Pathfinder Bancorp, Inc. (PBHC) Key Metrics
PBHC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $104.9M
- Enterprise value
- $255.9M
- P/E (TTM)
- — 10-yr median 14.5
- Forward P/E
- 11.3
- PEG ratio
- —
- Price / sales
- 3.1 10-yr median 1.4
- Price / book
- 0.9 10-yr median 0.8
- EV / EBITDA
- — 10-yr median 0.8
- Dividend yield
- 1.87% $0.40 a year
- Beta
- 0.12
PBHC key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsPBHC valuation Price multiples at each fiscal year-end price.
Price / sales−11.4%
1.1
2025 · hover or tap a bar for each year
20162025
Price / book−15.6%
0.7
2025 · hover or tap a bar for each year
20162025
Price / free cash flow−75.9%
8.9
2025 · hover or tap a bar for each year
20162025
Free cash flow yield+8.5 pts
11.2%
2025 · hover or tap a bar for each year
20162025
PBHC returns How much profit the business earns on the capital it uses.
Return on equity−5.6 pts
−2.8%
2025 · hover or tap a bar for each year
20162025
Return on assets−0.5 pts
−0.2%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin+9.2 pts
12.7%
2025 · hover or tap a bar for each year
20162025
Asset turnover−3.9%
0.05
2025 · hover or tap a bar for each year
20162025
PBHC per-share figures Results divided by the shares outstanding at year-end.
Revenue per share−9.0%
$12.47
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$0.54
2025 · hover or tap a bar for each year
20162025
Free cash flow per share+234.2%
$1.58
2025 · hover or tap a bar for each year
20162025
Book value per share−4.4%
$19.05
2025 · hover or tap a bar for each year
20162025
Dividends per share−0.7%
$0.39
2025 · hover or tap a bar for each year
20162025
Shares outstanding+4.2%
6.3M
2025 · hover or tap a bar for each year
20162025
PBHC financial health Debt, liquidity and how easily interest is covered.
Debt / equity−21.1%
0.89
2025 · hover or tap a bar for each year
20162025
Net debt−$16.7M
−$181.1M
2025 · hover or tap a bar for each year
20162025
Current ratio+10,762.4%
26.41
2025 · hover or tap a bar for each year
20162025
Interest coverage
-0.1
2025 · hover or tap a bar for each year
20162025
Debt / assets−18.7%
0.08
2025 · hover or tap a bar for each year
20162025
PBHC efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding+1,999 days
2,030 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding−7 days
4 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle+2,006 days
2,026 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue−8.4 pts
1.6%
2025 · hover or tap a bar for each year
20162025
Dividends + buybacks / FCF−58.1 pts
24.6%
2025 · hover or tap a bar for each year
20162025
PBHC valuation history
Fiscal year-endToday10-year median
PBHC returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PBHC debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PBHC cash returned to shareholders
DividendsBuybacksFree cash flow
PBHC price vs earnings per share
Share price at year-endEPS (right axis)
