Heritage Global Past Earnings Performance
Past criteria checks 3/6
Heritage Global has been growing earnings at an average annual rate of 33.5%, while the Capital Markets industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 21.3% per year. Heritage Global's return on equity is 20.4%, and it has net margins of 20.6%.
Key information
33.5%
Earnings growth rate
27.8%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 21.3% |
| Return on equity | 20.4% |
| Net Margin | 20.6% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
Is Now The Time To Put Heritage Global (NASDAQ:HGBL) On Your Watchlist?
Aug 13
Analysts Just Shipped A Notable Upgrade To Their Heritage Global Inc. (NASDAQ:HGBL) Estimates
Nov 17Heritage Global anticipates significant net operating growth in 2Q22
Jul 11Heritage Global: The Earnings Rose Is About To Bloom But Beware The Thorns
Mar 31Executive Compensation Excesses At Heritage Global
Feb 17Heritage Global: Strategic Acquisition And Insiders Buying
Sep 08Heritage Global to join Russell Microcap Index
Jun 16Heritage Global (HGBL) Investor Presentation - Slideshow
Jan 11Heritage Global reports Q3 results
Nov 09Revenue & Expenses BreakdownBeta
How Heritage Global makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 61 | 12 | 26 | 0 |
| 30 Sep 23 | 59 | 18 | 26 | 0 |
| 30 Jun 23 | 56 | 18 | 25 | 0 |
| 31 Mar 23 | 54 | 18 | 23 | 0 |
| 31 Dec 22 | 47 | 15 | 21 | 0 |
| 30 Sep 22 | 41 | 6 | 19 | 0 |
| 30 Jun 22 | 34 | 5 | 17 | 0 |
| 31 Mar 22 | 28 | 3 | 16 | 0 |
| 31 Dec 21 | 26 | 3 | 15 | 0 |
| 30 Sep 21 | 27 | 8 | 15 | 0 |
| 30 Jun 21 | 28 | 9 | 15 | 0 |
| 31 Mar 21 | 29 | 11 | 15 | 0 |
| 31 Dec 20 | 26 | 10 | 14 | 0 |
| 30 Sep 20 | 23 | 4 | 15 | 0 |
| 30 Jun 20 | 23 | 4 | 15 | 0 |
| 31 Mar 20 | 24 | 3 | 15 | 0 |
| 31 Dec 19 | 26 | 4 | 16 | 0 |
| 30 Sep 19 | 27 | 4 | 15 | 0 |
| 30 Jun 19 | 25 | 3 | 15 | 0 |
| 31 Mar 19 | 24 | 3 | 16 | 0 |
| 31 Dec 18 | 24 | 4 | 15 | 0 |
| 30 Sep 18 | 23 | 3 | 15 | 0 |
| 30 Jun 18 | 23 | 3 | 15 | 0 |
| 31 Mar 18 | 21 | 1 | 14 | 0 |
| 31 Dec 17 | 20 | 0 | 14 | 0 |
| 30 Sep 17 | 20 | 0 | 13 | 0 |
| 30 Jun 17 | 24 | -1 | 12 | 0 |
| 31 Mar 17 | 23 | 0 | 12 | 0 |
| 31 Dec 16 | 24 | 0 | 12 | 0 |
| 30 Sep 16 | 23 | -5 | 13 | 0 |
| 30 Jun 16 | 19 | -8 | 13 | 0 |
| 31 Mar 16 | 18 | -10 | 13 | 0 |
| 31 Dec 15 | 17 | -10 | 13 | 0 |
| 30 Sep 15 | 21 | -5 | 13 | 0 |
| 30 Jun 15 | 23 | -2 | 12 | 0 |
| 31 Mar 15 | 23 | -2 | 12 | 0 |
| 31 Dec 14 | 20 | -27 | 11 | 0 |
| 30 Sep 14 | 13 | -31 | 10 | 0 |
| 30 Jun 14 | 10 | -31 | 9 | 0 |
| 31 Mar 14 | 9 | -31 | 9 | 0 |
| 31 Dec 13 | 9 | -6 | 10 | 0 |
| 30 Sep 13 | 11 | -2 | 10 | 0 |
| 30 Jun 13 | 11 | -3 | 12 | 0 |
Quality Earnings: HGBL has high quality earnings.
Growing Profit Margin: HGBL's current net profit margins (20.6%) are lower than last year (33%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HGBL has become profitable over the past 5 years, growing earnings by 33.5% per year.
Accelerating Growth: HGBL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HGBL had negative earnings growth (-19.5%) over the past year, making it difficult to compare to the Capital Markets industry average (-0.3%).
Return on Equity
High ROE: HGBL's Return on Equity (20.4%) is considered high.