Heritage Global (HGBL) Return on Equity [ROE] (2011 - 2026)
Heritage Global (HGBL) posted Return on Equity [ROE] of -21.36% for Q2 2026, down 26.84 percentage points from 5.47% a year earlier and down 28.40 percentage points from the prior quarter.
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Analysis
Heritage Global (HGBL) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Heritage Global's Return on Equity [ROE] came in at 5.43%, down 2.78 percentage points from FY2024.
- Annual Return on Equity [ROE] has declined for three consecutive years, with a five-year change of -40.79 percentage points (FY2020 to FY2025).
- In prior years, Heritage Global's Return on Equity [ROE] was 8.21% in FY2024 (-14.60 pp), 22.81% in FY2023 (-15.47 pp), 38.28% in FY2022 (+28.53 pp) and 9.76% in FY2021 (-36.46 pp).
- The Q2 2026 figure stands as the lowest quarterly Return on Equity [ROE] since Q3 2016.
- On a year-over-year basis, Return on Equity [ROE] increased in 1 of the last eight quarters, with an average year-over-year change of -11.06 percentage points.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q1 2023, with a gain of 27.44 percentage points; the weakest was Q4 2021, with a drop of 32.58 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 7.04% (Q1 2026), 7.62% (Q4 2025) and 6.93% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 68.92 Bn | 68.04 Bn | 2.05 Bn | 30.20% |
| 2 | W.W. Grainger | 64.06 Bn | 62.04 Bn | 1.98 Bn | 44.74% |
| 3 | Fastenal | 60.50 Bn | 59.49 Bn | 1.10 Bn | 34.51% |
| 4 | Ferguson Enterprises | 44.11 Bn | 41.32 Bn | 2.32 Bn | 34.02% |
| 5 | Sunbelt Rentals Holdings | 32.31 Bn | 32.19 Bn | 1.25 Bn | 20.69% |
| 6 | Reliance | 21.38 Bn | 20.42 Bn | 1.30 Bn | 12.32% |
| 7 | Wesco International | 15.77 Bn | 13.08 Bn | 1.46 Bn | 13.82% |
| 8 | Applied Industrial Technologies | 11.75 Bn | 11.63 Bn | 411.22 Mn | 22.28% |
| 9 | Watsco | 11.64 Bn | 9.81 Bn | 578.93 Mn | 16.76% |
| 10 | Heritage Global | 43.30 Mn | -21.40 Mn | 8.34 Mn | -21.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -21.36% |
| Mar 31, 2026 | 7.04% |
| Dec 31, 2025 | 7.62% |
| Sep 30, 2025 | 6.93% |
| Jun 30, 2025 | 5.47% |
| Mar 31, 2025 | 6.81% |
| Dec 31, 2024 | 7.89% |
| Sep 30, 2024 | 15.58% |
| Jun 30, 2024 | 17.33% |
| Mar 31, 2024 | 18.44% |
| Dec 31, 2023 | 21.24% |
| Sep 30, 2023 | 31.73% |
| Jun 30, 2023 | 33.90% |
| Mar 31, 2023 | 35.52% |
| Dec 31, 2022 | 35.79% |
| Sep 30, 2022 | 17.46% |
| Jun 30, 2022 | 13.43% |
| Mar 31, 2022 | 8.08% |
| Dec 31, 2021 | 9.51% |
| Sep 30, 2021 | 26.88% |
API Access
Heritage Global Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();