Heritage Financial Corporation (HFWA)
Return on total capital
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 69,254 | 60,014 | 61,550 | 52,259 | 42,506 | 51,237 | 55,113 | 72,915 | 94,227 | 98,077 | 100,767 | 99,436 | 95,866 | 95,808 | 113,400 | 120,507 | 124,499 | 118,023 | 70,795 | 53,180 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 904,064 | 888,212 | 881,515 | 863,527 | 874,514 | 850,507 | 847,580 | 853,261 | 813,546 | 819,733 | 826,082 | 797,893 | 776,702 | 805,366 | 821,449 | 854,432 | 848,404 | 855,984 | 827,151 | 820,439 |
| Return on total capital | 7.66% | 6.76% | 6.98% | 6.05% | 4.86% | 6.02% | 6.50% | 8.55% | 11.58% | 11.96% | 12.20% | 12.46% | 12.34% | 11.90% | 13.80% | 14.10% | 14.67% | 13.79% | 8.56% | 6.48% |
September 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $69,254K ÷ ($—K + $904,064K)
= 7.66%