GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Robert Half Inc (BSP:R1HI34) » Definitions » Retained Earnings

Robert Half (BSP:R1HI34) Retained Earnings : R$1,304 Mil (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Robert Half Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Robert Half's retained earnings for the quarter that ended in Dec. 2023 was R$1,304 Mil.

Robert Half's quarterly retained earnings declined from Jun. 2023 (R$1,637 Mil) to Sep. 2023 (R$1,433 Mil) and declined from Sep. 2023 (R$1,433 Mil) to Dec. 2023 (R$1,304 Mil).

Robert Half's annual retained earnings increased from Dec. 2021 (R$948 Mil) to Dec. 2022 (R$1,671 Mil) but then declined from Dec. 2022 (R$1,671 Mil) to Dec. 2023 (R$1,304 Mil).


Robert Half Retained Earnings Historical Data

The historical data trend for Robert Half's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Robert Half Retained Earnings Chart

Robert Half Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.04 154.01 948.10 1,670.70 1,304.18

Robert Half Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,670.70 1,709.00 1,637.16 1,433.10 1,304.18

Robert Half Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Robert Half  (BSP:R1HI34) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Robert Half (BSP:R1HI34) Business Description

Traded in Other Exchanges
Address
2884 Sand Hill Road, Suite 200, Menlo Park, CA, USA, 94025
Founded in 1948, Robert Half provides temporary, permanent, and outcome-based staffing for both in-person and remote positions in the finance and accounting, technology, legal, marketing, and administrative fields. Its subsidiary consulting arm, Protiviti, specializes in technology, risk, auditing, and compliance matters. The firm generates most of its sales inside the U.S. and stands as one of the largest specialized firms in the highly fragmented U.S. staffing industry. The firm generates annual revenue of around $7 billion.

Robert Half (BSP:R1HI34) Headlines

No Headlines