Healthequity (HQY) Debt to Equity (2019 - 2026)
Healthequity's quarterly Debt to Equity came in at $0.45 in Q1 2026, down 9.03% year-on-year from $0.5 in Q1 2025, and down 1.28% quarter-over-quarter from $0.46 in Q4 2025.
Healthequity has reported Debt to Equity for 8 years, with the latest figure at $0.45 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 9.03% year-over-year to $0.45; the trailing twelve-month figure through Jan 2026 stood at $0.45 (down 9.03% YoY), and the FY2026 full-year result was $0.45, down 9.03% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.45, down from $0.46 in the prior quarter.
- The five-year high for Debt to Equity was $0.51 in Q3 2024, with the low at $0.43 in Q1 2024.
- Average Debt to Equity over 5 years is $0.48, with a median of $0.49 recorded in 2023.
- Year-over-year, Debt to Equity decreased 29.79% in 2022 and increased 16.16% in 2025.
- Tracing HQY's Debt to Equity over 5 years: stood at $0.49 in 2022, then declined by 10.64% to $0.44 in 2023, then increased by 15.69% to $0.51 in 2024, then declined by 9.55% to $0.46 in 2025, then slipped by 1.28% to $0.45 in 2026.
- The last three Debt to Equity figures came in at $0.45 (Q1 2026), $0.46 (Q4 2025), and $0.47 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | - |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 1.26 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 0.46 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | - |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | - |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 0.37 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | - |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | - |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.46 |
| Jan 31, 2026 | 0.45 |
| Oct 31, 2025 | 0.46 |
| Jul 31, 2025 | 0.47 |
| Apr 30, 2025 | 0.50 |
| Jan 31, 2025 | 0.50 |
| Oct 31, 2024 | 0.51 |
| Jul 31, 2024 | 0.51 |
| Apr 30, 2024 | 0.44 |
| Jan 31, 2024 | 0.43 |
| Oct 31, 2023 | 0.44 |
| Jul 31, 2023 | 0.45 |
| Apr 30, 2023 | 0.45 |
| Jan 31, 2023 | 0.49 |
| Oct 31, 2022 | 0.49 |
| Jul 31, 2022 | 0.50 |
| Apr 30, 2022 | 0.50 |
| Jan 31, 2022 | 0.50 |
| Oct 31, 2021 | 0.50 |
| Jul 31, 2021 | 0.52 |
| Apr 30, 2021 | 0.53 |
| Jan 31, 2021 | 0.72 |
| Oct 31, 2020 | 0.74 |
| Jul 31, 2020 | 0.75 |
| Apr 30, 2020 | 1.17 |
| Jan 31, 2020 | 1.18 |
| Oct 31, 2019 | 1.21 |