Companies: 10,795·Total market cap: $144.5T
Heritage Financial Corporation

Heritage Financial Corporation

HFWANASDAQFinancial Services● Active
$27.91
+$0.13(+0.47%)
Market Cap$948866122
P/E Ratio
52W High$28.98
52W Low$21.32

Heritage Financial Corporation (HFWA) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

hfwa · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Heritage Financial Corporation (HFWA) measures how much investors pay for each dollar of the company's trailing earnings. HFWA's current PE ratio of 14.89x is calculated by dividing its stock price of $27.91 by its TTM earnings per share of $1.88. +13.2% elevated vs 5Y avg 13.2x

14.89x
P/E Ratio (TTM)+13.2%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
13.57x
FY2026 est. EPS $2.06
Based on 5 analysts
EPS (TTM)
$1.88
TTM · diluted EPS
PEG Ratio
0.40
Below 1.0 · Growth adjusted
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Heritage Financial Corporation SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 13.2x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
25.4x
20-yr mean
Median
16.1x
20-yr midpoint
Minimum
8.9x
Lowest year
Maximum
185.8x
Highest year
14.9x ← Now
8.9x
Min
Q1 · 25%16.1x
Median
Q3 · 75%185.8x
Max
Within Historical Range

At 14.89x, HFWA's current P/E is within its average historical range over the past 20 fiscal years.

35th percentileHigher than 7 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Banks - Regional · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Heritage Financial Corporation
Heritage Financial CorporationYou
HFWA
$949M14.89x+38.8%$1.88
Business First Bancshares, Inc.
Business First Bancshares, Inc.
BFST
$931M8.79x-18.0%$2.97
CNB Financial Corporation
CNB Financial Corporation
CCNE
$929M9.76x-9.0%$2.68
Capitol Federal Financial, Inc.
Capitol Federal Financial, Inc.
CFFN
$1.0B12.14x+13.2%$0.52
Central Pacific Financial Corp.
Central Pacific Financial Corp.
CPF
$921M10.73x+0.1%$2.90
Five Star Bancorp
Five Star Bancorp
FSBC
$928M12.33x+14.9%$2.90
Hanmi Financial Corporation
Hanmi Financial Corporation
HAFC
$909M10.60x-1.1%$2.55
Industry Average
6 peers with valid PE
10.73xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
11.89x$1.99-39.1%
2024-12-31
FY2024
19.52x$1.26+58.8%
2023-12-31
FY2023
12.29x$1.74-6.4%
2022-12-31
FY2022
13.14x$2.33+47.7%
2021-12-31
FY2021
8.89x$2.75-50.8%
2020-12-31
FY2020
18.09x$1.29+17.5%
2019-12-31
FY2019
15.40x$1.84-21.9%
2018-12-31
FY2018
19.71x$1.51-10.1%
2017-12-31
FY2017
21.93x$1.40+11.7%
2016-12-31
FY2016
19.64x$1.31+31.2%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Heritage Financial Corporation (HFWA) measures how much investors pay for each dollar of the company's trailing earnings. HFWA's current PE ratio of 14.89x is calculated by dividing its stock price of $27.91 by its TTM earnings per share of $1.88.

PE Ratio = Stock Price ÷ EPS (TTM)
= $27.91 ÷ $1.88 = 14.89x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

HFWA pe ratio · 6 questions

HFWA's current PE ratio is 14.89x as of 2026-06-08, based on a stock price of $27.91 and TTM EPS of $1.88. Data sourced from Financial Modeling Prep via HFWA's SEC 10-K and 10-Q filings.

HFWA PE ratioWhat is HFWA PE ratioCurrent PE ratio of HFWAHFWA PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Heritage Financial Corporation SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08