Hilltop Holdings (HTH) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Hilltop Holdings

NYSE•Financial Services•Financial Conglomerates

$38.70-0.29(-0.01%)Pre-market

Market Cap

$2.24B

P/E

13.8x

P/S

1.4x

P/B

1.1x

Hilltop Holdings Inc. provides business and consumer banking services. The company operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance. It provides treasury management, asset management, check cards, safe deposit boxes, online banking, bill pay, and overdraft privilege services; and estate planning, management and administration, investment portfolio management, employee benefit accounts, and individual retirement accounts services, as well as automated teller machines. The Broker-Dealer segment offers public finance services that assist public entities in originating, syndicating, and distributing securities of municipalities and political subdivisions; specialized advisory and investment banking services; advice and guidance to arbitrage rebate compliance, portfolio management, and local government investment pool administration; advisory services and products for derivatives and commodities; agricultural insurance; and sells, trades in, and underwrites U.S. government and government agency bonds, corporate bonds, and municipal bonds; mortgage-backed, asset-backed, and commercial mortgage-backed securities and structured products; and provides asset and liability management advisory, clearing, retail, and securities lending services. The Mortgage Origination segment offers fixed and adjustable rate mortgages, jumbo, new construction, Federal Housing Administration, Veterans Affairs, and United States Department of Agriculture loans. Hilltop Holdings Inc. was incorporated in 1998 and is headquartered in Dallas, Texas.

How this company scores

WeakMetricSide Score: 49/100

Grade capped at D — Interest coverage below 1× (0.7x) — earnings cannot cover interest. Strongest: Profitability (16/25); weakest: Cash & Earnings Quality (4/25).

Profitability16/25

Growth13/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality4/25

Strengths

Low leverageProfit converts from growthNet cash positionNo share dilution

Grade capped at D

Interest coverage below 1× (0.7x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 13.8x5y range 6.1x – 21.0x

Currently near its 20-quarter median.

P/S · 1.4x5y range 1.2x – 1.5x

Currently near its 20-quarter median.

P/B · 1.1x5y range 0.8x – 1.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Revenue Decline

Watch

Revenue has softened, declining in 3 quarters. Watch for further erosion.

Price & Volume

Market Cap $2.24B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.59B
Q. Revenue: $389.00M
TTM EBITDA: $233.66M
TTM Op. Income: $214.44M
Q. Op. Income: $50.05M
TTM Net Income: $161.76M
Q. Net Income: $36.52M
EPS: $0.63
Shares Out.: $57.86M

$1.59B in TTM revenue declined 1.3% YoY, reaching $389.00M last quarter. TTM EBITDA of $233.66M and TTM operating income of $214.44M show growth is flowing through to the bottom line. TTM net income of $161.76M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 81.2%
EBITDA Margin: 12.9%
Op. Margin: 12.9%
Net Margin: 9.4%

Op. margin of 12.9% is up 0.2% YoY — cost efficiency is improving. Net margin at 9.4% and gross margin of 81.2% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 1% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 13.8x
P/S Ratio: 1.4x
P/B Ratio: 1.1x

At 13.8x P/E, the stock trades below typical market levels. P/S of 1.4x and P/B of 1.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $16.00B
Cash: $768.99M
Long-Term Debt: $148.70M
Book Value: $2.13B
D/E Ratio: 0.1
Debt/EBITDA: 3.0

With $16.00B in assets and $148.70M in long-term debt, D/E is 0.1and book value is $2.13B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 4 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-157.46M
TTM Free Cash Flow: $-122.74M
FCF Margin: -7.7%
FCF / Net Income: -0.8

TTM FCF of $-122.74M on $-157.46M in operating cash flow. The FCF / Net Income ratio of -0.8x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 130% — an improving trend.