Bank of Hawaii Corporation (BOH) Key Metrics
BOH valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.65B
- Enterprise value
- $3.18B
- P/E (TTM)
- 12.5 10-yr median 16.9
- Forward P/E
- 13.2
- PEG ratio
- 2.10
- Price / sales
- 3.5 10-yr median 4.1
- Price / book
- 1.8 10-yr median 2.2
- EV / EBITDA
- — 10-yr median 4.9
- Dividend yield
- 4.16% $2.80 a year
- Beta
- 0.71
BOH key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBOH valuation Price multiples at each fiscal year-end price.
BOH returns How much profit the business earns on the capital it uses.
BOH per-share figures Results divided by the shares outstanding at year-end.
BOH financial health Debt, liquidity and how easily interest is covered.
BOH efficiency & capital use Working capital cycle and where the cash goes.
BOH valuation history
BOH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BOH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BOH cash returned to shareholders
BOH price vs earnings per share
BOH key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.74B | $2.83B | $2.86B | $3.09B | $3.35B | $3.06B | $3.87B | $2.83B | $3.65B | $3.80B |
| Enterprise value | $1.88B | $959.3M | $252.5M | $1.16B | −$555.9M | −$247.7M | $1.74B | $1.13B | $1.59B | $1.75B |
| P/E ratio | 13.3 | 18.9 | 16.7 | 13.7 | 13.2 | 19.9 | 17.1 | 12.9 | 19.8 | 21.0 |
| Price / sales | 2.6 | 2.7 | 3.0 | 4.1 | 4.9 | 4.2 | 5.0 | 3.9 | 5.3 | 5.8 |
| Price / book | 1.5 | 1.7 | 2.0 | 2.3 | 2.1 | 2.2 | 3.0 | 2.2 | 3.0 | 3.3 |
| Price / free cash flow | 14.8 | 16.8 | 20.3 | 10.1 | 9.5 | 27.0 | 21.5 | 10.0 | 25.2 | 18.0 |
| Price / operating cash flow | 12.5 | 15.8 | 19.0 | 9.3 | 8.9 | 20.9 | 16.5 | 8.9 | 20.8 | 16.8 |
| EV / sales | 1.8 | 0.9 | 0.3 | 1.5 | -0.8 | -0.3 | 2.3 | 1.6 | 2.3 | 2.7 |
| EV / EBITDA | 6.4 | 4.2 | 1.0 | 3.6 | — | — | 5.5 | 4.0 | 5.7 | 6.4 |
| EV / free cash flow | 10.2 | 5.7 | 1.8 | 3.8 | — | — | 9.7 | 4.0 | 11.0 | 8.3 |
| Earnings yield | 7.5% | 5.3% | 6.0% | 7.3% | 7.6% | 5.0% | 5.8% | 7.8% | 5.1% | 4.8% |
| Free cash flow yield | 6.7% | 6.0% | 4.9% | 9.9% | 10.6% | 3.7% | 4.7% | 10.0% | 4.0% | 5.6% |
| Dividend yield | 4.9% | 4.4% | 4.2% | 3.9% | 3.4% | 3.5% | 2.7% | 3.5% | 2.4% | 2.1% |
| Shareholder yield (dividends + buybacks) | 5.2% | 4.6% | 4.7% | 5.7% | 4.3% | 4.1% | 6.3% | 6.7% | 3.7% | 3.8% |
| Share price at fiscal year-end | $68.37 | $71.24 | $72.46 | $77.56 | $83.76 | $76.62 | $95.16 | $67.32 | $85.70 | $88.69 |
| Per share | ||||||||||
| Revenue per share | $26.54 | $25.93 | $24.49 | $18.97 | $17.21 | $18.32 | $18.96 | $17.12 | $16.18 | $15.18 |
| Earnings per share | $5.15 | $3.78 | $4.34 | $5.68 | $6.33 | $3.86 | $5.56 | $5.23 | $4.33 | $4.23 |
| Operating cash flow per share | $5.46 | $4.49 | $3.81 | $8.37 | $9.42 | $3.67 | $5.76 | $7.57 | $4.11 | $5.28 |
| Free cash flow per share | $4.61 | $4.25 | $3.57 | $7.65 | $8.86 | $2.84 | $4.44 | $6.73 | $3.40 | $4.93 |
| Cash per share | $23.66 | $65.89 | $86.48 | $79.55 | $111.72 | $102.09 | $71.91 | $55.60 | $58.66 | $55.00 |
| Book value per share | $46.28 | $42.01 | $35.87 | $33.10 | $40.24 | $34.46 | $31.66 | $30.20 | $28.91 | $27.09 |
| Tangible book value per share | $45.05 | $40.73 | $34.54 | $31.74 | $38.89 | $33.17 | $30.27 | $28.87 | $27.59 | $25.80 |
| Dividends per share | $3.35 | $3.15 | $3.04 | $3.03 | $2.84 | $2.69 | $2.59 | $2.35 | $2.04 | $1.89 |
| Capex per share | $0.85 | $0.24 | $0.24 | $0.72 | $0.56 | $0.83 | $1.33 | $0.84 | $0.72 | $0.35 |
| Debt per share | $2.31 | $18.82 | $20.43 | $31.07 | $14.08 | $19.26 | $19.63 | $15.24 | $10.37 | $7.04 |
