Heritage Global (HGBL) EV to FCF (2010 - 2026)
Heritage Global's (HGBL) quarterly EV to FCF came in at 20.41 in Q2 2026, down 38.72% on a YoY basis from 33.3 in Q2 2025, and up 285.41% quarter-over-quarter from 11.01 in Q1 2026.
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Heritage Global (HGBL) EV to FCF (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported EV to FCF for 16 consecutive years, with 20.41 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF fell 38.72% year-over-year to 20.41; the trailing twelve-month figure through Jun 2026 stood at 26.24 (down 41.75% YoY), and the FY2025 full-year result was 9.67, down 265.94% from the prior year.
- EV to FCF climbed to 20.41 in Q2 2026 per HGBL's latest filing, from 11.01 in the prior quarter.
- Across five years, EV to FCF topped out at 211.07 in Q4 2023 and bottomed at 164.11 in Q3 2025.
- Historically, EV to FCF has averaged 9.93 across 5 years, with a median of 11.13 in 2022.
- The sharpest annual moves came in 2023 and 2025: EV to FCF soared 987.92% in 2023, then slumped 2658.1% in 2025.
- Over 5 years, EV to FCF stood at 19.4 in 2022, then soared by 987.92% to 211.07 in 2023, then sank by 103.81% to 8.04 in 2024, then jumped by 388.86% to 23.23 in 2025, then slipped by 12.15% to 20.41 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 20.41, 11.01, and 23.23 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 | 20.41 |
| Mar 31, 2026 | -11.01 |
| Dec 31, 2025 | 23.23 |
| Sep 30, 2025 | -164.11 |
| Jun 30, 2025 | 33.30 |
| Mar 31, 2025 | -12.22 |
| Dec 31, 2024 | -8.04 |
| Sep 30, 2024 | 6.42 |
| Jun 30, 2024 | 11.09 |
| Mar 31, 2024 | 49.54 |
| Dec 31, 2023 | 211.07 |
| Sep 30, 2023 | 16.89 |
| Jun 30, 2023 | -49.13 |
| Mar 31, 2023 | 10.17 |
| Dec 31, 2022 | 19.40 |
| Sep 30, 2022 | 30.05 |
| Jun 30, 2022 | -19.50 |
| Mar 31, 2022 | 11.17 |
| Dec 31, 2021 | 36.69 |
| Sep 30, 2021 | -47.68 |