Quhuo (QH) Operating Margin (2019 - 2025)
Quhuo's (QH) quarterly Operating Margin came in at 7.74% in Q4 2025, down 1010.0% year-over-year from 0.85% in Q4 2024, and down 428.32% quarter-over-quarter from 2.36% in Q4 2024.
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Analysis
Quhuo (QH) Operating Margin (2019 - 2025) Analysis & Trends
Quhuo (QH) has reported Operating Margin for 7 consecutive years, with 7.74% the latest figure, recorded in Q4 2025.
- On a quarterly basis, Operating Margin fell 1010.0% year-over-year to 7.74% in Q4 2025; TTM through Dec 2025 was 0.4%, a 69.0% decrease from a year earlier, with the FY2025 full-year figure at 7.05%, down 671.0% from the prior year.
- Operating Margin was 7.74% for Q4 2025 at Quhuo, down from 2.36% in the prior quarter.
- Over five years, Operating Margin peaked at 2.36% in Q4 2024 and troughed at 8.37% in Q1 2021.
- A 5-year average of 2.12% and a median of 1.61% in 2021 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin soared 471 bps in 2022 and tumbled 1010 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 2.48% in 2021, then surged by 190 bps to 2.23% in 2022, then slumped by 89 bps to 0.24% in 2023, then jumped by 878 bps to 2.36% in 2024, then tumbled by 428 bps to 7.74% in 2025.
- The last three Operating Margin figures came in at 7.74% (Q4 2025), 2.36% (Q4 2024), and 0.24% (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.36 Bn | 4.03 Bn | 474.03 Mn | -4.66% |
| 2 | Trinet | 3.17 Bn | 1.29 Bn | - | - |
| 3 | ManpowerGroup | 2.88 Bn | 2.70 Bn | 780.30 Mn | 2.30% |
| 4 | Insperity | 1.99 Bn | 1.37 Bn | 217.00 Mn | 0.36% |
| 5 | Amn Healthcare Services | 1.31 Bn | 1.28 Bn | 205.88 Mn | 4.00% |
| 6 | Kforce | 975.68 Mn | 975.35 Mn | 99.45 Mn | 5.37% |
| 7 | Barrett Business Services | 816.32 Mn | 716.93 Mn | 64.85 Mn | 4.82% |
| 8 | Quhuo | 561.27 Mn | 554.90 Mn | 1.19 Mn | -7.74% |
| 9 | Kelly Services | 530.01 Mn | 505.81 Mn | 212.00 Mn | 1.55% |
| 10 | Cross Country Healthcare | 428.41 Mn | 322.82 Mn | 47.59 Mn | -1.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -7.74% |
| Dec 31, 2024 | 2.36% |
| Dec 31, 2023 | 0.24% |
| Dec 31, 2022 | 2.23% |
| Dec 31, 2021 | -2.48% |
| Sep 30, 2021 | -1.74% |
| Jun 30, 2021 | -1.48% |
| Mar 31, 2021 | -8.37% |
| Dec 31, 2020 | -0.81% |
| Sep 30, 2020 | -3.12% |
| Jun 30, 2020 | 5.40% |
| Mar 31, 2020 | -4.87% |
| Dec 31, 2019 | -0.34% |
| Sep 30, 2019 | 2.01% |
| Jun 30, 2019 | -11.95% |