HealthEquity, Inc. (HQY)
NASDAQ: HQY · Real-Time Price · USD
94.51
-1.16 (-1.21%)
Dec 5, 2025, 4:00 PM EST - Market closed

HealthEquity Statistics

Total Valuation

HealthEquity has a market cap or net worth of $8.07 billion. The enterprise value is $8.79 billion.

Market Cap 8.07B
Enterprise Value 8.79B

Important Dates

The last earnings date was Wednesday, December 3, 2025, after market close.

Earnings Date Dec 3, 2025
Ex-Dividend Date n/a

Share Statistics

HealthEquity has 85.44 million shares outstanding. The number of shares has decreased by -0.34% in one year.

Current Share Class 85.44M
Shares Outstanding 85.44M
Shares Change (YoY) -0.34%
Shares Change (QoQ) -0.88%
Owned by Insiders (%) 1.86%
Owned by Institutions (%) 106.55%
Float 84.53M

Valuation Ratios

The trailing PE ratio is 43.43 and the forward PE ratio is 21.97. HealthEquity's PEG ratio is 1.05.

PE Ratio 43.43
Forward PE 21.97
PS Ratio 6.33
Forward PS 5.75
PB Ratio 3.79
P/TBV Ratio n/a
P/FCF Ratio 19.55
P/OCF Ratio 19.46
PEG Ratio 1.05
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.34, with an EV/FCF ratio of 21.29.

EV / Earnings 45.84
EV / Sales 6.81
EV / EBITDA 19.34
EV / EBIT 29.37
EV / FCF 21.29

Financial Position

The company has a current ratio of 4.13, with a Debt / Equity ratio of 0.48.

Current Ratio 4.13
Quick Ratio 3.49
Debt / Equity 0.48
Debt / EBITDA 2.24
Debt / FCF 2.49
Interest Coverage 5.06

Financial Efficiency

Return on equity (ROE) is 9.01% and return on invested capital (ROIC) is 5.83%.

Return on Equity (ROE) 9.01%
Return on Assets (ROA) 5.43%
Return on Invested Capital (ROIC) 5.83%
Return on Capital Employed (ROCE) 9.14%
Revenue Per Employee $413,673
Profits Per Employee $61,483
Employee Count 3,120
Asset Turnover 0.37
Inventory Turnover n/a

Taxes

In the past 12 months, HealthEquity has paid $54.67 million in taxes.

Income Tax 54.67M
Effective Tax Rate 22.18%

Stock Price Statistics

The stock price has decreased by -8.24% in the last 52 weeks. The beta is 0.18, so HealthEquity's price volatility has been lower than the market average.

Beta (5Y) 0.18
52-Week Price Change -8.24%
50-Day Moving Average 96.22
200-Day Moving Average 95.27
Relative Strength Index (RSI) 39.23
Average Volume (20 Days) 906,399

Short Selling Information

The latest short interest is 4.01 million, so 4.69% of the outstanding shares have been sold short.

Short Interest 4.01M
Short Previous Month 4.42M
Short % of Shares Out 4.69%
Short % of Float 4.74%
Short Ratio (days to cover) 4.98

Income Statement

In the last 12 months, HealthEquity had revenue of $1.29 billion and earned $191.83 million in profits. Earnings per share was $2.18.

Revenue 1.29B
Gross Profit 874.01M
Operating Income 299.41M
Pretax Income 246.49M
Net Income 191.83M
EBITDA 454.57M
EBIT 299.41M
Earnings Per Share (EPS) $2.18
Full Income Statement

Balance Sheet

The company has $309.26 million in cash and $1.03 billion in debt, giving a net cash position of -$719.01 million or -$8.42 per share.

Cash & Cash Equivalents 309.26M
Total Debt 1.03B
Net Cash -719.01M
Net Cash Per Share -$8.42
Equity (Book Value) 2.13B
Book Value Per Share 24.93
Working Capital 378.08M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $414.93 million and capital expenditures -$1.97 million, giving a free cash flow of $412.96 million.

Operating Cash Flow 414.93M
Capital Expenditures -1.97M
Free Cash Flow 412.96M
FCF Per Share $4.83
Full Cash Flow Statement

Margins

Gross margin is 67.72%, with operating and profit margins of 23.20% and 14.86%.

Gross Margin 67.72%
Operating Margin 23.20%
Pretax Margin 19.10%
Profit Margin 14.86%
EBITDA Margin 35.22%
EBIT Margin 23.20%
FCF Margin 32.00%

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 0.34%
Shareholder Yield 0.34%
Earnings Yield 2.38%
FCF Yield 5.11%
Dividend Details

Analyst Forecast

The average price target for HealthEquity is $120.13, which is 27.11% higher than the current price. The consensus rating is "Strong Buy".

Price Target $120.13
Price Target Difference 27.11%
Analyst Consensus Strong Buy
Analyst Count 15
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
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 4.87 and a Piotroski F-Score of 8.

Altman Z-Score 4.87
Piotroski F-Score 8