Healthequity (HQY) Return on Invested Capital (2020 - 2023)
Healthequity's (HQY) quarterly Return on Invested Capital came in at 0.02% in Q4 2023, up 3.0% year-on-year from 0.02% in Q4 2022, and up 95.59% quarter-over-quarter from 0.01% in Q3 2023.
Healthequity (HQY) Return on Invested Capital (2020 - 2023) Analysis & Trends
Healthequity's Return on Invested Capital history runs 4 years deep, the most recent figure standing at 0.02% for Q4 2023.
- On a quarterly basis, Return on Invested Capital rose 3.0% year-over-year to 0.02% in Q4 2023; TTM through Oct 2023 was 0.02%, a 3.0% increase from a year earlier, with the FY2023 full-year figure at 0.0%, up 1.0% from the prior year.
- Return on Invested Capital advanced to 0.02% in Q4 2023 per HQY's latest filing, from 0.01% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.02% in Q4 2023 and bottomed at 0.01% in Q4 2022.
- The 4-year median for Return on Invested Capital is 0.0% (2020), against an average of 0.0%.
- Across the five-year window, Return on Invested Capital declined 1 bps in 2021 and gained 3 bps in 2023, its largest moves.
- Year by year, Return on Invested Capital stood at 0.0% in 2020, then tumbled by 99 bps to 0.0% in 2021, then tumbled by 34331 bps to 0.01% in 2022, then soared by 556 bps to 0.02% in 2023.
- Per Business Quant, the three latest HQY Return on Invested Capital figures stand at 0.02% (Q4 2023), 0.01% (Q3 2023), and 0.01% (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | - |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 0.01% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | - |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | - |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | - |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | - |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 0.05% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | - |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | - |
| 10 | Omnicell | 1.81 Bn | 1.57 Bn | 140.36 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 31, 2023 | 0.02% |
| Jul 31, 2023 | 0.01% |
| Apr 30, 2023 | 0.01% |
| Jan 31, 2023 | 0.00% |
| Oct 31, 2022 | -0.01% |
| Jul 31, 2022 | 0.00% |
| Apr 30, 2022 | 0.00% |
| Jan 31, 2022 | 0.00% |
| Oct 31, 2021 | 0.00% |
| Jul 31, 2021 | 0.00% |
| Apr 30, 2021 | 0.00% |
| Jan 31, 2021 | 0.00% |
| Oct 31, 2020 | 0.00% |
| Jul 31, 2020 | 0.00% |
| Apr 30, 2020 | 0.00% |
| Jan 31, 2020 | 0.01% |