OFG Bancorp (OFG) Key Metrics
OFG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.22B
- Enterprise value
- $2.06B
- P/E (TTM)
- 10.4 10-yr median 9.9
- Forward P/E
- 7.4
- PEG ratio
- 0.92
- Price / sales
- 3.4 10-yr median 2.2
- Price / book
- 1.5 10-yr median 1.1
- EV / EBITDA
- —
- Dividend yield
- 2.56% $1.35 a year
- Beta
- 0.74
OFG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsOFG valuation Price multiples at each fiscal year-end price.
OFG returns How much profit the business earns on the capital it uses.
OFG per-share figures Results divided by the shares outstanding at year-end.
OFG financial health Debt, liquidity and how easily interest is covered.
OFG efficiency & capital use Working capital cycle and where the cash goes.
OFG valuation history
OFG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
OFG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
OFG cash returned to shareholders
OFG price vs earnings per share
OFG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.94B | $1.98B | $1.78B | $1.33B | $1.36B | $955.8M | $1.22B | $845.2M | $480.3M | $669.3M |
| Enterprise value | $1.48B | −$521.9M | −$840.4M | −$573.8M | −$1.07B | −$1.51B | −$522.1M | −$195.1M | −$476.8M | −$199.9M |
| P/E ratio | 9.5 | 10.0 | 9.8 | 8.0 | 9.3 | 12.9 | 22.7 | 10.0 | 9.1 | 11.3 |
| Price / sales | 2.3 | 2.4 | 2.4 | 2.2 | 2.5 | 1.8 | 2.8 | 2.1 | 1.2 | 1.7 |
| Price / book | 1.4 | 1.6 | 1.5 | 1.3 | 1.3 | 0.9 | 0.1 | 0.8 | 0.5 | 0.7 |
| Price / free cash flow | 9.7 | 9.4 | 6.4 | 10.0 | 17.7 | — | 12.6 | 6.9 | 3.3 | 9.1 |
| Price / operating cash flow | 8.9 | 7.9 | 6.0 | 8.1 | 13.6 | — | 11.1 | 6.3 | 3.2 | 8.5 |
| EV / sales | 1.7 | -0.6 | -1.2 | -1.0 | -2.0 | -2.8 | -1.2 | -0.5 | -1.2 | -0.5 |
| EV / EBITDA | 5.1 | — | — | — | — | — | — | — | — | — |
| EV / free cash flow | 7.4 | — | — | — | — | — | — | — | — | — |
| Earnings yield | 10.6% | 10.0% | 10.2% | 12.5% | 10.7% | 7.8% | 4.4% | 10.0% | 11.0% | 8.8% |
| Free cash flow yield | 10.3% | 10.6% | 15.6% | 10.0% | 5.6% | −10.9% | 7.9% | 14.4% | 30.2% | 10.9% |
| Dividend yield | 2.7% | 2.3% | 2.3% | 2.3% | 1.5% | 2.2% | 1.7% | 2.9% | 5.1% | 3.6% |
| Shareholder yield (dividends + buybacks) | 7.4% | 6.1% | 3.4% | 7.1% | 11.9% | 2.4% | 1.7% | 2.9% | 5.1% | 3.6% |
| Share price at fiscal year-end | $40.98 | $42.32 | $37.48 | $27.56 | $26.56 | $18.54 | $23.61 | $16.46 | $9.40 | $13.10 |
| Per share | ||||||||||
| Revenue per share | $18.21 | $17.54 | $15.31 | $12.36 | $10.49 | $10.50 | $8.31 | $7.81 | $7.59 | $7.55 |
| Earnings per share | $4.33 | $4.23 | $3.82 | $3.43 | $2.85 | $1.44 | $1.04 | $1.64 | $1.03 | $1.16 |
| Operating cash flow per share | $4.60 | $5.38 | $6.22 | $3.40 | $1.95 | −$1.72 | $2.12 | $2.60 | $2.96 | $1.54 |
| Free cash flow per share | $4.21 | $4.49 | $5.84 | $2.76 | $1.50 | −$2.02 | $1.87 | $2.37 | $2.84 | $1.43 |
| Cash per share | $21.96 | $62.46 | $59.88 | $40.53 | $49.33 | $50.44 | $37.26 | $25.10 | $22.13 | $24.70 |
| Book value per share | $29.35 | $26.74 | $25.10 | $21.52 | $20.81 | $21.06 | $176.77 | $19.47 | $18.50 | $18.02 |
| Tangible book value per share | $27.36 | $23.13 | $21.85 | $18.16 | $17.48 | $17.59 | $173.02 | $17.52 | $16.53 | $16.02 |
| Dividends per share | $1.10 | $0.97 | $0.86 | $0.62 | $0.41 | $0.41 | $0.40 | $0.48 | $0.48 | $0.47 |
| Capex per share | $0.39 | $0.89 | $0.38 | $0.64 | $0.45 | $0.30 | $0.25 | $0.22 | $0.13 | $0.10 |
| Debt per share | $12.25 | $9.01 | $4.73 | $1.12 | $1.85 | $2.62 | $3.55 | $4.84 | $3.40 | $7.69 |
