Stock Yards Bancorp, Inc. (SYBT) Key Metrics
SYBT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.38B
- Enterprise value
- $2.01B
- P/E (TTM)
- 15.3 10-yr median 17.0
- Forward P/E
- 17.7
- PEG ratio
- 1.33
- Price / sales
- 5.7 10-yr median 4.7
- Price / book
- 2.0 10-yr median 2.3
- EV / EBITDA
- — 10-yr median 6.8
- Dividend yield
- 1.72% $1.32 a year
- Beta
- 0.75
SYBT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSYBT valuation Price multiples at each fiscal year-end price.
SYBT returns How much profit the business earns on the capital it uses.
SYBT per-share figures Results divided by the shares outstanding at year-end.
SYBT financial health Debt, liquidity and how easily interest is covered.
SYBT efficiency & capital use Working capital cycle and where the cash goes.
SYBT valuation history
SYBT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SYBT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SYBT cash returned to shareholders
SYBT price vs earnings per share
SYBT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.92B | $2.11B | $1.51B | $1.88B | $1.61B | $921.6M | $938.8M | $752.6M | $866.5M | $1.07B |
| Enterprise value | $2.28B | $1.53B | $777.8M | $824.1M | $450.2M | $382.6M | $544.0M | $358.2M | $531.2M | $626.3M |
| P/E ratio | 13.7 | 18.4 | 14.0 | 20.2 | 21.5 | 15.7 | 14.2 | 13.6 | 22.8 | 26.1 |
| Price / sales | 3.4 | 4.2 | 4.4 | 5.7 | 6.7 | 4.7 | 4.8 | 4.4 | 5.6 | 7.4 |
| Price / book | 1.8 | 2.2 | 1.8 | 2.5 | 2.4 | 2.1 | 2.3 | 2.1 | 2.6 | 3.4 |
| Price / free cash flow | 12.4 | 15.8 | 15.3 | 20.8 | 16.5 | 12.9 | 17.6 | 12.8 | 17.0 | 18.8 |
| Price / operating cash flow | 11.5 | 14.7 | 14.2 | 17.3 | 15.7 | 12.0 | 16.1 | 11.4 | 16.1 | 16.9 |
| EV / sales | 4.0 | 3.1 | 2.2 | 2.5 | 1.9 | 1.9 | 2.8 | 2.1 | 3.4 | 4.3 |
| EV / EBITDA | 12.3 | 9.7 | — | 5.8 | 4.2 | 4.9 | 6.8 | 4.9 | 7.7 | 9.3 |
| EV / free cash flow | 14.8 | 11.5 | 7.9 | 9.1 | 4.6 | 5.3 | 10.2 | 6.1 | 10.4 | 11.0 |
| Earnings yield | 7.3% | 5.4% | 7.1% | 4.9% | 4.6% | 6.4% | 7.0% | 7.4% | 4.4% | 3.8% |
| Free cash flow yield | 8.0% | 6.3% | 6.6% | 4.8% | 6.1% | 7.8% | 5.7% | 7.8% | 5.9% | 5.3% |
| Dividend yield | 1.9% | 1.7% | 2.3% | 1.8% | 1.8% | 2.7% | 2.5% | 2.9% | 2.1% | 1.5% |
| Shareholder yield (dividends + buybacks) | 2.0% | 1.9% | 2.5% | 2.0% | 2.0% | 2.9% | 3.8% | 3.2% | 2.4% | 1.7% |
| Share price at fiscal year-end | $64.95 | $71.61 | $51.49 | $64.98 | $63.88 | $40.48 | $41.06 | $32.80 | $37.70 | $46.95 |
| Per share | ||||||||||
| Revenue per share | $19.13 | $17.03 | $11.82 | $11.43 | $9.48 | $8.66 | $8.52 | $7.53 | $6.76 | $6.37 |
| Earnings per share | $4.75 | $3.89 | $3.67 | $3.21 | $2.97 | $2.59 | $2.89 | $2.42 | $1.66 | $1.80 |
