Healthequity (HQY) EBIT Margin (2013 - 2026)
Healthequity (HQY) recorded EBIT Margin of 28.14% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 0.64 percentage points from 27.50% a year earlier but down 0.89 percentage points from the prior quarter.
Healthequity (HQY) EBIT Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Healthequity's EBIT Margin came in at 25.80% as of Jul 31, 2026, up 7.32 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 24.55%, up 11.02 percentage points from FY2025.
- Annual EBIT Margin has increased for four straight fiscal years, with a five-year change of +19.91 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, EBIT Margin came in at 13.53% in FY2025 (+1.76 pp), 11.77% in FY2024 (+10.72 pp), 1.05% in FY2023 (+4.25 pp) and -3.20% in FY2022 (-7.84 pp).
- Quarterly EBIT Margin has ranged from -13.40% in fiscal Q4 2022 to 29.03% in fiscal Q1 2027 over the past five years.
- On a year-over-year basis, EBIT Margin has increased for six consecutive quarters, with an average year-over-year change of +5.19 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 19.06 percentage points in fiscal Q4 2023, against a drop of 12.56 percentage points in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 29.03% (Q1 2027), 21.24% (Q4 2026) and 24.43% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 66.36% |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 119.30% |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 64.89% |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 38.52% |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 28.12% |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 83.30% |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 138.98% |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 191.07% |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 32.99% |
| 10 | Healthequity | 7.33 Bn | 6.18 Bn | 257.95 Mn | 28.14% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 28.14% |
| Apr 30, 2026 | 29.03% |
| Jan 31, 2026 | 21.24% |
| Oct 31, 2025 | 24.43% |
| Jul 31, 2025 | 27.50% |
| Apr 30, 2025 | 25.11% |
| Jan 31, 2025 | 13.52% |
| Oct 31, 2024 | 6.53% |
| Jul 31, 2024 | 19.65% |
| Apr 30, 2024 | 14.48% |
| Jan 31, 2024 | 14.82% |
| Oct 31, 2023 | 12.40% |
| Jul 31, 2023 | 10.16% |
| Apr 30, 2023 | 9.48% |
| Jan 31, 2023 | 5.65% |
| Oct 31, 2022 | 2.56% |
| Jul 31, 2022 | -1.17% |
| Apr 30, 2022 | -3.54% |
| Jan 31, 2022 | -13.40% |
| Oct 31, 2021 | -0.20% |
Healthequity EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=HQY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "HQY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=HQY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();