GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Robert Half Inc (NYSE:RHI) » Definitions » Gross Margin %

RHI (Robert Half) Gross Margin % : 39.02% (As of Sep. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Robert Half Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Robert Half's Gross Profit for the three months ended in Sep. 2024 was $572 Mil. Robert Half's Revenue for the three months ended in Sep. 2024 was $1,465 Mil. Therefore, Robert Half's Gross Margin % for the quarter that ended in Sep. 2024 was 39.02%.


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

RHI' s Gross Margin % Range Over the Past 10 Years
Min: 38.99   Med: 41.33   Max: 42.75
Current: 38.99


During the past 13 years, the highest Gross Margin % of Robert Half was 42.75%. The lowest was 38.99%. And the median was 41.33%.

RHI's Gross Margin % is ranked better than
55.96% of 981 companies
in the Business Services industry
Industry Median: 34.52 vs RHI: 38.99

Robert Half had a gross margin of 39.02% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Robert Half was -0.10% per year.


Robert Half Gross Margin % Historical Data

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.

* Premium members only.

Robert Half Gross Margin % Chart

Robert Half Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.57 39.39 41.72 42.75 40.28

Robert Half Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 40.99 39.66 38.13 39.16 39.02

Competitive Comparison of Robert Half's Gross Margin %

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's Gross Margin % Distribution in the 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.



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. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2575 / 6392.517
=(Revenue - Cost of Goods Sold) / Revenue
=(6392.517 - 3817.513) / 6392.517
=40.28 %

Robert Half's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=571.7 / 1465.004
=(Revenue - Cost of Goods Sold) / Revenue
=(1465.004 - 893.348) / 1465.004
=39.02 %

* 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.


Robert Half  (NYSE:RHI) 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 39.02% for the quarter that ended in Sep. 2024 => 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

Thank you for viewing the detailed overview of Robert Half's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Robert Half Business Description

Traded in Other Exchanges
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 of its sales inside the U.S. and is one of the specialized firms in the fragmented U.S. staffing industry. The firm generates annual revenue of around $7 billion.
Executives
Dirk A Kempthorne director 1735 MARKET STREET, PHILADELPHIA PA 19103
Robert W Glass officer: Executive Vice President
Marc Morial director 142 IRVING AVENUE, S. ORANGE NJ 07079
Joseph A Tarantino officer: President and CEO, Protiviti 2884 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Marnie Huss Wilking director 5611 E HILLERY DR, SCOTTSDALE AZ 85254
Paul F Gentzkow officer: President & CEO Staffing 2884 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Messmer Harold M Jr director, officer: Executive Chairman
Barbara J Novogradac director C/O ROBERT HALF INTERNATIONAL INC., 2884 SAND HILL ROAD, MENLO PARK CA 94025
Robert J Pace director C/O ROBERT HALF INTERNATIONAL INC., 2884 SAND HILL ROAD, MENLO PARK CA 94025
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Frederick A Richman director C/O ROBERT HALF INTERNATIONAL INC., 2884 SAND HILL ROAD, MENLO PARK CA 94025
M Keith Waddell director, officer: Chief Executive Officer
Michael C Buckley officer: Executive Vice President & CFO C/O ROBERT HALF INTERNATIONAL INC, 5720 STONERIDGE DR STE 3, PLEASANTON CA 94588
Steven Karel officer: Vice President and Secretary 2884 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Edward W Gibbons director C/O JACK IN THE BOX INC, 9330 BALVOA AVE, SAN DIEGO CA 92123