Healthequity HQY
NASDAQ HQY
$96.07 -2.71 (-2.74%)
At close: Sep 4, 2026 · 4:00 PM EDT

Healthequity (HQY) FCF Margin (2013 - 2026)

Healthequity (HQY) posted FCF Margin of 34.6% for Q3 2026, up 50.4% on a QoQ basis from 23.01% in Q2 2026, and down 390.0% year-over-year from 11.93% in Q3 2025.

Analysis

Healthequity (HQY) FCF Margin (2013 - 2026) Analysis & Trends

Healthequity has reported FCF Margin for 14 years, with the latest figure at 34.6% in Q3 2026.

  • On a quarterly basis, FCF Margin fell 390.0% year-over-year to 34.6% in Q3 2026; TTM through Jul 2026 was 32.26%, a 746.0% increase from a year earlier, with the FY2026 full-year figure at 31.26%, up 719.0% from the prior year.
  • FCF Margin was 34.6% for Q3 2026 at Healthequity, up from 23.01% in the prior quarter.
  • The five-year high for FCF Margin was 39.82% in Q4 2025, with the low at 3.19% in Q2 2022.
  • Average FCF Margin over 5 years is 22.39%, with a median of 20.05% recorded in 2025.
  • The largest YoY upside for FCF Margin was 1408 bps in 2022 against a maximum downside of 1158 bps in 2022.
  • Over 5 years, FCF Margin stood at 17.05% in 2022, then rose by 7 bps to 18.25% in 2023, then soared by 42 bps to 25.96% in 2024, then surged by 53 bps to 39.82% in 2025, then declined by 13 bps to 34.6% in 2026.
  • The last three FCF Margin figures came in at 34.6% (Q3 2026), 23.01% (Q2 2026), and 32.33% (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Bank of New York Mellon 111.85 Bn 51.23 Bn - 34.85%
2 State Street 53.36 Bn 53.36 Bn - -74.14%
3 Northern Trust 34.15 Bn 34.15 Bn - -14.38%
4 Sei Investments 13.24 Bn 13.16 Bn - 19.23%
5 Healthequity 7.97 Bn 7.71 Bn 257.95 Mn 34.60%
6 AtlasClear Holdings 28.46 Mn -12.04 Mn - -95.13%
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 34.60%
Apr 30, 2026 23.01%
Jan 31, 2026 32.33%
Oct 31, 2025 39.82%
Jul 31, 2025 38.50%
Apr 30, 2025 14.71%
Jan 31, 2025 20.05%
Oct 31, 2024 25.96%
Jul 31, 2024 31.98%
Apr 30, 2024 18.19%
Jan 31, 2024 25.29%
Oct 31, 2023 18.25%
Jul 31, 2023 27.64%
Apr 30, 2023 9.22%
Jan 31, 2023 19.51%
Oct 31, 2022 17.05%
Jul 31, 2022 14.34%
Apr 30, 2022 -3.19%
Jan 31, 2022 18.14%
Oct 31, 2021 2.97%