The business behind the dividend
| Measure | JUVF | Median | Formula |
|---|---|---|---|
| Return on equity | 13.9% | 10.6% | Net income ÷ shareholders’ equity |
| Return on capital employed | — | — | Operating income ÷ (equity + total debt) |
| Owner earnings | $8.16m | $120.90m | Net income + depreciation & amortisation − capital expenditure |
| Free cash flow | $9.48m | $155.08m | Operating cash flow − capital expenditure |
| Operating margin | 24.0% | 14.3% | Operating income ÷ revenue |
| Net margin | 20.5% | 10.1% | Net income ÷ revenue |
| Debt to equity | — | — | Total debt ÷ shareholders’ equity |
| Interest cover | — | — | Operating income ÷ interest expense |
| Current ratio | — | — | Current assets ÷ current liabilities |
| Long-term debt to working capital | — | — | Long-term debt ÷ (current assets − current liabilities) |
| Cash conversion | — | — | Operating cash flow ÷ net income |
| Accruals | -0.2% | -3.1% | (Net income − operating cash flow) ÷ total assets |
Not computed here: Cash conversion, Current ratio, Debt to equity, Long-term debt to working capital, Interest cover, Return on capital employed — why a blank is not a zero.
Ten years of it
The same measures, for every year the filings support. One year is a fact; a row is a business.
| Measure | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Median |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on equity | 13.9% | 13.1% | 16.4% | 19.8% | 9.3% | 7.3% | 7.9% | 8.8% | 7.6% | 8.7% | 8.8% |
| Operating margin | 24.0% | 19.4% | 22.8% | 26.8% | 28.1% | 22.9% | 22.7% | 22.2% | 26.2% | 29.2% | 22.9% |
| Net margin | 20.5% | 16.8% | 19.9% | 25.6% | 26.9% | 23.1% | 22.8% | 25.0% | 21.2% | 25.2% | 22.8% |
How it compares in banks & insurers
Among the 377 banks & insurers companies here measured on GAAP earnings, Juniata Valley Financial pays out less than 54 of them. The median for that group is 30.6%, against this company’s 55.3%.
Closest on GAAP earnings
- Bar Harbor Bankshares (BHB) 54.5%
- Peoples Bancorp (PEBO) 54.5%
- Truist Financial (TFC) 54.5%
- Kemper (KMPR) 55.9%
Same sector and same denominator, so the figures are comparable. All 377 in banks & insurers →