HealthEquity (FRA:2HE) OCF Margin %: 27.50% (As of Apr. 2026) — Near Median


FRA:2HE HealthEquity Inc FRA:2HE
92 GF Score
Price €72.00
GF Value €83.82
! 1 Warning Sign
View Full Analysis

What is HealthEquity OCF Margin %?

HealthEquity FRA:2HE -4.00% 92 OCF Margin % is 27.50% as of Apr. 2026, which is 9% above its 10-year median of 25.16. 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 665 Healthcare Providers & Services companies, HealthEquity ranks better than 96.69% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. HealthEquity's Cash Flow from Operations for the three months ended in Apr. 2026 was €83 Mil. HealthEquity's Revenue for the three months ended in Apr. 2026 was €303 Mil. Therefore, HealthEquity's OCF Margin % for the quarter that ended in Apr. 2026 was 27.50%.

As of today, HealthEquity's current OCF Yield % is 6.62%.

The historical rank and industry rank for HealthEquity's OCF Margin % or its related term are showing as below:

FRA:2HE' s OCF Margin % Range Over the Past 10 Years
Min: 17.48   Med: 25.16   Max: 39.49
Current: 36.65


During the past 13 years, the highest OCF Margin % of HealthEquity was 39.49%. The lowest was 17.48%. And the median was 25.16%.

FRA:2HE's OCF Margin % is ranked better than
96.69% of 665 companies
in the Healthcare Providers & Services industry
Industry Median: 8.27 vs FRA:2HE: 36.65


HealthEquity OCF Margin % Related Terms


HealthEquity OCF Margin % Historical Data

* Premium members only.

The historical data trend for HealthEquity's OCF 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.

HealthEquity OCF Margin % Chart

HealthEquity Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.64 17.48 24.29 28.33 34.80

HealthEquity Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.57 41.70 43.01 35.24 27.50

FRA:2HE vs HNGE, TEM, TXG: OCF Margin % Comparison

For the Health Information Services subindustry, HealthEquity's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthEquity's OCF Margin % distribution charts can be found below:

* The bar in red indicates where HealthEquity's OCF Margin % falls into.


FRA:2HE
92GF Score
HealthEquity Inc FRA:2HE
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HealthEquity OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

HealthEquity's OCF Margin for the fiscal year that ended in Jan. 2026 is calculated as

OCF Margin=Cash Flow from Operations (A: Jan. 2026 )/Revenue (A: Jan. 2026 )
=388.987/1117.728
=34.80 %

HealthEquity's OCF Margin for the quarter that ended in Apr. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=83.385/303.218
=27.50 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 27.50% mean?
HealthEquity (FRA:2HE) has a OCF Margin % of 27.50% as of Apr. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on HealthEquity and its competitors. This is near median its historical median of 25.16. Over the past decade, HealthEquity's OCF Margin % has ranged from 17.48 to 39.49. According to the industry distribution chart, HealthEquity ranks #22 out of 665 companies in the Healthcare Providers & Services industry, placing it in the top 3.3%.
Is HealthEquity's OCF Margin % too high?
HealthEquity's current OCF Margin % of 27.50% is near median its 10-year median of 25.16. Over the past 10 years, this metric has ranged from a low of 17.48 to a high of 39.49. The Healthcare Providers & Services industry median OCF Margin % is 8.27. HealthEquity's value of 27.50% is 232.5% above this industry median. Based on the distribution chart, HealthEquity ranks #22 out of 665 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 OCF Margin % compare to HNGE and TEM?
According to the Healthcare Providers & Services industry distribution chart, HealthEquity ranks #22 out of 665 companies for OCF Margin %. This places HealthEquity in the top 3% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 8.27. HealthEquity's value of 27.50% is 232.5% above this benchmark. Historically, HealthEquity's own OCF Margin % has ranged from 17.48 to 39.49 over the past decade. While the company's 10-year median is 25.16 vs. the industry median of 8.27, 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 OCF Margin % for a Healthcare Providers & Services company?
The median OCF Margin % among Healthcare Providers & Services companies is 8.27, based on 665 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HealthEquity's current OCF Margin % of 27.50% is 232.5% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on HealthEquity and its competitors. For the Healthcare Providers & Services industry, the median OCF Margin % is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HealthEquity's current OCF Margin % is 27.50%, which is near median its own 10-year median of 25.16. 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 OCF Margin % of 27.50%. 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 OCF Margin % is 27.50%, which is near median its 10-year median of 25.16 and 232.5% above the Healthcare Providers & Services industry median of 8.27. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For HealthEquity (FRA:2HE), the current OCF Margin % is 27.50% 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:

  • OCF Margin %: 27.50% (near median its 10-year median of 25.16)
  • GF Value™: €83.82 vs. price of €72.00 (14.1% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 232.5% above the Healthcare Providers & Services median (#22 of 665)

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 Business Description

Other Exchanges HQY:USA
Address 15 West Scenic Pointe Drive, Suite 100, Draper, UT, USA, 84020
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

Get the complete analysis for FRA:2HE

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€72.00
Price
€83.82
GF Value