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| Date | Value |
|---|---|
| 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% |