Heidrick & Struggles International (HSII)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 54,410 | 79,486 | 72,572 | -37,707 | 46,869 |
| Revenue | US$ in thousands | 1,041,180 | 1,083,590 | 1,008,470 | 629,370 | 725,614 |
| Net profit margin | 5.23% | 7.34% | 7.20% | -5.99% | 6.46% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $54,410K ÷ $1,041,180K
= 5.23%
The net profit margin reflects the profitability of Heidrick & Struggles International, Inc. over the past five years. In 2023, the net profit margin decreased to 5.23% from 7.34% in 2022, indicating a decline in the company's ability to generate profits from its revenue. However, the net profit margin in 2023 remained positive, unlike in 2020 when it was negative at -5.99%.
Comparing the net profit margin in 2023 to 2019, there has been a noticeable decrease from 6.46% to 5.23%. This downward trend suggests a potential challenge in optimizing operational efficiency and controlling costs to enhance overall profitability. Investors and stakeholders may closely monitor future financial performance to assess management's efforts in improving the company's profitability.
Peer comparison
Dec 31, 2023