Robert Half (RHI) Stock Analysis & Winston Score

Robert Half International helps businesses find workers when they need extra help. The company specializes in placing skilled professionals — mainly accountants, finance workers, lawyers, and technology staff — into temporary or permanent jobs at other companies. It is one of the largest specialized staffing firms in the United States and also runs Protiviti, an internal consulting division that advises companies on risk, compliance, and technology. Robert Half makes money two ways: it earns fees when it places workers at client companies, and Protiviti charges consulting fees for project-based work. The company operates primarily in the United States but also has offices in Europe, Asia, and Australia. Its moat comes from decades of relationships with both employers and job candidates in specialized, hard-to-fill roles. The biggest risk the business faces is economic slowdown — when companies get nervous about the economy, they quickly cut back on hiring temporary workers, which directly squeezes Robert Half's revenue and margins.