Financial Snapshot

Revenue
$1.150B
TTM
Gross Margin
65.23%
TTM
Net Earnings
$96.70M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
320.47%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$2.125B
Q4 2024
Cash
Q4 2024
P/E
93.01
Nov 29, 2024 EST
Free Cash Flow
$29.56M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $999.6M $861.7M $756.6M $733.6M $532.0M $287.2M $229.5M $178.4M $126.8M $87.86M $62.02M $46.09M
YoY Change 16.0% 13.9% 3.13% 37.89% 85.21% 25.15% 28.68% 40.69% 44.31% 41.67% 34.56%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $999.6M $861.7M $756.6M $733.6M $532.0M $287.2M $229.5M $178.4M $126.8M $87.86M $62.02M $46.09M
Cost Of Revenue $377.0M $371.7M $332.9M $318.2M $206.1M $106.1M $94.61M $72.02M $54.19M $39.88M $29.21M $21.97M
Gross Profit $622.6M $490.1M $423.7M $415.3M $325.9M $181.2M $134.9M $106.4M $72.60M $47.97M $32.80M $24.12M
Gross Profit Margin 62.29% 56.87% 56.0% 56.62% 61.26% 63.08% 58.78% 59.63% 57.26% 54.6% 52.89% 52.33%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $182.9M $164.5M $143.0M $134.5M $104.5M $62.54M $48.25M $38.47M $27.42M $18.96M $12.50M $11.16M
YoY Change 11.22% 15.03% 6.34% 28.65% 67.12% 29.61% 25.42% 40.33% 44.58% 51.71% 11.98%
% of Gross Profit 29.38% 33.56% 33.75% 32.37% 32.07% 34.51% 35.76% 36.17% 37.76% 39.53% 38.1% 46.28%
Research & Development $218.8M $193.4M $157.4M $124.8M $77.58M $35.06M $27.39M $22.38M $16.83M $10.50M $7.142M $4.229M
YoY Change 13.15% 22.88% 26.08% 60.89% 121.29% 28.02% 22.39% 32.93% 60.29% 47.03% 68.88%
% of Gross Profit 35.14% 39.46% 37.14% 30.05% 23.8% 19.35% 20.3% 21.04% 23.19% 21.89% 21.77% 17.53%
Depreciation & Amortization $153.1M $161.2M $137.2M $115.9M $55.35M $18.19M $15.95M $13.19M $8.601M $5.890M $4.270M $3.365M
YoY Change -5.04% 17.5% 18.36% 109.39% 204.38% 14.0% 20.98% 53.31% 46.03% 37.94% 26.89%
% of Gross Profit 24.59% 32.89% 32.38% 27.91% 16.98% 10.04% 11.82% 12.4% 11.85% 12.28% 13.02% 13.95%
Operating Expenses $504.9M $452.4M $447.9M $381.3M $248.9M $103.5M $80.50M $65.14M $46.46M $31.10M $21.28M $17.03M
YoY Change 11.6% 1.0% 17.47% 53.2% 140.43% 28.6% 23.57% 40.23% 49.37% 46.16% 24.96%
Operating Profit $117.7M $37.65M -$24.24M $34.01M $77.01M $77.67M $54.42M $41.21M $26.14M $16.87M $11.52M $7.092M
YoY Change 212.59% -255.35% -171.26% -55.83% -0.85% 42.73% 32.04% 57.64% 54.94% 46.42% 62.49%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $55.46M -$48.42M $36.57M $34.88M $24.77M $270.0K $274.0K $0.00 $0.00 $0.00 $44.00K $326.0K
YoY Change -214.52% -232.41% 4.85% 40.81% 9074.81% -1.46% -100.0% -86.5%
% of Operating Profit 47.12% -128.61% 102.55% 32.17% 0.35% 0.5% 0.0% 0.0% 0.0% 0.38% 4.6%
Other Income/Expense, Net -$42.66M $1.271M -$42.50M -$29.87M -$33.85M -$1.852M -$2.229M -$1.092M -$589.0K -$1.109M -$6.150M -$590.0K
YoY Change -3456.33% -102.99% 42.27% -11.75% 1727.81% -16.91% 104.12% 85.4% -46.89% -81.97% 942.37%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income $75.04M -$38.10M -$66.74M $4.140M $43.16M $75.82M $52.19M $40.12M $25.55M $15.76M $5.374M $6.502M
YoY Change -296.98% -42.92% -1712.1% -90.41% -43.08% 45.28% 30.08% 57.0% 62.1% 193.34% -17.35%
Income Tax $19.33M -$11.95M -$22.45M -$4.694M $3.491M $1.919M $4.827M $13.74M $8.941M $5.598M $4.141M -$4.667M
% Of Pretax Income 25.76% -113.38% 8.09% 2.53% 9.25% 34.26% 34.99% 35.51% 77.06% -71.78%
Net Earnings $55.71M -$26.14M -$44.29M $8.834M $39.66M $73.90M $47.36M $26.38M $16.61M $10.17M $1.233M $11.17M
YoY Change -313.1% -40.97% -601.35% -77.73% -46.33% 56.03% 79.56% 58.77% 63.42% 724.49% -88.96%
Net Earnings / Revenue 5.57% -3.03% -5.85% 1.2% 7.46% 25.73% 20.63% 14.79% 13.1% 11.57% 1.99% 24.23%
Basic Earnings Per Share $0.65 -$0.31 -$0.53 $0.12 $0.59 $1.20 $0.79 $0.45 $0.29 $0.39 -$1.26 $0.81
Diluted Earnings Per Share $0.64 -$0.31 -$0.53 $0.12 $0.58 $1.17 $0.77 $0.44 $0.28 $0.21 -$1.26 $0.25

