RHI Robert Half International, Inc.
Robert Half International, Inc. engages in the provision of staffing and risk consulting services. It operates through the following segments: Temporary and Consultant Staffing, Permanent Placement Staffing and Risk Consulting & Internal Audit Services. The Temporary and Consultant Staffing segment offers staffing in the accounting and finance, administrative and office, information technology, legal, advertising, marketing, and web design fields. The Permanent Placement Staffing segment provides full-time personnel in the accounting, finance, administrative & office and information technology fields. The Risk Consulting and Internal Audit Services segment comprises business and technology risk consulting and internal audit services. The company was founded by Robert Half in 1948 and is headquartered in Menlo Park, CA.
Company profile
Ticker
RHI
Exchange
Website
CEO
Michael Keith Waddell
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Half Robert International Inc
SEC CIK
Corporate docs
IRS number
941648752
RHI stock data
()
Calendar
6 May 20
10 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 1.51B | 1.54B | 1.55B | 1.52B | |
| Net income | 89.92M | 112.84M | 117.18M | 114.61M | |
| Diluted EPS | 0.79 | 0.98 | 1.01 | 0.98 | |
| Net profit margin | 5.97% | 7.34% | 7.55% | 7.56% | |
| Operating income | 131.14M | 153.23M | 162.89M | 159.4M | |
| Net change in cash | -20.56M | -42.26M | 43.3M | -205K | |
| Cash on hand | 249.91M | 270.48M | 312.74M | 269.44M | |
| Cost of revenue | 895.97M | 898.44M | 905.69M | 878.84M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 6.07B | 5.8B | 5.27B | 5.25B | |
| Net income | 454.43M | 434.29M | 290.58M | 343.39M | |
| Diluted EPS | 3.9 | 3.57 | 2.33 | 2.67 | |
| Net profit margin | 7.48% | 7.49% | 5.52% | 6.54% | |
| Operating income | 621.75M | 588.93M | 517.28M | 554.46M | |
| Net change in cash | -6.1M | -18.17M | 34.55M | 35.62M | |
| Cash on hand | 270.48M | 276.58M | 294.75M | 260.2M | |
| Cost of revenue | 3.54B | 3.39B | 3.1B | 3.09B |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 20 May 20 | Coronado Julia Lynn | Common Stock | Grant | Aquire A | No | 0 | 5,707 | 0 | 10,651 |
| 20 May 20 | Richman Frederick A | Common Stock | Grant | Aquire A | No | 0 | 5,707 | 0 | 50,429 |
| 20 May 20 | Pace Robert J | Common Stock | Grant | Aquire A | No | 0 | 5,707 | 0 | 96,843 |
| 20 May 20 | Morial Marc | Common Stock | Grant | Aquire A | No | 0 | 5,707 | 0 | 28,197 |
| 20 May 20 | Novogradac Barbara J | Common Stock | Grant | Aquire A | No | 0 | 5,707 | 0 | 139,165 |
Institutional ownership Q1 2020
91.0% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 425 |
| Opened positions | 60 |
| Closed positions | 89 |
| Increased positions | 140 |
| Reduced positions | 168 |
13F shares |
Current |
|---|---|
| Total value | 63.31B |
| Total shares | 104.29M |
| Total puts | 85.3K |
| Total calls | 133.5K |
| Total put/call ratio | 0.6 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 14.27M | $538.61M |
| BLK BlackRock | 11.75M | $443.54M |
| BAC Bank of America | 8.06M | $304.12M |
| STT State Street | 5.13M | $193.77M |
| Aqr Capital Management | 4.65M | $175.51M |
| Swedbank | 2.66M | $100.3M |
| Geode Capital Management | 2.57M | $96.93M |
| BK Bank Of New York Mellon | 2.51M | $94.9M |
| Boston Partners | 2.47M | $93.07M |
| NTRS Northern Trust | 1.79M | $67.45M |
Financial report summary
?Management Discussion
- Demand for the Company’s temporary and consulting staffing, permanent placement staffing, and risk consulting and internal audit services is largely dependent upon general economic and labor market conditions both domestically and abroad. Because of the inherent difficulty in predicting economic trends and the absence of material long-term contracts in any of the Company’s business units, future demand for the Company’s services cannot be forecast with certainty. The Company’s investments in technology have allowed its internal staff to remain fully functional during this pandemic. We believe the Company is well positioned to meet the demand of our customers.
- Temporary and consultant staffing and risk consulting and internal audit services had modest growth, slightly offset by a decline in permanent placement staffing during the first quarter. Robert Half Technology and Robert Half Management Resources divisions turned in solid results during the first quarter. Protiviti had a strong quarter, posting double-digit, year-on-year revenue gains for the eighth consecutive quarter.
- The Company’s temporary and permanent placement staffing business has 327 offices in 42 states, the District of Columbia and 17 foreign countries, while Protiviti has 62 offices in 23 states and 11 foreign countries.
