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What happened with RHI today?

Why it moved
Explains possible causes using the day’s news and filings
Moving with the market?
Uses market moves and trading volume to assess what drove the change
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The next thing that could change the call, and what to look for

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Uses news and trading volume to explain the day’s move and how it relates to the market.

Investment outlook

RHI in three months: buy, wait or sell?

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  • Buy / Wait / Sell rating
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Company

Company overview

Robert Half helps employers fill specialized roles, including accounting, finance and technology positions. Contract staffing brings in most of its revenue: Robert Half employs and pays the professionals, and clients pay a fixed hourly rate for their work. It also recruits permanent employees, a smaller business in which employers pay only for successful placements and candidates pay nothing. Clients typically pay a one-time fee if they hire a contract professional permanently.

Its wholly owned consulting firm, Protiviti, is the other substantial revenue source. Clients pay it for consulting and managed services addressing business and technology issues, including risk, compliance and internal audit.

Demand depends heavily on economic conditions and employers’ staffing needs, while fulfilling assignments depends on finding enough qualified candidates. The company does not rely on a single customer or a small group of customers, but staffing clients can generally end engagements on short notice without penalty. Employment services require licenses in many jurisdictions, and some countries limit contract lengths or the industries in which its staff may work.

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Source: SEC filing

Red flags

Know what’s buried in RHI’s filings before you buy

The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.

Sorted into
  • Happening now
  • Could go wrong
  • Built in

Moat

RHI says it has a moat. Does it hold up?

Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.

Each edge rated
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  • Moderate
  • Limited
  • Unproven

Related companies

  • Competition
  • Shared drivers
  • Supplier
  • Customer

Robert Half depends on professional hiring and consulting budgets; also watch Randstad, Adecco and the Big Four accounting firms, competitors absent from this list.

  • Kforce competes directly with Robert Half for employers paying for temporary technology and finance-and-accounting staff and permanent hires. Technology supplies 93% of Kforce’s revenue, making that business the clearest comparison for Robert Half’s technology staffing demand.

  • ManpowerGroup and Robert Half compete for employers buying temporary staffing and permanent recruitment, including professional talent. Watch ManpowerGroup’s Americas staffing business: staffing and interim services supplied 91% of that segment’s revenue in 2025.

  • Korn Ferry competes with Robert Half by finding permanent professional hires and supplying interim workers for employers. Its Professional Search and Interim business are the closest places to look for changes in demand for Robert Half’s recruitment and contract staffing.

  • Everforth’s described ASGN commercial business competes for Robert Half’s IT and creative staffing clients and Protiviti’s IT consulting clients. Watch its consulting and assignment work for Fortune 1000 and large mid-market businesses, which draw on the same talent pool.

  • Kelly Services competes with Robert Half for employers paying for technology, office, clerical and customer-support staff, whether temporary or permanent. Its North American office and contact-center staffing offers a closer comparison than its education business.

  • Accenture competes with Robert Half’s Protiviti for clients paying for business and technology advice and for ongoing managed services. Its consulting and managed-services results provide a comparison for Protiviti, rather than Robert Half’s hiring businesses.

  • Cognizant competes with Robert Half’s Protiviti for clients paying to modernize technology, implement systems and change business processes. Its consulting, systems integration and business-process services are the relevant businesses to watch for Protiviti.

  • CBIZ competes with Robert Half’s Protiviti for finance and technology consulting fees, serving middle-market businesses. Watch its financial advisory and technology work rather than treating all of its accounting, insurance and other revenue as a comparison for Protiviti.

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  • Circle8 Group overlaps with Robert Half in supplying technology staff and, through Lyneer, professional and finance staff and permanent recruits to employers. Separate Circle8’s European technology staffing, added with the January 23, 2026 acquisition, from Lyneer’s North American staffing results in 2025.

  • HireQuest’s franchises compete with Robert Half by supplying administrative staff and finding permanent professional hires for employers. Watch Snelling’s administrative staffing and Northbound, MRI and Sales Consultants’ professional recruitment, rather than its construction and light-industrial work.

  • TrueBlue and Robert Half both depend on employers’ temporary staffing demand, though TrueBlue mainly supplies general and skilled labor while Robert Half supplies specialized office professionals. PeopleReady’s short-term assignments offer a view of contingent-labor demand outside Robert Half’s office specialties.

Agenda

in 3 daysThu, Oct 22

  1. Time to be announced
    Major

    Robert Half Inc. earningsThis company

    Robert Half’s report will show whether employers are buying more of its contract and permanent-placement staffing services, and whether Protiviti’s consulting business is holding up.

  2. 8:30 AMET pre-market

    Initial Jobless Claims (Oct/17)

    Robert Half’s talent-solutions business depends on employers’ staffing needs, so unemployment-benefit claims—which track new job losses—can signal whether clients may seek its contract professionals and permanent placements, bringing client fees.

in 7 daysMon, Oct 26

  1. Time to be announced

    Kforce Inc. earningsKFRC

    Kforce’s report will show whether employers are buying more technology staffing, a direct point of comparison for Robert Half’s contract talent business.

in 10 daysThu, Oct 29

  1. Time to be announced

    Cognizant Technology Solutions earningsCTSH

    Cognizant’s report will show how clients are spending on technology consulting and systems work that overlaps with Protiviti’s projects.

in 15 daysTue, Nov 3

  1. 10:00 AMET

    JOLTs Job Openings (Sep)

    Robert Half’s talent-solutions business depends on employers’ need to fill jobs: more open roles can bring more demand for its contract professionals and permanent placements, generating more fees from clients.

in 18 daysFri, Nov 6

  1. 8:30 AMET pre-market

    Non Farm Payrolls (Oct)

    Robert Half’s talent-solutions business depends on employers’ hiring needs, so the jobs report’s count of payroll jobs signals whether clients may seek its contract professionals and permanent placements, generating client fees.