NASDAQ$HSII
Heidrick & Struggles International Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Heidrick & Struggles reported strong Q4 2024 financial results with 9% revenue growth.
Heidrick & Struggles delivered a solid fourth quarter, reporting net revenue of $276.2 million, reflecting a 9% year-over-year growth. Adjusted net income increased by 54% to $22.9 million, with adjusted diluted EPS of $1.08. The company saw growth across all business segments, with Executive Search leading at a 10.1% increase. Adjusted EBITDA was $26.1 million, with a margin of 9.5%.
- Q4 revenue increased by 9% year-over-year to $276.2 million.
- Adjusted net income grew 54% to $22.9 million, with adjusted EPS of $1.08.
- Executive Search revenue rose 10.1% to $202.5 million.
- Adjusted EBITDA margin was 9.5%, reflecting solid profitability.
Headline financials
Revenue & EPS history
Heidrick & Struggles · Revenue · Quarterly
$276M
Revenue by segment
Heidrick & Struggles · $263M total across 3 segments · Q3 2023
- Executive Search$199M-6.6%75.5%
- On-Demand Talent$41.1M+76.6%15.6%
- Heidrick Consulting$23.3M+21.8%8.9%
Forward guidance
Heidrick & Struggles expects Q1 2025 revenue to range between $263 million and $273 million, with continued growth in Executive Search and Consulting services.
Tailwinds
- Projected Q1 2025 revenue between $263 million and $273 million.
- Continued demand for leadership advisory and talent solutions.
- Focus on consultant retention and productivity improvements.
- Enhancing AI-driven consulting capabilities for long-term growth.
- Expected strong cash flow generation and dividend continuity.
Headwinds
- Macroeconomic volatility may impact client hiring decisions.
- Geopolitical risks could influence demand in international markets.
- Competitive pressures in the talent consulting industry remain high.
- Potential currency fluctuations may impact revenue performance.
- Consulting segment faces margin pressure due to increased investments.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 6 quarterly earnings reports · overlaid with Q4 2024
+2.0%
Avg return
Earnings day
+10.0%
Avg return
5 days after
+10.5%
Avg return
30 days after
58%
37 / 64 earnings
Positive
+27.6%
Q4 2018
Best reaction
-19.4%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | — | — | — | |
| Q3 2025 | +0.0% | -0.0% | +0.3% | |
| Q2 2025 | +4.8% | +3.8% | +15.9% | |
| Q1 2025 | +3.8% | +8.2% | +11.4% | |
| Q4 2024 | +12.3% | +18.0% | +4.1% | |
| Q3 2024 | +7.6% | +20.7% | +16.7% | |
| Q2 2024 | +14.3% | +6.1% | +6.4% | |
| Q1 2024 | -1.4% | +8.3% | +16.6% | |
| Q4 2023 | +16.5% | +15.2% | +12.6% | |
| Q3 2023 | +7.6% | — | — | |
| Q2 2023 | +3.8% | — | — | |
| Q1 2023 | -11.1% | — | — | |
| Q4 2022 | +14.8% | — | — | |
| Q3 2022 | -5.4% | — | — | |
| Q2 2022 | +1.5% | — | — | |
| Q1 2022 | -19.4% | — | — | |
| Q4 2021 | -5.6% | — | — | |
| Q3 2021 | +2.1% | — | — | |
| Q2 2021 | +3.0% | — | — | |
| Q1 2021 | +7.7% | — | — | |
| Q4 2020 | +8.6% | — | — | |
| Q3 2020 | +9.0% | — | — | |
| Q2 2020 | +1.1% | — | — | |
| Q1 2020 | -3.5% | — | — | |
| Q4 2019 | -18.6% | — | — | |
| Q3 2019 | +1.3% | — | — | |
| Q2 2019 | -3.1% | — | — | |
| Q1 2019 | -8.5% | — | — | |
| Q4 2018 | +27.6% | — | — | |
| Q3 2018 | +25.5% | — | — | |
| Q2 2018 | +18.2% | — | — | |
| Q1 2018 | +18.4% | — | — | |
| Q4 2017 | +1.2% | — | — | |
| Q3 2017 | +15.7% | — | — | |
| Q2 2017 | -10.6% | — | — | |
| Q1 2017 | -15.9% | — | — | |
| Q4 2016 | +13.7% | — | — | |
| Q3 2016 | -13.4% | — | — | |
| Q2 2016 | +19.7% | — | — | |
| Q1 2016 | -16.6% | — | — | |
| Q4 2015 | -0.4% | — | — | |
| Q3 2015 | +26.4% | — | — | |
| Q2 2015 | -6.1% | — | — | |
| Q1 2015 | +4.2% | — | — | |
| Q4 2014 | +2.3% | — | — | |
| Q3 2014 | -4.7% | — | — | |
| Q2 2014 | +5.6% | — | — | |
| Q1 2014 | -2.3% | — | — | |
| Q4 2013 | +2.4% | — | — | |
| Q3 2013 | +0.3% | — | — | |
| Q2 2013 | +2.6% | — | — | |
| Q1 2013 | +11.6% | — | — | |
| Q4 2012 | -17.6% | — | — | |
| Q3 2012 | -0.5% | — | — | |
| Q2 2012 | -14.8% | — | — | |
| Q1 2011 | -5.6% | — | — | |
| Q1 2012 | -0.8% | — | — | |
| Q4 2009 | +2.7% | — | — | |
| Q4 2011 | +2.7% | — | — | |
| Q3 2010 | +1.2% | — | — | |
| Q3 2011 | +1.2% | — | — | |
| Q2 2011 | -2.2% | — | — | |
| Q2 2010 | -2.2% | — | — | |
| Q4 2010 | -2.2% | — | — | |
| Q1 2010 | -4.0% | — | — |
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