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Dec 31, 2020

Robert Half Q4 2020 Earnings Report

Reported strong fourth-quarter financial results, exceeding guidance range.

Key Takeaways

Robert Half International Inc. reported net income of $94 million, or $.84 per share, on revenues of $1.304 billion for the quarter ended December 31, 2020. The company's Protiviti and staffing operations showed very strong results, exceeding the top end of guidance.

Protiviti reported its 13th consecutive quarter of year-on-year revenue gains.

Technology consulting practice and managed solutions with staffing showed particular strength.

Staffing operations reported broad-based, double-digit, quarter-on-quarter sequential revenue growth on an as-adjusted basis.

Return on invested capital for the company was 31 percent in the fourth quarter.

Total Revenue
$1.3B
Previous year: $1.54B
-15.2%
EPS
$0.84
Previous year: $0.98
-14.3%
Gross Profit
$514M
Previous year: $639M
-19.5%
Cash and Equivalents
$574M
Previous year: $270M
+112.4%
Free Cash Flow
$27.4M
Previous year: $66.3M
-58.7%
Total Assets
$2.56B
Previous year: $2.31B
+10.6%

Robert Half

Robert Half

Robert Half Revenue by Segment

Forward Guidance

Robert Half management will conduct a conference call today at 5 p.m. EST.