HealthEquity, Inc.
HQYHealthcareNASDAQHealth Information Services · Last scanned Jul 18, 2026
Scan Results
Daily timeframeHealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. With a market capitalization of $8.19B, it sits in mid-cap territory. It offers health savings accounts (HAS); investment platform; online-only automated investment advisory services through Advisor, a Web-based tool.
Market Cap
$8.19B
Beta
0.21
P/E (TTM)
36.58
P/E (Fwd)
17.93
EPS (TTM)
$2.67
EPS (Fwd)
$5.45
ROE
11.1%
ROA
6.5%
Cash
$265.4M
Total Debt
$984.7M
Free CF
$370.3M
52W Change
-0.0%
Annual Financials
Cash vs Debt
The company holds $265.4M in cash, though total debt stands at $984.7M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $370.3M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 11.1%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 6.5% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $861.7M (2023) to $1.31B (2026), reflecting a 52% increase over the period.
With a beta below 0.7, HealthEquity, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing HQY.