HarborOne Bancorp, Inc. (HONE) Financial Ratios
11 years of historical data (2014–2024) · Financial Services · Banks - Regional
EV/EBITDA
↑
20.84
↑+30% vs avg
5yr avg: 16.10
30Y Low7.7·High70.9
P/FCF
↑
200.70
↑+278% vs avg
5yr avg: 53.13
30Y Low3.5·High188.6
P/B Ratio
↑
0.87
-9% vs avg
5yr avg: 0.96
30Y Low0.8·High1.9
ROE
↓
4.7%
-20% vs avg
5yr avg: 5.9%
30Y Low1%·High9%
Debt/EBITDA
↑
13.33
↑+55% vs avg
5yr avg: 8.58
30Y Low1.0·High49.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
HONE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
HarborOne Bancorp, Inc. trades at 18.3x earnings, roughly in line with its 5-year average of 18.2x, sitting at the 44th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 35%. On a free-cash-flow basis, the stock trades at 200.7x P/FCF, 278% above the 5-year average of 53.1x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $522M | $491M | $520M | $655M | $765M | $590M | $612M | $502M | $598M | $621M | — |
| Enterprise Value | $808M | $776M | $861M | $992M | $660M | $567M | $789M | $950M | $808M | $846M | — |
| P/E Ratio → | 18.33 | 17.92 | 32.38 | 14.33 | 13.02 | 13.24 | 33.30 | 44.25 | 59.28 | 107.70 | — |
| P/S Ratio | 1.66 | 1.56 | 1.84 | 2.90 | 3.23 | 2.14 | 2.95 | 3.17 | 4.38 | 4.76 | — |
| P/B Ratio | 0.87 | 0.85 | 0.89 | 1.06 | 1.13 | 0.85 | 0.92 | 1.40 | 1.74 | 1.89 | — |
| P/FCF | 200.70 | 188.55 | 10.61 | 9.83 | 3.51 | — | — | 9.02 | 14.70 | — | — |
| P/OCF | 135.99 | 127.76 | 9.72 | 9.51 | 3.41 | — | — | 8.20 | 13.64 | — | — |
P/E links to full P/E history page with 30-year chart
HONE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
HarborOne Bancorp, Inc.'s enterprise value stands at 20.8x EBITDA, 30% above its 5-year average of 16.1x. The Financial Services sector median is 11.4x, placing the stock at a 83% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.47 | 3.04 | 4.40 | 2.78 | 2.06 | 3.79 | 6.00 | 5.91 | 6.48 | — |
| EV / EBITDA | 20.84 | 20.03 | 28.98 | 14.91 | 7.67 | 8.91 | 26.82 | 52.33 | 40.22 | 70.88 | — |
| EV / EBIT | 23.58 | 22.66 | 34.28 | 16.07 | 8.20 | 9.78 | 34.79 | 66.86 | 47.37 | 91.68 | — |
| EV / FCF | — | 298.27 | 17.57 | 14.89 | 3.03 | — | — | 17.08 | 19.85 | — | — |
HONE Profitability
Margins and return-on-capital ratios measuring operating efficiency
HarborOne Bancorp, Inc. earns an operating margin of 10.9%, below the Financial Services sector average of 20.3%. Operating margins have compressed from 27.4% to 10.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 4.7% is modest, trailing the sector median of 9.0%. ROIC of 2.3% represents below-average returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.9% | 50.9% | 56.7% | 87.3% | 97.8% | 77.0% | 75.7% | 80.7% | 86.6% | 86.3% | 83.7% |
| Operating Margin | 10.9% | 10.9% | 8.9% | 27.4% | 33.9% | 21.1% | 10.9% | 9.0% | 12.5% | 7.1% | 8.6% |
| Net Profit Margin | 8.7% | 8.7% | 5.7% | 20.2% | 24.7% | 16.3% | 8.8% | 7.2% | 7.6% | 4.5% | 6.0% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.7% | 4.7% | 2.7% | 7.0% | 8.5% | 6.6% | 3.6% | 3.3% | 3.1% | 2.3% | 3.1% |
| ROA | 0.5% | 0.5% | 0.3% | 0.9% | 1.3% | 1.0% | 0.5% | 0.4% | 0.4% | 0.3% | 0.3% |
| ROIC | 2.3% | 2.3% | 1.7% | 5.1% | 7.3% | 4.5% | 1.7% | 1.4% | 2.1% | 1.3% | 1.3% |
| ROCE | 3.5% | 3.5% | 2.9% | 7.5% | 8.9% | 6.2% | 2.8% | 2.2% | 2.9% | 1.8% | 1.8% |
HONE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
HarborOne Bancorp, Inc. carries a Debt/EBITDA ratio of 13.3x, which is highly leveraged (213% above the sector average of 4.3x). Net debt stands at $285M ($517M total debt minus $231M cash). Interest coverage of just 0.2x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.90 | 0.90 | 0.97 | 0.70 | 0.13 | 0.26 | 0.58 | 1.55 | 0.85 | 0.84 | 1.31 |
| Debt / EBITDA | 13.33 | 13.33 | 19.12 | 6.54 | 1.04 | 2.88 | 13.19 | 30.50 | 14.46 | 23.05 | 22.33 |
| Net Debt / Equity | — | 0.50 | 0.58 | 0.55 | -0.15 | -0.03 | 0.26 | 1.25 | 0.61 | 0.68 | 1.10 |
