Robert Half International Inc (RHI)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 2,854,400 | 3,010,790 | 2,964,490 | 2,952,360 | 2,557,420 |
| Operating ROA | 11.80% | 18.45% | 30.04% | 27.29% | 16.49% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $336,770K ÷ $2,854,400K
= 11.80%
Robert Half International Inc's operating return on assets (ROA) has shown fluctuating trends over the period from December 2020 to December 2024. The operating ROA increased from 16.49% in December 2020 to 27.29% in December 2021, indicating an improvement in the company's ability to generate operating profits from its assets.
In the following years, the operating ROA continued to rise, reaching 30.04% by December 2022, reflecting a further enhancement in the efficiency of asset utilization. However, in December 2023, the operating ROA decreased to 18.45%, suggesting a slight decline in the company's operating profitability relative to its asset base.
By the end of December 2024, Robert Half International Inc's operating ROA recorded a significant decrease to 11.80%. This decrease indicates that the company may have faced challenges in maintaining the same level of operating profitability in relation to its assets compared to the previous periods.
Overall, the varying trends in Robert Half International Inc's operating ROA highlight the importance of closely monitoring and analyzing the company's operational performance and asset efficiency to ensure sustainable profitability and value creation.
Peer comparison
Dec 31, 2024