Robert Half International Inc (RHI)

Return on total capital

		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
Earnings before interest and tax (EBIT) (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
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0	62	122	181
Total stockholders’ equity	US$ in thousands	1,378,000	1,473,840	1,480,160	1,519,240	1,588,350	1,579,970	1,625,270	1,598,480	1,568,560	1,490,920	1,467,670	1,452,770	1,381,050	1,316,040	1,259,250	1,197,700	1,205,290	1,194,030	1,156,710	1,129,920
Return on total capital		24.44%	25.81%	28.39%	31.28%	34.97%	40.51%	45.15%	51.78%	56.78%	61.34%	62.60%	60.77%	58.35%	54.17%	46.66%	36.84%	34.99%	37.29%	43.70%	53.68%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $336,770K ÷ ($—K + $1,378,000K)
= 24.44%

Robert Half International Inc's return on total capital has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The return on total capital was relatively high, starting at 53.68% on March 31, 2020, reaching a peak of 62.60% on June 30, 2022, and then gradually decreasing to 24.44% by December 31, 2024.

The company's return on total capital seems to have followed a cyclical pattern, with peaks and troughs occurring at irregular intervals. This volatility in return on total capital may be indicative of changes in the company's capital structure, profitability, or efficiency in generating returns on the total capital employed.

Overall, while there have been fluctuations in Robert Half International Inc's return on total capital over the analyzed period, the company has generally maintained a relatively high return on capital, indicating efficient utilization of capital resources to generate profits.