Stock

Robert Half

0KX9.L
41
Staffing & Employment Services · Industrials
Price
33.77 GBp
-0.33 (-0.97%)
Market Cap
£3.37B
Exchange
London Stock Exchange
Winston Score
41
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Oct 12, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Weak
5/30
Growth
Weak
1/20
Cash Flow
Strong
7/10
Stability
Exceptional
10/10
Valuation
Strong
7/10
Ownership
Good
8/15
Dividends
Good
3/5

41 of 100 counted points = Winston Score 41.

Share count falling — buybacks

−10.2% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 111.7M (2021) → 100.3M (2025)

§Winston Score History

The full picture

Robert Half International helps businesses find workers when they need extra help. The company specializes in placing skilled professionals — mainly accountants, finance staff, lawyers, and technology workers — into temporary or permanent jobs at other companies. It also runs Protiviti, an internal consulting division that helps businesses manage risk and improve operations.

Robert Half makes money by charging client companies a fee based on the hours or salaries of the workers it places. It operates primarily in the United States but also has offices in Europe, Asia, and Australia, giving it a broad geographic footprint for a staffing firm. The company has built a reputation over decades in specialized finance and accounting roles, which is harder to replicate than general staffing. However, with an operating margin of just 1.4%, the business is sensitive to economic slowdowns — when companies freeze hiring, revenue and profits can fall quickly, which is the main risk investors watch closely.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
35.5%
Modest — 35.5% gross margin
Profit after running costs
Operating Margin
-4.7%
Losing money on operations — -4.7%
Return on the money invested
ROCE
0.8%
Weak — 0.8% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-4.9%
Shrinking sales (-4.9% YoY)
Profit growth
EPS YoY
-34.3%
Earnings shrinking (-34.3% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
0/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
233%
Turns 233% of profit into real cash
Spare cash per sale
FCF Margin
4.1%
Thin free cash flow (4.1%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.06
Conservative — low debt load (0.06)
Covers its interest
Interest Cover
100.00x
—
Comfortably covers interest (100.0x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
29.5x
Growth-priced — P/E 29.5

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+12.3
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (29.5 → 17.2)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
6.92%
Healthy income — 6.92% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record
Dividend Growth
+2.6%
Dividend flat
Payout Ratio
208%
no trend
Paying out more than the last 12 months of profit. The dividend is being funded from cash or borrowing, not this year’s earnings.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial