HeadHunter Group (HHRU.ME) Stock Price

HeadHunter Group Price

Delisted

Over the last 7 years HeadHunter Group grew revenue by 28.6% annually, reaching 18.09 B RUB. Earnings per share have grown at 16.4% per year over the last 7 years. For HeadHunter Group, the net margin of 20.2% is up versus 15.5% a few years ago. The payout ratio is around 98% of earnings. The dividend has grown at 32.6% per year over the past 3 years.

HeadHunter Group stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of HeadHunter Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how HeadHunter Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing HeadHunter Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

HeadHunter Group Stock Price History
DateHeadHunter Group Price
Access this data via the Eulerpool API

HeadHunter Group Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2015
3.10 B RUB
1.47 B RUB
1.23 B RUB
Jan 1, 2016
3.74 B RUB
1.21 B RUB
40.80 M RUB
Jan 1, 2017
4.73 B RUB
1.38 B RUB
400.20 M RUB
Jan 1, 2018
6.12 B RUB
2.10 B RUB
949.30 M RUB
Jan 1, 2019
7.79 B RUB
2.81 B RUB
1.45 B RUB
Jan 1, 2020
8.28 B RUB
2.84 B RUB
1.75 B RUB
Jan 1, 2021
15.97 B RUB
6.95 B RUB
5.39 B RUB
Jan 1, 2022
18.09 B RUB
6.92 B RUB
3.65 B RUB

HeadHunter Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 15, 2026, 1:12 PM
 
REVENUEB RUB
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB RUB
EBITB RUB
EBIT MARGIN%
NET INCOMEB RUB
NET INCOME GROWTH%
DIV.RUB
DIV. GROWTH%
SHARESM
20152016201720182019202020212022
3.103.744.736.127.798.2815.9718.09
20.5026.5629.2727.326.3492.8013.26
68.1366.5768.1771.9371.3168.8535.7131.53
2.112.493.234.405.555.705.705.70
1.471.211.382.102.812.846.956.92
47.4132.4729.2334.3036.0234.2943.5438.27
1.230.040.400.951.451.755.393.65
-96.74900.00137.2552.5820.79208.18-32.26
0.501.101.68
120.0052.73
50.0050.0050.0050.0050.0051.6051.8551.54
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales HeadHunter Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue HeadHunter Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare HeadHunter Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares HeadHunter Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against HeadHunter Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

HeadHunter Group stock margins

The HeadHunter Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of HeadHunter Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for HeadHunter Group.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2015
68.11 %
47.42 %
39.51 %
Jan 1, 2016
66.58 %
32.48 %
1.09 %
Jan 1, 2017
68.18 %
29.22 %
8.46 %
Jan 1, 2018
71.93 %
34.31 %
15.52 %
Jan 1, 2019
71.31 %
36.02 %
18.59 %
Jan 1, 2020
68.85 %
34.29 %
21.12 %
Jan 1, 2021
68.85 %
43.54 %
33.76 %
Jan 1, 2022
68.85 %
38.27 %
20.19 %

HeadHunter Group Stock Revenue, EBIT, Earnings per Share

The HeadHunter Group earnings per share therefore indicates how much revenue HeadHunter Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2015
62.07 RUB
29.43 RUB
24.52 RUB
Jan 1, 2016
74.79 RUB
24.29 RUB
0.82 RUB
Jan 1, 2017
94.65 RUB
27.66 RUB
8.00 RUB
Jan 1, 2018
122.36 RUB
41.98 RUB
18.99 RUB
Jan 1, 2019
155.77 RUB
56.10 RUB
28.96 RUB
Jan 1, 2020
160.51 RUB
55.04 RUB
33.90 RUB
Jan 1, 2021
307.95 RUB
134.08 RUB
103.96 RUB
Jan 1, 2022
350.93 RUB
134.31 RUB
70.86 RUB

