Robert Half (RHI) Investor Presentation summary

Company overview and global presence

• Operates 315 offices in 18 countries, with Protiviti in 89 offices across 29 countries.

• Employs approximately 15,000 full-time staff, including 7,000 in Protiviti.

• Offers a full spectrum of talent and consulting solutions, with a history dating back to 1948.

Revenue and segment performance

• Q1 2024 service revenues reached $1.48 billion, with net income of $64 million.

• Contract Talent Solutions contributed 60% of global revenues, Protiviti 31%, and Permanent Placement 9%.

• Finance and accounting made up 72% of contract talent solutions revenue.

• U.S. accounted for 76% of talent solutions revenue; international markets 24%.

• Germany and Belgium are the largest European contributors.

Profitability and financial strength

• Return on invested capital was 16.4% in Q1 2024, compared to a 20-year average of 24.8%.

• Maintains a strong balance sheet with $2.9B in assets, $541M in cash, and zero debt.

• Substantially all free cash flow is returned to shareholders via dividends and share repurchases.

• Quarterly dividend has increased annually since inception, with an 11.6% CAGR.

• Share count reduced by 23.3% over 10 years.