| Operating cash flow per share | $5.63 | $4.86 | $3.64 | $3.76 | $4.06 | $3.39 | $2.56 | $2.87 | $2.34 | $2.78 |
| Free cash flow per share | $5.22 | $4.52 | $3.37 | $3.12 | $3.88 | $3.15 | $2.33 | $2.56 | $2.21 | $2.50 |
| Cash per share | $2.80 | $36.34 | $38.36 | $42.43 | $49.40 | $27.68 | $22.64 | $21.31 | $26.82 | $26.75 |
| Book value per share | $36.46 | $31.97 | $29.24 | $26.29 | $26.87 | $19.36 | $17.77 | $15.97 | $14.52 | $13.77 |
| Tangible book value per share | $29.12 | $24.45 | $21.49 | $18.19 | $21.07 | $18.60 | $17.06 | $15.85 | $14.40 | $13.64 |
| Dividends per share | $1.26 | $1.22 | $1.18 | $1.15 | $1.12 | $1.08 | $1.03 | $0.95 | $0.79 | $0.71 |
| Capex per share | $0.41 | $0.33 | $0.26 | $0.64 | $0.18 | $0.24 | $0.22 | $0.31 | $0.12 | $0.28 |
| Debt per share | $15.13 | $16.87 | $13.38 | $5.94 | $3.41 | $4.00 | $5.37 | $4.12 | $12.24 | $7.29 |
| Shares outstanding | 29.5M | 29.4M | 29.3M | 28.9M | 25.2M | 22.8M | 22.9M | 22.9M | 23.0M | 22.8M |
| Change in shares outstanding | +0.3% | +0.3% | +1.5% | +15.0% | +10.5% | −0.4% | −0.3% | −0.2% | +0.8% | +1.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 13.9% | 12.7% | 13.3% | 12.9% | 13.4% | 13.9% | 17.1% | 15.9% | 11.8% | 13.7% |
| Return on invested capital (ROIC) | 15.5% | 46.5% | — | — | — | — | — | — | — | — |
| Return on assets (ROA) | 1.5% | 1.3% | 1.4% | 1.3% | 1.3% | 1.4% | 1.9% | 1.7% | 1.2% | 1.4% |
| Return on tangible assets | 1.5% | 1.3% | 1.4% | 1.3% | 1.1% | 1.3% | 1.8% | 1.7% | 1.2% | 1.4% |
| Free cash flow margin | 27.3% | 26.6% | 28.5% | 27.3% | 40.9% | 36.3% | 27.4% | 34.1% | 32.7% | 39.2% |
| Income quality (OCF / net income) | 1.18 | 1.25 | 0.99 | 1.17 | 1.37 | 1.31 | 0.88 | 1.19 | 1.41 | 1.54 |
| Financial health | ||||||||||
| Total debt | $446.6M | $496.3M | $392.6M | $171.9M | $85.8M | $91.1M | $122.7M | $94.5M | $281.3M | $166.0M |
| Cash & short-term investments | $82.7M | $1.07B | $1.13B | $1.23B | $1.24B | $630.2M | $517.6M | $488.9M | $616.5M | $609.8M |
| Net debt | $363.9M | −$572.7M | −$733.1M | −$1.06B | −$1.16B | −$539.1M | −$394.9M | −$394.4M | −$335.2M | −$443.7M |
| Debt / equity | 0.42 | 0.53 | 0.46 | 0.23 | 0.13 | 0.21 | 0.30 | 0.26 | 0.84 | 0.53 |
| Debt / assets | 0.05 | 0.06 | 0.05 | 0.02 | 0.01 | 0.02 | 0.03 | 0.03 | 0.09 | 0.05 |
| Net debt / EBITDA | 1.96 | −3.63 | — | −7.48 | −10.84 | −6.96 | −4.90 | −5.37 | −4.88 | −6.59 |
| Current ratio | 0.02 | 0.15 | 0.17 | — | 0.22 | 0.16 | 0.17 | 0.18 | 0.22 | 0.23 |
| Quick ratio | 0.02 | 0.15 | 0.16 | — | 0.39 | 0.25 | 0.26 | 0.18 | 0.22 | 0.23 |
| Interest coverage | 1.1 | 0.9 | -66.9 | 6.6 | 15.9 | 5.7 | 3.4 | 4.4 | 7.6 | 11.4 |
| Working capital | −$7.79B | −$6.22B | −$5.66B | $1.25B | −$4.60B | −$3.39B | −$2.63B | −$2.34B | −$2.18B | −$2.02B |
