•
Dec 31, 2021

Robert Half Q4 2021 Earnings Report

Robert Half's financial performance for Q4 2021 showed significant growth, with revenues and net income increasing substantially compared to the previous year.

Key Takeaways

Robert Half reported a strong fourth quarter in 2021, with revenues reaching $1.770 billion and net income at $168 million, or $1.51 per share. This represents a significant increase compared to the prior year's fourth quarter, driven by broad-based demand across staffing and business consulting businesses. The company's permanent placement and Protiviti operations showed exceptional growth, contributing to the overall positive results.

Q4 revenues increased by 36% year-over-year, exceeding guidance.

Net income for Q4 grew by 78% compared to the prior year.

Permanent placement revenues increased by 73% year-over-year.

Protiviti revenues increased by 37% year-over-year.

Total Revenue
$1.77B
Previous year: $1.3B
+35.7%
EPS
$1.51
Previous year: $0.84
+79.8%
Gross Profit
$744M
Previous year: $514M
+44.7%
Cash and Equivalents
$619M
Previous year: $574M
+7.8%
Free Cash Flow
$133M
Previous year: $27.4M
+385.8%
Total Assets
$2.95B
Previous year: $2.56B
+15.4%

Robert Half

Robert Half

Robert Half Revenue by Segment

Forward Guidance

Robert Half begins the new year with tremendous momentum and optimism, remaining focused on connecting people to meaningful work and providing clients with talent and expertise.

Positive Outlook

  • Tremendous momentum
  • Optimism for the new year
  • Laser focus on corporate purpose
  • Commitment to diversity, equity, and inclusion
  • Recent recognition for DEI efforts