Heritage Global (HGBL) Asset Utilization Ratio (2011 - 2026)

Heritage Global (HGBL) reported Asset Utilization Ratio of 0.07 for Q1 2026, down 93.53% on a YoY basis from 1.05 in Q1 2025, and down 10.34% quarter-over-quarter from 0.08 in Q4 2025.

Heritage Global (HGBL) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Heritage Global has reported Asset Utilization Ratio for 15 years, with the latest figure at 0.07 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 93.53% year-over-year to 0.07; the trailing twelve-month figure through Mar 2026 stood at 0.07 (down 93.53% YoY), and the FY2025 full-year result was 0.08, down 85.9% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.07, down from 0.08 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 9.75 in Q3 2024, with the low at 0.07 in Q1 2026.
  • Historically, Asset Utilization Ratio has averaged 1.38 across 5 years, with a median of 0.75 in 2022.
  • Annual changes were most pronounced in 2024 — Asset Utilization Ratio surged 1255.53% — and 2025, when it tumbled 94.12%.
  • Heritage Global's Asset Utilization Ratio stood at 0.77 in 2022, then declined by 5.62% to 0.72 in 2023, then soared by 50.61% to 1.09 in 2024, then slumped by 93.07% to 0.08 in 2025, then fell by 10.34% to 0.07 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.07 (Q1 2026), 0.08 (Q4 2025), and 0.57 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -
2 Morgan Stanley 328.23 Bn 194.70 Bn - 0.05
3 Goldman Sachs 313.22 Bn -624.33 Bn - 0.03
4 Schwab Charles 154.90 Bn 109.92 Bn - 0.05
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn 0.11
6 Interactive Brokers 38.41 Bn 49.00 Bn - 0.03
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - 0.98
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 0.26
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn 0.03
10 Heritage Global 46.70 Mn 35.14 Mn 11.67 Mn 0.07

Historic Data

Download Data
DateValue
Mar 31, 2026 0.07
Dec 31, 2025 0.08
Sep 30, 2025 0.57
Jun 30, 2025 1.02
Mar 31, 2025 1.05
Dec 31, 2024 1.09
Sep 30, 2024 9.75
Jun 30, 2024 3.11
Mar 31, 2024 1.02
Dec 31, 2023 0.72
Sep 30, 2023 0.72
Jun 30, 2023 0.72
Mar 31, 2023 0.76
Dec 31, 2022 0.77
Sep 30, 2022 0.75
Jun 30, 2022 0.64
Mar 31, 2022 0.55
Dec 31, 2021 0.54
Sep 30, 2021 0.60
Jun 30, 2021 0.69