Growth Metrics

Heritage Global (HGBL) Net Margin (2016 - 2025)

Heritage Global (HGBL) has disclosed Net Margin for 16 consecutive years, with 5.15% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Net Margin fell 531.0% year-over-year to 5.15%, compared with a TTM value of 12.46% through Sep 2025, down 919.0%, and an annual FY2024 reading of 18.34%, down 313.0% over the prior year.
  • Net Margin was 5.15% for Q3 2025 at Heritage Global, down from 11.44% in the prior quarter.
  • Across five years, Net Margin topped out at 36.25% in Q4 2022 and bottomed at 3.6% in Q4 2021.
  • Average Net Margin over 5 years is 16.11%, with a median of 14.53% recorded in 2021.
  • The sharpest move saw Net Margin tumbled -7291bps in 2021, then soared 3265bps in 2022.
  • Year by year, Net Margin stood at 3.6% in 2021, then surged by 906bps to 36.25% in 2022, then dropped by -2bps to 35.42% in 2023, then dropped by -23bps to 27.23% in 2024, then plummeted by -81bps to 5.15% in 2025.
  • Business Quant data shows Net Margin for HGBL at 5.15% in Q3 2025, 11.44% in Q2 2025, and 7.91% in Q1 2025.