HighPeak Energy, Inc. (HPK) Key Metrics
HPK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.33B
- Enterprise value
- $2.04B
- P/E (TTM)
- — 10-yr median 20.0
- Forward P/E
- 10.6
- PEG ratio
- —
- Price / sales
- 1.5 10-yr median 3.4
- Price / book
- 0.6 10-yr median 2.1
- EV / EBITDA
- 4.4 10-yr median 3.5
- Dividend yield
- 0.76% $0.08 a year
- Beta
- 0.36
HPK key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsHPK valuation Price multiples at each fiscal year-end price.
HPK returns How much profit the business earns on the capital it uses.
HPK per-share figures Results divided by the shares outstanding at year-end.
HPK financial health Debt, liquidity and how easily interest is covered.
HPK efficiency & capital use Working capital cycle and where the cash goes.
HPK valuation history
HPK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HPK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HPK cash returned to shareholders
HPK price vs earnings per share
HPK key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $593.8M | $1.90B | $1.75B | $2.54B | $1.39B | $1.47B | $949.8M |
| Enterprise value | $1.57B | $2.74B | $2.71B | $3.22B | $1.45B | $1.45B | $927.1M |
| P/E ratio | 31.3 | 20.0 | 8.1 | 10.7 | 25.0 | — | — |
| Price / sales | 0.7 | 1.8 | 1.6 | 3.4 | 6.3 | 59.6 | 117.0 |
| Price / book | 0.4 | 1.2 | 1.1 | 2.2 | 2.5 | 3.1 | 2.1 |
| Price / free cash flow | — | 27.4 | — | — | — | — | — |
| Price / operating cash flow | 1.2 | 2.8 | 2.3 | 5.0 | 9.4 | — | — |
| EV / sales | 1.8 | 2.6 | 2.4 | 4.3 | 6.6 | 58.9 | 114.2 |
| EV / EBITDA | 2.6 | 3.5 | 3.2 | 6.0 | 10.4 | — | — |
| EV / free cash flow | — | 39.6 | — | — | — | — | — |
| Earnings yield | 3.2% | 5.0% | 12.3% | 9.3% | 4.0% | −6.9% | −1.2% |
| Free cash flow yield | −1.8% | 3.6% | −21.1% | −31.8% | −10.4% | −8.4% | −7.7% |
| Dividend yield | 3.9% | 1.2% | 0.7% | 0.5% | 0.9% | 0.2% | 1.1% |
| Shareholder yield (dividends + buybacks) | 3.9% | 3.0% | 0.7% | 0.5% | 0.9% | 0.2% | 1.1% |
| Share price at fiscal year-end | $4.74 | $14.70 | $14.24 | $22.87 | $14.64 | $15.97 | $10.37 |
| Per share | |||||||
| Revenue per share | $6.89 | $8.28 | $9.03 | $6.80 | $2.32 | $0.27 | $0.09 |
| Earnings per share | $0.15 | $0.74 | $1.75 | $2.13 | $0.59 | −$1.10 | −$0.13 |
| Operating cash flow per share | $4.08 | $5.34 | $6.15 | $4.53 | $1.55 | $0.01 | −$0.01 |
| Free cash flow per share | −$0.08 | $0.54 | −$3.00 | −$7.26 | −$1.52 | −$1.34 | −$0.79 |
| Cash per share | $1.29 | $0.67 | $1.58 | $0.27 | $0.37 | $0.21 | $0.25 |
| Book value per share | $12.73 | $12.40 | $12.62 | $10.52 | $5.84 | $5.16 | $4.95 |
| Tangible book value per share | $12.73 | $12.40 | $12.62 | $10.52 | $5.84 | $5.15 | $4.94 |
| Dividends per share | $0.18 | $0.17 | $0.11 | $0.10 | $0.13 | $0.03 | $0.12 |
| Capex per share | $4.17 | $4.81 | $9.15 | $11.80 | $3.07 | $1.36 | $0.79 |
| Debt per share | $9.05 | $7.20 | $9.35 | $6.34 | $1.04 | $0.01 | — |
