Heidrick & Struggles International (HSII)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 1,141,590 | 1,175,640 | 1,106,800 | 787,812 | 844,173 |
| ROA | 4.77% | 6.76% | 6.56% | -4.79% | 5.55% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $54,410K ÷ $1,141,590K
= 4.77%
The return on assets (ROA) for Heidrick & Struggles International, Inc. has exhibited fluctuations over the past five years. In 2023, the ROA stood at 4.77%, representing a decrease from the previous year's level of 6.76% in 2022. Over the five-year period, the ROA has varied, reaching its highest point in 2022 at 6.76% and its lowest point in 2020 at -4.79%. The positive ROA figures indicate that the company has been able to generate profits relative to its total assets, apart from the negative figure in 2020. The notable increase in 2022 followed by a decline in 2023 may suggest a shift in the company's profitability and asset utilization efficiency. Further analysis of the company's financial performance and operational strategies would be needed to understand the factors contributing to the variations in the ROA over the years.
Peer comparison
Dec 31, 2023