HERITAGE GLOBAL INC. (HGBL) Return on equity 2016–2025
HERITAGE GLOBAL INC. (HGBL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
5.4%FY2025 · since FY2016: 0.4% → 5.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 5.4% | -2.6 pp |
| FY2024 | 7.9% | -12.5 pp |
| FY2023 | 20.4% | -11.7 pp |
| FY2022 | 32.1% | +22.7 pp |
| FY2021 | 9.4% | -22.9 pp |
| FY2020 | 32.3% | -0.7 pp |
| FY2019 | 32.9% | -16.4 pp |
| FY2018 | 49.4% | +56.5 pp |
| FY2017 | -7.1% | -7.5 pp |
| FY2016 | 0.4% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More HGBL financial trends
HGBL RevenueHGBL Net incomeHGBL Net marginHGBL Gross profitHGBL Gross marginHGBL Operating incomeHGBL Operating marginHGBL Operating cash flowHGBL Free cash flowHGBL Capital expendituresHGBL Stock buybacksHGBL Dividends paidHGBL Total assetsHGBL Total liabilitiesHGBL Shareholders’ equityHGBL overview →