Friday 6 November 2026 Export HQY’s income statement to Excel — free account

HealthEquity, Inc.

HQY Healthcare Health Information Services

HealthEquity, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $1.3 billion, up 9.47% from fiscal 2025.

Revenue: +7.64%
EPS: +14.5%
Free cash flow: −3.44%
Total debt: −7.53%

Quarter to July 2026, against a year earlier

103.64 0.18 +0.17%

Follow HQY

Alert me

Market cap: $8.6B
P/E: 36.9×
Fwd P/E: 34.8×
Dividend yield: —
F-score: 9/9
Altman Z: 4.39
Beneish M: −2.77
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

HealthEquity, Inc. (HQY) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, HealthEquity, Inc. (HQY) trades at a P/E ratio of 36.9×. Over the past ten years it has ranged from 0.0× (July 2023) to 7,417× (August 2021); the current reading is higher than 23% of that period. That is below the Health Information Services industry median of 42.0× and above the Healthcare sector median of 25.2×.

Embed this chart

Code for your page

<iframe src="https://stockrow.com/embed/HQY/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="HealthEquity, Inc. P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/HQY/metrics/pe-ratio">HealthEquity, Inc. (HQY) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2026	35.0×	(64.85%)
FY2025	99.5×	(14.45%)
FY2024	116×	—
FY2023	0.0×	—
FY2022	0.0×	—
FY2021	711×	620.70%
FY2020	98.6×	88.21%
FY2019	52.4×	(19.28%)
FY2018	64.9×	(36.86%)
FY2017	103×	40.13%

Period	P/E ratio	Change
Jul 2026	36.1×	18.25%
Apr 2026	30.5×	(12.79%)
Jan 2026	35.0×	(18.29%)
Oct 2025	42.8×	(25.88%)
43 more quarters	Free account

Against its own ten years

Low 0.0× High 7,417×

Ten-year median 73.0×

Current reading's percentile 8

Company	P/E ratio
TEM Tempus AI, Inc. compare	n/m
HTFL Heartflow, Inc. compare	n/m
SDGR Schrodinger, Inc. compare	n/m
BTSG BrightSpring Health Services, Inc. compare	33.0×
HQY HealthEquity, Inc.	36.9×
WAY Waystar Holding Corp. compare	40.9×
DOCS Doximity, Inc. compare	44.4×
HNGE Hinge Health Inc. compare	86.1×
PRVA Privia Health Group, Inc. compare	88.3×
Health Information Services industry median	42.0×
Healthcare sector median	25.2×
Market median	17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

HealthEquity, Inc. (HQY) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on HQY

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on HQY

Stockrow Weekly