NASDAQ : HQI
HireQuest, Inc. — Financial statements
Industrials · Staffing & Employment Services · United States
Last price 16.3 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 226.41M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
HireQuest, Inc. (HQI) reported revenue of 30.15M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 30.15M | 30.64M | 34.60M | 37.88M | 30.95M | 22.53M |
| Gross Profit | 30.15M | 30.64M | 34.60M | 37.88M | 30.95M | 22.53M |
| Selling, General & Admin | 17.82M | 20.68M | 21.41M | 24.45M | 12.87M | 13.33M |
| Operating Expenses | 20.90M | 23.68M | 24.20M | 27.24M | 14.91M | 14.88M |
| Operating Income | 9.25M | 6.96M | 10.40M | 10.64M | 16.04M | 7.65M |
| Interest Expense | -131.00K | -307.00K | -923.00K | -1.08M | -368.00K | -157.00K |
| Interest & Investment Income | 467.00K | 511.00K | 556.00K | 263.00K | 247.00K | 413.00K |
| Other Non Operating Income (Expenses) | 189.00K | 223.00K | 106.00K | 362.00K | -2.05M | 61.00K |
| EBT Excluding Unusual Items | 9.78M | 7.38M | 10.14M | 10.19M | 13.87M | 7.97M |
| Impairment of Goodwill | -4.79M | |||||
| Gain (Loss) on Sale of Assets | 145.00K | -100.00K | -2.10M | -1.11M | ||
| Asset Writedown | -674.00K | -674.00K | -1.24M | |||
| Other Unusual Items | 139.00K | -310.00K | 5.62M | |||
| Pretax Income | 9.25M | 6.71M | 4.15M | 7.78M | 13.87M | 12.48M |
| Income Tax Expense | 824.00K | 100.00K | 221.00K | 1.34M | 1.90M | 635.00K |
| Earnings From Continuing Operations | 8.42M | 6.61M | 3.92M | 6.43M | 11.97M | 11.84M |
| Earnings From Discontinued Operations | -263.00K | -279.00K | -253.00K | -300.00K | 483.00K | 9.00K |
| Net Income | 8.16M | 6.33M | 3.67M | 6.13M | 12.46M | 11.85M |
| Net Income to Common | 8.16M | 6.33M | 3.67M | 6.13M | 12.46M | 11.85M |
| Shares Outstanding (Basic) | 13.91M | 13.96M | 13.84M | 13.73M | 13.65M | 13.49M |
| Shares Outstanding (Diluted) | 13.91M | 13.98M | 13.92M | 13.80M | 13.72M | 13.61M |
| EPS (Basic) | 0.59 | 0.45 | 0.27 | 0.45 | 0.91 | 0.88 |
| EPS (Diluted) | 0.58 | 0.45 | 0.26 | 0.45 | 0.91 | 0.87 |
| Free Cash Flow | 9.45M | 11.99M | 11.97M | 10.52M | 16.78M | 15.98M |
| Free Cash Flow Per Share | 0.68 | 0.86 | 0.86 | 0.76 | 1.22 | 1.18 |
| Dividend Per Share | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.23 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | 30.68% | 22.70% | 30.07% | 28.09% | 51.82% | 33.96% |
| Profit Margin | 27.06% | 20.66% | 10.61% | 16.20% | 40.25% | 52.60% |
| Free Cash Flow Margin | 31.35% | 39.13% | 34.60% | 27.78% | 54.21% | 70.94% |
| EBITDA | 12.33M | 9.96M | 13.19M | 13.43M | 18.08M | 9.20M |
| EBITDA Margin | 40.89% | 32.52% | 38.13% | 35.46% | 58.41% | 40.84% |
| D&A For EBITDA | 3.08M | 3.01M | 2.79M | 2.79M | 2.04M | 1.55M |
| EBIT | 9.25M | 6.96M | 10.40M | 10.64M | 16.04M | 7.65M |
