Heritage Global (HGBL) Price to Earnings (2011 - 2026)
Heritage Global's (HGBL) Price to Earnings was 14.58 for Q1 2026, down 16.2% from 17.40 a year earlier but up 21.4% from the prior quarter.
Powered by 
Analysis
Heritage Global (HGBL) Price to Earnings (2011 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Heritage Global was 12.01, down 5.8% from FY2024.
- By year, Price to Earnings came in at 12.75 in FY2024 (+55.7%), 8.19 in FY2023 (+47.2%), 5.56 in FY2022 (-75.2%) and 22.40 in FY2021 (+130.5%).
- Five-year quarterly Price to Earnings spans a low of 5.56 in Q4 2022 and a high of 22.40 in Q4 2021.
- Year over year, Price to Earnings gained in five of the last eight quarters, with growth averaging 64.2%.
- The high point for year-over-year Price to Earnings in five years was Q3 2025 (growth of 211.1%); the low point was Q4 2022 (a decline of 75.2%).
- Per Business Quant data, the three quarters before Q1 2026 came in at 12.01 (Q4 2025), 18.71 (Q3 2025) and 21.50 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 68.45 Bn | 67.57 Bn | 2.05 Bn |
| 2 | W.W. Grainger | 63.61 Bn | 61.20 Bn | 1.98 Bn |
| 3 | Fastenal | 59.55 Bn | 58.55 Bn | 1.10 Bn |
| 4 | Ferguson Enterprises | 44.15 Bn | 41.36 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 32.30 Bn | 32.18 Bn | 1.25 Bn |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn |
| 7 | Wesco International | 15.46 Bn | 12.78 Bn | 1.46 Bn |
| 8 | Watsco | 12.30 Bn | 9.98 Bn | 578.93 Mn |
| 9 | Applied Industrial Technologies | 11.84 Bn | 11.72 Bn | 411.22 Mn |
| 10 | Heritage Global | 43.28 Mn | -21.42 Mn | 8.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 14.58 |
| Dec 31, 2025 | 12.01 |
| Sep 30, 2025 | 18.71 |
| Jun 30, 2025 | 21.50 |
| Mar 31, 2025 | 17.40 |
| Dec 31, 2024 | 12.75 |
| Sep 30, 2024 | 6.01 |
| Jun 30, 2024 | 8.14 |
| Mar 31, 2024 | 8.52 |
| Dec 31, 2023 | 8.19 |
| Sep 30, 2023 | 6.56 |
| Jun 30, 2023 | 7.47 |
| Mar 31, 2023 | 5.98 |
| Dec 31, 2022 | 5.56 |
| Sep 30, 2022 | 9.17 |
| Jun 30, 2022 | 11.83 |
| Mar 31, 2022 | 18.57 |
| Dec 31, 2021 | 22.40 |
| Sep 30, 2021 | 8.52 |
| Jun 30, 2021 | 9.98 |
API Access
Heritage Global Price to Earnings 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=price-to-earnings&ticker=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();