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Heritage Financial HFWA Return on assets

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Other financials

Income statement

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Revenue$77.9M+35.3%
Net income$18.9M+36.2%
EPS (diluted)$0.48+20.0%

Balance sheet

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Cash & equivalents$268.1M+7.8%
Total debt$20.0M-92.4%
Total equity$1.1B+26.6%
Total assets$8.5B+19.2%

Cash flow

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Operating cash flow$14.0M-27.4%
CapEx$1.3M+11.2%
Free cash flow$12.7M-29.9%

Valuation

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Market cap$1.19B+55.2%
Enterprise value$946.38M+20.5%
P/E16.5×+1.5×
P/S4.5×+1.1×

Profitability

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Net margin27.2%+4.5pp
FCF margin30.1%+0.4pp

Returns & leverage

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Return on equity7.3%+1.3pp
Debt / equity-0.3×

Where this comes from

Calculated from Heritage Financial’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is Heritage Financial's return on assets?
Heritage Financial (HFWA) reported return on assets of 0.9% in Q1 2026.
How has Heritage Financial's return on assets changed year-over-year?
Heritage Financial's return on assets increased by 28.4% year-over-year, from 0.7% to 0.9%.
What is the long-term trend for Heritage Financial's return on assets?
Over 5 years (2020 to 2025), Heritage Financial's return on assets has grown at a 4.6% compound annual growth rate (CAGR), from 0.8% to 1%.
What does return on assets mean?
Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.