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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Fulton Financial Corporation (FULT) Quarterly Financial Ratios

Last 47 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.

Fulton Financial Corporation's quarterly P/E stands at 9.1x, down 31.9% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 7.1% YoY to 9.1x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →10.389.128.798.519.2313.3913.738.1611.0311.127.216.488.86
—-31.9%-36.0%+4.2%-16.4%+20.4%+90.5%+26.0%+24.6%+24.2%-27.0%-24.7%-19.0%
P/S Ratio2.201.881.781.761.781.831.681.771.651.711.301.331.70
—+2.6%+5.6%-0.5%+8.3%+6.7%+29.4%+33.1%-3.3%-22.4%-42.8%-43.6%-42.2%
P/B Ratio1.131.021.001.001.021.111.040.970.950.990.780.750.89
—-8.4%-3.5%+2.8%+7.3%+12.2%+32.6%+28.4%+6.7%-10.5%-27.4%-20.4%-15.1%
P/FCF14.6112.117.429.46—10.22—4.524.32—2.563.0713.37
—+18.5%—+109.5%———+47.1%-67.6%—+102.5%-52.2%—
EV / EBITDA9.789.107.337.977.729.8010.688.2013.6013.0810.2410.1311.57
—-7.1%-31.4%-2.9%-43.2%-25.1%+4.3%-19.0%+17.5%+9.4%+8.2%+26.9%+51.3%
EV / EBIT10.679.518.048.788.6012.3712.489.2015.1014.4511.1811.0212.68
—-23.1%-35.6%-4.6%-43.0%-14.4%+11.6%-16.5%+19.1%+11.3%+7.7%+26.8%+50.9%

Profitability

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

Fulton Financial Corporation's operating margin was 25.5% in Q4 2025, down 1.1 pp QoQ and up 7.6 pp YoY. Gross margin expanded 10.9% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin67.4%70.3%67.4%66.8%65.2%63.4%63.3%60.6%63.8%65.8%67.3%70.2%71.1%
—+10.9%+6.5%+10.2%+2.2%-3.7%-6.0%-13.7%-10.2%-20.2%-23.0%-25.9%-27.4%
Operating Margin25.7%25.5%26.6%26.0%24.6%17.8%16.1%24.3%19.0%20.4%23.0%25.5%24.4%
—+43.0%+64.7%+7.1%+29.4%-12.6%-29.9%-4.8%-21.8%-32.5%-21.9%-26.3%-28.3%
Net Margin20.7%21.0%20.9%21.0%19.9%14.2%12.8%22.3%15.6%16.2%18.7%21.2%20.0%
—+48.1%+63.2%-5.9%+27.6%-12.4%-31.5%+5.3%-21.9%-36.4%-22.9%-24.7%-29.0%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE11.7%2.9%3.0%3.0%2.9%2.1%2.0%3.2%2.2%2.4%2.8%3.0%2.6%
—+33.7%+48.6%-7.3%+28.0%-11.1%-27.6%+7.1%-14.6%-25.5%-3.5%+9.0%+8.0%
ROA1.2%0.3%0.3%0.3%0.3%0.2%0.2%0.3%0.2%0.2%0.3%0.3%0.3%
—+44.5%+58.7%-3.3%+29.1%-8.7%-24.9%+9.4%-11.2%-24.2%-4.6%+6.1%+1.0%
ROIC7.5%1.9%1.9%1.8%1.7%1.3%1.1%1.5%1.1%1.2%1.3%1.4%1.2%
—+47.3%+69.2%+22.4%+58.3%+5.9%-12.4%+8.8%-7.3%-23.5%-26.2%-24.6%-21.0%

Leverage & Debt

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

Fulton Financial Corporation's Debt/EBITDA ratio is 10.3x — elevated, raising questions about debt serviceability. The current ratio has weakened 66.5% YoY to 0.05x, tightening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.370.370.430.530.510.560.640.700.830.900.921.030.93
—-33.3%-32.7%-24.1%-39.2%-38.2%-30.6%-31.7%-10.9%-19.0%+60.2%+151.0%+137.9%
Debt / EBITDA2.4510.3410.5113.1212.8916.3622.0518.8227.3627.8024.4426.1226.84
—-36.8%-52.4%-30.3%-52.9%-41.1%-9.8%-27.9%+1.9%+2.2%+62.2%+141.3%+126.7%
Current Ratio0.050.050.140.150.150.140.160.140.090.150.090.090.10
—-66.5%-6.6%+3.8%+75.9%-5.6%+76.9%+53.5%-11.6%-11.3%+1.7%+9.6%-29.4%
Quick Ratio0.050.050.140.150.150.140.160.140.090.150.090.090.10
—-66.5%-6.6%+3.8%+75.9%-5.6%+76.9%+53.5%-11.6%-11.3%+1.7%+9.6%-29.4%
Interest Coverage0.840.870.870.830.780.540.470.650.570.640.760.941.12
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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FULT — Frequently Asked Questions

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

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

Fulton Financial Corporation's current P/E is 10.4x. The average P/E over the last 4 quarters is 8.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

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

Fulton Financial Corporation's current operating margin is 25.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at FULT 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 Fulton Financial Corporation's business trajectory between earnings reports.

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