Heritage Global (HGBL) FCF Margin (2010 - 2026)
Heritage Global (HGBL) posted FCF Margin of 25.47% for Q1 2026, up 2.11% quarter-over-quarter from 26.02% in Q4 2025, and up 1013.0% year-on-year from 2.29% in Q1 2025.
Heritage Global (HGBL) FCF Margin (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported FCF Margin for 16 consecutive years, with 25.47% the latest figure, recorded in Q1 2026.
- FCF Margin for Q1 2026 came in at 25.47%, up 1013.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 114.35% (up 11186.0% YoY), and the FY2025 annual result was 78.15%, up 6138.0% from the prior year.
- FCF Margin was 25.47% for Q1 2026 at Heritage Global, up from 26.02% in the prior quarter.
- Over five years, FCF Margin peaked at 53.31% in Q1 2023 and troughed at 51.19% in Q4 2024.
- Average FCF Margin over 5 years is 6.86%, with a median of 11.03% recorded in 2022.
- Year-over-year, FCF Margin soared 11531 bps in 2022 and tumbled 5478 bps in 2025.
- Over 5 years, FCF Margin stood at 27.41% in 2022, then sank by 90 bps to 2.79% in 2023, then sank by 1937 bps to 51.19% in 2024, then surged by 49 bps to 26.02% in 2025, then advanced by 2 bps to 25.47% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 25.47% in Q1 2026, 26.02% in Q4 2025, and 2.05% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | -38.15% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | -188.27% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 111.11% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 190.16% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 2.52% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 16.77% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 28.16% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -791.16% |
| 10 | Heritage Global | 448,630.02 | -11.12 Mn | 11.67 Mn | -25.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.47% |
| Dec 31, 2025 | -26.02% |
| Sep 30, 2025 | -2.05% |
| Jun 30, 2025 | 12.02% |
| Mar 31, 2025 | -35.60% |
| Dec 31, 2024 | -51.19% |
| Sep 30, 2024 | 52.73% |
| Jun 30, 2024 | 49.71% |
| Mar 31, 2024 | 13.60% |
| Dec 31, 2023 | 2.79% |
| Sep 30, 2023 | 37.91% |
| Jun 30, 2023 | -18.42% |
| Mar 31, 2023 | 53.31% |
| Dec 31, 2022 | 27.41% |
| Sep 30, 2022 | 11.03% |
| Jun 30, 2022 | -18.08% |
| Mar 31, 2022 | 32.93% |
| Dec 31, 2021 | 19.84% |
| Sep 30, 2021 | -20.46% |
| Jun 30, 2021 | 29.50% |