Healthequity (HQY) EV to EBITDA (2014 - 2026)
Healthequity (HQY) posted EV to EBITDA of 81.93 for Q3 2026, up 27.43% on a QoQ basis from 64.29 in Q2 2026, and down 9.12% year-over-year from 90.15 in Q3 2025.
Analysis
Healthequity (HQY) EV to EBITDA (2014 - 2026) Analysis & Trends
Healthequity has reported EV to EBITDA for 13 years, with the latest figure at 81.93 in Q3 2026.
- On a quarterly basis, EV to EBITDA fell 9.12% year-over-year to 81.93 in Q3 2026; TTM through Jul 2026 was 23.01, a 33.22% decrease from a year earlier, with the FY2026 full-year figure at 21.6, down 62.14% from the prior year.
- EV to EBITDA was 81.93 for Q3 2026 at Healthequity, up from 64.29 in the prior quarter.
- The five-year high for EV to EBITDA was 1151.89 in Q4 2022, with the low at 1965.17 in Q3 2022.
- Average EV to EBITDA over 5 years is 43.57, with a median of 110.75 recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: EV to EBITDA sank 153.13% in 2022, then jumped 337.78% in 2023.
- Over 5 years, EV to EBITDA stood at 1151.89 in 2022, then tumbled by 83.65% to 188.28 in 2023, then jumped by 91.6% to 360.74 in 2024, then slumped by 72.57% to 98.97 in 2025, then slipped by 17.22% to 81.93 in 2026.
- The last three EV to EBITDA figures came in at 81.93 (Q3 2026), 64.29 (Q2 2026), and 97.98 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank of New York Mellon | 111.85 Bn | 51.23 Bn | - |
| 2 | State Street | 53.36 Bn | 53.36 Bn | - |
| 3 | Northern Trust | 34.15 Bn | 34.15 Bn | - |
| 4 | Sei Investments | 13.24 Bn | 13.16 Bn | - |
| 5 | Healthequity | 7.97 Bn | 7.71 Bn | 257.95 Mn |
| 6 | AtlasClear Holdings | 28.46 Mn | -12.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 81.93 |
| Apr 30, 2026 | 64.29 |
| Jan 31, 2026 | 97.98 |
| Oct 31, 2025 | 98.97 |
| Jul 31, 2025 | 90.15 |
| Apr 30, 2025 | 86.01 |
| Jan 31, 2025 | 219.68 |
| Oct 31, 2024 | 360.74 |
| Jul 31, 2024 | 110.75 |
| Apr 30, 2024 | 158.89 |
| Jan 31, 2024 | 157.01 |
| Oct 31, 2023 | 188.28 |
| Jul 31, 2023 | 223.37 |
| Apr 30, 2023 | 187.34 |
| Jan 31, 2023 | 371.01 |
| Oct 31, 2022 | 1,151.89 |
| Jul 31, 2022 | -1,965.17 |
| Apr 30, 2022 | -699.19 |
| Jan 31, 2022 | -156.03 |
| Oct 31, 2021 | -13,340.42 |