Heidrick & Struggles International (HSII)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 8,728 | 54,410 | 79,486 | 72,572 | -37,707 |
| Revenue | US$ in thousands | 1,115,680 | 1,041,180 | 1,083,590 | 1,008,470 | 629,370 |
| Net profit margin | 0.78% | 5.23% | 7.34% | 7.20% | -5.99% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $8,728K ÷ $1,115,680K
= 0.78%
Based on the provided data, Heidrick & Struggles International's net profit margin has displayed fluctuations over the years. It recorded a negative net profit margin of -5.99% at the end of 2020, indicating that the company incurred losses relative to its revenue during that period.
However, there was a significant turnaround in the subsequent years, with the net profit margin improving to 7.20% by the end of 2021 and further increasing to 7.34% by the end of 2022. These positive margins suggest that the company was able to generate profits from its operations and maintain a healthy level of profitability.
In 2023, there was a slight decline in the net profit margin to 5.23%, indicating a dip in profitability compared to the previous year. The trend continued in 2024, with the net profit margin decreasing further to 0.78%. This decline could be attributed to various factors such as increased expenses, changes in revenue streams, or economic conditions impacting the company's performance.
Overall, while Heidrick & Struggles International showed improvement in profitability in the years following 2020, there was a subsequent decline in the net profit margin towards the end of the period covered by the data. It would be crucial for stakeholders to further analyze the company's financial performance and identify key drivers behind these fluctuations in net profit margin.
Peer comparison
Dec 31, 2024