Heritage Financial (HFWA) Interest Coverage Ratio (2010 - 2026)
Heritage Financial's Interest Coverage Ratio came in at 1.91 for Q2 2026, up 18.1% from 1.61 a year earlier but down 6.7% from the prior quarter.
Heritage Financial (HFWA) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Heritage Financial reported Interest Coverage Ratio of 2.05, up 27.6% year-over-year; for FY2025, it came in at 1.88, up 23.3% from FY2024.
- Going back by year, Interest Coverage Ratio was 1.52 in FY2024 (-31.8%), 2.23 in FY2023 (-83.3%), 13.32 in FY2022 (-26.5%) and 18.11 in FY2021 (+262.9%).
- The five-year range for quarterly Interest Coverage Ratio is 1.30 (Q1 2024) to 16.38 (Q3 2021).
- Year-over-year, Interest Coverage Ratio has increased for four consecutive quarters, with growth averaging 16.4% over the last eight quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q3 2021 (growth of 114.8%), and the weakest in Q4 2023 (a decline of 87.5%).
- Business Quant data shows HFWA's Interest Coverage Ratio at 2.04 (Q1 2026), 2.25 (Q4 2025) and 2.01 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 2.10 |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -2.12 |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 1.65 |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 1.56 |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 1.43 |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 0.56 |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 1.47 |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 1.73 |
| 10 | Heritage Financial | 1.13 Bn | 179.14 Mn | - | 1.91 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.91 |
| Mar 31, 2026 | 2.04 |
| Dec 31, 2025 | 2.25 |
| Sep 30, 2025 | 2.01 |
| Jun 30, 2025 | 1.61 |
| Mar 31, 2025 | 1.68 |
| Dec 31, 2024 | 1.65 |
| Sep 30, 2024 | 1.49 |
| Jun 30, 2024 | 1.63 |
| Mar 31, 2024 | 1.30 |
| Dec 31, 2023 | 1.32 |
| Sep 30, 2023 | 2.22 |
| Jun 30, 2023 | 2.39 |
| Mar 31, 2023 | 4.62 |
| Dec 31, 2022 | 10.57 |
| Sep 30, 2022 | 15.06 |
| Jun 30, 2022 | 14.40 |
| Mar 31, 2022 | 15.14 |
| Dec 31, 2021 | 15.48 |
| Sep 30, 2021 | 16.38 |
Heritage Financial Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=HFWA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "HFWA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=HFWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();