Heritage Global (HGBL) EBIT Margin (2010 - 2026)
Heritage Global (HGBL) reported EBIT Margin of 7.92% for Q1 2026, down 250.0% on a YoY basis from 5.28% in Q1 2025, and down 37.71% quarter-over-quarter from 12.72% in Q4 2025.
Heritage Global (HGBL) EBIT Margin (2010 - 2026) Analysis & Trends
Heritage Global has reported EBIT Margin for 16 years, with the latest figure at 7.92% in Q1 2026.
- For the quarter ending Q1 2026, EBIT Margin fell 250.0% year-over-year to 7.92%; the trailing twelve-month figure through Mar 2026 stood at 6.9% (down 1005.0% YoY), and the FY2025 full-year result was 12.12%, down 787.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 7.92%, down from 12.72% in the prior quarter.
- The five-year high for EBIT Margin was 32.75% in Q2 2022, with the low at 7.92% in Q1 2026.
- Historically, EBIT Margin has averaged 19.04% across 5 years, with a median of 17.81% in 2023.
- Annual changes were most pronounced in 2022 — EBIT Margin soared 3134 bps — and 2024, when it sank 1601 bps.
- Heritage Global's EBIT Margin stood at 22.75% in 2022, then jumped by 31 bps to 29.8% in 2023, then tumbled by 54 bps to 13.79% in 2024, then declined by 8 bps to 12.72% in 2025, then slumped by 38 bps to 7.92% in 2026.
- The last three EBIT Margin figures came in at 7.92% (Q1 2026), 12.72% (Q4 2025), and 11.45% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 95.15% |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 136.81% |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 61.80% |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 28.49% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 139.66% |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 11.84% |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 46.50% |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 108.11% |
| 10 | Heritage Global | 45.32 Mn | 33.76 Mn | 11.67 Mn | 7.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.92% |
| Dec 31, 2025 | 12.72% |
| Sep 30, 2025 | 11.45% |
| Jun 30, 2025 | 15.60% |
| Mar 31, 2025 | 10.42% |
| Dec 31, 2024 | 13.79% |
| Sep 30, 2024 | 14.21% |
| Jun 30, 2024 | 29.48% |
| Mar 31, 2024 | 21.03% |
| Dec 31, 2023 | 29.80% |
| Sep 30, 2023 | 17.81% |
| Jun 30, 2023 | 23.68% |
| Mar 31, 2023 | 23.44% |
| Dec 31, 2022 | 22.75% |
| Sep 30, 2022 | 27.44% |
| Jun 30, 2022 | 32.75% |
| Mar 31, 2022 | 9.35% |
| Dec 31, 2021 | 18.10% |
| Sep 30, 2021 | 8.90% |
| Jun 30, 2021 | 1.41% |