Heritage Global (HGBL) Return on Assets [ROA] (2011 - 2026)
Heritage Global (HGBL) posted Return on Assets [ROA] of -16.46% for Q2 2026, down 20.57 percentage points from 4.11% a year earlier and down 21.92 percentage points from the prior quarter.
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Analysis
Heritage Global (HGBL) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Heritage Global's Return on Assets [ROA] came in at 4.23%, down 2.07 percentage points from FY2024.
- Annual Return on Assets [ROA] has declined for three consecutive years, with a five-year change of -24.83 percentage points (FY2020 to FY2025).
- In prior years, Heritage Global's Return on Assets [ROA] was 6.30% in FY2024 (-10.25 pp), 16.55% in FY2023 (-9.70 pp), 26.25% in FY2022 (+19.83 pp) and 6.43% in FY2021 (-22.63 pp).
- The Q2 2026 figure stands as the lowest quarterly Return on Assets [ROA] since Q3 2016.
- On a year-over-year basis, Return on Assets [ROA] increased in 1 of the last eight quarters, with an average year-over-year change of -7.84 percentage points.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q1 2023, with a gain of 19.51 percentage points; the weakest was Q4 2021, with a drop of 20.71 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was 5.47% (Q1 2026), 5.82% (Q4 2025) and 5.26% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 68.45 Bn | 67.57 Bn | 2.05 Bn | 8.91% |
| 2 | W.W. Grainger | 63.61 Bn | 61.20 Bn | 1.98 Bn | 20.75% |
| 3 | Fastenal | 59.55 Bn | 58.55 Bn | 1.10 Bn | 26.29% |
| 4 | Ferguson Enterprises | 44.15 Bn | 41.36 Bn | 2.32 Bn | 11.44% |
| 5 | Sunbelt Rentals Holdings | 32.30 Bn | 32.18 Bn | 1.25 Bn | 6.70% |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn | 8.16% |
| 7 | Wesco International | 15.46 Bn | 12.78 Bn | 1.46 Bn | 4.10% |
| 8 | Watsco | 12.30 Bn | 9.98 Bn | 578.93 Mn | 11.52% |
| 9 | Applied Industrial Technologies | 11.84 Bn | 11.72 Bn | 411.22 Mn | 13.82% |
| 10 | Heritage Global | 43.28 Mn | -21.42 Mn | 8.34 Mn | -16.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.46% |
| Mar 31, 2026 | 5.47% |
| Dec 31, 2025 | 5.82% |
| Sep 30, 2025 | 5.26% |
| Jun 30, 2025 | 4.11% |
| Mar 31, 2025 | 5.29% |
| Dec 31, 2024 | 6.10% |
| Sep 30, 2024 | 11.51% |
| Jun 30, 2024 | 12.85% |
| Mar 31, 2024 | 13.72% |
| Dec 31, 2023 | 14.89% |
| Sep 30, 2023 | 21.37% |
| Jun 30, 2023 | 23.00% |
| Mar 31, 2023 | 24.70% |
| Dec 31, 2022 | 25.28% |
| Sep 30, 2022 | 11.95% |
| Jun 30, 2022 | 8.82% |
| Mar 31, 2022 | 5.20% |
| Dec 31, 2021 | 6.37% |
| Sep 30, 2021 | 19.08% |
API Access
Heritage Global Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();