HealthEquity Inc (NASDAQ:HQY) — Market Cap & Net Worth

$7.17 Billion USD  · Rank #2786

Market Cap & Net Worth: HealthEquity Inc (HQY)

HealthEquity Inc (NASDAQ:HQY) has a market capitalization of $7.17 Billion ($7.17 Billion) as of August 1, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #2786 globally and #991 in its home market, demonstrating a 6.66% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying HealthEquity Inc's stock price $100.61 by its total outstanding shares 84478406 (84.48 Million). See capital reinvestment ratio of HealthEquity Inc to understand how much of operating cash flow is reinvested back into capital assets.

HealthEquity Inc Market Cap History: 2015 to 2026

HealthEquity Inc's market capitalization history from 2015 to 2026. Data shows growth from $2.12 Billion to $8.50 Billion (11.62% CAGR).

Index Memberships

HealthEquity Inc is a constituent of 3 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Health Care
IXHC
$2.46 Trillion 0.29% #63 of 976
NASDAQ Composite
IXIC
$40.26 Trillion 0.02% #315 of 3165
S&P Midcap 400
MID
$3.44 Trillion 0.28% #185 of 401

Weight: HealthEquity Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

HealthEquity Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how HealthEquity Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

6.47x

HealthEquity Inc's market cap is 6.47 times its annual revenue

Industry average: 4.87x Higher than industry average

Latest Price to Earnings (P/E) Ratio

39.50x

HealthEquity Inc's market cap is 39.50 times its annual earnings

Industry average: 200.44x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2017 $3.94 Billion $178.37 Million $26.38 Million 22.10x 149.45x
2018 $5.04 Billion $229.53 Million $47.36 Million 21.95x 106.40x
2019 $6.26 Billion $287.24 Million $73.90 Million 21.78x 84.67x
2020 $5.89 Billion $531.99 Million $39.66 Million 11.07x 148.47x
2021 $3.74 Billion $733.57 Million $8.83 Million 5.09x 423.06x
2022 $5.21 Billion $756.56 Million -$44.29 Million 6.88x N/A
2023 $5.60 Billion $861.75 Million -$26.14 Million 6.50x N/A
2024 $8.11 Billion $999.59 Million $55.71 Million 8.11x 145.49x
2025 $7.74 Billion $1.20 Billion $96.70 Million 6.45x 80.03x
2026 $8.50 Billion $1.31 Billion $215.20 Million 6.47x 39.50x

Competitor Companies of HQY by Market Capitalization

Companies near HealthEquity Inc in the global market cap rankings as of August 1, 2026.

Key companies related to HealthEquity Inc by market ranking:

  • Veeva Systems Inc Class A (NYSE:VEEV): Ranked #980 globally with a market cap of $27.24 Billion USD.
  • Pro Medicus Ltd (AU:PME): Ranked #1931 globally with a market cap of $11.99 Billion USD ( AU$16.95 Billion AUD).
  • Waystar Holding Corp. Common Stock (NASDAQ:WAY): Ranked #4028 globally with a market cap of $4.05 Billion USD.
  • Hinge Health, Inc. (NYSE:HNGE): Ranked #4354 globally with a market cap of $3.58 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#980 Veeva Systems Inc Class A NYSE:VEEV $27.24 Billion $203.78
#1931 Pro Medicus Ltd AU:PME $11.99 Billion AU$162.21
#4028 Waystar Holding Corp. Common Stock NASDAQ:WAY $4.05 Billion $21.11
#4354 Hinge Health, Inc. NYSE:HNGE $3.58 Billion $74.71

HealthEquity Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, HealthEquity Inc's market cap moved from $2.12 Billion to $ 8.50 Billion, with a yearly change of 11.62%.

Year Market Cap Change (%)
2026 $8.50 Billion +9.82%
2025 $7.74 Billion -4.52%
2024 $8.11 Billion +44.72%
2023 $5.60 Billion +7.56%
2022 $5.21 Billion +39.33%
2021 $3.74 Billion -36.54%
2020 $5.89 Billion -5.89%
2019 $6.26 Billion +24.17%
2018 $5.04 Billion +27.84%
2017 $3.94 Billion +15.15%
2016 $3.42 Billion +61.63%
2015 $2.12 Billion --

End of Day Market Cap According to Different Sources

On Aug 1st, 2026 the market cap of HealthEquity Inc was reported to be:

Source Market Cap
Yahoo Finance $7.17 Billion USD
MoneyControl $7.17 Billion USD
MarketWatch $7.17 Billion USD
marketcap.company $7.17 Billion USD
Reuters $7.17 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About HealthEquity Inc

NASDAQ:HQY USA Health Information Services
Market Cap
$8.50 Billion
Market Cap Rank
#2786 Global
#991 in USA
Share Price
$100.61
Change (1 day)
-0.38%
52-Week Range
$73.21 - $105.44
All Time High
$114.51
About

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 Consoli… Read more