Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · View financials
Decision snapshot: HQY stock price vs UPS: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at UPS's multiple
Needs UPS P/E.
Implied fair value · at HQY's multiple
Needs HQY P/E.
Live quote
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: HQY FY 2026 (ended Jan 31, 2026) · UPS 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.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
HEALTHEQUITY, INC. · implied price per share
Bear
$41.41
Base
$48.72
Bull
$56.03
UNITED PARCEL SERVICE INC · implied price per share
Bear
$39.69
Base
$46.69
Bull
$53.70
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.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.46x
1.49x
Net debt / EBITDA
Leverage against operating earnings
1.13x
1.86x
Cash and equivalents
Liquid reserves on the balance sheet
$359.72M
$6.09B
Total debt
Interest-bearing obligations outstanding
$974.88M
$24.13B
Comparable set
Where the pair sits against the wider comparable set.
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Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe HQY can sustain its 9.5% revenue growth and 24.6% operating margin while maintaining low leverage, then hold or accumulate on pullbacks despite UPS-based downside because the quality and growth profile justifies a premium to UPS.
On a P/E basis, HQY at 38.8x is well above UPS at 16.9x, which drives UPS-implied price estimate of $41.51 versus HQY's current $95.33. That suggests the market is already pricing in a much stronger growth and quality profile for HQY than for UPS.
Supporting Metrics
