Heritage Global (HGBL) EBT Margin (2010 - 2026)

Heritage Global (HGBL) reported EBT Margin of 7.76% for Q1 2026, down 308.0% on a YoY basis from 3.73% in Q1 2025, and up 415.25% quarter-over-quarter from 2.46% in Q4 2025.

Heritage Global (HGBL) EBT Margin (2010 - 2026) Analysis & Trends

Heritage Global has reported EBT Margin for 16 years, with the latest figure at 7.76% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin fell 308.0% year-over-year to 7.76%; the trailing twelve-month figure through Mar 2026 stood at 91.61% (up 7454.0% YoY), and the FY2025 full-year result was 88.56%, up 6878.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 7.76%, up from 2.46% in the prior quarter.
  • The five-year high for EBT Margin was 32.42% in Q2 2022, with the low at 2.46% in Q4 2025.
  • Historically, EBT Margin has averaged 17.96% across 5 years, with a median of 17.45% in 2023.
  • Annual changes were most pronounced in 2022 — EBT Margin jumped 3083 bps — and 2025, when it sank 1709 bps.
  • Heritage Global's EBT Margin 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 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 34.07%
3 Goldman Sachs 317.73 Bn -619.82 Bn - 37.65%
4 Schwab Charles 153.74 Bn 108.77 Bn - 49.18%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 38.52%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 77.17%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 9.81%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 49.04%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 136.18%
10 Heritage Global 45.32 Mn 33.76 Mn 11.67 Mn 7.76%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 1.58%