Heritage Global Inc.
HGBLNasdaq
$1.23
↓ -1.6%Jul 17 close · end-of-day
Price
1Y↓ -43.6%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$43.0M
Enterprise Value
$35.6M
P/E
13.7
P/S
0.9
P/B
0.6
EV/EBITDA
6.1
PEG
—
FCF Yield
-1.8%
Dividend Yield
—
Revenue (TTM)
$50.2M
Net Income (TTM)
$3.2M
Free Cash Flow (TTM)
-$783,000.00
Gross Margin
—
Operating Margin
10.6%
Net Margin
6.5%
ROE
4.8%
ROIC
5.3%
Debt / Equity
0.1
Net Cash
$7.5M
Return 1Y
-43.1%
Company profile
Heritage Global, Inc. provides market making, acquisitions, dispositions, valuations, and secured lending services. Heritage Global Inc. acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; accounts receivable portfolios.
- CEO
- Ross M. Dove
- Sector
- Services
- Industry
- Business Services
- Employees
- 60
- Headquarters
- California
- Website
- hginc.com
Management & directors
- Dove Nicholas KirkPresident, Industrial Assets
- Ludwig Thomas VanPresident, NLEX
- Sklar James EdwardEVP, Gen Counsel & Secretary
Roles derived from SEC Form 4 filings.
Earnings
HGBL Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$12.7M↓ -5.5%
Diluted EPS$0.02↓ -33.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $26.2M | $25.8M | $46.9M | $60.5M | $45.4M | $51.0M |
| Gross profit | — | — | — | — | — | — |
| Operating income | $6.1M | $3.0M | $11.1M | $14.3M | $9.1M | $5.7M |
| Net income | $9.7M | $3.1M | $15.5M | $12.5M | $5.2M | $3.6M |
| Diluted EPS | $0.30 | $0.08 | $0.42 | $0.33 | $0.14 | $0.10 |
| Operating cash flow | $9.1M | -$2.6M | $6.5M | $13.0M | $7.7M | $6.1M |
| Free cash flow | $9.1M | -$4.1M | $6.3M | $12.8M | $7.6M | -$2.3M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 23.1% | 11.7% | 23.7% | 23.7% | 20.0% | 11.2% |
| Net margin | 36.9% | 11.8% | 33.0% | 20.6% | 11.4% | 7.0% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.0M | $10.4M | $10.8M | $13.5M | $14.3M | $11.4M | $11.9M | $12.7M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $3.5M | $1.5M | $1.5M | $1.4M | $2.2M | $1.3M | $775,000.00 | $1.0M |
| Net income | $2.5M | $1.1M | -$203,000.00 | $1.1M | $1.6M | $585,000.00 | $301,000.00 | $717,000.00 |
| Diluted EPS | $0.07 | $0.03 | -$0.01 | $0.03 | $0.05 | $0.02 | $0.00 | $0.02 |
| Operating cash flow | $6.1M | $5.5M | -$5.5M | $2.6M | $1.9M | $61,000.00 | $1.6M | -$2.7M |
| Free cash flow | $6.0M | $5.5M | -$5.5M | -$4.8M | $1.7M | -$233,000.00 | $971,000.00 | -$3.2M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 29.5% | 14.2% | 13.8% | 10.4% | 15.6% | 11.5% | 6.5% | 7.9% |
| Net margin | 20.8% | 10.5% | -1.9% | 7.9% | 11.4% | 5.1% | 2.5% | 5.6% |
Company news
May 8, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-21 | Dove Nicholas Kirk· President, Industrial Assets | Buy | 26,000 | $1.22 | $31,590.00 | filing |
| 2026-05-14 | Ludwig Thomas Van· President, NLEX | Tax withholding | 23,919 | $1.22 | $29,181.18 | filing |
| 2026-05-14 | Ludwig Thomas Van· President, NLEX | Option exercise | 31,875 | $0.70 | $22,312.50 | filing |
| 2026-05-01 | Sklar James Edward· EVP, Gen Counsel & Secretary | Sale | 3,734 | $1.33 | $4,966.22 | filing |
| 2026-04-01 | Sklar James Edward· EVP, Gen Counsel & Secretary | Sale | 3,734 | $1.35 | $5,040.90 | filing |
| 2026-03-05 | Sinsley Barbara A | Award | 20,000 | $0.00 | $0.00 | filing |
| 2026-03-05 | Sharpe Kelly S | Award | 20,000 | $0.00 | $0.00 | filing |
| 2026-03-05 | SHIMER SAMUEL L | Award | 20,000 | $0.00 | $0.00 | filing |
| 2026-03-05 | Hexner Michael | Award | 20,000 | $0.00 | $0.00 | filing |
| 2026-03-05 | Burnham William L | Award | 20,000 | $0.00 | $0.00 | filing |
| 2026-03-02 | Sklar James Edward· EVP, Gen Counsel & Secretary | Sale | 3,734 | $1.30 | $4,854.20 | filing |
| 2026-02-02 | Sklar James Edward· EVP, Gen Counsel & Secretary | Sale | 3,734 | $1.37 | $5,115.58 | filing |
| 2026-01-02 | Sklar James Edward· EVP, Gen Counsel & Secretary | Sale | 3,734 | $1.23 | $4,592.82 | filing |
| 2025-12-01 | Sklar James Edward· EVP, Gen Counsel & Secretary | Sale | 3,734 | $1.31 | $4,891.54 | filing |
| 2025-11-03 | Sklar James Edward· EVP, Gen Counsel & Secretary | Sale | 3,734 | $1.43 | $5,339.62 | filing |
| 2025-10-01 | Sklar James Edward· EVP, Gen Counsel & Secretary | Sale | 7,468 | $1.63 | $12,172.84 | filing |
Latest 16 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.