Heritage Global (HGBL) EV to EBITDA (2010 - 2026)
Heritage Global's (HGBL) quarterly EV to EBITDA came in at 1.37 in Q2 2026, down 105.35% on a YoY basis from 25.66 in Q2 2025, and down 103.88% quarter-over-quarter from 35.39 in Q1 2026.
Analysis
Heritage Global (HGBL) EV to EBITDA (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported EV to EBITDA for 17 consecutive years, with 1.37 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA fell 105.35% year-over-year to 1.37; the trailing twelve-month figure through Jun 2026 stood at 1.61 (down 118.57% YoY), and the FY2025 full-year result was 3.82, down 20.23% from the prior year.
- EV to EBITDA retreated to 1.37 in Q2 2026 per HGBL's latest filing, from 35.39 in the prior quarter.
- Across five years, EV to EBITDA topped out at 41.75 in Q1 2025 and bottomed at 1.37 in Q2 2026.
- Historically, EV to EBITDA has averaged 25.94 across 5 years, with a median of 27.38 in 2025.
- The sharpest annual moves came in 2023 and 2026: EV to EBITDA jumped 255.01% in 2023, then slumped 105.35% in 2026.
- Over 5 years, EV to EBITDA stood at 23.37 in 2022, then dropped by 15.54% to 19.74 in 2023, then jumped by 51.22% to 29.85 in 2024, then dropped by 2.5% to 29.11 in 2025, then tumbled by 104.72% to 1.37 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 1.37, 35.39, and 29.11 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 | -1.37 |
| Mar 31, 2026 | 35.39 |
| Dec 31, 2025 | 29.11 |
| Sep 30, 2025 | 29.39 |
| Jun 30, 2025 | 25.66 |
| Mar 31, 2025 | 41.75 |
| Dec 31, 2024 | 29.85 |
| Sep 30, 2024 | 23.81 |
| Jun 30, 2024 | 18.71 |
| Mar 31, 2024 | 32.03 |
| Dec 31, 2023 | 19.74 |
| Sep 30, 2023 | 35.96 |
| Jun 30, 2023 | 38.23 |
| Mar 31, 2023 | 23.12 |
| Dec 31, 2022 | 23.37 |
| Sep 30, 2022 | 12.08 |
| Jun 30, 2022 | 10.77 |
| Mar 31, 2022 | 39.33 |
| Dec 31, 2021 | 40.21 |
| Sep 30, 2021 | 109.67 |