 7.0% from 2Q 2024). Net income: US$41.0m (down 40% from 2Q 2024). Profit margin: 3.0% (down from 4.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Duyuru • Jul 17
Robert Half Inc. to Report Q2, 2025 Results on Jul 23, 2025 Robert Half Inc. announced that they will report Q2, 2025 results at 4:05 PM, Eastern Daylight on Jul 23, 2025 Upcoming Dividend • May 19
Upcoming dividend of US$0.59 per share Eligible shareholders must have bought the stock before 23 May 2025. Payment date: 13 June 2025. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 4.9%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (1.9%). Declared Dividend • May 04
First quarter dividend of US$0.59 announced Shareholders will receive a dividend of US$0.59. Ex-date: 23rd May 2025 Payment date: 13th June 2025 Dividend yield will be 4.9%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio). However, it is covered by cash flows (76% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 20% to bring the payout ratio under control. EPS is expected to grow by 86% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Duyuru • May 02
Robert Half Inc. Announces Quarterly Cash Dividend, Payable on June 13, 2025 Robert Half Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.59 per share on the company's common stock. The cash dividend is payable on June 13, 2025, to shareholders of record at the close of business on May 23, 2025. New Risk • Apr 25
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 108% Dividend yield: 5.2% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (108% payout ratio). Profit margins are more than 30% lower than last year (3.6% net profit margin). Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: US$0.17 (vs US$0.61 in 1Q 2024) First quarter 2025 results: EPS: US$0.17 (down from US$0.61 in 1Q 2024). Revenue: US$1.35b (down 8.4% from 1Q 2024). Net income: US$17.4m (down 73% from 1Q 2024). Profit margin: 1.3% (down from 4.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Duyuru • Apr 17
Robert Half Inc. to Report Q1, 2025 Results on Apr 23, 2025 Robert Half Inc. announced that they will report Q1, 2025 results at 4:05 PM, Eastern Daylight on Apr 23, 2025 Duyuru • Apr 14
Robert Half Inc., Annual General Meeting, May 14, 2025 Robert Half Inc., Annual General Meeting, May 14, 2025. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$46.26, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Professional Services industry in the United Kingdom. Total loss to shareholders of 55% over the past three years. Duyuru • Feb 20
Robert Half Appoints Nick Cerise as Chief Marketing Officer Robert Half announced that it has named Nick Cerise its new chief marketing officer. In this role, Cerise will drive global marketing for the company, overseeing digital and web marketing, data analytics, customer insights, and brand strategy. Cerise is a seasoned marketing executive with more than 20 years of global experience and a proven history of driving business growth through cutting-edge, digital-first marketing strategies. As Robert Half evolves to meet the dynamic needs of clients and job seekers, Cerise will be instrumental in driving the company's innovative marketing strategy in an increasingly digital world. Prior to joining Robert Half, Cerise served as chief marketing officer and global head of revenue generation at TTEC. His contributions in this role earned him recognition as one of the "50 Influential Marketing Leaders Changing the Industry" by Comparably. Declared Dividend • Feb 16
Fourth quarter dividend of US$0.59 announced Shareholders will receive a dividend of US$0.59. Ex-date: 25th February 2025 Payment date: 14th March 2025 Dividend yield will be 3.7%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 84% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 30
Full year 2024 earnings released: EPS: US$2.45 (vs US$3.90 in FY 2023) Full year 2024 results: EPS: US$2.45 (down from US$3.90 in FY 2023). Revenue: US$5.80b (down 9.3% from FY 2023). Net income: US$251.6m (down 39% from FY 2023). Profit margin: 4.3% (down from 6.4% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Duyuru • Jan 23
Robert Half Inc. to Report Q4, 2024 Results on Jan 29, 2025 Robert Half Inc. announced that they will report Q4, 2024 results at 4:05 PM, US Eastern Standard Time on Jan 29, 2025 Upcoming Dividend • Nov 18
Upcoming dividend of US$0.53 per share Eligible shareholders must have bought the stock before 25 November 2024. Payment date: 13 December 2024. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.0%). Declared Dividend • Nov 04
