Heritage Global (HGBL) Selling, General & Administrative (2010 - 2026)
Heritage Global (HGBL) recorded Selling, General & Administrative of $10.84 million in Q2 2026, up 76.5% from $6.14 million a year earlier and up 42.3% from the prior quarter.
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Analysis
Heritage Global (HGBL) Selling, General & Administrative (2010 - 2026) Analysis & Trends
On a TTM basis, Heritage Global's Selling, General & Administrative came in at $30.76 million as of Jun 30, 2026, up 26.9% year-over-year; for FY2025, it was $24.97 million, up 2.9% from FY2024.
- Annual Selling, General & Administrative has a five-year compound annual growth rate of 11.6% (FY2020 to FY2025).
- Across earlier years, Selling, General & Administrative came in at $24.27 million in FY2024 (-6.8%), $26.04 million in FY2023 (+22.1%), $21.33 million in FY2022 (+44.0%) and $14.81 million in FY2021 (+2.5%).
- The Q2 2026 figure is the highest quarterly Selling, General & Administrative in data going back to Q2 2010.
- On a year-over-year basis, Selling, General & Administrative has increased for four consecutive quarters, with growth averaging 9.9% over the last eight quarters.
- Peak year-over-year performance for Selling, General & Administrative in the last five years was growth of 76.5% in Q2 2026, against a decline of 16.5% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $7.62 million (Q1 2026), $6.33 million (Q4 2025) and $5.97 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.38 Bn | 65.50 Bn | 2.05 Bn | 511.00 Mn |
| 2 | W.W. Grainger | 63.95 Bn | 61.55 Bn | 1.98 Bn | 1.18 Bn |
| 3 | Fastenal | 60.28 Bn | 59.28 Bn | 1.10 Bn | 573.90 Mn |
| 4 | Ferguson Enterprises | 43.78 Bn | 40.99 Bn | 2.32 Bn | 1.61 Bn |
| 5 | Sunbelt Rentals Holdings | 31.40 Bn | 31.28 Bn | 1.25 Bn | 443.00 Mn |
| 6 | Reliance | 21.38 Bn | 20.42 Bn | 1.30 Bn | 789.40 Mn |
| 7 | Wesco International | 15.36 Bn | 12.67 Bn | 1.46 Bn | 1.02 Bn |
| 8 | Watsco | 12.33 Bn | 10.02 Bn | 578.93 Mn | 348.99 Mn |
| 9 | Applied Industrial Technologies | 11.75 Bn | 11.63 Bn | 411.22 Mn | 251.91 Mn |
| 10 | Heritage Global | 43.28 Mn | -21.42 Mn | 8.34 Mn | 10.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.84 Mn |
| Mar 31, 2026 | 7.62 Mn |
| Dec 31, 2025 | 6.33 Mn |
| Sep 30, 2025 | 5.97 Mn |
| Jun 30, 2025 | 6.14 Mn |
| Mar 31, 2025 | 6.53 Mn |
| Dec 31, 2024 | 5.88 Mn |
| Sep 30, 2024 | 5.69 Mn |
| Jun 30, 2024 | 6.35 Mn |
| Mar 31, 2024 | 6.36 Mn |
| Dec 31, 2023 | 6.49 Mn |
| Sep 30, 2023 | 6.81 Mn |
| Jun 30, 2023 | 6.44 Mn |
| Mar 31, 2023 | 6.30 Mn |
| Dec 31, 2022 | 6.42 Mn |
| Sep 30, 2022 | 5.69 Mn |
| Jun 30, 2022 | 4.94 Mn |
| Mar 31, 2022 | 4.28 Mn |
| Dec 31, 2021 | 3.68 Mn |
| Sep 30, 2021 | 3.49 Mn |
API Access
Heritage Global Selling, General & Administrative 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=selling-general-and-administrative&ticker=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();