| EBIT Margin | 30.68% | 22.70% | 30.07% | 28.09% | 51.82% | 33.96% |
| Effective Tax Rate | 8.91% | 1.49% | 5.33% | 17.29% | 13.66% | 5.09% |
| Revenue as Reported | 30.15M | 30.64M | 34.60M | 37.88M | 30.95M | 22.53M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.64M | 3.90M | 2.22M | 1.34M | 3.05M | 1.26M |
| Cash & Short-Term Investments | 1.64M | 3.90M | 2.22M | 1.34M | 3.05M | 1.26M |
| Accounts Receivable | 48.86M | 39.28M | 42.35M | 44.39M | 45.73M | 38.24M |
| Receivables | 49.86M | 40.35M | 43.51M | 46.18M | 46.55M | 39.72M |
| Prepaid Expenses | 3.03M | 3.19M | 2.33M | 3.17M | 1.50M | 229.00K |
| Other Current Assets | 812.00K | 905.00K | 1.18M | 755.00K | 837.00K | 799.00K |
| Total Current Assets | 55.34M | 48.35M | 49.24M | 51.45M | 51.93M | 42.00M |
| Property, Plant & Equipment | 3.96M | 4.05M | 4.15M | 4.28M | 4.35M | 4.45M |
| Goodwill | 1.63M | 1.63M | 1.63M | 5.87M | 5.87M | |
| Other Intangible Assets | 22.77M | 24.22M | 28.18M | 31.60M | 33.83M | 25.08M |
| Long-Term Deferred Tax Assets | 1.53M | 1.87M | 2.07M | 325.00K | ||
| Other Long-Term Assets | 2.35M | 2.51M | 2.08M | 2.46M | 4.62M | 3.13M |
| Total Assets | 93.37M | 88.23M | 94.01M | 103.83M | 103.28M | 77.35M |
| Accounts Payable | 377.00K | 192.00K | 174.00K | 137.00K | 448.00K | 1.13M |
| Accrued Expenses | 4.46M | 4.73M | 6.16M | 8.16M | 8.95M | 8.18M |
| Short-Term Debt | 6.83M | 14.12M | 12.54M | 171.00K | ||
| Current Portion of Long-Term Debt | 88.00K | 514.00K | 704.00K | 210.00K | ||
| Other Current Liabilities | 15.39M | 10.43M | 10.85M | 12.78M | 14.13M | 11.79M |
| Total Current Liabilities | 20.23M | 15.35M | 24.10M | 35.71M | 36.78M | 21.47M |
| Long-Term Debt | 132.00K | 3.29M | 2.86M | |||
| Long-Term Deferred Tax Liabilities | 60.00K | 473.00K | ||||
| Other Long-Term Liabilities | 4.29M | 4.56M | 5.11M | 5.25M | 4.90M | 5.82M |
| Total Liabilities | 24.52M | 19.91M | 29.21M | 41.09M | 45.03M | 30.62M |
| Common Stock | 14.00K | 14.00K | 14.00K | 14.00K | 14.00K | 14.00K |
| Additional Paid-In Capital | 37.60M | 37.22M | 36.29M | 34.53M | 32.84M | 30.47M |
| Retained Earnings | 31.24M | 31.23M | 28.65M | 28.34M | 25.54M | 16.39M |
| Treasury Stock | -146.00K | -146.00K | -146.00K | -146.00K | -146.00K | |
| Shareholders' Equity | 68.86M | 68.32M | 64.80M | 62.73M | 58.25M | 46.73M |
| Total Liabilities & Equity | 93.37M | 88.23M | 94.01M | 103.83M | 103.28M | 77.35M |
| Total Debt | 6.92M | 14.77M | 16.54M | 3.24M | ||
| Net Cash (Debt) | 1.64M | 3.90M | -4.70M | -13.42M | -13.49M | -1.98M |
| Net Cash Per Share | 0.12 | 0.28 | -0.34 | -0.97 | -0.98 | -0.15 |
| Filing Date Shares Outstanding | 13.90M | 14.00M | 14.00M | 14.00M | 13.90M | 13.72M |
| Total Common Shares Outstanding | 13.89M | 14.03M | 14.03M | 13.95M | 13.88M | 13.70M |
