The interactive chart is unavailable. The financial history below remains available.
Loading stock chart…
Waystar Holding Corp. (WAY)
Price & fundamentals
Compound Annual Growth Rate(CAGR)
Historical valuation multiples
Ratio observations in the selected window
| Price date | EPS fiscal end | Basic P/E (×) | Diluted P/E (×) | P/S (×) | P/FCF (×) |
|---|
Profit margins
Calculation inputs, filings & unavailable observations
Yield, cash conversion & capital returns
Calculation inputs, filings & unavailable observations
Price & growth-based reference
Annual change in the selected reference metric
YEAR-OVER-YEAR
Annual metric change
Change from the previous reported fiscal year
Annual data and sources
Waystar Holding Corp. (WAY) · Nasdaq · USD · Sector unavailable · CIK 0001990354
Annual coverage: 2022-12-31–2025-12-31 (4 periods). Financial snapshot built 2026-10-09.
WAY annual financial history
All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.
See the calculation and limitations.
| Fiscal year / end | Basic EPS | Diluted EPS | FCF / share | Dividends / share | Fiscal-year dividend yield | Filing sources |
|---|---|---|---|---|---|---|
| 2025 2025-12-31 | 0.63 | 0.61 | 1.53 | Unavailable | Unavailable | Basic EPS (2026-02-17) Diluted EPS (2026-02-17) Operating cash flow (2026-02-17) · Capex (2026-02-17) |
| 2024 2024-12-31 | -0.13 | -0.13 | 0.95 | Unavailable | Unavailable | Basic EPS (2026-02-17) Diluted EPS (2026-02-17) Operating cash flow (2026-02-17) · Capex (2026-02-17) |
| 2023 2023-12-31 | -0.42 | -0.42 | 0.25 | Unavailable | Unavailable | Basic EPS (2026-02-17) Diluted EPS (2026-02-17) Operating cash flow (2026-02-17) · Capex (2026-02-17) |
| 2022 2022-12-31 | -0.42 | -0.42 | 0.70 | Unavailable | Unavailable | Basic EPS (2025-02-18) Diluted EPS (2025-02-18) Operating cash flow (2025-02-18) · Capex (2025-02-18) |
Annual per-share context (USD/share)
Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.
| Fiscal end | Revenue / share | Total debt / share | Inputs & filing sources |
|---|---|---|---|
| 2025-12-31 | 5.95 | Unavailable | Inputs & filingsrevenue: 1099278000; averageDilutedShares: 184783285; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 191587193 revenue (2026-02-17)averageDilutedShares (2026-02-17) periodEndShares (2026-02-17) |
| 2024-12-31 | 6.29 | Unavailable | Inputs & filingsrevenue: 943549000; averageDilutedShares: 149915839; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 172108240 revenue (2026-02-17)averageDilutedShares (2026-02-17) periodEndShares (2026-02-17) |
| 2023-12-31 | 6.50 | Unavailable | Inputs & filingsrevenue: 791010000; averageDilutedShares: 121675430; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 121679902 revenue (2026-02-17)averageDilutedShares (2026-02-17) periodEndShares (2025-02-18) |
| 2022-12-31 | 5.79 | Unavailable | Inputs & filingsrevenue: 704874000; averageDilutedShares: 121684771; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date revenue (2025-02-18)averageDilutedShares (2025-02-18) |
Annual returns and cash generation (%)
Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.
