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

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

Show all line items

Columns are period end dates · fundamentals updated 5 Nov 2026

Stockrow Weekly