| Shares outstanding | 125.3M | 129.2M | 123.0M | 111.2M | 94.8M | 92.0M | 91.6M |
| Change in shares outstanding | −3.0% | +5.0% | +10.7% | +17.3% | +3.0% | +0.4% | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | 1.2% | 6.0% | 15.9% | 27.5% | 10.8% | −21.9% | −2.6% |
| Return on invested capital (ROIC) | 4.3% | 9.9% | 15.0% | 26.1% | 14.6% | −5.2% | −2.1% |
| Return on assets (ROA) | 0.6% | 3.1% | 8.1% | 15.3% | 8.2% | −19.6% | −2.3% |
| Return on tangible assets | 0.6% | 3.1% | 7.0% | 10.4% | 6.8% | −18.9% | −2.3% |
| Free cash flow margin | −1.2% | 6.5% | −33.3% | −106.8% | −65.4% | −501.1% | −895.8% |
| Income quality (OCF / net income) | 26.98 | 7.26 | 3.50 | 2.13 | 2.65 | — | — |
| Financial health | |||||||
| Total debt | $1.13B | $929.8M | $1.15B | $704.7M | $98.8M | $586,000 | — |
| Cash & short-term investments | $162.1M | $86.6M | $194.5M | $30.5M | $34.9M | $19.6M | $22.7M |
| Net debt | $971.7M | $843.1M | $956.3M | $674.2M | $63.9M | −$19.0M | −$22.7M |
| Debt / equity | 0.71 | 0.58 | 0.74 | 0.60 | 0.18 | 0.00 | — |
| Debt / assets | 0.34 | 0.30 | 0.37 | 0.31 | 0.12 | 0.00 | — |
| Net debt / EBITDA | 1.63 | 1.06 | 1.13 | 1.25 | 0.46 | — | — |
| Current ratio | 1.13 | 0.69 | 1.14 | 0.54 | 0.84 | 1.48 | 2.97 |
| Quick ratio | 1.10 | 0.65 | 1.12 | 0.49 | 0.81 | 1.48 | 2.96 |
| Interest coverage | 1.0 | 2.0 | 2.9 | 8.3 | 41.0 | — | — |
| Working capital | $29.6M | −$89.6M | $41.4M | −$121.6M | −$16.0M | $10.9M | $61.0M |
| Invested capital | $2.57B | $2.45B | $2.51B | $1.84B | $617.0M | $455.3M | $430.5M |
| Tangible asset value | $1.59B | $1.60B | $1.55B | $1.17B | $553.1M | $473.5M | $452.6M |
| Net current asset value | −$1.49B | −$1.27B | −$1.20B | −$965.3M | −$178.9M | −$30.4M | $47.3M |
| Graham number | $6.58 | $14.33 | $22.32 | $22.46 | $8.77 | — | — |
| Graham net-net per share | −$12.28 | −$10.10 | −$10.23 | −$9.00 | −$2.11 | −$0.39 | −$0.18 |
| Capital allocation | |||||||
| Dividends paid | $23.0M | $22.2M | $13.1M | $11.6M | $12.6M | $2.8M | $10.8M |
| Share buybacks (net) | $0 | $35.2M | $0 | $0 | $0 | — | — |
| Dividend payout ratio | 121.3% | 23.3% | 6.1% | 4.9% | 22.7% | — | — |
| Dividends + buybacks / free cash flow | — | 82.9% | — | — | — | — | — |
| Capex / revenue | 60.5% | 58.1% | 101.3% | 173.5% | 132.2% | 506.4% | 886.3% |
| Capex / operating cash flow | 102.1% | 90.0% | 148.9% | 260.2% | 197.9% | 9,511.1% | — |
| Capex / depreciation | 1.23 | 1.24 | 2.65 | 7.38 | 3.61 | 7.60 | 16.57 |
| Stock-based compensation / revenue | 0.1% | 1.2% | 2.3% | 4.4% | 3.0% | 64.1% | 0.0% |
| SG&A / revenue | 3.0% | 3.1% | 3.8% | 6.1% | 7.1% | 95.0% | 107.0% |
| Efficiency | |||||||
| Days sales outstanding | 29.8 | 30.7 | 31.4 | 32.8 | 42.0 | 139.9 | 339.9 |
| Days of inventory on hand | 5.0 | 4.8 | 6.0 | 10.6 | 6.2 | 1.8 | 8.3 |
| Days payables outstanding | 42.2 | 36.3 | 49.1 | 91.8 | 82.6 | 112.2 | 501.6 |
