Robert Half International Inc (RHI)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 2,854,400 | 2,982,220 | 2,937,750 | 2,889,700 | 3,010,790 | 3,021,050 | 3,067,640 | 2,912,130 | 2,964,490 | 2,910,580 | 2,933,840 | 2,950,770 | 2,952,360 | 2,931,720 | 2,741,370 | 2,565,170 | 2,557,420 | 2,563,090 | 2,402,380 | 2,274,850 |
| Operating ROA | 11.80% | 12.76% | 14.30% | 16.45% | 18.45% | 21.19% | 23.92% | 28.42% | 30.04% | 31.42% | 31.32% | 29.92% | 27.29% | 24.32% | 21.43% | 17.20% | 16.49% | 17.37% | 21.04% | 26.67% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $336,770K ÷ $2,854,400K
= 11.80%
Operating Return on Assets (Operating ROA) is a financial ratio that measures a company's ability to generate profits from its operational assets. It is calculated by dividing operating income by average total assets.
Analyzing the historical data provided for Robert Half International Inc's Operating ROA, we observe fluctuations in the ratio over time. The trend shows that the company's Operating ROA increased from 26.67% in March 2020 to a peak of 31.42% in September 2022. This suggests that the company was effectively utilizing its assets to generate operating profits during this period.
However, after reaching the peak in September 2022, the Operating ROA started to decline, reaching 11.80% by December 2024. This downward trend indicates a decrease in the company's ability to generate profits from its operational assets.
It is important for stakeholders to closely monitor the Operating ROA of Robert Half International Inc to assess the company's operational efficiency and profitability. A declining trend in this ratio may signal potential challenges in asset utilization and operational performance, requiring further analysis and strategic actions to improve financial performance.
Peer comparison
Dec 31, 2024