Stocktoria

HEALTHSTREAM INC HSTM

Nasdaq · stock · Services-Computer Programming, Data Processing, Etc. · website · IPO 2000-04-11 · LEI

HEALTHSTREAM INC statistics & valuation

Market cap$780.9M
P / E42.6×
P / S2.6×
P / B2.2×
P / FCF13.1×
Net margin6.0%
FCF margin19.6%
Return on capital5.1%
Graham number -55.2%$12.70

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($12.70); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
1.70% 4.00% 13.90% 6.20% 5.80% 2.30% 4.50% 5.50% 6.90% 6.00% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
3.20% 3.80% 6.70% 5.80% 6.50% 3.10% 4.70% 5.70% 7.30% 6.70% 2016201720182019202020212022202320242025
Return on equity (%)
1.30% 3.30% 10.10% 4.70% 4.20% 1.70% 3.60% 4.50% 5.60% 5.20% 2016201720182019202020212022202320242025
Shares outstanding
32.1M 32.2M 32.3M 32.4M 32.0M 31.6M 30.7M 30.7M 30.5M 30.1M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
0.90% 2.40% 7.30% 3.20% 2.80% 1.20% 2.40% 3.00% 3.90% 3.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
8.60% 16.60% 16.00% 17.20% 13.80% 15.20% 18.50% 22.10% 19.30% 19.60% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$0.12 $0.31 $1.00 $0.49 $0.44 $0.18 $0.39 $0.50 $0.66 $0.61 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

HEALTHSTREAM INC trades at about 46.5× earnings — below its 10-year norm (10-year range 25.2×–191.3×, median 53.2×).

25.2× 191.3×

Shaded band = 10-year range (25.2×–191.3×); dot = today's 46.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin6.7%7.3%5.7%4.7%3.1%6.5%5.8%6.7%3.8%3.2%
Net margin6.0%6.9%5.5%4.5%2.3%5.8%6.2%13.9%4.0%1.7%
FCF margin19.6%19.3%22.1%18.5%15.2%13.8%17.2%16.0%16.6%8.6%
Return on assets3.5%3.9%3.0%2.4%1.2%2.8%3.2%7.3%2.4%0.9%
Return on equity5.2%5.6%4.5%3.6%1.7%4.2%4.7%10.1%3.3%1.3%
Current ratio0.961.321.100.981.060.962.142.261.981.87

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.