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%