HeadHunter Group business model & stock analysis

HeadHunter Group PLC is a company specializing in workforce recruitment. It was founded in Russia in 2000 and has since become one of the leading providers of recruitment services in Russia and neighboring countries. The business model of HeadHunter Group is focused on connecting employers with qualified candidates. The company utilizes a wide range of services aimed at making the application process more effective, faster, and more efficient. One of the main divisions of the company is the online job board. As one of the largest job platforms in Russia, HeadHunter Group has an extensive database of job seekers and can provide employers with a large number of qualified applicants. Another important aspect of the business model is recruitment, where the company actively searches for candidates who meet the specific requirements and needs of employers. HeadHunter Group works closely with companies to find a suitable selection of candidates and optimize the application process. In addition to these two core business areas, HeadHunter Group also offers a range of additional services that help employers improve their recruiting and personnel management practices. These include training and consulting services for human resources, as well as advertising and marketing services to attract potential candidates. HeadHunter Group operates not only in Russia but also in other countries in the region such as Ukraine and Kazakhstan. The company also has a subsidiary in Israel and offices in various European countries. Overall, HeadHunter Group employs over 1600 employees. While the company focuses on recruitment, it has also expanded into other areas. For example, HeadHunter Group offers a range of products and services aimed at increasing the productivity and profitability of companies. These include job posting services, human resources software solutions, and tools for data analysis and performance measurement. In recent years, HeadHunter Group has expanded its business and invested in online education. The company operates its own online platform for training and development courses, which allows employees and employers to improve their skills and knowledge and stay updated on the latest trends and developments in their industry. Overall, HeadHunter Group has become an important provider of recruitment services and related services in Russia and neighboring countries. The company is known for its high quality and high standard of customer service and has earned an excellent reputation. With its wide range of products and services, HeadHunter Group remains a driving force in the field of recruitment and personnel management practices.

HeadHunter Group SWOT Analysis

Strengths

1. Leading Online Recruitment Platform: HeadHunter Group PLC is a prominent online platform for job seekers and employers, providing an extensive database and tools for efficient recruitment processes.

2. Established Brand: The company has built a strong brand reputation, known for its reliable and effective job matching capabilities, leading to high user trust and loyalty.

3. Diverse Client Base: HeadHunter Group PLC serves a wide range of clients, including multinational corporations, small and medium-sized enterprises (SMEs), and job seekers from various industries, ensuring revenue stability and market presence.

Weaknesses

1. Dependent on External Economic Factors: The company's success is influenced by macroeconomic conditions, such as unemployment rates and GDP growth, which can impact demand for recruitment services.

2. Limited Geographical Presence: Currently, HeadHunter Group PLC primarily operates in Russia and neighboring countries. A lack of international expansion may limit potential growth opportunities.

3. Intense Competition: The online recruitment industry is highly competitive, with both local and global players vying for market share. Maintaining a strong competitive position requires continuous innovation and differentiation strategies.

Opportunities

1. Market Expansion: HeadHunter Group PLC can seek growth opportunities by expanding into new markets beyond its current geographic focus. Entering emerging economies and strategic partnerships could unlock untapped potential.

2. Upselling and Cross-Selling: The company can leverage its existing client base to upsell additional services or cross-sell complementary products, such as training programs or premium job listing packages.

3. Technological Advancements: Embracing emerging technologies, like artificial intelligence and data analytics, can enhance the recruitment platform's capabilities, providing a competitive edge in terms of efficiency and accuracy.

Threats

1. Economic Downturns: During economic downturns, organizations may reduce their hiring budgets, resulting in lower demand for recruitment services and potentially affecting HeadHunter Group PLC's revenue streams.

2. Regulatory Changes: Changes in labor laws or government regulations related to recruitment and employment practices may require significant adjustments to the platform's functionality and operations, potentially leading to increased costs.

3. Technological Disruption: Rapid advancements in technology, such as the emergence of new recruitment platforms or disruptive recruitment models, may pose a threat to HeadHunter Group PLC's market position if it fails to adapt and innovate accordingly.

