Heritage Global (HGBL) EV to FCF (2011 - 2025)
Heritage Global's (HGBL) EV to FCF stood at 50.36 in Q1 2025, up 241.8% from 14.73 a year earlier and up 764.3% from the prior quarter.
Heritage Global (HGBL) EV to FCF (2011 - 2025) Analysis & Trends
On a TTM basis, Heritage Global's EV to FCF came in at -12.33 as of Mar 31, 2025; for FY2024, it came in at 5.83, down 17.3% from FY2023.
- Across earlier years, EV to FCF came in at 7.04 in FY2023 (-40.0%), 11.73 in FY2022 and 7.71 in FY2020 (-79.9%).
- The Q1 2025 figure is the highest quarterly EV to FCF since Q3 2021.
- On a year-over-year basis, EV to FCF rose in two of the last eight quarters, with growth averaging 8.0%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 350.0% in Q3 2020, against a decline of 85.7% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.83 (Q4 2024), 2.60 (Q3 2024) and 4.75 (Q2 2024).
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, 2025 | 50.36 |
| Dec 31, 2024 | 5.83 |
| Sep 30, 2024 | 2.60 |
| Jun 30, 2024 | 4.75 |
| Mar 31, 2024 | 14.73 |
| Dec 31, 2023 | 7.04 |
| Sep 30, 2023 | 6.17 |
| Jun 30, 2023 | 10.19 |
| Mar 31, 2023 | 7.48 |
| Dec 31, 2022 | 11.73 |
| Sep 30, 2022 | 10.57 |
| Jun 30, 2022 | 28.97 |
| Mar 31, 2022 | 7.06 |
| Sep 30, 2021 | 73.80 |
| Jun 30, 2021 | 13.15 |
| Mar 31, 2021 | 25.12 |
| Dec 31, 2020 | 7.71 |
| Sep 30, 2020 | 24.87 |
| Mar 31, 2020 | 7.35 |
| Dec 31, 2019 | 38.38 |
Heritage Global EV to FCF 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-fcf&ticker=HGBL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();