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	Dec 5, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Market Capitalization	8,075	9,569	6,485	5,150	4,468	6,433
Market Cap Growth	-9.70%	47.56%	25.91%	15.28%	-30.55%	37.38%
Enterprise Value	8,794	10,382	7,085	5,938	4,829	7,225
Last Close Price	94.51	110.42	75.58	60.85	53.44	83.55
PE Ratio	43.43	98.96	116.40	-	-	728.16
Forward PE	21.97	31.70	28.55	36.76	40.27	50.84
PS Ratio	6.33	7.98	6.49	5.98	5.91	8.77
PB Ratio	3.79	4.53	3.19	2.72	2.41	4.67
P/FCF Ratio	19.55	28.33	26.89	34.97	33.82	38.17
P/OCF Ratio	19.46	28.16	26.71	34.19	31.69	35.42
PEG Ratio	1.05	1.28	1.17	1.33	3.58	4.27
EV/Sales Ratio	6.81	8.65	7.09	6.89	6.38	9.85
EV/EBITDA Ratio	19.34	28.42	25.20	29.86	27.17	36.88
EV/EBIT Ratio	29.37	51.18	55.30	157.71	119.04	90.31
EV/FCF Ratio	21.29	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 Capital (ROIC)	5.83%	4.10%	2.73%	0.82%	0.95%	2.09%
Return on Capital Employed (ROCE)	9.10%	6.20%	4.20%	1.30%	1.40%	3.20%
Earnings Yield	2.38%	1.01%	0.86%	-0.51%	-0.99%	0.14%
FCF Yield	5.11%	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