Stocktoria

CITY HOLDING CO CHCO

Nasdaq · stock · National Commercial Banks · website · IPO 1987-06-26

CITY HOLDING CO statistics & valuation

Market cap$1.9B
P / E14.5×
P / S25.5×
P / B2.3×
P / FCF14.7×
Dividend yield2.50%
Net margin175.6%
Return on equity16.1%
FCF margin172.9%
Net cash$41.9M
Enterprise value USD$1.8B
Graham number -28%$105.99

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($105.99); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
121.80% 140.10% 146.30% 135.70% 149.90% 165.60% 162.70% 175.60% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
11.80% 10.80% 11.70% 13.60% 12.80% 12.90% 17.70% 16.90% 16.00% 16.10% 2016201720182019202020212022202320242025
Shares outstanding
14.9M 15.4M 15.4M 16.3M 16.0M 15.4M 14.9M 14.9M 14.7M 14.5M 2016201720182019202020212022202320242025
Net debt ($)
-$200.0M -$56.3M -$75.4M -$41.9M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.30% 1.30% 1.40% 1.80% 1.60% 1.50% 1.70% 1.90% 1.80% 1.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
117.30% 157.30% 137.60% 152.40% 166.90% 194.90% 179.50% 172.90% 2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.15× 0.21× 0.19× 2016201720182019202020212022202320242025
EPS ($)
$3.45 $3.48 $4.49 $5.42 $5.55 $5.66 $6.80 $7.61 $7.89 $8.93 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CITY HOLDING CO trades at about 16.5× earnings — above its 10-year norm (10-year range 12.4×–19.8×, median 14.2×).

12.4× 19.8×

Shaded band = 10-year range (12.4×–19.8×); dot = today's 16.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin175.6%162.7%165.6%149.9%135.7%146.3%140.1%121.8%——
FCF margin172.9%179.5%194.9%166.9%152.4%137.6%157.3%117.3%——
Return on assets1.9%1.8%1.9%1.7%1.5%1.6%1.8%1.4%1.3%1.3%
Return on equity16.1%16.0%16.9%17.7%12.9%12.8%13.6%11.7%10.8%11.8%
Debt / equity0.19×0.21×0.15×0.00×——————

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.