Robert Half International Inc (RHI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 251,598 | 411,146 | 657,919 | 598,626 | 306,276 |
| Revenue | US$ in thousands | 5,795,840 | 6,416,490 | 7,246,150 | 6,461,640 | 5,110,340 |
| Net profit margin | 4.34% | 6.41% | 9.08% | 9.26% | 5.99% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $251,598K ÷ $5,795,840K
= 4.34%
Based on the provided data, Robert Half International Inc's net profit margin has exhibited some fluctuations over the past five years. The net profit margin measures the percentage of revenue that translates into profit after all expenses have been deducted.
In December 31, 2020, the net profit margin was 5.99%, showing a moderate level of profitability. The following year, by December 31, 2021, there was a notable increase to 9.26%, indicating an improvement in the company's ability to convert revenue into profit.
By December 31, 2022, the net profit margin slightly decreased to 9.08%, remaining at a relatively high level compared to the previous year. However, in December 31, 2023, there was a decline to 6.41%, signifying a decrease in profitability compared to the prior year.
Most recently, on December 31, 2024, the net profit margin decreased further to 4.34%, indicating a significant decline in the profitability of the company. It is crucial for Robert Half International Inc to monitor and manage its expenses effectively to enhance its net profit margin and ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024