Friday 6 November 2026 Export HGBL’s income statement to Excel — free account

Heritage Global Inc.

HGBL Financial Capital Markets

Heritage Global Inc.’s revenue for fiscal 2025 (year ended December 2025) was $51.0 million, up 12.4% from fiscal 2024.

Revenue: +28.4%
EPS: +50.0%
Free cash flow: +1,218.9%
Total debt: +48.8%

Quarter to September 2026, against a year earlier

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1.26 0.00 0.00%

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Market cap: $43.7M
P/E: 0.0×
Fwd P/E: −3.4×
Dividend yield: —
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26 From the 10-Q filed 5 Nov
Piotroski F-Score Full definition →	+8 more TTM periods Free account	5	5	5	—
ROE Full definition →		5.43%	4.87%	(24.29%)	(23.13%)
ROA Full definition →		4.23%	3.77%	(18.08%)	(16.90%)
ROIC Full definition →		7.06%	5.51%	(26.01%)	(25.91%)
Return on Tangible Assets Full definition →		12.39%	13.74%	(66.14%)	(68.92%)
Average Days of Receivables Full definition →		13.30	12.53	19.00	19.90
Free Cash Flow per Share Full definition →		(0.07)	(0.02)	(0.03)	0.05
Free Cash Flow Full definition →		(2.33)	(0.78)	(1.09)	1.75
Capital Expenditures Full definition →		(8.47)	(1.62)	(1.67)	(2.15)
Other line items
Cash ROIC Full definition →		(2.55%)	(0.94%)	(1.58%)	2.33%
Accounts Receivable Turnover Full definition →		29.85	29.67	20.61	22.15
Accounts Payable Turnover Full definition →		3.35	3.68	2.80	0.00
Inventory Turnover Full definition →		3.54	3.63	3.06	0.00
Average Days of Payables Full definition →		118.71	99.79	118.34	0.00
Days of Inventory on Hand Full definition →		108.53	103.15	117.67	0.00
Tax Rate Full definition →		(0.39)	(0.40)	(0.20)	(0.24)
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		48.99%	51.86%	63.80%	63.71%
Share Based Compensation of Revenue Full definition →		1.77%	1.65%	1.60%	1.44%
Operating CF/Net income Full definition →		1.71	0.26	(0.04)	(0.28)
Depreciation/Fixed assets Full definition →		0.11	0.10	0.12	0.00
Capex/Depreciation Full definition →		(7.34)	(1.32)	(1.19)	0.00
Revenue per Share Full definition →		1.46	1.45	1.39	1.48
Operating CF per Share Full definition →		0.18	0.02	0.02	0.11
Capex per Share Full definition →		(0.24)	(0.05)	(0.05)	(0.06)
Capex to Sales Full definition →		0.17	0.03	0.03	0.04

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Columns are period end dates · fundamentals updated 5 Nov 2026

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