Heidrick & Struggles International, Inc. (HSII)

HSII Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	37.05	8.73	54.41	79.49	72.57	-37.71
Depreciation & Amortization	20.45	18.86	18.51	10.6	9.96	22.46
Loss (Gain) From Sale of Assets	0.23	0.45	0.21	0.39	0.14	0.29
Asset Writedown & Restructuring Costs	43.25	59.48	7.25	-	9.6	37.17
Loss (Gain) From Sale of Investments	-4.8	-2.66	-2.92	-2.41	-0	-0.15
Stock-Based Compensation	12.24	12.73	10.83	16.69	12.76	10.2
Other Operating Activities	-16.89	-17.5	13.45	7.91	-7	-1.68
Change in Accounts Receivable	-16.37	-4.52	6.91	4.52	-36.82	22.64
Change in Accounts Payable	-1.81	4.63	-0.13	-5.73	-0.33	0.45
Change in Unearned Revenue	8.74	6.27	2.04	-7.24	12.78	-3.69
Change in Income Taxes	4.68	12.33	-6.69	-13.61	11.38	-4.02
Change in Other Net Operating Assets	61.08	51.64	-130.66	28.67	186.36	-22.61
Operating Cash Flow	147.86	150.43	-26.79	119.29	271.4	23.35
Operating Cash Flow Growth	16.00%	-	-	-56.05%	1062.17%	-70.31%
Capital Expenditures	-15.41	-26.32	-13.43	-11.13	-6.24	-7.32
Cash Acquisitions	-	-	-49.86	-	-33.52	-
Investment in Securities	-28.22	11.7	196.89	-268.47	18.5	39.95
Investing Cash Flow	-43.64	-14.62	133.6	-279.6	-21.26	32.63
Short-Term Debt Issued	-	-	-	-	-	100
Total Debt Issued	-	-	-	-	-	100
Short-Term Debt Repaid	-	-	-	-	-	-100
Total Debt Repaid	-	-	-	-	-	-100
Repurchase of Common Stock	-4.11	-3.82	-5.05	-3.22	-3.14	-1.55
Common Dividends Paid	-12.36	-12.18	-12.04	-11.86	-11.71	-11.58
Other Financing Activities	-1.02	-0.75	-36.44	-0.61	-0.67	-3.28
Financing Cash Flow	-17.49	-16.74	-53.53	-15.69	-15.52	-16.4
Foreign Exchange Rate Adjustments	4.75	-15.88	3.85	-13.77	-5.86	5.19
Net Cash Flow	91.49	103.2	57.13	-189.77	228.77	44.77
Free Cash Flow	132.44	124.12	-40.23	108.15	265.16	16.03
Free Cash Flow Growth	31.64%	-	-	-59.21%	1554.05%	-78.71%
Free Cash Flow Margin	11.04%	11.30%	-3.92%	10.08%	26.44%	2.58%
Free Cash Flow Per Share	6.20	5.86	-1.94	5.25	13.06	0.83
Cash Interest Paid	-	-	-	-	-	0.76
Cash Income Tax Paid	26.13	26.13	22.14	41.91	28.62	12.15
Levered Free Cash Flow	191.77	110.18	-95.27	138.07	257.5	59.96
Unlevered Free Cash Flow	191.77	110.18	-95.27	138.07	257.5	59.96
Change in Working Capital	56.32	70.35	-128.53	6.62	173.37	-7.22

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q