HealthEquity Inc (HQY) — Cash Flow Reinvestment Rate

Latest as of January 2026: 0.14x

HealthEquity Inc (HQY) has a Cash Flow Reinvestment Rate of 0.14x as of January 2026, reinvesting $16.38 Million (capex $16.38 Million ) from operating cash flow of $117.92 Million. See cash generation quality of HealthEquity Inc to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.14x
(Capex + Investments) / Operating CF

Total Reinvested

$16.38 Million
Capex + Investments

Operating Cash Flow

$117.92 Million
USD

Capital Expenditures

$16.38 Million
USD

HealthEquity Inc Cash Flow Reinvestment Rate (2013–2026)

Historical reinvestment intensity for HealthEquity Inc across 14 annual periods. For the full cash flow conversion analysis, see HealthEquity Inc cash conversion from operations.

Annual Cash Flow Reinvestment Rate for HealthEquity Inc (2013–2026)

Year-by-year capital reinvestment analysis for HealthEquity Inc. See HealthEquity Inc (HQY) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2026 0.01x $3.61 Million $457.09 Million $1.97 Million ▼ -99.5%
2025 1.49x $507.54 Million $339.86 Million $2.08 Million ▲ +293.5%
2024 0.38x $92.15 Million $242.83 Million $46.07 Million ▼ -76.0%
2023 1.58x $238.25 Million $150.65 Million $119.13 Million ▲ +59.9%
2022 0.99x $139.45 Million $141.00 Million $137.08 Million ▼ -7.4%
2021 1.07x $193.93 Million $181.62 Million $96.96 Million ▲ +17.8%
2020 0.91x $95.92 Million $105.86 Million $42.07 Million ▲ +84.4%
2019 0.49x $55.74 Million $113.42 Million $15.04 Million ▲ +18.6%
2018 0.41x $33.87 Million $81.70 Million $33.38 Million ▲ +44.8%
2017 0.29x $13.05 Million $45.59 Million $12.68 Million ▼ -91.6%
2016 3.41x $90.55 Million $26.54 Million $49.76 Million ▲ +508.4%
2015 0.56x $8.44 Million $15.05 Million $8.13 Million ▲ +85.7%
2014 0.30x $5.44 Million $18.02 Million $5.44 Million ▲ +29.8%
2013 0.23x $2.74 Million $11.77 Million $2.74 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow