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

$37.28+0.78(0.02%)After hours

Market Cap

$2.16B

P/E

15.3x

P/S

1.4x

P/B

1.0x

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: 38/100

Grade capped at D — Interest coverage below 1× (0.5x) — earnings cannot cover interest. Strongest: Balance Sheet & Red Flags (16/25); weakest: Cash & Earnings Quality (4/25).

Profitability10/25

Growth8/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality4/25

Strengths

Low leverageNet cash positionNo share dilution

Grade capped at D

Interest coverage below 1× (0.5x) — 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 · 15.3x5y range 7.4x – 20.9x

Currently near its 20-quarter median.

P/S · 1.4x5y range 1.1x – 1.5x

Currently near its 20-quarter median.

P/B · 1.0x5y range 0.8x – 1.1x

Watch items

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

High Risk

Margin Pressure

Watch

Operating margins declined 7.1% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Red Flag

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

Price & Volume

Market Cap $2.16B

Metrics at a Glance

as of September 2026

Revenue & Profit

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

TTM Revenue: $1.55B
Q. Revenue: $378.96M
TTM EBITDA: $204.61M
TTM Op. Income: $188.84M
Q. Op. Income: $35.21M
TTM Net Income: $140.84M
Q. Net Income: $24.90M
EPS: $0.44
Shares Out.: $57.03M

$1.55B in TTM revenue declined 4.1% YoY, reaching $378.96M last quarter. TTM EBITDA of $204.61M and TTM operating income of $188.84M show growth is flowing through to the bottom line. TTM net income of $140.84M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 3 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 81.7%
EBITDA Margin: 9.4%
Op. Margin: 9.3%
Net Margin: 6.6%

Op. margin of 9.3% is down 5.3% YoY — costs are rising relative to revenue. Net margin at 6.6% and gross margin of 81.7% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

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

P/E Ratio: 15.3x
P/S Ratio: 1.4x
P/B Ratio: 1.0x

At 15.3x P/E, the stock trades within typical market levels. P/S of 1.4x and P/B of 1.0x 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 3 consecutive quarters — a weakening trend.

Assets & Liabilities

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

Total Assets: $16.22B
Cash: $1.22B
Long-Term Debt: $148.76M
Book Value: $2.10B
D/E Ratio: 0.1
Debt/EBITDA: 4.2

With $16.22B in assets and $148.76M in long-term debt, D/E is 0.1and book value is $2.10B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 5 consecutive quarters — a weakening trend.

Cash Flow

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

Op. Cash Flow: $507.82M
TTM Free Cash Flow: $109.89M
FCF Margin: 7.1%
FCF / Net Income: 0.8

TTM FCF of $109.89M on $507.82M in operating cash flow. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.