Robert Half International Inc (RHI)

Operating 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
Operating income (ttm)	US$ in thousands	336,770	380,413	420,245	475,277	555,493	640,075	733,838	827,757	890,614	914,484	918,781	882,839	805,825	712,941	587,591	441,251	421,758	445,264	505,513	606,666
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
Operating profit margin		5.80%	6.45%	7.00%	7.69%	8.66%	9.60%	10.58%	11.57%	12.29%	12.55%	12.83%	12.84%	12.47%	11.89%	10.74%	8.82%	8.25%	8.33%	8.86%	9.92%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $336,770K ÷ $5,802,240K
= 5.80%

Robert Half International Inc's operating profit margin has displayed fluctuations over the period from March 31, 2020, to December 31, 2024. The trend started at 9.92% in March 2020 and experienced a decline, reaching a low of 5.80% by December 31, 2024.

During this period, there were observed increases and decreases in operating profit margin, with some quarters showing improvements while others indicating declines. The highest operating profit margin was noted in December 31, 2022, at 12.47%, followed closely by March 31, 2022, at 12.84%.

However, the operating profit margin experienced a downward trend in more recent quarters, such as March 31, 2024, and June 30, 2024, where it was 7.69% and 7.00%, respectively. The most significant drop was observed in December 31, 2024, with a margin of 5.80%.

It is important for stakeholders to closely monitor the operating profit margin trend to understand the company's efficiency in generating profits from its core operations. The declining trend in operating profit margin may require further analysis to identify the underlying factors impacting profitability and to implement appropriate strategies to improve margins in the future.