HeadHunter Group (HeadHunter Group) Gross Margin % : 97.65% (As of Mar. 2023)

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What is HeadHunter Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. HeadHunter Group's Gross Profit for the three months ended in Mar. 2023 was $72.1 Mil. HeadHunter Group's Revenue for the three months ended in Mar. 2023 was $73.8 Mil. Therefore, HeadHunter Group's Gross Margin % for the quarter that ended in Mar. 2023 was 97.65%.

The historical rank and industry rank for HeadHunter Group's Gross Margin % or its related term are showing as below:

HHR' s Gross Margin % Range Over the Past 10 Years
Min: 96.92 Med: 97.31 Max: 97.65
Current: 97.28

During the past 8 years, the highest Gross Margin % of HeadHunter Group was 97.65%. The lowest was 96.92%. And the median was 97.31%.

HHR's Gross Margin % is not ranked
in the Business Services industry.
Industry Median: 34.32 vs HHR: 97.28

HeadHunter Group had a gross margin of 97.65% for the quarter that ended in Mar. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for HeadHunter Group was 0.00% per year.

HeadHunter Group Gross Margin % Historical Data

The historical data trend for HeadHunter Group's Gross 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.

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HeadHunter Group Gross Margin % Chart

HeadHunter Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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96.92

97.61

97.65

97.31

97.26

HeadHunter Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Gross Margin %	Get a 7-Day Free Trial															97.59	97.63	97.16	96.78	97.65

Competitive Comparison of HeadHunter Group's Gross Margin %

For the Staffing & Employment Services subindustry, HeadHunter Group's Gross Margin %, along with its competitors' market caps and Gross 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.

HeadHunter Group's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HeadHunter Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where HeadHunter Group's Gross Margin % falls into.

HeadHunter Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

HeadHunter Group's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	287.4	/	295.509
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(295.509 - 8.084)	/	295.509
	=	97.26 %

HeadHunter Group's Gross Margin for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )	=	Gross Profit (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	72.1	/	73.794
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(73.794 - 1.736)	/	73.794
	=	97.65 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

HeadHunter Group (NAS:HHR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

HeadHunter Group had a gross margin of 97.65% for the quarter that ended in Mar. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

HeadHunter Group Gross Margin % Related Terms

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HeadHunter Group (HeadHunter Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » HeadHunter Group PLC (NAS:HHR) » Definitions » Gross Margin %

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HHRU:Russia

Address

9/10 Godovikova Street, Moscow, RUS, 129085

Website

https://www.hh.ru

HeadHunter Group PLC is an online recruitment platform in Russia and the Commonwealth of Independent States region and focus on connecting job seekers with employers. The company offers employers and recruiters paid access to its CV database and job postings platform. It also provides job seekers and employers with services portfolio. The company gets engage with job seekers and employers via its own desktop sites, mobile sites and mobile applications.