Healthequity (HQY) Interest Coverage Ratio (2013 - 2026)
Healthequity's (HQY) Interest Coverage Ratio stood at 7.83 in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 30.7% from 5.99 a year earlier but down 4.3% from the prior quarter.
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Analysis
Healthequity (HQY) Interest Coverage Ratio (2013 - 2026) Analysis & Trends
On a TTM basis, Healthequity's Interest Coverage Ratio came in at 6.69 as of Jul 31, 2026, up 80.5% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 5.64, up 110.8% from FY2025.
- Across earlier fiscal years, Interest Coverage Ratio came in at 2.68 in FY2025 (+26.1%), 2.12 in FY2024, 0.19 in FY2023 and -0.66 in FY2022.
- Quarterly Interest Coverage Ratio has ranged from -2.54 in fiscal Q4 2022 to 8.18 in fiscal Q1 2027 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio has increased for six consecutive quarters, with growth averaging 81.1% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 418.2% in fiscal Q3 2026, against a decline of 52.6% in fiscal Q3 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 8.18 (Q1 2027), 5.36 (Q4 2026) and 5.60 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 5.46 |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 1.50 |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 25.39 |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 6.79 |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 8.28 |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 1.70 |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 2.23 |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 1.70 |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 36.06 |
| 10 | Healthequity | 7.33 Bn | 6.18 Bn | 257.95 Mn | 7.83 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.83 |
| Apr 30, 2026 | 8.18 |
| Jan 31, 2026 | 5.36 |
| Oct 31, 2025 | 5.60 |
| Jul 31, 2025 | 5.99 |
| Apr 30, 2025 | 5.59 |
| Jan 31, 2025 | 2.76 |
| Oct 31, 2024 | 1.08 |
| Jul 31, 2024 | 3.82 |
| Apr 30, 2024 | 3.53 |
| Jan 31, 2024 | 2.85 |
| Oct 31, 2023 | 2.28 |
| Jul 31, 2023 | 1.86 |
| Apr 30, 2023 | 1.55 |
| Jan 31, 2023 | 0.92 |
| Oct 31, 2022 | 0.46 |
| Jul 31, 2022 | -0.21 |
| Apr 30, 2022 | -0.70 |
| Jan 31, 2022 | -2.54 |
| Oct 31, 2021 | -0.03 |
API Access
Healthequity Interest Coverage Ratio 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=interest-coverage-ratio&ticker=HQY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=HQY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();