Healthequity (HQY) EV to EBITDA (2014 - 2026)
Healthequity's EV to EBITDA was 15.88 in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 23.0% from 20.63 a year earlier but up 19.1% from the prior quarter.
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Analysis
Healthequity (HQY) EV to EBITDA (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Healthequity's EV to EBITDA was 14.13 through Jul 31, 2026, down 22.9% year-over-year; for FY2026 (ended Jan 31, 2026), it was 14.60, down 48.8% from FY2025.
- In earlier fiscal years, EV to EBITDA was 28.51 in FY2025 (+26.4%), 22.55 in FY2024 (-21.7%), 28.80 in FY2023 (-23.5%) and 37.64 in FY2022 (-7.8%).
- Quarterly EV to EBITDA has moved between 13.33 (fiscal Q1 2027) and 49.82 (fiscal Q3 2023) over five years.
- Compared with a year earlier, EV to EBITDA has declined for four straight quarters, with an average decline of 14.4% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was fiscal Q3 2022 (growth of 66.0%); the worst was fiscal Q1 2024 (a decline of 53.6%).
- Per Business Quant data, HQY's EV to EBITDA in the three fiscal quarters before Q2 2027 was 13.33 (Q1 2027), 14.60 (Q4 2026) and 17.36 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn |
| 10 | Healthequity | 7.33 Bn | 6.18 Bn | 257.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 15.88 |
| Apr 30, 2026 | 13.33 |
| Jan 31, 2026 | 14.60 |
| Oct 31, 2025 | 17.36 |
| Jul 31, 2025 | 20.63 |
| Apr 30, 2025 | 19.52 |
| Jan 31, 2025 | 28.51 |
| Oct 31, 2024 | 22.11 |
| Jul 31, 2024 | 19.86 |
| Apr 30, 2024 | 22.88 |
| Jan 31, 2024 | 22.55 |
| Oct 31, 2023 | 23.48 |
| Jul 31, 2023 | 24.56 |
| Apr 30, 2023 | 21.68 |
| Jan 31, 2023 | 28.80 |
| Oct 31, 2022 | 49.82 |
| Jul 31, 2022 | 41.12 |
| Apr 30, 2022 | 46.70 |
| Jan 31, 2022 | 37.64 |
| Oct 31, 2021 | 37.50 |
API Access
Healthequity EV to EBITDA 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=ev-to-ebitda&ticker=HQY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=HQY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();