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
DateValue
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