HealthEquity, Inc. (HQY) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for HealthEquity, Inc., with annual and quarterly history.
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 34.29x | 99.19x | 116.08x | -196.55x | -100.31x | 704.62x |
| P/B Ratio | 3.50x | 4.54x | 3.18x | 2.71x | 2.40x | 4.51x |
| P/S Ratio | 5.62x | 7.99x | 6.47x | 5.96x | 5.87x | 8.49x |
| Profitability | ||||||
| Gross Margin | 69.5% | 57.7% | 53.0% | 45.9% | 45.1% | 46.2% |
| Operating Margin | 24.6% | 19.2% | 12.8% | 4.4% | 5.4% | 10.9% |
| Net Margin | 16.4% | 8.1% | 5.6% | -3.0% | -5.9% | 1.2% |
| EBITDA Margin | 24.6% | 28.1% | 28.3% | 19.9% | 13.6% | 21.1% |
| Liquidity | ||||||
| Current Ratio | 3.27x | 3.06x | 4.76x | 2.92x | 2.29x | 2.25x |
| Quick Ratio | 3.27x | 3.06x | 4.76x | 2.92x | 2.29x | 2.25x |
| Leverage | ||||||
| Debt/Equity | 0.48x | 0.52x | 0.46x | 0.52x | 0.54x | 0.78x |
YoY = year-over-year change. Source: FMP..