HTHNYSEState Commercial BanksFiscal year ends December 31
Hilltop Holdings Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 23, 2026
$36.26−0.59 (-1.60%)
Close on Oct 19, 2026
- Market cap
- $2.10B
- P/E (TTM)
- 13.4
- Dividend yield
- 1.99%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
12.9%−8.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.8% | -0.2% | -9.5% | -2.4% | |
| Net income | +46.3% | +13.5% | -18.0% | -2.4% | |
| EPS, diluted | +51.7% | +18.2% | -12.0% | +2.4% | |
| Dividend per share | +5.9% | +6.3% | +14.9% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.1% | 20.2% | 7.6% | |
| Return on assets | 1.2% | 2.8% | 1.0% | |
| Capex to revenue | 2.5% | 1.8% | 1.3% | |
| Diluted shares | 99M | 89M | 63M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hilltop generated $2.71B from operations and spent $1.06B on capital expenditure, dividends and share buybacks. 6% of that went back into the business.
Generated
$2.71B
Used
$1.06B
Capital expenditure$67.00M6%Dividends$213.20M20%Share buybacks$774.96M73%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin12.9%
×Asset turnover0.08×
×Equity multiplier7.37×
=Return on equity, FY20257.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 12.9% | 0.08× | 7.37× | 7.6% |
| FY2024 | 9.5% | 0.07× | 7.59× | 5.2% |
| FY2023 | 9.2% | 0.07× | 7.87× | 5.3% |
| FY2022 | 8.8% | 0.07× | 7.66× | 5.0% |
| FY2021 | 20.4% | 0.10× | 7.35× | 15.5% |
| FY2020 | 21.2% | 0.13× | 7.25× | 20.2% |
| FY2019 | 15.0% | 0.10× | 7.12× | 11.1% |
| FY2018 | 9.2% | 0.10× | 7.00× | 6.3% |
| FY2017 | 8.1% | 0.12× | 6.90× | 7.0% |
| FY2016 | 8.7% | 0.14× | 6.82× | 8.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$165.59M
- Cash generatingOperating cash flow above zero-$38.70M
- Return on assets improvedROA up on the prior year0.7% → 1.0%
- Earnings backed by cashOperating cash flow above net income-$38.70M vs $165.59M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise65M → 63M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.07 → 0.08