Burke & Herbert Financial Services Corp. Financial Ratios — BHRB

Profitability (USD)

	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	17.68	16.74	16.6	14.43	6.78	7.18	9.34	13.28	7.72	6.77	14.89
Return on Assets (%)	- -	1.83	1.71	1.64	1.41	0.78	0.84	1.03	1.23	0.63	0.62	1.49
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	17.68	16.74	16.6	11.59	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	61.79	60.92	60.45	60.45	50.33	2.83	2.7	2.83	2.58	2.63	6.78	6.74
Operating Margin (%)	58.52	57.99	55.75	54.78	50.33	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	48.72	-21.88	44.63	189.14	-59.97	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	58.52	57.99	55.74	54.78	50.33	15.56	26.16	35.77	44.12	22.96	15.55	42.97
Profit Margin (%)	38.71	38.31	37.72	36.71	35.21	15.8	24.37	31.99	37.13	20.79	13.92	34.78
Net Income to Common Margin (%)	38.71	38.31	37.72	36.71	35.21	15.8	24.37	31.99	37.13	20.79	13.66	34.51
Effective Tax Rate (%)	33.85	33.95	32.33	33	30.04	- -	6.82	10.58	15.84	9.45	10.5	19.06
Dvd Payout Ratio (%)	32.28	34.6	38.8	39.91	- -	88.29	56.25	41.12	35.77	69.39	79.81	28.36
Sustainable Growth Rate (%)	- -	11.56	10.24	9.97	14.43	0.79	3.14	5.5	8.53	2.36	1.37	10.66

Credit (USD)

Credit Ratios API ChatGPT

	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	- -	70	150	450	550	686	544	477	537
ST Debt	- -	- -	- -	- -	- -	75	225	275	343	272	365	450
LT Debt	- -	- -	- -	- -	70	75	225	275	343	272	112	87
Total Debt/EBITDA	- -	- -	- -	- -	2.38	49.33	153.22	171.61	224.76	189.42	27.4	23.66
Net Debt/EBITDA	-0.9	-0.85	-0.77	-0.73	1.4	21.79	75.35	147.47	208.29	173.92	19.62	10.93
Total Debt/EBIT	- -	- -	- -	- -	2.38	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	-0.95	-0.89	-0.83	-0.8	1.4	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	10.48	10.22	10.21	9.6	9.97	12.34	11.24	10.76	7.68	8.7	9.21	10.66
Long-Term Debt/Equity (%)	- -	- -	- -	- -	47.52	21.21	58.46	70.58	125.47	86.42	15.32	10.24
Long-Term Debt/Capital (%)	- -	- -	- -	- -	32.21	14.89	26.95	29.27	35.75	31.67	9.27	6.28
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	4.74	2.62	6.57	7.59	9.63	7.52	1.43	1.1
Total Debt/Equity (%)	- -	- -	- -	- -	47.52	42.43	116.92	141.16	250.94	172.84	65.31	62.89
Total Debt/Capital (%)	- -	- -	- -	- -	32.21	29.79	53.9	58.53	71.51	63.35	39.51	38.61
Total Debt/Total Assets (%)	- -	- -	- -	- -	4.74	5.23	13.14	15.19	19.26	15.04	6.1	6.79
Net Debt to Equity	-24.9	-23.25	-19.73	-19.25	27.98	18.74	57.5	121.3	232.55	158.7	46.78	29.06
Net Debt/Capital (%)	-33.15	-30.3	-24.59	-23.84	21.86	15.78	36.51	54.81	69.93	61.34	31.87	22.52
EBITDA	31	33	33	36	29	3	3	3	3	3	17	23
EBITDA-CapEx	31	33	33	36	29	1	- -	2	-20	-11	13	11
Operating Income (Loss)	30	31	31	33	29	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	10.48	10.22	10.21	9.6	9.97	12.34	11.24	10.76	7.68	8.7	9.21	10.66
Long-Term Debt/Equity (%)	- -	- -	- -	- -	47.52	21.21	58.46	70.58	125.47	86.42	15.32	10.24
Long-Term Debt/Capital (%)	- -	- -	- -	- -	32.21	14.89	26.95	29.27	35.75	31.67	9.27	6.28
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	4.74	2.62	6.57	7.59	9.63	7.52	1.43	1.1
Total Debt/Equity (%)	- -	- -	- -	- -	47.52	42.43	116.92	141.16	250.94	172.84	65.31	62.89
Total Debt/Capital (%)	- -	- -	- -	- -	32.21	29.79	53.9	58.53	71.51	63.35	39.51	38.61
Total Debt/Total Assets (%)	- -	- -	- -	- -	4.74	5.23	13.14	15.19	19.26	15.04	6.1	6.79
CFO/Total Liabilities	2.04	- -	2.08	1.81	- -	1.02	0.76	1.7	1.86	1.29	1.21	1.53
CFO/CapEx	- -	- -	- -	- -	- -	14.49	8.6	50.74	2.65	2.98	18.79	9.22
Altman's Z-Score	0.34	0.5	0.46	0.43	0.4	0.3	0.25	0.26	0.3	0.28	0.19	0.21

