Healthequity (HQY) Price to Sales (2014 - 2026)
Healthequity (HQY) posted Price to Sales of 23.78 for Q3 2026, up 22.51% on a QoQ basis from 19.41 in Q2 2026, and down 7.56% year-over-year from 25.73 in Q3 2025.
Analysis
Healthequity (HQY) Price to Sales (2014 - 2026) Analysis & Trends
Healthequity has reported Price to Sales for 13 years, with the latest figure at 23.78 in Q3 2026.
- On a quarterly basis, Price to Sales fell 7.56% year-over-year to 23.78 in Q3 2026; TTM through Jul 2026 was 6.12, a 7.3% decrease from a year earlier, with the FY2026 full-year figure at 5.54, down 30.38% from the prior year.
- Price to Sales was 23.78 for Q3 2026 at Healthequity, up from 19.41 in the prior quarter.
- The five-year high for Price to Sales was 30.64 in Q1 2025, with the low at 18.69 in Q2 2023.
- Average Price to Sales over 5 years is 24.02, with a median of 23.87 recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Price to Sales plunged 35.73% in 2022, then rose 27.74% in 2024.
- Over 5 years, Price to Sales stood at 30.52 in 2022, then dropped by 19.13% to 24.68 in 2023, then fell by 0.17% to 24.64 in 2024, then climbed by 2.02% to 25.13 in 2025, then retreated by 5.38% to 23.78 in 2026.
- The last three Price to Sales figures came in at 23.78 (Q3 2026), 19.41 (Q2 2026), and 21.77 (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 | 23.78 |
| Apr 30, 2026 | 19.41 |
| Jan 31, 2026 | 21.77 |
| Oct 31, 2025 | 25.13 |
| Jul 31, 2025 | 25.73 |
| Apr 30, 2025 | 22.47 |
| Jan 31, 2025 | 30.64 |
| Oct 31, 2024 | 24.64 |
| Jul 31, 2024 | 22.85 |
| Apr 30, 2024 | 23.87 |
| Jan 31, 2024 | 24.81 |
| Oct 31, 2023 | 24.68 |
| Jul 31, 2023 | 23.88 |
| Apr 30, 2023 | 18.69 |
| Jan 31, 2023 | 22.06 |
| Oct 31, 2022 | 30.52 |
| Jul 31, 2022 | 23.85 |
| Apr 30, 2022 | 25.56 |
| Jan 31, 2022 | 22.02 |
| Oct 31, 2021 | 30.74 |