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Financials • CIK: 0001331520

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Market Cap
$5.49B
P/E (TTM)
11.5x
Rev Growth (TTM)
+7.2%
Net Margin (TTM)
43.6%
FCF Yield (TTM)
6.9%
FCF Margin (TTM)
34.6%

LATEST EARNINGS

Q4 FY2025
about 2 months ago
View source
Revenue
$282.09M
+9.2%
Net Income
$118.22M
+17.6%
EPS
$0.60
+17.6%
  • Annual net income reached a record $475.4 million, an 18% year-over-year increase.
  • Fourth quarter loan growth was $400.2 million, contributing to a record total loan portfolio of $15.69 billion.
  • Efficiency ratio improved to 39.54% in Q4 2025, down from 42.24% in Q4 2024.
  • Net interest margin (NIM) improved to 4.61% in Q4 2025 from 4.39% in Q4 2024.

Cash Flow Health

Free Cash Flow8/8 positive
TTM$377M
Q4 '25
$84M-25%
Q3 '25
$112M+59%
FCF Margin
TTM34.6%
Q4 '2529.9%-26%
Sector: 22.2%Top 25%
OCF Margin36.6%
OCF/NI0.84x
CapEx Coverage17.9x
FCF Yield6.9%
FCF Growth (2Y)-1%
Cash Conversion Cycle
0 days
DSO: 0+DIO: 0DPO: 0

Capital Allocation & Returns

Shareholder Friendly
Total Shareholder YieldTTM
TTM4.4%
Div Yield2.9%
+
Buyback (TTM)1.5%

Strong capital returns to shareholders

Dividend & Payout Metrics
Dividend Yield (TTM)2.9%
FCF Payout Ratio42.2%
Free Cash Flow (TTM)$377.0M
Stock Repurchases (TTM)$82.2M
Capital Return / FCF64.0%
Est. Dividends Paid (TTM)$158.9M
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
P25MedianP75
(med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
Asset Turnover
0.05x
8Q: 0.05x
Leverage (1+D/E)
1.00x
D/E: 0.00x
Asset & CapEx Efficiency
Fixed Asset Turn
2.88x
8Q:2.69x
+47.4%
CapEx/Depreciation
0.77x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Revenue
$1.1B
$282.1M1.6%
$277.7M2.4%
$271.0M4.2%
$260.1M0.7%
$258.4M0.1%
$258.0M1.3%
$254.6M3.3%
$246.4M
Operating Income
$632.7M
$167.7M3.0%
$162.8M5.1%
$155.0M5.3%
$147.2M0.7%
$146.2M1.2%
$148.0M4.6%
$141.4M4.8%
$134.9M
Net Income
$475.4M
$118.2M4.4%
$123.6M4.4%
$118.4M2.8%
$115.2M14.6%
$100.6M0.5%
$100.0M1.5%
$101.5M1.4%
$100.1M
Operating Cash Flow
$399.3M
$88.7M23.0%
$115.2M46.9%
$78.4M33.0%
$117.0M55.8%
$75.1M41.6%
$128.6M17.6%
$109.4M25.9%
$147.5M
Free Cash Flow
$377.0M
$84.2M25.0%
$112.2M59.4%
$70.4M36.1%
$110.1M81.0%
$60.9M47.7%
$116.2M17.2%
$99.2M32.0%
$145.9M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
11.5x
Volatile
8Q: 48.1x-486%
Valuation Lenses
Earnings
11.5x
vs sector
Cash Flow
11.9x
EV/FCF vs
Growth-Adj
0.6xPEG
Undervalued for growth
Quality-Adj
P/E per %ROIC
ROIC: –
Shareholder Returns
Dividend
2.9%
Buyback
1.5%
Total Yield
4.4%
Market Cap$5.49B
EV$4.49B
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
69/100
High Quality

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Above Avg
11.5%
8Q:
Return on Invested Capital (ROIC)
8Q:
vs Sector:0.1%

Earnings Quality

Cash Conversion

0.84x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin

Capital Efficiency

Invested Capital Turnover

Working Capital

Cash Conversion Cycle0 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
57/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
7.2%
OpInc Growth YoY
14.8%
EPS Growth YoY
20.4%
FCF 3Y CAGR
-1.4%

Margin Quality & Sustainability

Moderate
Profitability Cascade
Gross
Operating
Net
43.6%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
-9.0 pts
FCF: 34.6% | Net: 43.6%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Fortress
Net Debt / EBITDA
Net Cash
(0.0x)Net Cash: $667.34M
Interest Coverage
+Net cash position: $667.34M
Leverage Metrics
Debt-to-Equity
0.00x
Balance sheet risk & solvency analysis