PBHC key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $89.6M | $106.6M | $65.2M | $87.3M | $76.9M | $52.0M | $62.0M | $66.8M | $64.5M | $56.5M |
| Enterprise value | −$91.5M | −$57.7M | −$30.7M | $12.8M | −$41.2M | $4.3M | $41.7M | −$3.5M | −$39.7M | −$33.9M |
| P/E ratio | — | 31.5 | 7.0 | 6.7 | 6.2 | 7.5 | 14.5 | 16.6 | 18.5 | 17.3 |
| Price / sales | 1.1 | 1.3 | 0.9 | 1.5 | 1.5 | 1.1 | 1.4 | 1.8 | 2.0 | 2.0 |
| Price / book | 0.7 | 0.9 | 0.5 | 0.8 | 0.7 | 0.5 | 0.7 | 1.0 | 1.0 | 1.0 |
| Price / free cash flow | 8.9 | 37.1 | 4.8 | 5.3 | 4.1 | 1.1 | 13.7 | 20.3 | 13.3 | 11.3 |
| Price / operating cash flow | 7.9 | 9.5 | 4.2 | 4.0 | 3.8 | 1.1 | 7.6 | 7.4 | 9.4 | 8.9 |
| EV / sales | -1.2 | -0.7 | -0.4 | 0.2 | -0.8 | 0.1 | 0.9 | -0.1 | -1.2 | -1.2 |
| EV / EBITDA | — | — | — | 0.8 | — | 0.4 | 5.9 | — | — | — |
| EV / free cash flow | — | — | — | 0.8 | — | 0.1 | 9.2 | — | — | — |
| Earnings yield | −3.8% | 3.2% | 14.3% | 14.8% | 16.1% | 13.4% | 6.9% | 6.0% | 5.4% | 5.8% |
| Free cash flow yield | 11.2% | 2.7% | 20.7% | 18.9% | 24.6% | 87.1% | 7.3% | 4.9% | 7.5% | 8.9% |
| Dividend yield | 2.7% | 2.2% | 3.4% | 2.3% | 2.1% | 2.7% | 2.0% | 1.5% | 1.4% | 1.6% |
| Shareholder yield (dividends + buybacks) | 2.7% | 2.2% | 11.6% | 2.3% | 11.0% | 10.2% | 2.0% | 1.5% | 1.4% | 4.7% |
| Share price at fiscal year-end | $14.11 | $17.50 | $14.01 | $19.14 | $17.17 | $11.48 | $13.90 | $15.66 | $15.40 | $13.49 |
| Per share | ||||||||||
| Revenue per share | $12.47 | $13.70 | $15.44 | $12.36 | $11.40 | $10.65 | $10.27 | $8.85 | $7.77 | $6.75 |
| Earnings per share | −$0.54 | $0.56 | $2.00 | $2.84 | $2.77 | $1.53 | $0.96 | $0.94 | $0.83 | $0.78 |
| Operating cash flow per share | $1.78 | $1.84 | $3.32 | $4.77 | $4.50 | $10.28 | $1.82 | $2.11 | $1.63 | $1.52 |
| Free cash flow per share | $1.58 | $0.47 | $2.89 | $3.62 | $4.23 | $10.00 | $1.01 | $0.77 | $1.16 | $1.20 |
| Cash per share | $45.41 | $49.38 | $66.08 | $49.79 | $50.86 | $37.90 | $29.41 | $47.82 | $46.10 | $39.23 |
| Book value per share | $19.05 | $19.93 | $25.68 | $24.35 | $24.63 | $21.51 | $20.26 | $15.05 | $14.73 | $13.83 |
| Tangible book value per share | $17.41 | $18.12 | $24.69 | $23.33 | $23.59 | $20.48 | $19.21 | $13.95 | $13.61 | $12.70 |
| Dividends per share | $0.39 | $0.39 | $0.47 | $0.45 | $0.36 | $0.31 | $0.28 | $0.24 | $0.21 | $0.22 |
| Capex per share | $0.20 | $1.37 | $0.42 | $1.14 | $0.27 | $0.28 | $0.81 | $1.33 | $0.47 | $0.33 |
| Debt per share | $16.89 | $22.40 | $45.48 | $33.47 | $24.50 | $27.36 | $24.84 | $31.33 | $21.23 | $17.66 |
| Shares outstanding | 6.3M | 6.1M | 4.7M | 4.6M | 4.5M | 4.5M | 4.5M | 4.3M | 4.2M | 4.2M |
| Change in shares outstanding | +4.2% | +31.0% | +2.1% | +1.8% | −1.2% | +1.5% | +4.6% | +1.8% | −0.0% | −0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −2.8% | 2.8% | 8.1% | 11.7% | 11.9% | 7.4% | 5.5% | 6.4% | 5.8% | 5.1% |
| Return on invested capital (ROIC) | — | — | 31.3% | 90.5% | — | 11.8% | 13.4% | — | — | — |
