Heritage Financial (HFWA) Gross Margin (2022 - 2026)
Heritage Financial (HFWA) posted Gross Margin of 77.12% for Q1 2026, up 1.12% on a QoQ basis from 76.26% in Q4 2025, and up 458.0% year-over-year from 13.82% in Q1 2025.
Heritage Financial (HFWA) Gross Margin (2022 - 2026) Analysis & Trends
Heritage Financial's Gross Margin history runs 5 years deep, the most recent figure standing at 77.12% for Q1 2026.
- Quarterly Gross Margin rose 458.0% year-over-year to 77.12% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 75.77% (down 111.0% YoY) and the FY2025 annual result came in at 74.51%, down 529.0% from the prior year.
- Gross Margin was 77.12% for Q1 2026 at Heritage Financial, up from 76.26% in the prior quarter.
- Across five years, Gross Margin topped out at 89.75% in Q3 2024 and bottomed at 23.21% in Q4 2023.
- A 5-year average of 65.95% and a median of 68.9% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin surged 4247 bps — and 2025, when it tumbled 1275 bps.
- Heritage Financial's Gross Margin stood at 33.04% in 2022, then retreated by 30 bps to 23.21% in 2023, then jumped by 183 bps to 65.68% in 2024, then rose by 16 bps to 76.26% in 2025, then grew by 1 bps to 77.12% in 2026.
- Business Quant data shows HFWA's Gross Margin at 77.12% in Q1 2026, 76.26% in Q4 2025, and 77.0% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -244.16% |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 80.84% |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 30.54% |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | Heritage Financial | 1.17 Bn | 903.58 Mn | 1.29 Mn | 77.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.12% |
| Dec 31, 2025 | 76.26% |
| Sep 30, 2025 | 77.00% |
| Jun 30, 2025 | 72.12% |
| Mar 31, 2025 | 72.54% |
| Dec 31, 2024 | 65.68% |
| Sep 30, 2024 | 89.75% |
| Jun 30, 2024 | 78.97% |
| Mar 31, 2024 | 83.77% |
| Dec 31, 2023 | 23.21% |
| Sep 30, 2023 | 64.25% |
| Jun 30, 2023 | 58.16% |
| Mar 31, 2023 | 60.12% |
| Dec 31, 2022 | 33.04% |
| Sep 30, 2022 | 62.82% |
| Jun 30, 2022 | 60.32% |