Robert Half International Inc (RHI)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 251,598 | 284,612 | 314,706 | 352,842 | 411,146 | 471,495 | 542,156 | 611,685 | 657,919 | 678,210 | 682,875 | 656,267 | 598,626 | 525,098 | 429,976 | 326,959 | 306,276 | 324,702 | 366,134 | 434,550 |
| 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 |
| ROA | 8.81% | 9.54% | 10.71% | 12.21% | 13.66% | 15.61% | 17.67% | 21.00% | 22.19% | 23.30% | 23.28% | 22.24% | 20.28% | 17.91% | 15.68% | 12.75% | 11.98% | 12.67% | 15.24% | 19.10% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $251,598K ÷ $2,854,400K
= 8.81%
The Return on Assets (ROA) is a key financial ratio that measures a company's ability to generate profit from its assets. For Robert Half International Inc, the ROA has fluctuated over the past few quarters.
From March 31, 2020, to December 31, 2022, the ROA showed a generally increasing trend, indicating that the company was becoming more efficient in utilizing its assets to generate earnings. The ROA peaked at 23.30% on September 30, 2022, suggesting a strong performance in asset management.
However, starting from March 31, 2023, there was a decline in the ROA, indicating a potential decrease in the company's profitability relative to its asset base. This downtrend continued through the end of 2024, with the ROA reaching its lowest point of 8.81% on December 31, 2024.
Overall, the ROA for Robert Half International Inc has shown both positive and negative movements, reflecting the company's changing profitability and efficiency in utilizing its assets. It would be important for stakeholders to closely monitor this ratio to assess the company's financial performance and management of resources.
Peer comparison
Dec 31, 2024