HireQuest (HQI) Gross Profit (2010 - 2022)
HireQuest (HQI) reported Gross Profit of $8.0 million for Q4 2022, up 23.11% on a YoY basis from $6.5 million in Q4 2021, and down 2.29% quarter-over-quarter from $8.2 million in Q3 2022.
HireQuest (HQI) Gross Profit (2010 - 2022) Analysis & Trends
HireQuest has reported Gross Profit for 12 years, with the latest figure at $8.0 million in Q4 2022.
- For the quarter ending Q4 2022, Gross Profit rose 23.11% year-over-year to $8.0 million; the trailing twelve-month figure through Dec 2022 stood at $32.0 million (up 42.09% YoY), and the FY2022 full-year result was $8.0 million, down 64.37% from the prior year.
- Gross Profit for Q4 2022 stood at $8.0 million, down from $8.2 million in the prior quarter.
- The five-year high for Gross Profit was $16.1 million in Q4 2018, with the low at $3.4 million in Q3 2019.
- Historically, Gross Profit has averaged $6.7 million across 5 years, with a median of $6.5 million in 2018.
- Annual changes were most pronounced in 2018 — Gross Profit surged 168.62% — and 2019, when it tumbled 47.62%.
- HireQuest's Gross Profit stood at $16.1 million in 2018, then slumped by 79.06% to $3.4 million in 2019, then grew by 0.74% to $3.4 million in 2020, then jumped by 91.98% to $6.5 million in 2021, then rose by 23.11% to $8.0 million in 2022.
- The last three Gross Profit figures came in at $8.0 million (Q4 2022), $8.2 million (Q3 2022), and $8.3 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 8.05 Mn |
| Dec 31, 2022 | 8.05 Mn |
| Sep 30, 2022 | 8.24 Mn |
| Sep 30, 2022 | 8.24 Mn |
| Jun 30, 2022 | 8.34 Mn |
| Jun 30, 2022 | 8.34 Mn |
| Mar 31, 2022 | 7.38 Mn |
| Mar 31, 2022 | 7.38 Mn |
| Dec 31, 2021 | 6.54 Mn |
| Dec 31, 2021 | 6.54 Mn |
| Sep 30, 2021 | 6.88 Mn |
| Sep 30, 2021 | 6.88 Mn |
| Jun 30, 2021 | 5.71 Mn |
| Jun 30, 2021 | 5.71 Mn |
| Mar 31, 2021 | 3.40 Mn |
| Mar 31, 2021 | 3.40 Mn |
| Dec 31, 2020 | 3.41 Mn |
| Dec 31, 2020 | 3.41 Mn |
| Sep 29, 2019 | 3.38 Mn |
| Sep 29, 2019 | 3.38 Mn |