TriCo Bancshares (TCBK) Key Metrics
TCBK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.66B
- Enterprise value
- $1.66B
- P/E (TTM)
- 12.5 10-yr median 13.3
- Forward P/E
- 12.1
- PEG ratio
- 1.94
- Price / sales
- 3.9 10-yr median 3.5
- Price / book
- 1.2 10-yr median 1.3
- EV / EBITDA
- — 10-yr median 1.6
- Dividend yield
- 2.77% $1.44 a year
- Beta
- 0.67
TCBK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTCBK valuation Price multiples at each fiscal year-end price.
TCBK returns How much profit the business earns on the capital it uses.
TCBK per-share figures Results divided by the shares outstanding at year-end.
TCBK financial health Debt, liquidity and how easily interest is covered.
TCBK efficiency & capital use Working capital cycle and where the cash goes.
TCBK valuation history
TCBK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TCBK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TCBK cash returned to shareholders
TCBK price vs earnings per share
TCBK key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.55B | $1.45B | $1.43B | $1.67B | $1.28B | $1.05B | $1.25B | $908.3M | $880.2M | $789.1M |
| Enterprise value | $1.47B | $1.52B | −$23.4M | −$480.3M | −$1.53B | −$895.6M | $145.7M | −$345.6M | $140.4M | $24.9M |
| P/E ratio | 12.7 | 12.6 | 12.2 | 13.3 | 10.9 | 16.2 | 13.6 | 13.3 | 21.7 | 17.6 |
| Price / sales | 2.9 | 2.8 | 2.9 | 4.0 | 3.8 | 3.3 | 3.9 | 3.3 | 3.9 | 3.7 |
| Price / book | 1.2 | 1.2 | 1.2 | 1.6 | 1.3 | 1.1 | 1.4 | 1.1 | 1.7 | 1.7 |
| Price / free cash flow | 12.1 | 13.8 | 10.7 | 10.5 | 10.0 | 9.4 | 12.7 | 10.9 | 21.9 | 21.2 |
| Price / operating cash flow | 11.6 | 13.2 | 10.3 | 10.2 | 9.7 | 9.1 | 12.2 | 10.0 | 15.9 | 16.4 |
| EV / sales | 2.8 | 2.9 | -0.0 | -1.2 | -4.6 | -2.8 | 0.5 | -1.3 | 0.6 | 0.1 |
| EV / EBITDA | 8.0 | 8.9 | — | — | — | — | 1.0 | — | 1.6 | 0.3 |
| EV / free cash flow | 11.5 | 14.4 | — | — | — | — | 1.5 | — | 3.5 | 0.7 |
| Earnings yield | 7.9% | 7.9% | 8.2% | 7.5% | 9.2% | 6.2% | 7.4% | 7.5% | 4.6% | 5.7% |
| Free cash flow yield | 8.3% | 7.2% | 9.3% | 9.5% | 10.0% | 10.7% | 7.9% | 9.2% | 4.6% | 4.7% |
| Dividend yield | 2.9% | 3.0% | 2.8% | 2.1% | 2.3% | 2.5% | 2.0% | 2.1% | 1.7% | 1.7% |
| Shareholder yield (dividends + buybacks) | 5.0% | 4.1% | 3.4% | 3.8% | 2.7% | 5.1% | 2.2% | 2.3% | 1.9% | 2.0% |
| Share price at fiscal year-end | $47.37 | $43.70 | $42.97 | $50.99 | $42.96 | $35.28 | $40.81 | $33.79 | $37.86 | $34.18 |
| Per share | ||||||||||
| Revenue per share | $16.34 | $15.77 | $14.77 | $12.59 | $11.21 | $10.67 | $10.47 | $10.13 | $9.76 | $9.24 |
| Earnings per share | $3.73 | $3.46 | $3.52 | $3.83 | $3.94 | $2.18 | $3.00 | $2.54 | $1.74 | $1.94 |
| Operating cash flow per share | $4.08 | $3.30 | $4.16 | $4.98 | $4.42 | $3.86 | $3.35 | $3.39 | $2.38 | $2.09 |
| Free cash flow per share | $3.92 | $3.16 | $4.02 | $4.87 | $4.32 | $3.77 | $3.21 | $3.11 | $1.73 | $1.62 |
| Cash per share | $4.81 | $4.60 | $67.49 | $78.31 | $99.60 | $70.10 | $40.03 | $49.95 | $40.27 | $37.07 |
| Book value per share | $40.70 | $36.74 | $34.77 | $31.98 | $33.47 | $31.12 | $29.58 | $30.78 | $21.76 | $20.68 |
| Tangible book value per share | $31.23 | $27.39 | $25.32 | $22.17 | $25.67 | $23.09 | $21.61 | $21.47 | $18.48 | $17.23 |
| Dividends per share | $1.38 | $1.31 | $1.20 | $1.09 | $0.99 | $0.88 | $0.82 | $0.70 | $0.65 | $0.59 |
| Capex per share | $0.16 | $0.14 | $0.15 | $0.11 | $0.11 | $0.09 | $0.14 | $0.27 | $0.65 | $0.47 |
| Debt per share | $2.46 | $6.51 | $23.82 | $12.64 | $5.30 | $4.69 | $3.97 | $3.30 | $8.45 | $3.97 |
| Shares outstanding | 32.6M | 33.2M | 33.4M | 32.7M | 29.9M | 29.7M | 30.6M | 26.9M | 23.2M | 23.1M |
