Healthequity (HQY) Equity Ratio (2014 - 2026)
Healthequity (HQY) recorded quarterly Equity Ratio of 0.62 in Q2 2026, down 0.66% quarter-over-quarter from 0.62 in Q1 2026, and little changed on a YoY basis from 0.62 in Q2 2025.
Healthequity (HQY) Equity Ratio (2014 - 2026) Analysis & Trends
Healthequity's Equity Ratio history runs 13 years deep, the most recent figure standing at 0.62 for Q2 2026.
- In Q2 2026, Equity Ratio changed 0.39% year-over-year to 0.62; the TTM figure through Apr 2026 stood at 0.62 (changed 0.39% YoY), while the FY2026 annual figure was 0.62, up 1.65% from the prior year.
- Equity Ratio was 0.62 for Q2 2026 at Healthequity, down from 0.62 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.65 in Q2 2024 to a low of 0.6 in Q1 2022.
- Historically, Equity Ratio has averaged 0.62 across 5 years, with a median of 0.62 in 2025.
- The sharpest annual moves came in 2022 and 2024: Equity Ratio increased 17.21% in 2022, then declined 5.22% in 2024.
- A 5-year view of Equity Ratio shows it stood at 0.61 in 2022, then increased by 4.59% to 0.64 in 2023, then decreased by 5.22% to 0.61 in 2024, then advanced by 3.11% to 0.63 in 2025, then retreated by 1.39% to 0.62 in 2026.
- The last three Equity Ratio figures came in at 0.62 (Q2 2026), 0.62 (Q1 2026), and 0.63 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 0.80 |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 0.32 |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 0.62 |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 0.15 |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 0.80 |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 0.85 |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 0.67 |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 0.53 |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 0.63 |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | 0.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.62 |
| Jan 31, 2026 | 0.62 |
| Oct 31, 2025 | 0.63 |
| Jul 31, 2025 | 0.63 |
| Apr 30, 2025 | 0.62 |
| Jan 31, 2025 | 0.61 |
| Oct 31, 2024 | 0.61 |
| Jul 31, 2024 | 0.61 |
| Apr 30, 2024 | 0.65 |
| Jan 31, 2024 | 0.64 |
| Oct 31, 2023 | 0.64 |
| Jul 31, 2023 | 0.64 |
| Apr 30, 2023 | 0.63 |
| Jan 31, 2023 | 0.61 |
| Oct 31, 2022 | 0.61 |
| Jul 31, 2022 | 0.61 |
| Apr 30, 2022 | 0.61 |
| Jan 31, 2022 | 0.60 |
| Oct 31, 2021 | 0.60 |
| Jul 31, 2021 | 0.59 |