| Working Capital | 35.11M | 33.00M | 25.14M | 15.74M | 15.15M | 20.53M |
| Book Value Per Share | 4.96 | 4.87 | 4.62 | 4.50 | 4.20 | 3.41 |
| Tangible Book Value | 44.45M | 42.47M | 34.99M | 25.26M | 18.55M | 21.66M |
| Tangible Book Value Per Share | 3.20 | 3.03 | 2.49 | 1.81 | 1.34 | 1.58 |
| Land | 472.00K | 472.00K | 472.00K | 472.00K | 472.00K | |
| Buildings | 4.15M | 4.15M | 4.15M | 4.12M | 4.03M | |
| Machinery | 818.00K | 762.00K | 730.00K | 663.00K | 647.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 8.16M | 6.33M | 3.67M | 6.13M | 12.46M | 11.85M |
| Depreciation & Amortization | 3.08M | 3.01M | 2.79M | 2.79M | 2.04M | 1.55M |
| Loss (Gain) From Sale of Assets | -248.00K | -103.00K | 7.00K | 2.03M | 2.23M | 1.22M |
| Asset Writedown & Restructuring Costs | 674.00K | 674.00K | 6.04M | |||
| Stock-Based Compensation | 817.00K | 936.00K | 1.76M | 1.68M | 2.37M | 1.63M |
| Provision & Write-off of Bad Debts | 676.00K | 596.00K | 424.00K | 540.00K | ||
| Other Operating Activities | 515.00K | 474.00K | -1.48M | 305.00K | -450.00K | -7.64M |
| Change in Accounts Receivable | -6.10M | 3.05M | 2.27M | 1.33M | -974.00K | -3.06M |
| Change in Accounts Payable | 107.00K | 18.00K | 28.00K | -311.00K | -2.19M | 349.00K |
| Change in Other Net Operating Assets | 1.82M | -2.91M | -3.22M | -3.87M | 523.00K | 11.88M |
| Operating Cash Flow | 9.48M | 12.05M | 12.04M | 10.62M | 16.88M | 17.38M |
| Capital Expenditures | -32.00K | -56.00K | -68.00K | -98.00K | -100.00K | -1.40M |
| Sale of Property, Plant & Equipment | 9.32M | 997.00K | ||||
| Cash Acquisitions | -1.70M | -9.75M | -32.35M | -33.74M | ||
| Divestitures | 717.00K | 2.27M | ||||
| Sale (Purchase) of Intangibles | -441.00K | -390.00K | -1.38M | -573.00K | ||
| Other Investing Activities | 179.00K | 352.00K | 1.54M | 881.00K | 941.00K | 5.27M |
| Investing Cash Flow | -45.00K | 296.00K | 44.00K | -7.08M | -23.57M | -29.45M |
| Short-Term Debt Issued | 1.58M | 12.37M | 171.00K | |||
| Long-Term Debt Issued | 3.15M | |||||
| Total Debt Issued | 1.58M | 12.37M | 3.33M | |||
| Short-Term Debt Repaid | -6.83M | -7.29M | ||||
| Long-Term Debt Repaid | -88.00K | -557.00K | -3.35M | -571.00K | -88.00K | |
| Total Debt Repaid | -4.33M | -6.92M | -7.85M | -3.35M | -571.00K | -88.00K |
| Net Debt Issued (Repaid) | -4.33M | -6.92M | -7.85M | -1.77M | 11.80M | 3.24M |
| Issuance of Common Stock | 22.00K | 33.00K | ||||
| Repurchase of Common Stock | -2.80M | -377.00K | ||||
| Common Dividends Paid | -3.36M | -3.37M | -3.36M | -3.34M | -3.31M | -3.14M |
| Other Financing Activities | -131.00K | -476.00K | ||||
| Financing Cash Flow | -10.47M | -10.67M | -11.21M | -5.24M | 8.49M | -347.00K |
| Net Cash Flow | -1.03M | 1.68M | 877.00K | -1.71M | 1.79M | -12.41M |
| Free Cash Flow | 9.45M | 11.99M | 11.97M | 10.52M | 16.78M | 15.98M |
