Provident Financial Services, Inc. (PFS) Financial Ratios
25 years of historical data (2001–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
12.83
-0% vs avg
5yr avg: 12.84
30Y Low7.1·High36.0
P/FCF
↓
6.80
↓-16% vs avg
5yr avg: 8.07
30Y Low4.9·High38.9
P/B Ratio
↓
1.03
+13% vs avg
5yr avg: 0.92
30Y Low0.7·High1.4
ROE
↑
10.7%
↓+20% vs avg
5yr avg: 8.9%
30Y Low-13%·High11%
Debt/EBITDA
↑
6.17
↓-8% vs avg
5yr avg: 6.68
30Y Low2.5·High24.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PFS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Provident Financial Services, Inc. trades at 10.1x earnings, 12% below its 5-year average of 11.5x, sitting at the 9th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.1x, the stock trades at a discount of 23%. On a free-cash-flow basis, the stock trades at 6.8x P/FCF, 16% below the 5-year average of 8.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.9B | $2.6B | $2.1B | $1.3B | $1.6B | $1.9B | $1.3B | $1.6B | $1.6B | $1.7B | $1.8B |
| Enterprise Value | $5.2B | $4.9B | $4.3B | $2.7B | $2.8B | $1.8B | $1.9B | $2.5B | $2.9B | $3.3B | $3.3B |
| P/E Ratio → | 10.08 | 8.86 | 17.97 | 10.54 | 9.09 | 11.06 | 12.92 | 14.17 | 13.26 | 18.60 | 20.51 |
| P/S Ratio | 2.12 | 1.86 | 1.82 | 1.94 | 2.88 | 3.79 | 2.87 | 3.67 | 3.75 | 4.59 | 5.05 |
| P/B Ratio | 1.03 | 0.91 | 0.80 | 0.80 | 1.00 | 1.09 | 0.77 | 1.13 | 1.16 | 1.34 | 1.44 |
| P/FCF | 6.80 | 5.98 | 4.87 | 8.14 | 8.37 | 12.97 | 13.82 | 12.08 | 10.30 | 15.28 | 14.77 |
| P/OCF | 6.62 | 5.83 | 4.86 | 7.79 | 7.97 | 11.82 | 12.11 | 11.65 | 10.09 | 14.86 | 14.19 |
P/E links to full P/E history page with 30-year chart
PFS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Provident Financial Services, Inc.'s enterprise value stands at 12.8x EBITDA, roughly in line with its 5-year average of 12.8x. The Financial Services sector median is 11.5x, placing the stock at a 12% premium 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 | — | 3.53 | 3.76 | 3.88 | 4.98 | 3.64 | 4.40 | 5.82 | 6.86 | 8.68 | 9.16 |
| EV / EBITDA | 12.83 | 11.97 | 20.99 | 13.64 | 10.46 | 7.12 | 13.00 | 15.27 | 18.64 | 21.65 | 23.81 |
| EV / EBIT | 12.83 | 11.97 | 28.65 | 15.36 | 11.49 | 7.83 | 15.05 | 17.23 | 19.95 | 23.44 | 26.25 |
| EV / FCF | — | 11.34 | 10.08 | 16.28 | 14.45 | 12.44 | 21.21 | 19.19 | 18.82 | 28.89 | 26.78 |
PFS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Provident Financial Services, Inc. earns an operating margin of 29.5%, above the Financial Services sector average of 21.6%. Operating margins have expanded from 25.3% to 29.5% over the past 3 years, signaling improving operational efficiency. ROE of 10.7% is modest. ROIC of 5.9% represents adequate 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 62.7% | 62.7% | 53.2% | 64.8% | 90.3% | 97.2% | 81.1% | 80.1% | 80.2% | 86.5% | 86.3% |
| Operating Margin | 29.5% | 29.5% | 13.1% | 25.3% | 43.3% | 46.4% | 29.3% | 33.8% | 34.4% | 37.0% | 34.9% |
| Net Profit Margin | 21.1% | 21.1% | 10.1% | 18.5% | 31.7% | 34.3% | 22.2% | 25.9% | 28.3% | 24.8% | 24.5% |
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 | 10.7% | 10.7% | 5.4% | 7.8% | 10.7% | 10.1% | 6.4% | 8.1% | 8.9% | 7.4% | 7.2% |
| ROA | 1.2% | 1.2% | 0.6% | 0.9% | 1.3% | 1.3% | 0.9% | 1.2% | 1.2% | 1.0% | 1.0% |
| ROIC | 5.9% | 5.9% | 2.7% | 4.3% | 6.8% | 6.6% | 3.6% | 4.1% | 3.7% | 3.6% | 3.2% |
| ROCE | 1.7% | 1.7% | 3.3% | 5.1% | 8.8% | 8.5% | 4.6% | 5.5% | 5.0% | 4.9% | 4.6% |
PFS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Provident Financial Services, Inc. carries a Debt/EBITDA ratio of 6.2x, which is highly leveraged (49% above the sector average of 4.1x). Net debt stands at $2.3B ($2.5B total debt minus $211M cash). Interest coverage of just 0.8x 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.89 | 0.89 | 0.93 | 0.91 | 0.84 | 0.38 | 0.74 | 0.80 | 1.06 | 1.34 | 1.29 |
| Debt / EBITDA | 6.17 | 6.17 | 11.86 | 7.73 | 5.11 | 2.55 | 8.14 | 6.78 | 9.36 | 11.45 | 11.73 |
| Net Debt / Equity | — | 0.81 | 0.85 | 0.80 | 0.73 | -0.04 | 0.41 | 0.66 | 0.96 | 1.19 | 1.17 |
| Net Debt / EBITDA | 5.65 | 5.65 | 10.85 | 6.82 | 4.40 | -0.30 | 4.53 | 5.65 | 8.44 | 10.20 | 10.68 |
