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