Waystar Holding Corp. WAY Ratios & Valuation
| FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|
| Profitability | ||||
| Gross margin | 68.3%+1.8pp | 66.5%-1.9pp | 68.4%-1.1pp | |
| Operating margin | 22.7%+9.6pp | 13.1%-4.8pp | 18%+5.3pp | |
| Net margin | 10.2%— | —— | -6.5%+0.8pp | |
| EBITDA margin | 35.5%+2.6pp | 32.9%-7.4pp | 40.3%+1.6pp | |
| Free cash flow margin | 25.8%+10.7pp | 15.1%— | —— | |
| Returns | ||||
| Return on equity | 3.2%— | —— | -2.5%0.0pp | |
| Return on assets | 2.2%— | —— | —— | |
| Return on invested capital | 3.5%+0.5pp | 2.9%— | —— | |
| Efficiency | ||||
| Asset turnover | 0.2×0.0× | 0.2×— | —— | |
| Liquidity | ||||
| Current ratio | 1.4×-1.1× | 2.5×+0.7× | 1.8×— | |
| Quick ratio | 1.4×-1.1× | 2.5×+0.7× | 1.8×— | |
| Cash ratio | 0.4×-1.1× | 1.4×+1.0× | 0.4×— | |
| Leverage | ||||
| Debt-to-equity | 0.4×0.0× | 0.4×-0.7× | 1.1×— | |
| Debt-to-assets | 0.3×0.0× | 0.3×-0.2× | 0.5×— | |
| Net debt / EBITDA | 3.6×+0.2× | 3.4×-3.5× | 6.9×— | |
| Per Share | ||||
| Book value per share | $20.99+2.2% | $20.54+21.9% | $16.85-2.7% | |
| Valuation | ||||
| Market capitalization | $6.27B-0.8% | $6.32B— | —— | |
| Enterprise value | $7.68B+4.1% | $7.37B— | —— | |
| Price / earnings | 55.9×— | —— | —— | |
| Price / sales | 5.7×-1.0× | 6.7×— | —— | |
| Price / book | 1.6×-0.4× | 2.1×— | —— | |
| EV / EBITDA | 19.7×-4.1× | 23.8×— | —— | |
| EV / sales | 7×-0.8× | 7.8×— | —— | |
| Free cash flow yield | 4.5%+2.3pp | 2.3%— | —— | |
| Earnings yield | 1.8%— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Waystar Holding Corp.'s profit margins?
- Waystar Holding Corp. (WAY) runs a 68.7% gross margin and a 22.9% operating margin, with a 10.9% net margin.
- Where do Waystar Holding Corp.'s ratios come from?
- Every ratio is computed from Waystar Holding Corp.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.