Resources Connection, Inc.
RGP Industrials Consulting Services
Resources Connection, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $452.0 million, down 18.0% from fiscal 2025. In the quarter to August 2026, revenue fell 18.4%, EPS fell 229.6% and free cash flow fell 140.5%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Resources Connection, Inc. (RGP) Altman Z-score
Resources Connection, Inc.'s Altman Z-score for fiscal 2026 is 1.83, in the grey zone (1.81–2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 1.83 | 1.15 |
| FY2025 | 0.69 | (3.87) |
| FY2024 | 4.56 | (0.57) |
| FY2023 | 5.12 | 1.01 |
| FY2022 | 4.11 | (0.02) |
| FY2021 | 4.14 | 0.38 |
| FY2020 | 3.76 | (1.75) |
| FY2019 | 5.51 | 0.52 |
| FY2018 | 4.98 | (0.48) |
| FY2017 | 5.47 | (2.56) |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.40 | — | 0.48 | |
| Retained earnings / total assets | (0.68) | — | −0.95 | |
| EBIT / total assets | (0.15) | — | −0.49 | |
| Market value of equity / total liabilities | 1.73 | — | 1.04 | |
| Sales / total assets | 1.76 | — | 1.76 | |
| Altman Z-score | Grey zone | 1.83 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Grey zone | 1.43 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| EFTY Etoiles Capital Group Co., Ltd. compare | 59.3× |
| EGG Enigmatig Limited compare | 41.9× |
| RYOJ rYojbaba Co., Ltd. compare | 2.7× |
| RGP Resources Connection, Inc. | 1.8× |
| AERT Aeries Technology, Inc. compare | 1.1× |
| FORR Forrester Research, Inc. compare | 0.5× |
| LAWR Robot Consulting Co., Ltd. compare | −0.1× |
| DGNX Diginex Limited compare | −3.2× |
| ACCL Acco Group Holdings Limited compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets