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 28, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	1,127	803	833	747	1,076	859
Market Cap Growth	36.88%	-3.55%	11.54%	-30.58%	25.14%	2.33%
Enterprise Value	892.96	825.59	854.83	768.41	1,097	880.65
Last Close Price	27.34	23.65	24.50	21.39	30.64	24.44
PE Ratio	13.43	12.07	19.76	12.22	13.26	8.95
Forward PE	11.20	10.09	13.33	12.20	11.67	15.01
PEG Ratio	-	2.08	2.08	2.08	2.08	2.08
PS Ratio	4.21	3.29	3.96	3.12	4.30	3.19
PB Ratio	1.00	0.87	0.96	0.88	1.35	1.01
P/TBV Ratio	211.69	0.88	0.99	0.88	1.36	1.03
P/FCF Ratio	13.94	9.38	13.65	7.53	11.89	12.92
P/OCF Ratio	12.49	8.47	12.91	6.82	11.39	12.36
EV/Sales Ratio	3.36	3.38	4.06	3.21	4.38	3.26
EV/EBITDA Ratio	-	387.60	264.57	137.12	354.92	-
EV/FCF Ratio	11.13	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	9.28	10.49	6.83	3.88	6.95	-
Debt / FCF Ratio	0.28	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	9.28	10.49	6.83	3.88	6.95	-1.14
Net Debt / FCF Ratio	0.28	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	6.49%	8.29%	5.06%	8.18%	7.54%	11.17%
FCF Yield	7.17%	10.66%	7.33%	13.28%	8.41%	7.74%
Dividend Yield	3.51%	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	0.95%	5.33%	4.78%	4.69%	4.13%	3.84%

Updated May 8, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q