Growth Metrics

HireQuest (HQI) Asset Utilization Ratio (2016 - 2025)

HireQuest (HQI) has disclosed Asset Utilization Ratio for 13 consecutive years, with 0.33 as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Asset Utilization Ratio fell 2.94% year-over-year to 0.33, compared with a TTM value of 0.33 through Sep 2025, down 2.94%, and an annual FY2024 reading of 0.35, down 4.39% over the prior year.
  • Asset Utilization Ratio was 0.33 for Q3 2025 at HireQuest, down from 0.35 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.36 in Q4 2023 and bottomed at 0.24 in Q1 2021.
  • Average Asset Utilization Ratio over 5 years is 0.32, with a median of 0.33 recorded in 2022.
  • The sharpest move saw Asset Utilization Ratio plummeted 56.55% in 2021, then surged 38.07% in 2022.
  • Year by year, Asset Utilization Ratio stood at 0.3 in 2021, then grew by 7.15% to 0.32 in 2022, then grew by 13.02% to 0.36 in 2023, then decreased by 2.92% to 0.35 in 2024, then decreased by 4.81% to 0.33 in 2025.
  • Business Quant data shows Asset Utilization Ratio for HQI at 0.33 in Q3 2025, 0.35 in Q2 2025, and 0.36 in Q1 2025.