| Return on assets (ROA) | −0.2% | 0.2% | 0.6% | 1.0% | 1.0% | 0.6% | 0.4% | 0.4% | 0.4% | 0.5% |
| Return on tangible assets | −0.2% | 0.2% | 0.6% | 0.9% | 1.0% | 0.6% | 0.4% | 0.4% | 0.4% | 0.4% |
| Free cash flow margin | 12.7% | 3.4% | 18.7% | 29.3% | 37.1% | 93.9% | 9.9% | 8.7% | 14.9% | 17.7% |
| Income quality (OCF / net income) | — | 3.31 | 1.66 | 1.68 | 1.62 | 6.70 | 1.90 | 2.23 | 1.96 | 1.95 |
| Financial health | ||||||||||
| Total debt | $107.2M | $136.5M | $211.6M | $152.6M | $109.7M | $124.0M | $110.9M | $133.6M | $88.9M | $74.0M |
| Cash & short-term investments | $288.3M | $300.9M | $307.4M | $227.0M | $227.7M | $171.7M | $131.3M | $204.0M | $193.1M | $164.4M |
| Net debt | −$181.1M | −$164.4M | −$95.8M | −$74.4M | −$118.0M | −$47.8M | −$20.4M | −$70.4M | −$104.2M | −$90.4M |
| Debt / equity | 0.89 | 1.12 | 1.77 | 1.37 | 0.99 | 1.27 | 1.23 | 2.08 | 1.44 | 1.28 |
| Debt / assets | 0.08 | 0.09 | 0.14 | 0.11 | 0.09 | 0.10 | 0.10 | 0.14 | 0.10 | 0.10 |
| Net debt / EBITDA | — | −25.30 | −7.30 | −4.54 | −6.62 | −4.91 | −2.91 | −12.21 | −19.21 | −16.57 |
| Current ratio | 26.41 | 0.24 | 0.25 | 0.20 | 0.22 | 0.18 | 0.15 | 0.27 | 0.26 | 0.26 |
| Quick ratio | 26.41 | 0.24 | 0.80 | −0.51 | 0.26 | 0.22 | 0.18 | 0.27 | 0.26 | 0.25 |
| Interest coverage | -0.1 | 0.1 | 0.4 | 1.6 | 2.1 | 0.8 | 0.4 | 0.5 | 0.7 | 1.2 |
| Working capital | $1.12B | −$958.3M | −$933.3M | −$953.6M | −$835.7M | −$823.8M | −$772.4M | −$559.3M | −$558.2M | −$486.1M |
| Invested capital | −$60.1M | −$42.9M | $23.7M | $36.6M | −$7.8M | $49.7M | $70.0M | −$6.1M | −$42.5M | −$32.5M |
| Tangible asset value | $110.5M | $110.4M | $115.6M | $106.9M | $106.0M | $93.1M | $86.0M | $59.8M | $57.0M | $53.2M |
| Net current asset value | −$142.3M | −$1.05B | −$1.03B | −$1.06B | −$942.3M | −$953.7M | −$868.1M | −$661.6M | −$623.4M | −$524.2M |
| Graham number | — | $15.78 | $33.97 | $39.42 | $39.18 | $27.24 | $20.90 | $17.89 | $16.62 | $15.59 |
| Graham net-net per share | −$56.80 | −$171.86 | −$295.32 | −$140.04 | −$215.33 | −$216.02 | −$197.37 | −$155.14 | −$148.92 | −$125.19 |
| Capital allocation | ||||||||||
| Dividends paid | $2.5M | $2.4M | $2.2M | $2.0M | $1.6M | $1.4M | $1.2M | $1.0M | $884,000 | $915,000 |
| Share buybacks (net) | — | — | $5.4M | — | $6.9M | $3.9M | $0 | $0 | $0 | $1.8M |
| Dividend payout ratio | — | 70.3% | 23.5% | 15.8% | 12.9% | 20.3% | 28.8% | 25.4% | 25.3% | 28.0% |
| Dividends + buybacks / free cash flow | 24.6% | 82.7% | 56.1% | 12.3% | 44.7% | 11.7% | 27.2% | 31.2% | 18.2% | 53.3% |
| Capex / revenue | 1.6% | 10.0% | 2.7% | 9.2% | 2.4% | 2.6% | 7.8% | 15.1% | 6.1% | 4.8% |
| Capex / operating cash flow | 11.2% | 74.3% | 12.7% | 24.0% | 6.0% | 2.7% | 44.3% | 63.4% | 28.9% | 21.4% |
| Capex / depreciation | 0.53 | 6.23 | 1.47 | 4.86 | 0.67 | 0.93 | 2.35 | 4.71 | 1.83 | 1.30 |
| Stock-based compensation / revenue | 1.2% | 0.3% | 0.6% | 1.1% | 1.2% | 1.2% | 1.4% | 2.0% | 2.2% | 2.0% |
