# Robert Half Inc. (RHI)

> Source: Nexqual · https://nexqual.com/RHI · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Robert Half Inc. (RHI), nexqual.com/RHI" · informational, not investment advice.

**Price:** USD 37.68 (+8.78% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 34.64 · day 34.83–37.87 · 52w 21.83–46.7 · market cap $3.86B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $5.29B, net income $115M (2.2% margin), free cash flow $215M (SEC filings).
- Valuation: P/E 33.6x (avg 24.0x at the last 3 fiscal year-ends).
- 2 of 80 tracked superinvestors hold RHI (13F, Q2 2026): 0 new, 2 added, 0 reduced, 0 unchanged.
- Analysts: Hold (mean 3.09 on a 1–5 scale) (11 analysts), mean target USD 35.78 (range 20–53).
- Total return with dividends: 1Y +39.8% vs S&P 500 +14.9%; 5Y -59.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-22, EPS estimate USD 0.39, revenue estimate $1.32B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $6.46B | $7.24B | $6.39B | $5.80B | $5.38B | $5.29B |
| Gross profit | $2.70B | $3.09B | $2.58B | $2.25B | $2.00B | — |
| Operating income | $806M | $891M | $465M | $241M | $76.5M | $10.7M |
| Net income | $599M | $658M | $411M | $252M | $133M | $115M |
| EPS (diluted) | $5.36 | $6.03 | $3.88 | $2.44 | $1.33 | — |
| Free cash flow | $567M | $623M | $591M | $354M | $267M | $215M |
| Gross margin | 41.7% | 42.7% | 40.3% | 38.8% | 37.2% | — |
| Operating margin | 12.5% | 12.3% | 7.3% | 4.2% | 1.4% | 0.2% |
| Net margin | 9.3% | 9.1% | 6.4% | 4.3% | 2.5% | 2.2% |
| Revenue growth | +26.5% | +12.0% | -11.7% | -9.3% | -7.2% | — |
| Cash + short-term investments | $619M | $659M | $732M | $538M | $464M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 33.6x · P/S 0.7x · P/FCF 17.9x · P/B 3.2x · FCF yield 5.58% · Earnings yield 2.98% · Dividend yield (paid, TTM) 6.18% · Buyback yield (TTM) 0.72%
P/E at fiscal year-ends: Dec 2025 20.5x, Dec 2024 28.9x, Dec 2023 22.7x.

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold RHI. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Third Avenue Management |  | 5.93% | $37.1M | Added +33.7% |
| Richard Pzena | Pzena Investment Management | 0.56% | $191M | Added +4.3% |

## Analysts
Consensus Hold (mean 3.09 on a 1–5 scale), 11 analysts; mean target USD 35.78 (low 20, high 53).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-24 | Goldman Sachs | Target raised | Sell | $26 → $29 |
| 2026-07-22 | Truist Securities | Target raised | Buy | $40 → $50 |
| 2026-07-14 | Goldman Sachs | Target raised | Sell | $23 → $26 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +39.8% | -59.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +39.9% | -16.4% |
| Volatility (annualized) | 58.3% | 37.7% |
| Max drawdown | -35.2% (Jan 2026→Mar 2026) | -78.4% (Feb 2022→Mar 2026) |

## Peers (Staffing & Employment Services)
TNET (TriNet Group, Inc.) USD 74.62 +5.05% · KFY (Korn Ferry) USD 76.35 +4.49% · MAN (ManpowerGroup) USD 46.6 +4.39% · NSP (Insperity, Inc.) USD 53.48 +6.58% · KFRC (Kforce, Inc.) USD 53.66 +4.40% · KELYB (Kelly Services, Inc.) USD 26 +0.00%

## More
Full page: https://nexqual.com/RHI · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | $0.39 | $0.39 | -0.2% | $1.32B | 8 |
| Next quarter (ends 2027-03-31) | $0.30 | $0.31 | -2.9% | $1.33B | 5 |
| Current fiscal year (ends 2026-12-31) | $1.28 | $1.27 | +0.4% | $5.32B | 9 |
| Next fiscal year (ends 2027-12-31) | $2.02 | $1.97 | +2.7% | $5.54B | 8 |