Hancock Whitney Corporation (HWC) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
9.98
↑+38% vs avg
5yr avg: 7.23
30Y Low3.6·High19.8
P/FCF
↑
11.03
↑+38% vs avg
5yr avg: 7.99
30Y Low5.2·High23.6
P/B Ratio
↓
1.34
+13% vs avg
5yr avg: 1.19
30Y Low0.8·High3.1
ROE
↓
11.3%
-9% vs avg
5yr avg: 12.4%
30Y Low-1%·High20%
Debt/EBITDA
↓
2.04
↓-21% vs avg
5yr avg: 2.58
30Y Low1.5·High10.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
HWC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Hancock Whitney Corporation trades at 12.5x earnings, 24% above its 5-year average of 10.0x, sitting at the 31st percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a discount of 9%. On a free-cash-flow basis, the stock trades at 11.0x P/FCF, 38% above the 5-year average of 8.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.8B | $5.4B | $4.7B | $4.2B | $4.2B | $4.4B | $2.9B | $3.8B | $3.0B | $4.3B | $3.4B |
| Enterprise Value | $6.5B | $6.1B | $4.2B | $4.5B | $5.6B | $2.2B | $3.3B | $6.3B | $4.3B | $5.8B | $4.7B |
| P/E Ratio → | 12.46 | 11.21 | 10.36 | 10.80 | 8.09 | 9.58 | — | 11.80 | 9.31 | 19.96 | 23.05 |
| P/S Ratio | 2.86 | 2.66 | 2.31 | 2.22 | 2.88 | 3.29 | 2.13 | 2.64 | 2.30 | 3.69 | 3.51 |
| P/B Ratio | 1.34 | 1.20 | 1.15 | 1.10 | 1.26 | 1.21 | 0.86 | 1.10 | 0.96 | 1.49 | 1.27 |
| P/FCF | 11.03 | 10.26 | 7.70 | 8.93 | 5.20 | 7.88 | 9.28 | 12.29 | 7.44 | 10.97 | 10.60 |
| P/OCF | 10.65 | 9.91 | 7.58 | 8.48 | 5.02 | 7.56 | 8.29 | 10.80 | 6.60 | 10.43 | 10.01 |
P/E links to full P/E history page with 30-year chart
HWC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Hancock Whitney Corporation's enterprise value stands at 10.0x EBITDA, 38% above its 5-year average of 7.2x. The Financial Services sector median is 11.4x, placing the stock at a 13% 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.04 | 2.05 | 2.40 | 3.80 | 1.66 | 2.36 | 4.39 | 3.32 | 5.01 | 4.74 |
| EV / EBITDA | 9.98 | 9.37 | 6.81 | 8.44 | 7.90 | 3.63 | — | 14.25 | 9.95 | 16.20 | 19.79 |
| EV / EBIT | 10.47 | 9.82 | 7.31 | 9.24 | 8.45 | 3.93 | — | 16.13 | 11.21 | 18.86 | 24.89 |
| EV / FCF | — | 11.74 | 6.81 | 9.63 | 6.85 | 3.97 | 10.28 | 20.48 | 10.75 | 14.89 | 14.33 |
HWC Profitability
Margins and return-on-capital ratios measuring operating efficiency
Hancock Whitney Corporation earns an operating margin of 31.0%, above the Financial Services sector average of 20.3%. Operating margins have expanded from 25.9% to 31.0% over the past 3 years, signaling improving operational efficiency. ROE of 11.3% is modest. ROIC of 8.6% represents adequate 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 73.1% | 73.1% | 67.6% | 69.2% | 96.0% | 102.1% | 48.0% | 80.7% | 83.3% | 85.6% | 81.3% |
| Operating Margin | 31.0% | 31.0% | 28.0% | 25.9% | 45.0% | 42.2% | -9.0% | 27.2% | 29.6% | 26.6% | 19.1% |
| Net Profit Margin | 24.1% | 24.1% | 22.5% | 20.8% | 35.8% | 34.4% | -3.3% | 22.7% | 25.1% | 18.6% | 15.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.3% | 11.3% | 11.6% | 11.0% | 14.9% | 13.0% | -1.3% | 10.0% | 10.9% | 7.7% | 5.8% |
| ROA | 1.4% | 1.4% | 1.3% | 1.1% | 1.5% | 1.3% | -0.1% | 1.1% | 1.2% | 0.8% | 0.6% |
| ROIC | 8.6% | 8.6% | 8.3% | 6.7% | 8.8% | 7.5% | -1.5% | 5.1% | 5.9% | 5.0% | 3.2% |
| ROCE | 3.2% | 3.2% | 11.9% | 11.0% | 15.3% | 13.1% | -3.0% | 10.4% | 11.1% | 9.2% | 5.9% |
HWC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Hancock Whitney Corporation carries a Debt/EBITDA ratio of 2.0x, which is manageable (52% below the sector average of 4.3x). Net debt stands at $775M ($1.3B total debt minus $563M cash). Interest coverage of just 1.2x 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.30 | 0.30 | 0.23 | 0.40 | 0.67 | 0.55 | 0.63 | 0.89 | 0.59 | 0.70 | 0.61 |
| Debt / EBITDA | 2.04 | 2.04 | 1.57 | 2.83 | 3.16 | 3.31 | — | 6.92 | 4.21 | 5.60 | 7.07 |
| Net Debt / Equity | — | 0.17 | -0.13 | 0.09 | 0.40 | -0.60 | 0.09 | 0.73 | 0.43 | 0.53 | 0.45 |
| Net Debt / EBITDA | 1.18 | 1.18 | -0.89 | 0.61 | 1.90 | -3.58 | — | 5.70 | 3.07 | 4.26 | 5.15 |
