HealthEquity Inc (HQY) — Cash Flow Quality Index

Latest as of January 2026: 2.37x

HealthEquity Inc (HQY) has a Cash Flow Quality Index of 2.37x as of January 2026. Operating cash flow of $117.92 Million exceeds net income of $49.74 Million, indicating high earnings quality where cash backs reported profits. Explore HealthEquity Inc (HQY) cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

2.37x
Operating CF / Net Income

Operating Cash Flow

$117.92 Million
USD

Net Income

$49.74 Million
USD

Data as of

Jan 2026
Most recent filing

HealthEquity Inc Cash Flow Quality Index (2013–2026)

Historical Cash Flow Quality Index for HealthEquity Inc across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check HealthEquity Inc (HQY) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for HealthEquity Inc (2013–2026)

Year-by-year earnings quality comparison for HealthEquity Inc. For live market cap and the full company financial profile, see HealthEquity Inc (HQY) total market value.

Year Quality Index Operating CF (USD) Net Income YoY Change
2026 2.12x $457.09 Million $215.20 Million ▼ -39.6%
2025 3.51x $339.86 Million $96.70 Million ▼ -19.4%
2024 4.36x $242.83 Million $55.71 Million ▼ -78.8%
2021 20.56x $181.62 Million $8.83 Million ▲ +670.3%
2020 2.67x $105.86 Million $39.66 Million ▲ +73.9%
2019 1.53x $113.42 Million $73.90 Million ▼ -11.0%
2018 1.73x $81.70 Million $47.36 Million ▼ -0.2%
2017 1.73x $45.59 Million $26.38 Million ▲ +8.2%
2016 1.60x $26.54 Million $16.61 Million ▲ +7.9%
2015 1.48x $15.05 Million $10.17 Million ▼ -89.9%
2014 14.61x $18.02 Million $1.23 Million ▲ +1286.5%
2013 1.05x $11.77 Million $11.17 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.