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HealthEquity, Inc. - Common Stock (HQY)

NASDAQ Mid Cap

Industrials › Services-Business Services, NEC

$82.51
Market Cap: $7.0B
Data as of Oct 31, 2025 (TTM)

Price History

Feb 9, 2026 — Mar 29, 2026

Investment Snapshot

  • Trading 145% above Graham Number — above intrinsic value estimate
  • Piotroski F-Score 9/9 — financially strong with improving fundamentals
  • ROE of 8.1% — below-average profitability
  • Revenue growing at 9% annually

HealthEquity, Inc. - Common Stock (HQY) is a Industrials company operating in Services-Business Services, NEC, listed on the NASDAQ , with a market capitalisation of $7.0 billion . Key value metrics: P/E ratio 40.7, P/B ratio 3.31, Piotroski F-Score 9 out of 9 (strong financial health) .

Value Score

Key Metrics

P/E Ratio
40.72
3.31
EPS
$2.03
Div. Yield
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 5 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Industrials stocks →

HealthEquity, Inc. - Common Stock — Fundamental Analysis Summary

HealthEquity, Inc. - Common Stock (HQY) is currently trading 145% above its Graham Number of $33.72, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 40.7x.

On financial health, HQY shows a strong Piotroski F-Score of 9/9, indicating improving fundamentals across profitability, leverage, and efficiency, and modest return on equity of 8.1% (sector average: 5.5%), and manageable leverage with a debt-to-equity ratio of 0.45.

StockPik's composite Value Score for HQY is 77/100 — placing it in undervalued territory. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

HQY reports a high gross margin of 68.9% (sector average: 24.7%) and a strong operating margin of 21.2%.

HQY shows revenue growing at 9% year-over-year, with earnings growing at 123%.

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High Piotroski F-Score stocks
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How is the Value Score calculated?
Read our full methodology →
How is the Graham Number calculated?
Benjamin Graham's intrinsic value formula, worked examples, and how to use it →
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