Heritage Global (HGBL) Times Interest Earned (2010 - 2026)
Heritage Global's (HGBL) quarterly Times Interest Earned came in at 321.71 in Q2 2026, down 159.44% on a YoY basis from 541.22 in Q2 2025, and down 738.31% quarter-over-quarter from 50.4 in Q1 2026.
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Heritage Global (HGBL) Times Interest Earned (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported Times Interest Earned for 17 consecutive years, with 321.71 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Times Interest Earned fell 159.44% year-over-year to 321.71; the trailing twelve-month figure through Jun 2026 stood at 713.08 (down 1855.86% YoY), and the FY2025 full-year result was 42.62, down 143.72% from the prior year.
- Times Interest Earned fell to 321.71 in Q2 2026 per HGBL's latest filing, from 50.4 in the prior quarter.
- Across five years, Times Interest Earned topped out at 185.12 in Q4 2022 and bottomed at 321.71 in Q2 2026.
- Historically, Times Interest Earned has averaged 6.87 across 5 years, with a median of 29.25 in 2023.
- The sharpest annual moves came in 2022 and 2025: Times Interest Earned soared 1307.55% in 2022, then slumped 477.88% in 2025.
- Over 5 years, Times Interest Earned stood at 185.12 in 2022, then sank by 75.15% to 46.01 in 2023, then plunged by 135.86% to 16.5 in 2024, then sank by 80.65% to 29.81 in 2025, then sank by 979.28% to 321.71 in 2026.
- According to Business Quant data, Times Interest Earned over the past three periods registered 321.71, 50.4, and 29.81 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.65 Bn | 59.45 Bn | 1.98 Bn | - |
| 2 | Fastenal | 56.24 Bn | 56.03 Bn | 1.06 Bn | 418.17 |
| 3 | Ferguson Enterprises | 41.63 Bn | 40.81 Bn | 2.32 Bn | - |
| 4 | Reliance | 19.90 Bn | 19.67 Bn | 1.30 Bn | 24.26 |
| 5 | Wesco International | 16.76 Bn | 15.94 Bn | 1.46 Bn | - |
| 6 | Applied Industrial Technologies | 11.84 Bn | 11.72 Bn | 411.22 Mn | - |
| 7 | Watsco | 11.10 Bn | 11.11 Bn | 578.93 Mn | - |
| 8 | Avantor | 10.50 Bn | 10.19 Bn | 537.00 Mn | 3.09 |
| 9 | Core & Main | 7.86 Bn | 7.62 Bn | 573.00 Mn | 7.09 |
| 10 | Heritage Global | 46.42 Mn | 33.24 Mn | 9.46 Mn | -321.71 |
Historic Data
Download Data
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 |