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Resources Connection, Inc. engages in the provision of consulting services to business customers under the Resources Global Professionals (RGP) name in North America, the Asia Pacific, and Europe. The company operates through On-Demand Talent, Consulting, Europe & Asia Pacific, Outsourced Services, and Sitrick segments. Its On-Demand Talent segment includes experts for filling resource gaps. Its Consulting segments offers accounting and finance, technology and digital, risk and compliance, and supply chain transformation services. The company's Outsourced Services segments provides finance, accounting, and human resources services provided to startups, spinouts, and scale-up enterprises. Its Sitrick segment offers a crisis communications and public relations firm that provides corporate, financial, transactional, and crisis communication and management services. The company also provides human resources, information technology, payroll, and legal and real estate support services. In addition, it offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance. Further, the company provides transformations services comprising cloud migration, and data design and analytics. The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000. Resources Connection, Inc. was founded in 1996 and is headquartered in Dallas, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $551M | $11M | $-192M | $16M | -92.6% | -12.9% | -1011.8% |
| 2024 | $633M | $41M | $21M | $21M | 5.0% | -18.4% | -61.3% |
| 2023 | $776M | $85M | $54M | $80M | 13.1% | -3.6% | -19.1% |
| 2022 | $805M | $92M | $67M | $46M | 18.0% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 805.02 | 775.64 | 632.80 | 551.33 |
| Cost Of Revenue | 488.38 | 462.50 | 386.73 | 343.91 |
| Gross Profit | 316.64 | 313.14 | 246.07 | 207.42 |
| Operating Expense | 233.20 | 237 | 213.19 | 204.67 |
| Operating Income | 83.44 | 76.14 | 32.88 | 2.75 |
| EBITDA | 91.92 | 84.70 | 41.30 | 10.50 |
| EBIT | 83.44 | 76.14 | 32.88 | 2.75 |
| Pretax Income | 82.97 | 72.62 | 29.83 | -196.07 |
| Tax Provision | 15.79 | 18.26 | 8.79 | -4.29 |
| Net Income | 67.17 | 54.36 | 21.03 | -191.78 |
| Net Income Common Stockholders | 67.17 | 54.36 | 21.03 | -191.78 |
| Total Expenses | 721.58 | 699.50 | 599.92 | 548.58 |
| Interest Expense | 1.06 | 0.55 | 0 | 0 |
| Selling General And Administration | 224.72 | 228.44 | 204.76 | 196.92 |
| Normalized EBITDA | 91.92 | 88.06 | 45.40 | 210.01 |
| Normalized Income | 67.17 | 56.87 | 23.92 | 3.34 |
| Basic EPS | 2.04 | 1.63 | 0.63 | -5.80 |
| Diluted EPS | 2 | 1.59 | 0.62 | -5.80 |
| Tax Effect Of Unusual Items | 0 | -0.84 | -1.21 | -4.39 |
| Tax Rate For Calcs | 0.19 | 0.25 | 0.29 | 0.02 |
| Total Unusual Items | 0 | -3.35 | -4.10 | -199.51 |
| Total Unusual Items Excluding Goodwill | 0 | -3.35 | -4.10 | -199.51 |
| Net Income From Continuing Operation Net Minority Interest | 67.17 | 54.36 | 21.03 | -191.78 |
| Reconciled Depreciation | 8.48 | 8.56 | 8.43 | 7.75 |
| Reconciled Cost Of Revenue | 488.38 | 462.50 | 386.73 | 343.91 |
| Net Interest Income | -1.06 | -0.55 | 1.06 | 0.54 |
| Net Income From Continuing And Discontinued Operation | 67.17 | 54.36 | 21.03 | -191.78 |
| Total Operating Income As Reported | 83.44 | 72.79 | 28.78 | -196.76 |
| Diluted Average Shares | 33.56 | 34.19 | 33.90 | 33.06 |
| Basic Average Shares | 32.95 | 33.41 | 33.45 | 33.06 |
| Diluted NI Availto Com Stockholders | 67.17 | 54.36 | 21.03 | -191.78 |
| Net Income Including Noncontrolling Interests | 67.17 | 54.36 | 21.03 | -191.78 |
| Net Income Continuous Operations | 67.17 | 54.36 | 21.03 | -191.78 |
| Other Income Expense | 0.59 | -2.97 | -4.11 | -199.37 |
| Other Non Operating Income Expenses | 0.59 | 0.38 | -0.01 | 0.14 |
| Special Income Charges | 0 | -3.35 | -4.10 | -199.51 |
| Impairment Of Capital Assets | 0 | 2.96 | 0 | 194.41 |
| Restructuring And Mergern Acquisition | 0 | 0.40 | 4.10 | 5.10 |
| Net Non Operating Interest Income Expense | -1.06 | -0.55 | 1.06 | 0.54 |
| Total Other Finance Cost | 1.06 | 0.55 | -1.06 | -0.54 |
| Interest Expense Non Operating | 1.06 | 0.55 | 0 | 0 |
| Depreciation Amortization Depletion Income Statement | 8.48 | 8.56 | 8.43 | 7.75 |
| Depreciation And Amortization In Income Statement | 8.48 | 8.56 | 8.43 | 7.75 |
| Amortization | 4.91 | 5.02 | 5.38 | 5.88 |
| Amortization Of Intangibles Income Statement | 4.91 | 5.02 | 5.38 | 5.88 |
| Depreciation Income Statement | 3.58 | 3.54 | 3.05 | 1.87 |
| Operating Revenue | 805.02 | 775.64 | 632.80 | 551.33 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Resources Connection, Inc.this co. | RGP | $140M | - | 0.75 | -92.6% | 11.99 |
| TrueBlue, Inc. | TBI | $149M | - | 0.54 | -17.5% | -31.74 |
| Atlantic International Corp. | ATLN | $140M | - | -3.06 | 185.2% | -5.02 |
| Mammoth Energy Services, Inc. | TUSK | $138M | - | 0.54 | 1.8% | -1.24 |
| SKYX Platforms Corp. | SKYX | $135M |
| - |
| -9.02 |
| -8118.2% |
| -6.62 |
| The Eastern Company | EML | $134M | 22.70 | 1.08 | 5.7% | 9.14 |
| DMC Global Inc. | BOOM | $129M | - | 0.53 | -4.2% | 9.35 |
| Byrna Technologies Inc. | BYRN | $128M | 15.72 | 1.93 | 14.7% | 9.07 |
| JELD-WEN Holding, Inc. | JELD | $123M | - | 1.33 | -673.6% | 29.19 |
| Peer Median | - | 19.21 | 0.54 | -1.2% | 3.92 | |