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| 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% |