Heritage Global annual return on equity
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Heritage Global Return on Equity (ROE) Growth & History (HGBL)
Heritage Global's return on equity was 5.43% for fiscal 2025.
View full Heritage Global company overviewHeritage Global annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 5.43% | −2.78 pp |
| 2024 | 2024-12-31 | 8.21% | −14.60 pp |
| 2023 | 2023-12-31 | 22.81% | −15.47 pp |
| 2022 | 2022-12-31 | 38.28% | +28.53 pp |
| 2021 | 2021-12-31 | 9.76% | −36.46 pp |
| 2020 | 2020-12-31 | 46.22% | +6.12 pp |
| 2019 | 2019-12-31 | 40.10% | −27.56 pp |
| 2018 | 2018-12-31 | 67.66% | +74.79 pp |
| 2017 | 2017-12-31 | −7.13% | −7.54 pp |
| 2016 | 2016-12-31 | 0.41% | +123.94 pp |
| 2015 | 2015-12-31 | −123.54% | −23.44 pp |
| 2014 | 2014-12-31 | −100.10% | −85.14 pp |
| 2013 | 2013-12-31 | −14.96% | −10.88 pp |
| 2012 | 2012-12-31 | −4.08% | −121.33 pp |
| 2011 | 2011-12-31 | 117.25% | — |
Heritage Global quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −26.55% | −29.05 pp |
| Q1 2026 | 2026-03-31 | 1.06% | −0.56 pp |
| Q4 2025 | 2025-12-31 | 0.45% | +0.76 pp |
| Q3 2025 | 2025-09-30 | 0.89% | −0.77 pp |
| Q2 2025 | 2025-06-30 | 2.50% | −1.38 pp |
| Q1 2025 | 2025-03-31 | 1.63% | −1.27 pp |
| Q4 2024 | 2024-12-31 | −0.31% | −8.63 pp |
| Q3 2024 | 2024-09-30 | 1.65% | −1.92 pp |
| Q2 2024 | 2024-06-30 | 3.88% | −1.39 pp |
| Q1 2024 | 2024-03-31 | 2.90% | −2.79 pp |
| Q4 2023 | 2023-12-31 | 8.32% | −14.71 pp |
| Q3 2023 | 2023-09-30 | 3.57% | −2.62 pp |
| Q2 2023 | 2023-06-30 | 5.27% | −2.17 pp |
| Q1 2023 | 2023-03-31 | 5.68% | +3.73 pp |
| Q4 2022 | 2022-12-31 | 23.03% | +20.04 pp |
| Q3 2022 | 2022-09-30 | 6.20% | +4.68 pp |
| Q2 2022 | 2022-06-30 | 7.44% | +5.54 pp |
| Q1 2022 | 2022-03-31 | 1.95% | −1.44 pp |
| Q4 2021 | 2021-12-31 | 2.99% | −28.92 pp |
| Q3 2021 | 2021-09-30 | 1.52% | −6.89 pp |
| Q2 2021 | 2021-06-30 | 1.90% | −6.02 pp |
| Q1 2021 | 2021-03-31 | 3.39% | +3.07 pp |
| Q4 2020 | 2020-12-31 | 31.91% | +26.89 pp |
| Q3 2020 | 2020-09-30 | 8.41% | −3.18 pp |
| Q2 2020 | 2020-06-30 | 7.92% | −8.56 pp |
| Q1 2020 | 2020-03-31 | 0.32% | −7.39 pp |
| Q4 2019 | 2019-12-31 | 5.02% | −0.52 pp |
| Q3 2019 | 2019-09-30 | 11.59% | +6.24 pp |
| Q2 2019 | 2019-06-30 | 16.48% | −12.77 pp |
| Q1 2019 | 2019-03-31 | 7.71% | −23.26 pp |
| Q4 2018 | 2018-12-31 | 5.54% | +16.17 pp |
| Q3 2018 | 2018-09-30 | 5.34% | +3.13 pp |
| Q2 2018 | 2018-06-30 | 29.24% | +34.55 pp |
| Q1 2018 | 2018-03-31 | 30.96% | +23.99 pp |
| Q4 2017 | 2017-12-31 | −10.63% | −2.39 pp |
| Q3 2017 | 2017-09-30 | 2.22% | +11.60 pp |
| Q2 2017 | 2017-06-30 | −5.31% | −21.69 pp |
| Q1 2017 | 2017-03-31 | 6.97% | +5.23 pp |
| Q4 2016 | 2016-12-31 | −8.23% | +81.66 pp |
| Q3 2016 | 2016-09-30 | −9.39% | +24.77 pp |
| Q2 2016 | 2016-06-30 | 16.38% | +21.83 pp |
| Q1 2016 | 2016-03-31 | 1.74% | +6.18 pp |
| Q4 2015 | 2015-12-31 | −89.89% | −88.62 pp |
| Q3 2015 | 2015-09-30 | −34.16% | −32.77 pp |
| Q2 2015 | 2015-06-30 | −5.45% | −1.23 pp |
| Q1 2015 | 2015-03-31 | −4.44% | +91.08 pp |
| Q4 2014 | 2014-12-31 | −1.27% | +10.08 pp |
| Q3 2014 | 2014-09-30 | −1.39% | −0.80 pp |
| Q2 2014 | 2014-06-30 | −4.22% | −2.58 pp |
| Q1 2014 | 2014-03-31 | −95.52% | −94.11 pp |
| Q4 2013 | 2013-12-31 | −11.35% | −9.66 pp |
| Q3 2013 | 2013-09-30 | −0.58% | +1.57 pp |
| Q2 2013 | 2013-06-30 | −1.64% | −0.74 pp |
| Q1 2013 | 2013-03-31 | −1.41% | −2.29 pp |
| Q4 2012 | 2012-12-31 | −1.69% | −89.30 pp |
| Q3 2012 | 2012-09-30 | −2.15% | −7.46 pp |
| Q2 2012 | 2012-06-30 | −0.91% | −29.05 pp |
| Q1 2012 | 2012-03-31 | 0.87% | — |
| Q4 2011 | 2011-12-31 | 87.61% | — |
| Q3 2011 | 2011-09-30 | 5.31% | — |
| Q2 2011 | 2011-06-30 | 28.14% | — |
Heritage Global return on equity trends
Over the last five fiscal years, Heritage Global's return on equity decreased from 46.22% to 5.43%, a change of −40.79 percentage points. The latest reported quarter, Q2 2026, shows −26.55%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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