Which has the lower trailing P/E, HFWA or OCSL?

HFWA has the lower trailing P/E: HFWA trades at 13.21 and OCSL at 24.47. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, HFWA or OCSL?

Over the past five years, OCSL grew revenue faster — HFWA at a 5.82% CAGR versus OCSL at 30.70%.

Does HFWA or OCSL pay a bigger dividend?

HFWA yields 3.48% and OCSL yields 12.40% based on trailing dividends and the latest price.

Is HFWA or OCSL more profitable?

HFWA runs the higher net margin — HFWA at 23.17% versus OCSL at 15.13%.

How have HFWA and OCSL total returns compared?

Over the past 10 years, HFWA delivered 8.02% and OCSL delivered 6.24% annualized total return. Past performance doesn't predict future results.

Heritage Financial Corporation (HFWA) vs Oaktree Specialty Lending Corporation (OCSL)

A side-by-side comparison of Heritage Financial Corporation and Oaktree Specialty Lending Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

HFWA

Heritage Financial Corporation

$1.15B

$27.88Financial ServicesDelayed quote: Oct 6, 2026, 11:25 AM EDT

OCSL

Oaktree Specialty Lending Corporation

$1.04B

$11.83Financial ServicesDelayed quote: Oct 6, 2026, 11:25 AM EDT

Total return — HFWA vs OCSL

growth of $100 · dividends reinvested · last 10y

HFWA +121.2% (+8.3%/yr)OCSL +84.2% (+6.3%/yr)HFWA compounded faster over this window

HFWA OCSL

HFWA vs OCSL: by the numbers

•HFWA is the larger company ($1.15B vs $1.04B market cap).
•HFWA trades at the lower trailing earnings multiple (13.21 vs 24.47 P/E), one valuation lens rather than an overall verdict.
•HFWA converts more revenue to profit (23.17% vs 15.13% net margin).
•OCSL grew revenue faster over the past five years (30.70% vs 5.82% CAGR).
•OCSL pays the higher dividend yield (12.40% vs 3.48%).

Metrics side by side

Valuation

Metric	HFWA	OCSL
P/E ratio	13.21	24.47
Forward P/E	14.14	8.69
PEG ratio	1.51	N/A
P/S ratio	3.42	3.74
P/B ratio	1.04	0.75

Profitability

Metric	HFWA	OCSL
Gross margin	N/A	80.54%
Operating margin	23.15%	44.09%
Net margin	23.17%	15.13%
ROE	7.02%	3.05%

Heritage Financial Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	HFWA	OCSL
Dividend yield	3.48%	12.40%
Payout ratio	45.97%	303.91%

Growth (annualized)

Metric	HFWA	OCSL
Revenue CAGR (5Y)	5.82%	30.70%
EPS CAGR (5Y)	9.06%	-14.02%
Total return CAGR (5Y)	5.89%	0.13%

Frequently asked

Which has the lower trailing P/E, HFWA or OCSL?: HFWA has the lower trailing P/E: HFWA trades at 13.21 and OCSL at 24.47. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, HFWA or OCSL?: Over the past five years, OCSL grew revenue faster — HFWA at a 5.82% CAGR versus OCSL at 30.70%.
Does HFWA or OCSL pay a bigger dividend?: HFWA yields 3.48% and OCSL yields 12.40% based on trailing dividends and the latest price.
Is HFWA or OCSL more profitable?: HFWA runs the higher net margin — HFWA at 23.17% versus OCSL at 15.13%.
How have HFWA and OCSL total returns compared?: Over the past 10 years, HFWA delivered 8.02% and OCSL delivered 6.24% annualized total return. Past performance doesn't predict future results.

Go deeper

Full HFWA analysis Full OCSL analysis Interactive comparison tool

Dig into the metrics

Heritage Financial P/E ratio Oaktree Specialty Lending P/E ratio Heritage Financial dividend yield Oaktree Specialty Lending dividend yield Heritage Financial ROE Oaktree Specialty Lending ROE Heritage Financial operating margin Oaktree Specialty Lending operating margin Heritage Financial revenue growth Oaktree Specialty Lending revenue growth

Heritage Financial & Oaktree Specialty Lending appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.