HIL · Hill International, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $109.57M | $105.73M | $102.24M | - | $96.60M | $101.55M | $87.09M | - | $88.65M | $94.45M |
| Cost of Revenue | $74.92M | $68.30M | $70.40M | - | $64.20M | $70.26M | $59.85M | - | $60.00M | $65.03M |
| Gross Profit | $34.65M | $37.43M | $31.84M | - | $32.41M | $31.28M | $27.23M | - | $28.65M | $29.42M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $31.04M | $32.25M | $29.54M | - | $28.12M | $27.10M | $27.69M | - | $25.59M | $26.86M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $589.0K | - | - | - | $694.0K | - | - | - |
| Operating Income | $3.32M | $4.47M | $1.01M | - | $4.33M | $2.90M | ($154.0K) | - | $4.74M | $3.31M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $1.82M | $1.34M | $438.0K | - | $1.78M | $1.79M | $1.08M | - | $1.07M | $102.0K |
| Net Income | ($689.0K) | $1.43M | ($544.0K) | - | $1.26M | ($493.0K) | ($2.69M) | - | $2.11M | ($1.95M) |
| EPS - Basic | ($0.01) | $0.02 | ($0.01) | - | $0.02 | ($0.01) | ($0.05) | - | $0.04 | ($0.03) |
| EPS - Diluted | ($0.01) | $0.02 | ($0.01) | - | $0.02 | ($0.01) | ($0.05) | - | $0.04 | ($0.03) |
Balance Sheet
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $22.83M | $20.33M | $23.93M | $21.82M | $26.29M | $20.98M | $18.93M | $34.23M | $33.27M | $23.20M |
| Accounts Receivable | $136.27M | $131.12M | $123.30M | $119.52M | $115.05M | $106.59M | $106.79M | $98.19M | $104.76M | $105.44M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $32.98M | $26.28M | $26.26M | $23.57M | $33.85M | $21.77M | $18.79M | $20.95M | $21.65M | $21.71M |
| Current Assets | $201.07M | $196.18M | $190.28M | $190.48M | $200.50M | $193.63M | $180.25M | $182.90M | $194.29M | $187.57M |
| Total Assets | $284.84M | $284.76M | $281.97M | $283.06M | $294.30M | $288.89M | $276.22M | $272.00M | $282.44M | $274.88M |
| Current Liabilities | $126.24M | $119.52M | $92.37M | $107.42M | $122.77M | $116.35M | $84.14M | $84.97M | $95.94M | $92.11M |
| Long-term Debt | $28.82M | $28.98M | $51.09M | $29.30M | $29.44M | $29.60M | $50.35M | $48.29M | $54.36M | $53.57M |
| Total Liabilities | $187.28M | $184.41M | $181.42M | $179.82M | $187.47M | $182.67M | $170.65M | $162.71M | $171.93M | $167.69M |
| Stockholders' Equity | $97.11M | $99.86M | $100.02M | $102.80M | $106.36M | $105.72M | $105.06M | $107.74M | $109.44M | $106.50M |
| Retained Earnings | ($83.62M) | ($82.93M) | ($84.36M) | ($83.81M) | ($81.47M) | ($82.73M) | ($82.23M) | ($79.54M) | ($77.78M) | ($79.89M) |
Cash Flow
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($3.34M) | - | - | - | ($16.73M) | - | - | - |
| Investing Cash Flow | - | - | ($732.0K) | - | - | - | ($812.0K) | - | - | - |
| Financing Cash Flow | - | - | $5.32M | - | - | - | $3.38M | - | - | - |
| CapEx | - | - | $732.0K | - | - | - | $812.0K | - | - | - |
| Free Cash Flow | - | - | ($4.08M) | - | - | - | ($17.54M) | - | - | - |
Ratios
| Metric | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 31.6% | 35.4% | 31.1% | - | 33.5% | 30.8% | 31.3% | - | 32.3% | 31.1% |
| Operating margin | 3.0% | 4.2% | 1.0% | - | 4.5% | 2.9% | -0.2% | - | 5.4% | 3.5% |
| EBITDA margin | - | - | 1.6% | - | - | - | 0.6% | - | - | - |
