Company / Free Cash Flow
HealthEquity Free Cash Flow History
FY2017-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$241.1M
FY2026
5-year range
$97.7M / $455.1M
FY2022-FY2026
Trend
-47.0%
vs FY2025
Sector context
#58 of 151
Health Care
What the data says
At $241M, HealthEquity's free cash flow ranks #58 of 151 in the Health Care sector. Free Cash Flow has fluctuated over the past 10 years, ranging from $76M in FY2017 to $455M in FY2025.
Based on SEC 10-K filings.
$241M in FY2026 with a 5-year CAGR of +17.1%.
Declined from $338M to $241M over the past 2 years.
Health Care sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- +0.0%
- 5-Year CAGR
- +17.1%
- 10-Year CAGR
- -
Sector benchmark
#58 of 151 in Health CareTop 38% of 151This company $241.1M Sector average $779.8M
▼
-69.1% below sector average
Key checks
Key Insights
- 5-year CAGR of +17.1%, indicating consistent growth.
- In FY2026, free cash flow decreased 47.0% year-over-year.
- Ranks #58 out of 151 companies in the Health Care sector.
- Peak free cash flow was recorded in FY2025.
Company context
Key Data Points
- Altman Z-Score 1.18 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | $241.1M | -47.0% |
| FY2025 | $455.1M | +34.7% |
| FY2024 | $337.8M | +40.1% |
| FY2023 | $241.1M | +146.7% |
| FY2022 | $97.7M | -10.8% |
| FY2021 | $109.6M | -35.0% |
| FY2020 | $168.5M | +72.5% |
| FY2019 | $97.7M | -10.8% |
| FY2018 | $109.6M | +43.7% |
| FY2017 | $76.2M | +81.8% |
As of FY2026 · SEC 10-K · Updated Jun 30, 2026