Discounted Cash Flow

Robert Half Inc.

RHI · Based on 10 years of SEC filings

DCF estimate unavailable — no_upward_trend_net_income_yr1_598626000.0_gte_yrN_132990000.0_window_5

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $343.4m $359.1m $2.68
2017 $290.6m (-15.4%) $412.2m (14.8%) $2.34 (-12.7%)
2018 $5.8b $434.3m (49.5%) $529.8m (28.5%) 7.5% $3.60 (53.8%)
2019 $6.1b (4.7%) $454.4m (4.6%) $460.2m (-13.1%) 7.5% (-0.1%) $3.93 (9.2%)
2020 $5.1b (-15.9%) $306.3m (-32.6%) $563.2m (22.4%) 6.0% (-19.9%) $2.72 (-30.8%)
2021 $6.5b (26.5%) $598.6m (95.5%) $566.5m (0.6%) 9.3% (54.5%) $5.42 (99.3%)
2022 $7.2b (12.0%) $657.9m (9.9%) $622.6m (9.9%) 9.1% (-1.9%) $6.08 (12.2%)
2023 $6.4b (-11.7%) $411.1m (-37.5%) $591.0m (-5.1%) 6.4% (-29.2%) $3.90 (-35.9%)
2024 $5.8b (-9.3%) $251.6m (-38.8%) $354.2m (-40.1%) 4.3% (-32.5%) $2.45 (-37.2%)
2025 $5.4b (-7.2%) $133.0m (-47.1%) $266.8m (-24.7%) 2.5% (-43.0%) $1.33 (-45.7%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

no_upward_trend_net_income_yr1_598626000.0_gte_yrN_132990000.0_window_5

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.