HBT Financial, Inc. (HBT) Financial Ratios
9 years of historical data (2017–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
8.45
↑+25% vs avg
5yr avg: 6.78
30Y Low2.4·High9.1
P/FCF
↓
12.13
↑+20% vs avg
5yr avg: 10.08
30Y Low4.4·High14.2
P/B Ratio
↑
1.44
+7% vs avg
5yr avg: 1.35
30Y Low1.1·High1.5
ROE
↓
13.3%
-7% vs avg
5yr avg: 14.3%
30Y Low11%·High20%
Debt/EBITDA
↓
0.60
↓-66% vs avg
5yr avg: 1.73
30Y Low0.6·High3.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
HBT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
HBT Financial, Inc. trades at 11.5x earnings, 18% above its 5-year average of 9.8x, sitting at the 100th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.2x, the stock trades at a discount of 13%. On a free-cash-flow basis, the stock trades at 12.1x P/FCF, 20% above the 5-year average of 10.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $885M | $813M | $694M | $670M | $566M | $521M | $416M | $382M | — | — |
| Enterprise Value | $926M | $853M | $691M | $676M | $732M | $249M | $226M | $179M | — | — |
| P/E Ratio → | 11.55 | 10.59 | 9.69 | 10.20 | 9.36 | 9.27 | 11.31 | 5.70 | — | — |
| P/S Ratio | 3.02 | 2.77 | 2.43 | 2.54 | 3.03 | 3.17 | 2.65 | 2.19 | — | — |
| P/B Ratio | 1.44 | 1.32 | 1.28 | 1.37 | 1.51 | 1.26 | 1.14 | 1.15 | — | — |
| P/FCF | 12.13 | 11.13 | 8.28 | 10.69 | 7.91 | 12.37 | 14.15 | 4.39 | — | — |
| P/OCF | 10.63 | 9.76 | 7.77 | 10.18 | 7.80 | 12.08 | 13.31 | 4.28 | — | — |
P/E links to full P/E history page with 30-year chart
HBT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
HBT Financial, Inc.'s enterprise value stands at 8.5x EBITDA, 25% above its 5-year average of 6.8x. The Financial Services sector median is 11.3x, placing the stock at a 25% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.91 | 2.42 | 2.56 | 3.92 | 1.52 | 1.44 | 1.03 | — | — |
| EV / EBITDA | 8.45 | 7.79 | 6.70 | 7.16 | 9.14 | 3.09 | 4.21 | 2.35 | — | — |
| EV / EBIT | 8.86 | 8.17 | 7.10 | 7.63 | 9.61 | 3.25 | 4.56 | 2.49 | — | — |
| EV / FCF | — | 11.69 | 8.24 | 10.78 | 10.23 | 5.92 | 7.70 | 2.06 | — | — |
HBT Profitability
Margins and return-on-capital ratios measuring operating efficiency
HBT Financial, Inc. earns an operating margin of 35.6%, above the Financial Services sector average of 21.8%. Operating margins have expanded from 33.6% to 35.6% over the past 3 years, signaling improving operational efficiency. ROE of 13.3% is modest. ROIC of 11.5% represents solid returns on invested capital versus a sector median of 5.7%.
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 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.0% | 80.0% | 76.9% | 82.7% | 96.5% | 101.4% | 89.2% | 92.3% | 91.8% | 93.8% |
| Operating Margin | 35.6% | 35.6% | 34.1% | 33.6% | 40.8% | 46.6% | 31.6% | 41.5% | 39.0% | 36.1% |
| Net Profit Margin | 26.3% | 26.3% | 25.2% | 25.0% | 30.2% | 34.3% | 23.5% | 38.5% | 38.4% | 35.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.3% | 13.3% | 13.9% | 15.3% | 14.4% | 14.5% | 10.6% | 19.9% | 19.2% | 17.3% |
| ROA | 1.5% | 1.5% | 1.4% | 1.4% | 1.3% | 1.4% | 1.1% | 2.1% | 1.9% | 1.7% |
| ROIC | 11.5% | 11.5% | 11.1% | 10.3% | 9.5% | 11.1% | 8.2% | 12.9% | 11.4% | 10.0% |
| ROCE | 7.7% | 7.7% | 14.8% | 13.8% | 13.0% | 15.2% | 10.8% | 17.4% | 15.6% | 13.6% |
HBT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
HBT Financial, Inc. carries a Debt/EBITDA ratio of 0.6x, which is very conservative (86% below the sector average of 4.2x). Net debt stands at $41M ($65M total debt minus $24M cash). Interest coverage of just 1.8x 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 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.11 | 0.11 | 0.25 | 0.30 | 0.75 | 0.34 | 0.34 | 0.25 | 0.25 | 0.32 |
| Debt / EBITDA | 0.60 | 0.60 | 1.30 | 1.56 | 3.50 | 1.71 | 2.28 | 1.08 | 1.21 | 1.68 |
| Net Debt / Equity | — | 0.07 | -0.01 | 0.01 | 0.44 | -0.66 | -0.52 | -0.61 | -0.30 | -0.19 |
| Net Debt / EBITDA | 0.37 | 0.37 | -0.03 | 0.06 | 2.07 | -3.36 | -3.53 | -2.65 | -1.49 | -1.00 |
