Healthequity (HQY) Invested Capital (2019 - 2026)
Healthequity (HQY) posted Invested Capital of $2.9 billion for Q3 2026, down 2.3% on a QoQ basis from $3.0 billion in Q2 2026, and down 7.36% year-over-year from $3.2 billion in Q3 2025.
Analysis
Healthequity (HQY) Invested Capital (2019 - 2026) Analysis & Trends
Healthequity has reported Invested Capital for 8 years, with the latest figure at $2.9 billion in Q3 2026.
- On a quarterly basis, Invested Capital fell 7.36% year-over-year to $2.9 billion in Q3 2026; TTM through Jul 2026 was $2.9 billion, a 7.36% decrease from a year earlier, with the FY2026 full-year figure at $3.1 billion, down 3.36% from the prior year.
- Invested Capital was $2.9 billion for Q3 2026 at Healthequity, down from $3.0 billion in the prior quarter.
- The five-year high for Invested Capital was $3.3 billion in Q3 2024, with the low at $2.8 billion in Q2 2023.
- Average Invested Capital over 5 years is $3.0 billion, with a median of $2.9 billion recorded in 2026.
- The sharpest annual moves came in 2024 and 2026: Invested Capital climbed 15.42% in 2024, then retreated 7.36% in 2026.
- Over 5 years, Invested Capital stood at $2.8 billion in 2022, then rose by 1.31% to $2.9 billion in 2023, then rose by 12.0% to $3.2 billion in 2024, then dropped by 2.79% to $3.1 billion in 2025, then declined by 6.26% to $2.9 billion in 2026.
- The last three Invested Capital figures came in at $2.9 billion (Q3 2026), $3.0 billion (Q2 2026), and $3.1 billion (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 111.85 Bn | 51.23 Bn | - | 80.45 Bn |
| 2 | State Street | 53.36 Bn | 53.36 Bn | - | - |
| 3 | Northern Trust | 34.15 Bn | 34.15 Bn | - | 22.03 Bn |
| 4 | Sei Investments | 13.24 Bn | 13.16 Bn | - | 2.57 Bn |
| 5 | Healthequity | 7.97 Bn | 7.71 Bn | 257.95 Mn | 2.92 Bn |
| 6 | AtlasClear Holdings | 28.46 Mn | -12.04 Mn | - | 36.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.92 Bn |
| Apr 30, 2026 | 2.99 Bn |
| Jan 31, 2026 | 3.06 Bn |
| Oct 31, 2025 | 3.12 Bn |
| Jul 31, 2025 | 3.15 Bn |
| Apr 30, 2025 | 3.18 Bn |
| Jan 31, 2025 | 3.17 Bn |
| Oct 31, 2024 | 3.21 Bn |
| Jul 31, 2024 | 3.26 Bn |
| Apr 30, 2024 | 3.02 Bn |
| Jan 31, 2024 | 2.91 Bn |
| Oct 31, 2023 | 2.86 Bn |
| Jul 31, 2023 | 2.82 Bn |
| Apr 30, 2023 | 2.79 Bn |
| Jan 31, 2023 | 2.84 Bn |
| Oct 31, 2022 | 2.83 Bn |
| Jul 31, 2022 | 2.81 Bn |
| Apr 30, 2022 | 2.80 Bn |
| Jan 31, 2022 | 2.79 Bn |
| Oct 31, 2021 | 2.81 Bn |