Heritage Global (HGBL) Invested Capital (2010 - 2026)
Heritage Global's (HGBL) quarterly Invested Capital came in at $56.0 million in Q2 2026, down 19.91% on a YoY basis from $69.9 million in Q2 2025, and down 22.06% quarter-over-quarter from $71.9 million in Q1 2026.
Analysis
Heritage Global (HGBL) Invested Capital (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported Invested Capital for 17 consecutive years, with $56.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital fell 19.91% year-over-year to $56.0 million; the trailing twelve-month figure through Jun 2026 stood at $56.0 million (down 19.91% YoY), and the FY2025 full-year result was $71.1 million, up 8.36% from the prior year.
- Invested Capital eased to $56.0 million in Q2 2026 per HGBL's latest filing, from $71.9 million in the prior quarter.
- Across five years, Invested Capital topped out at $72.2 million in Q2 2024 and bottomed at $36.6 million in Q1 2022.
- Historically, Invested Capital has averaged $61.4 million across 5 years, with a median of $66.1 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Invested Capital soared 64.95% in 2023, then decreased 19.91% in 2026.
- Over 5 years, Invested Capital stood at $52.6 million in 2022, then gained by 29.91% to $68.3 million in 2023, then declined by 3.97% to $65.6 million in 2024, then grew by 8.36% to $71.1 million in 2025, then decreased by 21.2% to $56.0 million in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $56.0 million, $71.9 million, and $71.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.65 Bn | 59.45 Bn | 1.98 Bn | 6.92 Bn |
| 2 | Fastenal | 56.24 Bn | 56.03 Bn | 1.06 Bn | 4.26 Bn |
| 3 | Ferguson Enterprises | 41.63 Bn | 40.81 Bn | 2.32 Bn | 10.00 Bn |
| 4 | Reliance | 19.90 Bn | 19.67 Bn | 1.30 Bn | 9.08 Bn |
| 5 | Wesco International | 16.76 Bn | 15.94 Bn | 1.46 Bn | 11.16 Bn |
| 6 | Applied Industrial Technologies | 11.84 Bn | 11.72 Bn | 411.22 Mn | 2.12 Bn |
| 7 | Watsco | 11.10 Bn | 11.11 Bn | 578.93 Mn | 3.59 Bn |
| 8 | Avantor | 10.50 Bn | 10.19 Bn | 537.00 Mn | 9.37 Bn |
| 9 | Core & Main | 7.86 Bn | 7.62 Bn | 573.00 Mn | 4.55 Bn |
| 10 | Heritage Global | 46.42 Mn | 33.24 Mn | 9.46 Mn | 56.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.01 Mn |
| Mar 31, 2026 | 71.87 Mn |
| Dec 31, 2025 | 71.08 Mn |
| Sep 30, 2025 | 70.60 Mn |
| Jun 30, 2025 | 69.94 Mn |
| Mar 31, 2025 | 70.06 Mn |
| Dec 31, 2024 | 65.60 Mn |
| Sep 30, 2024 | 66.65 Mn |
| Jun 30, 2024 | 72.19 Mn |
| Mar 31, 2024 | 69.84 Mn |
| Dec 31, 2023 | 68.31 Mn |
| Sep 30, 2023 | 65.64 Mn |
| Jun 30, 2023 | 62.31 Mn |
| Mar 31, 2023 | 56.51 Mn |
| Dec 31, 2022 | 52.58 Mn |
| Sep 30, 2022 | 39.80 Mn |
| Jun 30, 2022 | 39.07 Mn |
| Mar 31, 2022 | 36.58 Mn |
| Dec 31, 2021 | 36.47 Mn |
| Sep 30, 2021 | 33.58 Mn |