HireQuest (HQI) Gross Margin (2010 - 2022)
HireQuest's (HQI) quarterly Gross Margin came in at 104.93% in Q4 2022, down 128318.0% YoY from N/an in Q4 2021, and little changed on a QoQ basis from 104.96% in Q3 2022.
HireQuest (HQI) Gross Margin (2010 - 2022) Analysis & Trends
HireQuest (HQI) has 12 years of Gross Margin data on file, last reported at 104.93% in Q4 2022.
- Quarterly Gross Margin fell 128318.0% year-over-year to 104.93% in Q4 2022, while the trailing twelve-month figure through Dec 2022 was 104.74% (down 3212.0% YoY) and the FY2021 annual result came in at 100.27%, up 27.0% from the prior year.
- Gross Margin steadied at 104.93% in Q4 2022, from 104.96% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 1388.11% in Q4 2021 to a low of 24.53% in Q3 2018.
- A 5-year average of 162.49% and a median of 100.0% in 2020 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2021 — Gross Margin jumped 128811 bps — and 2022, when it tumbled 128318 bps.
- Tracing HQI's Gross Margin over 5 years: stood at 24.53% in 2018, then jumped 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 slumped by 92 bps to 104.93% in 2022.
- The last three Gross Margin figures came in at 104.93% (Q4 2022), 104.96% (Q3 2022), and 104.26% (Q2 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.38 Bn | 4.06 Bn | 474.03 Mn | 35.47% |
| 2 | Korn Ferry | 4.35 Bn | 3.22 Bn | 685.99 Mn | 89.29% |
| 3 | Trinet | 3.16 Bn | 1.29 Bn | - | - |
| 4 | ManpowerGroup | 2.84 Bn | 2.66 Bn | 780.30 Mn | 16.05% |
| 5 | Insperity | 1.98 Bn | 1.36 Bn | 217.00 Mn | 12.87% |
| 6 | Kforce | 972.09 Mn | 971.76 Mn | 99.45 Mn | 28.47% |
| 7 | Barrett Business Services | 807.62 Mn | 708.23 Mn | 64.85 Mn | 20.31% |
| 8 | Kelly Services | 579.49 Mn | 555.29 Mn | 212.00 Mn | 20.42% |
| 9 | TrueBlue | 320.26 Mn | 297.01 Mn | 91.58 Mn | 20.67% |
| 10 | HireQuest | 232.43 Mn | 230.79 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 104.93% |
| 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% |