Healthequity (HQY) Return on Capital Employed (2014 - 2026)

Healthequity (HQY) posted quarterly Return on Capital Employed of 10.67% for Q2 2026, up 453.0% year-over-year from 1.93% in Q2 2025, and up 6.99% quarter-over-quarter from 9.98% in Q1 2026.

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 for Q2 2026 stood at 10.67%, up from 9.98% in the prior quarter.
  • The five-year high for Return on Capital Employed was 10.67% in Q2 2026, with the low at 1.27% in Q3 2022.
  • The 5-year median for Return on Capital Employed is 4.14% (2024), against an average of 3.81%.
  • The sharpest annual moves came in 2022 and 2026: Return on Capital Employed sank 219 bps in 2022, then surged 507 bps in 2026.
  • Healthequity's Return on Capital Employed stood at 1.06% in 2022, then surged by 391 bps to 3.08% in 2023, then soared by 54 bps to 4.75% in 2024, then soared by 88 bps to 8.93% in 2025, then increased by 20 bps to 10.67% in 2026.
  • Business Quant data shows HQY's Return on Capital Employed at 10.67% in Q2 2026, 9.98% in Q1 2026, and 8.93% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn 13.00%
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 9.85%
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 10.67%
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn -9.77%
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn 31.58%
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -8.46%
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 4.91%
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn 20.35%
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -20.94%
10 Privia Health 2.78 Bn 2.42 Bn - 5.48%

Historic Data

Download Data
DateValue
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%