Heritage Global (HGBL) FCF Margin (2010 - 2026)
Heritage Global's (HGBL) quarterly FCF Margin came in at 11.48% in Q2 2026, down 54.0% on a YoY basis from 24.96% in Q2 2025, and up 145.07% quarter-over-quarter from 25.47% in Q1 2026.
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Heritage Global (HGBL) FCF Margin (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported FCF Margin for 16 consecutive years, with 11.48% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 54.0% year-over-year to 11.48%; the trailing twelve-month figure through Jun 2026 stood at 2.27% (up 405.0% YoY), and the FY2025 full-year result was 4.58%, down 2135.0% from the prior year.
- FCF Margin advanced to 11.48% in Q2 2026 per HGBL's latest filing, from 25.47% in the prior quarter.
- Across five years, FCF Margin topped out at 53.31% in Q1 2023 and bottomed at 51.19% in Q4 2024.
- Historically, FCF Margin has averaged 9.02% across 5 years, with a median of 11.26% in 2022.
- The sharpest annual moves came in 2022 and 2025: FCF Margin surged 11531 bps in 2022, then slumped 5478 bps in 2025.
- Over 5 years, FCF Margin stood at 27.41% in 2022, then plunged by 90 bps to 2.79% in 2023, then plunged by 1937 bps to 51.19% in 2024, then soared by 116 bps to 8.19% in 2025, then jumped by 40 bps to 11.48% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 11.48%, 25.47%, and 8.19% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.65 Bn | 59.45 Bn | 1.98 Bn | 6.63% |
| 2 | Fastenal | 56.24 Bn | 56.03 Bn | 1.06 Bn | 8.45% |
| 3 | Ferguson Enterprises | 41.63 Bn | 40.81 Bn | 2.32 Bn | 9.10% |
| 4 | Reliance | 19.90 Bn | 19.67 Bn | 1.30 Bn | 1.49% |
| 5 | Wesco International | 16.76 Bn | 15.94 Bn | 1.46 Bn | 0.38% |
| 6 | Applied Industrial Technologies | 11.84 Bn | 11.72 Bn | 411.22 Mn | 11.81% |
| 7 | Watsco | 11.10 Bn | 11.11 Bn | 578.93 Mn | -0.55% |
| 8 | Avantor | 10.50 Bn | 10.19 Bn | 537.00 Mn | 8.31% |
| 9 | Core & Main | 7.86 Bn | 7.62 Bn | 573.00 Mn | 2.05% |
| 10 | Heritage Global | 46.42 Mn | 33.24 Mn | 9.46 Mn | 11.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.48% |
| Mar 31, 2026 | -25.47% |
| Dec 31, 2025 | 8.19% |
| 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% |