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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

BOK Financial Corporation (BOKF) Quarterly Financial Ratios

Last 46 quarters of trend data · Financial Services · Banks - Regional

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

BOK Financial Corporation's quarterly P/E stands at 12.5x, up 4.6% year-over-year. EV/EBITDA has compressed 11.0% YoY to 12.0x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →16.3912.5511.1414.0012.5512.009.0217.6916.999.808.908.6810.34
—+4.6%+23.6%-20.9%-26.1%+22.4%+1.4%+103.7%+64.4%+3.2%-7.2%-66.4%-33.0%
P/S Ratio3.062.081.842.072.231.891.581.851.741.621.732.032.74
—+10.4%+16.1%+12.3%+27.6%+16.2%-8.5%-9.1%-36.3%-40.8%-38.5%-53.7%-33.6%
P/B Ratio1.531.171.051.151.221.181.121.151.081.091.101.151.48
—-1.2%-5.9%-0.6%+13.0%+8.7%+1.9%+0.4%-26.9%-17.5%+1.9%-12.6%+10.3%
P/FCF7.192.0317.3081.673.126.733.158.25—1.20—0.57—
—-69.9%+449.5%+889.9%—+458.7%—+1352.8%—-26.4%—+40.2%—
EV / EBITDA17.2312.0011.5912.8212.0813.4912.9224.1523.4316.8114.6911.3712.98
—-11.0%-10.3%-46.9%-48.4%-19.8%-12.0%+112.4%+80.4%+181.6%+194.7%-23.6%+35.4%
EV / EBIT19.9513.9113.3515.0813.9315.5414.5030.1229.5019.2616.9212.8414.63
—-10.5%-7.9%-49.9%-52.8%-19.3%-14.3%+134.6%+101.7%+183.3%+192.9%-35.3%+30.1%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

BOK Financial Corporation's operating margin was 20.9% in Q3 2025, down 0.5 pp QoQ and up 1.2 pp YoY. Gross margin expanded 10.4% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin57.1%63.4%62.7%62.1%57.0%57.5%58.4%55.1%56.3%59.9%65.6%73.8%81.9%
—+10.4%+7.4%+12.8%+1.4%-4.2%-11.0%-25.4%-31.4%-32.3%-31.3%-23.1%-18.4%
Operating Margin19.8%20.9%21.4%19.4%23.1%19.7%22.9%13.4%14.0%20.8%25.4%30.3%34.3%
—+6.1%-6.2%+45.3%+64.8%-5.2%-9.9%-55.9%-59.1%-42.6%-31.9%+39.7%-2.0%
Net Margin15.6%16.7%16.6%15.0%17.9%15.9%17.7%10.5%10.4%16.7%19.6%23.6%26.7%
—+4.8%-6.3%+43.6%+72.7%-4.5%-9.6%-55.6%-61.1%-42.2%-33.0%+37.0%-1.1%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE9.8%2.4%2.4%2.1%2.4%2.6%3.2%1.6%1.7%2.8%3.1%3.4%3.7%
—-8.4%-24.0%+29.9%+47.1%-7.1%+1.7%-52.0%-54.7%-17.9%+12.1%+177.7%+67.9%
ROA1.1%0.3%0.3%0.2%0.3%0.3%0.3%0.2%0.2%0.3%0.3%0.3%0.4%
—-0.0%-15.2%+42.9%+63.2%+1.7%+2.0%-51.9%-54.6%-22.1%+10.8%+170.4%+52.5%
ROIC4.1%1.3%1.3%1.2%1.2%1.1%1.2%0.6%0.6%0.9%1.1%1.3%1.9%
—+16.4%+7.8%+98.9%+107.4%+21.3%+6.3%-56.5%-68.1%-66.3%-47.1%+59.5%+17.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

BOK Financial Corporation's Debt/EBITDA ratio is 20.6x, down from 23.2x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 67.9% YoY to 0.12x, tightening the short-term liquidity position.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.800.700.820.720.801.001.431.581.741.881.921.331.52
—-30.0%-42.7%-54.7%-53.9%-46.9%-25.7%+19.3%+14.3%+754.6%+980.1%+420.7%+227.8%
Debt / EBITDA5.7720.5723.1722.7122.0128.0831.5760.9063.8047.1341.5227.4829.30
—-26.7%-26.6%-62.7%-65.5%-40.4%-24.0%+121.6%+117.7%+960.8%+863.7%+132.9%+109.5%
Current Ratio0.370.120.070.090.370.390.380.380.400.370.350.390.36
—-67.9%-81.4%-77.3%-9.5%+4.9%+7.6%-2.7%+13.5%+16.0%+12.4%+9.0%-4.0%
Quick Ratio0.370.120.070.090.370.390.380.380.400.370.350.390.36
—-67.9%-81.4%-77.3%-9.5%+4.9%+7.6%-2.7%+13.5%+16.0%+12.4%+9.0%-4.0%
Interest Coverage0.470.580.580.510.540.470.560.300.330.530.791.272.18
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 46 years · Updated daily

Full BOKF Stock Analysis

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BOKF — Frequently Asked Questions

Quick answers to the most common questions about buying BOKF stock.

What is BOK Financial Corporation's quarterly P/E ratio trend?

BOK Financial Corporation's current P/E is 16.4x. The average P/E over the last 4 quarters is 12.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do BOK Financial Corporation's margins change by quarter?

BOK Financial Corporation's current operating margin is 19.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at BOKF quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking BOK Financial Corporation's business trajectory between earnings reports.

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