| Debt / FCF | — | 0.56 | -0.04 | 0.09 | 2.32 | -6.45 | -6.46 | -2.33 | -1.32 | -0.89 |
| Interest Coverage | 1.84 | 1.84 | 1.55 | 2.34 | 10.61 | 13.15 | 7.67 | 7.26 | 8.09 | 8.64 |
HBT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.28x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.21x to 0.28x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.28 | 0.28 | 0.05 | 0.21 | 0.27 | 0.36 | 0.39 | 0.32 | 0.31 | 0.33 |
| Quick Ratio | 0.28 | 0.28 | 0.05 | 0.21 | 0.27 | 0.36 | 0.39 | 0.32 | 0.31 | 0.33 |
| Cash Ratio | 0.01 | 0.01 | 0.03 | 0.03 | 0.03 | 0.11 | 0.10 | 0.10 | 0.07 | 0.06 |
| Asset Turnover | — | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — |
HBT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
HBT Financial, Inc. returns 3.5% to shareholders annually — split between a 3.0% dividend yield and 0.5% buyback yield. The payout ratio of 34.6% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 8.7% (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 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.0% | 3.3% | 3.5% | 3.3% | 3.3% | 3.2% | 4.0% | 59.0% | — | — |
| Payout Ratio | 34.6% | 34.6% | 33.7% | 33.2% | 32.9% | 29.8% | 44.8% | 336.4% | 66.8% | 101.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.7% | 9.4% | 10.3% | 9.8% | 10.7% | 10.8% | 8.8% | 17.5% | — | — |
| FCF Yield | 8.2% | 9.0% | 12.1% | 9.4% | 12.6% | 8.1% | 7.1% | 22.8% | — | — |
| Buyback Yield | 0.5% | 0.6% | 0.6% | 1.3% | 0.8% | 0.9% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 3.5% | 3.8% | 4.1% | 4.6% | 4.1% | 4.2% | 4.0% | 59.0% | — | — |
| Shares Outstanding | — | $31M | $32M | $32M | $29M | $28M | $27M | $20M | $26M | $26M |
Peer Comparison
Compare HBT 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 |
|---|---|---|---|---|---|---|---|---|---|
 HBTYou | $885M | 11.5 | 8.5 | 12.1 | 80.0% | 35.6% | 13.3% | 11.5% | 0.6 |
 MBWM | $898M | 9.5 | 11.7 | 80.2 | 64.0% | 27.5% | 13.6% | 5.5% | 7.8 |
 CZWI | $198M | 14.1 | 14.7 | 19.0 | 54.7% | 7.0% | 7.9% | 2.0% | 5.8 |
 MOFG | $1B | -13.9 | — | 16.7 | 29.4% | -40.8% | -11.1% | -9.4% | — |
 BFST | $911M | 10.0 | 8.8 | 9.9 | 60.9% | 22.2% | 10.4% | 6.2% | 4.6 |
 CHMG | $327M | 21.7 | 15.5 | 161.5 | 64.2% | 14.2% | 6.4% | 5.0% | 0.2 |
 MVBF | $327M | 12.4 | 4.4 | 154.8 | 71.7% | 13.6% | 8.4% | 7.0% | 2.1 |
 FFIN | $5B | 20.6 | 14.0 | 15.6 | 70.8% | 36.8% | 14.4% | 11.0% | 0.7 |
 FULT | $4B | 10.3 | 9.7 | 14.5 | 67.4% | 25.7% | 11.7% | 7.5% | 2.5 |
 IBCP | $692M | 10.3 | 9.3 | 9.9 | 69.6% | 25.8% | 14.3% | 10.2% | 1.4 |
 BANF | $4B | 17.2 | 0.7 | 16.4 | 68.5% | 30.3% | 14.2% | 12.8% | 0.3 |
| Financial Services Median | — | 13.2 | 11.3 | 10.9 | 63.9% | 21.8% | 9.3% | 5.7% | 4.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
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Start ComparisonHBT — Frequently Asked Questions
Quick answers to the most common questions about buying HBT stock.
What is HBT Financial, Inc.'s P/E ratio?
HBT Financial, Inc.'s current P/E ratio is 11.5x. The historical average is 9.4x. This places it at the 100th percentile of its historical range.
What is HBT Financial, Inc.'s EV/EBITDA?
HBT Financial, Inc.'s current EV/EBITDA is 8.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.8x.
What is HBT Financial, Inc.'s ROE?
HBT Financial, Inc.'s return on equity (ROE) is 13.3%. The historical average is 15.4%.
Is HBT stock overvalued?
Based on historical data, HBT Financial, Inc. is trading at a P/E of 11.5x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is HBT Financial, Inc.'s dividend yield?
HBT Financial, Inc.'s current dividend yield is 3.00% with a payout ratio of 34.6%.
What are HBT Financial, Inc.'s profit margins?
HBT Financial, Inc. has 80.0% gross margin and 35.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does HBT Financial, Inc. have?
HBT Financial, Inc.'s Debt/EBITDA ratio is 0.6x, indicating low leverage. A ratio below 2x is generally considered financially healthy.