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	8.22	8.37	8.71	15.74	26.49	9.93	7.79	7.71	6.96	10.19	9.65
Days Sales Outstanding	- -	44.41	43.61	41.9	23.19	13.78	36.76	46.87	47.32	52.46	35.82	37.82
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	132	419	393	393	334	415	317	408	525	467	933	936
- Cash & Cash Equivalents	28	28	26	27	29	84	229	77	50	44	135	289
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10	10
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	70	150	450	550	686	544	477	537
Enterprise Value	104	391	368	366	375	-212	-622	-725	-211	461	-147	679
Total Capital	113	119	129	138	217	504	835	940	960	859	1,207	1,392
Total Debt/Capital (%)	- -	- -	- -	- -	32.21	29.79	53.9	58.53	71.51	63.35	39.51	38.61
Total Debt / EV	- -	- -	- -	- -	0.19	-0.71	-0.72	-0.76	-3.25	1.18	-3.25	0.79
EV/Sales	2.05	7.3	6.67	6.07	6.42	- -	- -	- -	- -	4.22	3.71	2.01
EV/EBITDA	3.31	11.99	11.03	10.04	12.76	- -	- -	- -	- -	160.46	54.75	29.9
EV/EBIT	3.49	12.59	11.96	11.08	12.76	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	5.26	9,811.31	15.52	15.65	- -	- -	- -	- -	- -	10.84	11.11	6.29
EV/Free Cash Flow to Firm	5.26	9,811.31	15.52	15.65	- -	- -	- -	- -	- -	8.12	10.55	5.68
Diluted Market Cap	132	420	394	393	334	447	341	440	528	467	933	936
Diluted Enterprise Value	104	392	368	367	375	514	563	913	1,164	967	1,285	1,195
EV per Share	13.1	49.61	46.76	46.62	47.75	- -	- -	- -	- -	62.03	63.67	45.2
TTM Sales	51	54	55	60	58	107	109	113	119	109	257	337
TTM EBITDA	31	33	33	36	29	3	3	3	3	3	17	23
TTM Operating Income	30	31	31	33	29	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	20	- -	24	23	- -	26	23	55	61	43	86	108
TTM Free Cash Flow to Firm	20	- -	24	23	- -	27	26	56	84	57	90	120

Multiples (USD)

