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HireRight Holdings (HireRight Holdings) Net Margin % : -2.71% (As of Dec. 2023)


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What is HireRight Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. HireRight Holdings's Net Income for the three months ended in Dec. 2023 was $-4.5 Mil. HireRight Holdings's Revenue for the three months ended in Dec. 2023 was $166.0 Mil. Therefore, HireRight Holdings's net margin for the quarter that ended in Dec. 2023 was -2.71%.

The historical rank and industry rank for HireRight Holdings's Net Margin % or its related term are showing as below:

HRT' s Net Margin % Range Over the Past 10 Years
Min: -17.04   Med: -2.92   Max: 17.92
Current: -1.6


HRT's Net Margin % is ranked worse than
79.02% of 1063 companies
in the Business Services industry
Industry Median: 3.96 vs HRT: -1.60

HireRight Holdings Net Margin % Historical Data

The historical data trend for HireRight Holdings's Net Margin % 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.

HireRight Holdings Net Margin % Chart

HireRight Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-10.88 -17.04 -2.92 17.92 -1.60

HireRight Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.71 -4.51 1.31 -0.88 -2.71

Competitive Comparison of HireRight Holdings's Net Margin %

For the Staffing & Employment Services subindustry, HireRight Holdings's Net Margin %, along with its competitors' market caps and Net Margin % 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.


HireRight Holdings's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HireRight Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where HireRight Holdings's Net Margin % falls into.



HireRight Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

HireRight Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-11.56/721.877
=-1.60 %

HireRight Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-4.506/166.044
=-2.71 %

* 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.


HireRight Holdings  (NYSE:HRT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


HireRight Holdings Net Margin % Related Terms

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HireRight Holdings (HireRight Holdings) Business Description

Traded in Other Exchanges
N/A
Address
100 Centerview Drive, Suite 300, Nashville, TN, USA, 37214
HireRight Holdings Corp is a global provider of technology-driven workforce risk management and compliance solutions. It provides comprehensive background screening, verification, identification, monitoring, and drug and health screening services. It offers services via a unified global software and data platform that tightly integrates into its customers' human capital management (HCM) systems enabling effective and efficient workflows for workforce hiring, onboarding, and monitoring. The company's revenues is derived from contracts to provide services. Majority of the revenue is generated from United States.
Executives
Mary O'loughlin officer: EVP, North America 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
Michael E Ensor officer: SVP, Global Head of Operations 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
James R Daxner officer: EVP, Global Head of Product 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
James Laplaine director 100 CENTERVIEW DR,, NASHVILLE TN 37214
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Rjc Gis Holdings Llc 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
Venkat Bhamidipati director 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence M Kutscher director ONE DIAMOND HILL RD, MURRAY HILL NJ 07974
Jeanne S. Conrad 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
Raymond W. Conrad 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic Genpar (bermuda), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY,LLC, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
General Atlantic Partners (bermuda) Hrg Ii, L.p. director, 10 percent owner C/O CONYERS CLIENT SERVICES LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
General Atlantic (spv) Gp (bermuda), Llc director, 10 percent owner C/O CONYERS CLIENT SERVICES LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Gap (bermuda) L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055