Healthequity (HQY) Asset Utilization Ratio (2014 - 2026)
Healthequity's quarterly Asset Utilization Ratio came in at 0.39 in Q1 2026, up 12.03% year-on-year from 0.35 in Q1 2025, and up 2.31% quarter-over-quarter from 0.38 in Q4 2025.
Healthequity has reported Asset Utilization Ratio for 13 years, with the latest figure at 0.39 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 12.03% year-over-year to 0.39; the trailing twelve-month figure through Jan 2026 stood at 0.39 (up 12.03% YoY), and the FY2026 full-year result was 0.38, up 6.0% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.39, up from 0.38 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.39 in Q1 2026, with the low at 0.24 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.32, with a median of 0.32 recorded in 2024.
- Year-over-year, Asset Utilization Ratio fell 10.81% in 2022 and rose 18.69% in 2023.
- Tracing HQY's Asset Utilization Ratio over 5 years: stood at 0.27 in 2022, then advanced by 16.42% to 0.32 in 2023, then increased by 4.21% to 0.33 in 2024, then climbed by 15.29% to 0.38 in 2025, then grew by 2.31% to 0.39 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.39 (Q1 2026), 0.38 (Q4 2025), and 0.37 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 0.37 |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 0.40 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 0.88 |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 0.57 |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 0.20 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 0.62 |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 1.61 |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 0.62 |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 0.89 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.40 |
| Jan 31, 2026 | 0.39 |
| Oct 31, 2025 | 0.38 |
| Jul 31, 2025 | 0.37 |
| Apr 30, 2025 | 0.36 |
| Jan 31, 2025 | 0.35 |
| Oct 31, 2024 | 0.33 |
| Jul 31, 2024 | 0.33 |
| Apr 30, 2024 | 0.33 |
| Jan 31, 2024 | 0.32 |
| Oct 31, 2023 | 0.32 |
| Jul 31, 2023 | 0.31 |
| Apr 30, 2023 | 0.29 |
| Jan 31, 2023 | 0.28 |
| Oct 31, 2022 | 0.27 |
| Jul 31, 2022 | 0.26 |
| Apr 30, 2022 | 0.25 |
| Jan 31, 2022 | 0.24 |
| Oct 31, 2021 | 0.24 |
| Jul 31, 2021 | 0.23 |
| Apr 30, 2021 | 0.25 |
| Jan 31, 2021 | 0.27 |
| Oct 31, 2020 | 0.28 |
| Jul 31, 2020 | 0.28 |
| Apr 30, 2020 | 0.25 |
| Jan 31, 2020 | 0.21 |
| Oct 31, 2019 | 0.22 |
| Jul 31, 2019 | 0.38 |
| Apr 30, 2019 | 0.55 |
| Jan 31, 2019 | 0.58 |
| Oct 31, 2018 | 0.58 |
| Jul 31, 2018 | 0.59 |
| Apr 30, 2018 | 0.62 |
| Jan 31, 2018 | 0.63 |
| Oct 31, 2017 | 0.63 |
| Jul 31, 2017 | 0.64 |
| Apr 30, 2017 | 0.65 |
| Jan 31, 2017 | 0.66 |
| Oct 31, 2016 | 0.65 |
| Jul 31, 2016 | 0.64 |
| Apr 30, 2016 | 0.62 |
| Jan 31, 2016 | 0.59 |
| Oct 31, 2015 | 0.56 |
| Jul 31, 2015 | 0.58 |
| Apr 30, 2015 | 0.60 |
| Jan 31, 2015 | 0.56 |
| Oct 31, 2014 | 0.73 |