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

103.48 0.02 +0.02%
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

HealthEquity, Inc. (HQY) Return on equity

Alert me on Return on equity

HealthEquity, Inc.'s return on equity over the twelve months to 31 July 2026 was 11.4%, up 1.2 percentage points from fiscal 2026 (10.2%). Over the past ten years it has ranged from −2.74% (fiscal 2022) to 19.6% (fiscal 2015); the current reading is higher than 67% of that period. That is above the Health Information Services industry median of −3.15% and above the Healthcare sector median of −26.3%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2026 10.2% 5.53
FY2025 4.66% 1.83
FY2024 2.83% 4.22
FY2023 −1.39% 1.35
FY2022 −2.74% (3.47)
FY2021 0.73% (4.53)
FY2020 5.26% (12.69)
FY2019 18.0% 2.38
FY2018 15.6% 4.24
FY2017 11.3% 1.77

Against its own ten years

Low −2.74% High 19.6%
Ten-year median 7.41%
Current reading's percentile 67

Return on equity against peers

Company Return on equity
HNGE Hinge Health Inc. compare 41.4%
HTFL Heartflow, Inc. compare 38.5%
BTSG BrightSpring Health Services, Inc. compare 20.5%
DOCS Doximity, Inc. compare 13.8%
HQY HealthEquity, Inc. 11.4%
PRVA Privia Health Group, Inc. compare 4.25%
WAY Waystar Holding Corp. compare 3.72%
SDGR Schrodinger, Inc. compare −19.0%
TEM Tempus AI, Inc. compare −37.6%
Health Information Services industry median −3.15%
Healthcare sector median −26.3%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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