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $404.0M $254.3M $225.4M $328.8M $191.7M $361.5M $240.3M $180.4M $123.8M $111.0M $13.90M $5.900M
YoY Change 58.88% 12.8% -31.44% 71.52% -46.97% 50.44% 33.2% 45.72% 11.53% 698.56% 135.59%
Cash & Equivalents $404.0M $254.3M $225.4M $328.8M $191.7M $361.5M $199.5M $140.0M $83.60M $111.0M $13.90M $5.900M
Short-Term Investments $0.00 $40.80M $40.40M $40.10M
Other Short-Term Assets $48.56M $31.79M $38.50M $58.60M $34.70M $7.500M $3.300M $2.900M $4.300M $4.000M $3.700M $5.000M
YoY Change 52.76% -17.41% -34.31% 68.88% 362.67% 127.27% 13.79% -32.56% 7.5% 8.11% -26.0%
Inventory $200.0K $600.0K $600.0K $600.0K $400.0K $300.0K
Prepaid Expenses
Receivables $104.9M $96.84M $87.43M $72.80M $70.90M $25.70M $21.60M $17.00M $14.30M $9.100M $5.700M $4.200M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $557.4M $382.9M $351.3M $460.2M $297.3M $394.7M $265.4M $200.8M $143.0M $124.7M $23.80M $15.30M
YoY Change 45.59% 8.98% -23.66% 54.79% -24.68% 48.72% 32.17% 40.42% 14.68% 423.95% 55.56%
Property, Plant & Equipment $54.39M $69.32M $86.99M $118.6M $116.7M $8.200M $7.800M $5.200M $3.500M $2.600M $2.000M $1.100M
YoY Change -21.54% -20.3% -26.66% 1.63% 1323.17% 5.13% 50.0% 48.57% 34.62% 30.0% 81.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $300.0K
YoY Change
Other Assets $67.87M $52.18M $49.81M $37.40M $35.10M $22.80M $7.600M $3.500M $1.500M $300.0K
YoY Change 30.07% 4.76% 33.17% 6.55% 53.95% 200.0% 117.14% 133.33% 400.0%
Total Long-Term Assets $2.606B $2.706B $2.756B $2.250B $2.268B $115.3M $103.8M $78.30M $76.80M $34.10M $31.30M $31.00M
YoY Change -3.68% -1.81% 22.47% -0.77% 1866.78% 11.08% 32.57% 1.95% 125.22% 8.95% 0.97%
Total Assets $3.164B $3.089B $3.107B $2.710B $2.565B $510.0M $369.2M $279.1M $219.8M $158.8M $55.10M $46.30M
YoY Change
Accounts Payable $12.04M $13.90M $27.54M $1.600M $4.000M $3.500M $2.400M $3.200M $2.400M $1.300M $2.400M $900.0K
YoY Change -13.37% -49.53% 1621.31% -60.0% 14.29% 45.83% -25.0% 33.33% 84.62% -45.83% 166.67%
Accrued Expenses $105.1M $99.66M $116.9M $140.6M $108.9M $25.50M $18.10M $12.50M $9.700M $7.500M $7.100M $3.900M
YoY Change 5.41% -14.74% -16.86% 29.11% 327.06% 40.88% 44.8% 28.87% 29.33% 5.63% 82.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $17.50M $8.750M $62.50M $39.10M $0.00 $2.100M
YoY Change -100.0% 100.0% -86.0% 59.85% -100.0%
Total Short-Term Liabilities $117.1M $131.1M $153.2M $204.7M $151.9M $29.10M $20.50M $15.70M $12.10M $8.800M $9.400M $8.300M
YoY Change -10.66% -14.44% -25.17% 34.76% 421.99% 41.95% 30.57% 29.75% 37.5% -6.38% 13.25%
Long-Term Debt $875.0M $907.8M $922.1M $924.2M $1.182B $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -3.62% -1.54% -0.23% -21.78%
Other Long-Term Liabilities $68.04M $71.70M $79.42M $83.00M $70.60M $3.000M $2.400M $1.500M $200.0K $500.0K $6.600M $900.0K
YoY Change -5.1% -9.72% -4.32% 17.56% 2253.33% 25.0% 60.0% 650.0% -60.0% -92.42% 633.33%
Total Long-Term Liabilities $943.0M $979.5M $1.001B $1.007B $1.252B $3.000M $2.400M $1.500M $200.0K $500.0K $6.600M $900.0K
YoY Change -3.73% -2.19% -0.57% -19.57% 41640.0% 25.0% 60.0% 650.0% -60.0% -92.42% 633.33%
Total Liabilities $1.129B $1.193B $1.255B $1.332B $1.535B $32.90M $22.90M $17.20M $16.30M $14.70M $21.10M $11.50M
YoY Change -5.4% -4.88% -5.8% -13.23% 4564.74% 43.67% 33.14% 5.52% 10.88% -30.33% 83.48%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $8.9944 Billion

About HEALTHEQUITY, INC.

HealthEquity, Inc. engages in the provision of technology-enabled services for healthcare and spending decisions. The company is headquartered in Draper, Utah and currently employs 3,126 full-time employees. The company went IPO on 2014-07-31. The firm uses its technology to manage consumers' tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and to administer Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. The company offers a mutual fund investment platform and access to an online-only automated investment advisory service to all its members. The company offers multiple cloud-based platforms, accessed by its members online via a desktop or mobile device, through which individuals can make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings and make investment choices.

Industry: Services-Business Services, NEC Peers: Alignment Healthcare, Inc. Elevance Health, Inc. Progyny, Inc. CENTENE CORP CLOVER HEALTH INVESTMENTS, CORP. /DE HUMANA INC MOLINA HEALTHCARE, INC. PACIFIC HEALTH CARE ORGANIZATION INC UNITEDHEALTH GROUP INC