Healthequity (HQY) Asset Utilization Ratio (2014 - 2026)
Healthequity (HQY) posted Asset Utilization Ratio of 0.41 for Q3 2026, up 3.55% on a QoQ basis from 0.4 in Q2 2026, and up 11.51% year-over-year from 0.37 in Q3 2025.
Analysis
Healthequity (HQY) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
Healthequity has reported Asset Utilization Ratio for 13 years, with the latest figure at 0.41 in Q3 2026.
- On a quarterly basis, Asset Utilization Ratio rose 11.51% year-over-year to 0.41 in Q3 2026; TTM through Jul 2026 was 0.41, a 11.51% increase from a year earlier, with the FY2026 full-year figure at 0.38, up 6.0% from the prior year.
- Asset Utilization Ratio was 0.41 for Q3 2026 at Healthequity, up from 0.4 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.41 in Q3 2026, with the low at 0.24 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.33, with a median of 0.33 recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio declined 10.81% in 2022, then increased 18.69% in 2023.
- Over 5 years, Asset Utilization Ratio 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 9.34% to 0.41 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.41 (Q3 2026), 0.4 (Q2 2026), and 0.39 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 111.85 Bn | 51.23 Bn | - | 0.04 |
| 2 | State Street | 53.36 Bn | 53.36 Bn | - | 0.04 |
| 3 | Northern Trust | 34.15 Bn | 34.15 Bn | - | 0.03 |
| 4 | Sei Investments | 13.24 Bn | 13.16 Bn | - | 0.74 |
| 5 | Healthequity | 7.97 Bn | 7.71 Bn | 257.95 Mn | 0.41 |
| 6 | AtlasClear Holdings | 28.46 Mn | -12.04 Mn | - | 0.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.41 |
| 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 |