Heritage Global (HGBL) EBIT Margin (2010 - 2026)
Heritage Global's EBIT Margin was -170.49% in Q2 2026, down 186.10 percentage points from 15.60% a year earlier and down 178.41 percentage points from the prior quarter.
Powered by 
Analysis
Heritage Global (HGBL) EBIT Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Heritage Global's EBIT Margin was -36.98% through Jun 30, 2026, down 50.47 percentage points year-over-year; for FY2025, it came in at 11.20%, down 8.78 percentage points from FY2024.
- EBIT Margin has now declined for three consecutive years, with a five-year change of -11.94 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was 19.99% in FY2024 (-3.66 pp), 23.65% in FY2023 (-0.05 pp), 23.70% in FY2022 (+12.02 pp) and 11.69% in FY2021 (-11.46 pp).
- The Q2 2026 figure marks the lowest quarterly EBIT Margin in data going back to Q2 2010.
- Compared with a year earlier, EBIT Margin has declined for eight straight quarters, with an average year-over-year change of -30.34 percentage points over the last eight quarters.
- The best year-over-year quarter for EBIT Margin over five years was Q2 2022 (a gain of 31.34 percentage points); the worst was Q2 2026 (a drop of 186.10 percentage points).
- Per Business Quant data, HGBL's EBIT Margin in the three quarters before Q2 2026 was 7.92% (Q1 2026), 6.54% (Q4 2025) and 11.45% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn | 25.80% |
| 2 | W.W. Grainger | 63.07 Bn | 60.67 Bn | 1.98 Bn | 16.07% |
| 3 | Fastenal | 59.20 Bn | 58.13 Bn | 1.06 Bn | 21.02% |
| 4 | Ferguson Enterprises | 44.13 Bn | 41.34 Bn | 2.32 Bn | 8.19% |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn | 22.18% |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn | 9.54% |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn | 5.73% |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn | 11.78% |
| 9 | Watsco | 11.52 Bn | 9.20 Bn | 578.93 Mn | 11.32% |
| 10 | Heritage Global | 44.32 Mn | -20.38 Mn | 8.34 Mn | -170.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -170.49% |
| Mar 31, 2026 | 7.92% |
| Dec 31, 2025 | 6.54% |
| 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% |
API Access
Heritage Global EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "HGBL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();