HealthEquity (HQY) vs Zillow Group (Z)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
HealthEquity (HQY) has outperformed Zillow Group (Z) over the past year, gaining 1.0% versus a loss of 59.2%. Over five years, HQY leads with a +47.3% price change compared with -69.3% for Z. HealthEquity is the larger company by market cap ($7.66 billion vs $6.52 billion), about 1.2 times the size, while Zillow Group is growing revenue faster (+15.5% vs +9.5%).
On valuation, Zillow Group trades at a lower forward P/E (10.4x vs 16.8x for HealthEquity). HealthEquity converts more of its revenue into profit, with a net margin of 16.4% versus 0.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HQY | Z |
|---|---|---|
| Share price | $92.61 | $29.01 |
| Market cap | $7.66B | $6.52B |
| 1-day change | -0.47% | -0.55% |
| YTD return | +1.57% | -57.24% |
| 1-year return | +1.04% | -59.18% |
| 5-year return | +47.35% | -69.29% |
| P/E ratio (TTM) | 33.43 | 126.13 |
| Forward P/E | 16.84 | 10.40 |
| EPS (TTM) | $2.77 | $0.23 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.31B | $2.58B |
| Revenue growth (YoY) | +9.47% | +15.52% |
| Net income (latest FY) | $215.20M | $23.00M |
| Gross margin | 69.52% | 74.14% |
| Operating margin | 24.55% | -1.32% |
| Net margin | 16.38% | 0.89% |
| 52-week high | $107.62 | $79.40 |
| 52-week low | $72.76 | $26.67 |
| Distance from 52-week high | -13.95% | -63.46% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +28.85% | +58.57% |
| Average volume | 841.36K | 3.82M |
| Shares outstanding | 82.72M | 177.26M |
| Employees | 2,814 | 7,232 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Business Services | Business Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- HQY has outperformed Z by 60.2 percentage points over the past year.
- Zillow Group trades at a higher earnings multiple (126.1x vs 33.4x trailing P/E).
- HealthEquity is more profitable, keeping 16.4 cents of every revenue dollar as net income versus 0.9 cents for Zillow Group.
- Zillow Group grew revenue faster in its latest fiscal year (+15.52% vs +9.47%).
About HealthEquity
HQY stock →HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States.
Consumer Discretionary · Business Services · 2,814 employees
About Zillow Group
Z stock →Zillow Group, Inc. operates a real estate application and website that connects consumers with technology, agents and loan officers, and digital solutions in the United States.
Consumer Discretionary · Business Services · 7,232 employees
HQY vs Z FAQ
Which is bigger, HealthEquity or Zillow Group?
HealthEquity (HQY) is larger, with a market capitalization of $7.66B compared with $6.52B for Zillow Group (Z).
Which stock has performed better over the past year, HQY or Z?
HQY returned +1.04% over the past 12 months, compared with -59.18% for Z (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HQY or Z?
HQY has the lower trailing P/E at 33.4, versus 126.1 for Z. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are HealthEquity and Zillow Group in the same industry?
Yes. Both are classified in the Business Services industry within the Consumer Discretionary sector.