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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

Huntington Bancshares Incorporated (HBAN) 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.

Huntington Bancshares Incorporated's quarterly P/E stands at 14.5x, up 20.9% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 104.1% YoY to 17.4x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →11.9714.4610.5312.3211.0411.9611.1410.9813.4121.207.437.707.18
—+20.9%-5.4%+12.2%-17.7%-43.6%+49.9%+42.6%+86.8%+152.6%-12.1%-10.4%-43.0%
P/S Ratio2.112.101.992.051.861.961.761.641.801.701.351.451.62
—+7.2%+12.6%+25.2%+3.3%+15.4%+30.4%+12.7%+11.4%-22.9%-41.5%-40.1%-48.7%
P/B Ratio1.031.121.151.181.091.211.050.991.060.960.820.840.87
—-8.0%+9.5%+19.2%+2.3%+26.1%+27.6%+18.4%+21.3%-17.3%-26.7%-14.3%-24.5%
P/FCF11.569.5810.7812.4112.114.12—19.8311.425.573.916.6139.18
—+132.4%—-37.4%+6.1%-26.1%—+200.2%-70.9%+40.9%-34.9%+38.9%+468.2%
EV / EBITDA16.0117.4111.0312.267.278.538.257.708.2910.974.735.807.25
—+104.1%+33.8%+59.1%-12.3%-22.3%+74.2%+32.8%+14.5%+58.7%-33.4%-28.1%-17.8%
EV / EBIT16.0117.4113.5512.519.6010.199.959.9411.3821.646.207.488.62
—+70.9%+36.2%+25.8%-15.7%-52.9%+60.4%+32.9%+32.1%+169.2%-27.2%-19.0%-18.4%

Profitability

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

Huntington Bancshares Incorporated's operating margin was 19.4% in Q4 2025, down 4.3 pp QoQ and down 2.4 pp YoY. The trailing four-quarter average of 21.5% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 5.0% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin61.7%63.2%62.3%60.6%60.5%60.2%57.4%57.4%57.9%57.9%63.0%64.3%72.3%
—+5.0%+8.5%+5.6%+4.6%+4.0%-8.8%-10.7%-20.0%-27.2%-26.8%-30.5%-24.4%
Operating Margin21.5%19.4%23.7%21.1%21.9%21.8%20.7%19.8%17.9%9.0%24.4%25.7%29.5%
—-10.9%+14.5%+6.7%+22.2%+143.1%-15.0%-23.1%-39.3%-73.4%-31.5%-29.4%-11.8%
Net Margin17.7%16.0%19.5%17.7%17.7%17.3%16.8%16.0%14.7%8.8%19.4%20.6%23.7%
—-7.4%+16.0%+10.8%+20.0%+95.8%-13.3%-22.3%-37.9%-67.8%-31.9%-30.8%-12.7%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE10.0%2.2%2.9%2.6%2.6%2.6%2.6%2.4%2.2%1.3%2.9%3.0%3.3%
—-15.2%+13.1%+6.2%+21.1%+104.6%-12.2%-18.0%-34.3%-65.3%-13.4%+0.4%+35.2%
ROA1.0%0.2%0.3%0.3%0.3%0.3%0.3%0.2%0.2%0.1%0.3%0.3%0.3%
—-9.0%+15.5%+5.6%+16.4%+102.7%-10.6%-17.9%-32.4%-63.7%-12.1%-2.3%+23.5%
ROIC5.1%1.1%1.5%1.2%1.3%1.4%1.3%1.2%1.1%0.6%1.5%1.4%1.6%
—-16.2%+11.7%-1.7%+13.2%+137.4%-15.0%-12.2%-30.6%-72.3%-22.0%-22.1%+1.5%

Leverage & Debt

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

Huntington Bancshares Incorporated's Debt/EBITDA ratio is 29.3x, up from 18.7x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 24.2% YoY to 0.19x, strengthening the short-term liquidity position. Debt/Equity has declined for 4 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.760.760.790.860.920.840.800.850.780.670.730.871.06
—-9.5%-1.5%+1.1%+17.7%+24.9%+9.8%-2.2%-26.7%+1.8%+18.1%+43.3%+174.0%
Debt / EBITDA6.8829.2918.6727.7221.7620.7421.4622.0221.5426.7214.9718.1922.39
—+41.2%-13.0%+25.9%+1.1%-22.4%+43.4%+21.0%-3.8%+110.4%+25.9%+26.0%+112.3%
Current Ratio0.190.1962.990.130.160.150.160.160.160.140.130.120.12
—+24.2%+40101.5%-16.5%+0.5%+13.0%+25.1%+31.8%+34.8%+42.5%+60.2%+54.7%+42.4%
Quick Ratio0.190.1962.990.130.160.150.160.160.160.140.130.120.12
—+24.2%+40101.5%-16.5%+0.5%+13.0%+25.1%+31.8%+34.8%+42.5%+60.2%+54.7%+42.4%
Interest Coverage0.620.590.700.590.610.600.530.500.470.240.730.801.21
—————————————

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Includes 30+ ratios · 47 years · Updated daily

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HBAN — Frequently Asked Questions

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

What is Huntington Bancshares Incorporated's quarterly P/E ratio trend?

Huntington Bancshares Incorporated's current P/E is 12.0x. The average P/E over the last 4 quarters is 12.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Huntington Bancshares Incorporated's margins change by quarter?

Huntington Bancshares Incorporated's current operating margin is 21.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at HBAN 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 Huntington Bancshares Incorporated's business trajectory between earnings reports.

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