HealthEquity Inc (HQY) — Free Cash Flow Generation Index
HealthEquity Inc (HQY) has a Free Cash Flow Generation Index of 0.86x as of January 2026. Free cash flow of $101.53 Million represents 1% of operating cash flow ($117.92 Million). Read HQY current and long-term liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
HealthEquity Inc Free Cash Flow Generation Index (2013–2026)
Historical FCF Generation Index trend for HealthEquity Inc across 14 annual periods. Explore HealthEquity Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for HealthEquity Inc (2013–2026)
Year-by-year Free Cash Flow Generation Index for HealthEquity Inc. For the full company profile including market capitalisation, see HealthEquity Inc market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 1.00x | $455.12 Million | $457.09 Million | $1.97 Million | ▲ +0.2% |
| 2025 | 0.99x | $337.77 Million | $339.86 Million | $2.08 Million | ▲ +22.7% |
| 2024 | 0.81x | $196.75 Million | $242.83 Million | $46.07 Million | ▲ +287.2% |
| 2023 | 0.21x | $31.52 Million | $150.65 Million | $119.13 Million | ▲ +653.8% |
| 2022 | 0.03x | $3.91 Million | $141.00 Million | $137.08 Million | ▼ -94.0% |
| 2021 | 0.47x | $84.66 Million | $181.62 Million | $96.96 Million | ▼ -22.6% |
| 2020 | 0.60x | $63.78 Million | $105.86 Million | $42.07 Million | ▼ -30.5% |
| 2019 | 0.87x | $98.38 Million | $113.42 Million | $15.04 Million | ▲ +46.7% |
| 2018 | 0.59x | $48.32 Million | $81.70 Million | $33.38 Million | ▼ -18.1% |
| 2017 | 0.72x | $32.92 Million | $45.59 Million | $12.68 Million | ▲ +182.5% |
| 2016 | -0.87x | $-23.22 Million | $26.54 Million | $49.76 Million | ▼ -290.4% |
| 2015 | 0.46x | $6.91 Million | $15.05 Million | $8.13 Million | ▼ -34.2% |
| 2014 | 0.70x | $12.58 Million | $18.02 Million | $5.44 Million | ▼ -9.0% |
| 2013 | 0.77x | $9.03 Million | $11.77 Million | $2.74 Million | — |