| Shares outstanding | 47.4M | 46.9M | 47.6M | 48.4M | 51.4M | 51.6M | 51.7M | 51.3M | 51.1M | 51.1M |
| Change in shares outstanding | +1.0% | −1.4% | −1.8% | −5.7% | −0.4% | −0.3% | +0.7% | +0.5% | +0.0% | −0.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 15.5% | 16.2% | 16.3% | 15.7% | 13.6% | 1.5% | 1.1% | 8.7% | 5.6% | 6.5% |
| Return on invested capital (ROIC) | — | — | — | — | — | — | 1.5% | — | — | 14.6% |
| Return on assets (ROA) | 1.7% | 1.7% | 1.7% | 1.7% | 1.5% | 0.8% | 0.7% | 1.3% | 0.8% | 0.9% |
| Return on tangible assets | 1.7% | 1.7% | 1.6% | 1.7% | 1.5% | 0.8% | 0.6% | 1.3% | 0.9% | 0.9% |
| Free cash flow margin | 23.1% | 25.6% | 38.2% | 22.3% | 14.3% | −19.2% | 22.5% | 30.4% | 37.4% | 19.0% |
| Income quality (OCF / net income) | 1.06 | 1.27 | 1.63 | 0.99 | 0.68 | −1.19 | 2.04 | 1.58 | 2.88 | 1.33 |
| Financial health | ||||||||||
| Total debt | $580.5M | $422.6M | $224.8M | $54.4M | $95.1M | $134.9M | $183.7M | $248.6M | $173.9M | $392.8M |
| Cash & short-term investments | $1.04B | $2.93B | $2.85B | $1.96B | $2.53B | $2.60B | $1.93B | $1.29B | $1.13B | $1.26B |
| Net debt | −$459.9M | −$2.51B | −$2.62B | −$1.91B | −$2.44B | −$2.47B | −$1.74B | −$1.04B | −$957.1M | −$869.1M |
| Debt / equity | 0.42 | 0.34 | 0.19 | 0.05 | 0.09 | 0.12 | 0.02 | 0.25 | 0.18 | 0.43 |
| Debt / assets | 0.05 | 0.04 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 | 0.03 | 0.06 |
| Net debt / EBITDA | −1.58 | −8.94 | −8.99 | −7.11 | −10.23 | −20.79 | −20.52 | −7.27 | −12.18 | −9.03 |
| Current ratio | 0.12 | 0.32 | 0.31 | 0.24 | 0.30 | 0.32 | 0.54 | 2.09 | 2.17 | 2.11 |
| Quick ratio | 0.12 | 0.32 | 0.24 | 0.32 | 0.56 | 0.59 | 0.81 | 2.10 | 2.19 | 2.13 |
| Interest coverage | 1.5 | 1.6 | 3.0 | 7.3 | 5.1 | 1.5 | 1.5 | 3.0 | 1.6 | 1.5 |
| Working capital | −$9.37B | −$6.61B | −$6.78B | −$6.61B | −$6.05B | −$5.84B | −$1.73B | $2.69B | $2.63B | $2.62B |
| Invested capital | $930.1M | −$1.25B | −$1.43B | −$866.3M | −$1.37B | −$1.38B | $7.40B | −$40.4M | −$12.0M | $51.3M |
| Tangible asset value | $1.30B | $1.08B | $1.04B | $879.7M | $898.0M | $906.7M | $8.95B | $899.7M | $844.5M | $818.3M |
| Net current asset value | −$9.85B | −$7.17B | −$7.17B | −$6.70B | −$6.18B | −$6.01B | $1.91B | −$436.1M | −$375.4M | −$603.8M |
| Graham number | $53.47 | $50.42 | $46.47 | $40.77 | $36.50 | $26.14 | $64.35 | $26.84 | $20.71 | $21.67 |
| Graham net-net per share | −$209.30 | −$154.86 | −$145.85 | −$147.35 | −$143.09 | −$140.72 | $26.62 | −$82.40 | −$78.87 | −$83.28 |
| Capital allocation | ||||||||||
| Dividends paid | $51.9M | $45.6M | $41.0M | $30.1M | $21.0M | $20.9M | $20.9M | $24.8M | $24.4M | $24.0M |
| Share buybacks (net) | $91.6M | $74.7M | $20.3M | $64.1M | $141.9M | $2.2M | $0 | $0 | $0 | $315,000 |
| Dividend payout ratio | 25.3% | 23.0% | 22.5% | 18.1% | 14.4% | 28.1% | 38.8% | 29.4% | 46.4% | 40.6% |
| Dividends + buybacks / free cash flow | 72.0% | 57.1% | 22.1% | 70.6% | 211.5% | — | 21.6% | 20.4% | 16.8% | 33.2% |
| Capex / revenue | 2.1% | 5.1% | 2.5% | 5.2% | 4.3% | 2.8% | 3.0% | 2.9% | 1.7% | 1.4% |
| Capex / operating cash flow | 8.4% | 16.5% | 6.0% | 18.8% | 23.0% | — | 11.8% | 8.6% | 4.3% | 6.7% |
| Capex / depreciation | 0.72 | 1.56 | 0.65 | 1.28 | 0.96 | 0.64 | 1.34 | 1.12 | 0.62 | 0.48 |
| Stock-based compensation / revenue | 0.7% | 0.9% | 0.7% | 0.7% | 1.2% | 0.4% | 0.5% | 0.3% | 0.3% | 0.3% |