HeadHunter Group Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

HeadHunter Group historical P/E ratio, EBIT multiple, and P/S ratio

HeadHunter Group annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

HeadHunter Group shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2015
50.00 M Stocks
Jan 1, 2016
50.00 M Stocks
Jan 1, 2017
50.00 M Stocks
Jan 1, 2018
50.00 M Stocks
Jan 1, 2019
50.00 M Stocks
Jan 1, 2020
51.60 M Stocks
Jan 1, 2021
51.85 M Stocks
Jan 1, 2022
51.54 M Stocks

HeadHunter Group Dividend History

4 years of dividend payments · 3 consecutive increases

YearAnnual DividendYoY ChangePayments
20220.84RUB 52.7%
20210.55RUB 10.0%
20200.50RUB 38.9%
20190.36RUB

HeadHunter Group dividend payout ratio

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2015
88.01 %
Jan 1, 2016
88.01 %
Jan 1, 2017
88.01 %
Jan 1, 2018
88.01 %
Jan 1, 2019
102.91 %
Jan 1, 2020
122.10 %
Jan 1, 2021
43.80 %
Jan 1, 2022
98.13 %
Price targets and forecasts for HeadHunter Group are not yet available.

HeadHunter Group Analyst Rating Actions

DateFirmActionRatingReliability
2/10/2022
Morgan Stanley
Morgan Stanley
UpgradeEqual WeightOverweight60
2/9/2022
Morgan Stanley
Morgan Stanley
UpgradeEqual WeightOverweight60
11/30/2021
B of A Securities
B of A Securities
UpgradeNeutralBuy70
11/29/2021
UBS
UBS
UpgradeNeutralBuy51
11/29/2021
B of A Securities
B of A Securities
UpgradeNeutralBuy70
11/28/2021
UBS
UBS
UpgradeNeutralBuy51
11/16/2021
Credit Suisse
Credit Suisse
MaintainedOutperform
11/15/2021
Credit Suisse
Credit Suisse
MaintainedOutperform
8/17/2021
Credit Suisse
Credit Suisse
MaintainedOutperform
8/16/2021
Credit Suisse
Credit Suisse
MaintainedOutperform

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

EESG©

Eulerpool ESG Scorecard© for the HeadHunter Group stock

57/100
65
Environment
27
Social
77
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

HeadHunter Group shareholder structure

% Name
0.03885%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
0.03066%
Matthews International Capital Management, L.L.C.
Matthews International Capital Management, L.L.C.
0.03044%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.02141%
Sanarus Investment Management LLP
Sanarus Investment Management LLP
0.00970%
Parametric Portfolio Associates LLC
Parametric Portfolio Associates LLC
0.00957%
Rhumbline Advisers Ltd. Partnership
Rhumbline Advisers Ltd. Partnership

HeadHunter Group Executives and Management Board

13 members · avg. age 45 · 23 % women

Management

MZ

Mr. Mikhail Zhukov (55)

President, Director · since 2008

DS

Mr. Dmitry Sergienkov (36)

Chief Executive Officer

GM

Mr. Grigorii Moiseev (45)

Chief Financial Officer

OM

Mrs. Olga Mets (42)

Chief Marketing Officer of Headhunter LLC

AP

Mr. Andrey Panteleev (34)

Chief Commercial Officer of Headhunter LLC

TS

Mr. Telman Shagants

Investor Relations · since 2021

Board of Directors

DK

Mr. Dmitri Krukov (53)

Non-Executive Chairman of the Board of Directors

VM

Mr. Valentin Mashkov (39)

Non-Executive Director

MM

Mr. Maksim Melnikov (46)

Non-Executive Director

SA

Mr. Sergey Arseniev (51)

Independent Non-Executive Director

OF

Ms. Olga Filatova (42)

Independent Non-Executive Director

DG

Mr. Douglas Gardner (60)

Independent Non-Executive Director

Frequently asked questions about HeadHunter Group

The business model of HeadHunter Group PLC is a leading online recruitment platform in Russia and the Commonwealth of Independent States (CIS). The company connects job seekers with employers through its user-friendly website and mobile app. HeadHunter Group PLC provides a wide range of services, including job postings, resume searches, and innovative recruitment solutions. With its extensive database of candidates and extensive network of employers, HeadHunter Group PLC offers efficient and effective recruitment solutions for both job seekers and companies.

