NYSE$RHI

Robert Half Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Robert Half's Q3 2021 financial performance was reported, showcasing record revenues and earnings driven by strong demand for staffing and consulting services.

Robert Half International Inc. reported record revenues and earnings for the third quarter ended September 30, 2021. Net income was $171 million, or $1.53 per share, on revenues of $1.713 billion. The company's permanent placement and Protiviti operations showed strong year-over-year revenue growth.

  • Revenues and earnings reached record levels in Q3 2021.
  • Permanent placement revenues increased 79% year-over-year.
  • Protiviti revenues increased 56% year-over-year.
  • Temporary and consultant staffing revenues grew 35% year-over-year.

Headline financials

Total Revenue

$1.71B

Previous: $1.19B+43.9%
EPS (adj)

$1.53

Previous: $0.67+128.4%
Capital Expenditures

-$24.8M

Previous: -$28.9M+14.1%
Free Cash Flow

$146M

Previous: $46.9M+211.7%
Net Income

$171M

Previous: $75.7M+125.6%
Operating Income

$228M

Previous: $103M+122.1%
Gross Profit

$725M

Previous: $467M+55.2%
Cash & Equivalents

$634M

Previous: $587M+8.0%
Total Assets

$2.93B

Previous: $2.56B+14.4%

Revenue & EPS history

Robert Half · Revenue · Quarterly

$1.71B

Q3 2021+43.9%vs Q3 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Robert Half · $658M total across 2 segments · Q3 2021

  • Protiviti
    $501M+56.1%
  • Permanent placement talent solutions
    $156M+79.4%

Forward guidance

No specific forward guidance was provided in the release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-0.6%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+0.5%

Avg return

30 days after

48%

33 / 69 earnings

Positive

+27.6%

Q4 2025

Best reaction

-10.9%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.8%-0.0%+0.3%
Q4 2025+27.6%+21.2%-9.9%
Q3 2025-1.2%-2.0%-8.0%
Q2 2025+0.2%+1.2%-2.2%
Q1 2025-3.1%-4.7%-2.5%
Q4 2024-6.6%-8.8%-14.5%
Q3 2024+3.1%+3.2%+12.4%
Q2 2024-7.7%-2.3%-1.7%
Q1 2024-3.0%-3.3%-6.9%
Q4 2023-2.1%-0.4%-1.0%
Q3 2023+1.5%+0.7%+12.5%
Q2 2023-5.8%-6.9%-7.3%
Q1 2023+2.0%+2.0%-5.9%
Q4 2022+8.0%+6.4%-0.4%
Q3 2022-9.7%-7.5%-6.6%
Q2 2022-7.8%-9.8%-2.6%
Q1 2022-10.9%-12.4%-22.5%
Q4 2021-0.7%+3.1%+8.8%
Q3 2021+3.1%+2.3%+7.8%
Q2 2021+6.1%+8.6%+16.7%
Q1 2021+4.9%+7.9%+8.3%
Q4 2020+3.1%+3.1%+18.8%
Q3 2020-6.6%-9.0%+10.2%
Q2 2020-1.5%-4.5%+3.4%
Q1 2020+6.6%+12.0%+14.7%
Q4 2019-4.7%-2.7%-17.4%
Q3 2019+3.8%+5.8%+3.3%
Q2 2019+9.3%+6.5%-4.9%
Q1 2019-6.5%-7.3%-16.6%
Q4 2018+7.3%+4.5%+12.2%
Q3 2018-9.5%-7.7%-7.4%
Q2 2018+7.9%+9.2%+11.9%
Q1 2018+3.6%+4.8%+9.2%
Q4 2017+0.5%-2.4%-1.5%
Q3 2017+1.5%+3.9%+7.4%
Q2 2017-6.2%-5.0%-7.3%
Q1 2017+4.4%+4.6%+2.2%
Q4 2016-7.0%-5.5%-3.7%
Q3 2016-4.9%-3.2%+17.1%
Q2 2016-10.0%-10.8%-6.2%
Q1 2016-10.5%
Q4 2015-9.5%
Q3 2015-6.2%
Q2 2015-6.9%
Q1 2015-4.2%
Q4 2014+1.0%
Q3 2014+7.8%
Q2 2014+8.0%
Q1 2014+2.6%
Q4 2013+0.7%
Q3 2013-3.1%
Q2 2013+2.6%
Q1 2013-9.3%
Q4 2012+5.5%
Q3 2012+5.7%
Q2 2012-6.3%
Q1 2012-3.8%
Q4 2011-0.1%
Q3 2011-2.3%
Q2 2011-1.1%
Q1 2010-0.6%
Q1 2011+3.1%
Q4 2010+0.0%
Q4 2008+0.0%
Q3 2010-0.8%
Q3 2009-0.8%
Q2 2009+2.1%
Q4 2009+2.1%
Q2 2010+2.1%

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