HireQuest (HQI) Gross Margin (2010 - 2022)

HireQuest (HQI) reported Gross Margin of 2129.37% for Q4 2022, up 74125.0% on a YoY basis from N/an in Q4 2021, and up 1928.82% quarter-over-quarter from 104.96% in Q3 2022.

HireQuest (HQI) Gross Margin (2010 - 2022) Analysis & Trends

HireQuest has reported Gross Margin for 12 years, with the latest figure at 2129.37% in Q4 2022.

  • For the quarter ending Q4 2022, Gross Margin rose 74125.0% year-over-year to 2129.37%; the trailing twelve-month figure through Dec 2022 stood at 137.56% (up 71.0% YoY), and the FY2022 full-year result was 26.0%, down 7426.0% from the prior year.
  • Gross Margin for Q4 2022 stood at 2129.37%, up from 104.96% in the prior quarter.
  • The five-year high for Gross Margin was 2129.37% in Q4 2022, with the low at 24.53% in Q3 2018.
  • Historically, Gross Margin has averaged 297.46% across 5 years, with a median of 100.0% in 2020.
  • Annual changes were most pronounced in 2018 — Gross Margin slumped 239 bps — and 2021, when it jumped 128811 bps.
  • HireQuest's Gross Margin stood at 24.53% in 2018, then surged by 318 bps to 102.66% in 2019, then retreated by 3 bps to 100.0% in 2020, then soared by 1288 bps to 1388.11% in 2021, then jumped by 53 bps to 2129.37% in 2022.
  • The last three Gross Margin figures came in at 2129.37% (Q4 2022), 104.96% (Q3 2022), and 104.26% (Q2 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Korn Ferry 3.69 Bn 2.72 Bn 724.93 Mn 99.98%
2 Robert Half 3.13 Bn 2.85 Bn 479.91 Mn 36.91%
3 Trinet 2.12 Bn 660.05 Mn 1.16 Bn 94.37%
4 ManpowerGroup 1.56 Bn 1.34 Bn 723.00 Mn 16.03%
5 Insperity 1.38 Bn 825.54 Mn 302.00 Mn 15.94%
6 Barrett Business Services 828.03 Mn 736.15 Mn 43.19 Mn 14.07%
7 Kforce 777.11 Mn 775.77 Mn 90.07 Mn 27.26%
8 Kelly Services 391.13 Mn 365.53 Mn 196.40 Mn 18.87%
9 TrueBlue 205.89 Mn 181.76 Mn 79.02 Mn 19.83%
10 HireQuest 172.03 Mn 171.01 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2022 2,129.37%
Sep 30, 2022 104.96%
Jun 30, 2022 104.26%
Mar 31, 2022 104.83%
Dec 31, 2021 1,388.11%
Sep 30, 2021 100.00%
Jun 30, 2021 100.00%
Mar 31, 2021 100.00%
Dec 31, 2020 100.00%
Sep 29, 2019 102.66%
Jun 28, 2019 26.37%
Mar 29, 2019 25.89%
Sep 28, 2018 24.53%
Jun 29, 2018 25.97%
Mar 30, 2018 24.90%
Dec 29, 2017 24.51%
Sep 29, 2017 26.92%
Jun 30, 2017 26.50%
Mar 31, 2017 25.68%
Dec 30, 2016 25.69%