Robert Half International Inc (RHI)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	2,247,230	2,295,296	2,364,579	2,448,069	2,575,004	2,709,887	2,856,557	3,011,935	3,094,049	3,119,121	3,056,839	2,906,164	2,696,029	2,466,252	2,208,271	1,959,934	2,012,611	2,135,130	2,314,062	2,534,116
Revenue (ttm)	US$ in thousands	5,802,240	5,899,460	6,005,400	6,177,680	6,416,490	6,668,700	6,933,560	7,152,300	7,246,140	7,284,310	7,161,310	6,878,200	6,461,620	5,995,740	5,473,040	5,001,040	5,110,270	5,343,560	5,706,820	6,115,820
Gross profit margin		38.73%	38.91%	39.37%	39.63%	40.13%	40.64%	41.20%	42.11%	42.70%	42.82%	42.69%	42.25%	41.72%	41.13%	40.35%	39.19%	39.38%	39.96%	40.55%	41.44%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,247,230K ÷ $5,802,240K
= 38.73%

Robert Half International Inc's gross profit margin has fluctuated over the period from March 31, 2020, to December 31, 2024. The company started with a gross profit margin of 41.44% in March 2020, which gradually declined to 38.73% by December 2024.

The gross profit margin decreased steadily in the initial years, reaching its lowest point of 38.73% in December 2024. This decline may indicate challenges in managing production costs or pricing strategies that affected the company's profitability.

It is worth noting that there were some fluctuations in the gross profit margin during this period, with occasional increases in certain quarters. For example, there was a slight increase in the gross profit margin from March 2022 to June 2022, reaching a peak of 42.69%. These fluctuations may have been influenced by changes in sales mix, cost of goods sold, or pricing strategies.

Overall, the trend suggests that Robert Half International Inc may need to focus on optimizing its cost structure and pricing strategies to improve its gross profit margin and enhance profitability in the future.