HealthEquity, Inc. (HQY)
NASDAQ: HQY · Real-Time Price · USD
88.27
+1.02 (1.17%)
Sep 30, 2026, 2:01 PM EDT - Market open

HealthEquity Statistics

Total Valuation

HealthEquity has a market cap or net worth of $7.30 billion. The enterprise value is $8.02 billion.

Market Cap7.30B
Enterprise Value 8.02B

Important Dates

The last earnings date was Thursday, August 27, 2026, before market open.

Earnings Date Aug 27, 2026
Ex-Dividend Date n/a

Share Statistics

HealthEquity has 82.72 million shares outstanding. The number of shares has decreased by -3.29% in one year.

Current Share Class 82.72M
Shares Outstanding 82.72M
Shares Change (YoY) -3.29%
Shares Change (QoQ) -1.17%
Owned by Insiders (%) 1.98%
Owned by Institutions (%) 110.50%
Float 81.04M

Valuation Ratios

The trailing PE ratio is 31.92 and the forward PE ratio is 17.43. HealthEquity's PEG ratio is 1.07.

PE Ratio 31.92
Forward PE 17.43
PS Ratio 5.39
Forward PS 4.99
PB Ratio 3.63
P/TBV Ratio n/a
P/FCF Ratio 15.04
P/OCF Ratio 14.97
PEG Ratio 1.07
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.68, with an EV/FCF ratio of 16.51.

EV / Earnings 34.04
EV / Sales 5.91
EV / EBITDA 15.68
EV / EBIT 22.62
EV / FCF 16.51

Financial Position

The company has a current ratio of 2.99, with a Debt / Equity ratio of 0.49.

Current Ratio 2.99
Quick Ratio 2.46
Debt / Equity 0.49
Debt / EBITDA 1.88
Debt / FCF 1.99
Interest Coverage 6.78

Financial Efficiency

Return on equity (ROE) is 11.43% and return on invested capital (ROIC) is 9.97%.

Return on Equity (ROE) 11.43%
Return on Assets (ROA) 6.65%
Return on Invested Capital (ROIC) 9.97%
Return on Capital Employed (ROCE) 11.42%
Weighted Average Cost of Capital (WACC) 5.41%
Revenue Per Employee $484,052
Profits Per Employee $84,042
Employee Count2,814
Asset Turnover 0.41
Inventory Turnover n/a

Taxes

In the past 12 months, HealthEquity has paid $72.22 million in taxes.

Income Tax 72.22M
Effective Tax Rate 23.39%

Stock Price Statistics

The stock price has decreased by -8.09% in the last 52 weeks. The beta is 0.24, so HealthEquity's price volatility has been lower than the market average.

Beta (5Y) 0.24
52-Week Price Change -8.09%
50-Day Moving Average 98.47
200-Day Moving Average 88.76
Relative Strength Index (RSI) 29.98
Average Volume (20 Days) 844,019

Short Selling Information

The latest short interest is 4.80 million, so 5.80% of the outstanding shares have been sold short.

Short Interest 4.80M
Short Previous Month 4.52M
Short % of Shares Out 5.80%
Short % of Float 5.92%
Short Ratio (days to cover) 5.21

Income Statement

In the last 12 months, HealthEquity had revenue of $1.36 billion and earned $236.49 million in profits. Earnings per share was $2.76.

Revenue1.36B
Gross Profit 970.48M
Operating Income 355.98M
Pretax Income 308.71M
Net Income 236.49M
EBITDA 513.61M
EBIT 355.98M
Earnings Per Share (EPS) $2.76
Full Income Statement

Balance Sheet

The company has $256.00 million in cash and $971.02 million in debt, with a net cash position of -$715.01 million or -$8.64 per share.

Cash & Cash Equivalents 256.00M
Total Debt 971.02M
Net Cash -715.01M
Net Cash Per Share -$8.64
Equity (Book Value) 1.99B
Book Value Per Share 24.00
Working Capital 306.43M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $490.18 million and capital expenditures -$2.45 million, giving a free cash flow of $487.73 million.

Operating Cash Flow 490.18M
Capital Expenditures -2.45M
Depreciation & Amortization 157.63M
Net Borrowing -76.88M
Free Cash Flow 487.73M
FCF Per Share $5.90
Full Cash Flow Statement

Margins

Gross margin is 71.25%, with operating and profit margins of 26.13% and 17.36%.

Gross Margin 71.25%
Operating Margin 26.13%
Pretax Margin 22.66%
Profit Margin 17.36%
EBITDA Margin 37.71%
EBIT Margin 26.13%
FCF Margin 35.81%

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
FCF Payout Ratio n/a
Buyback Yield 3.29%
Shareholder Yield 3.29%
Earnings Yield 3.22%
FCF Yield 6.65%

Analyst Forecast

The average price target for HealthEquity is $119.33, which is 35.19% higher than the current price. The consensus rating is "Strong Buy".

Price Target $119.33
Price Target Difference 35.19%
Analyst Consensus Strong Buy
Analyst Count 15
Revenue Growth Forecast (3Y) 6.70%
EPS Growth Forecast (3Y) 12.87%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 4.51 and a Piotroski F-Score of 7.

Altman Z-Score 4.51
Piotroski F-Score 7