Heritage Financial (HFWA) Gross Margin: 2021-2024
Historic Gross Margin for Heritage Financial (HFWA) over the last 4 years, with Dec 2024 value amounting to 91.25%.
- Heritage Financial's Gross Margin fell 473.00% to 90.68% in Q3 2025 from the same period last year, while for Sep 2025 it was 88.52%, marking a year-over-year decrease of 4.00%. This contributed to the annual value of 91.25% for FY2024, which is 884.00% up from last year.
- As of FY2024, Heritage Financial's Gross Margin stood at 91.25%, which was up 10.73% from 82.40% recorded in FY2023.
- Over the past 5 years, Heritage Financial's Gross Margin peaked at 91.25% during FY2024, and registered a low of 76.72% during FY2021.
- Over the past 3 years, Heritage Financial's median Gross Margin value was 84.19% (recorded in 2022), while the average stood at 85.94%.
- Per our database at Business Quant, Heritage Financial's Gross Margin plummeted by 179bps in 2023 and then skyrocketed by 884bps in 2024.
- Yearly analysis of 4 years shows Heritage Financial's Gross Margin stood at 76.72% in 2021, then surged by 746bps to 84.19% in 2022, then slumped by 179bps to 82.40% in 2023, then skyrocketed by 884bps to 91.25% in 2024.