Heritage Global (HGBL) EBT Margin (2010 - 2026)
Heritage Global (HGBL) reported EBT Margin of -171.02% for Q2 2026, down 186.75 percentage points from 15.73% a year earlier and down 178.79 percentage points from the prior quarter.
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Analysis
Heritage Global (HGBL) EBT Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Heritage Global's EBT Margin came in at -37.03%, down 50.89 percentage points year-over-year; for FY2025, it came in at 11.47%, down 8.32 percentage points from FY2024.
- EBT Margin has declined for three consecutive years, with a five-year change of -11.50 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 19.78% in FY2024 (-3.33 pp), 23.12% in FY2023 (-0.35 pp), 23.46% in FY2022 (+11.86 pp) and 11.60% in FY2021 (-11.37 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBT Margin in data going back to Q2 2010.
- Year over year, EBT Margin has now declined in each of the last eight quarters, with an average year-over-year change of -30.03 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q2 2022 (a gain of 30.83 percentage points); the low point was Q2 2026 (a drop of 186.75 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.76% (Q1 2026), 6.76% (Q4 2025) and 11.75% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn | 22.83% |
| 2 | W.W. Grainger | 63.07 Bn | 60.67 Bn | 1.98 Bn | 15.89% |
| 3 | Fastenal | 59.20 Bn | 58.13 Bn | 1.06 Bn | 21.04% |
| 4 | Ferguson Enterprises | 44.13 Bn | 41.34 Bn | 2.32 Bn | 7.49% |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn | 18.97% |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn | 9.28% |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn | 4.08% |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn | 11.66% |
| 9 | Watsco | 11.52 Bn | 9.20 Bn | 578.93 Mn | 11.49% |
| 10 | Heritage Global | 44.32 Mn | -20.38 Mn | 8.34 Mn | -171.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -171.02% |
| Mar 31, 2026 | 7.76% |
| Dec 31, 2025 | 6.76% |
| 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% |
API Access
Heritage Global EBT 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=ebt-margin&ticker=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();