| Fiscal end | FCF margin (%) | FCF / net income (%) | ROCE (%) | Inputs & filing sources |
|---|---|---|---|---|
| 2025-12-31 | 25.76 | 252.65 | 4.99 | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":283192000,"capex":{"accession":"0001990354-26-000011","end":"2025-12-31","filed":"2026-02-17","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquireProductiveAssets","unit":"USD"},"ocf":{"accession":"0001990354-26-000011","end":"2025-12-31","filed":"2026-02-17","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":1099278000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"netIncome":{"value":112089000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"operatingIncome":{"value":249305000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingAssets":{"value":4577004000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingCurrentLiabilities":{"value":145633000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingCapitalEmployed":{"value":4431371000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":3079786000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingTotalEquity":{"value":3079786000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":1497218000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingCash":{"value":182133000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingCommonEquity":{"value":3079786000,"inputNames":["openingParentEquity","openingPreferredShares"]},"closingAssets":{"value":5785100000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingCurrentLiabilities":{"value":218063000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingCapitalEmployed":{"value":5567037000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":3878826000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingTotalEquity":{"value":3878826000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":1906274000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingCash":{"value":61355000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2025-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingCommonEquity":{"value":3878826000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":112089000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"incomeTaxExpense":{"value":59674000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"pretaxIncome":{"value":171763000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"effectiveTaxRate":{"value":0.34742057369747853,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":162691313.87435013,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":4999204000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":3479306000,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 25.761636273990746; cashConversion: 252.64923409076715; roce: 4.9868939135110315 fcfMargin component 1 (2026-02-17) · fcfMargin component 2 (2026-02-17) · fcfMargin component 3 (2026-02-17)cashConversion component 1 (2026-02-17) · cashConversion component 2 (2026-02-17) · cashConversion component 3 (2026-02-17) roce component 1 (2026-02-17) · roce component 2 (2026-02-17) · roce component 3 (2026-02-17) · roce component 4 (2026-02-17) · roce component 5 (2026-02-17) |
| 2024-12-31 | 15.10 | Unavailable | 2.78 | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":142500000,"capex":{"accession":"0001990354-26-000011","end":"2024-12-31","filed":"2026-02-17","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquireProductiveAssets","unit":"USD"},"ocf":{"accession":"0001990354-26-000011","end":"2024-12-31","filed":"2026-02-17","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":943549000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"netIncome":{"value":-19125000,"tag":"ProfitLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"operatingIncome":{"value":123725000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingAssets":{"value":4582974000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"openingCurrentLiabilities":{"value":123489000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"openingCapitalEmployed":{"value":4459485000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":2049932000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":2533042000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"openingCash":{"value":35580000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":4577004000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingCurrentLiabilities":{"value":145633000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingCapitalEmployed":{"value":4431371000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":3079786000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingTotalEquity":{"value":3079786000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":1497218000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingCash":{"value":182133000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingCommonEquity":{"value":3079786000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":-19125000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"incomeTaxExpense":{"value":-3420000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"pretaxIncome":{"value":-22545000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":4445428000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"roe":{"commonNetIncome":{"value":-19125000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"averageCommonEquity":{"value":2564859000,"inputNames":["openingCommonEquity","closingCommonEquity"]},"openingCommonEquity":{"value":2049932000,"inputNames":["openingParentEquity","openingPreferredShares"]},"openingParentEquity":{"value":2049932000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"closingCommonEquity":{"value":3079786000,"inputNames":["closingParentEquity","closingPreferredShares"]},"closingParentEquity":{"value":3079786000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"}}}}; fcfMargin: 15.102554292357894; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: 2.7831965785971566 fcfMargin component 1 (2026-02-17) · fcfMargin component 2 (2026-02-17) · fcfMargin component 3 (2026-02-17)cashConversion component 1 (2026-02-17) · cashConversion component 2 (2026-02-17) · cashConversion component 3 (2025-02-18) roce component 1 (2026-02-17) · roce component 2 (2025-02-18) · roce component 3 (2025-02-18) · roce component 4 (2026-02-17) · roce component 5 (2026-02-17) |
