HealthEquityFRA:2HE -4.00%92 FCF Margin % is 22.91% as of Apr. 2026, which is 51% above its 10-year median of 15.14. GuruFocus rates FRA:2HE with a GF Score™ of 92/100 and a GF Value™ of €83.82. The stock has 1 warning sign investors should review. Among 666 Healthcare Providers & Services companies, HealthEquity ranks better than 97.75% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. HealthEquity's Free Cash Flow for the
three
months ended in Apr. 2026 was €69 Mil. HealthEquity's Revenue for the
three
months ended in Apr. 2026 was €303 Mil. Therefore, HealthEquity's FCF Margin % for the quarter that ended in Apr. 2026 was 22.91%.
The historical rank and industry rank for HealthEquity's FCF Margin % or its related term are showing as below:
FRA:2HE'
s FCF Margin % Range Over the Past 10 Years
Min: -13.8 Med: 15.14 Max: 34.25
Current: 32.99
During the past 13 years, the highest FCF Margin % of HealthEquity was 34.25%. The lowest was -13.80%. And the median was 15.14%.
FRA:2HE's FCF Margin % is ranked better than 97.75% of 666
companies
in the Healthcare Providers & Services industry
Industry Median: 3.22
vs FRA:2HE: 32.99
HealthEquity FCF Margin % Related Terms
HealthEquity FCF Margin % Historical Data
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The historical data trend for HealthEquity's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:2HE vs HNGE, TEM, TXG: FCF Margin % Comparison
For the Health Information Services subindustry, HealthEquity's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
HealthEquity FCF Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, HealthEquity's FCF Margin % distribution charts can be found below:
* The bar in red indicates where HealthEquity's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HealthEquity (FRA:2HE) has a FCF Margin % of 22.91% as of Apr. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on HealthEquity and its competitors. This is 51% above median its historical median of 15.14. According to the industry distribution chart, HealthEquity ranks #15 out of 666 companies in the Healthcare Providers & Services industry, placing it in the top 2.3%.
Is HealthEquity's FCF Margin % too high?
HealthEquity's current FCF Margin % of 22.91% is 51% above median its 10-year median of 15.14. The Healthcare Providers & Services industry median FCF Margin % is 3.22. HealthEquity's value of 22.91% is 611.5% above this industry median. Based on the distribution chart, HealthEquity ranks #15 out of 666 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, HealthEquity has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does HealthEquity's FCF Margin % compare to HNGE and TEM?
According to the Healthcare Providers & Services industry distribution chart, HealthEquity ranks #15 out of 666 companies for FCF Margin %. This places HealthEquity in the top 2% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.22. HealthEquity's value of 22.91% is 611.5% above this benchmark. While the company's 10-year median is 15.14 vs. the industry median of 3.22, HealthEquity has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Healthcare Providers & Services company?
The median FCF Margin % among Healthcare Providers & Services companies is 3.22, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HealthEquity's current FCF Margin % of 22.91% is 611.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on HealthEquity and its competitors. For the Healthcare Providers & Services industry, the median FCF Margin % is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HealthEquity's current FCF Margin % is 22.91%, which is 51% above median its own 10-year median of 15.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthEquity stock overvalued right now?
HealthEquity (FRA:2HE) has a current FCF Margin % of 22.91%. The stock's GF Value™ is €83.82, compared to a current price of €72.00 — trading 14.1% below its estimated fair value. The current FCF Margin % is 22.91%, which is 51% above median its 10-year median of 15.14 and 611.5% above the Healthcare Providers & Services industry median of 3.22. HealthEquity's overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For HealthEquity (FRA:2HE), the current FCF Margin % is 22.91% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HealthEquity (FRA:2HE) Overvalued in 2026?
Based on GuruFocus' analysis, HealthEquity stock appears to be undervalued.
The current stock price of €72.00 is trading 14.1% below its estimated GF Value™ of €83.82.
Key valuation signals for FRA:2HE:
FCF Margin %: 22.91% (51% above median its 10-year median of 15.14)
GF Value™: €83.82 vs. price of €72.00 (14.1% below fair value)
Industry Position: 611.5% above the Healthcare Providers & Services median (#15 of 666)
No single metric tells the full story. See the FRA:2HE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. It provides payment processing services, personalized benefit information, the ability to earn wellness incentives, and investment advice to grow their tax-advantaged healthcare savings. It manages 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 administers Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It also provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.
92GF Score
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