| Debt / FCF | — | 5.36 | 5.21 | 8.14 | 6.08 | -0.53 | 7.39 | 7.11 | 8.52 | 13.61 | 12.01 |
| Interest Coverage | 0.80 | 0.80 | 0.34 | 0.81 | 4.94 | 6.25 | 2.51 | 2.00 | 2.43 | 3.08 | 2.85 |
PFS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 0.16 | 0.19 | 0.19 | 0.25 | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 |
| Quick Ratio | — | — | 0.16 | 0.19 | 0.19 | 0.25 | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 |
| Cash Ratio | — | — | 0.01 | 0.02 | 0.02 | 0.06 | 0.05 | 0.03 | 0.02 | 0.03 | 0.02 |
| Asset Turnover | — | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
PFS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Provident Financial Services, Inc. returns 4.3% to shareholders annually primarily through dividends. A payout ratio of 43.2% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 9.9% (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 | 4.3% | 4.9% | 4.9% | 5.4% | 4.5% | 3.9% | 5.3% | 4.6% | 3.4% | 3.4% | 2.5% |
| Payout Ratio | 43.2% | 43.2% | 87.4% | 56.4% | 41.0% | 42.6% | 67.9% | 64.6% | 45.3% | 63.8% | 51.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.9% | 11.3% | 5.6% | 9.5% | 11.0% | 9.0% | 7.7% | 7.1% | 7.5% | 5.4% | 4.9% |
| FCF Yield | 14.7% | 16.7% | 20.5% | 12.3% | 12.0% | 7.7% | 7.2% | 8.3% | 9.7% | 6.5% | 6.8% |
| Buyback Yield | 0.0% | 0.0% | 0.1% | 0.0% | 2.9% | 1.1% | 1.7% | 1.2% | 0.8% | 0.0% | 0.1% |
| Total Shareholder Yield | 4.3% | 4.9% | 4.9% | 5.4% | 7.4% | 5.0% | 7.0% | 5.8% | 4.3% | 3.5% | 2.6% |
| Shares Outstanding | — | $131M | $110M | $75M | $75M | $77M | $70M | $65M | $65M | $65M | $64M |
Peer Comparison
Compare PFS 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 |
|---|---|---|---|---|---|---|---|---|---|
 PFSYou | $3B | 10.1 | 12.8 | 6.8 | 62.7% | 29.5% | 10.7% | 5.9% | 6.2 |
 NBTB | $2B | 13.5 | 10.4 | 10.7 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 WSFS | $4B | 14.2 | 6.8 | 17.8 | 74.7% | 28.0% | 10.8% | 9.5% | 0.7 |
 OCFC | $1B | 16.1 | 27.7 | 13.6 | 54.5% | 14.1% | 4.2% | 2.2% | 17.5 |
 KRNY | $508M | 19.2 | 44.5 | 23.8 | 44.1% | 9.0% | 3.5% | 1.1% | 35.0 |
 NFBK | $588M | 19.5 | 24.2 | 19.6 | 49.1% | 16.1% | 4.3% | 2.0% | 15.6 |
 COLB | $7B | 12.9 | 11.8 | 10.0 | 67.7% | 23.4% | 8.5% | 5.4% | 4.5 |
 TRMK | $3B | 12.1 | 9.5 | 11.4 | 71.0% | 25.5% | 11.0% | 7.1% | 3.4 |
 FULT | $4B | 10.3 | 9.7 | 14.5 | 67.4% | 25.7% | 11.7% | 7.5% | 2.5 |
 AMSF | $569M | 12.3 | 8.5 | 63.8 | 46.4% | 18.6% | 18.5% | 21.9% | 0.0 |
 DCOM | $2B | 15.7 | -2.2 | 9.0 | 56.1% | 21.5% | 7.7% | 5.6% | 2.4 |
| Financial Services Median | — | 13.1 | 11.5 | 10.6 | 63.6% | 21.6% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 25 years · Updated daily
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Start ComparisonPFS — Frequently Asked Questions
Quick answers to the most common questions about buying PFS stock.
What is Provident Financial Services, Inc.'s P/E ratio?
Provident Financial Services, Inc.'s current P/E ratio is 10.1x. The historical average is 18.0x. This places it at the 9th percentile of its historical range.
What is Provident Financial Services, Inc.'s EV/EBITDA?
Provident Financial Services, Inc.'s current EV/EBITDA is 12.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 19.9x.
What is Provident Financial Services, Inc.'s ROE?
Provident Financial Services, Inc.'s return on equity (ROE) is 10.7%. The historical average is 6.1%.
Is PFS stock overvalued?
Based on historical data, Provident Financial Services, Inc. is trading at a P/E of 10.1x. This is at the 9th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Provident Financial Services, Inc.'s dividend yield?
Provident Financial Services, Inc.'s current dividend yield is 4.29% with a payout ratio of 43.2%.
What are Provident Financial Services, Inc.'s profit margins?
Provident Financial Services, Inc. has 62.7% gross margin and 29.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Provident Financial Services, Inc. have?
Provident Financial Services, Inc.'s Debt/EBITDA ratio is 6.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.