HealthEquity Inc (HQY)
Profitability ratios
Return on sales
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 64.97% | 64.85% | 63.59% | 62.28% | 60.22% | 58.55% | 58.47% | 58.70% | 59.03% | 59.34% | 58.82% | 58.60% | 59.29% | 59.47% | 60.45% | 61.18% | 62.06% | 64.22% | 63.91% | 63.66% |
| Operating profit margin | 12.28% | 10.05% | 7.54% | 4.66% | 1.11% | -3.98% | -4.99% | -4.86% | -3.38% | 0.20% | 1.86% | 3.31% | 4.86% | 6.97% | 7.00% | 10.47% | 14.66% | 19.78% | 27.27% | 27.74% |
| Pretax margin | 7.83% | 4.95% | 2.04% | -1.18% | -4.67% | -10.38% | -11.33% | -10.70% | -9.30% | -3.44% | -1.55% | -0.57% | 0.59% | 0.68% | -4.39% | -0.99% | 8.22% | 15.04% | 33.68% | 34.86% |
| Net profit margin | 5.81% | 3.18% | 1.45% | -0.99% | -3.21% | -7.45% | -8.30% | -7.52% | -6.17% | -0.86% | 0.10% | 0.63% | 1.26% | 0.46% | -2.86% | -0.05% | 7.55% | 13.25% | 27.86% | 30.47% |
HealthEquity Inc has shown a consistent improvement in profitability ratios over the past several periods. The gross profit margin has been increasing steadily, from 60.22% in January 2020 to 64.97% in January 2024. This indicates the company's ability to efficiently manage its production costs and generate a higher percentage of revenue as gross profit.
Similarly, the operating profit margin has shown a positive trend, rising from -4.99% in July 2022 to 12.28% in January 2024. This signifies the company's success in controlling its operating expenses and operational efficiency in generating profits from its core business activities.
The pretax margin and net profit margin have also displayed a notable improvement, with the most recent values standing at 7.83% and 5.81% respectively in January 2024. This suggests that HealthEquity Inc has effectively managed its tax obligations and other non-operational costs to enhance its overall profitability.
Overall, HealthEquity Inc's profitability ratios demonstrate a positive financial performance trajectory, indicating sound management decisions and operational effectiveness in driving profitability.
Return on investment
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.72% | 2.97% | 2.17% | 1.30% | 0.29% | -1.02% | -1.21% | -1.17% | -0.78% | 0.05% | 0.42% | 0.73% | 1.25% | 1.89% | 1.82% | 2.51% | 3.00% | 3.09% | 8.02% | 14.21% |
| Return on assets (ROA) | 1.76% | 0.94% | 0.42% | -0.28% | -0.85% | -1.92% | -2.02% | -1.80% | -1.43% | -0.20% | 0.02% | 0.14% | 0.33% | 0.12% | -0.74% | -0.01% | 1.55% | 2.07% | 8.19% | 15.61% |
| Return on total capital | 4.48% | 3.54% | 2.58% | 1.54% | 0.37% | -1.32% | -1.45% | -1.38% | -1.09% | 0.30% | 0.60% | 0.92% | 1.69% | 2.07% | 0.67% | 1.40% | 3.07% | 3.19% | 10.72% | 20.18% |
| Return on equity (ROE) | 2.74% | 1.47% | 0.66% | -0.44% | -1.38% | -3.12% | -3.33% | -2.98% | -2.39% | -0.33% | 0.04% | 0.24% | 0.64% | 0.24% | -1.48% | -0.03% | 3.85% | 5.20% | 8.85% | 17.60% |
HealthEquity Inc's profitability ratios have shown fluctuations over the past couple of years.
Operating return on assets (Operating ROA) has ranged from 3.72% in Jan 2024 to -1.21% in Jul 2022. This ratio indicates the company's ability to generate profits from its assets used in operations, with a recent improvement suggesting better operational efficiency.
Return on assets (ROA) has varied between 1.76% in Jan 2024 to -1.92% in Oct 2022. This metric measures overall profitability relative to total assets, with the company experiencing both positive and negative returns during the period.
Return on total capital has ranged from 4.48% in Jan 2024 to -1.45% in Jul 2022. This ratio considers the return generated from all forms of capital employed by the company, highlighting fluctuations in capital efficiency and profitability.
Return on equity (ROE) fluctuated between 2.74% in Jan 2024 to -3.33% in Oct 2022. ROE reflects the return earned for each dollar of shareholder equity, indicating the company's ability to generate profits for its shareholders, albeit with some periods of negative returns.
Overall, HealthEquity Inc's profitability ratios demonstrate varying levels of operational and financial performance over the past few years, with some improvements seen in more recent periods. Further analysis would be needed to understand the underlying factors driving these fluctuations and to assess the company's future profitability prospects.