Robert Half (FRA:RHJ) Gross Margin %: 36.91% (As of Mar. 2026) — 10% Below Median


FRA:RHJ Robert Half Inc FRA:RHJ
69 GF Score
Price €26.10
GF Value €46.25
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Robert Half Gross Margin %?

Robert Half FRA:RHJ -0.42% 69 Gross Margin % is 36.91% as of Mar. 2026, which is 10% below its 10-year median of 41.12. GuruFocus rates FRA:RHJ with a GF Score™ of 69/100 and a GF Value™ of €46.25 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,007 Business Services companies, Robert Half ranks better than 53.82% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Robert Half's Gross Profit for the three months ended in Mar. 2026 was €415 Mil. Robert Half's Revenue for the three months ended in Mar. 2026 was €1,125 Mil. Therefore, Robert Half's Gross Margin % for the quarter that ended in Mar. 2026 was 36.91%.

Warning Sign:

Robert Half Inc gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


The historical rank and industry rank for Robert Half's Gross Margin % or its related term are showing as below:

FRA:RHJ' s Gross Margin % Range Over the Past 10 Years
Min: 37.23   Med: 41.12   Max: 42.75
Current: 37.23


During the past 13 years, the highest Gross Margin % of Robert Half was 42.75%. The lowest was 37.23%. And the median was 41.12%.

FRA:RHJ's Gross Margin % is ranked better than
53.82% of 1007 companies
in the Business Services industry
Industry Median: 34.5 vs FRA:RHJ: 37.23

Robert Half had a gross margin of 36.91% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Robert Half was -1.60% per year.


Robert Half  (FRA:RHJ) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Robert Half had a gross margin of 36.91% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Robert Half Gross Margin % Related Terms


Robert Half Gross Margin % Historical Data

* Premium members only.

The historical data trend for Robert Half's Gross Margin % 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.

Robert Half Gross Margin % Chart

Robert Half Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.72 42.75 40.28 38.77 37.23

Robert Half Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 36.91 37.19 37.23 37.59 36.91

FRA:RHJ vs KFY, TNET, MAN: Gross Margin % Comparison

For the Staffing & Employment Services subindustry, Robert Half's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Robert Half Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Robert Half's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Robert Half's Gross Margin % falls into.


FRA:RHJ
69GF Score
Robert Half Inc FRA:RHJ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Robert Half Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Robert Half's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1710 / 4593.244
=(Revenue - Cost of Goods Sold) / Revenue
=(4593.244 - 2883.269) / 4593.244
=37.23 %

Robert Half's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=415.1 / 1124.655
=(Revenue - Cost of Goods Sold) / Revenue
=(1124.655 - 709.534) / 1124.655
=36.91 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 36.91% mean?
Robert Half (FRA:RHJ) has a Gross Margin % of 36.91% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Robert Half and its competitors. This is 10% below median its historical median of 41.12. Over the past decade, Robert Half's Gross Margin % has ranged from 37.23 to 42.75. According to the industry distribution chart, Robert Half ranks #465 out of 1007 companies in the Business Services industry, placing it in the top 46.2%.
Is Robert Half's Gross Margin % too high?
Robert Half's current Gross Margin % of 36.91% is 10% below median its 10-year median of 41.12. Over the past 10 years, this metric has ranged from a low of 37.23 to a high of 42.75. The Business Services industry median Gross Margin % is 34.50. Robert Half's value of 36.91% is 7% above this industry median. Based on the distribution chart, Robert Half ranks #465 out of 1007 companies in the Business Services industry, which is above the industry midpoint. Overall, Robert Half has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Robert Half's Gross Margin % compare to KFY and TNET?
According to the Business Services industry distribution chart, Robert Half ranks #465 out of 1007 companies for Gross Margin %. This puts Robert Half in the upper half of its industry. The industry median Gross Margin % is 34.50. Robert Half's value of 36.91% is 7% above this benchmark. Historically, Robert Half's own Gross Margin % has ranged from 37.23 to 42.75 over the past decade. While the company's 10-year median is 41.12 vs. the industry median of 34.50, Robert Half has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Business Services company?
The median Gross Margin % among Business Services companies is 34.50, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Robert Half's current Gross Margin % of 36.91% is 7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Robert Half and its competitors. For the Business Services industry, the median Gross Margin % is 34.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Robert Half's current Gross Margin % is 36.91%, which is 10% below median its own 10-year median of 41.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Robert Half stock overvalued right now?
Based on GuruFocus' analysis, Robert Half (FRA:RHJ) is currently considered Significantly Undervalued. The stock's GF Value™ is €46.25, compared to a current price of €26.10 — trading 43.6% below its estimated fair value. The current Gross Margin % is 36.91%, which is 10% below median its 10-year median of 41.12 and 7% above the Business Services industry median of 34.50. Robert Half's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Robert Half (FRA:RHJ), the current Gross Margin % is 36.91% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Robert Half (FRA:RHJ) Overvalued in 2026?

Based on GuruFocus' analysis, Robert Half stock appears to be undervalued. The current stock price of €26.10 is trading 43.6% below its estimated GF Value™ of €46.25. GuruFocus considers Robert Half to be Significantly Undervalued.

Key valuation signals for FRA:RHJ:

  • Gross Margin %: 36.91% (10% below median its 10-year median of 41.12)
  • GF Value™: €46.25 vs. price of €26.10 (43.6% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 7% above the Business Services median (#465 of 1007)

No single metric tells the full story. See the FRA:RHJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Robert Half Business Description

Address 2884 Sand Hill Road, Suite 200, Menlo Park, CA, USA, 94025
Robert Half Inc was 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 its sales inside the U.S. and is one of the specialized firms in the fragmented U.S. staffing industry.
69GF Score

Get the complete analysis for FRA:RHJ

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€26.10
Price
€46.25
GF Value