HealthStream Inc
HealthStream, Inc. provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States. The company offers hStream, a technology platform; CredentialStream, provides healthcare organizations with tools to support the provider lifecycle management from recruiting, application submission, verification of licensure and other credentials, privileging, appointmen… Read more
HealthStream Inc (HSTM) - Net Assets
Latest net assets as of December 2025: $354.02 Million USD
Based on the latest financial reports, HealthStream Inc (HSTM) has net assets worth $354.02 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($520.37 Million) and total liabilities ($166.35 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $354.02 Million |
| % of Total Assets | 68.03% |
| Annual Growth Rate | 13.2% |
| 5-Year Change | 4.43% |
| 10-Year Change | 23.74% |
| Growth Volatility | 69.32 |
HealthStream Inc - Net Assets Trend (1999–2025)
This chart illustrates how HealthStream Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HealthStream Inc (1999–2025)
The table below shows the annual net assets of HealthStream Inc from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $354.02 Million | -1.48% |
| 2024-12-31 | $359.36 Million | +5.46% |
| 2023-12-31 | $340.75 Million | +2.00% |
| 2022-12-31 | $334.06 Million | -1.46% |
| 2021-12-31 | $339.02 Million | +1.48% |
| 2020-12-31 | $334.06 Million | -1.21% |
| 2019-12-31 | $338.17 Million | +6.03% |
| 2018-12-31 | $318.95 Million | +6.26% |
| 2017-12-31 | $300.17 Million | +4.91% |
| 2016-12-31 | $286.11 Million | +2.06% |
| 2015-12-31 | $280.32 Million | +67.00% |
| 2014-12-31 | $167.86 Million | +12.33% |
| 2013-12-31 | $149.43 Million | +13.04% |
| 2012-12-31 | $132.20 Million | +9.33% |
| 2011-12-31 | $120.92 Million | +112.91% |
| 2010-12-31 | $56.79 Million | +9.59% |
| 2009-12-31 | $51.82 Million | +40.96% |
| 2008-12-31 | $36.76 Million | +2.94% |
| 2007-12-31 | $35.71 Million | +20.51% |
| 2006-12-31 | $29.63 Million | +14.86% |
| 2005-12-31 | $25.80 Million | +18.73% |
| 2004-12-31 | $21.73 Million | -3.67% |
| 2003-12-31 | $22.56 Million | -12.89% |
| 2002-12-31 | $25.90 Million | -39.13% |
| 2001-12-31 | $42.54 Million | -31.40% |
| 2000-12-31 | $62.02 Million | +339.84% |
| 1999-12-31 | $14.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HealthStream Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 13248700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $123.59 Million | 34.91% |
| Common Stock | $231.80 Million | 65.48% |
| Other Comprehensive Income | $-1.36 Million | -0.38% |
| Total Equity | $354.02 Million | 100.00% |
HealthStream Inc Competitors by Market Cap
The table below lists competitors of HealthStream Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EXP WORLD HLDG DL-00001
F:44Y
|
$489.52 Million |
|
Zhanjiang Guolian Aquatic Products
SHE:300094
|
$489.56 Million |
|
SCG PACKAGING -NVDR- BA1
F:5Y7
|
$489.60 Million |
|
Shanghai Jinfeng Wine Co Ltd
SHG:600616
|
$489.63 Million |
|
Tessenderlo
BR:TESB
|
$489.45 Million |
|
Harbin Jiuzhou Electrical Co Ltd
SHE:300040
|
$489.29 Million |
|
Guangzhou Haoyun Security Technologies Co Ltd
SHE:300448
|
$489.26 Million |
|
Shanghai Anlogic Infotech Co Ltd
SHG:688107
|
$489.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HealthStream Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 359,355,000 to 354,023,000, a change of -5,332,000 (-1.5%).
- Net income of 18,342,000 contributed positively to equity growth.
- Dividend payments of 3,729,000 reduced retained earnings.
- Share repurchases of 30,022,000 reduced equity.
- Other comprehensive income increased equity by 687,999.