HeadHunter Group PLC is primarily active in the online job search and recruitment industry.

The main competitors of HeadHunter Group PLC in the market include other leading online recruitment platforms such as LinkedIn, Indeed, and Glassdoor.

HeadHunter Group PLC is a leading online recruitment platform in Russia and the Commonwealth of Independent States (CIS). Established in 2000, the company has a rich history of connecting job seekers with employers across various industries. HeadHunter Group PLC offers a wide range of services, including job listings, resume database access, and CV editing tools. It has grown to become one of the largest recruitment platforms in the region, assisting millions of job seekers and working with numerous reputable companies. With its user-friendly interface and vast network, HeadHunter Group PLC continues to excel in the recruitment industry, facilitating successful matches between employers and talented professionals.

HeadHunter Group PLC, a leading Russian online recruitment platform, has achieved several significant milestones. It successfully completed its initial public offering (IPO) on the Nasdaq Global Select Market in May 2019. The company's shares began trading under the ticker symbol "HHR," further solidifying its position in the market. HeadHunter Group PLC has consistently demonstrated robust growth, with a strong user base and expanding market share. Its innovative technology and strategic partnerships have also contributed to its continued success. Overall, HeadHunter Group PLC has established itself as a key player in the online recruitment industry, showcasing remarkable achievements in its journey.

HeadHunter Group PLC is primarily present in Russia, Kazakhstan, Belarus, and Azerbaijan.

HeadHunter Group PLC represents a set of core values and corporate philosophy that distinguish its operations. The company is committed to excellence, integrity, and innovation in the recruitment sphere. HeadHunter Group PLC focuses on delivering high-quality and effective employment solutions to job seekers and employers alike. With a customer-centric approach, the company strives to provide exceptional service, ensuring the best match between candidates and employers. HeadHunter Group PLC prides itself on its extensive network, cutting-edge technology, and expertise in the recruitment industry. This enables the company to consistently deliver value and drive success for both individuals and businesses in the competitive job market.

9 analysts currently rate the HeadHunter Group stock: 8 recommend buying, 1 holding and 0 selling.

The HeadHunter Group share (HHRU.ME) is listed on 3 stock exchanges, including: NASDAQ (HHR), Frankfurt (2ZS.F), München (2ZS.MU).

The HeadHunter Group PLC is a leading company in the field of employee recruitment and personnel consulting in Russia and the CIS countries. The company was founded in 2000 and is headquartered in Moscow. HeadHunter Group PLC offers various products and services to support companies in their search for qualified employees. The company's business model is based on three core areas: online job portal, personnel consulting, and recruitment process outsourcing.

The revenue cannot currently be calculated for HeadHunter Group.

The profit cannot currently be calculated for HeadHunter Group.

The P/E ratio cannot be calculated for HeadHunter Group at the moment.

The P/S cannot be calculated for HeadHunter Group currently.

The Eulerpool Quality Score for HeadHunter Group is 4/10.

The ISIN of HeadHunter Group is US42207L1061. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of HeadHunter Group is A2PJCH. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of HeadHunter Group is HHRU.ME. The ticker symbol is used to trade HeadHunter Group shares on the stock exchange.

The current dividend yield of HeadHunter Group is - %.

HeadHunter Group is assigned to the 'Industry' sector.

The dividends of HeadHunter Group are distributed in RUB.

All fundamentals and in-depth analysis of HeadHunter Group

Our stock analysis for HeadHunter Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of HeadHunter Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.