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HealthEquity HQY Free cash flow margin

Free cash flow margin at other companies

UnitedHealth Group logo
UnitedHealth GroupUNH
4.4%-1.7pp
Webster Financial Corporation logo
Webster Financial CorporationWBS
44.5%-1.6pp
Willis Towers Watson logo
Willis Towers WatsonWTW
16.7%+4.7pp
WEX logo
WEXWEX
3.9%-7.0pp
CVS Health logo
CVS HealthCVS
2.8%
Community Financial System logo
Community Financial SystemCBU
28.9%+3.3pp

Other financials

Income statement

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Revenue$354.6M+7.2%
Gross profit$256.3M+14.3%
Operating income$103.0M+23.9%
Net income$69.4M+28.8%
EPS (diluted)$0.82+34.4%

Balance sheet

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Cash & equivalents$265.4M-7.8%
Total debt$984.7M-11.0%
Total equity$2.0B-3.6%
Total assets$3.3B-3.2%

Cash flow

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Operating cash flow$97.5M+50.6%
CapEx$362.0K+321%
Free cash flow$97.2M+50.3%

Valuation

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Market cap$8.73B+11.0%
Enterprise value$9.45B+9.7%
P/E37.8×-16.1×
P/S6.5×+0.3×

Profitability

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Gross margin70.7%+5.2pp
Operating margin25.6%+9.2pp
Net margin17.3%+7.5pp

Returns & leverage

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Return on equity11.1%+5.3pp
Debt / equity0.5×0.0×
Current ratio3.4×-0.6×

Where this comes from

Calculated from HealthEquity’s reported figures.

Based on trailing twelve months.

The source filing: HealthEquity’s 10-Q, filed May 28, 2026. Open the filing →

Filed
May 28, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001428336-26-000028

FAQ

What is HealthEquity's free cash flow margin?
HealthEquity (HQY) reported free cash flow margin of 36.5% in Q1 2026.
How has HealthEquity's free cash flow margin changed year-over-year?
HealthEquity's free cash flow margin increased by 34.2% year-over-year, from 27.2% to 36.5%.
What is the long-term trend for HealthEquity's free cash flow margin?
Over 5 years (2021 to 2026), HealthEquity's free cash flow margin has grown at a 8.6% compound annual growth rate (CAGR), from 23% to 34.7%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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