HireQuest (HQI) Total Debt (2018 - 2025)
HireQuest (HQI) reported Total Debt of $2.2 million for Q3 2025, down 83.56% on a YoY basis from $13.4 million in Q3 2024, and down 49.16% quarter-over-quarter from $4.3 million in Q2 2025.
HireQuest (HQI) Total Debt (2018 - 2025) Analysis & Trends
HireQuest has reported Total Debt for 8 years, with the latest figure 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.
- The five-year high for Total Debt was $16.9 million in Q2 2023, with the low at $210233.0 in Q3 2021.
- Historically, Total Debt has averaged $6.9 million across 5 years, with a median of $5.0 million in 2022.
- Annual changes were most pronounced in 2022 — Total Debt surged 2580.36% — and 2023, when it sank 87.06%.
- HireQuest's Total Debt stood at $3.1 million in 2021, then surged by 30.3% to $4.0 million in 2022, then soared by 256.72% to $14.3 million in 2023, then plunged by 52.08% to $6.8 million in 2024, then plunged 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 | 3.69 Bn | 2.72 Bn | 724.93 Mn | 398.35 Mn |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | - |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 896.00 Mn |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | 1.15 Bn |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | 369.00 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 | 91.50 Mn |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | - |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | 73.90 Mn |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |