Heidrick & Struggles International (HSII)
Return on equity (ROE)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 54,410 | 55,599 | 61,438 | 76,605 | 79,486 | 75,919 | 79,591 | 76,207 | 72,572 | 65,633 | 14,957 | -31,541 | -37,707 | -32,690 | 3,435 | 43,448 | 46,869 | 47,509 | 54,031 | 51,214 |
| Total stockholders’ equity | US$ in thousands | 462,278 | 439,148 | 428,317 | 421,112 | 410,646 | 384,531 | 368,474 | 350,765 | 336,020 | 323,256 | 299,553 | 278,570 | 267,602 | 261,066 | 286,203 | 311,765 | 309,115 | 296,635 | 288,449 | 273,419 |
| ROE | 11.77% | 12.66% | 14.34% | 18.19% | 19.36% | 19.74% | 21.60% | 21.73% | 21.60% | 20.30% | 4.99% | -11.32% | -14.09% | -12.52% | 1.20% | 13.94% | 15.16% | 16.02% | 18.73% | 18.73% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $54,410K ÷ $462,278K
= 11.77%
Heidrick & Struggles International, Inc.'s return on equity (ROE) has exhibited a declining trend over the past eight quarters. The ROE decreased from 21.73% in Q1 2022 to 11.77% in Q4 2023. This indicates a decrease in the company's ability to generate profits from shareholders' equity during this period. It is important to investigate the reasons behind this decline in ROE, as it could be attributed to various factors such as decreasing profitability, increasing leverage, or inefficient utilization of equity. Further analysis of the company's financial performance and operations is necessary to determine the underlying causes of the decreasing ROE trend.
Peer comparison
Dec 31, 2023