Robert Half's gross profit for the
three
months ended in Dec. 2023 was $584 Mil. Robert Half's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,575 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Robert Half's gross profit for the
three
months ended in Dec. 2023 was $584 Mil. Robert Half's Revenue for the
three
months ended in Dec. 2023 was $1,473 Mil. Therefore, Robert Half's Gross Margin % for the quarter that ended in Dec. 2023 was 39.66%.
Robert Half had a gross margin of 39.66% for the quarter that ended in Dec. 2023 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Robert Half was 42.75%. The lowest was 39.39%. And the median was 41.33%.
Robert Half Gross Profit Historical Data
The historical data trend for Robert Half's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Robert Half's Gross Profit
For the Staffing & Employment Services subindustry, Robert Half's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Robert Half's Gross Profit Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Robert Half's Gross Profit distribution charts can be found below:
* The bar in red indicates where Robert Half's Gross Profit falls into.
Robert Half Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Robert Half's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,575 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Robert Half (NYSE:RHI) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Robert Half had a gross margin of 39.66% for the quarter that ended in Dec. 2023 => Competition eroding margins
Robert Half Gross Profit Related Terms
Thank you for viewing the detailed overview of Robert Half's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 1948, Robert Half provides temporary, permanent, and outcome-based staffing for both in-person and remote positions in the finance and accounting, technology, legal, marketing, and administrative fields. Its subsidiary consulting arm, Protiviti, specializes in technology, risk, auditing, and compliance matters. The firm generates most of its sales inside the U.S. and stands as one of the largest specialized firms in the highly fragmented U.S. staffing industry. The firm generates annual revenue of around $7 billion.
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