Cash Flow Statement
Growth Metrics

HireQuest (HQI) Total Debt (2018 - 2025)

HireQuest posted quarterly Total Debt of $2.2 million for Q3 2025, down 83.56% year-on-year from $13.4 million in Q3 2024, and down 49.16% on a QoQ basis from $4.3 million in Q2 2025.

HireQuest (HQI) has 8 years of Total Debt data on file, last reported at $2.2 million in Q3 2025.

  • For the quarter ending Q3 2025, Total Debt fell 83.56% year-over-year to $2.2 million; the trailing twelve-month figure through Sep 2025 stood at $2.2 million (down 83.56% YoY), and the FY2024 full-year result was $6.8 million, down 52.08% from the prior year.
  • Total Debt for Q3 2025 stood at $2.2 million, down from $4.3 million in the prior quarter.
  • Across five years, Total Debt topped out at $16.9 million in Q2 2023 and bottomed at $210233.0 in Q3 2021.
  • The 5-year median for Total Debt is $5.0 million (2022), against an average of $6.9 million.
  • The widest annual swing landed in 2022, when Total Debt surged 2580.36%; it then tumbled 87.06% in 2023.
  • A 5-year view of Total Debt shows it stood at $3.1 million in 2021, then soared by 30.3% to $4.0 million in 2022, then jumped by 256.72% to $14.3 million in 2023, then tumbled by 52.08% to $6.8 million in 2024, then tumbled by 67.74% to $2.2 million in 2025.
  • The last three Total Debt figures came in at $2.2 million (Q3 2025), $4.3 million (Q2 2025), and $5.5 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Korn Ferry 3.61 Bn 2.64 Bn 724.93 Mn 398.35 Mn
2 Robert Half 2.93 Bn 2.65 Bn 479.91 Mn -
3 Trinet 2.15 Bn 684.96 Mn 1.16 Bn 896.00 Mn
4 ManpowerGroup 1.48 Bn 1.25 Bn 723.00 Mn 1.15 Bn
5 Insperity 1.31 Bn 754.86 Mn 302.00 Mn 369.00 Mn
6 Barrett Business Services 814.51 Mn 722.64 Mn 43.19 Mn -
7 Kforce 805.03 Mn 803.69 Mn 90.07 Mn 91.50 Mn
8 Kelly Services 399.73 Mn 374.13 Mn 196.40 Mn -
9 TrueBlue 187.20 Mn 163.07 Mn 79.02 Mn 73.90 Mn
10 HireQuest 182.43 Mn 181.41 Mn - -

Historic Data

Download Data 🔒
DateValue
Sep 30, 2025 2.20 Mn
Jun 30, 2025 4.33 Mn
Mar 31, 2025 5.46 Mn
Dec 31, 2024 6.83 Mn
Sep 30, 2024 13.40 Mn
Jun 30, 2024 15.70 Mn
Mar 31, 2024 16.11 Mn
Dec 31, 2023 14.25 Mn
Sep 30, 2023 729,000.00
Jun 30, 2023 16.85 Mn
Mar 31, 2023 1.02 Mn
Dec 31, 2022 4.00 Mn
Sep 30, 2022 5.64 Mn
Jun 30, 2022 6.48 Mn
Mar 31, 2022 4.51 Mn
Dec 31, 2021 3.07 Mn
Sep 30, 2021 210,233.00
Jun 30, 2021 3.06 Mn
Mar 31, 2020 27,790.00
Sep 29, 2019 6.89 Mn
Dec 28, 2018 7.74 Mn