Robert Half vs Upwork
Robert Half reported revenue of $5.4 billion in fiscal 2025, 6.8 times Upwork's $788 million in fiscal 2025. Robert Half's revenue fell 7.2% in its latest year, and Upwork's grew 2.4%. Robert Half had an operating margin of 1.4%, against 16.4% at Upwork. Free cash flow was $267 million at Robert Half and $242 million at Upwork.
Side by side
| Robert Half | Upwork | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $5.4B | $788M |
| Revenue growth | −7.2% | 2.4% |
| Revenue growth a year, last 5 years | 1.0% | 16.1% |
| Gross margin | 37.2% | 77.8% |
| Operating margin | 1.4% | 16.4% |
| Net margin | 2.5% | 14.7% |
| Free cash flow | $267M | $242M |
| Free cash flow margin | 5.0% | 30.8% |
| Return on capital | 6.3% | 31.0% |
| Net debt to EBITDA | −3.6x | −2.0x |
| Dividends and buybacks | $330M | $136M |
| Change in diluted share count | −2.6% | −1.7% |
| Last close | $44.98 | $9.51 |
| P/E at the last close | 39.1× | 12.4× |
| Insider trades, last 12 months | sold $187,799 | sold $15.8 million |
| Piotroski F-score | 4 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Robert HalfUpwork
Operating margin
Percent of revenue
Robert HalfUpwork
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Robert HalfUpwork
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Robert Half and Upwork pages.