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

28.15 0.73 −2.53%
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

Waystar Holding Corp. (WAY) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Waystar Holding Corp. (WAY) trades at a P/E ratio of 40.9×. Over the past ten years it has ranged from 0.0× (March 2025) to 412× (June 2025); the current reading is higher than 62% of that period. That is in line with the Health Information Services industry median of 42.0× and above the Healthcare sector median of 25.2×.

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
Sep 2026 36.1× 26.67%
Jun 2026 28.5× (17.21%)
Mar 2026 34.4× (32.69%)
Dec 2025 51.2× (12.28%)
9 more quarters

Against its own ten years

Low 0.0× High 412×
Ten-year median 35.6×
Current reading's percentile 62

P/E ratio against peers

Company P/E ratio
TEM Tempus AI, Inc. compare n/m
HTFL Heartflow, Inc. compare n/m
SDGR Schrodinger, Inc. compare n/m
BTSG BrightSpring Health Services, Inc. compare 33.0×
HQY HealthEquity, Inc. compare 36.9×
WAY Waystar Holding Corp. 40.9×
DOCS Doximity, Inc. compare 44.4×
HNGE Hinge Health Inc. compare 86.1×
PRVA Privia Health Group, Inc. compare 88.3×
Health Information Services industry median 42.0×
Healthcare sector median 25.2×
Market median 17.9×

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)

The full definition of P/E ratio →

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