# Robert Half Inc. (RHI) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Professional Services. Price $42.58, market value $4.4 billion.

## Valuation
- **P/E (trailing): 37.0×** (5-yr avg 18.6×, 3-yr avg 21.7×). Robert Half Inc. trades at 37.0× trailing earnings, well above its own five-year average of 18.6×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 21.6×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.8×**. Each dollar of revenue is priced at 0.8×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 3.5×**. The shares trade at 3.5× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 4.9%** (5-yr avg 7.5%). Free cash flow equals 4.9% of the market value, below its five-year average of 7.5%, so the shares are pricier on cash than usual.
- **Earnings yield: 2.7%**. The inverse of the P/E: 2.7% of the price is earned each year.

## Profitability
- **Gross margin: 36.8%**. Robert Half Inc. keeps 36.8% of revenue after the direct cost of what it sells.
- **Operating margin: 0.2%**. 0.2% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 2.5%**. 2.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.4%**. 10.4% on shareholders' equity is solid.
- **Return on invested capital: 1.0%**. Return on all capital, debt included, is 1.0%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 4.0%**. Each dollar of assets produces 4.0% of profit.

## Growth
- **Revenue growth (1 yr): -7.2%** (3-yr -9.4%/yr, 5-yr 1.0%/yr). Revenue fell 7.2% over the last year, against 1.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -45.5%** (3-yr -39.6%/yr, 5-yr -13.2%/yr). Earnings per share fell 45.5%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -24.6%/yr**. Free cash flow has compounded at -24.6% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Current ratio: 1.53** (quick 1.53). Current assets cover the next year's liabilities 1.53 times.
- **Altman Z-score: 4.56**. A Z-score of 4.56 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.54%** ($2.36 per share, trailing). Robert Half Inc. yields 5.54%, an income-level yield.
- **Payout ratio: 179%** (111% of free cash flow). The dividend exceeds earnings (179% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 22**. 22 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 11.7%/yr** (1-yr 11.3%). The dividend has compounded at 11.7% a year over five years, doubling roughly every 6 years at that pace.

## Price and momentum
- **Total return (1 yr): 22.2%** (YTD 64.4%, 3-mo 36.2%). The shares are up 22.2% over twelve months including dividends.
- **From 52-week high: -8.8%** (95.1% above the low). Trading 9% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): 0.40** (volatility 59%). Beta of 0.40 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RHI · Page: https://foliofundamentals.com/stocks/rhi

Not investment advice.