Heritage Global Inc. Gross Margin

Gross Margin of HGBL for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.

Highlights and Quick Summary

  • Gross Margin for the quarter ending September 30, 2023 was 62.47% (a -12.54% decrease compared to previous quarter)
  • Year-over-year quarterly Gross Margin decreased by -0.51%
  • Annual Gross Margin for 2022 was 55.43% (a -22.15% decrease from previous year)
  • Annual Gross Margin for 2021 was 71.2% (a 9.19% increase from previous year)
  • Annual Gross Margin for 2020 was 65.21% (a -7.41% decrease from previous year)
  • Twelve month Gross Margin ending September 30, 2023 was 63.79% (a 0.79% increase compared to previous quarter)
  • Twelve month trailing Gross Margin increased by 15.08% year-over-year
Trailing Gross Margin for the last four month:
30 Sep '23 30 Jun '23 31 Mar '23 31 Dec '22
63.79% 63.29% 56.75% 55.43%
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Historical Gross Margin of Heritage Global Inc.

Most recent Gross Marginof HGBL including historical data for past 10 years.

Interactive Chart of Gross Margin of Heritage Global Inc.

Heritage Global Inc. Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2023 62.47% 71.43% 59.82% – –
2022 62.79% 59.99% 40.89% 55.58% 55.43%
2021 69.13% 70.37% 74.21% 71.91% 71.2%
2020 46.62% 65.7% 75.18% 86.12% 65.21%
2019 79.57% 79.45% 54.89% 71.13% 70.43%
2018 78.07% 82.47% 84.95% 85.76% 82.89%
2017 84.2% 83.03% 64.95% 73.14% 76.59%
2016 64.43% 28.63% 73.49% 62.08% 52.51%
2015 58.58% 68.32% 69.27% 57.27% 62.5%
2014 35.5% 44.54% 79.76% 76.57% 48.56%
2013 46.11% 71.3% 88.3% 68.22% 67.42%
2012 36.71% – – – 50.09%

Business Profile of Heritage Global Inc.

Sector: Financial
Industry: Capital Markets
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