Heritage Global profit margin HGBL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2012.
- Net margin, 12 months
- −29.6%
- Operating margin, 12 months
- −37.0%
- Net margin on a year earlier
- −37.0 pts
- Peer median
- 4.7%
Over the twelve months to Jun 30, 2026, Heritage Global kept −29.6% of its revenue as net profit, with an operating margin of −37.0% and a gross margin of 64.8%.
Five years earlier its net margin was 32.7%.
The median for 10 credit services stocks of a similar size is 4.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 7.0% | 11.2% | 60.9% |
| FY2024 | 11.4% | 20.0% | 68.9% |
| FY2023 | 20.6% | 23.7% | 65.8% |
| FY2022 | 33.0% | 23.7% | 55.4% |
| FY2021 | 11.8% | 11.7% | 71.2% |
| FY2020 | 36.9% | 23.1% | 65.2% |
| FY2019 | 14.9% | 11.7% | 70.4% |
| FY2018 | 15.9% | 17.2% | 82.9% |
| FY2017 | −1.2% | 1.8% | 76.6% |
| FY2016 | 0.1% | 0.8% | 52.5% |
| FY2015 | −59.8% | −59.4% | 62.5% |
| FY2014 | n/a | −13.4% | 68.4% |
| FY2013 | −71.9% | −33.0% | 67.4% |
| FY2012 | −12.8% | −17.4% | 49.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −29.6% | −37.0 pts | −37.0% | |
| Q1 FY26 | 6.4% | −3.1 pts | 10.6% | |
| Q4 FY25 | 7.0% | −4.4 pts | 11.2% | |
| Q3 FY25 | 6.2% | −14.4 pts | 12.9% | |
| Q2 FY25 | 7.3% | −13.0 pts | 13.5% | |
| Q1 FY25 | 9.5% | −10.9 pts | 17.0% | |
| Q4 FY24 | 11.4% | −9.2 pts | 20.0% | |
| Q3 FY24 | 20.6% | −9.1 pts | 24.3% | |
| Q2 FY24 | 20.3% | −11.5 pts | 24.4% | |
| Q1 FY24 | 20.4% | −12.2 pts | 23.1% | |
| Q4 FY23 | 20.6% | −12.4 pts | 23.7% | |
| Q3 FY23 | 29.7% | +13.7 pts | 21.8% |
Against its peers
Companies in Financial - Credit Services nearest Heritage Global's size, closest first, today.
| Company | Profit margin |
|---|---|
| HGBLHeritage Global | −29.6% |
| RSSSResearch Solutions | 5.8% |
| ATCHAtlasClear | 9.8% |
| VIPVulcan Infrastructure & Power | 1.0% |
| BCGBinah Capital | 2.2% |
| MACIMelar Acquisition Corp. I/Cayman | n/m |
| OPRXOptimizeRx | 4.7% |
| DHXDHI | 1.0% |
| CPSSConsumer Portfolio Services | 4.8% |
| SNFCASecurity National Financial | 11.1% |
| IMXIInternational Money Express | 3.4% |
| Peer median | 4.7% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Heritage Global
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.