Financials Robert Half International, Inc

Equities

RHI

US7703231032

Employment Services

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
69.35 USD -1.77% Intraday chart for Robert Half International, Inc -1.25% -21.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,202 7,010 12,208 7,881 9,156 7,168 - -
Enterprise Value (EV) 1 6,932 6,435 11,589 7,222 8,424 6,398 6,471 6,314
P/E ratio 16.2 x 23.1 x 20.8 x 12.2 x 22.7 x 23 x 17.4 x 13 x
Yield 1.96% 2.18% 1.36% 2.33% 2.18% 2.86% 2.81% 2.7%
Capitalization / Revenue 1.19 x 1.37 x 1.89 x 1.09 x 1.43 x 1.19 x 1.1 x 1.02 x
EV / Revenue 1.14 x 1.26 x 1.79 x 1 x 1.32 x 1.07 x 0.99 x 0.9 x
EV / EBITDA 10.1 x 13.3 x 13.5 x 7.7 x 13.9 x 13.2 x 10.2 x 7.54 x
EV / FCF 15.1 x 11.8 x 20.5 x 11.6 x 13.5 x 14.9 x 13.1 x 10.9 x
FCF Yield 6.64% 8.46% 4.89% 8.62% 7.42% 6.7% 7.63% 9.14%
Price to Book 6.36 x 5.86 x 8.94 x 5.07 x 5.87 x 4.64 x 4.21 x 3.5 x
Nbr of stocks (in thousands) 114,046 112,189 109,472 106,741 104,138 103,360 - -
Reference price 2 63.15 62.48 111.5 73.83 87.92 69.35 69.35 69.35
Announcement Date 1/30/20 1/28/21 1/27/22 1/26/23 1/30/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,074 5,109 6,461 7,238 6,393 6,001 6,534 7,011
EBITDA 1 686 484 860.3 938 606.9 486.1 634.9 837.7
EBIT 1 620.4 420.5 805.8 888.9 552.6 413.1 572.4 755.7
Operating Margin 10.21% 8.23% 12.47% 12.28% 8.64% 6.88% 8.76% 10.78%
Earnings before Tax (EBT) 1 625.5 421.9 803.8 897 576.6 441.8 592.8 776.6
Net income 1 454.4 306.3 598.6 657.9 411.1 316 415.4 528.2
Net margin 7.48% 5.99% 9.26% 9.09% 6.43% 5.27% 6.36% 7.53%
EPS 2 3.900 2.700 5.360 6.030 3.880 3.017 3.996 5.325
Free Cash Flow 1 460.2 544.8 566.5 622.6 625.2 428.8 493.6 577
FCF margin 7.58% 10.66% 8.77% 8.6% 9.78% 7.14% 7.55% 8.23%
FCF Conversion (EBITDA) 67.08% 112.54% 65.85% 66.38% 103.02% 88.21% 77.74% 68.88%
FCF Conversion (Net income) 101.26% 177.86% 94.64% 94.64% 152.05% 135.68% 118.81% 109.25%
Dividend per Share 2 1.240 1.360 1.520 1.720 1.920 1.982 1.947 1.873
Announcement Date 1/30/20 1/28/21 1/27/22 1/26/23 1/30/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,713 1,770 1,815 1,863 1,833 1,727 1,716 1,639 1,564 1,473 1,476 1,499 1,518 1,505 1,598
EBITDA 1 240.8 234.8 238.7 252.4 235.6 211.4 177.5 159.1 142.7 127.6 97.58 115.5 131 133.3 136.9
EBIT 1 227.4 222.6 227.2 240.1 223.3 198.3 164.1 145.9 129.2 113.4 84.27 97.54 113 115.4 120.1
Operating Margin 13.28% 12.58% 12.52% 12.89% 12.18% 11.48% 9.56% 8.9% 8.26% 7.7% 5.71% 6.51% 7.44% 7.67% 7.52%
Earnings before Tax (EBT) 1 227.7 222.1 227.4 240.8 225.6 203.1 168.9 151.2 136.3 120.1 90.69 103.9 120.1 127.1 126.2
Net income 1 170.9 167.9 168.2 175.8 166.2 147.7 122 106.3 95.54 87.3 63.7 73.73 88.48 89.87 88.9
Net margin 9.98% 9.49% 9.27% 9.44% 9.07% 8.55% 7.11% 6.48% 6.11% 5.93% 4.32% 4.92% 5.83% 5.97% 5.56%
EPS 2 1.530 1.510 1.520 1.600 1.530 1.370 1.140 1.000 0.9000 0.8300 0.6100 0.7174 0.8199 0.8602 0.8092
Dividend per Share 2 0.3800 0.3800 - 0.4300 0.4300 0.4300 0.4800 0.4800 0.4800 0.4800 0.4200 0.4200 0.4200 0.4200 0.4200
Announcement Date 10/21/21 1/27/22 4/26/22 7/21/22 10/20/22 1/26/23 4/26/23 7/25/23 10/24/23 1/30/24 4/25/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 270 574 619 659 732 770 697 854
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 460 545 567 623 625 429 494 577
ROE (net income / shareholders' equity) 41.2% 26.1% 46.3% 44.6% 26% 20.9% 27.6% 27.9%
ROA (Net income/ Total Assets) 21.6% 12.6% 21.7% 22.2% 13.8% 10.2% 13.7% -
Assets 1 2,107 2,434 2,755 2,958 2,988 3,085 3,038 -
Book Value Per Share 2 9.930 10.70 12.50 14.60 15.00 14.90 16.50 19.80
Cash Flow per Share 2 4.460 5.260 5.400 6.260 6.000 5.140 4.950 -
Capex 1 59.5 33.4 36.6 61.1 45.9 80.3 72.3 84
Capex / Sales 0.98% 0.65% 0.57% 0.84% 0.72% 1.34% 1.11% 1.2%
Announcement Date 1/30/20 1/28/21 1/27/22 1/26/23 1/30/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
13
Last Close Price
69.35 USD
Average target price
71.09 USD
Spread / Average Target
+2.51%
Consensus
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