WAY
Waystar Holding Corp.
$28.84
+0.03
(+0.10%)
Mkt Cap
5.53B
Volume
1,639,142
52W Range
17.26-40.35
Sector
Healthcare
Beta
0.07
EPS (TTM)
0.72 USD
P/E Ratio
40.06
Revenue (TTM)
1.21B USD
Rev Growth (5Y)
+17.4%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
What we estimate one share is worth
$51.97
Undervalued
strong signal
44.5% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade · Gated
How strong & durable the business is
F
Platform & Compounding FCF
30.0 / 100 pillar composite (overridden)
A platform business that compounds free cash flow — graded A–F vs. similar companies.
Company Description
Waystar Holding Corp. is dedicated to developing a cloud-based software platform designed to streamline financial transactions within the healthcare industry. Their comprehensive system offers a suite of functionalities, including pre-approving finances, supporting patients with billing, overseeing claims and payments, actively preventing and recovering denied claims, enhancing revenue capture, and providing insightful analytics and reporting. The company's main clientele operates within the healthcare sector. Established in 2017, Waystar Holding Corp. is headquartered in Lehi, Utah.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 1.10B | 943.55M | 791.01M | 704.87M | 578.57M |
| Net Income | 112.09M | (19.12M) | (51.33M) | (51.45M) | (47.12M) |
| EPS | 0.63 | -0.13 | -0.31 | -0.31 | -0.28 |
| Free Cash Flow | 283.19M | 142.50M | 29.94M | 85.20M | 91.86M |
| FCF / Share | 1.59 | 0.95 | 0.18 | 0.51 | 0.55 |
| Operating CF | 309.67M | 169.77M | 51.46M | 102.63M | 106.41M |
| Total Assets | 5.79B | 4.58B | 4.58B | 4.69B | 4.78B |
| Total Debt | 1.49B | 1.26B | 2.25B | 2.26B | 2.30B |
| Cash & Equiv | 61.35M | 182.13M | 35.58M | 64.56M | 47.25M |
| Book Value | 3.88B | 3.08B | 2.05B | 2.11B | 2.12B |
| Return on Equity | 0.03 | -0.01 | -0.03 | -0.02 | -0.02 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 319.67M | 313.87M | 303.54M | 268.65M | 270.65M | 256.44M | 244.10M | 240.11M | 234.54M | 224.79M | 206.69M | 197.26M |
| Net Income | 40.87M | 43.28M | 19.99M | 30.65M | 32.18M | 29.27M | 19.08M | 5.41M | (27.68M) | (15.93M) | (14.41M) | (15.49M) |
| EPS | 0.21 | 0.23 | 0.10 | 0.18 | 0.19 | 0.17 | 0.11 | 0.03 | -0.17 | -0.10 | -0.09 | -0.09 |
| Free Cash Flow | 43.30M | 69.59M | 57.22M | 76.15M | 90.99M | 58.82M | 58.55M | 70.20M | 8.58M | 5.17M | 5.67M | (16.69M) |
| FCF / Share | 0.23 | 0.36 | 0.30 | 0.44 | 0.52 | 0.34 | 0.34 | 0.41 | 0.05 | 0.03 | 0.03 | -0.10 |
| Operating CF | 59.41M | 84.91M | 66.63M | 82.03M | 96.76M | 64.25M | 64.77M | 78.82M | 15.45M | 10.73M | 11.46M | (10.45M) |
| Total Assets | 5.87B | 5.84B | 5.79B | 4.75B | 4.68B | 4.62B | 4.58B | 4.54B | 4.57B | 4.58B | 4.58B | 4.61B |
| Total Debt | 1.48B | 1.49B | 1.49B | 1.25B | 1.26B | 1.26B | 1.26B | 1.27B | 1.38B | 2.28B | 2.25B | 2.25B |
| Cash & Equiv | 12.64M | 34.34M | 61.35M | 421.06M | 290.30M | 224.00M | 182.13M | 127.12M | 68.38M | 57.34M | 35.58M | 52.85M |
| Book Value | 3.99B | 3.94B | 3.88B | 3.22B | 3.17B | 3.13B | 3.08B | 3.05B | 2.95B | 2.04B | 2.05B | 2.08B |
| Return on Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | -0.01 | -0.01 | -0.01 | -0.01 |
WAY News
Waystar to Report Third Quarter 2026 Financial Results on November 2, 2026
WAYSTAR INVESTOR ALERT: Kaskela Law Firm Announces Stockholder Investigation of Waystar Holding Corp. (WAY) and Encourages Investors to Contact the Firm to Explore Their Legal Rights and Options
Waystar (WAY) Soars 7.1%: Is Further Upside Left in the Stock?
Waystar Considers Sale of Healthcare Payments Software Firm
Radiant Logistics, Waystar, Forgent Power Solutions And Other Big Stocks Moving Higher On Tuesday
Healthcare software firm Waystar explores options including sale, sources say
Waystar: Subscription Growth And AI Expansion Justify The Buy Position
Bain Capital Venture Investors LLC Takes $18.13 Billion Position in Waystar Holding Corp. $WAY
Bamco Inc. NY Purchases Shares of 1,787,600 Waystar Holding Corp. $WAY
Waystar Holding Corp. (WAY) Analyst/Investor Day Transcript