Barrett Business Services, Inc. (BBSI) vs Robert Half Inc. (RHI)

Barrett Business Services, Inc. and Robert Half Inc. are both Staffing & Employment Services companies. Robert Half Inc. is the larger, with a market value of $4.5B against $788.4M — 5.7× the size. Barrett Business Services, Inc. trades at the lower P/E: 23.4× against 38.0×. Barrett Business Services, Inc. grew revenue faster over the last twelve months: 5.59% against −4.95%. Barrett Business Services, Inc. has the higher net margin (2.77% vs 2.17%) and the higher return on invested capital (24.0% vs 0.75%). Both pay a dividend; Robert Half Inc. yields more (5.40% vs 0.98%). Across the 22 metrics below, Barrett Business Services, Inc. leads on 14 and Robert Half Inc. on 8.

Valuation

Metric BBSI RHI Staffing & Employment Services median
P/E 23.40 38.03 25.20
P/S 0.63 0.83 0.27
P/B 3.89 3.62 1.09
Price to free cash flow 51.02 20.32 22.56
EV/EBITDA 13.43 46.73 11.83
EV/Sales 0.65 0.76 0.34
Earnings yield 4.27% 2.63% (0.40%)
Free cash flow yield 1.96% 4.92% 2.33%

Profitability

Metric BBSI RHI Staffing & Employment Services median
Gross margin 19.98% 36.80% 25.01%
Operating margin 4.13% 0.20% (0.04%)
Net margin 2.77% 2.17% (0.10%)
Free cash flow margin 1.23% 4.06% 0.88%
Return on equity 16.33% 9.11% 1.16%
Return on assets 4.92% 4.03% (0.07%)
Return on invested capital 24.03% 0.75% 0.00%

Growth

Metric BBSI RHI Staffing & Employment Services median
Revenue growth (TTM) 5.59% (4.95%) (3.32%)
EPS growth (last fiscal year) 5.05% (45.49%) (36.16%)
Revenue growth, 5-year CAGR 7.08% 1.03% 1.03%
Net income growth, 5-year CAGR 10.03% (15.37%) 0.00%

Health

Metric BBSI RHI Staffing & Employment Services median
Debt to equity 0.00 0.00 0.04
Current ratio 1.14 1.47 1.71
Net debt to EBITDA (2.23) (2.94) (0.08)

Dividend

Metric BBSI RHI Staffing & Employment Services median
Dividend yield 0.98% 5.40% 2.30%
Payout ratio 0.24 2.05 0.42

Size

Metric BBSI RHI Staffing & Employment Services median
Market cap 788.37m 4.48b 449.21m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack