Healthequity (HQY) Asset Utilization Ratio (2014 - 2026)
Healthequity (HQY) posted quarterly Asset Utilization Ratio of 0.4 for Q2 2026, up 10.45% year-over-year from 0.36 in Q2 2025, and up 3.21% quarter-over-quarter from 0.39 in Q1 2026.
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 for Q2 2026 stood at 0.4, up from 0.39 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.4 in Q2 2026, with the low at 0.24 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 0.32 (2024), against an average of 0.32.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio slipped 10.81% in 2022, then climbed 18.69% in 2023.
- Healthequity's Asset Utilization Ratio stood at 0.27 in 2022, then rose by 16.42% to 0.32 in 2023, then climbed by 4.21% to 0.33 in 2024, then gained by 15.29% to 0.38 in 2025, then gained by 5.59% to 0.4 in 2026.
- Business Quant data shows HQY's Asset Utilization Ratio at 0.4 in Q2 2026, 0.39 in Q1 2026, and 0.38 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.36 |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 0.40 |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 0.60 |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 0.93 |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 0.68 |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 0.21 |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 0.59 |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 0.58 |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 1.62 |
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 |