Heritage Global (HGBL) Shares Outstanding (2010 - 2026)
Heritage Global's Shares Outstanding was 34.63 million in Q2 2026, down 0.7% from 34.87 million a year earlier but up 0.1% from the prior quarter.
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Analysis
Heritage Global (HGBL) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Shares Outstanding at Heritage Global came in at 34.83 million, down 4.4% from FY2024.
- Shares Outstanding shows a five-year compound annual growth rate of 2.9% (FY2020 to FY2025).
- In earlier years, Shares Outstanding was 36.43 million in FY2024 (-0.7%), 36.68 million in FY2023 (+1.8%), 36.02 million in FY2022 (+1.6%) and 35.46 million in FY2021 (+17.4%).
- Quarterly Shares Outstanding has moved between 34.55 million (Q3 2025) and 36.74 million (Q3 2023) over five years.
- Compared with a year earlier, Shares Outstanding has declined for eight straight quarters, with an average decline of 2.8% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding over five years was Q3 2021 (growth of 24.5%); the worst was Q3 2025 (a decline of 5.5%).
- Per Business Quant data, HGBL's Shares Outstanding in the three quarters before Q2 2026 was 34.6 million (Q1 2026), 34.83 million (Q4 2025) and 34.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 68.49 Bn | 67.25 Bn | 1.73 Bn | 62.55 Mn |
| 2 | W.W. Grainger | 63.55 Bn | 61.14 Bn | 1.98 Bn | 47.20 Mn |
| 3 | Fastenal | 60.02 Bn | 59.01 Bn | 1.10 Bn | 1.15 Bn |
| 4 | Ferguson Enterprises | 44.12 Bn | 41.34 Bn | 2.32 Bn | 194.60 Mn |
| 5 | Sunbelt Rentals Holdings | 32.18 Bn | 32.05 Bn | 1.25 Bn | 409.98 Mn |
| 6 | Reliance | 21.53 Bn | 20.57 Bn | 1.30 Bn | 51.05 Mn |
| 7 | Wesco International | 15.70 Bn | 13.02 Bn | 1.46 Bn | 48.80 Mn |
| 8 | Watsco | 12.24 Bn | 9.93 Bn | 578.93 Mn | 38.16 Mn |
| 9 | Applied Industrial Technologies | 11.95 Bn | 11.82 Bn | 411.22 Mn | 37.38 Mn |
| 10 | Heritage Global | 43.63 Mn | -21.07 Mn | 8.34 Mn | 34.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.63 Mn |
| Mar 31, 2026 | 34.60 Mn |
| Dec 31, 2025 | 34.83 Mn |
| Sep 30, 2025 | 34.55 Mn |
| Jun 30, 2025 | 34.87 Mn |
| Mar 31, 2025 | 35.28 Mn |
| Dec 31, 2024 | 36.43 Mn |
| Sep 30, 2024 | 36.58 Mn |
| Jun 30, 2024 | 36.74 Mn |
| Mar 31, 2024 | 36.59 Mn |
| Dec 31, 2023 | 36.68 Mn |
| Sep 30, 2023 | 36.74 Mn |
| Jun 30, 2023 | 36.70 Mn |
| Mar 31, 2023 | 36.01 Mn |
| Dec 31, 2022 | 36.02 Mn |
| Sep 30, 2022 | 36.08 Mn |
| Jun 30, 2022 | 36.10 Mn |
| Mar 31, 2022 | 36.00 Mn |
| Dec 31, 2021 | 35.46 Mn |
| Sep 30, 2021 | 35.81 Mn |
API Access
Heritage Global Shares Outstanding 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=shares-outstanding&ticker=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();