| 2023-12-31 | 3.79 | Unavailable | Unavailable | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":29943000,"capex":{"accession":"0001990354-26-000011","end":"2023-12-31","filed":"2026-02-17","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquireProductiveAssets","unit":"USD"},"ocf":{"accession":"0001990354-26-000011","end":"2023-12-31","filed":"2026-02-17","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":791010000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"netIncome":{"value":-51334000,"tag":"ProfitLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"operatingIncome":{"value":142083000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2022-12-31"},"openingParentEquity":{"value":2106232000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":64558000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":4582974000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"closingCurrentLiabilities":{"value":123489000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"closingCapitalEmployed":{"value":4459485000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":2049932000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":2533042000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"closingCash":{"value":35580000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-51334000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"incomeTaxExpense":{"value":-12500000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"pretaxIncome":{"value":-63834000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 3.7854135851632718; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2022-12-31 fcfMargin component 1 (2026-02-17) · fcfMargin component 2 (2026-02-17) · fcfMargin component 3 (2026-02-17)cashConversion component 1 (2026-02-17) · cashConversion component 2 (2026-02-17) · cashConversion component 3 (2025-02-18) roce component 1 (2026-02-17) · roce component 2 (2025-02-18) · roce component 3 (2025-02-18) |
| 2022-12-31 | 12.09 | Unavailable | Unavailable | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":85201000,"capex":{"accession":"0001410578-25-000148","end":"2022-12-31","filed":"2025-02-18","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquireProductiveAssets","unit":"USD"},"ocf":{"accession":"0001410578-25-000148","end":"2022-12-31","filed":"2025-02-18","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":704874000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"netIncome":{"value":-51455000,"tag":"ProfitLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"operatingIncome":{"value":89450000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2021-12-31"},"openingParentEquity":{"value":2121165000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCapitalEmployed":{"value":null,"inputNames":["closingAssets","closingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2022-12-31"},"closingParentEquity":{"value":2106232000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-17","accession":"0001990354-26-000011","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCash":{"value":64558000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-51455000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"incomeTaxExpense":{"value":-14420000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"pretaxIncome":{"value":-65875000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-18","accession":"0001410578-25-000148","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 12.087408529751418; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed, closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2021-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2022-12-31 fcfMargin component 1 (2025-02-18) · fcfMargin component 2 (2025-02-18) · fcfMargin component 3 (2025-02-18)cashConversion component 1 (2025-02-18) · cashConversion component 2 (2025-02-18) · cashConversion component 3 (2025-02-18) roce component 1 (2025-02-18) |
Annual operating facts
Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.
| Fiscal end | Revenue (USD) | Operating margin (%) | Net margin (%) | Inputs & filing sources |
|---|---|---|---|---|
| 2025-12-31 | 1,099,278,000.00 | 22.68 | 10.20 | Inputs & filingsrevenue: 1099278000; operatingIncome: 249305000; netIncome: 112089000 revenue (2026-02-17)operatingIncome (2026-02-17) netIncome (2026-02-17) |
| 2024-12-31 | 943,549,000.00 | 13.11 | -2.03 | Inputs & filingsrevenue: 943549000; operatingIncome: 123725000; netIncome: -19125000 revenue (2026-02-17)operatingIncome (2026-02-17) netIncome (2025-02-18) |
| 2023-12-31 | 791,010,000.00 | 17.96 | -6.49 | Inputs & filingsrevenue: 791010000; operatingIncome: 142083000; netIncome: -51334000 revenue (2026-02-17)operatingIncome (2026-02-17) netIncome (2025-02-18) |
| 2022-12-31 | 704,874,000.00 | 12.69 | -7.30 | Inputs & filingsrevenue: 704874000; operatingIncome: 89450000; netIncome: -51455000 revenue (2025-02-18)operatingIncome (2025-02-18) netIncome (2025-02-18) |
Waystar Holding Corp. (WAY) P/E ratio history
The interactive P/E chart contains all 123 stored weekly price points (2024-06-07–2026-10-08); 41 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.
Fiscal-year-end snapshots
1 eligible fiscal-year-end observations span 2025-12-31–2025-12-31. Latest eligible diluted P/E: 54.07×; basic P/E: 52.35×, for fiscal end 2025-12-31, using the close on 2025-12-26.
Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.
Explore the P/E chart and optional reference lines · How P/E history is calculated.
Complete annual P/E history (4 fiscal periods)
| Fiscal end | Price date | Close | Price basis | Basic P/E | Diluted P/E | EPS filings |
|---|---|---|---|---|---|---|
| 2025-12-31 | 2025-12-26 | 32.98 | Adjusted close | 52.35 | 54.07 | Basic EPS (2026-02-17) Diluted EPS (2026-02-17) |
| 2024-12-31 | 2024-12-27 | 37.92 | Adjusted close | Unavailable | Unavailable | Basic EPS (2026-02-17) Diluted EPS (2026-02-17) |
| 2023-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Basic EPS (2026-02-17) Diluted EPS (2026-02-17) |
| 2022-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Basic EPS (2025-02-18) Diluted EPS (2025-02-18) |
Did this research save you time?
I build and maintain Stock Value Lens independently. If you found it useful, a coffee helps me maintain the tools and improve data updates.