Heidrick & Struggles International, Inc. is a leadership advisory firm providing executive search, leadership consulting and culture shaping services to businesses and business leaders worldwide. The Company partners with respected organizations globally to build and sustain the best leadership teams in the world, with a specialized focus on the placement of top-level senior executives. Heidrick & Struggles believes that focusing on top-level senior executives provides the opportunity for several advantages including access to and influence with key decision makers, increased potential for recurring search and consulting engagements, higher fees per search, enhanced brand visibility, and a leveraged global footprint. Working at the top of client organizations also facilitates the attraction and retention of high-caliber consultants who desire to serve top industry executives and their leadership needs. The Company's executive search services derive revenue through the fees generated for each search engagement, which generally are based on the annual compensation for the placed executive.
Heidrick & Struggles Office Locations
Heidrick & Struggles Financials and Metrics
Heidrick & Struggles Financials
| USD | |
|---|---|
Revenue (FY, 2017) | 640.1 m |
Net income (FY, 2017) | (48.6 m) |
EBIT (FY, 2017) | (26.5 m) |
Market capitalization (18-Apr-2018) | 604.2 m |
Cash (31-Dec-2017) | 207.5 m |
- Source: SEC Filings
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 123.5 m | 115.5 m | 141 m | 130.3 m | 118.5 m | 137.7 m | 142.9 m | 134.3 m | 153.8 m | 148.2 m | 144.2 m | 157.1 m | 164.5 m |
Sales and marketing expense | 81.7 m | 75.9 m | 92.1 m | 84 m | 78.5 m | 90.7 m | 95.7 m | 91.1 m | 101.5 m | 95.4 m | 97.2 m | 103.4 m | 108.5 m |
General and administrative expense | 29 m | 34.4 m | 31.4 m | 32.2 m | 30 m | 33.2 m | 29.8 m | 35.2 m | 35.6 m | 36.2 m | 36.1 m | 38.1 m | 37.2 m |
Operating expense total | 115.2 m | 114.8 m | 128.4 m | 120.7 m | 111.8 m | 128.5 m | 129.9 m | 130.4 m | 142.1 m | 136.2 m | 137.5 m | 185.5 m | 150.4 m |
- Source: SEC Filings
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 132.8 m | 101.4 m | 123.4 m | 159.5 m | 107.6 m | 119.9 m | 129 m | 62 m | 85.4 m | 100 m | 68.3 m | 58.2 m | 105.7 m |
Accounts Receivable | 11.5 m | 85.4 m | 105 m | 94.1 m | 83 m | 97.3 m | 106.7 m | 95.5 m | 107.1 m | 114.7 m | 111.4 m | 124.4 m | 129.6 m |
Current Assets | 267.7 m | 226.5 m | 269.8 m | 294.4 m | 243.2 m | 270.7 m | 290.1 m | 203.1 m | 231.8 m | 259 m | 225.1 m | 225.6 m | 280.7 m |
PP&E | 35.7 m | 33.8 m | 32.1 m | 30.1 m | 34.3 m | 34.6 m | 35.6 m | 35.3 m | 36.5 m | 36.1 m | 40.1 m | 41.5 m | 41.9 m |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 4.1 m | (744 k) | 3.8 m | 3 m | 3.4 m | 8.4 m | 15.9 m | 1.3 m | 8 m | 14.9 m | 650 k | (17.6 m) | (9.4 m) |
Depreciation and Amortization | 6.7 m | 10 m | 3.7 m | 7.6 m | 11.7 m | 3.8 m | 7.6 m | 11.3 m | |||||
Accounts Payable | 5.5 m | 5.5 m | 7.7 m | 258 k | (1.3 m) | 1.5 m | (1 m) | 2.3 m | (325 k) | 63 k | 49 k | ||
Cash From Operating Activities | (63.1 m) | (20 m) | (119.2 m) | (85 m) | (49 m) | (110.5 m) | (86.2 m) | (36 m) |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 360.5 k |
Financial Leverage | 2.8 x |
