Heritage Global (HGBL) EV to CFO (2010 - 2026)
Heritage Global's (HGBL) quarterly EV to CFO came in at 17.77 in Q2 2026, down 41.71% on a YoY basis from 30.48 in Q2 2025, and up 233.45% quarter-over-quarter from 13.32 in Q1 2026.
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Heritage Global (HGBL) EV to CFO (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported EV to CFO for 16 consecutive years, with 17.77 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to CFO fell 41.71% year-over-year to 17.77; the trailing twelve-month figure through Jun 2026 stood at 49.63 (up 290.84% YoY), and the FY2025 full-year result was 3.68, down 35.78% from the prior year.
- EV to CFO improved to 17.77 in Q2 2026 per HGBL's latest filing, from 13.32 in the prior quarter.
- Across five years, EV to CFO topped out at 626.84 in Q3 2025 and bottomed at 51.95 in Q2 2023.
- Historically, EV to CFO has averaged 54.01 across 5 years, with a median of 15.56 in 2025.
- The sharpest annual moves came in 2023 and 2025: EV to CFO slumped 162.78% in 2023, then surged 9733.4% in 2025.
- Over 5 years, EV to CFO stood at 18.8 in 2022, then surged by 972.31% to 201.61 in 2023, then sank by 103.99% to 8.05 in 2024, then jumped by 277.42% to 14.28 in 2025, then gained by 24.47% to 17.77 in 2026.
- According to Business Quant data, EV to CFO over the past three periods registered 17.77, 13.32, and 14.28 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | W.W. Grainger | 59.65 Bn | 59.45 Bn | 1.98 Bn |
| 2 | Fastenal | 56.24 Bn | 56.03 Bn | 1.06 Bn |
| 3 | Ferguson Enterprises | 41.63 Bn | 40.81 Bn | 2.32 Bn |
| 4 | Reliance | 19.90 Bn | 19.67 Bn | 1.30 Bn |
| 5 | Wesco International | 16.76 Bn | 15.94 Bn | 1.46 Bn |
| 6 | Applied Industrial Technologies | 11.84 Bn | 11.72 Bn | 411.22 Mn |
| 7 | Watsco | 11.10 Bn | 11.11 Bn | 578.93 Mn |
| 8 | Avantor | 10.50 Bn | 10.19 Bn | 537.00 Mn |
| 9 | Core & Main | 7.86 Bn | 7.62 Bn | 573.00 Mn |
| 10 | Heritage Global | 46.42 Mn | 33.24 Mn | 9.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.77 |
| Mar 31, 2026 | -13.32 |
| Dec 31, 2025 | 14.28 |
| Sep 30, 2025 | 626.84 |
| Jun 30, 2025 | 30.48 |
| Mar 31, 2025 | 22.38 |
| Dec 31, 2024 | -8.05 |
| Sep 30, 2024 | 6.37 |
| Jun 30, 2024 | 10.95 |
| Mar 31, 2024 | 48.89 |
| Dec 31, 2023 | 201.61 |
| Sep 30, 2023 | 16.84 |
| Jun 30, 2023 | -51.95 |
| Mar 31, 2023 | 10.07 |
| Dec 31, 2022 | 18.80 |
| Sep 30, 2022 | 28.91 |
| Jun 30, 2022 | -19.77 |
| Mar 31, 2022 | 11.13 |
| Dec 31, 2021 | 36.64 |
| Sep 30, 2021 | 356.42 |