HealthEquity, Inc. (HQY)
NASDAQ: HQY · Real-Time Price · USD
88.46
+5.03 (6.03%)
At close: Jun 26, 2026, 4:00 PM EDT
88.00
-0.46 (-0.52%)
After-hours: Jun 26, 2026, 6:56 PM EDT

HealthEquity Statistics

Total Valuation

HealthEquity has a market cap or net worth of $7.40 billion. The enterprise value is $8.11 billion.

Market Cap 7.40B
Enterprise Value 8.11B

Important Dates

The last earnings date was Thursday, May 28, 2026, after market close.

Earnings Date May 28, 2026
Ex-Dividend Date n/a

Share Statistics

HealthEquity has 83.60 million shares outstanding. The number of shares has decreased by -2.51% in one year.

Current Share Class 83.60M
Shares Outstanding 83.60M
Shares Change (YoY) -2.51%
Shares Change (QoQ) -1.49%
Owned by Insiders (%) 1.93%
Owned by Institutions (%) 106.23%
Float 81.96M

Valuation Ratios

The trailing PE ratio is 33.18 and the forward PE ratio is 18.02. HealthEquity's PEG ratio is 1.19.

PE Ratio 33.18
Forward PE 18.02
PS Ratio 5.53
Forward PS 5.12
PB Ratio 3.63
P/TBV Ratio n/a
P/FCF Ratio 15.17
P/OCF Ratio 15.10
PEG Ratio 1.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.19, with an EV/FCF ratio of 16.64.

EV / Earnings 35.17
EV / Sales 6.07
EV / EBITDA 16.19
EV / EBIT 23.37
EV / FCF 16.64

Financial Position

The company has a current ratio of 3.44, with a Debt / Equity ratio of 0.48.

Current Ratio 3.44
Quick Ratio 2.85
Debt / Equity 0.48
Debt / EBITDA 1.95
Debt / FCF 2.02
Interest Coverage 6.33

Financial Efficiency

Return on equity (ROE) is 11.06% and return on invested capital (ROIC) is 9.65%.

Return on Equity (ROE) 11.06%
Return on Assets (ROA) 6.46%
Return on Invested Capital (ROIC) 9.65%
Return on Capital Employed (ROCE) 10.95%
Weighted Average Cost of Capital (WACC) 5.30%
Revenue Per Employee $475,205
Profits Per Employee $81,984
Employee Count 2,814
Asset Turnover 0.40
Inventory Turnover n/a

Taxes

In the past 12 months, HealthEquity has paid $68.19 million in taxes.

Income Tax 68.19M
Effective Tax Rate 22.81%

Stock Price Statistics

The stock price has decreased by -14.92% in the last 52 weeks. The beta is 0.21, so HealthEquity's price volatility has been lower than the market average.

Beta (5Y) 0.21
52-Week Price Change -14.92%
50-Day Moving Average 85.13
200-Day Moving Average 88.10
Relative Strength Index (RSI) 56.09
Average Volume (20 Days) 1,135,129

Short Selling Information

The latest short interest is 4.13 million, so 4.94% of the outstanding shares have been sold short.

Short Interest 4.13M
Short Previous Month 4.50M
Short % of Shares Out 4.94%
Short % of Float 5.04%
Short Ratio (days to cover) 4.17

Income Statement

In the last 12 months, HealthEquity had revenue of $1.34 billion and earned $230.70 million in profits. Earnings per share was $2.67.

Revenue 1.34B
Gross Profit 945.12M
Operating Income 347.19M
Pretax Income 298.89M
Net Income 230.70M
EBITDA 501.32M
EBIT 347.19M
Earnings Per Share (EPS) $2.67
Full Income Statement

Balance Sheet

The company has $265.37 million in cash and $984.68 million in debt, giving a net cash position of -$719.31 million or -$8.60 per share.

Cash & Cash Equivalents 265.37M
Total Debt 984.68M
Net Cash -719.31M
Net Cash Per Share -$8.60
Equity (Book Value) 2.05B
Book Value Per Share 24.39
Working Capital 330.79M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $489.88 million and capital expenditures -$2.25 million, giving a free cash flow of $487.64 million.

Operating Cash Flow 489.88M
Capital Expenditures -2.25M
Depreciation & Amortization 154.13M
Net Borrowing -115.00M
Free Cash Flow 487.64M
FCF Per Share $5.83
Full Cash Flow Statement

Margins

Gross margin is 70.68%, with operating and profit margins of 25.96% and 17.25%.

Gross Margin 70.68%
Operating Margin 25.96%
Pretax Margin 22.35%
Profit Margin 17.25%
EBITDA Margin 37.49%
EBIT Margin 25.96%
FCF Margin 36.47%

Dividends & Yields

HealthEquity does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 2.51%
Shareholder Yield 2.51%
Earnings Yield 3.12%
FCF Yield 6.59%

Analyst Forecast

The average price target for HealthEquity is $115.56, which is 30.64% higher than the current price. The consensus rating is "Buy".

Price Target $115.56
Price Target Difference 30.64%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (3Y) 7.20%
EPS Growth Forecast (3Y) 13.70%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

HealthEquity has an Altman Z-Score of 4.7 and a Piotroski F-Score of 7.

Altman Z-Score 4.7
Piotroski F-Score 7