Heritage Global (HGBL) Invested Capital (2010 - 2026)
Heritage Global (HGBL) posted Invested Capital of $67.8 million for Q1 2026, up 1.17% quarter-over-quarter from $67.0 million in Q4 2025, and down 2.9% year-on-year from $69.8 million in Q1 2025.
Heritage Global (HGBL) Invested Capital (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported Invested Capital for 17 consecutive years, with $67.8 million the latest figure, recorded in Q1 2026.
- Invested Capital for Q1 2026 came in at $67.8 million, down 2.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $67.8 million (down 2.9% YoY), and the FY2025 annual result was $67.0 million, up 2.11% from the prior year.
- Invested Capital was $67.8 million for Q1 2026 at Heritage Global, up from $67.0 million in the prior quarter.
- Over five years, Invested Capital peaked at $69.8 million in Q1 2025 and troughed at $35.3 million in Q1 2022.
- Average Invested Capital over 5 years is $59.1 million, with a median of $65.6 million recorded in 2024.
- Year-over-year, Invested Capital jumped 57.77% in 2023 and dropped 3.97% in 2024.
- Over 5 years, Invested Capital stood at $51.7 million in 2022, then jumped by 32.1% to $68.3 million in 2023, then fell by 3.97% to $65.6 million in 2024, then gained by 2.11% to $67.0 million in 2025, then grew by 1.17% to $67.8 million in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $67.8 million in Q1 2026, $67.0 million in Q4 2025, and $66.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 486.95 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 122.78 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 49.23 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 6.75 Bn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 9.69 Bn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 12.87 Bn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 7.31 Bn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 3.43 Bn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 2.94 Bn |
| 10 | Heritage Global | 448,630.02 | -11.12 Mn | 11.67 Mn | 67.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.77 Mn |
| Dec 31, 2025 | 66.98 Mn |
| Sep 30, 2025 | 66.50 Mn |
| Jun 30, 2025 | 65.84 Mn |
| Mar 31, 2025 | 69.79 Mn |
| Dec 31, 2024 | 65.60 Mn |
| Sep 30, 2024 | 66.65 Mn |
| Jun 30, 2024 | 67.61 Mn |
| Mar 31, 2024 | 64.80 Mn |
| Dec 31, 2023 | 68.31 Mn |
| Sep 30, 2023 | 59.70 Mn |
| Jun 30, 2023 | 55.93 Mn |
| Mar 31, 2023 | 55.76 Mn |
| Dec 31, 2022 | 51.71 Mn |
| Sep 30, 2022 | 38.80 Mn |
| Jun 30, 2022 | 37.95 Mn |
| Mar 31, 2022 | 35.35 Mn |
| Dec 31, 2021 | 35.12 Mn |
| Sep 30, 2021 | 32.12 Mn |
| Jun 30, 2021 | 30.98 Mn |