Community Trust Bancorp, Inc. (CTBI) Key Metrics
CTBI valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.36B
- Enterprise value
- $1.66B
- P/E (TTM)
- 12.6 10-yr median 11.3
- Forward P/E
- 11.2
- PEG ratio
- 1.03
- Price / sales
- 4.8 10-yr median 3.2
- Price / book
- 1.6 10-yr median 1.3
- EV / EBITDA
- — 10-yr median 5.6
- Dividend yield
- 3.46% $2.60 a year
- Beta
- 0.56
CTBI key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCTBI valuation Price multiples at each fiscal year-end price.
CTBI returns How much profit the business earns on the capital it uses.
CTBI per-share figures Results divided by the shares outstanding at year-end.
CTBI financial health Debt, liquidity and how easily interest is covered.
CTBI efficiency & capital use Working capital cycle and where the cash goes.
CTBI valuation history
CTBI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CTBI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CTBI cash returned to shareholders
CTBI price vs earnings per share
CTBI key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.02B | $953.3M | $785.1M | $819.9M | $776.4M | $657.9M | $827.4M | $701.2M | $831.5M | $871.3M |
| Enterprise value | $1.04B | −$152.0M | −$343.6M | −$273.5M | −$394.9M | $22.0M | $463.3M | $256.5M | $371.5M | $438.0M |
| P/E ratio | 10.4 | 11.5 | 10.1 | 10.0 | 8.8 | 11.1 | 12.8 | 11.8 | 16.1 | 18.4 |
| Price / sales | 2.5 | 2.5 | 2.4 | 3.2 | 3.3 | 2.8 | 3.5 | 3.1 | 4.1 | 4.5 |
| Price / book | 1.2 | 1.3 | 1.1 | 1.3 | 1.1 | 1.0 | 1.3 | 1.2 | 1.6 | 1.7 |
| Price / free cash flow | 10.5 | 9.8 | 9.9 | 8.8 | 6.9 | 10.8 | 10.2 | 11.2 | 13.9 | 15.0 |
| Price / operating cash flow | 9.7 | 9.1 | 9.2 | 8.2 | 6.7 | 10.5 | 9.9 | 10.7 | 13.3 | 14.2 |
| EV / sales | 2.6 | -0.4 | -1.1 | -1.1 | -1.7 | 0.1 | 2.0 | 1.1 | 1.8 | 2.2 |
| EV / EBITDA | 7.9 | — | — | — | — | 0.3 | 6.0 | 3.5 | 5.1 | 6.2 |
| EV / free cash flow | 10.7 | — | — | — | — | 0.4 | 5.7 | 4.1 | 6.2 | 7.6 |
| Earnings yield | 9.6% | 8.7% | 9.9% | 10.0% | 11.3% | 9.0% | 7.8% | 8.4% | 6.2% | 5.4% |
| Free cash flow yield | 9.5% | 10.2% | 10.1% | 11.4% | 14.6% | 9.3% | 9.8% | 8.9% | 7.2% | 6.6% |
| Dividend yield | 3.5% | 3.5% | 4.1% | 3.7% | 3.6% | 4.1% | 3.2% | 3.5% | 2.8% | 2.5% |
| Shareholder yield (dividends + buybacks) | 3.5% | 3.5% | 4.1% | 3.7% | 3.6% | 4.3% | 3.2% | 3.5% | 2.8% | 2.6% |
| Share price at fiscal year-end | $56.50 | $53.03 | $43.86 | $45.93 | $43.61 | $37.05 | $46.64 | $39.61 | $47.10 | $49.60 |
| Per share | ||||||||||
| Revenue per share | $22.66 | $20.92 | $18.23 | $14.32 | $13.40 | $13.01 | $13.28 | $12.62 | $11.57 | $11.10 |
| Earnings per share | $5.43 | $4.61 | $4.36 | $4.58 | $4.94 | $3.35 | $3.64 | $3.35 | $2.92 | $2.70 |
| Operating cash flow per share | $5.81 | $5.85 | $4.79 | $5.58 | $6.50 | $3.51 | $4.70 | $3.70 | $3.53 | $3.50 |
| Free cash flow per share | $5.39 | $5.40 | $4.44 | $5.24 | $6.36 | $3.43 | $4.56 | $3.54 | $3.40 | $3.30 |
| Cash per share | $20.25 | $79.29 | $80.19 | $77.60 | $84.36 | $59.22 | $37.12 | $41.69 | $43.67 | $42.73 |
| Book value per share | $47.39 | $42.14 | $39.23 | $35.18 | $39.22 | $36.88 | $34.66 | $31.87 | $30.06 | $28.50 |
| Tangible book value per share | $43.39 | $38.09 | $35.14 | $31.04 | $35.16 | $32.96 | $30.79 | $27.96 | $26.16 | $24.57 |
| Dividends per share | $1.99 | $1.86 | $1.80 | $1.68 | $1.57 | $1.53 | $1.48 | $1.38 | $1.30 | $1.26 |
| Capex per share | $0.42 | $0.45 | $0.35 | $0.35 | $0.13 | $0.08 | $0.14 | $0.16 | $0.14 | $0.20 |
| Debt per share | $21.58 | $17.81 | $17.13 | $16.34 | $18.57 | $23.41 | $16.60 | $16.57 | $17.61 | $18.06 |
