Burke & Herbert Financial Services Corp. (BHRB) Financial Ratios
24 years of historical data (2002–2025) · Financial Services · Banks - Regional
EV/EBITDA
↓
10.29
↓-53% vs avg
5yr avg: 22.05
30Y Low9.8·High34.6
P/FCF
↑
10.48
↓-12% vs avg
5yr avg: 11.97
30Y Low8.2·High19.0
P/B Ratio
↓
1.18
↓-15% vs avg
5yr avg: 1.38
30Y Low0.9·High3.5
ROE
↑
14.8%
↓+42% vs avg
5yr avg: 10.4%
30Y Low5%·High18%
Debt/EBITDA
↓
3.71
↓-68% vs avg
5yr avg: 11.50
30Y Low1.0·High19.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BHRB Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Burke & Herbert Financial Services Corp. trades at 8.7x earnings, 46% below its 5-year average of 15.9x, sitting at the 10th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.9x, the stock trades at a discount of 38%. On a free-cash-flow basis, the stock trades at 10.5x P/FCF, 12% below the 5-year average of 12.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.0B | $936M | $933M | $467M | $528M | $440M | $341M | $447M | $393M | $394M | $420M |
| Enterprise Value | $1.5B | $1.4B | $1.3B | $967M | $1.2B | $913M | $563M | $514M | $515M | $435M | $440M |
| P/E Ratio → | 8.66 | 8.04 | 26.65 | 20.83 | 12.00 | 12.17 | 12.89 | 26.37 | 17.73 | 18.94 | 20.43 |
| P/S Ratio | 2.05 | 1.91 | 2.35 | 2.88 | 4.14 | 3.69 | 2.81 | 3.51 | 5.38 | 6.27 | 6.71 |
| P/B Ratio | 1.18 | 1.10 | 1.28 | 1.48 | 1.93 | 1.13 | 0.89 | 1.27 | 2.85 | 3.05 | 3.52 |
| P/FCF | 10.48 | 9.73 | 11.49 | 16.54 | 13.90 | 8.17 | 16.66 | 18.71 | 18.99 | 18.94 | — |
| P/OCF | 9.34 | 8.68 | 10.84 | 10.99 | 8.65 | 8.01 | 14.72 | 17.41 | 16.79 | 16.62 | 10523.67 |
P/E links to full P/E history page with 30-year chart
BHRB EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Burke & Herbert Financial Services Corp.'s enterprise value stands at 10.3x EBITDA, 53% below its 5-year average of 22.1x. The Financial Services sector median is 11.5x, placing the stock at a 11% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.89 | 3.21 | 5.96 | 9.13 | 7.66 | 4.64 | 4.03 | 7.06 | 6.92 | 7.03 |
| EV / EBITDA | 10.29 | 9.80 | 22.25 | 34.61 | 21.03 | 22.57 | 19.78 | 30.71 | 14.13 | 13.05 | 13.47 |
| EV / EBIT | 10.29 | 9.80 | 31.96 | 38.58 | 22.25 | 22.57 | 19.78 | 30.71 | 15.59 | 14.15 | 14.14 |
| EV / FCF | — | 14.76 | 15.70 | 34.21 | 30.64 | 16.94 | 27.46 | 21.48 | 24.91 | 20.92 | — |
BHRB Profitability
Margins and return-on-capital ratios measuring operating efficiency
Burke & Herbert Financial Services Corp. earns an operating margin of 29.5%, above the Financial Services sector average of 20.2%. Operating margins have expanded from 15.4% to 29.5% over the past 3 years, signaling improving operational efficiency. ROE of 14.8% is modest. ROIC of 8.4% represents adequate returns on invested capital versus a sector median of 5.4%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 69.3% | 69.3% | 58.5% | 67.1% | 98.8% | 97.3% | 80.3% | 78.3% | 81.7% | 87.6% | 85.4% |
| Operating Margin | 29.5% | 29.5% | 10.1% | 15.4% | 41.0% | 33.9% | 23.4% | 13.1% | 45.3% | 49.0% | 49.7% |
| Net Profit Margin | 23.9% | 23.9% | 9.0% | 14.0% | 34.5% | 30.4% | 21.8% | 13.3% | 30.3% | 33.1% | 32.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.8% | 14.8% | 6.8% | 7.7% | 13.3% | 9.3% | 7.2% | 4.8% | 16.6% | 16.7% | 17.7% |
| ROA | 1.5% | 1.5% | 0.6% | 0.6% | 1.2% | 1.0% | 0.8% | 0.6% | 1.6% | 1.7% | 1.8% |
| ROIC | 8.4% | 8.4% | 2.9% | 2.1% | 4.1% | 3.4% | 3.2% | 2.5% | 10.3% | 12.7% | 14.9% |
| ROCE | 3.5% | 3.5% | 6.4% | 8.5% | 15.8% | 10.4% | 7.7% | 4.7% | 25.4% | 25.3% | 27.3% |
BHRB Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Burke & Herbert Financial Services Corp. carries a Debt/EBITDA ratio of 3.7x, which is moderately leveraged (13% below the sector average of 4.3x). Net debt stands at $484M ($537M total debt minus $53M cash). Interest coverage of just 1.0x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.63 | 0.63 | 0.65 | 1.73 | 2.51 | 1.41 | 1.17 | 0.42 | 1.08 | 0.52 | 0.40 |
| Debt / EBITDA | 3.71 | 3.71 | 8.32 | 19.48 | 12.40 | 13.60 | 15.82 | 8.97 | 4.08 | 2.00 | 1.46 |
| Net Debt / Equity | — | 0.57 | 0.47 | 1.59 | 2.33 | 1.21 | 0.57 | 0.19 | 0.89 | 0.32 | 0.17 |