| Debt / FCF | — | 1.48 | -0.89 | 0.70 | 1.65 | -3.91 | 1.00 | 8.19 | 3.31 | 3.92 | 3.73 |
| Interest Coverage | 1.23 | 1.23 | 0.94 | 0.94 | 7.57 | 11.59 | -1.08 | 1.70 | 2.13 | 2.85 | 2.56 |
HWC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.13x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.21x to 0.13x 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.13 | 0.13 | 0.23 | 0.21 | 0.21 | 0.36 | 0.28 | 0.20 | 0.13 | 0.15 | 0.15 |
| Quick Ratio | 0.13 | 0.13 | 0.23 | 0.21 | 0.21 | 0.36 | 0.28 | 0.20 | 0.13 | 0.15 | 0.15 |
| Cash Ratio | 0.55 | 0.55 | 0.05 | 0.04 | 0.03 | 0.13 | 0.06 | 0.02 | 0.02 | 0.02 | 0.02 |
| Asset Turnover | — | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
HWC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Hancock Whitney Corporation returns 6.9% to shareholders annually — split between a 2.6% dividend yield and 4.3% buyback yield. The payout ratio of 31.6% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 8.0% (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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.6% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 31.6% | 31.6% | 28.4% | 26.7% | 18.0% | 20.7% | — | 29.0% | 27.4% | 38.6% | 51.3% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.0% | 8.9% | 9.6% | 9.3% | 12.4% | 10.4% | — | 8.5% | 10.7% | 5.0% | 4.3% |
| FCF Yield | 9.1% | 9.7% | 13.0% | 11.2% | 19.2% | 12.7% | 10.8% | 8.1% | 13.4% | 9.1% | 9.4% |
| Buyback Yield | 4.3% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 6.9% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $84M | $87M | $86M | $87M | $89M | $87M | $87M | $86M | $87M | $80M |
Peer Comparison
Compare HWC 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 |
|---|---|---|---|---|---|---|---|---|---|
 HWCYou | $6B | 12.5 | 10.0 | 11.0 | 73.1% | 31.0% | 11.3% | 8.6% | 2.0 |
 HOMB | $5B | 11.5 | 9.3 | 11.4 | 77.3% | 43.8% | 11.5% | 8.7% | 1.5 |
 HOPE | $2B | 28.2 | 17.9 | 10.9 | 48.6% | 8.3% | 2.6% | 2.3% | 4.7 |
 SFNC | $3B | -7.5 | — | 7.6 | 5.8% | -84.2% | -11.4% | -9.1% | — |
 UBSI | $6B | 13.7 | 7.9 | 13.0 | 65.4% | 32.4% | 8.9% | 7.2% | 1.6 |
 FFIN | $5B | 18.7 | 11.5 | 15.5 | 71.8% | 37.5% | 14.4% | 12.4% | 0.1 |
 BOKF | $8B | 14.5 | 13.9 | 14.0 | 63.7% | 21.4% | 10.1% | 5.2% | 5.8 |
 SNV | $7B | 16.5 | 8.8 | 9.1 | 53.8% | 17.7% | 9.3% | 6.6% | 2.8 |
 CBSH | $8B | 13.5 | 13.4 | 13.7 | 80.0% | 34.2% | 15.8% | 8.4% | 3.9 |
 WTFC | $11B | 13.5 | 12.0 | 12.2 | 62.2% | 26.4% | 12.1% | 7.5% | 3.7 |
 IBCP | $704M | 10.5 | 9.5 | 10.0 | 69.6% | 25.8% | 14.3% | 10.2% | 1.4 |
| 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 →
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Includes 30+ ratios · 30 years · Updated daily
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HWC — Frequently Asked Questions
Quick answers to the most common questions about buying HWC stock.
What is Hancock Whitney Corporation's P/E ratio?
Hancock Whitney Corporation's current P/E ratio is 12.5x. The historical average is 16.2x. This places it at the 31th percentile of its historical range.
What is Hancock Whitney Corporation's EV/EBITDA?
Hancock Whitney Corporation's current EV/EBITDA is 10.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
What is Hancock Whitney Corporation's ROE?
Hancock Whitney Corporation's return on equity (ROE) is 11.3%. The historical average is 10.1%.
Is HWC stock overvalued?
Based on historical data, Hancock Whitney Corporation is trading at a P/E of 12.5x. This is at the 31th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Hancock Whitney Corporation's dividend yield?
Hancock Whitney Corporation's current dividend yield is 2.58% with a payout ratio of 31.6%.
What are Hancock Whitney Corporation's profit margins?
Hancock Whitney Corporation has 73.1% gross margin and 31.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Hancock Whitney Corporation have?
Hancock Whitney Corporation's Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.