Heritage Global (HGBL) Times Interest Earned (2010 - 2026)
Heritage Global's (HGBL) Times Interest Earned came in at -321.71 for Q2 2026, compared with 124.00 a year earlier.
Heritage Global (HGBL) Times Interest Earned (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Times Interest Earned at Heritage Global was -713.08; for FY2025, it was 42.62, down 56.3% from FY2024.
- In prior years, Heritage Global's Times Interest Earned was 97.48 in FY2024 (+120.6%), 44.19 in FY2023 (-55.1%), 98.41 in FY2022 (-28.2%) and 137.00 in FY2021 (+1.7%).
- The Q2 2026 figure stands as the lowest quarterly Times Interest Earned in data going back to Q2 2010.
- On a year-over-year basis, Times Interest Earned increased in four of the last seven quarters, with growth averaging 57.9%.
- The strongest year-over-year quarter for Times Interest Earned in the past five years was Q4 2022, with growth of 280.6%; the weakest was Q1 2022, with a decline of 93.4%.
- According to Business Quant data, Times Interest Earned for the three prior quarters was 50.40 (Q1 2026), 29.81 (Q4 2025) and 38.26 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.79 Bn | 65.55 Bn | 1.73 Bn | - |
| 2 | W.W. Grainger | 63.72 Bn | 61.32 Bn | 1.98 Bn | - |
| 3 | Fastenal | 60.28 Bn | 59.28 Bn | 1.10 Bn | 663.50 |
| 4 | Ferguson Enterprises | 44.38 Bn | 41.59 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 32.28 Bn | 32.16 Bn | 1.25 Bn | - |
| 6 | Reliance | 21.45 Bn | 20.49 Bn | 1.30 Bn | 24.26 |
| 7 | Wesco International | 17.03 Bn | 14.34 Bn | 1.46 Bn | - |
| 8 | Applied Industrial Technologies | 12.67 Bn | 12.54 Bn | 411.22 Mn | - |
| 9 | Avantor | 11.71 Bn | 10.50 Bn | 537.00 Mn | 3.09 |
| 10 | Heritage Global | 44.32 Mn | -20.38 Mn | 8.34 Mn | -321.71 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -321.71 |
| Mar 31, 2026 | 50.40 |
| Dec 31, 2025 | 29.81 |
| Sep 30, 2025 | 38.26 |
| Jun 30, 2025 | 124.00 |
| Mar 31, 2025 | 25.05 |
| Dec 31, 2024 | 16.50 |
| Sep 30, 2024 | 87.00 |
| Jun 30, 2024 | 32.81 |
| Mar 31, 2024 | 27.80 |
| Dec 31, 2023 | 46.01 |
| Sep 30, 2023 | 49.45 |
| Jun 30, 2023 | 30.70 |
| Mar 31, 2023 | 57.26 |
| Dec 31, 2022 | 185.12 |
| Sep 30, 2022 | 165.43 |
| Jun 30, 2022 | 97.95 |
| Mar 31, 2022 | 23.03 |
| Dec 31, 2021 | 48.64 |
| Sep 30, 2021 | 88.83 |
Heritage Global Times Interest Earned 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=times-interest-earned&ticker=HGBL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();