Third quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 25th November 2024 Payment date: 13th December 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 65% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Oct 23
Robert Half Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 Robert Half Inc. provided earnings guidance for the fourth quarter of 2024. For the period, company expected revenue to be $1.34 billion to $1.44 billion; income per share to be $0.47 to $0.61. Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: US$0.64 (vs US$0.91 in 3Q 2023) Third quarter 2024 results: EPS: US$0.64 (down from US$0.91 in 3Q 2023). Revenue: US$1.47b (down 6.3% from 3Q 2023). Net income: US$65.5m (down 32% from 3Q 2023). Profit margin: 4.5% (down from 6.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 17% per year. Duyuru • Oct 16
Robert Half Inc. to Report Q3, 2024 Results on Oct 22, 2024 Robert Half Inc. announced that they will report Q3, 2024 results at 4:05 PM, Eastern Daylight on Oct 22, 2024 Duyuru • Sep 23
Robert Half Inc.(NYSE:RHI) dropped from FTSE All-World Index (USD) Robert Half Inc.(NYSE:RHI) dropped from FTSE All-World Index (USD) Upcoming Dividend • Aug 19
Upcoming dividend of US$0.53 per share Eligible shareholders must have bought the stock before 23 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (5.5%). Higher than average of industry peers (1.8%). Declared Dividend • Aug 05
Second quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 23rd August 2024 Payment date: 13th September 2024 Dividend yield will be 3.3%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jul 31
Robert Half Inc. Announces Quarterly Dividend, Payable on September 13, 2024 Robert Half Inc. announced that its board of directors has approved a quarterly cash dividend of $0.53 per share. The cash dividend will be paid on September 13, 2024, to all shareholders of record as of August 23, 2024. Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: US$0.66 (vs US$1.00 in 2Q 2023) Second quarter 2024 results: EPS: US$0.66 (down from US$1.00 in 2Q 2023). Revenue: US$1.47b (down 10% from 2Q 2023). Net income: US$68.2m (down 36% from 2Q 2023). Profit margin: 4.6% (down from 6.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 13% per year. Duyuru • Jul 18
Robert Half Inc. to Report Q2, 2024 Results on Jul 24, 2024 Robert Half Inc. announced that they will report Q2, 2024 results at 4:05 PM, Eastern Daylight on Jul 24, 2024 Duyuru • Jun 24
Robert Half Inc.(NYSE:RHI) dropped from S&P 500 Ex-Financials, Real Estate, Utilities and Transportation Index Robert Half Inc.(NYSE:RHI) dropped from S&P 500 Ex-Financials, Real Estate, Utilities and Transportation Index Declared Dividend • May 06
First quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 23rd May 2024 Payment date: 14th June 2024 Dividend yield will be 2.9%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Apr 28
Robert Half Inc. Provides Earnings Guidance for the Second Quarter of 2024 Robert Half Inc. provided earnings guidance for the second quarter of 2024. revenues $1.45 billion to $1.55 billion. Income per share $0.63 to $0.77. Midpoint revenue of $1.5 billion or 9% lower than the same period in 2023 on an as-adjusted basis. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$0.61 (vs US$1.15 in 1Q 2023) First quarter 2024 results: EPS: US$0.61 (down from US$1.15 in 1Q 2023). Revenue: US$1.48b (down 14% from 1Q 2023). Net income: US$63.7m (down 48% from 1Q 2023). Profit margin: 4.3% (down from 7.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Duyuru • Apr 20
Robert Half Inc. to Report Q1, 2024 Results on Apr 25, 2024 Robert Half Inc. announced that they will report Q1, 2024 results at 4:05 PM, Eastern Daylight on Apr 25, 2024 Duyuru • Apr 13
Robert Half Inc., Annual General Meeting, May 15, 2024 Robert Half Inc., Annual General Meeting, May 15, 2024, at 10:00 Pacific Daylight. Agenda: To elect the nine directors named in the proxy statement; to cast an advisory vote to approve executive compensation; To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2024; To transact such other business as may properly come before the meeting or any postponement or adjournment of the meeting. Duyuru • Mar 16
