Robert Half International Inc (RHI)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	336,770	555,493	890,614	805,824	421,758
Revenue	US$ in thousands	5,795,840	6,416,490	7,246,150	6,461,640	5,110,340
Operating profit margin		5.81%	8.66%	12.29%	12.47%	8.25%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $336,770K ÷ $5,795,840K
= 5.81%

The operating profit margin of Robert Half International Inc has shown fluctuations over the past five years. In December 2020, the operating profit margin stood at 8.25%, indicating that the company generated $0.08 of operating profit for every dollar of revenue.

Over the subsequent years, the operating profit margin exhibited an increasing trend, reaching its peak at 12.47% by December 2021 and slightly dipping to 12.29% by December 2022. This improvement suggests that the company managed its operating expenses efficiently relative to its revenue during these periods.

However, there was a notable decline in the operating profit margin to 8.66% by December 2023, raising concerns about the company's cost management strategies or potential challenges faced during that period.

By December 2024, the operating profit margin further decreased to 5.81%, setting a new five-year low. This decline could indicate increased operating expenses relative to revenue, potentially impacting the company's profitability during that period.

In conclusion, while Robert Half International Inc experienced fluctuations in its operating profit margin over the past five years, it is important for the company to closely monitor and address the factors influencing these changes to ensure sustainable profitability in the future.