Healthequity HQY
NASDAQ HQY
$96.07 -2.71 (-2.74%)
At close: Sep 4, 2026 · 4:00 PM EDT

Healthequity (HQY) Debt Ratio (2019 - 2026)

Healthequity (HQY) posted Debt Ratio of 0.28 for Q3 2026, little changed on a QoQ basis from 0.29 in Q2 2026, and down 3.42% year-over-year from 0.29 in Q3 2025.

Analysis

Healthequity (HQY) Debt Ratio (2019 - 2026) Analysis & Trends

Healthequity has reported Debt Ratio for 8 years, with the latest figure at 0.28 in Q3 2026.

  • On a quarterly basis, Debt Ratio fell 3.42% year-over-year to 0.28 in Q3 2026; TTM through Jul 2026 was 0.28, a 3.42% decrease from a year earlier, with the FY2026 full-year figure at 0.28, down 7.54% from the prior year.
  • Debt Ratio was 0.28 for Q3 2026 at Healthequity, roughly flat from 0.29 in the prior quarter.
  • The five-year high for Debt Ratio was 0.31 in Q3 2024, with the low at 0.28 in Q1 2024.
  • Average Debt Ratio over 5 years is 0.3, with a median of 0.29 recorded in 2025.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio retreated 21.88% in 2022, then grew 10.76% in 2025.
  • Over 5 years, Debt Ratio stood at 0.31 in 2022, then fell by 8.06% to 0.28 in 2023, then rose by 9.65% to 0.31 in 2024, then decreased by 6.74% to 0.29 in 2025, then fell by 1.53% to 0.28 in 2026.
  • The last three Debt Ratio figures came in at 0.28 (Q3 2026), 0.29 (Q2 2026), and 0.28 (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Bank of New York Mellon 111.85 Bn 51.23 Bn - 0.07
2 State Street 53.36 Bn 53.36 Bn - -
3 Northern Trust 34.15 Bn 34.15 Bn - 0.05
4 Sei Investments 13.24 Bn 13.16 Bn - 0.01
5 Healthequity 7.97 Bn 7.71 Bn 257.95 Mn 0.28
6 AtlasClear Holdings 28.46 Mn -12.04 Mn - 0.19
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 0.28
Apr 30, 2026 0.29
Jan 31, 2026 0.28
Oct 31, 2025 0.29
Jul 31, 2025 0.29
Apr 30, 2025 0.31
Jan 31, 2025 0.31
Oct 31, 2024 0.31
Jul 31, 2024 0.31
Apr 30, 2024 0.29
Jan 31, 2024 0.28
Oct 31, 2023 0.28
Jul 31, 2023 0.28
Apr 30, 2023 0.29
Jan 31, 2023 0.31
Oct 31, 2022 0.31
Jul 31, 2022 0.31
Apr 30, 2022 0.31
Jan 31, 2022 0.30
Oct 31, 2021 0.30