Robert Half Trades 80% Below Peak as Protiviti Consulting Grows 9.6%
Robert Half shares currently trade about 80% below their February 2022 peak despite only a 40% drop in operating cash flow. Its consulting arm Protiviti offset staffing weakness with 9.6% international consulting growth in 2025 YTD, suggesting a potential inflection early 2026 as rate headwinds fade and reshoring tailwinds emerge.
1. Executive Leadership Recognized by Industry Analysts
Robert Half announced that Paul F. Gentzkow, president and CEO of Talent Solutions, and George Denlinger, president of U.S. Technology Talent Solutions, have been named to Staffing Industry Analysts’ 2026 North America Staffing 100 list. Gentzkow has steered the firm’s international expansion since 1986, growing revenue from $220 million in 1992 to $3.85 billion in 2024 and establishing operations in over 300 locations across six regions. Denlinger, with the company since 1998, has held senior regional and national roles and now oversees U.S. technology, marketing and creative practices, National Technology Accounts, Managed Technology and Digital Solutions. He also serves as executive sponsor for Robert Half’s partnership with the Association of Latino Professionals for America, underlining his commitment to community engagement and diversity initiatives.
2. Valuation and Business Performance Present Attractive Opportunity
After peaking in early 2022, Robert Half shares have declined by approximately 80%, while operating cash flows have fallen by about 40%. Industry rate pressures have softened in recent months, and the firm’s consulting arm, Protiviti, reported international consulting revenue growth of 9.6% year-to-date for 2025. With macroeconomic headwinds receding, lower financing costs and an uptick in reshoring demand are expected to support staffing volumes. Investors may view an early-2026 inflection point as a catalyst, given the company’s diversified service mix across finance and accounting, technology, marketing, legal, and administrative sectors, and its recent accolades—including placement on Fortune’s Most Admired Companies and 100 Best Companies to Work For lists.