← ROBERT HALF INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $343.4m | $290.6m | $434.3m | $454.4m | $306.3m | $598.6m | $657.9m | $411.1m | $251.6m | $133.0m | |
| Amortization of Intangible Assets | $1.2m | $1.6m | $1.7m | $1.4m | $1.2m | $2.2m | $1.7m | $2.9m | $1.2m | $1.9m | |
| Depreciation | $63.1m | $63.9m | $64.2m | $64.3m | $62.3m | $52.2m | $47.4m | $51.4m | $52.1m | $50.0m | |
| Deferred Income Tax Expense (Benefit) | ($1.9m) | $44.1m | ($15.9m) | ($9.5m) | ($13.1m) | ($21.1m) | $10.8m | ($16.6m) | ($17.9m) | $22.8m | |
| Income Tax Expense (Benefit) | $210.7m | $226.9m | $157.3m | $171.1m | $115.6m | $205.2m | $239.0m | $165.4m | $106.1m | $61.4m | |
| Operating Lease, Expense | — | — | — | $77.7m | — | $86.6m | $89.3m | $89.0m | $82.5m | $79.1m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $15.9m | $17.0m | $86.2m | $48.5m | ($127.7m) | $292.6m | $65.6m | ($156.3m) | ($67.0m) | ($45.8m) | |
| Goodwill | $209.8m | $210.9m | $210.0m | $210.4m | $223.1m | $222.9m | $237.8m | $238.0m | $237.2m | $251.5m | |
| Proceeds from Stock Options Exercised | $223k | $0 | $0 | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $442.1m | $453.0m | $572.3m | $519.6m | $596.5m | $603.1m | $683.8m | $636.9m | $410.5m | $320.0m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $83.0m | $40.8m | $42.5m | $59.5m | $33.4m | $36.6m | $61.1m | $45.9m | $56.3m | $53.2m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $2.2m | $1.2m | $0 | $0 | $15.8m | $0 | $19.0m | $1.0m | $264k | $10.7m | |
| Payments for (Proceeds from) Other Investing Activities | $27.1m | $36.6m | $46.0m | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($112.2m) | ($78.5m) | ($88.5m) | ($102.1m) | $9.5m | ($87.6m) | ($116.6m) | ($112.2m) | ($87.1m) | ($85.7m) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $176.0m | $231.7m | $353.5m | $277.5m | $159.2m | $287.7m | $319.9m | $254.6m | $276.0m | $92.1m | |
| Dividends paid | $114.2m | $121.0m | $136.4m | $145.6m | $155.9m | $170.6m | $189.3m | $205.9m | $220.4m | $238.2m | |
| Net Cash Provided by (Used in) Financing Activities | ($288.3m) | ($352.9m) | ($490.1m) | ($423.4m) | ($315.3m) | ($458.6m) | ($509.2m) | ($460.5m) | ($496.4m) | ($330.3m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $12.9m | ($11.9m) | ($226k) | $13.3m | ($12.4m) | ($18.3m) | $9.0m | ($21.1m) | $22.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $12.9m | ($11.9m) | ($6.1m) | $303.9m | $44.6m | $39.6m | $73.1m | ($194.2m) | ($73.1m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $270.5m | $574.4m | $619.0m | $658.6m | $731.7m | $537.6m | $464.4m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $233k | $232k | $577k | $548k | $368k | $315k | $272k | $225k | |
| Income Taxes Paid, Net | $219.4m | $191.0m | $137.1m | $191.5m | $128.3m | $219.7m | $217.9m | $168.5m | $143.6m | $41.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.