Heritage Global Inc.

NasdaqCM:HGBL Stock Report

Market Cap: US$97.1m

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 9.9% 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 Growth10.3%
Revenue growth rate21.3%
Return on equity20.4%
Net Margin20.6%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Is Now The Time To Put Heritage Global (NASDAQ:HGBL) On Your Watchlist?

Aug 13
Is Now The Time To Put Heritage Global (NASDAQ:HGBL) On Your Watchlist?

Analysts Just Shipped A Notable Upgrade To Their Heritage Global Inc. (NASDAQ:HGBL) Estimates

Nov 17
Analysts Just Shipped A Notable Upgrade To Their Heritage Global Inc. (NASDAQ:HGBL) Estimates

Heritage Global anticipates significant net operating growth in 2Q22

Jul 11

Heritage Global: The Earnings Rose Is About To Bloom But Beware The Thorns

Mar 31

Executive Compensation Excesses At Heritage Global

Feb 17

Heritage Global: Strategic Acquisition And Insiders Buying

Sep 08

Heritage Global to join Russell Microcap Index

Jun 16

Heritage Global (HGBL) Investor Presentation - Slideshow

Jan 11

Heritage Global reports Q3 results

Nov 09

Revenue & Expenses Breakdown
Beta

How Heritage Global makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:HGBL Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 236112260
30 Sep 235918260
30 Jun 235618250
31 Mar 235418230
31 Dec 224715210
30 Sep 22416190
30 Jun 22345170
31 Mar 22283160
31 Dec 21263150
30 Sep 21278150
30 Jun 21289150
31 Mar 212911150
31 Dec 202610140
30 Sep 20234150
30 Jun 20234150
31 Mar 20243150
31 Dec 19264160
30 Sep 19274150
30 Jun 19253150
31 Mar 19243160
31 Dec 18244150
30 Sep 18233150
30 Jun 18233150
31 Mar 18211140
31 Dec 17200140
30 Sep 17200130
30 Jun 1724-1120
31 Mar 17230120
31 Dec 16240120
30 Sep 1623-5130
30 Jun 1619-8130
31 Mar 1618-10130
31 Dec 1517-10130
30 Sep 1521-5130
30 Jun 1523-2120
31 Mar 1523-2120
31 Dec 1420-27110
30 Sep 1413-31100
30 Jun 1410-3190
31 Mar 149-3190
31 Dec 139-6100
30 Sep 1311-2100
30 Jun 1311-3120

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 (-2.8%).


Return on Equity

High ROE: HGBL's Return on Equity (20.4%) is considered high.


Return on Assets


Return on Capital Employed


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