| Shares outstanding | 40.0M | 39.7M | 39.4M | 39.8M | 40.1M | 39.9M | 40.6M | 42.0M | 42.6M | 42.9M |
| Change in shares outstanding | +0.8% | +0.7% | −0.9% | −0.7% | +0.4% | −1.9% | −3.2% | −1.4% | −0.6% | −1.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 11.7% | 9.7% | 12.5% | 15.4% | 17.0% | 11.6% | 17.7% | 17.6% | 15.4% | 15.9% |
| Return on invested capital (ROIC) | 51.7% | — | — | — | — | — | — | — | — | — |
| Return on assets (ROA) | 0.9% | 0.6% | 0.7% | 1.0% | 1.2% | 0.8% | 1.3% | 1.3% | 1.1% | 1.1% |
| Return on tangible assets | 0.9% | 0.6% | 0.7% | 1.0% | 1.1% | 0.7% | 1.3% | 1.3% | 1.1% | 1.1% |
| Free cash flow margin | 17.4% | 16.4% | 14.6% | 40.3% | 51.5% | 15.5% | 23.4% | 39.3% | 21.0% | 32.5% |
| Income quality (OCF / net income) | 1.06 | 1.19 | 0.88 | 1.47 | 1.49 | 0.95 | 1.04 | 1.45 | 0.95 | 1.25 |
| Financial health | ||||||||||
| Total debt | $92.4M | $747.1M | $805.4M | $1.24B | $564.1M | $768.5M | $798.1M | $640.1M | $441.8M | $301.8M |
| Cash & short-term investments | $946.5M | $2.62B | $3.41B | $3.17B | $4.47B | $4.07B | $2.92B | $2.34B | $2.50B | $2.36B |
| Net debt | −$854.1M | −$1.87B | −$2.60B | −$1.93B | −$3.91B | −$3.30B | −$2.13B | −$1.69B | −$2.06B | −$2.06B |
| Debt / equity | 0.05 | 0.45 | 0.57 | 0.94 | 0.35 | 0.56 | 0.62 | 0.50 | 0.36 | 0.26 |
| Debt / assets | 0.00 | 0.03 | 0.03 | 0.05 | 0.02 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 |
| Net debt / EBITDA | −2.92 | −8.15 | −10.01 | −5.96 | −10.92 | −14.91 | −6.73 | −5.96 | −7.32 | −7.55 |
| Current ratio | 11.00 | 0.14 | 0.17 | 0.16 | 0.22 | 0.23 | 0.19 | 0.17 | 393.15 | 489.89 |
| Quick ratio | 11.00 | 0.14 | 0.16 | 0.18 | 0.25 | 0.26 | 0.23 | 0.20 | 472.41 | 667.56 |
| Interest coverage | 0.7 | 0.5 | 0.7 | 5.1 | 11.1 | 3.8 | 3.2 | 4.2 | 5.8 | 6.4 |
| Working capital | $924.0M | −$17.96B | −$17.68B | −$18.03B | −$16.16B | −$14.56B | −$13.27B | −$12.95B | $2.72B | $2.61B |
| Invested capital | $997.1M | −$201.1M | −$1.19B | −$611.9M | −$2.30B | −$1.93B | −$838.2M | −$426.7M | −$825.7M | −$895.0M |
| Tangible asset value | $1.80B | $1.62B | $1.36B | $1.26B | $1.56B | $1.32B | $1.23B | $1.21B | $1.18B | $1.11B |
| Net current asset value | −$21.31B | −$19.12B | −$18.75B | −$18.97B | −$16.52B | −$14.97B | −$13.68B | −$13.29B | −$13.13B | −$12.72B |
| Graham number | $73.21 | $59.76 | $59.20 | $65.01 | $75.68 | $54.67 | $62.92 | $59.60 | $53.10 | $50.79 |
| Graham net-net per share | −$533.11 | −$483.33 | −$473.83 | −$484.24 | −$421.86 | −$385.46 | −$346.04 | −$325.03 | −$315.90 | −$309.13 |
| Capital allocation | ||||||||||
| Dividends paid | $134.0M | $125.0M | $119.7M | $120.4M | $113.6M | $107.4M | $105.5M | $98.5M | $87.1M | $81.2M |
| Share buybacks (net) | $8.8M | $5.3M | $14.3M | $55.1M | $31.3M | $18.0M | $137.6M | $92.0M | $47.1M | $61.8M |
| Dividend payout ratio | 65.1% | 83.3% | 69.9% | 53.3% | 44.8% | 69.9% | 46.7% | 44.9% | 47.1% | 44.7% |
| Dividends + buybacks / free cash flow | 77.5% | 77.2% | 95.1% | 57.7% | 40.8% | 110.9% | 134.8% | 67.4% | 92.7% | 67.6% |
| Capex / revenue | 3.2% | 0.9% | 1.0% | 3.8% | 3.2% | 4.6% | 7.0% | 4.9% | 4.4% | 2.3% |
| Capex / operating cash flow | 15.6% | 5.4% | 6.3% | 8.6% | 5.9% | 22.7% | 23.0% | 11.1% | 17.4% | 6.7% |
| Capex / depreciation | 1.12 | 0.31 | 0.28 | 0.87 | 0.69 | 1.02 | 1.80 | 2.45 | 2.34 | 1.18 |
| Stock-based compensation / revenue | 1.5% | 1.4% | 1.6% | 2.1% | 1.9% | 1.0% | 1.1% | 1.1% | 1.1% | 1.0% |
| SG&A / revenue | 25.7% | 24.9% | 26.5% | 33.4% | 35.5% | 30.3% | 29.5% | 31.6% | 31.7% | 32.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 41.6 | 55.5 | 53.1 | 72.7 | 87.0 | 88.8 | 102.5 | 121.0 | 128.7 | 141.4 |