| Invested capital | $1.44B | $367.7M | $125.0M | −$294.8M | −$480.9M | −$98.4M | $11.4M | −$27.9M | −$1.6M | −$129.9M |
| Tangible asset value | $859.3M | $719.3M | $630.6M | $526.1M | $529.9M | $423.5M | $390.1M | $363.7M | $330.9M | $310.9M |
| Net current asset value | −$8.34B | −$6.80B | −$6.13B | −$5.49B | −$4.69B | −$3.51B | −$2.77B | −$2.43B | −$2.28B | −$2.11B |
| Graham number | $62.42 | $52.92 | $49.15 | $43.61 | $42.35 | $33.56 | $33.99 | $29.49 | $23.25 | $23.62 |
| Graham net-net per share | −$283.19 | −$231.75 | −$208.49 | −$193.48 | −$206.92 | −$161.79 | −$127.37 | −$106.32 | −$99.21 | −$92.43 |
| Capital allocation | ||||||||||
| Dividends paid | $37.1M | $35.8M | $34.6M | $33.3M | $28.2M | $24.5M | $23.5M | $21.8M | $18.1M | $16.1M |
| Share buybacks (net) | $2.1M | $4.2M | $2.7M | $4.5M | $3.6M | $2.3M | $11.8M | $2.0M | $2.4M | $1.9M |
| Dividend payout ratio | 26.5% | 31.3% | 32.1% | 35.8% | 37.8% | 41.6% | 35.6% | 39.2% | 47.5% | 39.2% |
| Dividends + buybacks / free cash flow | 25.5% | 30.1% | 37.7% | 41.9% | 32.6% | 37.3% | 66.3% | 40.4% | 40.2% | 31.6% |
| Capex / revenue | 2.1% | 2.0% | 2.2% | 5.6% | 1.9% | 2.8% | 2.6% | 4.1% | 1.8% | 4.4% |
| Capex / operating cash flow | 7.3% | 6.9% | 7.2% | 17.0% | 4.5% | 7.1% | 8.7% | 10.7% | 5.2% | 10.0% |
| Capex / depreciation | 1.54 | 0.74 | 0.35 | 0.89 | 0.40 | 0.56 | 1.04 | 1.22 | 0.20 | 0.57 |
| Stock-based compensation / revenue | 0.8% | 0.8% | 1.3% | 1.3% | 1.9% | 1.7% | 1.8% | 2.3% | 1.9% | 1.7% |
| SG&A / revenue | 20.9% | 26.5% | 28.2% | 33.6% | 34.6% | 33.5% | 33.4% | 34.9% | 36.2% | 36.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 24.6 | 34.1 | 44.7 | 37.9 | 45.8 | 52.1 | 34.4 | 22.1 | 23.0 | 22.0 |
| Days of inventory on hand | — | — | -4.4 | -7,887.9 | -46,486.1 | -3,606.9 | -2,036.4 | 37.0 | 142.9 | 220.7 |
| Days payables outstanding | 3.8 | 4.4 | 0.1 | 6.1 | 24.0 | 6.2 | 10.9 | 10.0 | 7.0 | 6.2 |
| Cash conversion cycle (days) | 20.8 | 29.7 | 40.3 | -7,856.1 | -46,464.3 | -3,561.0 | -2,012.9 | 49.0 | 158.9 | 236.4 |
| Receivables turnover | 14.83 | 10.69 | 8.16 | 9.63 | 7.97 | 7.01 | 10.60 | 16.54 | 15.89 | 16.58 |
| Payables turnover | 95.28 | 82.66 | 5,011.38 | 59.43 | 15.19 | 58.91 | 33.59 | 36.34 | 52.11 | 58.44 |
| Inventory turnover | — | — | — | — | — | — | — | 9.88 | 2.55 | 1.65 |
| Asset turnover | 0.06 | 0.06 | 0.04 | 0.05 | 0.04 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 |
| Average receivables | $38.1M | $46.8M | $42.5M | $34.3M | $29.9M | $28.1M | $18.4M | $10.4M | $9.8M | $8.8M |
| Average payables | $1.8M | $2.0M | $1.4M | $480,000 | $345,500 | $515,500 | $701,000 | $497,000 | $188,000 | $135,500 |
| Average inventory | — | — | −$82.4M | −$616.5M | −$668.5M | −$300.1M | −$131.4M | $1.8M | $3.8M | $4.8M |
