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	May 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	1,131	803	833	747	1,076	859
Market Cap Growth	46.85%	-3.55%	11.54%	-30.58%	25.14%	2.33%
Enterprise Value	905.35	825.59	854.83	768.41	1,097	880.65
Last Close Price	27.42	23.65	24.50	21.39	30.64	24.44
PE Ratio	13.47	12.07	19.76	12.22	13.26	8.95
Forward PE	11.23	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	3.19
PB Ratio	1.01	0.87	0.96	0.88	1.35	1.01
P/TBV Ratio	0.88	0.88	0.99	0.88	1.36	1.03
P/FCF Ratio	-	9.38	13.65	7.53	11.89	12.92
P/OCF Ratio	-	8.47	12.91	6.82	11.39	12.36
EV/Sales Ratio	3.41	3.38	4.06	3.21	4.38	3.26
EV/EBITDA Ratio	-	387.60	264.57	137.12	354.92	-47.28
EV/FCF Ratio	-	9.64	14.01	7.75	12.13	13.24
Debt / Equity Ratio	0.02	0.02	0.03	0.03	0.03	0.02
Debt / EBITDA Ratio	-	10.49	6.83	3.88	6.95	-1.14
Debt / FCF Ratio	-	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	6.83	3.88	6.95	-1.14
Net Debt / FCF Ratio	-	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)	7.12%	7.57%	5.04%	7.48%	9.91%	11.71%
Earnings Yield	6.42%	8.29%	5.06%	8.18%	7.54%	11.17%
FCF Yield	-	10.66%	7.33%	13.28%	8.41%	7.74%
Dividend Yield	3.50%	4.06%	3.76%	4.11%	2.71%	3.29%
Payout Ratio	47.15%	48.35%	73.46%	49.91%	36.02%	29.52%
Buyback Yield / Dilution	-2.56%	1.27%	1.02%	0.58%	1.42%	0.54%
Total Shareholder Return	0.94%	5.33%	4.78%	4.69%	4.13%	3.84%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q