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Dec 31, 2022

Robert Half Q4 2022 Earnings Report

Robert Half's financial performance declined in Q4 2022 compared to the previous year, with decreases in revenue and net income.

Key Takeaways

Robert Half International Inc. reported a decrease in revenue and net income for the fourth quarter ended December 31, 2022. Net income was $148 million, or $1.37 per share, on revenues of $1.727 billion, compared to the prior year's fourth quarter net income of $168 million, or $1.51 per share, on revenues of $1.770 billion.

Robert Half's Q4 2022 net income was $148 million, or $1.37 per share.

Q4 2022 revenues reached $1.727 billion.

Full-year revenues and earnings per share grew by more than 12 percent.

All major practice areas, including contract, permanent placement, and Protiviti, achieved all-time highs for the year.

Total Revenue
$1.73B
Previous year: $1.77B
-2.4%
EPS
$1.37
Previous year: $1.51
-9.3%
Gross Profit
$719M
Previous year: $744M
-3.4%
Cash and Equivalents
$659M
Previous year: $619M
+6.4%
Free Cash Flow
$190M
Previous year: $133M
+42.6%
Total Assets
$2.96B
Previous year: $2.95B
+0.4%

Robert Half

Robert Half

Robert Half Revenue by Segment

Forward Guidance

Robert Half enters 2023 optimistic about its ability to navigate the uncertain global macroeconomic environment and the tight labor markets around the world.