| Days of inventory on hand | — | — | -143.3 | -4,221.5 | 11,531.8 | -1,452.0 | -2,126.6 | -2,690.5 | -4,308.8 | -3,834.0 |
| Days payables outstanding | 28.8 | 33.9 | 28.7 | 45.4 | -66.0 | 14.3 | 28.1 | 35.9 | 35.3 | 42.0 |
| Cash conversion cycle (days) | 12.8 | 21.7 | -118.9 | -4,194.3 | 11,684.7 | -1,377.5 | -2,052.2 | -2,605.4 | -4,215.4 | -3,734.5 |
| Receivables turnover | 8.77 | 6.57 | 6.87 | 5.02 | 4.20 | 4.11 | 3.56 | 3.02 | 2.84 | 2.58 |
| Payables turnover | 12.66 | 10.77 | 12.71 | 8.04 | −5.53 | 25.52 | 12.97 | 10.16 | 10.33 | 8.70 |
| Asset turnover | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Average receivables | $121.0M | $156.7M | $140.5M | $150.3M | $164.3M | $177.8M | $216.5M | $238.3M | $243.1M | $252.2M |
| Average payables | $28.6M | $37.9M | $25.4M | $6.1M | $3.8M | $6.6M | $8.1M | $7.6M | $6.1M | $5.2M |
| Average inventory | — | — | −$126.5M | −$566.8M | −$665.8M | −$667.9M | −$615.7M | −$569.4M | −$749.1M | −$473.4M |
| Intangibles / total assets | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.3% | 0.3% | 0.3% | 0.3% |
Computed from BOH's annual financial statements (latest annual report filed February 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BOH valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Bank of Hawaii traded at 13.3 times earnings, against a 10-year median of 16.9. Based on the latest twelve months, the trailing P/E is 12.5 and the forward P/E is 13.2. Bank of Hawaii earned a return on equity of 11.7% and a return on invested capital of 51.7% in fiscal 2025. It ended the year with $92.4 million of debt and $946.5 million in cash and short-term investments, a net cash position of $854.1 million. It returned $142.8 million to shareholders: $134.0 million in dividends and $8.8 million in share buybacks, 77% of free cash flow. The share count fell 6.7% from 42.9M to 40.0M over 9 years.
See the BOH income statement, the BOH chart for price history, or the BOH stock overview for the latest quote and news.
BOH key metrics FAQ
What is Bank of Hawaii's P/E ratio?
Bank of Hawaii's trailing P/E ratio is 12.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 13.2. At the end of fiscal 2025 it was 13.3, compared with a 10-year median of 16.9.
What is Bank of Hawaii's EV/EBITDA?
Bank of Hawaii's enterprise value was 6.4 times EBITDA at the end of fiscal 2025 (enterprise value $1.9 billion, EBITDA $292.4 million).
What is Bank of Hawaii's return on equity?
Bank of Hawaii's return on equity (ROE) was 11.7% in fiscal 2025: net income of $205.9 million on average shareholders' equity of $1.8 billion.
What is Bank of Hawaii's ROIC?
Bank of Hawaii's return on invested capital was 51.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Bank of Hawaii have?
Bank of Hawaii had total debt of $92.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.05 and more cash than debt.
What is Bank of Hawaii's dividend yield?
Bank of Hawaii's forward dividend yield is 4.16%. Bank of Hawaii paid $134.0 million in dividends in fiscal 2025 ($3.35 per share), a payout ratio of 65.1%.
Does Bank of Hawaii buy back its shares?
Yes. Bank of Hawaii spent $8.8 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.8% over the year, to 40.0M..
What is Bank of Hawaii's free cash flow yield?
Bank of Hawaii generated $184.3 million of free cash flow in fiscal 2025, a free cash flow yield of 6.7% on its market value at year-end ($2.7 billion).
What is Bank of Hawaii's current ratio?
Bank of Hawaii's current ratio was 11.00 at the end of fiscal 2025: current assets were 11.00 times current liabilities.