Healthequity (HQY) Interest Coverage Ratio (2013 - 2026)
Healthequity's (HQY) quarterly Interest Coverage Ratio came in at 4.12 in Q2 2026, up 9.55% year-on-year from 3.76 in Q2 2025, and down 23.11% quarter-over-quarter from 5.36 in Q1 2026.
Healthequity (HQY) Interest Coverage Ratio (2013 - 2026) Analysis & Trends
Healthequity's Interest Coverage Ratio history runs 14 years deep, the most recent figure standing at 4.12 for Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 9.55% year-over-year to 4.12 in Q2 2026; TTM through Apr 2026 was 13.69, a 48.5% increase from a year earlier, with the FY2026 full-year figure at 3.3, up 23.39% from the prior year.
- Interest Coverage Ratio retreated to 4.12 in Q2 2026 per HQY's latest filing, from 5.36 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 5.36 in Q1 2026 and bottomed at 2.54 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 1.45 (2024), against an average of 2.09.
- Biggest YoY gain for Interest Coverage Ratio was 1739.94% in 2022; the steepest drop was 509.29% in 2022.
- Year by year, Interest Coverage Ratio stood at 0.13 in 2022, then soared by 641.68% to 0.95 in 2023, then climbed by 0.16% to 0.95 in 2024, then surged by 254.73% to 3.36 in 2025, then grew by 22.45% to 4.12 in 2026.
- Per Business Quant, the three latest HQY Interest Coverage Ratio figures stand at 4.12 (Q2 2026), 5.36 (Q1 2026), and 3.36 (Q4 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.62 Bn | 24.31 Bn | 662.02 Mn | 0.94 |
| 2 | BrightSpring Health Services | 14.72 Bn | 13.82 Bn | 482.22 Mn | 2.04 |
| 3 | Healthequity | 8.29 Bn | 8.02 Bn | 256.31 Mn | 4.12 |
| 4 | Hinge Health | 5.89 Bn | 5.57 Bn | 154.23 Mn | 0.80 |
| 5 | 10x Genomics | 5.88 Bn | 5.34 Bn | 106.18 Mn | -0.98 |
| 6 | MiniMed | 4.49 Bn | 4.20 Bn | 480.00 Mn | -8.45 |
| 7 | Waystar Holding | 4.44 Bn | 4.38 Bn | 216.84 Mn | 3.89 |
| 8 | Doximity | 3.94 Bn | 3.19 Bn | 125.97 Mn | 40.30 |
| 9 | Privia Health | 3.18 Bn | 2.76 Bn | - | 0.09 |
| 10 | Omnicell | 1.86 Bn | 1.62 Bn | 140.36 Mn | 1.61 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 4.12 |
| Jan 31, 2026 | 5.36 |
| Oct 31, 2025 | 3.36 |
| Jul 31, 2025 | 3.95 |
| Apr 30, 2025 | 3.76 |
| Jan 31, 2025 | 5.03 |
| Oct 31, 2024 | 0.95 |
| Jul 31, 2024 | 3.26 |
| Apr 30, 2024 | 1.80 |
| Jan 31, 2024 | 5.02 |
| Oct 31, 2023 | 0.95 |
| Jul 31, 2023 | 0.77 |
| Apr 30, 2023 | 1.11 |
| Jan 31, 2023 | 0.92 |
| Oct 31, 2022 | 0.13 |
| Jul 31, 2022 | -0.09 |
| Apr 30, 2022 | -0.22 |
| Jan 31, 2022 | -2.54 |
| Oct 31, 2021 | -0.01 |
| Jul 31, 2021 | -0.01 |