| Intangibles / total assets | 2.3% | 2.5% | 2.8% | 3.1% | 2.2% | 0.4% | 0.4% | 0.1% | 0.1% | 0.1% |
Computed from SYBT's annual financial statements (latest annual report filed February 26, 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.
SYBT valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Stock Yards Bancorp traded at 13.7 times earnings, against a 10-year median of 17.0. Based on the latest twelve months, the trailing P/E is 15.3 and the forward P/E is 17.7. Stock Yards Bancorp earned a return on equity of 13.9% and a return on invested capital of 15.5% in fiscal 2025. It ended the year with $446.6 million of debt and $82.7 million in cash and short-term investments, net debt of $363.9 million. It returned $39.2 million to shareholders: $37.1 million in dividends and $2.1 million in share buybacks, 25% of free cash flow. The share count rose 29.5% from 22.8M to 29.5M over 9 years.
See the SYBT income statement, the SYBT chart for price history, or the SYBT stock overview for the latest quote and news.
SYBT key metrics FAQ
What is Stock Yards Bancorp's P/E ratio?
Stock Yards Bancorp's trailing P/E ratio is 15.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 17.7. At the end of fiscal 2025 it was 13.7, compared with a 10-year median of 17.0.
What is Stock Yards Bancorp's EV/EBITDA?
Stock Yards Bancorp's enterprise value was 12.3 times EBITDA at the end of fiscal 2025 (enterprise value $2.3 billion, EBITDA $186.0 million).
What is Stock Yards Bancorp's return on equity?
Stock Yards Bancorp's return on equity (ROE) was 13.9% in fiscal 2025: net income of $140.2 million on average shareholders' equity of $1.0 billion.
What is Stock Yards Bancorp's ROIC?
Stock Yards Bancorp's return on invested capital was 15.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Stock Yards Bancorp have?
Stock Yards Bancorp had total debt of $446.6 million at the end of fiscal 2025, a debt-to-equity ratio of 0.42 and $363.9 million of net debt (1.96 times EBITDA).
What is Stock Yards Bancorp's dividend yield?
Stock Yards Bancorp's forward dividend yield is 1.72%. Stock Yards Bancorp paid $37.1 million in dividends in fiscal 2025 ($1.26 per share), a payout ratio of 26.5%.
Does Stock Yards Bancorp buy back its shares?
Yes. Stock Yards Bancorp spent $2.1 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.3% over the year, to 29.5M..
What is Stock Yards Bancorp's free cash flow yield?
Stock Yards Bancorp generated $154.0 million of free cash flow in fiscal 2025, a free cash flow yield of 8.0% on its market value at year-end ($1.9 billion).
What is Stock Yards Bancorp's current ratio?
Stock Yards Bancorp's current ratio was 0.02 at the end of fiscal 2025: current assets were 0.02 times current liabilities.