Robert Half Appoints John Reed as Senior District President for Technology Talent Solutions Robert Half announced that John Reed, a 25-year veteran of global talent solutions and business consulting firm Robert Half, has been named senior district president for technology talent solutions, overseeing operations throughout the Western United States. In this role, Reed will lead Robert Half's technology and marketing and creative practice groups, matching specialized talent with and providing unique consulting solutions for companies across the region. Possessing an extensive background in both technology and talent solutions, Reed brings considerable experience and knowledge to the role. During his tenure with Robert Half, he has held key leadership positions within the technology practice, including regional director, district president and executive director. As executive director he championed many key initiatives and operational best practices for the business. In 2017, building upon on his deep knowledge of customer needs and enterprise capabilities, Reed helped launch Robert Half's managed technology solutions, which offers a strategic blend of talent solutions and consulting services. Reed is also responsible for cultivating partnerships with numerous alliance and professional organizations within Robert Half's network, including the International Association of Microsoft Channel Partners (IAMCP), The Association of IT Professionals (AITP) and HDI, an association for technical support professionals. Recent Insider Transactions • Mar 09
Insider recently sold US$603k worth of stock On the 7th of March, Robert Glass sold around 8k shares on-market at roughly US$80.46 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$3.3m more than they bought in the last 12 months. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$3.90 (vs US$6.08 in FY 2022) Full year 2023 results: EPS: US$3.90 (down from US$6.08 in FY 2022). Revenue: US$6.39b (down 12% from FY 2022). Net income: US$411.1m (down 38% from FY 2022). Profit margin: 6.4% (down from 9.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Declared Dividend • Feb 19
Fourth quarter dividend increased to US$0.53 Dividend of US$0.53 is 10% higher than last year. Ex-date: 22nd February 2024 Payment date: 15th March 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Feb 14
Robert Half Inc. Declares Quarterly Cash Dividend, Payable on March 15, 2024 Robert Half Inc. announced that its board of directors has approved an increase to its quarterly cash dividend, from $0.48 to $0.53 per share. The cash dividend will be paid on March 15, 2024, to all shareholders of record as of Feb. 23, 2024. Reported Earnings • Jan 31
Full year 2023 earnings released: EPS: US$3.90 (vs US$6.08 in FY 2022) Full year 2023 results: EPS: US$3.90 (down from US$6.08 in FY 2022). Revenue: US$6.39b (down 12% from FY 2022). Net income: US$411.1m (down 38% from FY 2022). Profit margin: 6.4% (down from 9.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year. Duyuru • Jan 24
Robert Half Inc. to Report Q4, 2023 Results on Jan 30, 2024 Robert Half Inc. announced that they will report Q4, 2023 results at 4:05 PM, US Eastern Standard Time on Jan 30, 2024 Recent Insider Transactions • Dec 05
Insider recently sold US$1.3m worth of stock On the 30th of November, Robert Glass sold around 15k shares on-market at roughly US$81.46 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$4.0m more than they bought in the last 12 months. Upcoming Dividend • Nov 15
Upcoming dividend of US$0.48 per share at 2.4% yield Eligible shareholders must have bought the stock before 22 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of British dividend payers (6.4%). In line with average of industry peers (2.2%). Duyuru • Oct 31
Robert Half Inc. Announces Quarterly Dividend, Payable on December 15, 2023 Robert Half Inc. announced that its board of directors has approved a quarterly cash dividend of $0.48 per share. The cash dividend will be paid on December 15, 2023, to all shareholders of record as of November 24, 2023. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: US$0.91 (vs US$1.54 in 3Q 2022) Third quarter 2023 results: EPS: US$0.91 (down from US$1.54 in 3Q 2022). Revenue: US$1.56b (down 15% from 3Q 2022). Net income: US$95.5m (down 43% from 3Q 2022). Profit margin: 6.1% (down from 9.1% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in the United Kingdom. Duyuru • Oct 18
Robert Half Inc. to Report Q3, 2023 Results on Oct 24, 2023 Robert Half Inc. announced that they will report Q3, 2023 results at 4:05 PM, Eastern Daylight on Oct 24, 2023 Recent Insider Transactions • Aug 31
Insider recently sold US$1.1m worth of stock On the 29th of August, Robert Glass sold around 15k shares on-market at roughly US$75.15 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$3.8m more than they bought in the last 12 months. Duyuru • Aug 18
