Schrodinger, Inc. (SDGR) vs Waystar Holding Corp. (WAY)
Schrodinger, Inc. and Waystar Holding Corp. are both Health Information Services companies. Waystar Holding Corp. is the larger, with a market value of $4.7B against $2.2B — 2.1× the size. Schrodinger, Inc. has negative trailing earnings, so its P/E is not meaningful; Waystar Holding Corp. trades at 34.3×. Waystar Holding Corp. grew revenue faster over the last twelve months: 19.2% against 8.88%. Waystar Holding Corp. has the higher net margin (11.2% vs −21.0%) and the higher return on invested capital (3.30% vs 0.00%). Across the 17 metrics below, Waystar Holding Corp. leads on 14 and Schrodinger, Inc. on 3.
Valuation
Profitability
| Metric | SDGR | WAY | Health Information Services median |
|---|---|---|---|
| Gross margin | 56.87% | 69.11% | 63.38% |
| Operating margin | (59.24%) | 22.87% | (8.35%) |
| Net margin | (20.98%) | 11.18% | (14.70%) |
| Free cash flow margin | (50.29%) | 20.42% | 0.58% |
| Return on equity | (16.18%) | 3.77% | (6.82%) |
| Return on assets | (8.18%) | 2.56% | (6.02%) |
| Return on invested capital | 0.00% | 3.30% | 0.00% |
Growth
Health
Dividend
Size
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