| Change in shares outstanding | −1.8% | −0.4% | +1.9% | +9.5% | +0.5% | −3.0% | +14.0% | +15.6% | +0.7% | +0.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 9.5% | 9.7% | 10.6% | 12.3% | 12.2% | 7.1% | 10.6% | 10.2% | 8.2% | 9.6% |
| Return on invested capital (ROIC) | 9.8% | 23.3% | — | — | — | — | — | — | — | — |
| Return on assets (ROA) | 1.2% | 1.2% | 1.2% | 1.4% | 1.4% | 0.9% | 1.4% | 1.2% | 0.9% | 1.0% |
| Return on tangible assets | 1.3% | 1.2% | 1.2% | 1.3% | 1.4% | 0.9% | 1.5% | 1.1% | 0.9% | 1.0% |
| Free cash flow margin | 24.0% | 20.1% | 27.2% | 38.7% | 38.5% | 35.3% | 30.7% | 30.7% | 17.7% | 17.5% |
| Income quality (OCF / net income) | 1.10 | 0.96 | 1.18 | 1.30 | 1.12 | 1.77 | 1.12 | 1.33 | 1.37 | 1.08 |
| Financial health | ||||||||||
| Total debt | $80.2M | $216.2M | $794.5M | $413.6M | $158.3M | $139.4M | $121.7M | $88.7M | $196.5M | $91.7M |
| Cash & short-term investments | $157.0M | $152.8M | $2.25B | $2.56B | $2.98B | $2.08B | $1.23B | $1.34B | $936.3M | $855.8M |
| Net debt | −$76.8M | $63.4M | −$1.46B | −$2.15B | −$2.82B | −$1.94B | −$1.10B | −$1.25B | −$739.9M | −$764.2M |
| Debt / equity | 0.06 | 0.18 | 0.69 | 0.40 | 0.16 | 0.15 | 0.13 | 0.11 | 0.39 | 0.19 |
| Debt / assets | 0.01 | 0.02 | 0.08 | 0.04 | 0.02 | 0.02 | 0.02 | 0.01 | 0.04 | 0.02 |
| Net debt / EBITDA | −0.42 | 0.37 | −8.10 | −11.17 | −15.57 | −18.52 | −7.67 | −12.07 | −8.62 | −9.51 |
| Current ratio | 0.02 | 0.02 | 0.29 | 4.51 | 58.85 | 0.32 | 0.23 | 76.36 | 51.73 | — |
| Quick ratio | 0.02 | 0.02 | 0.28 | 4.39 | 74.29 | 0.43 | 0.29 | 90.33 | 64.44 | — |
| Interest coverage | 1.4 | 1.1 | 2.0 | 18.3 | 29.7 | 9.2 | 8.2 | 7.3 | 11.4 | 12.7 |
| Working capital | −$8.08B | −$7.90B | −$5.58B | $101.8M | $2.95B | −$4.43B | −$4.14B | $1.34B | $931.7M | $869.2M |
| Invested capital | $1.25B | $1.28B | −$297.0M | −$1.10B | −$1.82B | −$1.02B | −$198.4M | −$426.5M | −$234.0M | −$286.8M |
| Tangible asset value | $1.02B | $910.0M | $844.7M | $725.3M | $766.9M | $686.4M | $662.1M | $577.1M | $429.6M | $397.8M |
| Net current asset value | −$8.30B | −$8.26B | −$6.45B | −$8.75B | −$4.61B | −$4.61B | −$4.32B | −$4.16B | −$3.31B | −$3.17B |
| Graham number | $58.41 | $53.46 | $52.47 | $52.52 | $54.45 | $39.07 | $44.72 | $41.96 | $29.22 | $30.05 |
| Graham net-net per share | −$254.72 | −$248.84 | −$192.91 | −$192.26 | −$167.75 | −$166.77 | −$145.88 | −$159.69 | −$147.34 | −$144.77 |
| Capital allocation | ||||||||||
| Dividends paid | $45.0M | $43.6M | $39.9M | $35.8M | $29.7M | $26.3M | $25.0M | $18.8M | $15.1M | $13.7M |
| Share buybacks (net) | $32.0M | $15.5M | $9.2M | $27.1M | $4.3M | $26.7M | $2.2M | $2.5M | $1.6M | $1.9M |
| Dividend payout ratio | 37.0% | 38.0% | 34.0% | 28.5% | 25.3% | 40.6% | 27.2% | 27.5% | 37.3% | 30.6% |
| Dividends + buybacks / free cash flow | 60.2% | 56.3% | 36.7% | 39.5% | 26.4% | 47.3% | 27.6% | 25.4% | 41.7% | 41.8% |
| Capex / revenue | 1.0% | 0.9% | 1.0% | 0.9% | 1.0% | 0.9% | 1.3% | 2.7% | 6.7% | 5.1% |
| Capex / operating cash flow | 4.0% | 4.2% | 3.5% | 2.2% | 2.4% | 2.4% | 4.2% | 8.1% | 27.4% | 22.7% |
| Capex / depreciation | 0.37 | 0.28 | 0.26 | 0.20 | 0.18 | 0.16 | 0.25 | 0.70 | 1.85 | 1.39 |
| Stock-based compensation / revenue | 0.9% | 0.9% | 0.8% | 0.9% | 0.8% | 0.6% | 0.5% | 0.5% | 0.7% | 0.7% |
| SG&A / revenue | 32.5% | 30.7% | 29.3% | 33.2% | 33.4% | 36.7% | 35.2% | 36.9% | 39.1% | 40.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 25.8 | 30.2 | 31.3 | 29.0 | 27.1 | 25.3 | 22.5 | 22.2 | 22.5 | 21.3 |
| Days of inventory on hand | — | — | 112.9 | -5,112.0 | 212,787.2 | -3,439.0 | -7,263.0 | -5,700.8 | -15,103.1 | 242,619.5 |
