Heritage Global (HGBL) Operating Leases (2019 - 2026)
Heritage Global's Operating Leases came in at $509,000 for Q2 2026, down 56.0% from $1.16 million a year earlier and down 17.8% from the prior quarter.
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Analysis
Heritage Global (HGBL) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Heritage Global's Operating Leases was $790,000, down 47.7% from FY2024.
- Operating Leases has declined in each of the last four years, though with a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- Going back by year, Operating Leases was $1.51 million in FY2024 (-18.8%), $1.86 million in FY2023 (-14.1%), $2.16 million in FY2022 (-3.8%) and $2.25 million in FY2021 (+261.0%).
- The Q2 2026 figure represents the lowest quarterly Operating Leases since Q3 2019.
- Year-over-year, Operating Leases has declined for 12 consecutive quarters, with an average decline of 35.5% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q1 2022 (growth of 277.1%), and the weakest in Q2 2026 (a decline of 56.0%).
- Business Quant data shows HGBL's Operating Leases at $619,000 (Q1 2026), $790,000 (Q4 2025) and $976,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 66.03 Bn | 64.79 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 63.30 Bn | 60.90 Bn | 1.98 Bn |
| 3 | Fastenal | 60.10 Bn | 59.02 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 44.31 Bn | 41.53 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 32.16 Bn | 32.04 Bn | 1.25 Bn |
| 6 | Reliance | 21.29 Bn | 20.33 Bn | 1.30 Bn |
| 7 | Wesco International | 16.91 Bn | 14.23 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.49 Bn | 12.37 Bn | 411.22 Mn |
| 9 | Watsco | 11.68 Bn | 9.37 Bn | 578.93 Mn |
| 10 | Heritage Global | 43.63 Mn | -21.07 Mn | 8.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 509,000.00 |
| Mar 31, 2026 | 619,000.00 |
| Dec 31, 2025 | 790,000.00 |
| Sep 30, 2025 | 976,000.00 |
| Jun 30, 2025 | 1.16 Mn |
| Mar 31, 2025 | 1.34 Mn |
| Dec 31, 2024 | 1.51 Mn |
| Sep 30, 2024 | 1.68 Mn |
| Jun 30, 2024 | 1.58 Mn |
| Mar 31, 2024 | 1.71 Mn |
| Dec 31, 2023 | 1.86 Mn |
| Sep 30, 2023 | 2.02 Mn |
| Jun 30, 2023 | 2.18 Mn |
| Mar 31, 2023 | 2.03 Mn |
| Dec 31, 2022 | 2.16 Mn |
| Sep 30, 2022 | 2.29 Mn |
| Jun 30, 2022 | 1.90 Mn |
| Mar 31, 2022 | 2.13 Mn |
| Dec 31, 2021 | 2.25 Mn |
| Sep 30, 2021 | 2.37 Mn |
API Access
Heritage Global Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "HGBL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();