Hirequest Gross Profit from 2010 to 2024

HQI Stock  USD 15.64  0.12  0.77%   
Hirequest's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is predicted to flatten to about 19.4 M. Gross Profit is the profit Hirequest makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2002-03-31
Previous Quarter
M
Current Value
9.4 M
Quarterly Volatility
17 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hirequest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hirequest's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Interest Expense of 1.5 M or Total Revenue of 59.1 M, as well as many indicators such as Price To Sales Ratio of 5.29, Dividend Yield of 0.0151 or PTB Ratio of 5.83. Hirequest financial statements analysis is a perfect complement when working with Hirequest Valuation or Volatility modules.
  
Check out the analysis of Hirequest Correlation against competitors.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.

Latest Hirequest's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Hirequest over the last few years. Gross profit is a required income statement account that reflects total revenue of Hirequest minus its cost of goods sold. It is profit before Hirequest operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Hirequest's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hirequest's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 30.95 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Hirequest Gross Profit Regression Statistics

Arithmetic Mean21,790,540
Geometric Mean15,658,258
Coefficient Of Variation36.26
Mean Deviation5,487,854
Median23,765,585
Standard Deviation7,901,096
Sample Variance62.4T
Range35M
R-Value0.40
Mean Square Error56.5T
R-Squared0.16
Significance0.14
Slope705,676
Total Sum of Squares874T

Hirequest Gross Profit History

202419.4 M
202335.1 M
202228.9 M
202122.6 M
202013.8 M
201915.9 M
201824.9 M

Other Fundumenentals of Hirequest

Hirequest Gross Profit component correlations

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0.950.870.74-0.190.36-0.120.94-0.630.90.420.210.780.93-0.70.830.840.910.270.8-0.630.62-0.59-0.63
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0.350.280.010.420.110.230.030.23-0.40.19-0.680.670.450.170.230.060.36-0.58-0.05-0.40.46-0.39-0.4
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0.40.470.580.27-0.40.16-0.270.51-0.20.58-0.580.85-0.10.14-0.80.480.540.30.71-0.20.08-0.15-0.2
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0.650.640.540.62-0.160.14-0.210.6-0.80.570.46-0.040.680.64-0.430.610.570.650.080.54-0.8-0.95-0.8
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About Hirequest Financial Statements

Investors use fundamental indicators, such as Hirequest's Gross Profit, to determine how well the company is positioned to perform in the future. Although Hirequest's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit35.1 M19.4 M
Gross Profit Margin 0.84  0.88 

Currently Active Assets on Macroaxis

When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:
Check out the analysis of Hirequest Correlation against competitors.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hirequest. If investors know Hirequest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hirequest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.007
Dividend Share
0.24
Earnings Share
0.14
Revenue Per Share
2.626
Quarterly Revenue Growth
0.016
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hirequest's market value can be influenced by many factors that don't directly affect Hirequest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.