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. In the quarter to June 2026, revenue grew 18.1%, EPS grew 10.5%, free cash flow fell 52.4% and total debt rose 18.4%, each against the same quarter a year earlier. Revenue growth for three consecutive years.
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Waystar Holding Corp. (WAY) P/E ratio
As of 16 October 2026, Waystar Holding Corp. (WAY) trades at a P/E ratio of 38.0×. Over the past ten years it has ranged from 0.0× (March 2025) to 412× (June 2025); the current reading is higher than 59% of that period. That is in line with the Health Information Services industry median of 39.8× and above the Healthcare sector median of 23.0×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 51.2× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 28.5× | (17.21%) |
| Mar 2026 | 34.4× | (32.69%) |
| Dec 2025 | 51.2× | (12.28%) |
| Sep 2025 | 58.3× | (28.63%) |
| 8 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| TEM Tempus AI, Inc. compare | n/m |
| HTFL Heartflow, Inc. compare | n/m |
| TXG 10x Genomics compare | n/m |
| HQY HealthEquity, Inc. compare | 33.0× |
| BTSG BrightSpring Health Services, Inc. compare | 34.0× |
| DOCS Doximity, Inc. compare | 34.8× |
| WAY Waystar Holding Corp. | 38.0× |
| HNGE Hinge Health Inc. compare | 73.5× |
| PRVA Privia Health Group, Inc. compare | 102× |
| Health Information Services industry median | 39.8× |
| Healthcare sector median | 23.0× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)