Robert Half International Inc (RHI)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 2,854,400 | 3,010,790 | 2,964,490 | 2,952,360 | 2,557,420 |
| ROA | 8.81% | 13.66% | 22.19% | 20.28% | 11.98% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $251,598K ÷ $2,854,400K
= 8.81%
Based on the provided data, Robert Half International Inc's return on assets (ROA) has fluctuated over the past five years.
- In December 2020, the ROA was 11.98%, indicating that the company generated $0.1198 in net income for every $1 of assets.
- The ROA increased significantly to 20.28% by December 2021, suggesting improved efficiency in asset utilization and profitability.
- By December 2022, the ROA further improved to 22.19%, demonstrating a continued upward trend in generating returns from its assets.
- However, in December 2023, the ROA decreased to 13.66%, indicating a dip in the company's ability to generate profits relative to its asset base.
- Finally, by December 2024, the ROA fell to 8.81%, reflecting a further decline in the company's efficiency in generating profits from its assets.
Overall, Robert Half International Inc's ROA has shown variations over the years, with periods of strong performance followed by declines. It is essential for the company to closely monitor and manage its asset utilization to enhance profitability and maximize returns for its shareholders.
Peer comparison
Dec 31, 2024