| Free Cash Flow Margin | 31.35% | 39.13% | 34.60% | 27.78% | 54.21% | 70.94% |
| Free Cash Flow Per Share | 0.68 | 0.86 | 0.86 | 0.76 | 1.22 | 1.18 |
| Levered Free Cash Flow | 6.32M | 8.78M | 9.15M | 6.28M | 7.04M | 2.08M |
| Unlevered Free Cash Flow | 6.40M | 8.97M | 9.73M | 6.95M | 7.27M | 2.17M |
| Cash Interest Paid | 104.00K | 281.00K | 957.00K | 1.35M | 273.00K | 110.00K |
| Cash Income Tax Paid | 667.00K | 795.00K | 1.17M | 2.82M | 3.05M | 891.00K |
| Change in Working Capital | -4.17M | 162.00K | -917.00K | -2.84M | -2.64M | 9.16M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 228.50M | 148.19M | 198.24M | 214.01M | 219.41M | 276.23M |
| Enterprise Value | 226.86M | 149.29M | 210.24M | 228.04M | 224.20M | 274.66M |
| Last Close Price | 16.45 | 10.37 | 13.65 | 14.54 | 14.80 | 18.58 |
| PE Ratio | 28.31 | 23.41 | 53.99 | 34.88 | 17.61 | 23.31 |
| Forward PE | 21.93 | 19.83 | 19.80 | 19.19 | 11.71 | 29.22 |
| PS Ratio | 7.58 | 4.84 | 5.73 | 5.65 | 7.09 | 12.26 |
| PB Ratio | 3.32 | 2.17 | 3.06 | 3.41 | 3.77 | 5.91 |
| P/TBV Ratio | 5.14 | 3.49 | 5.67 | 8.47 | 11.83 | 12.75 |
| P/FCF Ratio | 24.17 | 12.36 | 16.56 | 20.34 | 13.08 | 17.29 |
| P/OCF Ratio | 24.09 | 12.30 | 16.47 | 20.15 | 13.00 | 15.89 |
| EV/Sales Ratio | 7.52 | 4.87 | 6.08 | 6.02 | 7.24 | 12.19 |
| EV/EBITDA Ratio | 18.40 | 14.98 | 15.94 | 16.98 | 12.40 | 29.85 |
| EV/EBIT Ratio | 24.53 | 21.46 | 20.21 | 21.43 | 13.98 | 35.90 |
| EV/FCF Ratio | 24.00 | 12.45 | 17.56 | 21.67 | 13.36 | 17.19 |
| Debt / Equity Ratio | 0.11 | 0.23 | 0.28 | 0.07 | ||
| Debt / EBITDA Ratio | 0.52 | 1.10 | 0.91 | 0.35 | ||
| Debt / FCF Ratio | 0.58 | 1.40 | 0.99 | 0.20 | ||
| Net Debt / Equity Ratio | -0.02 | -0.06 | 0.07 | 0.21 | 0.23 | 0.04 |
| Net Debt / EBITDA Ratio | -0.13 | -0.39 | 0.36 | 1.00 | 0.75 | 0.21 |
| Net Debt / FCF Ratio | -0.17 | -0.33 | 0.39 | 1.28 | 0.80 | 0.12 |
| Asset Turnover | 0.32 | 0.34 | 0.35 | 0.37 | 0.34 | 0.36 |
| Quick Ratio | 2.50 | 2.81 | 1.85 | 1.28 | 1.33 | 1.84 |
| Current Ratio | 2.74 | 3.15 | 2.04 | 1.44 | 1.41 | 1.96 |
| Return on Equity (ROE) | 12.49% | 9.93% | 6.16% | 10.64% | 22.81% | 28.50% |
| Return on Assets (ROA) | 6.16% | 4.77% | 6.57% | 6.42% | 11.10% | 7.56% |
| Return on Invested Capital (ROIC) | 12.62% | 10.23% | 13.52% | 11.90% | 22.99% | 20.33% |
| Return on Capital Employed (ROCE) | 12.60% | 9.50% | 14.90% | 15.60% | 24.10% | 13.70% |
| Earnings Yield | 3.53% | 4.27% | 1.85% | 2.87% | 5.68% | 4.29% |
| FCF Yield | 4.14% | 8.09% | 6.04% | 4.92% | 7.65% | 5.79% |
| Dividend Yield | 1.46% | 2.27% | 1.70% | 1.57% | 1.52% | 1.14% |
| Payout Ratio | 41.31% | 53.27% | 91.48% | 54.44% | 26.58% | 26.51% |
| Buyback Yield / Dilution | 0.50% | -0.42% | -0.86% | -0.58% | -0.84% | 0.35% |
| Total Shareholder Return | 1.96% | 1.85% | 0.84% | 0.98% | 0.67% | 1.49% |