| Net Debt / EBITDA | 3.34 | 3.34 | 5.96 | 17.88 | 11.49 | 11.69 | 7.78 | 3.96 | 3.35 | 1.23 | 0.61 |
| Debt / FCF | — | 5.03 | 4.20 | 17.68 | 16.74 | 8.77 | 10.80 | 2.77 | 5.91 | 1.98 | — |
| Interest Coverage | 0.97 | 0.97 | 0.28 | 0.47 | 5.85 | 9.59 | 2.52 | 0.78 | 2.61 | 4.02 | 3.46 |
BHRB Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Burke & Herbert Financial Services Corp.'s current ratio of 3.79x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 0.17x to 3.79x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.79 | 3.79 | 0.07 | 0.17 | 0.44 | 0.53 | 0.46 | 0.31 | 0.03 | 0.03 | 0.03 |
| Quick Ratio | 3.79 | 3.79 | 0.07 | 0.17 | 0.44 | 0.53 | 0.46 | 0.31 | 0.03 | 0.03 | 0.03 |
| Cash Ratio | 0.12 | 0.12 | 0.02 | 0.01 | 0.02 | 0.02 | 0.08 | 0.03 | 0.02 | 0.02 | 0.03 |
| Asset Turnover | — | 0.06 | 0.05 | 0.04 | 0.04 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
BHRB Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Burke & Herbert Financial Services Corp. returns 3.4% to shareholders annually primarily through dividends. The payout ratio of 28.9% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 11.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.4% | — | — | — | — | — | — | — | 2.2% | 2.0% | 1.7% |
| Payout Ratio | 28.9% | 28.9% | 80.2% | 69.4% | 35.8% | 41.1% | 56.2% | 88.3% | 39.9% | 38.8% | 34.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 11.6% | 12.4% | 3.8% | 4.8% | 8.3% | 8.2% | 7.8% | 3.8% | 5.6% | 5.3% | 4.9% |
| FCF Yield | 9.5% | 10.3% | 8.7% | 6.0% | 7.2% | 12.2% | 6.0% | 5.3% | 5.3% | 5.3% | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.4% | — | — | — | — | — | — | — | 2.2% | 2.0% | 1.7% |
| Shares Outstanding | — | $15M | $15M | $7M | $7M | $8M | $8M | $8M | $8M | $8M | $8M |
Peer Comparison
Compare BHRB with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BHRBYou | $1B | 8.7 | 10.3 | 10.5 | 69.3% | 29.5% | 14.8% | 8.4% | 3.7 |
 NBTB | $3B | 14.5 | 11.0 | 11.5 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 FXNC | $273M | 15.4 | 7.0 | 13.0 | 74.0% | 19.6% | 10.0% | 7.7% | 1.9 |
 CZWI | $207M | 14.7 | 15.7 | 19.9 | 54.7% | 7.0% | 7.9% | 2.0% | 5.8 |
 MNSB | $184M | 14.2 | 11.9 | 17.3 | 54.4% | 14.0% | 7.3% | 5.0% | 3.7 |
 NKSH | $231M | 14.6 | 11.7 | 15.3 | 65.1% | 22.5% | 9.3% | 8.4% | 0.1 |
 CARE | $662M | 21.3 | 18.4 | 20.8 | 61.7% | 15.7% | 7.8% | 5.7% | 4.5 |
 FIS | $20B | 52.3 | 6.5 | 7.2 | 36.9% | 16.5% | 2.6% | 6.0% | 1.1 |
 JKHY | $9B | 20.5 | 11.9 | 15.8 | 42.7% | 23.9% | 21.4% | 21.0% | — |
 NTRS | $32B | 19.9 | -3.9 | 5.9 | 56.5% | 16.3% | 13.5% | 6.0% | 5.1 |
 CSGP | $14B | 1978.3 | 78.4 | 339.5 | 75.2% | -2.2% | 0.1% | -0.9% | 6.7 |
| Financial Services Median | — | 13.9 | 11.5 | 11.2 | 64.1% | 20.2% | 9.0% | 5.4% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Compare NowBHRB — Frequently Asked Questions
Quick answers to the most common questions about buying BHRB stock.
What is Burke & Herbert Financial Services Corp.'s P/E ratio?
Burke & Herbert Financial Services Corp.'s current P/E ratio is 8.7x. The historical average is 17.6x. This places it at the 10th percentile of its historical range.
What is Burke & Herbert Financial Services Corp.'s EV/EBITDA?
Burke & Herbert Financial Services Corp.'s current EV/EBITDA is 10.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 20.1x.
What is Burke & Herbert Financial Services Corp.'s ROE?
Burke & Herbert Financial Services Corp.'s return on equity (ROE) is 14.8%. The historical average is 12.0%.
Is BHRB stock overvalued?
Based on historical data, Burke & Herbert Financial Services Corp. is trading at a P/E of 8.7x. This is at the 10th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Burke & Herbert Financial Services Corp.'s dividend yield?
Burke & Herbert Financial Services Corp.'s current dividend yield is 3.36% with a payout ratio of 28.9%.
What are Burke & Herbert Financial Services Corp.'s profit margins?
Burke & Herbert Financial Services Corp. has 69.3% gross margin and 29.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Burke & Herbert Financial Services Corp. have?
Burke & Herbert Financial Services Corp.'s Debt/EBITDA ratio is 3.7x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.