HealthEquity, Inc. (HQY)

HealthEquity Ratios and Metrics

Market cap in millions USD. Fiscal year is February - January.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 21, 2026	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Market Capitalization	7,227	9,569	6,485	5,150	4,468	6,433
Market Cap Growth	-14.44%	47.56%	25.91%	15.28%	-30.55%	37.38%
Enterprise Value	7,946	10,382	7,085	5,938	4,829	7,225
Last Close Price	84.59	110.42	75.58	60.85	53.44	83.55
PE Ratio	38.88	98.96	116.40	-	-	728.16
Forward PE	19.50	31.70	28.55	36.76	40.27	50.84
PS Ratio	5.67	7.98	6.49	5.98	5.91	8.77
PB Ratio	3.39	4.53	3.19	2.72	2.41	4.67
P/FCF Ratio	17.50	28.33	26.89	34.97	33.82	38.17
P/OCF Ratio	17.42	28.16	26.71	34.19	31.69	35.42
PEG Ratio	1.15	1.28	1.17	1.33	3.58	4.27
EV/Sales Ratio	6.16	8.65	7.09	6.89	6.38	9.85
EV/EBITDA Ratio	17.48	28.42	25.20	29.86	27.17	36.88
EV/EBIT Ratio	26.54	51.18	55.30	157.71	119.04	90.31
EV/FCF Ratio	19.24	30.74	29.38	40.32	36.56	42.87
Debt / Equity Ratio	0.48	0.52	0.46	0.53	0.54	0.78
Debt / EBITDA Ratio	2.24	2.99	3.24	4.78	5.29	5.11
Debt / FCF Ratio	2.49	3.28	3.87	6.75	7.63	6.38
Asset Turnover	0.38	0.36	0.32	0.28	0.26	0.28
Quick Ratio	3.49	2.65	4.35	2.68	2.04	1.96
Current Ratio	4.13	3.06	4.76	2.92	2.29	2.25
Return on Equity (ROE)	9.01%	4.66%	2.83%	-1.40%	-2.74%	0.73%
Return on Assets (ROA)	5.44%	3.84%	2.56%	0.76%	0.87%	1.90%
Return on Invested Capital (ROIC)	8.11%	6.16%	3.66%	1.43%	1.70%	3.75%
Return on Capital Employed (ROCE)	9.10%	6.20%	4.20%	1.30%	1.40%	3.20%
Earnings Yield	2.65%	1.01%	0.86%	-0.51%	-0.99%	0.14%
FCF Yield	5.71%	3.53%	3.72%	2.86%	2.96%	2.62%
Buyback Yield / Dilution	0.34%	-2.15%	-2.98%	-1.57%	-9.85%	-10.56%

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q