Heritage Global (HGBL) EBITDA Margin (2010 - 2026)
Heritage Global (HGBL) posted EBITDA Margin of -168.54% for Q2 2026, down 184.97 percentage points from 16.43% a year earlier and down 177.83 percentage points from the prior quarter.
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Analysis
Heritage Global (HGBL) EBITDA Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at Heritage Global was -35.63%, down 50.22 percentage points year-over-year; for FY2025, it came in at 12.13%, down 9.16 percentage points from FY2024.
- Annual EBITDA Margin has declined for three consecutive years, with a five-year change of -12.39 percentage points (FY2020 to FY2025).
- In prior years, Heritage Global's EBITDA Margin was 21.29% in FY2024 (-3.21 pp), 24.50% in FY2023 (-0.35 pp), 24.85% in FY2022 (+11.38 pp) and 13.47% in FY2021 (-11.05 pp).
- The Q2 2026 figure stands as the lowest quarterly EBITDA Margin in data going back to Q4 2010.
- On a year-over-year basis, EBITDA Margin has declined in each of the last eight quarters, with an average year-over-year change of -30.19 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q2 2022, with a gain of 30.65 percentage points; the weakest was Q2 2026, with a drop of 184.97 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 9.29% (Q1 2026), 7.52% (Q4 2025) and 12.51% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn | 28.53% |
| 2 | W.W. Grainger | 63.07 Bn | 60.67 Bn | 1.98 Bn | 17.39% |
| 3 | Fastenal | 59.20 Bn | 58.13 Bn | 1.06 Bn | 22.93% |
| 4 | Ferguson Enterprises | 44.13 Bn | 41.34 Bn | 2.32 Bn | 9.49% |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn | 40.96% |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn | 11.04% |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn | 6.68% |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn | 12.98% |
| 9 | Watsco | 11.52 Bn | 9.20 Bn | 578.93 Mn | 11.84% |
| 10 | Heritage Global | 44.32 Mn | -20.38 Mn | 8.34 Mn | -166.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -166.46% |
| Mar 31, 2026 | 10.70% |
| Dec 31, 2025 | 9.01% |
| Sep 30, 2025 | 14.04% |
| Jun 30, 2025 | 17.64% |
| Mar 31, 2025 | 12.54% |
| Dec 31, 2024 | 16.80% |
| Sep 30, 2024 | 17.20% |
| Jun 30, 2024 | 32.06% |
| Mar 31, 2024 | 23.53% |
| Dec 31, 2023 | 34.43% |
| Sep 30, 2023 | 18.89% |
| Jun 30, 2023 | 24.64% |
| Mar 31, 2023 | 24.37% |
| Dec 31, 2022 | 24.85% |
| Sep 30, 2022 | 28.61% |
| Jun 30, 2022 | 34.43% |
| Mar 31, 2022 | 11.39% |
| Dec 31, 2021 | 21.66% |
| Sep 30, 2021 | 10.78% |
API Access
Heritage Global EBITDA 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=ebitda-margin&ticker=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();