HealthEquity Inc (HQY)
Profitability ratios
Return on sales
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 64.56% | 65.16% | 65.58% | 64.94% | 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% |
| Operating profit margin | 13.48% | 13.79% | 15.65% | 13.37% | 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% |
| Pretax margin | 9.64% | 10.04% | 12.01% | 9.65% | 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% |
| Net profit margin | 8.03% | 8.38% | 9.71% | 7.90% | 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% |
HealthEquity Inc's profitability ratios have shown some fluctuations over the years. The Gross Profit Margin has generally been stable around the range of 58% to 65%. The Operating Profit Margin saw a significant improvement from negative figures to around 13-15% in recent periods. The Pretax Margin also improved from negative levels to around 8-10% in the most recent periods. The Net Profit Margin followed a similar trend, gradually increasing from negative levels to around 8-9% lately. Overall, the company has shown positive trends in profitability, with improvements in operational efficiency and cost management contributing to the bottom line.
Return on investment
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.71% | 4.56% | 4.85% | 4.19% | 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% |
| Return on assets (ROA) | 2.80% | 2.77% | 3.01% | 2.48% | 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% |
| Return on total capital | 5.23% | 5.21% | 5.58% | 4.98% | 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% |
| Return on equity (ROE) | 4.57% | 4.55% | 4.90% | 3.83% | 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% |
HealthEquity Inc's profitability ratios show a mixed performance over the reporting periods.
- Operating return on assets (Operating ROA) fluctuated, with a declining trend from April 2022 through October 2022, before rebounding and showing consistent growth until January 2025. This indicates the company's ability to generate profits from its operating activities relative to its total assets improved over the period.
- Return on assets (ROA) had a negative trend initially, reaching a low point in July 2022, but then steadily improved, indicating the company's efficiency in generating profits from its assets also improved over time.
- Return on total capital showed a similar improvement trend as Operating ROA and ROA, with periods of decline followed by recovery and consistent growth from January 2023 to January 2025. This ratio indicates the return generated from the company's total invested capital.
- Return on equity (ROE) had a negative trend in the beginning, improving consistently over the reporting period. This ratio reflects the return generated for the company's shareholders' equity.
Overall, HealthEquity Inc's profitability ratios show a positive trend from the later part of the analysis period, indicating improved profitability and efficiency in utilizing its assets and capital. However, the company experienced some challenges with profitability earlier on, as seen in the negative ratios during those periods.