Heritage Global (HGBL) Return on Capital Employed (2014 - 2026)
Heritage Global (HGBL) reported Return on Capital Employed of 0.54% for Q1 2026, down 2597.0% on a YoY basis from 0.02% in Q1 2025, and down 51.12% quarter-over-quarter from 1.11% in Q4 2025.
Heritage Global (HGBL) Return on Capital Employed (2014 - 2026) Analysis & Trends
Heritage Global has reported Return on Capital Employed for 13 years, with the latest figure at 0.54% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 2597.0% year-over-year to 0.54%; the trailing twelve-month figure through Mar 2026 stood at 0.54% (down 2597.0% YoY), and the FY2025 full-year result was 1.15%, down 1225.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 0.54%, down from 1.11% in the prior quarter.
- The five-year high for Return on Capital Employed was 33.47% in Q4 2024, with the low at 3771.35% in Q2 2024.
- Historically, Return on Capital Employed has averaged 209.55% across 5 years, with a median of 20.73% in 2023.
- Annual changes were most pronounced in 2024 — Return on Capital Employed plunged 379380 bps — and 2025, when it soared 379189 bps.
- Heritage Global's Return on Capital Employed stood at 24.68% in 2022, then retreated by 16 bps to 20.73% in 2023, then jumped by 61 bps to 33.47% in 2024, then plunged by 97 bps to 1.11% in 2025, then slumped by 51 bps to 0.54% in 2026.
- The last three Return on Capital Employed figures came in at 0.54% (Q1 2026), 1.11% (Q4 2025), and 8.77% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | - |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 27.74% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | - |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | - |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | -5.62% |
| 10 | Heritage Global | 45.32 Mn | 33.76 Mn | 11.67 Mn | 0.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.54% |
| Dec 31, 2025 | 1.11% |
| Sep 30, 2025 | 8.77% |
| Jun 30, 2025 | 20.54% |
| Mar 31, 2025 | 26.52% |
| Dec 31, 2024 | 33.47% |
| Sep 30, 2024 | -77.77% |
| Jun 30, 2024 | -3,771.35% |
| Mar 31, 2024 | 31.48% |
| Dec 31, 2023 | 20.73% |
| Sep 30, 2023 | 20.80% |
| Jun 30, 2023 | 22.45% |
| Mar 31, 2023 | 28.27% |
| Dec 31, 2022 | 24.68% |
| Sep 30, 2022 | 22.89% |
| Jun 30, 2022 | 16.69% |
| Mar 31, 2022 | 7.92% |
| Dec 31, 2021 | 8.95% |
| Sep 30, 2021 | 14.59% |
| Jun 30, 2021 | 19.20% |