Northfield Bancorp, Inc. (NFBK) Financial Ratios
26 years of historical data (1999–2024) · Financial Services · Banks - Regional
EV/EBITDA
↑
24.18
↑+39% vs avg
5yr avg: 17.37
30Y Low11.0·High39.9
P/FCF
↑
19.61
↑+59% vs avg
5yr avg: 12.37
30Y Low9.0·High129.5
P/B Ratio
↓
0.83
-5% vs avg
5yr avg: 0.88
30Y Low0.7·High1.5
ROE
↓
4.3%
↑-35% vs avg
5yr avg: 6.5%
30Y Low3%·High17%
Debt/EBITDA
↑
15.58
↑+49% vs avg
5yr avg: 10.47
30Y Low1.1·High21.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NFBK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Northfield Bancorp, Inc. trades at 19.5x earnings, 39% above its 5-year average of 14.0x, sitting at the 35th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.4x, the stock trades at a premium of 46%. On a free-cash-flow basis, the stock trades at 19.6x P/FCF, 59% above the 5-year average of 12.4x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $587M | $484M | $549M | $730M | $788M | $602M | $800M | $638M | $801M | $913M | $692M |
| Enterprise Value | $1.2B | $1.1B | $1.2B | $1.4B | $1.2B | $1.1B | $1.6B | $969M | $1.2B | $1.3B | $1.2B |
| P/E Ratio → | 19.51 | 16.14 | 14.63 | 11.92 | 11.14 | 16.22 | 19.95 | 15.94 | 32.23 | 35.04 | 35.38 |
| P/S Ratio | 2.34 | 1.92 | 2.49 | 3.89 | 4.22 | 3.35 | 4.45 | 4.11 | 5.54 | 6.76 | 6.31 |
| P/B Ratio | 0.83 | 0.69 | 0.78 | 1.04 | 1.06 | 0.80 | 1.15 | 0.96 | 1.25 | 1.47 | 1.24 |
| P/FCF | 19.61 | 16.15 | 12.66 | 9.04 | 12.48 | 11.53 | 16.83 | 12.79 | 19.27 | 24.83 | 21.97 |
| P/OCF | 18.89 | 15.55 | 11.69 | 8.77 | 12.17 | 10.89 | 15.64 | 12.09 | 18.35 | 24.22 | 21.42 |
P/E links to full P/E history page with 30-year chart
NFBK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Northfield Bancorp, Inc.'s enterprise value stands at 24.2x EBITDA, 39% above its 5-year average of 17.4x. The Financial Services sector median is 11.5x, placing the stock at a 111% 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 | — | 4.28 | 5.35 | 7.30 | 6.20 | 6.39 | 8.63 | 6.24 | 8.40 | 9.55 | 10.93 |
| EV / EBITDA | 24.18 | 22.05 | 19.58 | 14.68 | 10.97 | 19.56 | 25.08 | 18.27 | 21.94 | 29.43 | 34.14 |
| EV / EBIT | 29.13 | 26.57 | 22.81 | 16.14 | 11.93 | 22.96 | 29.29 | 19.50 | 23.47 | 32.42 | 38.04 |
| EV / FCF | — | 35.93 | 27.23 | 16.95 | 18.35 | 22.02 | 32.68 | 19.42 | 29.22 | 35.09 | 38.04 |
NFBK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Northfield Bancorp, Inc. earns an operating margin of 16.1%, below the Financial Services sector average of 21.4%. Operating margins have compressed from 45.2% to 16.1% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 4.3% is modest, trailing the sector median of 9.5%. ROIC of 2.0% represents below-average 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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 49.1% | 49.1% | 61.5% | 86.8% | 94.2% | 71.6% | 70.3% | 75.1% | 82.4% | 83.5% | 81.7% |
| Operating Margin | 16.1% | 16.1% | 23.5% | 45.2% | 52.0% | 27.9% | 29.5% | 32.0% | 35.8% | 29.5% | 28.7% |
| Net Profit Margin | 11.9% | 11.9% | 17.1% | 32.6% | 37.8% | 20.6% | 22.4% | 25.8% | 17.1% | 19.3% | 17.8% |
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 | 4.3% | 4.3% | 5.4% | 8.5% | 9.5% | 5.1% | 5.9% | 6.1% | 3.9% | 4.4% | 3.4% |
| ROA | 0.5% | 0.5% | 0.7% | 1.1% | 1.3% | 0.7% | 0.9% | 1.0% | 0.6% | 0.7% | 0.6% |
| ROIC | 2.0% | 2.0% | 2.6% | 4.9% | 5.6% | 2.5% | 3.0% | 3.4% | 3.5% | 2.7% | 1.9% |
| ROCE | 2.5% | 2.5% | 3.4% | 6.6% | 7.7% | 3.5% | 4.0% | 4.5% | 4.7% | 3.7% | 2.8% |
NFBK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Northfield Bancorp, Inc. carries a Debt/EBITDA ratio of 15.6x, which is highly leveraged (278% above the sector average of 4.1x). Net debt stands at $592M ($760M total debt minus $168M cash). Interest coverage of just 0.3x 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 | 1.08 | 1.08 | 1.23 | 0.98 | 0.62 | 0.84 | 1.29 | 0.61 | 0.74 | 0.76 | 1.00 |
| Debt / EBITDA | 15.58 | 15.58 | 14.28 | 7.34 | 4.37 | 10.81 | 14.55 | 7.71 | 8.52 | 10.80 | 15.90 |
| Net Debt / Equity | — | 0.84 | 0.90 | 0.91 | 0.50 | 0.73 | 1.08 | 0.50 | 0.65 | 0.61 | 0.90 |
| Net Debt / EBITDA | 12.14 | 12.14 | 10.48 | 6.85 | 3.51 | 9.32 | 12.16 | 6.24 | 7.47 | 8.60 | 14.42 |
