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Horizon Bancorp HBNC Debt-to-equity

Debt-to-equity at other companies

Cabot Corporation logo
Cabot CorporationCBT
0.7×-0.2×
Warrior Met Coal logo
Warrior Met CoalHCC
0.1×0.0×
Unifirst logo
UnifirstUNF
0.0×
Main Street Capital logo
Main Street CapitalMAIN
0.8×0.0×
Dave, Inc. logo
Dave, Inc.DAVE
-0.4×
Helen Of Troy logo
Helen Of TroyHELE
1.1×+0.5×

Other financials

Income statement

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Revenue$73.5M+6.9%
Net income$26.2M+9.3%
EPS (diluted)$0.51-5.6%

Balance sheet

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Cash & equivalents$259.1M+52.7%
Total debt$225.8M-74.9%
Total equity$699.0M-9.9%
Total assets$6.6B-14.0%

Cash flow

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Operating cash flow$20.8M+36.2%
CapEx$56.0K-95.0%
Free cash flow$20.7M+46.7%

Valuation

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Market cap$1.02B+57.7%
Enterprise value$982.06M-28.5%

Profitability

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Net margin33%-5.3pp
FCF margin34.4%+0.2pp

Returns & leverage

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Return on equity11.1%-2.7pp

Where this comes from

Calculated from Horizon Bancorp’s reported figures.

Based on the most recent quarter.

The official record: Horizon Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Horizon Bancorp's debt-to-equity?
Horizon Bancorp (HBNC) reported debt-to-equity of 0.3× in Q1 2026.
How has Horizon Bancorp's debt-to-equity changed year-over-year?
Horizon Bancorp's debt-to-equity decreased by 72.1% year-over-year, from 1.2× to 0.3×.
What is the long-term trend for Horizon Bancorp's debt-to-equity?
Over 5 years (2020 to 2025), Horizon Bancorp's debt-to-equity has grown at a -12.1% compound annual growth rate (CAGR), from 0.7× to 0.4×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.