| SG&A / revenue | 21.2% | 22.0% | 24.2% | 26.9% | 28.1% | 28.0% | 21.5% | 22.2% | 23.6% | 24.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 49.4 | 31.7 | 33.5 | 36.3 | 41.3 | 68.7 | 103.7 | 111.5 | 119.0 | 66.6 |
| Days of inventory on hand | — | — | -137.6 | -9,296.2 | -19,629.5 | -3,852.4 | -1,270.5 | -134.8 | -98.7 | -107.7 |
| Days payables outstanding | — | — | — | 27,648.4 | 38,008.3 | 393.8 | 337.5 | 316.4 | 215.0 | 281.1 |
| Cash conversion cycle (days) | — | — | — | -36,908.3 | -57,596.5 | -4,177.6 | -1,504.4 | -339.7 | -194.7 | -322.2 |
| Receivables turnover | 7.38 | 11.50 | 10.88 | 10.06 | 8.83 | 5.31 | 3.52 | 3.27 | 3.07 | 5.48 |
| Payables turnover | — | — | — | 0.01 | 0.01 | 0.93 | 1.08 | 1.15 | 1.70 | 1.30 |
| Asset turnover | 0.07 | 0.07 | 0.07 | 0.06 | 0.05 | 0.06 | 0.05 | 0.06 | 0.06 | 0.06 |
| Average receivables | $116.8M | $71.5M | $66.9M | $59.5M | $61.1M | $101.9M | $122.1M | $122.4M | $126.4M | $70.4M |
| Average payables | — | — | — | $4.36B | $4.38B | $170.0M | $136.7M | $87.2M | $91.1M | $94.2M |
| Average inventory | — | — | −$56.1M | −$1.47B | −$2.26B | −$1.66B | −$514.5M | −$37.2M | −$41.8M | −$36.1M |
| Intangibles / total assets | 0.8% | 1.5% | 1.4% | 1.7% | 1.7% | 1.8% | 2.1% | 1.5% | 1.6% | 1.6% |
Computed from OFG's annual financial statements (latest annual report filed February 25, 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.
OFG valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), OFG Bancorp traded at 9.5 times earnings, against a 10-year median of 9.9. Based on the latest twelve months, the trailing P/E is 10.4 and the forward P/E is 7.4. OFG Bancorp earned a return on equity of 15.5% in fiscal 2025. It ended the year with $580.5 million of debt and $1.0 billion in cash and short-term investments, a net cash position of $459.9 million. It returned $143.5 million to shareholders: $51.9 million in dividends and $91.6 million in share buybacks, 72% of free cash flow. The share count fell 7.3% from 51.1M to 47.4M over 9 years.
See the OFG income statement, the OFG chart for price history, or the OFG stock overview for the latest quote and news.
OFG key metrics FAQ
What is OFG Bancorp's P/E ratio?
OFG Bancorp's trailing P/E ratio is 10.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 7.4. At the end of fiscal 2025 it was 9.5, compared with a 10-year median of 9.9.
What is OFG Bancorp's EV/EBITDA?
OFG Bancorp's enterprise value was 5.1 times EBITDA at the end of fiscal 2025 (enterprise value $1.5 billion, EBITDA $291.4 million).
What is OFG Bancorp's return on equity?
OFG Bancorp's return on equity (ROE) was 15.5% in fiscal 2025: net income of $205.1 million on average shareholders' equity of $1.3 billion.
How much debt does OFG Bancorp have?
OFG Bancorp had total debt of $580.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.42 and more cash than debt.
What is OFG Bancorp's dividend yield?
OFG Bancorp's forward dividend yield is 2.56%. OFG Bancorp paid $51.9 million in dividends in fiscal 2025 ($1.10 per share), a payout ratio of 25.3%.
Does OFG Bancorp buy back its shares?
Yes. OFG Bancorp spent $91.6 million on net share repurchases in fiscal 2025 Shares outstanding changed +1.0% over the year, to 47.4M..
What is OFG Bancorp's free cash flow yield?
OFG Bancorp generated $199.3 million of free cash flow in fiscal 2025, a free cash flow yield of 10.3% on its market value at year-end ($1.9 billion).
What is OFG Bancorp's current ratio?
OFG Bancorp's current ratio was 0.12 at the end of fiscal 2025: current assets were 0.12 times current liabilities.