Heritage Financial financials
$27.81−1.24%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $336.0M | $317.2M | $303.1M | $257.0M | $247.4M | $251.5M | $250.3M | $231.0M | $183.3M | $170.1M |
| Gross profit | $246.1M | $216.8M | $243.8M | $249.0M | $240.4M | $238.2M | $232.1M | $218.6M | $174.9M | $164.1M |
| Gross margin | 73.3% | 68.4% | 80.4% | 96.9% | 97.2% | 94.7% | 92.7% | 94.6% | 95.4% | 96.5% |
| Operating income | $78.6M | $52.3M | $72.9M | $99.4M | $120.5M | $53.2M | $81.0M | $64.3M | $60.1M | $52.7M |
| Net income | $67.5M | $43.3M | $61.8M | $81.9M | $98.0M | $46.6M | $67.6M | $52.8M | $41.5M | $38.6M |
| Net margin | 20.1% | 13.6% | 20.4% | 31.9% | 39.6% | 18.5% | 27.0% | 22.9% | 22.6% | 22.7% |
| Diluted EPS | $1.96 | $1.24 | $1.75 | $2.31 | $2.73 | $1.29 | $1.83 | $1.49 | $1.39 | $1.30 |
| EBITDA | $78.6M | $52.3M | $72.9M | $99.4M | $120.5M | $53.2M | $81.0M | $64.3M | $60.1M | $52.7M |
| Operating cash flow | $94.8M | $64.5M | $109.5M | $94.5M | $69.5M | $70.3M | $92.5M | $90.4M | $73.5M | $54.0M |
| Free cash flow | $85.7M | $61.1M | $99.2M | $90.5M | $66.6M | $63.9M | $79.5M | $67.2M | $70.5M | $47.9M |
| Diluted shares | 34.5M | 34.9M | 35.3M | 35.5M | 36.0M | 36.2M | 37.0M | 35.4M | 29.8M | 29.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $52.6M | $58.8M | $55.9M | $74.3M | $61.4M | $91.9M |
| Short-term investments | $1.47B | $1.55B | $2.05B | $2.14B | $2.95B | $1.46B |
| Total debt | $42.4M | $405.1M | $521.8M | $21.5M | $21.2M | $20.9M |
| Total assets | $6.97B | $7.11B | $7.17B | $6.98B | $7.43B | $6.62B |
| Total liabilities | $6.05B | $6.24B | $6.32B | $6.18B | $6.58B | $5.79B |
| Shareholders' equity | $921.5M | $863.5M | $853.3M | $797.9M | $854.4M | $820.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology