Robert Half International Inc. (RHI) Balance Sheet
RHI balance sheet, 2025
December 31, 2025 · U.S. dollars$2.86B assets = $1.58B liabilities + $1.28B equity
Both columns are drawn to the same scale: what RHI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RHI financial health
Descriptive bands, not a rating. Fiscal 2025.
RHI balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.78B2016 | $2.86B2025 | +5.4%/yr | |
| Total liabilities | $691.4M2016 | $1.58B2025 | +9.6%/yr | |
| Shareholders’ equity | $1.09B2016 | $1.28B2025 | +1.8%/yr | |
| Cash & short-term investments | $260.2M2016 | $464.4M2025 | +6.6%/yr | |
| Total debt | $1.0M2016 | $421.3M2025 | +95.6%/yr | |
| Net cash (debt) | $259.2M2016 | $43.2M2025 | −$216.0M | |
| Working capital | $604.3M2016 | $714.7M2025 | +$110.4M | |
| Book value per share | $8.442016 | $12.722025 | +4.7%/yr | |
| Current ratio | 1.892016 | 1.522025 | −0.37 | |
| Debt / equity | 0.002016 | 0.332025 | +0.33 | |
| Shares outstanding | 128.8M2016 | 100.3M2025 | −2.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RHI assets
RHI liabilities and equity
RHI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RHI balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $464.4M | $537.6M | $731.7M | $658.6M | $619.0M | $574.4M | $270.5M | $276.6M | $294.8M | $260.2M |
| Cash & equivalents | $464.4M | $537.6M | $731.7M | $658.6M | $619.0M | $574.4M | $270.5M | $276.6M | $294.8M | $260.2M |
| Short-term investments | — | — | $28.6M | — | — | — | — | — | $0 | $0 |
| Receivables | $748.5M | $772.3M | $860.9M | $1.02B | $984.7M | $714.2M | $832.8M | $794.4M | $732.4M | $703.2M |
| Inventory | $0 | $0 | $670.1M | $558.2M | $609.2M | $1 | $1 | $311.7M | $292.3M | $1 |
| Other current assets | $886.3M | $819.6M | $3.4M | $0 | $55.6M | $554.1M | $525.6M | $90.9M | $112.4M | $320.8M |
| Total current assets | $2.10B | $2.13B | $2.27B | $2.23B | $2.27B | $1.84B | $1.63B | $1.47B | $1.43B | $1.28B |
| Property, plant & equipment (net) | $331.9M | $317.9M | $318.1M | $311.7M | $322.2M | $372.5M | $369.4M | $125.2M | $144.9M | $161.5M |
| Goodwill & intangible assets | $253.3M | $238.4M | $240.4M | $243.1M | $226.2M | $228.6M | $212.1M | $213.1M | $215.8M | $213.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $171.9M | $168.6M | $186.2M | $180.7M | $135.4M | $113.5M | $101.0M | $91.2M | $74.9M | $118.8M |
| Total assets | $2.86B | $2.85B | $3.01B | $2.96B | $2.95B | $2.56B | $2.31B | $1.90B | $1.87B | $1.78B |
| Liabilities | ||||||||||
| Accounts payable | $137.5M | $142.9M | $132.1M | $146.2M | $158.2M | $112.5M | $110.9M | $168.0M | $126.9M | $135.5M |
| Short-term debt | $69.8M | $64.6M | $80.5M | $86.1M | $83.8M | $78.8M | $71.6M | $200,000 | $183,000 | $167,000 |
| Deferred revenue | $21.9M | $24.0M | $24.6M | $22.0M | $25.6M | $18.3M | $12.9M | — | — | — |
| Total current liabilities | $1.38B | $1.29B | $1.24B | $1.22B | $1.36B | $1.05B | $940.7M | $819.5M | $747.9M | $679.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $239,000 | $457,000 | $657,000 | $840,000 |
| Lease obligations | $245.5M | $233.5M | $241.9M | $237.9M | $265.1M | $302.5M | $273.4M | — | — | — |
| Other long-term liabilities | $195.9M | $190.7M | $187.3M | $179.7M | $212.6M | $305.5M | $226.8M | $19.9M | $13.6M | $10.6M |
| Total liabilities | $1.58B | $1.48B | $1.42B | $1.40B | $1.57B | $1.35B | $1.17B | $839.9M | $762.2M | $691.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $101,000 | $102,000 | $105,000 | $108,000 | $111,000 | $113,000 | $115,000 | $119,000 | $124,000 | $128,000 |
| Retained earnings (deficit) | $0 | $24.9M | $266.2M | $318.5M | $167.7M | $29.9M | $36.1M | $0 | $37.0M | $84.6M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$29.2M | −$65.1M | −$32.6M | −$43.6M | −$22.6M | −$4.7M | −$20.0M | −$16.1M | $3.5M | −$20.5M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.28B | $1.38B | $1.59B | $1.57B | $1.38B | $1.21B | $1.14B | $1.06B | $1.11B | $1.09B |
