Where do National Bank Holdings's ratios come from?

Every ratio is computed from National Bank Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

	FY'25	FY'24	FY'23	FY'22
Profitability
Net margin	26.3%-2.9pp	29.2%-4.1pp	33.4%+12.0pp	21.3%-10.1pp
Free cash flow margin	31.8%+2.2pp	29.7%-0.9pp	30.5%-30.0pp	60.5%+1.9pp
Returns
Return on equity	8.1%-1.3pp	9.4%-2.9pp	12.3%+4.9pp	7.4%-3.9pp
Return on assets	1.1%-0.1pp	1.2%-0.3pp	1.5%+0.6pp	0.8%-0.5pp
Efficiency
Asset turnover	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Per Share
Book value per share	$36.36+7.0%	$33.97+6.7%	$31.82-4.8%	$33.42+23.6%
Valuation
Market capitalization	$1.44B-12.2%	$1.64B+15.8%	$1.41B-10.6%	$1.58B+18.8%
Enterprise value	$1.1B-30.6%	$1.59B+21.8%	$1.31B-11.2%	$1.47B+172%
Price / earnings	13.1×-0.7×	13.8×+3.8×	10×-12.2×	22.2×+8.0×
Price / sales	3.5×-0.6×	4×+0.7×	3.3×-1.4×	4.7×+0.3×
Price / book	1×-0.2×	1.3×+0.1×	1.2×-0.3×	1.4×-0.1×
EV / sales	2.7×-1.3×	3.9×+0.8×	3.1×-1.3×	4.4×+2.6×
Free cash flow yield	9.2%+1.8pp	7.4%-1.8pp	9.2%-3.6pp	12.8%-0.3pp
Earnings yield	7.6%+0.4pp	7.3%-2.8pp	10%+5.5pp	4.5%-2.5pp
Dividend yield	3.2%+0.6pp	2.6%-0.2pp	2.8%+0.9pp	1.9%-0.1pp

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Questions, answered.

Where do National Bank Holdings's ratios come from?: Every ratio is computed from National Bank Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.