Tempus AI, Inc. (TEM) vs Waystar Holding Corp. (WAY)
Tempus AI, Inc. and Waystar Holding Corp. are both Health Information Services companies. Tempus AI, Inc. is the larger, with a market value of $14.9B against $4.7B — 3.2× the size. Tempus AI, Inc. has negative trailing earnings, so its P/E is not meaningful; Waystar Holding Corp. trades at 34.3×. Tempus AI, Inc. grew revenue faster over the last twelve months: 50.4% against 19.2%. Waystar Holding Corp. has the higher net margin (11.2% vs −17.8%) and the higher return on invested capital (3.30% vs −17.9%). Across the 17 metrics below, Waystar Holding Corp. leads on 14 and Tempus AI, Inc. on 3.
Valuation
Profitability
| Metric | TEM | WAY | Health Information Services median |
|---|---|---|---|
| Gross margin | 63.98% | 69.11% | 63.38% |
| Operating margin | (19.76%) | 22.87% | (8.35%) |
| Net margin | (17.77%) | 11.18% | (14.70%) |
| Free cash flow margin | (19.06%) | 20.42% | 0.58% |
| Return on equity | (67.44%) | 3.77% | (6.82%) |
| Return on assets | (12.75%) | 2.56% | (6.02%) |
| Return on invested capital | (17.87%) | 3.30% | 0.00% |
Growth
Health
Dividend
Size
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