| Net margin | -0.6% | 1.4% | -0.5% | - | 1.3% | -0.5% | -3.1% | - | 2.4% | -2.1% |
| Free cash flow margin | - | - | -4.0% | - | - | - | -20.1% | - | - | - |
| FCF / Net income | - | - | 7.49 | - | - | - | 6.52 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 28.3% | 30.5% | 28.9% | - | 29.1% | 26.7% | 31.8% | - | 28.9% | 28.4% |
| Effective tax rate | 160.8% | 48.4% | - | - | 58.6% | 137.9% | - | - | 33.6% | - |
| Return on assets | -0.2% | 0.5% | -0.2% | - | 0.4% | -0.2% | -1.0% | - | 0.7% | -0.7% |
| Return on equity | -0.7% | 1.4% | -0.5% | - | 1.2% | -0.5% | -2.6% | - | 1.9% | -1.8% |
| Return on invested capital | 1.3% | 1.8% | 0.5% | - | 1.6% | 1.1% | -0.1% | - | 1.9% | 1.6% |
| Liquidity | ||||||||||
| Current ratio | 1.59 | 1.64 | 2.06 | 1.77 | 1.63 | 1.66 | 2.14 | 2.15 | 2.03 | 2.04 |
| Quick ratio | 1.59 | 1.64 | 2.06 | 1.77 | 1.63 | 1.66 | 2.14 | 2.15 | 2.03 | 2.04 |
| Cash ratio | 0.18 | 0.17 | 0.26 | 0.20 | 0.21 | 0.18 | 0.23 | 0.40 | 0.35 | 0.25 |
| Leverage | ||||||||||
| Debt / Equity | 0.30 | 0.29 | 0.51 | 0.29 | 0.28 | 0.28 | 0.48 | 0.45 | 0.50 | 0.50 |
| Debt / Assets | 0.10 | 0.10 | 0.18 | 0.10 | 0.10 | 0.10 | 0.18 | 0.18 | 0.19 | 0.19 |
| Debt / EBITDA | - | - | 31.87 | - | - | - | 93.24 | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.93 | 2.85 | 2.82 | 2.75 | 2.77 | 2.73 | 2.63 | 2.52 | 2.58 | 2.58 |
| Liabilities / Assets | 0.66 | 0.65 | 0.64 | 0.64 | 0.64 | 0.63 | 0.62 | 0.60 | 0.61 | 0.61 |
| Efficiency | ||||||||||
| Asset turnover | 0.38 | 0.37 | 0.36 | - | 0.33 | 0.35 | 0.32 | - | 0.31 | 0.34 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 454d | 453d | 440d | - | 435d | 383d | 448d | - | 431d | 407d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 161d | 140d | 136d | - | 192d | 113d | 115d | - | 132d | 122d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 13.4% | 4.1% | 17.4% | - | 9.0% | 7.5% | -6.7% | - | -7.3% | -15.8% |
| Revenue CAGR (3y) | 4.6% | -1.9% | 1.2% | - | -1.8% | -3.3% | -8.6% | - | -10.4% | -9.0% |
| Revenue CAGR (5y) | -2.3% | -3.4% | -1.0% | - | -10.5% | -10.4% | -13.1% | - | -13.1% | -12.3% |
| Gross profit growth (YoY) | 6.9% | 19.6% | 16.9% | - | 13.1% | 6.3% | -3.6% | - | -9.3% | -6.0% |
| Operating income growth (YoY) | -23.2% | 54.5% | - | - | -8.8% | -12.5% | 96.0% | - | 52.9% | -28.1% |
| Net income growth (YoY) | - | - | 79.8% | - | -40.4% | 74.8% | 59.1% | - | -14.8% | - |
| EPS growth (YoY) | - | - | 80.0% | - | -50.0% | 66.7% | 58.3% | - | 0.0% | - |
| EPS CAGR (3y) | - | -12.6% | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | -12.9% | - | - | - | - | - | - | -7.8% | - |
| FCF growth (YoY) | - | - | 76.8% | - | - | - | -49.1% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -8.7% | -5.5% | -4.8% | -4.6% | -2.8% | -0.7% | 2.6% | -1.5% | 12.8% | 13.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Geographic
$609.00M totalAmericas$196.93M · 32.3%
US$195.83M · 32.2%
Middle East Asia Pacific$85.54M · 14.0%
Europe$55.51M · 9.1%
Africa$39.46M · 6.5%
AE$35.73M · 5.9%
Peer comparison
Same SIC group: Services-Engineering Services
Comparing Hill International against the 5 most active filers in the same SIC group.