Robert Half Inc. Elects Jana L. Barsten as Director, Effective as of December 15, 2023 On August 17, 2023, the Board of Directors of Robert Half Inc. elected Jana L. Barsten to serve as a director of the Company effective as of December 15, 2023. Ms. Barsten is an audit partner with KPMG LLP in its Silicon Valley office; she has held this position for 21 years. Ms. Barsten has 37 years of experience in public accounting with a focus on internet, software and service industries. She serves as a member of KPMG’s global technology, media and telecommunications board and serves as the Global Audit Sector Leader for KMPG’s Technology Industry practice. Ms. Barsten will be retiring from KPMG on September 30, 2023. Ms. Barsten has entered into the Company’s customary indemnification agreement for its directors. The Board has not yet determined on which committee or committees of the Board Ms. Barsten will serve. Upcoming Dividend • Aug 17
Upcoming dividend of US$0.48 per share at 2.6% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (6.1%). In line with average of industry peers (2.4%). Duyuru • Aug 01
Robert Half Inc. Approves A Quarterly Cash Dividend, Payable on September 15, 2023 Robert Half Inc. announced that its board of directors has approved a quarterly cash dividend of $0.48 per share. The cash dividend will be paid on September 15, 2023, to all shareholders of record as of August 25, 2023. Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: US$1.00 (vs US$1.62 in 2Q 2022) Second quarter 2023 results: EPS: US$1.00 (down from US$1.62 in 2Q 2022). Revenue: US$1.64b (down 12% from 2Q 2022). Net income: US$106.3m (down 40% from 2Q 2022). Profit margin: 6.5% (down from 9.4% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 21
Robert Half Inc. to Report Q2, 2023 Results on Jul 25, 2023 Robert Half Inc. announced that they will report Q2, 2023 results at 4:05 PM, Eastern Daylight on Jul 25, 2023 Board Change • May 23
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Marnie Wilking was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 19
Protiviti's Joseph Tarantino Names Robert Half Executive Officer ROBERT HALF INTERNATIONAL INC ("RHI-N;RHJ-F") - Protiviti's Joseph Tarantino Named a Robert Half Executive Officer. Global talent solutions and business consulting firm Robert Half announced that Joseph Tarantino has been named an RHI executive officer. He will also continue to serve in his current capacity as president and CEO of Protiviti, Robert Half's global business consulting subsidiary. Under Tarantino's leadership, Protiviti has consistently been named to the Fortune100 Best Companiesto Work Forand Consulting magazine 'Best Firms to Work For' lists. Tarantino has also received several individual accolades, including being recognized by Glassdoor as one of its Top CEOs and named three times to the NACD (National Association of Corporate Directors) Directorship 100 in the Governance Professionals category. As a leader committed to advancing diversity, equity and inclusion, Tarantino is a signatory of theCEO Action for Diversity &Inclusion and theCatalyst CEO Champions for Change. He currently serves on the board for Calvary Hospital in New York and the board of trustees for St. John's University. Upcoming Dividend • May 18
Upcoming dividend of US$0.48 per share at 2.9% yield Eligible shareholders must have bought the stock before 24 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.4%). Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: US$1.15 (vs US$1.54 in 1Q 2022) First quarter 2023 results: EPS: US$1.15 (down from US$1.54 in 1Q 2022). Revenue: US$1.72b (down 5.4% from 1Q 2022). Net income: US$122.0m (down 28% from 1Q 2022). Profit margin: 7.1% (down from 9.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 08
Insider recently sold US$1.0m worth of stock On the 3rd of March, Robert Glass sold around 13k shares on-market at roughly US$80.95 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$8.2m more than they bought in the last 12 months. Recent Insider Transactions • Feb 26
Independent Director recently sold US$278k worth of stock On the 22nd of February, Dirk Kempthorne sold around 3k shares on-market at roughly US$80.54 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.2m more than they bought in the last 12 months. Upcoming Dividend • Feb 16
Upcoming dividend of US$0.48 per share at 2.3% yield Eligible shareholders must have bought the stock before 23 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (5.5%). In line with average of industry peers (2.3%). Duyuru • Feb 10
