HireQuest (HQI) Debt Ratio (2018 - 2025)
HireQuest (HQI) reported Debt Ratio of 0.02 for Q3 2025, down 82.23% on a YoY basis from 0.13 in Q3 2024, and down 49.49% quarter-over-quarter from 0.05 in Q2 2025.
HireQuest (HQI) Debt Ratio (2018 - 2025) Analysis & Trends
HireQuest has reported Debt Ratio for 8 years, with the latest figure at 0.02 in Q3 2025.
- For the quarter ending Q3 2025, Debt Ratio fell 82.23% year-over-year to 0.02; the trailing twelve-month figure through Sep 2025 stood at 0.02 (down 82.23% YoY), and the FY2024 full-year result was 0.07, down 47.08% from the prior year.
- Debt Ratio for Q3 2025 stood at 0.02, down from 0.05 in the prior quarter.
- The five-year high for Debt Ratio was 0.16 in Q2 2023, with the low at 0.0 in Q3 2021.
- Historically, Debt Ratio has averaged 0.07 across 5 years, with a median of 0.06 in 2022.
- Annual changes were most pronounced in 2022 — Debt Ratio jumped 2132.2% — and 2023, when it tumbled 88.96%.
- HireQuest's Debt Ratio stood at 0.04 in 2021, then fell by 2.41% to 0.04 in 2022, then soared by 254.86% to 0.14 in 2023, then plunged by 47.08% to 0.07 in 2024, then slumped by 68.06% to 0.02 in 2025.
- The last three Debt Ratio figures came in at 0.02 (Q3 2025), 0.05 (Q2 2025), and 0.06 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 0.10 |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | - |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 0.26 |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | 0.14 |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | 0.17 |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | - |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | 0.24 |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | - |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | 0.12 |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 0.06 |
| Dec 31, 2024 | 0.07 |
| Sep 30, 2024 | 0.13 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.06 |
| Jun 30, 2022 | 0.07 |
| Mar 31, 2022 | 0.05 |
| Dec 31, 2021 | 0.04 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.04 |
| Mar 31, 2020 | 0.00 |
| Sep 29, 2019 | 0.12 |