WAYNasdaqServices-Computer Integrated Systems DesignFiscal year ends December 31
Waystar Holding Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$27.99+0.63 (+2.30%)
Close on Oct 19, 2026
- Market cap
- $5.44B
- P/E (TTM)
- 40.0
- Dividend yield
- –
Waystar statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Services-Computer Integrated Systems Design companies for comparison
Valuation
| Measure | Waystar | Industry median |
|---|---|---|
| Market Cap | $5.37B | $283.76M |
| Enterprise Value | $6.64B | $296.20M |
| PE Ratio | 39.99 | 25.42 |
| PS Ratio | 4.45 | 2.36 |
| PB Ratio | 1.35 | 2.67 |
| P/FCF Ratio | 21.79 | 15.01 |
| P/OCF Ratio | 18.32 | 13.05 |
Enterprise value
| Measure | Waystar | Industry median |
|---|---|---|
| EV / Sales | 5.51 | 2.14 |
| EV / EBITDA | 15.36 | 16.16 |
| EV / EBIT | 24.09 | 21.55 |
| EV / FCF | 26.97 | 15.07 |
Income (trailing twelve months)
| Measure | Waystar | Industry median |
|---|---|---|
| Revenue | $1.21B | $289.17M |
| Gross Profit | $833.24M | $161.98M |
| Operating Income | $275.76M | -$613.24K |
| Pretax Income | $195.08M | -$294.07K |
| Net Income | $134.79M | -$301.07K |
| EBITDA | $432.42M | -$156.35K |
| EPS (Diluted) | $0.70 | $0.00 |
Margins
| Measure | Waystar | Industry median |
|---|---|---|
| Gross Margin | 69.1% | 55.8% |
| Operating Margin | 22.9% | -1.81% |
| Pretax Margin | 16.2% | -0.50% |
| Profit Margin | 11.2% | -1.80% |
| EBITDA Margin | 35.9% | 0.60% |
| FCF Margin | 20.4% | 10.0% |
Returns
| Measure | Waystar | Industry median |
|---|---|---|
| Return on Equity (ROE) | 3.77% | 0.83% |
| Return on Assets (ROA) | 2.56% | -2.82% |
| Return on Invested Capital (ROIC) | 4.09% | -0.05% |
| Return on Capital Employed (ROCE) | 4.90% | -0.44% |
Growth
| Measure | Waystar | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 19.2% | 9.72% |
| Net Income Growth (YoY) | 56.8% | 7.14% |
| EPS Growth (YoY) | 45.8% | 8.91% |
| FCF Growth (YoY) | -11.6% | 17.2% |
| Revenue Growth (3Y CAGR) | 16.0% | 7.66% |
Balance sheet
| Measure | Waystar | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $191.60M | $43.42M |
| Total Debt | $1.47B | $204.00M |
| Net Cash (Debt) | -$1.28B | $2.04M |
| Net Cash Per Share | -$6.65 | $0.15 |
| Equity (Book Value) | $3.99B | $52.29M |
| Book Value Per Share | $20.79 | $1.93 |
| Tangible Book Value | -$1.25B | $3.06M |
| Working Capital | $201.25M | $15.22M |
Financial position
| Measure | Waystar | Industry median |
|---|---|---|
| Current Ratio | 1.85 | 1.40 |
| Quick Ratio | 1.59 | 0.94 |
| Debt / Equity | 0.37 | 0.53 |
| Debt / EBITDA | 3.39 | 2.78 |
| Debt / FCF | 5.96 | 2.83 |
| Net Debt / EBITDA | 2.95 | 1.50 |
Cash flow (trailing twelve months)
| Measure | Waystar | Industry median |
|---|---|---|
| Operating Cash Flow | $292.99M | $8.52M |
| Capital Expenditures | -$46.73M | -$5.56M |
| Free Cash Flow | $246.26M | $43.71M |
| FCF Per Share | $1.28 | $0.69 |
Efficiency
| Measure | Waystar | Industry median |
|---|---|---|
| Asset Turnover | 0.23 | 0.64 |
| Revenue Per Employee | $3.55M | $392.99K |
| Profits Per Employee | $396.43K | -$4.47K |
| Employee Count | 340 | 531 |
Dividends and yields
| Measure | Waystar | Industry median |
|---|---|---|
| Earnings Yield | 2.51% | -0.92% |
| FCF Yield | 4.59% | 4.02% |
Shares
| Measure | Waystar | Industry median |
|---|---|---|
| Shares Outstanding | 191,748,000 | 58,826,100 |
| Shares Change (YoY) | 7.81% | 2.21% |
| Shares Change (QoQ) | 0.12% | 0.06% |
| Float | 69,861,500 | 52,938,050 |
| Shares Held by Insiders | 63.6% | 13.2% |
| Shares Held by Institutions | 110.4% | 66.9% |
Taxes
| Measure | Waystar | Industry median |
|---|---|---|
| Income Tax | $60.29M | $1.69M |
| Effective Tax Rate | 30.9% | 22.0% |
Scores
| Measure | Waystar | Industry median |
|---|---|---|
| Graham Number | $18.09 | $15.96 |
| Graham Upside | -35.4% | -55.7% |
| Altman Z-Score | 2.11 | 1.50 |
| Piotroski F-Score | 7 | 5 |
| Beneish M-Score | -2.43 | -2.80 |
Calculated by StockData from Waystar's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.