Healthequity (HQY) Asset Utilization Ratio (2014 - 2026)
Healthequity (HQY) recorded quarterly Asset Utilization Ratio of 0.4 in Q2 2026, up 3.21% quarter-over-quarter from 0.39 in Q1 2026, and up 10.45% on a YoY basis from 0.36 in Q2 2025.
Healthequity (HQY) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
Healthequity's Asset Utilization Ratio history runs 13 years deep, the most recent figure standing at 0.4 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 10.45% year-over-year to 0.4; the TTM figure through Apr 2026 stood at 0.4 (up 10.45% YoY), while the FY2026 annual figure was 0.38, up 6.0% from the prior year.
- Asset Utilization Ratio was 0.4 for Q2 2026 at Healthequity, up from 0.39 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.4 in Q2 2026 to a low of 0.24 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.32 across 5 years, with a median of 0.32 in 2024.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio dropped 10.81% in 2022, then grew 18.69% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.27 in 2022, then gained by 16.42% to 0.32 in 2023, then grew by 4.21% to 0.33 in 2024, then advanced by 15.29% to 0.38 in 2025, then advanced by 5.59% to 0.4 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.4 (Q2 2026), 0.39 (Q1 2026), and 0.38 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 0.40 |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 0.88 |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 0.62 |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 0.57 |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 0.20 |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 1.61 |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 0.62 |
| 10 | Teladoc Health | 1.45 Bn | 696.57 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 |