Waystar Holding Corp. (WAY)

NasdaqGS: WAY · Real-Time Price · USD

24.58

+0.28 (1.15%)

At close: Aug 12, 2026, 1:44 PM

Statistics

Share Statistics

Waystar has 191.75M shares outstanding. The shares have a market value of 4.71B.

Shares Outstanding	191.75M
Shares Change (YoY)	18.68%
Shares Change (QoQ)	0.11%
Owned by Institutions (%)	111.47%
Shares Floating	119.93M
Failed to Deliver (FTD) Shares	977
FTD / Avg. Volume	n/a

Short Selling Information

Short interest in Waystar is 7.61% of the outstanding shares, representing 14.59M shares. The short ratio is 5.04.

Short Interest	14.59M
Short % of Shares Out	7.61%
Short % of Float	8.75%
Short Ratio (days to cover)	5.04

Valuation Ratios

The stock has a PE ratio of 35.11, meaning that every $1 in earnings is currently priced at $35.11 in the stock market.

PE Ratio	35.11
Forward PE	13.06
PS Ratio	3.91
Forward PS	3.31
PB Ratio	1.2
P/FCF Ratio	19.14
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The enterprise value is 5.95B. Enterprise value adds debt and subtracts cash from the company's market cap, providing an alternative valuation for the company.

EV / Sales	4.93
EV / EBITDA	13.7
EV / EBIT	20.3
EV / FCF	24.15

Financial Position

Waystar's current ratio is 1.85. A current ratio above 1 means that the company has enough short-term assets to cover its short-term liabilities.

Current Ratio	1.85
Quick Ratio	1.6
Debt / Equity	0.37
Debt / EBITDA	3.43
Debt / FCF	6.02
Interest Coverage	3.42

Financial Efficiency

Return on Equity is 3.77%, and return on invested capital is 5.04%.

Return on Equity	3.77%
Return on Assets	3.44%
Return on Invested Capital	5.04%
Revenue Per Employee	$709.26K
Profits Per Employee	$79.29K
Employee Count	1,700
Asset Turnover	0.21
Inventory Turnover	n/a

Taxes

Income Tax	60.29M
Effective Tax Rate	30.91%

Stock Price Statistics

The stock price has increased by -31.26% in the past year.

Beta	0.06
52-Week Price Change	-31.26%
50-Day Moving Average	21.34
200-Day Moving Average	26.34
Relative Strength Index (RSI)	62.01
Average Volume (20 Days)	2,779,790

Income Statement

In the last 12 months, Waystar had revenue of 1.21B and earned 134.79M in profits. Earnings per share was 0.7.

Revenue	1.21B
Gross Profit	833.24M
Operating Income	275.76M
Net Income	134.79M
EBITDA	432.42M
EBIT	275.76M
Earnings Per Share (EPS)	0.7

Full Income Statement

Balance Sheet

Waystar has 12.64M in cash on the balance sheet. Total assets are 5.87B, and total liabilities are 1.48B.

Cash & Cash Equivalents	12.64M
Total Debt	1.48B
Net Cash	-1.47B
Retained Earnings	-24.66M
Total Assets	5.87B
Working Capital	201.25M

Full Balance Sheet

Cash Flow

Waystar's operating cash flow was 292.99M over the trailing twelve months.

Operating Cash Flow	292.99M
Capital Expenditures	-46.73M
Free Cash Flow	246.26M
FCF Per Share	1.284

Full Cash Flow Statement

Margins

Waystar's gross profit margin was 69.11%, while its operating and net profit margins were 22.87% and 11.18%, respectively.

Gross Margin	69.11%
Operating Margin	22.87%
Pretax Margin	16.18%
Profit Margin	11.18%
EBITDA Margin	35.86%
EBIT Margin	22.87%
FCF Margin	20.42%

Dividends & Yields

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Payout Ratio	0%
Earnings Yield	2.85%
FCF Yield	5.22%

Dividend Details

Analyst Forecast

According to 23 stock analysts, the average 12-month price target for Waystar is $32. The average analyst rating is "Strong Buy".

Price Target	$32
Price Target Difference	30.19%
Analyst Consensus	Strong Buy
Analyst Count	23

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the fair value of a stock. The Graham Number estimates a fair value of $18.09, representing a potential upside of -26.4%.

Lynch Fair Value	$8.92
Lynch Upside	-63.71%
Graham Number	18.09
Graham Upside	-26.4%

Scores

Altman Z-Score	1.9
Piotroski F-Score	6