The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

HQY

Concerning the House

HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. It offers health savings accounts (HAS); investment platform; online-only automated investment advisory services through Advisor, a Web-based tool. The company also provides flexible spending accounts (FSA) for health and dependent care; health reimbursement arrangements; and Consolidated Omnibus Budget Reconciliation Act continuation services, as well as administers pre-tax commuter benefit programs. In addition, the company offers HSA and FSA members with access to certain healthcare products, programs, and services through its marketplace. It serves clients through a direct sales force; and brokers and advisors, a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. HealthEquity, Inc. was incorporated in 2002 and is based in Draper, Utah.

United States · www.healthequity.com

The Long Run

FY 2015–2026 · 12 years

LineLatestCAGRTrend
Revenue$1.31B+50.5%
Gross profit$913.12M+35.3%
Operating income$322.46M+39.5%
Net income$215.20M+67.6%
Cash from ops$242.83M+28.8%
Quotation

$105.59

+0.09 (+0.1%)

52w hi$106.79
52w lo$73.21
Vol878.14K
As ofAug 13
The Verdict

Hold

Our score +0.39

Short+0.41
Medium+0.38
Long+0.36

computed 2026-08-13

By the Numbers

HealthEquity, Inc.

Healthcare · Health Information Services

Market cap$8.85B
Enterprise value$9.54B
Trailing P/E39.55x
Forward P/E19.38x
EV / EBITDA19.03x
P / S (ttm)6.60x
Profit margin17.3%
Return on equity11.1%
Revenue growth+7.2%
Earnings growth+34.4%
Debt / equity48.09
Risk Metrics
Beta vs SPX0.91
Corr SPX0.39
Annual vol37.9%
Annual ret+29.1%
Sharpe0.77
Max DD-36.1%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.27
Sector+0.12
Technical+0.00
Earnings+0.00
Sentiment+0.60

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$105.70$107.45$104.39$105.59878.14K
Aug 12$103.87$106.67$102.61$105.50538.80K
Aug 11$106.80$107.24$105.11546.40K
Aug 10$103.78$107.62$103.73$106.79623.90K
Aug 7$103.93$105.40$103.18$104.63537.50K