Heritage Global Inc. (HGBL) Earnings History
Annual and quarterly earnings data from 1988 to 2025
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HGBL EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
HGBL Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 84.4% | 11.0% | 7.0% |
| 2024 | 31.3% | 20.0% | 11.4% |
| 2023 | 35.3% | 23.7% | 20.6% |
| 2022 | 22.2% | 23.7% | 33.0% |
| 2021 | 42.7% | 11.7% | 11.8% |
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Heritage Global Inc. (HGBL) Earnings Overview
As of May 8, 2026, Heritage Global Inc. (HGBL) reported trailing twelve-month net income of $4M, reflecting -28.6% year-over-year growth. The company earned $0.10 per diluted share over the past four quarters, with a net profit margin of 7.0%.
Looking at the long-term picture, HGBL's 5-year EPS compound annual growth rate (CAGR) stands at -19.7%, signaling declining earnings. The company achieved its highest annual net income of $31M in fiscal 2011.
Heritage Global Inc. maintains positive profitability with a gross margin of 84.4%, operating margin of 11.0%, and net margin of 7.0%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including CPSS ($19M net income, 4.5% margin), RILY ($531M net income, 29.8% margin), ASST (-$217M net income, -591.2% margin), HGBL has outperformed on profitability metrics. Compare HGBL vs CPSS →
HGBL Earnings vs Peers
Earnings metrics vs comparable public companies
HGBL Historical Earnings Data (1988–2025)
38 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4M | -30.8% | $6M | $0.10 | 7.0% | 11.0% |
| 2024 | $5M | -58.5% | $9M | $0.14 | 11.4% | 20.0% |
| 2023 | $12M | -19.5% | $14M | $0.33 | 20.6% | 23.7% |
| 2022 | $15M | +407.5% | $11M | $0.42 | 33.0% | 23.7% |
| 2021 | $3M | -68.4% | $3M | $0.08 | 11.8% | 11.7% |
| 2020 | $10M | +147.7% | $6M | $0.30 | 36.9% | 23.1% |
| 2019 | $4M | +3.9% | $3M | $0.13 | 14.9% | 11.7% |
| 2018 | $4M | +1606.4% | $4M | $0.13 | 15.9% | 17.2% |
| 2017 | $-249,000 | -1878.6% | $364,000 | $-0.01 | -1.2% | 1.8% |
| 2016 | $14,000 | +100.1% | $190,000 | $0.00 | 0.1% | 0.8% |
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Start ComparisonHGBL — Frequently Asked Questions
Quick answers to the most common questions about buying HGBL stock.
Is HGBL growing earnings?
HGBL EPS fell to $0.10, with earnings declining -28.6%. This contrasts with the 5-year CAGR of -19.7%. TTM net income dropped to $4M.
What are HGBL's profit margins?
Heritage Global Inc. net margin is +7.0%, with operating margin at +11.0%. Margins sit within typical range for the sector.
How consistent are HGBL's earnings?
HGBL earnings data spans 1988-2025. The declining earnings trend is -28.6% YoY. Historical data enables comparison across business cycles.