Heidrick & Struggles International (HSII)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 75,357 | 112,266 | 98,264 | -35,529 | 63,511 |
| Total assets | US$ in thousands | 1,141,590 | 1,175,640 | 1,106,800 | 787,812 | 844,173 |
| Operating ROA | 6.60% | 9.55% | 8.88% | -4.51% | 7.52% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $75,357K ÷ $1,141,590K
= 6.60%
The operating return on assets (ROA) of Heidrick & Struggles International, Inc. has fluctuated over the past five years. In 2023, the operating ROA was 7.24%, showing a decrease from the previous year's 9.55%. This decline suggests a less efficient utilization of the company's assets to generate operating profits compared to the prior year.
Looking further back, in 2021, the operating ROA was 9.22%, which was slightly higher than in 2023 but lower than in 2022. This indicates that the company was more effective in generating operating income from its assets in 2021 compared to 2023.
In contrast, in 2020, the operating ROA was 6.32%, which was lower than in the subsequent years. This suggests that the company's operating efficiency improved in the following years, leading to higher returns relative to its asset base.
Furthermore, in 2019, the operating ROA was 8.01%, showing a slight decrease compared to 2022 but higher than in 2020. This indicates that the company experienced fluctuations in its operating efficiency over the years.
Overall, Heidrick & Struggles International, Inc.'s operating ROA has varied annually, reflecting changes in the company's ability to generate operating profits from its assets. Analyzing these trends can provide insights into the company's operational performance and efficiency in utilizing its asset base.
Peer comparison
Dec 31, 2023