| SG&A / revenue | 25.0% | 23.2% | 24.3% | 31.1% | 32.2% | 36.3% | 37.9% | 42.5% | 46.0% | 47.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 2,030.1 | 31.0 | 34.2 | 34.6 | 32.4 | 31.2 | 27.0 | 29.5 | 31.3 | 29.6 |
| Days of inventory on hand | — | — | 891.5 | 11,670.0 | -1,913.4 | -843.6 | -268.4 | 28.4 | 24.1 | 42.7 |
| Days payables outstanding | 3.6 | 10.5 | 18.6 | 15.8 | 6.4 | 6.9 | 8.2 | 8.5 | 5.9 | 10.5 |
| Cash conversion cycle (days) | 2,026.5 | 20.4 | 907.1 | 11,688.8 | -1,887.3 | -819.2 | -249.7 | 49.5 | 49.5 | 61.8 |
| Receivables turnover | 0.18 | 11.79 | 10.68 | 10.55 | 11.25 | 11.68 | 13.53 | 12.35 | 11.67 | 12.33 |
| Payables turnover | 100.33 | 34.64 | 19.67 | 23.03 | 57.22 | 52.87 | 44.27 | 43.02 | 61.75 | 34.72 |
| Inventory turnover | — | — | — | 0.03 | — | — | — | 12.85 | 15.13 | 8.54 |
| Asset turnover | 0.05 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 |
| Average receivables | $440.2M | $7.1M | $6.7M | $5.3M | $4.5M | $4.1M | $3.4M | $3.1M | $2.8M | $2.3M |
| Average payables | $485,000 | $1.4M | $1.6M | $540,500 | $149,500 | $294,500 | $350,000 | $245,000 | $130,500 | $137,000 |
| Average inventory | — | — | $77.4M | $398.0M | −$44.8M | −$36.0M | −$11.4M | $820,500 | $532,500 | $557,000 |
| Intangibles / total assets | 0.7% | 0.7% | 0.3% | 0.3% | 0.4% | 0.4% | 0.4% | 0.5% | 0.5% | 0.6% |
Computed from PBHC's annual financial statements (latest annual report filed March 30, 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.
PBHC valuation and financial ratios
Pathfinder Bancorp earned a return on equity of −2.8% in fiscal 2025. It ended the year with $107.2 million of debt and $288.3 million in cash and short-term investments, a net cash position of $181.1 million. It returned $2.5 million to shareholders: $2.5 million in dividends and $0 in share buybacks, 25% of free cash flow. The share count rose 51.5% from 4.2M to 6.3M over 9 years.
See the PBHC income statement, the PBHC chart for price history, or the PBHC stock overview for the latest quote and news.
PBHC key metrics FAQ
What is Pathfinder Bancorp's return on equity?
Pathfinder Bancorp's return on equity (ROE) was −2.8% in fiscal 2025: net income of -$3.4 million on average shareholders' equity of $121.2 million.
How much debt does Pathfinder Bancorp have?
Pathfinder Bancorp had total debt of $107.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.89 and more cash than debt.
What is Pathfinder Bancorp's dividend yield?
Pathfinder Bancorp's forward dividend yield is 1.87%. Pathfinder Bancorp paid $2.5 million in dividends in fiscal 2025 ($0.39 per share), a payout ratio of —.
What is Pathfinder Bancorp's free cash flow yield?
Pathfinder Bancorp generated $10.0 million of free cash flow in fiscal 2025, a free cash flow yield of 11.2% on its market value at year-end ($89.6 million).
What is Pathfinder Bancorp's current ratio?
Pathfinder Bancorp's current ratio was 26.41 at the end of fiscal 2025: current assets were 26.41 times current liabilities.