Valuation Multiples API ChatGPT

	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	6.7	10,523.77	16.62	16.79	- -	16.29	13.19	7.85	6.28	8.23	10.33	7.83
EV/EBIT	3.49	12.59	11.96	11.08	12.76	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	104	391	368	366	375	-212	-622	-725	-211	461	-147	679
Low Price	10.46	16.97	49.25	45.38	41.25	50.97	38.38	42.67	45.3	42.91	46	47.57
EV/Sales	2.05	7.3	6.67	6.07	6.42	- -	- -	- -	- -	4.22	3.71	2.01
EV/EBITDA	3.31	11.99	11.03	10.04	12.76	- -	- -	- -	- -	160.46	54.75	29.9
Price/Earnings	6.73	20.44	18.93	17.74	16.24	26.34	12.88	12.17	11.93	20.59	26.65	8.04
Price/Earnings Average	6.15	13.14	20	17.49	17.65	30.24	13.8	11.33	9.61	20.7	25.04	7.78
Price/Earnings High	13.13	20.44	24.13	18.71	19.11	35.22	17.7	18.39	14.17	27.83	32.18	9.1
Price/Earnings Low	4.23	6.53	18.64	16.1	15.76	24.02	11.59	9.44	7.64	14.05	19.66	6.14
Price/Book Value	1.17	3.51	3.04	2.85	2.27	1.17	0.82	1.05	1.92	1.48	1.3	1.11
Price/Book Value Average	1.07	2.26	3.21	2.81	2.46	1.35	0.88	0.98	1.55	1.49	1.22	1.07
Price/Book Value High	2.28	3.51	3.88	3.01	2.67	1.57	1.13	1.58	2.28	2.01	1.57	1.26
Price/Book Value Low	0.73	1.12	3	2.59	2.2	1.07	0.74	0.81	1.23	1.01	0.96	0.85
Price/Tangible Book Value	1.17	3.51	3.04	2.85	2.27	1.17	0.82	1.05	1.92	1.48	1.48	1.22
Price/Tangible Book Value Average	1.07	2.26	3.21	2.81	2.46	1.35	0.88	0.98	1.55	1.49	1.39	1.18
Price/Tangible Book Value High	2.28	3.51	3.88	3.01	2.67	1.57	1.13	1.58	2.28	2.01	1.79	1.38
Price/Tangible Book Value Low	0.73	1.12	3	2.59	2.2	1.07	0.74	0.81	1.23	1.01	1.09	0.93
Price/Sales	2.6	7.83	7.14	6.51	5.72	4.16	3.14	3.89	4.43	4.28	3.64	2.78
Price/Sales Average	2.38	5.03	7.54	6.42	6.21	4.78	3.36	3.62	3.57	4.3	3.42	2.69
Price/Sales High	5.08	7.83	9.1	6.87	6.73	5.56	4.31	5.88	5.26	5.79	4.39	3.14
Price/Sales Low	1.64	2.5	7.03	5.91	5.55	3.79	2.82	3.02	2.84	2.92	2.68	2.12
Price/Cash Flow	6.7	10,523.77	16.62	16.79	- -	17.41	14.72	8.01	8.6	10.99	10.88	8.68
Price/Cash Flow Average	6.12	6,763.98	17.56	16.56	- -	19.99	15.77	7.46	6.93	11.05	10.22	8.4
Price/Cash Flow High	13.07	10,523.77	21.19	17.72	- -	23.28	20.23	12.1	10.22	14.85	13.14	9.82
Price/Cash Flow Low	4.21	3,361.35	16.37	15.24	- -	15.88	13.24	6.21	5.51	7.5	8.03	6.62
Price/Free Cash Flow Average	6.12	6,763.98	17.56	16.56	- -	18.7	14.13	7.31	5.06	8.28	9.71	7.57
Price/Free Cash Flow High	13.07	10,523.77	21.19	17.72	- -	21.78	18.12	11.87	7.46	11.13	12.48	8.86
Price/Free Cash Flow Low	4.21	3,361.35	16.37	15.24	- -	14.85	11.86	6.09	4.02	5.62	7.62	5.98
EV/Sales Average	1.82	4.51	7.07	5.98	6.92	5.05	5.16	7.54	8.93	8.88	4.79	3.45
EV/Sales High	4.52	7.3	8.63	6.43	7.43	5.78	6.04	9.64	10.63	10.36	5.77	3.91
EV/Sales Low	1.08	1.98	6.56	5.47	6.25	4.14	4.66	6.98	8.2	7.5	4.06	2.89
EV/EBITDA Average	2.95	7.4	11.7	9.89	13.74	178.48	190.93	266.16	346.83	337.49	70.62	51.28
EV/EBITDA High	7.31	11.99	14.28	10.63	14.76	204.32	223.58	340.08	412.6	393.78	84.99	58.04
EV/EBITDA Low	1.75	3.25	10.85	9.04	12.42	146.25	172.39	246.33	318.47	284.91	59.78	42.86
EV/EBIT Average	3.11	7.77	12.69	10.91	13.74	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	7.72	12.59	15.48	11.73	14.76	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	1.84	3.41	11.77	9.98	12.42	- -	- -	- -	- -	- -	- -	- -
Last Price	16.65	53.13	50	50	42.5	55.91	42.67	55	70.7	62.9	62.36	62.31
High Price	32.5	53.13	63.75	52.75	50	74.75	58.63	83.13	84	85	75.32	70.51
Enterprise Value Average	92	242	390	361	404	543	561	853	1,059	969	1,229	1,165
Enterprise Value High	229	391	476	388	434	621	657	1,090	1,260	1,131	1,479	1,318
Enterprise Value Low	55	106	362	330	365	445	506	789	972	818	1,041	974

Shares Outstanding	8	8	8	8	8	7	7	7	7	7	15	15
Diluted Weighted Avg Shares	8	8	8	8	8	8	8	8	7	7	15	15
Basic Weighted Avg Shares	8	8	8	8	8	8	8	8	7	7	15	15
Revenue per Share	6.39	6.78	7	7.68	7.43	13.43	13.59	14.13	15.96	14.69	17.14	22.44
EBITDA per Share	3.95	4.13	4.23	4.64	3.74	0.38	0.37	0.4	0.41	0.39	1.16	1.51
Operating Income per Share	3.74	3.93	3.9	4.21	3.74	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	2.47	2.6	2.64	2.82	2.62	2.12	3.31	4.52	5.93	3.05	2.34	7.75
Basic EPS from Cont Ops	2.47	2.6	2.64	2.82	2.62	2.12	3.31	4.52	5.93	3.05	2.39	7.81
Diluted EPS, GAAP	2.47	2.6	2.64	2.82	2.62	2.12	3.31	4.52	5.89	3.05	2.34	7.75
Diluted EPS from Cont Ops	2.47	2.6	2.64	2.82	2.62	2.12	3.31	4.52	5.89	3.05	2.39	7.81
Dividend per Share	0.8	0.9	1.02	1.12	- -	1.87	1.86	1.86	2.12	2.12	1.91	2.26
Cash Flow per Share	2.49	0.01	3.01	2.98	- -	3.21	2.9	6.87	8.22	5.72	5.73	7.18
Free Cash Flow per Basic Share	2.49	0.01	3.01	2.98	- -	2.99	2.56	6.73	5.12	3.8	5.43	6.4
Cash & Equivalents per Share	3.55	3.52	3.24	3.38	3.66	104.7	186.97	226.65	191.5	74.1	104.73	53.57
Book Value per Share	14.27	15.12	16.44	17.53	18.75	47.61	51.83	52.47	36.82	42.37	48.08	56.18
Tangible Book Value per Share	14.27	15.12	16.44	17.53	18.75	47.61	51.83	52.47	36.82	42.37	42.06	51.13

Burke & Herbert Financial Services Corp.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)