| Shares outstanding | 18.1M | 18.0M | 17.9M | 17.9M | 17.8M | 17.8M | 17.7M | 17.7M | 17.7M | 17.6M |
| Change in shares outstanding | +0.5% | +0.4% | +0.3% | +0.3% | +0.3% | +0.1% | +0.2% | +0.3% | +0.5% | +0.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 12.2% | 11.3% | 11.7% | 12.3% | 13.0% | 9.4% | 10.9% | 10.8% | 10.0% | 9.7% |
| Return on invested capital (ROIC) | 36.8% | — | — | — | — | 44.1% | 34.9% | 62.3% | 74.6% | 54.2% |
| Return on assets (ROA) | 1.5% | 1.4% | 1.4% | 1.5% | 1.7% | 1.3% | 1.5% | 1.4% | 1.3% | 1.2% |
| Return on tangible assets | 1.5% | 1.4% | 1.4% | 1.5% | 1.6% | 1.2% | 1.5% | 1.4% | 1.3% | 1.2% |
| Free cash flow margin | 23.8% | 25.8% | 24.3% | 36.6% | 47.5% | 26.4% | 34.3% | 28.0% | 29.4% | 29.7% |
| Income quality (OCF / net income) | 1.07 | 1.27 | 1.10 | 1.22 | 1.32 | 1.05 | 1.29 | 1.11 | 1.21 | 1.30 |
| Financial health | ||||||||||
| Total debt | $389.8M | $320.2M | $306.7M | $291.8M | $330.6M | $415.6M | $294.4M | $293.3M | $310.9M | $317.3M |
| Cash & short-term investments | $365.8M | $1.43B | $1.44B | $1.39B | $1.50B | $1.05B | $658.5M | $738.0M | $770.8M | $750.6M |
| Net debt | $24.0M | −$1.11B | −$1.13B | −$1.09B | −$1.17B | −$635.9M | −$364.1M | −$444.8M | −$460.0M | −$433.2M |
| Debt / equity | 0.46 | 0.42 | 0.44 | 0.46 | 0.47 | 0.63 | 0.48 | 0.52 | 0.59 | 0.63 |
| Debt / assets | 0.06 | 0.05 | 0.05 | 0.05 | 0.06 | 0.08 | 0.07 | 0.07 | 0.08 | 0.08 |
| Net debt / EBITDA | 0.18 | −9.90 | −10.86 | −10.29 | −10.13 | −8.41 | −4.70 | −5.98 | −6.34 | −6.16 |
| Current ratio | 0.91 | 0.27 | 0.29 | 0.30 | — | 858.67 | 237.18 | 1.46 | 1.56 | 1.51 |
| Quick ratio | 0.91 | 0.27 | 0.31 | 0.34 | — | — | 342.59 | 1.45 | 1.54 | 1.49 |
| Interest coverage | 1.0 | 0.8 | 1.0 | 3.5 | 7.3 | 2.8 | 1.8 | 2.4 | 3.7 | 4.9 |
| Working capital | −$497.1M | −$3.87B | −$3.50B | −$3.24B | $1.52B | $1.07B | $670.5M | $1.10B | $1.23B | $1.08B |
| Invested capital | $880.1M | −$347.7M | −$426.4M | −$465.4M | −$473.1M | $19.0M | $250.8M | $119.4M | $70.7M | $67.4M |
| Tangible asset value | $783.8M | $684.7M | $629.1M | $554.1M | $625.9M | $585.3M | $546.1M | $495.1M | $461.7M | $431.6M |
| Net current asset value | −$627.3M | −$3.99B | −$3.61B | −$3.35B | −$3.20B | −$3.42B | −$3.08B | −$145.8M | −$171.0M | −$222.6M |
| Graham number | $76.08 | $66.09 | $62.02 | $60.23 | $66.02 | $52.73 | $53.27 | $48.98 | $44.42 | $41.57 |
| Graham net-net per share | −$101.65 | −$222.04 | −$204.23 | −$192.06 | −$189.39 | −$202.86 | −$182.14 | −$162.86 | −$159.52 | −$151.45 |
| Capital allocation | ||||||||||
| Dividends paid | $36.0M | $33.4M | $32.2M | $29.9M | $27.9M | $27.1M | $26.2M | $24.4M | $23.0M | $22.2M |
| Share buybacks (net) | — | — | — | $0 | $0 | $1.1M | $0 | $0 | $0 | $382,000 |
| Dividend payout ratio | 36.7% | 40.3% | 41.3% | 36.6% | 31.7% | 45.6% | 40.6% | 41.2% | 44.6% | 46.9% |
| Dividends + buybacks / free cash flow | 36.9% | 34.4% | 40.5% | 32.0% | 24.6% | 46.4% | 32.4% | 38.9% | 38.3% | 39.0% |
| Capex / revenue | 1.9% | 2.1% | 1.9% | 2.4% | 1.0% | 0.6% | 1.1% | 1.3% | 1.2% | 1.8% |
| Capex / operating cash flow | 7.2% | 7.7% | 7.4% | 6.2% | 2.1% | 2.4% | 3.1% | 4.3% | 3.8% | 5.7% |
| Capex / depreciation | 1.32 | 1.61 | 1.18 | 1.19 | 0.47 | 0.28 | 0.47 | 0.75 | 0.60 | 0.90 |
| Stock-based compensation / revenue | 0.4% | 0.4% | 0.5% | 0.5% | 0.4% | 0.4% | 0.4% | 0.3% | 0.3% | 0.2% |
| SG&A / revenue | 25.5% | 22.6% | 24.3% | 30.1% | 32.9% | 30.5% | 31.4% | 32.4% | 34.2% | 34.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 2,166.6 | 23.5 | 24.1 | 25.0 | 23.9 | 24.2 | 14.3 | 5.8 | 6.2 | 6.2 |
