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Mar 31, 2021

Robert Half Q1 2021 Earnings Report

Robert Half's first quarter results exceeded guidance, reflecting a broad-based recovery.

Key Takeaways

Robert Half International Inc. reported a net income of $111 million, or $0.98 per share, on revenues of $1.398 billion for the quarter ended March 31, 2021. Protiviti's revenues grew 35 percent year-on-year, and permanent placement grew 22 percent sequentially.

First quarter results exceeded the high end of guidance.

Protiviti’s revenues grew 35 percent year-on-year.

Staffing operations significantly outperformed historical sequential trends.

Permanent placement grew 22 percent sequentially.

Total Revenue
$1.4B
Previous year: $1.51B
-7.2%
EPS
$0.98
Previous year: $0.79
+24.1%
Gross Profit
$562M
Previous year: $611M
-8.0%
Cash and Equivalents
$498M
Previous year: $250M
+99.2%
Free Cash Flow
$58.3M
Previous year: $111M
-47.3%
Total Assets
$2.57B
Previous year: $2.27B
+12.8%

Robert Half

Robert Half

Robert Half Revenue by Segment