Heritage Global (HGBL) Total Liabilities (2010 - 2026)
Heritage Global (HGBL) recorded Total Liabilities of $18.47 million in Q2 2026, down 16.0% from $21.98 million a year earlier but up 7.2% from the prior quarter.
Heritage Global (HGBL) Total Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025, Heritage Global reported Total Liabilities of $21.46 million, up 33.2% from FY2024.
- Annual Total Liabilities has a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- Across earlier years, Total Liabilities came in at $16.11 million in FY2024 (-27.1%), $22.09 million in FY2023 (+14.7%), $19.26 million in FY2022 (+8.1%) and $17.83 million in FY2021 (+22.0%).
- Quarterly Total Liabilities has ranged from $13.77 million in Q3 2021 to $28.04 million in Q3 2023 over the past five years.
- On a year-over-year basis, Total Liabilities rose in two of the last eight quarters, with an average decline of 8.2%.
- Peak year-over-year performance for Total Liabilities in the last five years was growth of 132.3% in Q1 2022, against a decline of 27.1% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $17.22 million (Q1 2026), $21.46 million (Q4 2025) and $20.01 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.71 Bn | 64.47 Bn | 1.73 Bn | 22.09 Bn |
| 2 | W.W. Grainger | 63.34 Bn | 60.93 Bn | 1.98 Bn | 5.11 Bn |
| 3 | Fastenal | 60.01 Bn | 58.94 Bn | 1.06 Bn | 1.22 Bn |
| 4 | Ferguson Enterprises | 44.45 Bn | 41.66 Bn | 2.32 Bn | 11.92 Bn |
| 5 | Sunbelt Rentals Holdings | 32.09 Bn | 31.96 Bn | 1.25 Bn | 16.17 Bn |
| 6 | Reliance | 21.46 Bn | 20.50 Bn | 1.30 Bn | 3.75 Bn |
| 7 | Wesco International | 16.97 Bn | 14.28 Bn | 1.46 Bn | 12.59 Bn |
| 8 | Applied Industrial Technologies | 12.53 Bn | 12.40 Bn | 411.22 Mn | 1.15 Bn |
| 9 | Watsco | 11.76 Bn | 9.45 Bn | 578.93 Mn | 1.61 Bn |
| 10 | Heritage Global | 43.36 Mn | -21.34 Mn | 8.34 Mn | 18.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.47 Mn |
| Mar 31, 2026 | 17.22 Mn |
| Dec 31, 2025 | 21.46 Mn |
| Sep 30, 2025 | 20.01 Mn |
| Jun 30, 2025 | 21.98 Mn |
| Mar 31, 2025 | 21.26 Mn |
| Dec 31, 2024 | 16.11 Mn |
| Sep 30, 2024 | 22.40 Mn |
| Jun 30, 2024 | 24.19 Mn |
| Mar 31, 2024 | 20.67 Mn |
| Dec 31, 2023 | 22.09 Mn |
| Sep 30, 2023 | 28.04 Mn |
| Jun 30, 2023 | 25.64 Mn |
| Mar 31, 2023 | 24.32 Mn |
| Dec 31, 2022 | 19.26 Mn |
| Sep 30, 2022 | 16.74 Mn |
| Jun 30, 2022 | 17.51 Mn |
| Mar 31, 2022 | 18.74 Mn |
| Dec 31, 2021 | 17.83 Mn |
| Sep 30, 2021 | 13.77 Mn |
Heritage Global Total Liabilities 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=total-liabilities&ticker=HGBL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();