Healthequity, Inc.
$8.39B- Market cap
- $7.75B
- Debt
- +$957.38M
- Cash
- −$318.93M
Capital structure 89% equity / 11% debt · EV / Revenue 6.39x · EV / EBITDA 17.32x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: HQY stock price at premium vs HUN $93.70 current versus $4.86 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at HUN's multiple
Implied fair value · at HQY's multiple
Snapshot Sep 8, 2026, 2:34 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: HQY FY 2026 (ended Jan 31, 2026) · HUN FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 89% equity / 11% debt · EV / Revenue 6.39x · EV / EBITDA 17.32x
Capital structure 42% equity / 58% debt · EV / Revenue 0.65x · EV / EBITDA 34.65x
HQY carries the larger enterprise value at $8.39B against $3.67B; HUN trades on the lower EV / Revenue multiple (0.65x vs 6.39x); HQY on the lower EV / EBITDA (17.32x vs 34.65x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
HEALTHEQUITY, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Huntsman Corporation · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.45x
0.86x
Net debt / EBITDA
Leverage against operating earnings
1.32x
18.25x
Cash and equivalents
Liquid reserves on the balance sheet
$318.93M
$429.00M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$957.38M
$2.36B
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
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