← HERITAGE FINANCIAL CORP /WA/ HFWA
Market Price
$29.74
Market Cap
$1.24B
P/E Ratio
15.17
Revenue (FY 2025)
↑189.9% YoY
$246.14M
3-Yr CAGR: -0.4%
Net Income
↑56.1% YoY
$67.53M
Net Margin: 27.4%
Free Cash Flow
↑40.4% YoY
$85.66M
FCF Yield: 6.93%
EPS (Diluted)
↑58.1% YoY
$1.96
Basic: $1.99
Return on Equity
Efficiency
7.3%
ROA: 1.0%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (HFWA)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | — | — | — | $38.9M | — | $1.30 | — | $54.0M | $47.3M | — |
| FY 2017 | — | — | — | $41.8M | +7.4% | $1.39 | +6.9% | $73.5M | $70.5M | +49.1% |
| FY 2018 | $195.4M | — | $183.0M | $53.1M | +27.0% | $1.49 | +7.2% | $82.4M | $59.2M | -16.0% |
| FY 2019 | $208.7M | +6.8% | $190.5M | $67.6M | +27.3% | $1.83 | +22.8% | $87.6M | $74.6M | +26.0% |
| FY 2020 | $212.3M | +1.7% | $199.0M | $46.6M | -31.1% | $1.29 | -29.5% | $70.3M | $63.3M | -15.1% |
| FY 2021 | $240.4M | +13.2% | $233.4M | $98.0M | +110.5% | $2.73 | +111.6% | $69.5M | $66.5M | +5.0% |
| FY 2022 | $249.0M | +3.6% | $240.9M | $81.9M | -16.5% | $2.31 | -15.4% | $94.5M | $90.4M | +36.0% |
| FY 2023 | $243.8M | -2.1% | $184.5M | $61.8M | -24.6% | $1.75 | -24.2% | $109.5M | $99.1M | +9.6% |
| FY 2024 | $-273.9M | -212.3% | — | $43.3M | -30.0% | $1.24 | -29.1% | $64.5M | $61.0M | -38.5% |
| FY 2025 | $246.1M | +189.9% | $156.3M | $67.5M | +56.1% | $1.96 | +58.1% | $94.8M | $85.7M | +40.4% |
Valuation
Market Price
$29.74
Market Cap
$1.24B
Enterprise Value
N/A
P/E Ratio
15.17
P/B Ratio
1.33
FCF Yield
6.93%
Dividend Yield
3.23%
Shares Outstanding
Profitability & Margins
Gross Margin
63.50%
Operating Margin
31.93%
Net Margin
27.44%
Return on Equity (ROE)
7.33%
Return on Assets (ROA)
0.97%
Asset Turnover
0.04x
Revenue 3-Yr CAGR
-0.38%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
$233.09M
Total Debt
N/A
Book Value / Share
$22.36
Cash Flow Efficiency
Operating Cash Flow
$94.82M
Capital Expenditures (CapEx)
$9.16M
Free Cash Flow
$85.66M
OCF / Revenue
38.52%
FCF / Revenue
34.80%
FCF 3-Yr CAGR
-1.79%
Per Share Metrics
EPS (Diluted)
$1.96
EPS (Basic)
$1.99
Dividends / Share
$0.96
Book Value / Share
$22.36
EPS YoY Growth
58.06%
Balance Sheet (FY 2025)
Total Assets
$6.97B
Total Liabilities
$6.05B
Stockholders' Equity
$921.50M
Current Assets
N/A
Current Liabilities
N/A