HealthEquity, Inc.

NasdaqGS:HQY Stock Report

Market Cap: US$7.7b

HealthEquity Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Scott Cutler

Chief executive officer

US$8.3m

Total compensation

CEO salary percentage0.67%
CEO tenureless than a year
CEO ownershipn/a
Management average tenure3.5yrs
Board average tenure8.1yrs

Recent management updates

Recent updates

HealthEquity: Scale Platform With Asset‑Linked Revenues And Thick Incremental Margins

Aug 31

These 4 Measures Indicate That HealthEquity (NASDAQ:HQY) Is Using Debt Reasonably Well

Aug 06
These 4 Measures Indicate That HealthEquity (NASDAQ:HQY) Is Using Debt Reasonably Well

Returns At HealthEquity (NASDAQ:HQY) Are On The Way Up

Jul 10
Returns At HealthEquity (NASDAQ:HQY) Are On The Way Up

Here's Why We Think HealthEquity (NASDAQ:HQY) Is Well Worth Watching

Jun 25
Here's Why We Think HealthEquity (NASDAQ:HQY) Is Well Worth Watching

HealthEquity, Inc.'s (NASDAQ:HQY) Share Price Matching Investor Opinion

May 19
HealthEquity, Inc.'s (NASDAQ:HQY) Share Price Matching Investor Opinion

Is HealthEquity (NASDAQ:HQY) A Risky Investment?

Apr 04
Is HealthEquity (NASDAQ:HQY) A Risky Investment?

Returns Are Gaining Momentum At HealthEquity (NASDAQ:HQY)

Mar 18
Returns Are Gaining Momentum At HealthEquity (NASDAQ:HQY)

HealthEquity: Robust Growth, But No Margin Of Safety

Mar 17

With EPS Growth And More, HealthEquity (NASDAQ:HQY) Makes An Interesting Case

Mar 04
With EPS Growth And More, HealthEquity (NASDAQ:HQY) Makes An Interesting Case

HealthEquity, Inc.'s (NASDAQ:HQY) Intrinsic Value Is Potentially 58% Above Its Share Price

Feb 19
HealthEquity, Inc.'s (NASDAQ:HQY) Intrinsic Value Is Potentially 58% Above Its Share Price

Shareholders Should Be Pleased With HealthEquity, Inc.'s (NASDAQ:HQY) Price

Feb 05
Shareholders Should Be Pleased With HealthEquity, Inc.'s (NASDAQ:HQY) Price

HealthEquity's (NASDAQ:HQY) Returns On Capital Not Reflecting Well On The Business

Dec 04
HealthEquity's (NASDAQ:HQY) Returns On Capital Not Reflecting Well On The Business

HealthEquity, Inc. (NASDAQ:HQY) Shares Could Be 41% Below Their Intrinsic Value Estimate

Nov 20
HealthEquity, Inc. (NASDAQ:HQY) Shares Could Be 41% Below Their Intrinsic Value Estimate

HealthEquity: High Marks For Recent Profit Growth

Nov 20

We Think HealthEquity (NASDAQ:HQY) Can Stay On Top Of Its Debt

Oct 31
We Think HealthEquity (NASDAQ:HQY) Can Stay On Top Of Its Debt
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Expanding HSA Market Dominance Fuels Revenue And Innovates Healthcare Financial Services

HealthEquity's expansion in the HSA market and strategic acquisitions, including BenefitWallet, aim to grow its customer base and custodial revenue.

HealthEquity: Compelling Catalysts, Fairly Valued, Reiterate Buy

Aug 27

HealthEquity: A Trading Vehicle Performing As Expected, Strong Growth Hard To Ignore

Jun 04

HealthEquity: Strong Growth And Healthy Cash Flows Changed My Mind

May 29

HealthEquity: Multiple Compression Has Finally Made It A Buy

Mar 21

CEO Compensation Analysis

How has Scott Cutler's remuneration changed compared to HealthEquity's earnings?
DateTotal CompensationSalaryCompany Earnings
Jul 31 2025n/an/a

US$146m

Apr 30 2025n/an/a

US$122m

Jan 31 2025US$8mUS$55k

US$97m

Compensation vs Market: Scott's total compensation ($USD8.28M) is about average for companies of similar size in the US market ($USD8.48M).

Compensation vs Earnings: Insufficient data to compare Scott's compensation with company performance.


CEO

Scott Cutler (55 yo)

less than a year
Tenure
US$8,277,081
Compensation

Mr. Scott R. Cutler is Independent Director of Brookfield Asset Management Ltd. from March 17, 2025. Mr. Cutler is CEO, President & Director of HealthEquity, Inc. from January 6, 2025.Mr. Cutler served as...


Leadership Team

NamePositionTenureCompensationOwnership
Scott Cutler
CEO, President & Directorless than a yearUS$8.28mno data
Stephen Neeleman
Founder & Vice Chairman22.8yrsUS$2.89m0.97%
$ 74.2m
James Lucania
CFO & Executive VP2yrsUS$5.58m0.021%
$ 1.6m
Elimelech Rosner
Executive VP & CTO3.5yrsUS$4.95m0.0086%
$ 662.7k
Delano Ladd
Executive VP9yrsUS$3.35m0.064%
$ 4.9m
Michael Fiore
Executive VP & Chief Commercial Officer1.7yrsUS$7.40m0.062%
$ 4.7m
Richard Putnam
Vice President of Investor Relationsno datano datano data
Steve Lindsay
Executive Vice President of Sales & Relationship Management4.1yrsno datano data
Brad Bennion
Executive Vice President of Corporate Development & Strategy8.4yrsno datano data
Tia Padia
Executive VP & Chief Marketing Officer3.7yrsno datano data
Cheryl King
Executive VP & Chief People Officer2.4yrsno datano data
Kamesh Tumsi
Senior VP & Head of Product2.8yrsno datano data
3.5yrs
Average Tenure
55yo
Average Age

Experienced Management: HQY's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Scott Cutler
CEO, President & Directorless than a yearUS$8.28mno data
Stephen Neeleman
Founder & Vice Chairman22.8yrsUS$2.89m0.97%
$ 74.2m
Adrian Dillon
Independent Director9yrsUS$320.00k0.067%
$ 5.1m
Robert Selander
Independent Non-Executive Chairman10yrsUS$385.00k0.098%
$ 7.5m
Evelyn Dilsaver
Independent Director11.1yrsUS$312.01k0.040%
$ 3.1m
Stuart Parker
Independent Director4.8yrsUS$307.99k0.025%
$ 1.9m
Gayle Wellborn
Independent Director8.1yrsUS$295.00k0.021%
$ 1.6m
Debra McCowan
Independent Director7.4yrsUS$295.00k0.0090%
$ 691.1k
Rajesh Natarajan
Independent Director3.3yrsUS$295.00k0.014%
$ 1.1m
8.1yrs
Average Tenure
63yo
Average Age

Experienced Board: HQY's board of directors are considered experienced (8.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/03 03:06
End of Day Share Price 2025/09/03 00:00
Earnings2025/07/31
Annual Earnings2025/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HealthEquity, Inc. is covered by 25 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark MarconBaird
Ishan MajumdarBaptista Research
Alexander ParisBarrington Research Associates, Inc.