Friday 6 November 2026 Export WAY’s income statement to Excel — free account

Waystar Holding Corp.

WAY Healthcare Health Information Services

Waystar Holding Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 16.5% from fiscal 2024.

Revenue: +21.2%
EPS: −10.2%
Free cash flow: +23.4%
Total debt: +18.4%

Quarter to September 2026, against a year earlier

Revenue growth 3 yrs

28.33 0.55 −1.90%

Follow WAY

Alert me

Market cap: $5.6B
P/E: 40.9×
Fwd P/E: 31.9×
Dividend yield: —
F-score: 6/9
Altman Z: 2.16
Beneish M: −2.41
Dividend safety: n/a

Overview

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26
P/E ratio Full definition →	+8 more quarters Free account	51.17	34.44	28.51	36.12
P/S ratio Full definition →		5.30	4.00	3.27	3.85
P/FCF ratio Full definition →		20.58	15.72	16.00	18.42
P/Operating CF Full definition →		87.45	54.42	66.30	46.83
P/B ratio Full definition →		1.50	1.17	0.99	1.20
Price to Tangible BV Full definition →		0.00	0.00	0.00	0.00
EV/Sales Full definition →		6.55	5.10	4.30	4.77
EV/EBITDA Full definition →		18.34	14.20	11.91	13.56
EV/Operating CF Full definition →		23.24	17.87	17.68	19.14
EV/FCF Full definition →		25.42	20.08	21.04	22.82
Quick Ratio Full definition →		1.31	1.64	1.73	1.99
Current Ratio Full definition →		1.41	1.76	1.85	2.10
Net Debt/EBITDA Full definition →		13.69	10.46	10.51	11.24
Debt/Assets Full definition →		25.46%	25.17%	24.99%	24.71%
Debt/Equity Full definition →		0.38	0.37	0.37	0.36
Asset Turnover Full definition →		0.21	0.22	0.23	0.24
Operating CF/Net income Full definition →		3.33	1.96	1.45	3.35
Capex/Depreciation Full definition →		(0.23)	(0.36)	(0.38)	(0.24)
Interest Coverage Full definition →		2.58	3.90	3.87	3.17
Research and Development Expense of Revenue Full definition →		6.10%	5.85%	5.54%	6.23%
Selling, General and Administrative Expense of Revenue Full definition →		30.61%	24.39%	27.14%	31.75%
Intangible Assets out of Total Assets Full definition →		0.92	0.90	0.89	0.88
Share Based Compensation of Revenue Full definition →		4.02%	3.65%	4.32%	7.51%
Graham Net Nets Full definition →		(0.27)	(0.33)	(0.37)	(0.28)
Graham Number Full definition →		17.72	17.99	18.35	18.22
Earnings Yield Full definition →		1.95%	2.90%	3.51%	2.77%
Free Cash Flow Yield Full definition →		4.86%	6.36%	6.25%	5.43%
Revenue per Share Full definition →		1.71	1.64	1.67	1.70
Operating CF per Share Full definition →		0.37	0.44	0.31	0.54
Capex per Share Full definition →		(0.05)	(0.08)	(0.08)	(0.05)
Free Cash Flow per Share Full definition →		0.32	0.36	0.23	0.49
Cash per Share Full definition →		0.57	0.98	1.17	1.57
Shareholders Equity per Share Full definition →		21.80	20.54	20.78	21.03
Interest Debt per Share Full definition →		0.00	0.00	0.00	0.00
Book value per Share Full definition →		21.80	20.54	20.78	21.03
Free Cash Flow Full definition →		57.22	69.59	43.30	93.94
Working Capital Full definition →		90.35	166.65	201.25	270.28
Capital Expenditures Full definition →		(9.41)	(15.33)	(16.11)	(9.92)
Net Current Asset Value Full definition →		(1,597.86)	(1,514.94)	(1,443.54)	(1,370.80)
EV/EBIT Full definition →		28.87	22.31	18.79	21.77
Capex to Sales Full definition →		0.03	0.05	0.05	0.03
Price to Operating Income Full definition →		23.37	17.47	14.28	17.57
Other line items
Average Receivables Full definition →		165.77	159.90	164.69	166.34
Average Payables Full definition →		49.16	51.93	51.48	59.74
Average Assets Full definition →		5,181.05	5,229.09	5,273.34	5,334.60
Average Common Equity Full definition →		3,479.31	3,531.68	3,579.69	3,629.59

Show all line items

Columns are period end dates · fundamentals updated 5 Nov 2026

Stockrow Weekly