| Key figures | ||||||||||
| Total debt | $421.3M | $402.4M | $403.3M | $389.6M | $446.4M | $526.6M | $475.8M | $657,000 | $840,000 | $1.0M |
| Net cash (debt) | $43.2M | $135.2M | $328.4M | $269.0M | $172.6M | $47.8M | −$205.3M | $275.9M | $293.9M | $259.2M |
| Working capital | $714.7M | $843.7M | $1.03B | $1.01B | $909.9M | $796.1M | $688.2M | $654.1M | $684.0M | $604.3M |
| Tangible book value | $1.02B | $1.14B | $1.35B | $1.33B | $1.15B | $976.6M | $931.6M | $850.1M | $889.4M | $873.1M |
| Book value per share | $12.72 | $13.38 | $14.97 | $14.37 | $12.36 | $10.64 | $9.82 | $8.74 | $8.85 | $8.44 |
| Shares outstanding | 100.3M | 103.0M | 106.1M | 109.2M | 111.7M | 113.3M | 116.4M | 121.6M | 124.9M | 128.8M |
| Current ratio | 1.52 | 1.66 | 1.83 | 1.83 | 1.67 | 1.76 | 1.73 | 1.80 | 1.91 | 1.89 |
| Quick ratio | 0.88 | 1.02 | 1.29 | 1.38 | 1.18 | 1.23 | 1.17 | 1.31 | 1.37 | 1.42 |
| Debt / equity | 0.33 | 0.29 | 0.25 | 0.25 | 0.32 | 0.44 | 0.42 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 44.7% | 48.3% | 52.8% | 52.9% | 46.8% | 47.1% | 49.5% | 55.9% | 59.2% | 61.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $324.7M | $278.4M | $464.4M | $365.3M | $380.5M | $342.5M | $537.6M | $570.5M | $547.4M | $540.9M | $731.7M | $729.5M |
| Cash & equivalents | $324.7M | $278.4M | $464.4M | $365.3M | $380.5M | $342.5M | $537.6M | $570.5M | $547.4M | $540.9M | $731.7M | $729.5M |
| Short-term investments | — | — | — | — | — | — | — | — | — | $1.46B | $28.6M | — |
| Receivables | $821.4M | $776.4M | $748.5M | $838.0M | $826.9M | $786.6M | $772.3M | $885.4M | $893.5M | $861.5M | $860.9M | $941.1M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $55.9M | −$786.5M | −$1.65B | $670.1M | $625.9M |
| Other current assets | $991.8M | $914.7M | $886.3M | $912.5M | $870.5M | $837.3M | $819.6M | $744.5M | $1.54B | $2.40B | $3.4M | $0 |
| Total current assets | $2.14B | $1.97B | $2.10B | $2.12B | $2.08B | $1.97B | $2.13B | $2.26B | $2.20B | $2.16B | $2.27B | $2.30B |
| Property, plant & equipment (net) | $324.3M | $336.3M | $331.9M | $328.6M | $332.7M | $328.1M | $317.9M | $324.6M | $313.8M | $315.6M | $318.1M | $291.3M |
| Goodwill & intangible assets | $252.2M | $252.7M | $253.3M | $253.6M | $254.0M | $238.3M | $238.4M | $239.5M | $239.5M | $239.9M | $240.4M | $240.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $144.1M | $145.3M | $171.9M | $148.3M | $167.5M | $164.2M | $168.6M | $161.8M | $187.3M | $178.8M | $186.2M | $192.8M |
| Total assets | $2.86B | $2.70B | $2.86B | $2.85B | $2.83B | $2.70B | $2.85B | $2.98B | $2.94B | $2.89B | $3.01B | $3.02B |
| Liabilities | ||||||||||||
| Accounts payable | $171.7M | $129.9M | $137.5M | $134.3M | $132.4M | $128.7M | $142.9M | $136.8M | $143.9M | $126.5M | $132.1M | $128.8M |
| Short-term debt | $66.5M | $69.2M | $69.8M | $69.7M | $69.3M | $67.3M | $64.6M | $65.9M | $70.9M | $75.7M | $80.5M | $80.7M |
| Deferred revenue | — | $15.8M | $21.9M | $17.1M | $17.4M | $15.9M | $24.0M | $24.6M | $15.0M | $18.8M | $24.6M | $14.5M |
| Total current liabilities | $1.46B | $1.27B | $1.38B | $1.36B | $1.32B | $1.19B | $1.29B | $1.31B | $1.26B | $1.18B | $1.24B | $1.28B |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $240.8M | $252.0M | $245.5M | $240.8M | $243.6M | $242.6M | $233.5M | $239.0M | $238.9M | $241.0M | $241.9M | $215.4M |
| Other long-term liabilities | $194.8M | $203.6M | $195.9M | $195.4M | $197.7M | $193.4M | $190.7M | $198.1M | $194.3M | $190.9M | $187.3M | $164.8M |
