Healthequity (HQY) EV to FCF (2014 - 2026)
Healthequity (HQY) posted EV to FCF of 66.62 for Q3 2026, down 17.88% on a QoQ basis from 81.12 in Q2 2026, and up 3.46% year-over-year from 64.39 in Q3 2025.
Analysis
Healthequity (HQY) EV to FCF (2014 - 2026) Analysis & Trends
Healthequity has reported EV to FCF for 13 years, with the latest figure at 66.62 in Q3 2026.
- On a quarterly basis, EV to FCF rose 3.46% year-over-year to 66.62 in Q3 2026; TTM through Jul 2026 was 18.4, a 28.33% decrease from a year earlier, with the FY2026 full-year figure at 16.96, down 47.11% from the prior year.
- EV to FCF was 66.62 for Q3 2026 at Healthequity, down from 81.12 in the prior quarter.
- The five-year high for EV to FCF was 192.71 in Q2 2023, with the low at 777.12 in Q2 2022.
- Average EV to FCF over 5 years is 62.7, with a median of 92.0 recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: EV to FCF slumped 314.49% in 2022, then soared 124.8% in 2023.
- Over 5 years, EV to FCF stood at 173.27 in 2022, then slipped by 26.21% to 127.86 in 2023, then fell by 28.99% to 90.79 in 2024, then slumped by 33.12% to 60.72 in 2025, then climbed by 9.72% to 66.62 in 2026.
- The last three EV to FCF figures came in at 66.62 (Q3 2026), 81.12 (Q2 2026), and 64.38 (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 | 66.62 |
| Apr 30, 2026 | 81.12 |
| Jan 31, 2026 | 64.38 |
| Oct 31, 2025 | 60.72 |
| Jul 31, 2025 | 64.39 |
| Apr 30, 2025 | 146.78 |
| Jan 31, 2025 | 148.10 |
| Oct 31, 2024 | 90.79 |
| Jul 31, 2024 | 68.05 |
| Apr 30, 2024 | 126.42 |
| Jan 31, 2024 | 92.00 |
| Oct 31, 2023 | 127.86 |
| Jul 31, 2023 | 82.09 |
| Apr 30, 2023 | 192.71 |
| Jan 31, 2023 | 107.47 |
| Oct 31, 2022 | 173.27 |
| Jul 31, 2022 | 160.30 |
| Apr 30, 2022 | -777.12 |
| Jan 31, 2022 | 115.28 |
| Oct 31, 2021 | 915.03 |