Heritage Financial Corporation (HFWA)

Heritage Financial Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 27, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	1,035	803	833	747	1,076	858
Market Cap Growth	31.28%	-3.55%	11.54%	-30.59%	25.37%	2.14%
Enterprise Value	872.26	825.59	854.83	768.41	1,097	879.17
Last Close Price	25.17	23.65	24.50	21.39	30.64	24.44
PE Ratio	12.84	12.07	19.76	12.22	13.26	8.95
Forward PE	10.07	10.09	13.33	12.20	11.67	15.01
PEG Ratio	-	2.08	2.08	2.08	2.08	2.08
PS Ratio	4.26	3.29	3.96	3.12	4.30	3.18
PB Ratio	0.94	0.87	0.96	0.88	1.35	1.00
P/TBV Ratio	0.94	0.88	0.99	0.88	1.36	1.03
P/FCF Ratio	12.15	9.38	13.65	7.53	11.89	12.90
P/OCF Ratio	10.97	8.47	12.91	6.82	11.39	12.34
EV/Sales Ratio	3.57	3.38	4.06	3.21	4.38	3.26
EV/EBITDA Ratio	-	387.60	264.57	137.12	354.95	-47.20
EV/FCF Ratio	10.18	9.64	14.01	7.75	12.13	13.22
Debt / Equity Ratio	0.02	0.02	0.03	0.03	0.03	0.02
Debt / EBITDA Ratio	10.49	10.49	6.83	3.88	6.95	-1.14
Debt / FCF Ratio	0.26	0.26	0.36	0.22	0.24	0.32
Net Debt / Equity Ratio	0.02	0.02	0.03	0.03	0.03	0.03
Net Debt / EBITDA Ratio	10.49	10.49	6.83	3.88	6.95	-1.14
Net Debt / FCF Ratio	0.26	0.26	0.36	0.22	0.24	0.32
Asset Turnover	0.03	0.03	0.03	0.03	0.03	0.04
Return on Equity (ROE)	7.57%	7.57%	5.04%	7.48%	9.91%	11.71%
Earnings Yield	6.49%	8.29%	5.06%	8.18%	7.54%	11.17%
FCF Yield	8.23%	10.66%	7.33%	13.28%	8.41%	7.75%
Dividend Yield	3.81%	4.06%	3.76%	4.11%	2.71%	3.29%
Payout Ratio	48.98%	48.35%	73.46%	49.91%	36.02%	29.52%
Buyback Yield / Dilution	1.27%	1.27%	1.02%	0.58%	1.42%	0.54%
Total Shareholder Return	5.08%	5.33%	4.78%	4.69%	4.13%	3.84%

Updated Jan 22, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q