HealthEquity Inc.
HQY | NASDAQ
$102.85
+$0.38 (+0.37%)
Nov 2, 2026, 9:31 AM ET · Market open
Market Data
Market Cap $8.51B
Enterprise Value $9.19B
Beta 0.24
Average Volume 844.34K
Shares Outstanding (Diluted) 84.01M
Shares Change YoY -4.25%
Institutional Ownership N/A
Exchange NASDAQ
ISIN US42226A1079
Price Performance
Price Change 1M 14.2%
Price Change 3M -1.4%
Price Change 6M 25.1%
Price Change YTD 12.3%
Price Change 1Y 8.5%
Price Change 3Y 60.4%
Price Change 5Y 48.2%
1M CAGR (ann.) 7.7%
1Y CAGR (ann.) 8.5%
5Y CAGR (ann.) 8.7%
All-Time CAGR 11.6%
Valuation
PE Ratio 36.99
Forward PE 20.47
PEG Ratio 0.55
Forward PEG 1.88
PS Ratio 6.22
Forward PS 6.00
PB Ratio 4.26
P/FCF Ratio 17.97
P/Adj. FCF Ratio 21.71
P/OCF Ratio 17.43
EV/Sales 6.75
EV/EBIT 27.24
EV/EBITDA 19.58
EV/FCF 19.49
Earnings Yield 2.7%
FCF Yield 5.6%
Adj. FCF Yield 4.6%
Financial Health
Net Debt $685.03M
Total Debt $971.02M
Cash & Short-Term Investments $256M
Total Assets $3.27B
Current Ratio 2.99
Quick Ratio 2.99
Debt / Equity Ratio 0.49
Debt / EBITDA 2.07
Debt / FCF 2.06
OCF / Debt 0.50
Interest Coverage 6.64
Altman Z-Score 4.91
Piotroski F-Score 8
Margins & Profitability
Gross Profit Margin 75.2%
Operating Profit Margin 25.6%
EBITDA Margin 36.4%
Net Profit Margin 17.4%
FCF Margin 34.6%
Adj. FCF Margin 28.7%
SBC / Revenue 6.0%
SBC Impact (per share) -17.2%
Returns
Return on Assets 7.2%
Return on Equity 11.4%
Return on Invested Capital 8.6%
Return on Capital Employed 11.2%
Return on Tangible Assets 41.1%
Historical Growth (CAGR)
Revenue CAGR 3Y 13.2%
Revenue CAGR 5Y 12.9%
Revenue CAGR 10Y 24.3%
EPS CAGR 3Y 164.3%
EPS CAGR 5Y 195.5%
EPS CAGR 10Y 21.4%
FCF CAGR 3Y 40.8%
FCF CAGR 5Y 36.7%
FCF CAGR 10Y 25.4%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 10
EPS Growth Next 3Y 29.4%
Revenue Growth Next 3Y 6.0%
Earnings Date Dec 2, 2026
EPS Estimate (next Q) $1.16
EPS Growth Est (next Q) 14.8%
Revenue Est (next Q) $347.24M
Revenue Growth Est (next Q) 7.8%
Fair Value Estimates
Graham Number $38.57
Graham Upside -62.4%
Lynch Fair Value $69.25
Lynch Upside -32.4%
Price Target $118.14
Price Target Upside 15.3%
Cash Flow
Operating Cash Flow $490.18M
Free Cash Flow $471.67M
Adj. Free Cash Flow $390.39M
FCF Per Share $5.66
OCF Per Share $5.88
OCF/S Ratio 36.0%
Income Statement
Revenue $1.36B
Gross Profit $1.02B
Operating Income $348.87M
EBITDA $469.48M
Net Income $236.49M
EPS (Diluted) $2.77
Revenue / Employee $484.05K
Profit / Employee $84.04K
Employees 2,814
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