Heritage Global (HGBL) Price to Sales (2011 - 2026)
Heritage Global's (HGBL) Price to Sales was 0.87 for Q2 2026, down 44.8% from 1.58 a year earlier and down 7.5% from the prior quarter.
Analysis
Heritage Global (HGBL) Price to Sales (2011 - 2026) Analysis & Trends
For FY2025, Price to Sales at Heritage Global was 0.85, down 42.0% from FY2024.
- Price to Sales has declined for five consecutive years.
- By year, Price to Sales came in at 1.46 in FY2024 (-13.7%), 1.69 in FY2023 (-8.2%), 1.84 in FY2022 (-30.7%) and 2.65 in FY2021 (-26.0%).
- Five-year quarterly Price to Sales spans a low of 0.85 in Q4 2025 and a high of 2.70 in Q3 2021.
- Year over year, Price to Sales has now declined in each of the last 11 quarters, with an average decline of 24.5% over the last eight quarters.
- The high point for year-over-year Price to Sales in five years was Q2 2023 (growth of 46.4%); the low point was Q2 2022 (a decline of 50.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.94 (Q1 2026), 0.85 (Q4 2025) and 1.16 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 67.84 Bn | 66.96 Bn | 2.05 Bn |
| 2 | W.W. Grainger | 64.29 Bn | 61.89 Bn | 1.98 Bn |
| 3 | Fastenal | 60.07 Bn | 59.07 Bn | 1.10 Bn |
| 4 | Ferguson Enterprises | 44.19 Bn | 41.41 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 32.25 Bn | 32.12 Bn | 1.25 Bn |
| 6 | Reliance | 21.78 Bn | 20.81 Bn | 1.30 Bn |
| 7 | Wesco International | 15.78 Bn | 13.10 Bn | 1.46 Bn |
| 8 | Watsco | 12.44 Bn | 10.12 Bn | 578.93 Mn |
| 9 | Applied Industrial Technologies | 11.85 Bn | 11.73 Bn | 411.22 Mn |
| 10 | Heritage Global | 43.33 Mn | -21.38 Mn | 8.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.87 |
| Mar 31, 2026 | 0.94 |
| Dec 31, 2025 | 0.85 |
| Sep 30, 2025 | 1.16 |
| Jun 30, 2025 | 1.58 |
| Mar 31, 2025 | 1.66 |
| Dec 31, 2024 | 1.46 |
| Sep 30, 2024 | 1.24 |
| Jun 30, 2024 | 1.65 |
| Mar 31, 2024 | 1.74 |
| Dec 31, 2023 | 1.69 |
| Sep 30, 2023 | 1.95 |
| Jun 30, 2023 | 2.38 |
| Mar 31, 2023 | 1.95 |
| Dec 31, 2022 | 1.84 |
| Sep 30, 2022 | 1.46 |
| Jun 30, 2022 | 1.62 |
| Mar 31, 2022 | 1.77 |
| Dec 31, 2021 | 2.65 |
| Sep 30, 2021 | 2.70 |
API Access
Heritage Global Price to Sales 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-sales&ticker=HGBL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();