| Total liabilities | $1.65B | $1.47B | $1.58B | $1.56B | $1.52B | $1.38B | $1.48B | $1.51B | $1.46B | $1.37B | $1.42B | $1.44B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $102,000 | $102,000 | $101,000 | $101,000 | $102,000 | $102,000 | $102,000 | $103,000 | $104,000 | $105,000 | $105,000 | $106,000 |
| Retained earnings (deficit) | $0 | $0 | $0 | $0 | $0 | $0 | $24.9M | $104.4M | $143.5M | $191.7M | $266.2M | $290.2M |
| Accumulated other comprehensive income | −$35.2M | −$33.2M | −$29.2M | −$32.6M | −$30.0M | −$53.7M | −$65.1M | −$33.5M | −$50.6M | −$44.0M | −$32.6M | −$50.0M |
| Total shareholders' equity | $1.21B | $1.23B | $1.28B | $1.29B | $1.31B | $1.31B | $1.38B | $1.47B | $1.48B | $1.52B | $1.59B | $1.58B |
| Key figures | ||||||||||||
| Total debt | $240.8M | $252.0M | $421.3M | $411.8M | $418.0M | $418.0M | $402.4M | $412.0M | $406.9M | $406.3M | $403.3M | $350.1M |
| Net cash (debt) | $83.9M | $26.4M | $43.2M | −$46.5M | −$37.5M | −$75.5M | $135.2M | $158.5M | $140.5M | $134.6M | $328.4M | $379.4M |
| Working capital | $681.9M | $700.6M | $714.7M | $750.9M | $755.3M | $776.0M | $843.7M | $946.1M | $933.9M | $976.0M | $1.03B | $1.02B |
| Tangible book value | $955.5M | $978.6M | $1.02B | $1.03B | $1.06B | $1.07B | $1.14B | $1.23B | $1.24B | $1.28B | $1.35B | $1.34B |
| Book value per share | $12.04 | $12.32 | $12.80 | $12.79 | $13.02 | $13.00 | $13.38 | $14.39 | $14.32 | $14.55 | $15.13 | $14.93 |
| Shares outstanding | 100.3M | 99.9M | 99.7M | 100.5M | 100.8M | 101.0M | 103.0M | 102.4M | 103.3M | 104.4M | 105.0M | 105.8M |
| Current ratio | 1.47 | 1.55 | 1.52 | 1.55 | 1.57 | 1.65 | 1.66 | 1.72 | 1.74 | 1.83 | 1.83 | 1.80 |
| Quick ratio | 0.79 | 0.83 | 0.88 | 0.88 | 0.91 | 0.95 | 1.02 | 1.11 | 1.14 | 1.19 | 1.29 | 1.31 |
| Debt / equity | 0.20 | 0.20 | 0.33 | 0.32 | 0.32 | 0.32 | 0.29 | 0.28 | 0.27 | 0.27 | 0.25 | 0.22 |
| Equity / assets | 42.2% | 45.5% | 44.7% | 45.2% | 46.3% | 48.7% | 48.3% | 49.4% | 50.4% | 52.6% | 52.8% | 52.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 13, 2026); data from EODHD.
RHI financial position
At the end of fiscal 2025 (December 31, 2025), Robert Half International had total assets of $2.9 billion (up 0.1% from a year earlier), total liabilities of $1.6 billion and shareholders' equity of $1.3 billion. It held $464.4 million in cash and short-term investments against $421.3 million of debt, a net cash position of $43.2 million. Its current ratio was 1.52. In the latest quarter (ended June 30, 2026) total assets were $2.9 billion and equity $1.2 billion.
Related: RHI income statement, RHI cash flow statement, RHI key metrics. See the RHI stock overview for the latest quote and news.
RHI balance sheet FAQ
What are Robert Half International's total assets?
Robert Half International reported total assets of $2.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.9 billion a year earlier.
How much debt does Robert Half International have?
Robert Half International had $421.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.33.
How much cash does Robert Half International have?
Robert Half International held $464.4 million in cash and short-term investments at the end of fiscal 2025; with $421.3 million of debt that is net cash of $43.2 million.
What is Robert Half International's book value?
Robert Half International's shareholders' equity (book value) was $1.3 billion at the end of fiscal 2025, or $12.72 per share.
What is Robert Half International's current ratio?
Robert Half International had current assets of $2.1 billion and current liabilities of $1.4 billion, a current ratio of 1.52 (it can cover its short-term obligations).
How much goodwill does Robert Half International have?
Robert Half International carried $253.3 million of goodwill and intangible assets, 8.9% of total assets, at the end of fiscal 2025.