Content analysis
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New words:
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Removed:
added, Agreement, approach, approval, August, bear, borrowing, capitalizing, Certificate, Certification, classification, classify, collateralized, combined, commencement, Commencing, competition, conducive, contractual, creating, declined, determining, discount, discounted, duly, element, exceeded, exclude, Exhibit, expiration, expired, facility, favorable, February, forgo, formatted, grew, Historically, Identification, implicit, incorporated, Incorporation, incremental, initial, initially, Interbank, job, keith, leasing, led, lender, London, manner, modestly, noncurrent, obligation, obtain, obtained, package, portfolio, positively, practical, prepayment, present, reassessment, reclassified, recognize, renew, repay, request, residual, restated, restrictive, robust, ROU, strongest, talent, termination, thereunto, uncollectible, uncommitted, underlying, undersigned, unfavorably, waddell, XBRL
Financial reports
10-Q/A
2020 Q1
Quarterly report (amended)
6 May 20
10-Q
2020 Q1
Quarterly report
4 May 20
10-K
2019 FY
Annual report
14 Feb 20
10-Q
2019 Q3
Quarterly report
12 Nov 19
10-Q
2019 Q2
Quarterly report
2 Aug 19
10-Q
2019 Q1
Quarterly report
6 May 19
10-K
2018 FY
Annual report
15 Feb 19
10-Q
2018 Q3
Quarterly report
1 Nov 18
10-Q
2018 Q2
Quarterly report
2 Aug 18
10-Q
2018 Q1
Quarterly report
3 May 18
Current reports
8-K
Submission of Matters to a Vote of Security Holders
22 May 20
8-K
Entry into a Material Definitive Agreement
15 May 20
8-K
Robert Half Reports First-quarter Financial Results
23 Apr 20
8-K
Departure of Directors or Certain Officers
13 Feb 20
8-K
Robert Half Reports Fourth-quarter and Year-end Financial Results
30 Jan 20
8-K
Departure of Directors or Certain Officers
7 Nov 19
8-K
Results of Operations and Financial Condition
23 Oct 19
8-K
Results of Operations and Financial Condition
23 Jul 19
8-K
Departure of Directors or Certain Officers
24 May 19
8-K
Results of Operations and Financial Condition
23 Apr 19
Registration and prospectus
S-8
Registration of securities for employees
29 May 19
S-8
Registration of securities for employees
27 May 14
S-8
Registration of securities for employees
19 May 08
S-8
Registration of securities for employees
19 May 05
S-8
Registration of securities for employees
26 Aug 02
S-8
Registration of securities for employees
21 Dec 01
S-8
Registration of securities for employees
27 Jul 01
S-8
Registration of securities for employees
27 Jul 01
S-8
Registration of securities for employees
16 Nov 00
S-8
Registration of securities for employees
16 Nov 00
Proxies
DEFA14A
Additional proxy soliciting materials
15 Apr 20
DEF 14A
Definitive proxy
15 Apr 20
DEF 14A
Definitive proxy
18 Apr 19
DEFA14A
Additional proxy soliciting materials
15 May 18
DEFA14A
Additional proxy soliciting materials
7 May 18
DEF 14A
Definitive proxy
18 Apr 18
DEF 14A
Definitive proxy
19 Apr 17
DEF 14A
Definitive proxy
15 Apr 16
DEF 14A
Definitive proxy
21 Apr 15
DEF 14A
Definitive proxy
22 Apr 14
Other
UPLOAD
Letter from SEC
5 Jun 15
CORRESP
Correspondence with SEC
13 May 15
UPLOAD
Letter from SEC
29 Apr 15
UPLOAD
Letter from SEC
3 Jun 10
CORRESP
Correspondence with SEC
25 May 10
UPLOAD
Letter from SEC
12 May 10
UPLOAD
Letter from SEC
16 Oct 09
CORRESP
Correspondence with SEC
7 Oct 09
UPLOAD
Letter from SEC
23 Sep 09
CORRESP
Correspondence with SEC
10 Sep 09
Ownership
4
ROBERT HALF INTERNATIONAL / Dirk A Kempthorne ownership change
21 May 20
4
ROBERT HALF INTERNATIONAL / Barbara J Novogradac ownership change
21 May 20
4
ROBERT HALF INTERNATIONAL / Robert J Pace ownership change
21 May 20
4
ROBERT HALF INTERNATIONAL / Frederick A Richman ownership change
21 May 20
4
ROBERT HALF INTERNATIONAL / Marc Morial ownership change
21 May 20
4
ROBERT HALF INTERNATIONAL / Julia Lynn Coronado ownership change
21 May 20
SC 13G/A
ROBERT HALF INTERNATIONAL / BlackRock ownership change
9 Apr 20
4
ROBERT HALF INTERNATIONAL / HAROLD M MESSMER JR ownership change
31 Mar 20
4
ROBERT HALF INTERNATIONAL / M KEITH WADDELL ownership change
31 Mar 20
4
ROBERT HALF INTERNATIONAL / PAUL F GENTZKOW ownership change
31 Mar 20