Robert Half International Inc. Approves Quarterly Dividend, Payable on March 15, 2023 Robert Half International Inc. announced that its board of directors has approved an increase to its quarterly cash dividend, from $0.43 to $0.48 per share. The cash dividend will be paid on March 15, 2023, to all shareholders of record as of February 24, 2023. Duyuru • Jan 28
Robert Half International Inc. Announces Executive Promotes Robert Half International Inc. has promoted Alexandra Von Tiergarten and Tony Uyehara to district president. They will oversee various operations for Robert Half's professional talent solutions in California and the Southwestern United States. Von Tiergarten joined Robert Half in 2003 and has since held several leadership roles, most recently serving as senior regional vice president for professional talent solutions in Los Angeles. During her tenure, she has received multiple awards for outstanding achievement and leadership. As district president, Von Tiergarten will lead Robert Half's finance and accounting, healthcare, administrative, and contract and consulting practice groups, matching specialized talent with companies throughout the greater Los Angeles area. In his nearly 20 years at Robert Half, Uyehara has also held several leadership positions and received multiple awards for outstanding achievement and leadership. In his new role, he will lead operations for Robert Half's management resources practice group -- providing senior and management-level finance, accounting and business systems professionals on a project and interim basis -- in Northern and Southern California, Arizona and Utah. Reported Earnings • Jan 27
Full year 2022 earnings released: EPS: US$6.08 (vs US$5.42 in FY 2021) Full year 2022 results: EPS: US$6.08 (up from US$5.42 in FY 2021). Revenue: US$7.24b (up 12% from FY 2021). Net income: US$657.9m (up 9.9% from FY 2021). Profit margin: 9.1% (down from 9.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 6.6% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 20
Robert Half International Inc. to Report Q4, 2022 Results on Jan 26, 2023 Robert Half International Inc. announced that they will report Q4, 2022 results at 4:05 PM, Eastern Standard Time on Jan 26, 2023 Board Change • Jan 05
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Director Marnie Wilking was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 16
Insider recently sold US$1.2m worth of stock On the 11th of November, Robert Glass sold around 15k shares on-market at roughly US$80.84 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.5m more than they bought in the last 12 months. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Director Marnie Wilking was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Oct 22
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 6.2%. The fair value is estimated to be US$93.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 0.9% per annum. Earnings is forecast to decline by 8.5% per annum over the same time period. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: US$1.54 (vs US$1.55 in 3Q 2021) Third quarter 2022 results: EPS: US$1.54 (down from US$1.55 in 3Q 2021). Revenue: US$1.83b (up 7.1% from 3Q 2021). Net income: US$166.2m (down 2.7% from 3Q 2021). Profit margin: 9.1% (in line with 3Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 6.0% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Oct 05
Now 20% undervalued Over the last 90 days, the stock is up 1.9%. The fair value is estimated to be US$98.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 0.6% per annum. Earnings is forecast to decline by 9.1% per annum over the same time period. Recent Insider Transactions • Aug 19
Independent Director recently sold US$216k worth of stock On the 17th of August, Dirk Kempthorne sold around 3k shares on-market at roughly US$81.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$5.4m more than they bought in the last 12 months. Upcoming Dividend • Aug 17
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 24 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (5.1%). In line with average of industry peers (2.1%). Buying Opportunity • Aug 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be US$98.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings is forecast to decline by 11% per annum over the same time period. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: US$1.62 (vs US$1.35 in 2Q 2021) Second quarter 2022 results: EPS: US$1.62 (up from US$1.35 in 2Q 2021). Revenue: US$1.86b (up 18% from 2Q 2021). Net income: US$175.8m (up 18% from 2Q 2021). Profit margin: 9.4% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 5.9%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. 