| Debt / FCF | — | 19.78 | 14.57 | 7.91 | 5.87 | 10.49 | 15.85 | 6.63 | 9.95 | 10.26 | 16.07 |
| Interest Coverage | 0.33 | 0.33 | 0.62 | 3.97 | 5.83 | 1.30 | 0.99 | 1.38 | 2.16 | 1.84 | 1.60 |
NFBK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.31x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.24x to 0.31x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.31 | 0.31 | 0.27 | 0.24 | 0.31 | 0.33 | 0.37 | 0.27 | 0.20 | 0.22 | 0.28 |
| Quick Ratio | 0.31 | 0.31 | 0.27 | 0.24 | 0.31 | 0.33 | 0.37 | 0.27 | 0.20 | 0.22 | 0.28 |
| Cash Ratio | 0.04 | 0.04 | 0.06 | 0.01 | 0.02 | 0.02 | 0.04 | 0.02 | 0.02 | 0.03 | 0.02 |
| Asset Turnover | — | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
NFBK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Northfield Bancorp, Inc. returns 6.9% to shareholders annually — split between a 3.7% dividend yield and 3.2% buyback yield. The payout ratio of 72.9% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 5.1% (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 | 3.7% | 4.5% | 4.2% | 3.3% | 3.1% | 3.6% | 2.5% | 2.9% | 2.0% | 1.5% | 1.8% |
| Payout Ratio | 72.9% | 72.9% | 60.5% | 39.5% | 34.4% | 58.1% | 50.2% | 46.6% | 63.2% | 53.9% | 62.4% |
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 | 5.1% | 6.2% | 6.8% | 8.4% | 9.0% | 6.2% | 5.0% | 6.3% | 3.1% | 2.9% | 2.8% |
| FCF Yield | 5.1% | 6.2% | 7.9% | 11.1% | 8.0% | 8.7% | 5.9% | 7.8% | 5.2% | 4.0% | 4.6% |
| Buyback Yield | 3.2% | 3.9% | 6.8% | 4.2% | 6.8% | 1.7% | 2.0% | 0.0% | 0.0% | 0.2% | 7.0% |
| Total Shareholder Yield | 6.9% | 8.4% | 10.9% | 7.5% | 9.9% | 5.3% | 4.5% | 2.9% | 2.0% | 1.8% | 8.8% |
| Shares Outstanding | — | $42M | $44M | $46M | $49M | $49M | $47M | $47M | $47M | $46M | $43M |
Peer Comparison
Compare NFBK 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 |
|---|---|---|---|---|---|---|---|---|---|
 NFBKYou | $587M | 19.5 | 24.2 | 19.6 | 49.1% | 16.1% | 4.3% | 2.0% | 15.6 |
 KRNY | $510M | 19.3 | 44.6 | 23.9 | 44.1% | 9.0% | 3.5% | 1.1% | 35.0 |
 DCOM | $2B | 15.7 | -2.2 | 9.0 | 56.1% | 21.5% | 7.7% | 5.6% | 2.4 |
 FFIC | $548M | 29.9 | 25.4 | 9.8 | 41.9% | 7.6% | 2.6% | 1.7% | 14.9 |
 NBTB | $2B | 13.6 | 10.4 | 10.8 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 OCFC | $1B | 16.3 | 27.8 | 13.7 | 54.5% | 14.1% | 4.2% | 2.2% | 17.5 |
 TRST | $861M | 15.0 | 11.2 | 18.8 | 67.1% | 29.2% | 9.0% | 7.2% | 2.1 |
 FHN | $12B | 13.3 | 11.8 | 19.4 | 67.3% | 25.7% | 10.8% | 7.0% | 3.4 |
 ICE | $87B | 26.6 | 16.5 | 20.3 | 61.9% | 38.7% | 11.7% | 7.5% | 3.1 |
 CSGP | $14B | 2052.4 | 81.5 | 352.2 | 75.2% | -2.2% | 0.1% | -0.9% | 6.7 |
 FICO | $25B | 40.2 | 29.5 | 32.1 | 82.2% | 46.5% | — | 59.7% | 3.3 |
| Financial Services Median | — | 13.4 | 11.5 | 10.7 | 62.9% | 21.4% | 9.5% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 21 years · Updated daily
See NFBK's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs NFBK Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare NFBK vs KRNY
Side-by-side business, growth, and profitability comparison vs Kearny Financial Corp..
Start ComparisonNFBK — Frequently Asked Questions
Quick answers to the most common questions about buying NFBK stock.
What is Northfield Bancorp, Inc.'s P/E ratio?
Northfield Bancorp, Inc.'s current P/E ratio is 19.5x. The historical average is 25.3x. This places it at the 35th percentile of its historical range.
What is Northfield Bancorp, Inc.'s EV/EBITDA?
Northfield Bancorp, Inc.'s current EV/EBITDA is 24.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 26.3x.
What is Northfield Bancorp, Inc.'s ROE?
Northfield Bancorp, Inc.'s return on equity (ROE) is 4.3%. The historical average is 5.5%.
Is NFBK stock overvalued?
Based on historical data, Northfield Bancorp, Inc. is trading at a P/E of 19.5x. This is at the 35th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Northfield Bancorp, Inc.'s dividend yield?
Northfield Bancorp, Inc.'s current dividend yield is 3.73% with a payout ratio of 72.9%.
What are Northfield Bancorp, Inc.'s profit margins?
Northfield Bancorp, Inc. has 49.1% gross margin and 16.1% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Northfield Bancorp, Inc. have?
Northfield Bancorp, Inc.'s Debt/EBITDA ratio is 15.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.