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Heidrick & Struggles International (Heidrick & Struggles International) ROE %

: 13.18% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Heidrick & Struggles International's annualized net income for the quarter that ended in Dec. 2023 was $59 Mil. Heidrick & Struggles International's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $451 Mil. Therefore, Heidrick & Struggles International's annualized ROE % for the quarter that ended in Dec. 2023 was 13.18%.

The historical rank and industry rank for Heidrick & Struggles International's ROE % or its related term are showing as below:

HSII' s ROE % Range Over the Past 10 Years
Min: -20.64   Med: 9.67   Max: 24.05
Current: 12.59

During the past 13 years, Heidrick & Struggles International's highest ROE % was 24.05%. The lowest was -20.64%. And the median was 9.67%.

HSII's ROE % is ranked better than
63.95% of 1043 companies
in the Business Services industry
Industry Median: 8.66 vs HSII: 12.59

Heidrick & Struggles International ROE % Historical Data

The historical data trend for Heidrick & Struggles International's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Heidrick & Struggles International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.27 -13.08 24.05 21.29 12.47

Heidrick & Struggles International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.14 14.99 8.46 13.82 13.18

Competitive Comparison

For the Staffing & Employment Services subindustry, Heidrick & Struggles International's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heidrick & Struggles International ROE % Distribution

For the Business Services industry and Industrials sector, Heidrick & Struggles International's ROE % distribution charts can be found below:

* The bar in red indicates where Heidrick & Struggles International's ROE % falls into.



Heidrick & Struggles International ROE % Calculation

Heidrick & Struggles International's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=54.41/( (410.646+462.278)/ 2 )
=54.41/436.462
=12.47 %

Heidrick & Struggles International's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=59.42/( (439.148+462.278)/ 2 )
=59.42/450.713
=13.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Heidrick & Struggles International  (NAS:HSII) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=59.42/450.713
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(59.42 / 1029.56)*(1029.56 / 1091.4185)*(1091.4185 / 450.713)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.77 %*0.9433*2.4215
=ROA %*Equity Multiplier
=5.44 %*2.4215
=13.18 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=59.42/450.713
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (59.42 / 99.896) * (99.896 / 87.456) * (87.456 / 1029.56) * (1029.56 / 1091.4185) * (1091.4185 / 450.713)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5948 * 1.1422 * 8.49 % * 0.9433 * 2.4215
=13.18 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Heidrick & Struggles International ROE % Related Terms

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Heidrick & Struggles International (Heidrick & Struggles International) Business Description

Traded in Other Exchanges
Address
233 South Wacker Drive, Suite 4900, Chicago, IL, USA, 60606-6303
Heidrick & Struggles International Inc is a leadership advisory firm providing executive search and consulting services to businesses and business leaders world wide. The company's operating segment includes the executive search business which operates in the Americas; Europe; Asia Pacific and On-Demand Talent and Heidrick Consulting. It generates maximum revenue from the Americas.
Executives
Mark R Harris officer: Chief Financial Officer C/O HERCULES TECHNOLOGY GROWTH CAPITAL, 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
John L Berisford director C/O THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Michael M Cullen officer: Chief Operating Officer 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Tracey Heaton officer: Chief Legal Officer & Corp Sec C/O HEIDRICK & STRUGGLES INT'L, INC., 233 S. WACKER DR. SUITE 4900, CHICAGO IL 60606
Bear Mary E.g. director C/O IMPERVA, INC., 3400 BRIDGE PARKWAY, STE. 200, REDWOOD SHORES CA 94065
Sarah Payne officer: Chief Human Resources Officer 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Krishnan Rajagopalan officer: President and CEO 2001 PENNSYLVANIA AVENUE, SUITE 800, WASHINGTON DC 20006
Elizabeth L Axelrod director C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE CA 95125
Willem Mesdag director C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Stacey Rauch director C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Adam Warby director 2211 ELLIOTT AVE. SUITE 200, SEATTLE WA 98121
Lyle Logan director ONE TOWER LANE, OAKBROOK TERRACE IL 60181
Clare M. Chapman director 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Laszlo Bock director 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Kamau Coar officer: General Counsel and Secretary 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606