15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | — | $33M | — | — | 10.8% | 1.0% | $52M | $129M | $28M |
| 2024 | — | $35M | — | — | 11.8% | 1.2% | $49M | $308M | $32M |
| 2023 | $5M | $36M | 0.0% | 0.0% | 13.6% | 1.2% | $76M | $94M | $66M |
| 2022 | $3M | $30M | 0.0% | 0.0% | 12.8% | 1.1% | $183M | $187M | $41M |
| 2021 | $3M | $37M | 0.0% | 0.0% | 15.1% | 1.6% | $107M | $43M | $26M |
| 2020 | $3M | $39M | 0.0% | 0.0% | 17.1% | 1.9% | -$34M | $166M | $92M |
| 2019 | $3M | $23M | 0.0% | 0.0% | 11.3% | 1.3% | $7M | $85M | $46M |
| 2018 | $2M | $24M | 0.0% | 0.0% | 13.5% | 1.5% | $18M | — | $33M |
| 2017 | — | $14M | — | — | 11.5% | 1.4% | $14M | — | $19M |
| 2016 | — | $10M | — | — | 13.0% | 1.3% | -$7000 | — | $36M |
| 2015 | — | $9M | — | — | 11.8% | 1.3% | -$9M | — | $24M |
| 2014 | — | $5M | — | — | 6.9% | 0.9% | -$5M | — | $16M |
| 2013 | — | $4M | — | — | 6.3% | 0.9% | $4M | — | $38M |
| 2012 | — | $5M | — | — | 8.8% | 1.5% | -$4M | — | $7M |
| 2011 | — | $2M | — | — | 5.8% | 0.5% | $3M | — | $19M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | — | $8M | — | — | 2.5% | 0.2% | $51M | — | $30M |
| Mar '26 | — | $8M | — | — | 2.5% | 0.2% | $8M | — | $39M |
| Dec '25 | — | $8M | — | — | 2.7% | 0.3% | -$3M | $129M | $28M |
| Sep '25 | — | $9M | — | — | 3.1% | 0.3% | $42M | — | $61M |
| Jun '25 | — | $8M | — | — | 2.6% | 0.2% | $6M | — | $33M |
| Mar '25 | — | $8M | — | — | 2.7% | 0.3% | $8M | — | $63M |
| Dec '24 | — | $7M | — | — | 2.5% | 0.2% | $41M | $308M | $32M |
| Sep '24 | — | $10M | — | — | 3.6% | 0.3% | -$2M | — | $40M |
| Jun '24 | $1M | $9M | 0.0% | 0.0% | 3.2% | 0.3% | $10M | — | $33M |
| Mar '24 | $1M | $8M | 0.0% | 0.0% | 3.0% | 0.3% | -$82000 | — | $45M |
| Dec '23 | $1M | $10M | 0.0% | 0.0% | 3.7% | 0.3% | $12M | $94M | $66M |
| Sep '23 | $1M | $9M | 0.0% | 0.0% | 3.6% | 0.3% | $23M | — | $81M |
| Jun '23 | $1M | $9M | 0.0% | 0.0% | 3.6% | 0.3% | $24M | — | $132M |
| Mar '23 | $914000 | $8M | 0.0% | 0.0% | 3.4% | 0.3% | $18M | — | $58M |
| Dec '22 | $805000 | $8M | 0.0% | 0.0% | 3.3% | 0.3% | $20M | $187M | $41M |
| Sep '22 | $812000 | $8M | 0.0% | 0.0% | 3.8% | 0.3% | $35M | — | $160M |
| Jun '22 | $809000 | $7M | 0.0% | 0.0% | 3.0% | 0.3% | $31M | — | $29M |
| Mar '22 | $759000 | $7M | 0.0% | 0.0% | 2.9% | 0.3% | $98M | — | $30M |
| Dec '21 | $786000 | $9M | 0.0% | 0.0% | 3.5% | 0.4% | $9M | $43M | $26M |
| Sep '21 | $777000 | $8M | 0.0% | 0.0% | 3.5% | 0.4% | $26M | — | $28M |
How the market has priced FSBW against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, FS Bancorp, Inc.'s revenue has grown 21.5% per year, and net income declined 3.2% per year. These are computed facts, not advice.
As of FY2025, FS Bancorp, Inc. reported $129M of total debt against $28M of cash.
In FY2025, gross margin was —, operating margin —, and net margin —.
As of Sep '26, FS Bancorp, Inc. traded at a price-to-earnings ratio of about 9.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.