HireQuest (HQI) Gross Margin (2010 - 2022)
HireQuest's Gross Margin was 99.89% in Q4 2022, up 3.30 percentage points from 96.59% a year earlier but down 5.07 percentage points from the prior quarter.
HireQuest (HQI) Gross Margin (2010 - 2022) Analysis & Trends
For FY2022, Gross Margin at HireQuest came in at 26.00%, down 74.26 percentage points from FY2021.
- Gross Margin shows a five-year change of +0.07 percentage points (FY2017 to FY2022).
- In earlier years, Gross Margin was 100.27% in FY2021 (+0.27 pp), 100.00% in FY2020 and 25.61% in FY2018 (-0.32 pp).
- Quarterly Gross Margin has moved between 24.53% (Q3 2018) and 104.96% (Q3 2022) over five years.
- Compared with a year earlier, Gross Margin has increased for four straight quarters, with an average year-over-year change of +2.79 percentage points over the last five quarters.
- The best year-over-year quarter for Gross Margin over five years was Q3 2019 (a gain of 78.13 percentage points); the worst was Q4 2021 (a drop of 3.41 percentage points).
- Per Business Quant data, HQI's Gross Margin in the three quarters before Q4 2022 was 104.96% (Q3 2022), 104.26% (Q2 2022) and 104.83% (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 32.77% |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 50.95% |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | 52.76% |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | 31.19% |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 52.84% |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | 8.51% |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 51.10% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 70.95% |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | - |
| 10 | HireQuest | 274.25 Mn | 266.59 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 99.89% |
| Sep 30, 2022 | 104.96% |
| Jun 30, 2022 | 104.26% |
| Mar 31, 2022 | 104.83% |
| Dec 31, 2021 | 96.59% |
| 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% |
HireQuest Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HQI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HQI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HQI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();