Heritage Global (HGBL) Net Margin (2010 - 2026)
Heritage Global's (HGBL) quarterly Net Margin came in at 129.54% in Q2 2026, down 14098.0% on a YoY basis from N/an in Q2 2025, and down 2399.01% quarter-over-quarter from 5.63% in Q1 2026.
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Heritage Global (HGBL) Net Margin (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported Net Margin for 16 consecutive years, with 129.54% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 14098.0% year-over-year to 129.54%; the trailing twelve-month figure through Jun 2026 stood at 30.12% (down 3744.0% YoY), and the FY2025 full-year result was 3.64%, down 779.0% from the prior year.
- Net Margin fell to 129.54% in Q2 2026 per HGBL's latest filing, from 5.63% in the prior quarter.
- Across five years, Net Margin topped out at 72.08% in Q4 2022 and bottomed at 129.54% in Q2 2026.
- Historically, Net Margin has averaged 7.78% across 5 years, with a median of 13.75% in 2023.
- The sharpest annual moves came in 2022 and 2026: Net Margin soared 5074 bps in 2022, then sank 14098 bps in 2026.
- Over 5 years, Net Margin stood at 72.08% in 2022, then tumbled by 68 bps to 22.71% in 2023, then sank by 108 bps to 1.89% in 2024, then sank by 540 bps to 12.07% in 2025, then slumped by 973 bps to 129.54% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 129.54%, 5.63%, and 12.07% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.65 Bn | 59.45 Bn | 1.98 Bn | 11.95% |
| 2 | Fastenal | 56.24 Bn | 56.03 Bn | 1.06 Bn | 16.04% |
| 3 | Ferguson Enterprises | 41.63 Bn | 40.81 Bn | 2.32 Bn | 5.54% |
| 4 | Reliance | 19.90 Bn | 19.67 Bn | 1.30 Bn | 6.97% |
| 5 | Wesco International | 16.76 Bn | 15.94 Bn | 1.46 Bn | 3.14% |
| 6 | Applied Industrial Technologies | 11.84 Bn | 11.72 Bn | 411.22 Mn | 8.77% |
| 7 | Watsco | 11.10 Bn | 11.11 Bn | 578.93 Mn | 9.09% |
| 8 | Avantor | 10.50 Bn | 10.19 Bn | 537.00 Mn | 2.25% |
| 9 | Core & Main | 7.86 Bn | 7.62 Bn | 573.00 Mn | 6.99% |
| 10 | Heritage Global | 46.42 Mn | 33.24 Mn | 9.46 Mn | -129.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -129.54% |
| Mar 31, 2026 | 5.63% |
| Dec 31, 2025 | -12.07% |
| Sep 30, 2025 | 18.35% |
| Jun 30, 2025 | 11.44% |
| Mar 31, 2025 | 7.91% |
| Dec 31, 2024 | -1.89% |
| Sep 30, 2024 | 10.46% |
| Jun 30, 2024 | 20.77% |
| Mar 31, 2024 | 14.79% |
| Dec 31, 2023 | 22.71% |
| Sep 30, 2023 | 12.71% |
| Jun 30, 2023 | 21.22% |
| Mar 31, 2023 | 17.03% |
| Dec 31, 2022 | 72.08% |
| Sep 30, 2022 | 18.17% |
| Jun 30, 2022 | 23.30% |
| Mar 31, 2022 | 6.89% |
| Dec 31, 2021 | 21.35% |
| Sep 30, 2021 | 7.91% |