| Days payables outstanding | 28.8 | 25.7 | 16.6 | 13.7 | -329.9 | 13.2 | 58.7 | 34.6 | 46.3 | -1,166.8 |
| Cash conversion cycle (days) | -3.0 | 4.5 | 127.6 | -5,096.6 | 213,144.1 | -3,426.8 | -7,299.3 | -5,713.2 | -15,126.9 | 243,807.6 |
| Receivables turnover | 14.17 | 12.10 | 11.65 | 12.59 | 13.49 | 14.43 | 16.20 | 16.42 | 16.25 | 17.11 |
| Payables turnover | 12.69 | 14.22 | 21.99 | 26.73 | −1.11 | 27.74 | 6.21 | 10.56 | 7.88 | −0.31 |
| Inventory turnover | — | — | 3.23 | — | — | — | — | — | — | — |
| Asset turnover | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 |
| Average receivables | $37.6M | $43.3M | $42.3M | $32.7M | $24.8M | $22.0M | $19.8M | $16.6M | $14.0M | $12.5M |
| Average payables | $10.1M | $10.0M | $4.8M | $1.0M | $1.1M | $1.9M | $2.2M | $1.5M | $874,000 | $796,000 |
| Average inventory | — | — | $32.7M | −$392.1M | −$738.6M | −$492.5M | −$272.3M | −$241.4M | −$285.0M | −$165.5M |
| Intangibles / total assets | 3.1% | 3.2% | 3.2% | 3.2% | 2.7% | 3.1% | 3.8% | 3.9% | 1.6% | 1.8% |
Computed from TCBK's annual financial statements (latest annual report filed March 2, 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.
TCBK valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), TriCo Bancshares traded at 12.7 times earnings, against a 10-year median of 13.3. Based on the latest twelve months, the trailing P/E is 12.5 and the forward P/E is 12.1. TriCo Bancshares earned a return on equity of 9.5% and a return on invested capital of 9.8% in fiscal 2025. It ended the year with $80.2 million of debt and $157.0 million in cash and short-term investments, a net cash position of $76.8 million. It returned $77.1 million to shareholders: $45.0 million in dividends and $32.0 million in share buybacks, 60% of free cash flow. The share count rose 41.3% from 23.1M to 32.6M over 9 years.
See the TCBK income statement, the TCBK chart for price history, or the TCBK stock overview for the latest quote and news.
TCBK key metrics FAQ
What is TriCo Bancshares's P/E ratio?
TriCo Bancshares's trailing P/E ratio is 12.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 12.1. At the end of fiscal 2025 it was 12.7, compared with a 10-year median of 13.3.
What is TriCo Bancshares's EV/EBITDA?
TriCo Bancshares's enterprise value was 8.0 times EBITDA at the end of fiscal 2025 (enterprise value $1.5 billion, EBITDA $183.6 million).
What is TriCo Bancshares's return on equity?
TriCo Bancshares's return on equity (ROE) was 9.5% in fiscal 2025: net income of $121.6 million on average shareholders' equity of $1.3 billion.
What is TriCo Bancshares's ROIC?
TriCo Bancshares's return on invested capital was 9.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does TriCo Bancshares have?
TriCo Bancshares had total debt of $80.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.06 and more cash than debt.
What is TriCo Bancshares's dividend yield?
TriCo Bancshares's forward dividend yield is 2.77%. TriCo Bancshares paid $45.0 million in dividends in fiscal 2025 ($1.38 per share), a payout ratio of 37.0%.
Does TriCo Bancshares buy back its shares?
Yes. TriCo Bancshares spent $32.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.8% over the year, to 32.6M..
What is TriCo Bancshares's free cash flow yield?
TriCo Bancshares generated $127.9 million of free cash flow in fiscal 2025, a free cash flow yield of 8.3% on its market value at year-end ($1.5 billion).
What is TriCo Bancshares's current ratio?
TriCo Bancshares's current ratio was 0.02 at the end of fiscal 2025: current assets were 0.02 times current liabilities.