Heidrick & Struggles International (HSII)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 462,278 | 410,646 | 336,020 | 267,602 | 309,115 |
| ROE | 11.77% | 19.36% | 21.60% | -14.09% | 15.16% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $54,410K ÷ $462,278K
= 11.77%
The Return on Equity (ROE) of Heidrick & Struggles International, Inc. has fluctuated over the past five years, as evidenced by the data provided.
In 2023, the ROE was 11.77%, showing a decrease from the previous year's 19.36%. This decline may indicate a decrease in the company's profitability in 2023 compared to 2022.
In 2022, the ROE was 19.36%, which was a positive increase compared to 2021 when the ROE was 21.60%. This rise suggests improved efficiency in generating profits from shareholders' equity in 2022 compared to 2021.
In 2021, the ROE was 21.60%, indicating a strong performance in profitability compared to the negative ROE of -14.09% in 2020. The significant recovery from a negative ROE in 2020 could signify improved financial health and operational efficiency.
In 2020, the ROE was -14.09%, reflecting a period of unprofitability and inefficiency in utilizing shareholders' equity to generate returns. This negative ROE may raise concerns about the company's financial performance and management decisions in 2020.
In 2019, the ROE was 15.16%, indicating a decent level of profitability and efficiency in utilizing equity to generate returns that year.
Overall, the fluctuation in ROE over the past five years suggests varying levels of profitability and efficiency in Heidrick & Struggles International, Inc.'s operations. This analysis highlights the importance of monitoring ROE as a key indicator of a company's financial performance and effectiveness in utilizing shareholders' equity.
Peer comparison
Dec 31, 2023