| Net Debt / EBITDA | 7.37 | 7.37 | 11.48 | 5.06 | -1.22 | -0.36 | 6.00 | 24.69 | 10.43 | 18.84 | 18.69 |
| Debt / FCF | — | 109.72 | 6.96 | 5.06 | -0.48 | — | — | 8.06 | 5.15 | — | 7.50 |
| Interest Coverage | 0.24 | 0.24 | 0.21 | 2.69 | 6.42 | 2.04 | 0.50 | 0.53 | 1.07 | 0.67 | 0.57 |
HONE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.11x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.11 | 0.11 | 0.11 | 0.09 | 0.16 | 0.14 | 0.15 | 0.11 | 0.13 | 0.10 | 0.10 |
| Quick Ratio | 0.11 | 0.11 | 0.11 | 0.09 | 0.16 | 0.14 | 0.15 | 0.11 | 0.13 | 0.10 | 0.10 |
| Cash Ratio | 0.05 | 0.05 | 0.05 | 0.02 | 0.05 | 0.06 | 0.07 | 0.04 | 0.04 | 0.03 | 0.02 |
| Asset Turnover | — | 0.05 | 0.05 | 0.04 | 0.05 | 0.06 | 0.05 | 0.04 | 0.05 | 0.05 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
HONE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
HarborOne Bancorp, Inc. returns 6.7% to shareholders annually — split between a 2.6% dividend yield and 4.1% buyback yield. A payout ratio of 47.8% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 5.5% (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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.6% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 47.8% | 47.8% | 79.8% | 26.7% | 15.7% | 7.3% | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.5% | 5.6% | 3.1% | 7.0% | 7.7% | 7.6% | 3.0% | 2.3% | 1.7% | 0.9% | — |
| FCF Yield | 0.5% | 0.5% | 9.4% | 10.2% | 28.5% | — | — | 11.1% | 6.8% | — | — |
| Buyback Yield | 4.1% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 6.7% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $41M | $43M | $47M | $52M | $54M | $56M | $57M | $56M | $58M | $58M |
Peer Comparison
Compare HONE 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 |
|---|---|---|---|---|---|---|---|---|---|
 HONEYou | $522M | 18.3 | 20.8 | 200.7 | 50.9% | 10.9% | 4.7% | 2.3% | 13.3 |
 NBTB | $2B | 14.0 | 10.7 | 11.1 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 EGBN | $842M | -6.6 | — | 40.5 | 3.2% | -26.9% | -10.8% | -8.2% | — |
 INDB | $4B | 18.2 | 15.3 | 16.7 | 67.9% | 22.9% | 6.3% | 4.9% | 2.9 |
 EFSC | $2B | 11.7 | 8.8 | 12.5 | 68.4% | 31.1% | 10.4% | 8.8% | 1.7 |
 OCFC | $1B | 15.4 | 27.2 | 13.0 | 54.5% | 14.1% | 4.2% | 2.2% | 17.5 |
 NFBK | $602M | 727.8 | 63.2 | 11.5 | 35.3% | 9.3% | 0.1% | 0.8% | 39.6 |
 DCOM | $2B | 16.5 | -1.7 | 9.4 | 56.1% | 21.5% | 7.7% | 5.6% | 2.4 |
 NECB | $356M | 7.9 | 5.5 | 7.0 | 66.1% | 39.6% | 13.3% | 12.5% | 1.2 |
 CTBI | $1B | 12.6 | 11.9 | 12.7 | 66.7% | 31.0% | 12.2% | 8.2% | 3.0 |
 FIS | $20B | 50.9 | 6.4 | 7.0 | 36.9% | 16.5% | 2.6% | 6.0% | 1.1 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 11 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
HONE — Frequently Asked Questions
Quick answers to the most common questions about buying HONE stock.
What is HarborOne Bancorp, Inc.'s P/E ratio?
HarborOne Bancorp, Inc.'s current P/E ratio is 18.3x. The historical average is 37.3x. This places it at the 44th percentile of its historical range.
What is HarborOne Bancorp, Inc.'s EV/EBITDA?
HarborOne Bancorp, Inc.'s current EV/EBITDA is 20.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 30.1x.
What is HarborOne Bancorp, Inc.'s ROE?
HarborOne Bancorp, Inc.'s return on equity (ROE) is 4.7%. The historical average is 4.2%.
Is HONE stock overvalued?
Based on historical data, HarborOne Bancorp, Inc. is trading at a P/E of 18.3x. This is at the 44th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is HarborOne Bancorp, Inc.'s dividend yield?
HarborOne Bancorp, Inc.'s current dividend yield is 2.61% with a payout ratio of 47.8%.
What are HarborOne Bancorp, Inc.'s profit margins?
HarborOne Bancorp, Inc. has 50.9% gross margin and 10.9% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does HarborOne Bancorp, Inc. have?
HarborOne Bancorp, Inc.'s Debt/EBITDA ratio is 13.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.