- Other factors increased equity by 9,389,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.34 Million | +5.18% |
| Dividends Paid | $3.73 Million | -1.05% |
| Share Repurchases | $30.02 Million | -8.48% |
| Other Comprehensive Income | $688.00K | +0.19% |
| Other Changes | $9.39 Million | +2.65% |
| Total Change | $- | -1.48% |
Book Value vs Market Value Analysis
This analysis compares HealthStream Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.58x to 1.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $3.75 | $20.93 | x |
| 2000-12-31 | $3.93 | $20.93 | x |
| 2001-12-31 | $2.14 | $20.93 | x |
| 2002-12-31 | $1.28 | $20.93 | x |
| 2003-12-31 | $1.11 | $20.93 | x |
| 2004-12-31 | $1.06 | $20.93 | x |
| 2005-12-31 | $1.18 | $20.93 | x |
| 2006-12-31 | $1.33 | $20.93 | x |
| 2007-12-31 | $1.57 | $20.93 | x |
| 2008-12-31 | $1.66 | $20.93 | x |
| 2009-12-31 | $2.37 | $20.93 | x |
| 2010-12-31 | $2.53 | $20.93 | x |
| 2011-12-31 | $5.09 | $20.93 | x |
| 2012-12-31 | $4.81 | $20.93 | x |
| 2013-12-31 | $5.40 | $20.93 | x |
| 2014-12-31 | $5.99 | $20.93 | x |
| 2015-12-31 | $9.21 | $20.93 | x |
| 2016-12-31 | $8.92 | $20.93 | x |
| 2017-12-31 | $9.32 | $20.93 | x |
| 2018-12-31 | $9.86 | $20.93 | x |
| 2019-12-31 | $10.43 | $20.93 | x |
| 2020-12-31 | $10.44 | $20.93 | x |
| 2021-12-31 | $10.72 | $20.93 | x |
| 2022-12-31 | $10.88 | $20.93 | x |
| 2023-12-31 | $11.11 | $20.93 | x |
| 2024-12-31 | $11.77 | $20.93 | x |
| 2025-12-31 | $11.74 | $20.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HealthStream Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.03%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.47x
- Recent ROE (5.18%) is above the historical average (-2.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -31.91% | -173.08% | 0.15x | 1.24x | $-5.91 Million |
| 2000 | -32.71% | -210.17% | 0.14x | 1.14x | $-26.49 Million |
| 2001 | -46.01% | -144.97% | 0.27x | 1.16x | $-23.83 Million |
| 2002 | -64.26% | -105.39% | 0.48x | 1.27x | $-19.23 Million |
| 2003 | -15.13% | -18.75% | 0.64x | 1.26x | $-5.67 Million |
| 2004 | -4.82% | -5.23% | 0.70x | 1.31x | $-3.22 Million |
| 2005 | 7.41% | 6.99% | 0.78x | 1.36x | $-667.09K |
| 2006 | 8.44% | 7.86% | 0.78x | 1.38x | $-463.76K |
| 2007 | 11.44% | 9.30% | 0.82x | 1.49x | $515.85K |
| 2008 | 7.77% | 5.53% | 0.98x | 1.44x | $-821.48K |
| 2009 | 26.96% | 24.34% | 0.81x | 1.37x | $8.79 Million |
| 2010 | 7.32% | 6.32% | 0.80x | 1.44x | $-1.52 Million |
| 2011 | 5.74% | 8.46% | 0.53x | 1.28x | $-5.15 Million |
| 2012 | 5.78% | 7.37% | 0.59x | 1.32x | $-5.57 Million |
| 2013 | 5.63% | 6.36% | 0.62x | 1.42x | $-6.53 Million |
| 2014 | 6.19% | 6.09% | 0.66x | 1.53x | $-6.39 Million |
| 2015 | 3.08% | 4.12% | 0.55x | 1.35x | $-19.41 Million |
| 2016 | 1.31% | 1.66% | 0.57x | 1.38x | $-24.86 Million |
| 2017 | 3.33% | 4.04% | 0.60x | 1.37x | $-20.01 Million |
| 2018 | 10.10% | 13.91% | 0.53x | 1.38x | $322.30K |
| 2019 | 4.66% | 6.21% | 0.52x | 1.45x | $-18.05 Million |
| 2020 | 4.22% | 5.76% | 0.49x | 1.50x | $-19.32 Million |
| 2021 | 1.72% | 2.28% | 0.53x | 1.44x | $-28.06 Million |
| 2022 | 3.62% | 4.53% | 0.54x | 1.49x | $-21.32 Million |
| 2023 | 4.46% | 5.45% | 0.56x | 1.47x | $-18.86 Million |
| 2024 | 5.57% | 6.86% | 0.57x | 1.42x | $-15.93 Million |
| 2025 | 5.18% | 6.03% | 0.58x | 1.47x | $-17.06 Million |
Industry Comparison
This section compares HealthStream Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HealthStream Inc (HSTM) | $354.02 Million | -31.91% | 0.47x | $489.48 Million |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |