Healthequity (HQY) Return on Capital Employed (2014 - 2026)
Healthequity (HQY) recorded quarterly Return on Capital Employed of 10.67% in Q2 2026, up 6.99% quarter-over-quarter from 9.98% in Q1 2026, and up 453.0% on a YoY basis from 1.93% in Q2 2025.
Healthequity (HQY) Return on Capital Employed (2014 - 2026) Analysis & Trends
Healthequity's Return on Capital Employed history runs 13 years deep, the most recent figure standing at 10.67% for Q2 2026.
- In Q2 2026, Return on Capital Employed rose 453.0% year-over-year to 10.67%; the TTM figure through Apr 2026 stood at 10.67% (up 453.0% YoY), while the FY2026 annual figure was 9.9%, up 474.0% from the prior year.
- Return on Capital Employed was 10.67% for Q2 2026 at Healthequity, up from 9.98% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 10.67% in Q2 2026 to a low of 1.27% in Q3 2022.
- Historically, Return on Capital Employed has averaged 3.81% across 5 years, with a median of 4.14% in 2024.
- The sharpest annual moves came in 2022 and 2026: Return on Capital Employed slumped 219 bps in 2022, then soared 507 bps in 2026.
- A 5-year view of Return on Capital Employed shows it stood at 1.06% in 2022, then soared by 391 bps to 3.08% in 2023, then jumped by 54 bps to 4.75% in 2024, then jumped by 88 bps to 8.93% in 2025, then rose by 20 bps to 10.67% in 2026.
- The last three Return on Capital Employed figures came in at 10.67% (Q2 2026), 9.98% (Q1 2026), and 8.93% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 13.00% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 2.09% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 10.67% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | -163.65% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -4.23% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 21.81% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 4.73% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 4.60% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 2.23% |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | -8.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 10.67% |
| Jan 31, 2026 | 9.98% |
| Oct 31, 2025 | 8.93% |
| Jul 31, 2025 | 7.11% |
| Apr 30, 2025 | 6.15% |
| Jan 31, 2025 | 4.90% |
| Oct 31, 2024 | 4.75% |
| Jul 31, 2024 | 5.23% |
| Apr 30, 2024 | 4.37% |
| Jan 31, 2024 | 3.91% |
| Oct 31, 2023 | 3.08% |
| Jul 31, 2023 | 2.26% |
| Apr 30, 2023 | 1.33% |
| Jan 31, 2023 | 0.31% |
| Oct 31, 2022 | -1.06% |
| Jul 31, 2022 | -1.27% |
| Apr 30, 2022 | -1.21% |
| Jan 31, 2022 | -0.82% |
| Oct 31, 2021 | 0.05% |
| Jul 31, 2021 | 0.45% |