Heidrick & Struggles International
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
17.62
Price/Sales ratio
0.88
Earnings per Share (EPS)
$2.76

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
61.7529.1229.04-9.4411.9613.24-15.0311.756.9510.8723.3711.96
Price/Sales ratio
0.810.910.740.710.800.850.900.840.510.560.820.80
Price/Book Value ratio
1.711.951.732.152.202.002.112.531.341.271.862.00
Price/Cash Flow ratio
7.398.6618.036.855.737.8924.283.144.63-22.077.905.73
Price/Free Cash Flow ratio
7.8512.1222.998.676.088.2435.373.215.10-14.708.986.08
Price/Earnings Growth ratio
10.800.19-2.700.02-0.05-2.160.08-0.041.84-0.36-0.68-2.16
Dividend Yield
2.35%2.00%2.22%2.20%1.72%1.90%2.12%1.45%2.25%2.11%1.35%1.90%
Profitability Indicator Ratios
Gross Profit Margin
34.25%32.63%33.42%32.15%31.17%30.84%28.43%23.62%25.42%26.51%25.18%30.84%
Operating Profit Margin
5.19%6.21%5.86%-4.14%9.36%8.75%21.47%9.74%10.36%8.40%7.09%8.75%
Pretax Profit Margin
4.71%5.75%6.28%-4.59%9.58%9.54%-4.98%10.51%10.63%8.51%6.26%9.54%
Net Profit Margin
1.32%3.12%2.56%-7.59%6.70%6.45%-5.99%7.19%7.33%5.22%3.53%6.45%
Effective Tax Rate
71.89%45.70%59.18%-65.32%30.07%32.35%-20.09%31.55%31.02%38.63%43.65%30.07%
Return on Assets
1.19%2.99%2.65%-8.28%7.03%5.55%-4.78%6.55%6.76%4.76%3.36%5.55%
Return On Equity
2.77%6.72%5.96%-22.86%18.45%15.16%-14.09%21.59%19.35%11.77%8.22%15.16%
Return on Capital Employed
7.34%9.92%9.76%-8.25%18.04%12.73%28.78%17.17%19.12%12.44%10.32%12.73%
Liquidity Ratios
Current Ratio
1.601.341.351.291.411.431.48N/AN/AN/A1.721.41
Quick Ratio
1.441.231.251.211.341.371.421.351.351.581.721.34
Cash ratio
1.020.830.740.780.870.780.991.010.600.940.910.87
Days of Sales Outstanding
59.9153.8359.5458.5258.8468.3265.8962.9458.1661.5679.5858.84
Days of Inventory outstanding
35.8326.0819.7018.4916.4114.6815.3610.3010.88N/AN/A14.68
Operating Cycle
95.7579.9179.2577.0275.2583.0081.2673.2569.0461.5679.5875.25
Days of Payables Outstanding
5.946.077.258.256.606.277.139.656.609.949.616.60
Cash Conversion Cycle
89.8173.8372.0068.7668.6476.7374.1363.5962.4451.6269.9768.64
Debt Ratios
Debt Ratio
0.05N/AN/AN/AN/A0.130.140.070.070.080.010.13
Debt Equity Ratio
0.12N/AN/AN/AN/A0.350.430.250.200.210.030.35
Long-term Debt to Capitalization
0.08N/AN/AN/AN/A0.200.240.160.130.14N/A0.20
Total Debt to Capitalization
0.10N/AN/AN/AN/A0.260.300.200.160.170.030.26
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A15.32N/A
Cash Flow to Debt Ratio
1.92N/AN/AN/AN/A0.710.203.191.43-0.266.006.00
Company Equity Multiplier
2.322.242.242.762.622.732.943.292.862.462.372.73
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.110.100.040.100.130.100.030.260.11-0.020.100.10
Free Cash Flow / Operating Cash Flow Ratio
0.940.710.780.790.940.950.680.970.901.500.880.95
Cash Flow Coverage Ratio
1.92N/AN/AN/AN/A0.710.203.191.43-0.266.006.00
Short Term Coverage Ratio
9.46N/AN/AN/AN/A2.540.8014.036.10-1.246.002.54
Dividend Payout Ratio
145.12%58.31%64.58%-20.78%20.65%25.25%-31.99%17.05%15.68%23.04%33.09%20.65%