First Financial Bancorp.
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
10.38
Price/Sales ratio
2.83
Earnings per Share (EPS)
$2.42

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
16.7714.6919.6716.7512.1712.6210.9511.2910.418.7111.5912.62
Price/Sales ratio
3.733.405.064.503.804.062.643.713.192.802.374.06
Price/Book Value ratio
1.391.362.011.741.011.110.741.021.110.981.041.01
Price/Cash Flow ratio
19.2412.0512.5813.388.0313.4215.535.9311.284.588.578.03
Price/Free Cash Flow ratio
23.6813.1213.5314.148.6415.1218.266.1714.384.918.848.64
Price/Earnings Growth ratio
0.521.351.092.020.504.10-0.530.321.320.525.500.50
Dividend Yield
3.19%3.54%2.24%2.53%3.79%3.56%5.25%3.76%3.82%3.90%3.46%3.56%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%140.01%99.99%100%
Operating Profit Margin
39.10%41.39%47.70%46.06%55.25%39.44%28.56%38.63%47.29%51.37%26.57%39.44%
Pretax Profit Margin
32.51%34.21%38.02%32.29%38.76%39.44%28.56%38.63%34.10%39.99%25.06%39.44%
Net Profit Margin
22.24%23.15%25.74%26.90%31.23%32.17%24.13%32.89%30.70%32.11%20.27%32.17%
Effective Tax Rate
31.59%32.33%32.28%16.68%19.43%18.44%15.50%14.84%9.97%19.69%19.10%19.10%
Return on Assets
0.90%0.92%1.04%1.08%1.23%1.36%0.97%1.25%1.27%1.45%1.21%1.36%
Return On Equity
8.29%9.27%10.23%10.39%8.30%8.81%6.82%9.08%10.66%11.28%9.45%8.30%
Return on Capital Employed
1.73%1.86%2.14%2.06%2.35%1.86%1.19%1.54%2.22%5.25%2.54%2.35%
Liquidity Ratios
Current Ratio
0.010.010.010.010.021.111.38N/AN/AN/A0.490.02
Quick Ratio
8.256.037.737.399.382.879.898.373.190.010.492.87
Cash ratio
0.210.150.250.200.270.170.480.580.310.100.120.17
Days of Sales Outstanding
348.10344.28443.69446.51371.95N/AN/A615.93750.18N/A191.98N/A
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A191.98N/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A191.98N/A
Debt Ratios
Debt Ratio
0.080.110.010.010.100.100.020.030.090.070.060.10
Debt Equity Ratio
0.741.190.130.120.680.690.140.270.800.560.470.69
Long-term Debt to Capitalization
0.020.120.120.110.210.150.120.140.140.130.120.15
Total Debt to Capitalization
0.420.540.120.110.400.410.120.210.440.360.320.41
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A7.57N/AN/AN/A0.93N/A
Cash Flow to Debt Ratio
0.090.091.151.010.180.110.320.610.120.380.250.18
Company Equity Multiplier
9.2010.069.759.556.736.456.997.228.327.737.406.73
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.190.280.400.330.470.300.170.620.280.610.270.30
Free Cash Flow / Operating Cash Flow Ratio
0.810.910.920.940.930.880.850.960.780.930.970.93
Cash Flow Coverage Ratio
0.090.091.151.010.180.110.320.610.120.380.250.18
Short Term Coverage Ratio
0.100.10N/AN/A0.300.16N/A1.590.150.510.360.30
Dividend Payout Ratio
53.61%52.04%44.19%42.54%46.15%44.98%57.56%42.55%39.79%34.06%40.12%44.98%