Heritage Global (HGBL) EV to EBIT (2011 - 2026)
Heritage Global's (HGBL) EV to EBIT was 6.71 for Q1 2026, down 9.4% from 7.40 a year earlier but up 69.9% from the prior quarter.
Heritage Global (HGBL) EV to EBIT (2011 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Heritage Global's EV to EBIT came in at -4.54; for FY2025, it came in at 3.95, down 19.2% from FY2024.
- EV to EBIT has declined for four consecutive years.
- By year, EV to EBIT came in at 4.89 in FY2024 (-22.1%), 6.28 in FY2023 (-5.1%), 6.61 in FY2022 (-63.6%) and 18.17 in FY2021 (+56.3%).
- Five-year quarterly EV to EBIT spans a low of 2.90 in Q3 2024 and a high of 18.17 in Q4 2021.
- Year over year, EV to EBIT gained in three of the last eight quarters, with growth averaging 5.2%.
- The high point for year-over-year EV to EBIT in five years was Q3 2025 (growth of 105.2%); the low point was Q4 2022 (a decline of 63.6%).
- Per Business Quant data, the three quarters before Q1 2026 came in at 3.95 (Q4 2025), 5.95 (Q3 2025) and 8.68 (Q2 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 |
|---|---|
| Mar 31, 2026 | 6.71 |
| Dec 31, 2025 | 3.95 |
| Sep 30, 2025 | 5.95 |
| Jun 30, 2025 | 8.68 |
| Mar 31, 2025 | 7.40 |
| Dec 31, 2024 | 4.89 |
| Sep 30, 2024 | 2.90 |
| Jun 30, 2024 | 4.94 |
| Mar 31, 2024 | 6.31 |
| Dec 31, 2023 | 6.28 |
| Sep 30, 2023 | 7.71 |
| Jun 30, 2023 | 8.71 |
| Mar 31, 2023 | 6.37 |
| Dec 31, 2022 | 6.61 |
| Sep 30, 2022 | 4.50 |
| Jun 30, 2022 | 6.10 |
| Mar 31, 2022 | 12.11 |
| Dec 31, 2021 | 18.17 |
| Sep 30, 2021 | 11.74 |
| Jun 30, 2021 | 12.26 |
Heritage Global EV to EBIT 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=ev-to-ebit&ticker=HGBL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();