Robert Half Inc. (RHI) Stock Price & How to Invest
Last updated July 2026
Short answer
Robert Half (RHI) is a NYSE-listed staffing and consulting firm whose earnings are near a cyclical trough as hiring stays soft, so how you view it depends on whether you think the labor market is stabilizing and whether its high dividend is sustainable on depressed profits.
RHI stock price
As of 2026-07-13, Robert Half Inc. (RHI) last closed at $35.59, down 13.5% over the past year. Over the past 52 weeks it has traded between $21.86 and $42.67.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Robert Half Inc.'s investor relations page. Walnut is informational, not investment advice.
What does Robert Half Inc. (RHI) do?
Robert Half Inc. is one of the largest specialized talent-solutions firms in the world, placing contract and permanent professionals in finance, accounting, technology, legal, administrative, and creative roles. It operates through two engines: its staffing business (contract talent and permanent placement) and Protiviti, a global business-consulting and internal-audit arm where technology consulting (modernization, data, and cyber) is now the largest and fastest-growing piece. The company earns fees on placements and consulting engagements, so its results swing closely with corporate hiring appetite and project spending.
The investment picture is a classic late-cycle staffing story. Revenue has been declining as the hiring market stays cautious, with Q1 2026 global revenue around $1.3 billion, down roughly 4% year over year, and earnings compressed to a low base. Management points to two consecutive quarters of sequential improvement in talent solutions and firming trends into early spring as tentative signs of stabilization, while Protiviti (especially internationally) provides a more resilient, growing counterweight. The stock carries a debt-light balance sheet and a sizable dividend, but the payout is large relative to currently depressed earnings, making the trajectory of a hiring rebound the central variable.
What's driving Robert Half Inc. (RHI)?
1. Cyclical staffing recovery
Robert Half's staffing revenue tracks corporate hiring, which has been depressed. Management has flagged two straight quarters of sequential improvement in talent solutions and strengthening trends into early spring. A broader labor-market recovery would lift both contract talent and higher-margin permanent placement from a low base.
2. Protiviti and technology consulting
Protiviti, the consulting arm, has been more resilient than staffing, with international revenue growing double digits. Technology consulting (modernization, data, and cyber) is now its largest segment and its brightest-prospect area. This gives Robert Half a growth engine that is less tied to raw headcount hiring.
3. Operating leverage off a trough
Because staffing carries high fixed costs, small revenue gains can translate into outsized profit swings. Earnings are currently compressed near cyclical lows, so a return of demand and permanent-placement activity could restore margins and EPS meaningfully. The flip side is that the model amplifies downturns as well.
4. Capital returns and balance sheet
Robert Half runs a debt-light balance sheet with meaningful liquidity and has a long history of paying and raising its dividend, supplemented by buybacks. That capital-return posture is a feature many holders watch, though the payout's coverage is stretched while earnings are depressed.
What are the risks to Robert Half Inc. (RHI)?
The core risk is prolonged weakness in white-collar hiring, which keeps staffing revenue and permanent placement under pressure and delays any earnings recovery. The dividend payout ratio is elevated relative to current depressed earnings, raising sustainability questions if a rebound is slow. Results are cyclical and sensitive to macro conditions, interest rates, and corporate confidence. Competition from large global staffing firms and lower-cost or AI-enabled recruiting platforms could pressure fees. The valuation looks optically high on trailing earnings precisely because those earnings sit near a trough, so a slower-than-expected recovery would leave the multiple exposed.
How is Robert Half Inc. (RHI) valued? (approximate, JULY 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Robert Half Inc.'s investor relations page or your broker.
- Revenue (TTM): ~$5.2B
- Q1 2026 revenue: ~$1.3B (down ~4% YoY)
- Net income (TTM): ~$130M
- EPS (TTM): ~$1.30
- Market cap: ~$3.5B
- Dividend: ~$2.36/yr (~$0.59 quarterly), yield ~7-8%
Robert Half trades at a high trailing P/E (roughly the mid-20s) mainly because earnings are near a cyclical low, not because of rapid growth. The dividend yield is elevated at 7 to 8%, but the payout ratio exceeds current earnings, so coverage depends on an earnings recovery. Figures are approximate and drawn from recent filings and market data as of July 2026.
Who competes with Robert Half Inc. (RHI)?
Global staffing firms
Randstad, Adecco Group, and ManpowerGroup are the largest diversified staffing companies worldwide, competing across contract and permanent placement at greater scale but with broader, lower-margin exposure to industrial and light-industrial labor.
Specialized professional staffing
Kforce, ASGN, Heidrick & Struggles, and Korn Ferry compete for finance, accounting, technology, and executive placements, the higher-skill niches where Robert Half is a recognized leader in finance and accounting talent.
Consulting and advisory
Through Protiviti, Robert Half competes with business-consulting, internal-audit, risk, and technology-services firms (including the Big Four advisory arms and IT consultancies) for modernization, data, cyber, and compliance engagements.
How to invest in Robert Half Inc. (RHI)
There are three common ways to get RHI exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so RHI sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where RHI fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on Robert Half Inc. (RHI)
RHI is a blue-chip staffing name trading at a cyclical low in earnings, where the debate centers on the timing of a hiring recovery and the durability of a large dividend covered by thin current profits.
More on Robert Half Inc. (RHI)
Whether RHI is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is RHI a buy?, and where the stock could go from here in the RHI stock forecast.
For income investors, whether RHI pays a dividend and how the payout looks is covered in does RHI pay a dividend?
Build a basket around RHI with Walnut
Use Robert Half Inc. as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
What does Robert Half do?
+
Robert Half places contract and permanent professionals in finance, accounting, technology, legal, administrative, and creative roles. It also owns Protiviti, a global consulting and internal-audit business focused increasingly on technology modernization, data, and cyber.
Why is RHI's revenue declining?
+
Its staffing business tracks corporate hiring, which has been soft. Q1 2026 revenue was about $1.3 billion, down roughly 4% year over year, as companies stayed cautious about adding contract and permanent staff.
Why does RHI have a high P/E ratio?
+
The trailing P/E sits in the mid-20s mainly because earnings are near a cyclical low, not because of fast growth. Depressed profits inflate the multiple, so the valuation is sensitive to the timing of a hiring recovery.
Is Robert Half's dividend sustainable?
+
Robert Half pays about $2.36 per share annually, a yield of roughly 7 to 8%. The payout ratio currently exceeds earnings because profits are depressed, so sustainability depends on an earnings recovery. The company does hold a debt-light balance sheet with meaningful liquidity.
What is Protiviti and why does it matter?
+
Protiviti is Robert Half's consulting and internal-audit arm. It has been more resilient than staffing, with double-digit international growth, and technology consulting is now its largest and fastest-growing segment, giving Robert Half a growth engine less tied to raw hiring.
Who are Robert Half's main competitors?
+
In staffing it competes with global firms like Randstad, Adecco, and ManpowerGroup, plus specialized players like Kforce, ASGN, and Korn Ferry. Through Protiviti it competes with consulting and advisory firms including the Big Four advisory arms.
What are the biggest risks for RHI?
+
The main risks are prolonged weakness in white-collar hiring, an elevated dividend payout relative to depressed earnings, high cyclicality tied to the economy, and competition from large staffing firms and AI-enabled recruiting platforms.
Is RHI a cyclical stock?
+
Yes. Staffing demand rises and falls with corporate hiring and the broader economy, so Robert Half's revenue and earnings swing with the business cycle. Its high fixed costs amplify both upturns and downturns.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Robert Half Inc.'s investor relations page or your broker before making investment decisions.