| Cash conversion cycle (days) | -7.5 | -0.8 | -11.8 | -48.3 | -34.4 | 29.5 | -153.5 |
| Receivables turnover | 12.26 | 11.89 | 11.63 | 11.12 | 8.68 | 2.61 | 1.07 |
| Payables turnover | 8.65 | 10.07 | 7.43 | 3.98 | 4.42 | 3.25 | 0.73 |
| Inventory turnover | 73.62 | 76.09 | 61.21 | 34.48 | 58.98 | 199.43 | 43.97 |
| Asset turnover | 0.27 | 0.35 | 0.41 | 0.49 | 0.32 | 0.05 | 0.02 |
| Average receivables | $70.4M | $89.9M | $95.6M | $68.0M | $25.3M | $9.4M | $7.6M |
| Average payables | $79.2M | $68.8M | $84.6M | $71.9M | $22.9M | $9.3M | $11.1M |
| Average inventory | $9.3M | $9.1M | $10.3M | $8.3M | $1.7M | $152,500 | $184,000 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% |
Computed from HPK's annual financial statements (latest annual report filed December 31, 2025) 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.
HPK valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), HighPeak Energy traded at 31.3 times earnings, against a 7-year median of 20.0. HighPeak Energy earned a return on equity of 1.2% and a return on invested capital of 4.3% in fiscal 2025. It ended the year with $1.1 billion of debt and $162.1 million in cash and short-term investments, net debt of $971.7 million. It returned $23.0 million to shareholders: $23.0 million in dividends and $0 in share buybacks. The share count rose 36.8% from 91.6M to 125.3M over 6 years.
See the HPK income statement, the HPK chart for price history, or the HPK stock overview for the latest quote and news.
HPK key metrics FAQ
What is HighPeak Energy's P/E ratio?
HighPeak Energy traded at 31.3 times earnings at the end of fiscal 2025.
What is HighPeak Energy's EV/EBITDA?
HighPeak Energy's enterprise value was 2.6 times EBITDA at the end of fiscal 2025 (enterprise value $1.6 billion, EBITDA $596.2 million); the current EV/EBITDA is 4.4.
What is HighPeak Energy's return on equity?
HighPeak Energy's return on equity (ROE) was 1.2% in fiscal 2025: net income of $19.0 million on average shareholders' equity of $1.6 billion.
What is HighPeak Energy's ROIC?
HighPeak Energy's return on invested capital was 4.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does HighPeak Energy have?
HighPeak Energy had total debt of $1.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.71 and $971.7 million of net debt (1.63 times EBITDA).
What is HighPeak Energy's dividend yield?
HighPeak Energy's forward dividend yield is 0.76%. HighPeak Energy paid $23.0 million in dividends in fiscal 2025 ($0.18 per share), a payout ratio of 121.3%.
What is HighPeak Energy's free cash flow yield?
HighPeak Energy generated -$10.6 million of free cash flow in fiscal 2025, a free cash flow yield of −1.8% on its market value at year-end ($593.8 million).
What is HighPeak Energy's current ratio?
HighPeak Energy's current ratio was 1.13 at the end of fiscal 2025: current assets were 1.13 times current liabilities.