| Days of inventory on hand | — | — | -418.3 | -2,628.3 | -14,528.2 | -2,908.1 | -1,094.7 | 306.0 | 481.5 | 654.3 |
| Days payables outstanding | 25.8 | 20.8 | 17.2 | 17.7 | 47.4 | 18.0 | 13,320.7 | 33,810.6 | 44,857.4 | 51,632.6 |
| Cash conversion cycle (days) | 2,140.8 | 2.7 | -411.3 | -2,621.0 | -14,551.6 | -2,901.8 | -14,401.2 | -33,498.8 | -44,369.7 | -50,972.1 |
| Receivables turnover | 0.17 | 15.56 | 15.12 | 14.61 | 15.28 | 15.07 | 25.55 | 63.01 | 59.04 | 58.48 |
| Payables turnover | 14.14 | 17.56 | 21.27 | 20.62 | 7.71 | 20.33 | 0.03 | 0.01 | 0.01 | 0.01 |
| Inventory turnover | — | — | — | — | — | — | — | 1.19 | 0.76 | 0.56 |
| Asset turnover | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Average receivables | $2.43B | $24.2M | $21.6M | $17.5M | $15.6M | $15.3M | $9.2M | $3.5M | $3.5M | $3.3M |
| Average payables | $9.6M | $7.9M | $4.8M | $1.6M | $1.1M | $2.0M | $1.65B | $3.28B | $3.17B | $3.03B |
| Average inventory | — | — | −$117.3M | −$241.5M | −$346.4M | −$330.6M | −$136.0M | $29.7M | $34.1M | $38.4M |
| Intangibles / total assets | 1.1% | 1.2% | 1.3% | 1.4% | 1.3% | 1.4% | 1.6% | 1.6% | 1.7% | 1.8% |
Computed from CTBI's annual financial statements (latest annual report filed February 27, 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.
CTBI valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Community Trust Bancorp traded at 10.4 times earnings, against a 10-year median of 11.3. Based on the latest twelve months, the trailing P/E is 12.6 and the forward P/E is 11.2. Community Trust Bancorp earned a return on equity of 12.2% and a return on invested capital of 36.8% in fiscal 2025. It ended the year with $389.8 million of debt and $365.8 million in cash and short-term investments, net debt of $24.0 million. It returned $36.0 million to shareholders: $36.0 million in dividends and $0 in share buybacks, 37% of free cash flow.
See the CTBI income statement, the CTBI chart for price history, or the CTBI stock overview for the latest quote and news.
CTBI key metrics FAQ
What is Community Trust Bancorp's P/E ratio?
Community Trust Bancorp's trailing P/E ratio is 12.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.2. At the end of fiscal 2025 it was 10.4, compared with a 10-year median of 11.3.
What is Community Trust Bancorp's EV/EBITDA?
Community Trust Bancorp's enterprise value was 7.9 times EBITDA at the end of fiscal 2025 (enterprise value $1.0 billion, EBITDA $132.8 million).
What is Community Trust Bancorp's return on equity?
Community Trust Bancorp's return on equity (ROE) was 12.2% in fiscal 2025: net income of $98.1 million on average shareholders' equity of $806.8 million.
What is Community Trust Bancorp's ROIC?
Community Trust Bancorp's return on invested capital was 36.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Community Trust Bancorp have?
Community Trust Bancorp had total debt of $389.8 million at the end of fiscal 2025, a debt-to-equity ratio of 0.46 and $24.0 million of net debt (0.18 times EBITDA).
What is Community Trust Bancorp's dividend yield?
Community Trust Bancorp's forward dividend yield is 3.46%. Community Trust Bancorp paid $36.0 million in dividends in fiscal 2025 ($1.99 per share), a payout ratio of 36.7%.
What is Community Trust Bancorp's free cash flow yield?
Community Trust Bancorp generated $97.4 million of free cash flow in fiscal 2025, a free cash flow yield of 9.5% on its market value at year-end ($1.0 billion).
What is Community Trust Bancorp's current ratio?
Community Trust Bancorp's current ratio was 0.91 at the end of fiscal 2025: current assets were 0.91 times current liabilities.