Heritage Global (HGBL) EBT Margin (2010 - 2026)
Heritage Global's (HGBL) quarterly EBT Margin came in at 7.76% in Q1 2026, down 308.0% YoY from 3.73% in Q1 2025, and up 415.25% on a QoQ basis from 2.46% in Q4 2025.
Heritage Global (HGBL) EBT Margin (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has 16 years of EBT Margin data on file, last reported at 7.76% in Q1 2026.
- Quarterly EBT Margin fell 308.0% year-over-year to 7.76% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 91.61% (up 7454.0% YoY) and the FY2025 annual result came in at 88.56%, up 6878.0% from the prior year.
- EBT Margin grew to 7.76% in Q1 2026, from 2.46% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 32.42% in Q2 2022 to a low of 2.46% in Q4 2025.
- A 5-year average of 17.96% and a median of 17.45% in 2023 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin jumped 3083 bps — and 2025, when it sank 1709 bps.
- Tracing HGBL's EBT Margin over 5 years: stood at 22.63% in 2022, then gained by 29 bps to 29.15% in 2023, then slumped by 50 bps to 14.63% in 2024, then sank by 117 bps to 2.46% in 2025, then jumped by 415 bps to 7.76% in 2026.
- The last three EBT Margin figures came in at 7.76% (Q1 2026), 2.46% (Q4 2025), and 11.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 34.42% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 42.10% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 51.88% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 54.20% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 76.79% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 9.94% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 48.34% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 7.46% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 62.17% |
| 10 | Heritage Global | 39.30 Mn | 26.12 Mn | 9.46 Mn | -171.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -171.02% |
| Mar 31, 2026 | 7.76% |
| Dec 31, 2025 | -2.46% |
| Sep 30, 2025 | 11.75% |
| Jun 30, 2025 | 15.73% |
| Mar 31, 2025 | 10.84% |
| Dec 31, 2024 | 14.63% |
| Sep 30, 2024 | 14.37% |
| Jun 30, 2024 | 28.58% |
| Mar 31, 2024 | 20.28% |
| Dec 31, 2023 | 29.15% |
| Sep 30, 2023 | 17.45% |
| Jun 30, 2023 | 22.90% |
| Mar 31, 2023 | 23.03% |
| Dec 31, 2022 | 22.63% |
| Sep 30, 2022 | 27.27% |
| Jun 30, 2022 | 32.42% |
| Mar 31, 2022 | 8.95% |
| Dec 31, 2021 | 17.73% |
| Sep 30, 2021 | 8.80% |