Heritage Global (HGBL) Enterprise Value (2010 - 2026)
Heritage Global (HGBL) recorded Enterprise Value of $28.73 million in Q2 2026, down 49.8% from $57.28 million a year earlier and down 19.5% from the prior quarter.
Heritage Global (HGBL) Enterprise Value (2010 - 2026) Analysis & Trends
On a TTM basis, Heritage Global's Enterprise Value came in at -$22.79 million as of Jun 30, 2026; for FY2025, it came in at $22.56 million, down 49.1% from FY2024.
- Annual Enterprise Value has a five-year compound annual growth rate of -20.4% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at $44.33 million in FY2024 (-50.7%), $89.92 million in FY2023 (+22.3%), $73.55 million in FY2022 (+34.3%) and $54.77 million in FY2021 (-22.3%).
- Quarterly Enterprise Value has ranged from $22.56 million in Q4 2025 to $118.55 million in Q2 2023 over the past five years.
- On a year-over-year basis, Enterprise Value has declined for three consecutive quarters, with an average decline of 35.9% over the last eight quarters.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 203.8% in Q2 2023, against a decline of 64.6% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $35.67 million (Q1 2026), $22.56 million (Q4 2025) and $38.24 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 63.07 Bn | 60.67 Bn | 1.98 Bn |
| 3 | Fastenal | 59.20 Bn | 58.13 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 44.13 Bn | 41.34 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn |
| 9 | Watsco | 11.52 Bn | 9.20 Bn | 578.93 Mn |
| 10 | Heritage Global | 44.32 Mn | -20.38 Mn | 8.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.73 Mn |
| Mar 31, 2026 | 35.67 Mn |
| Dec 31, 2025 | 22.56 Mn |
| Sep 30, 2025 | 38.24 Mn |
| Jun 30, 2025 | 57.28 Mn |
| Mar 31, 2025 | 58.57 Mn |
| Dec 31, 2024 | 44.33 Mn |
| Sep 30, 2024 | 35.21 Mn |
| Jun 30, 2024 | 66.30 Mn |
| Mar 31, 2024 | 81.95 Mn |
| Dec 31, 2023 | 89.92 Mn |
| Sep 30, 2023 | 99.58 Mn |
| Jun 30, 2023 | 118.55 Mn |
| Mar 31, 2023 | 90.04 Mn |
| Dec 31, 2022 | 73.55 Mn |
| Sep 30, 2022 | 41.98 Mn |
| Jun 30, 2022 | 39.03 Mn |
| Mar 31, 2022 | 34.42 Mn |
| Dec 31, 2021 | 54.77 Mn |
| Sep 30, 2021 | 58.45 Mn |
Heritage Global Enterprise Value 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=enterprise-value&ticker=HGBL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();