Heritage Global (HGBL) Return on Capital Employed (2014 - 2026)
Heritage Global's (HGBL) quarterly Return on Capital Employed came in at 0.54% in Q1 2026, down 2055.0% YoY from 0.03% in Q1 2025, and down 51.12% on a QoQ basis from 1.11% in Q4 2025.
Heritage Global (HGBL) Return on Capital Employed (2014 - 2026) Analysis & Trends
Heritage Global (HGBL) has 13 years of Return on Capital Employed data on file, last reported at 0.54% in Q1 2026.
- Quarterly Return on Capital Employed fell 2055.0% year-over-year to 0.54% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.54% (down 2055.0% YoY) and the FY2025 annual result came in at 1.15%, down 1225.0% from the prior year.
- Return on Capital Employed fell to 0.54% in Q1 2026, from 1.11% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 127.4% in Q3 2024 to a low of 684.3% in Q2 2024.
- A 5-year average of 16.46% and a median of 20.8% in 2023 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2024 — Return on Capital Employed sank 70676 bps — and 2025, when it jumped 70088 bps.
- Tracing HGBL's Return on Capital Employed over 5 years: stood at 24.68% in 2022, then retreated by 16 bps to 20.73% in 2023, then grew by 3 bps to 21.29% in 2024, then plunged by 95 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 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 29.16% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 28.96% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -6.29% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | - |
| 10 | Heritage Global | 38.49 Mn | 26.93 Mn | 9.35 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 | 16.58% |
| Mar 31, 2025 | 21.09% |
| Dec 31, 2024 | 21.29% |
| Sep 30, 2024 | 127.40% |
| Jun 30, 2024 | -684.30% |
| Mar 31, 2024 | 43.26% |
| 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% |