Waystar Holding Corp.

NasdaqGS:WAY Stock Report

Market Cap: US$6.7b

Waystar Holding Past Earnings Performance

Past criteria checks 2/6

Waystar Holding has been growing earnings at an average annual rate of 24.8%, while the Healthcare Services industry saw earnings growing at 20.4% annually. Revenues have been growing at an average rate of 18.2% per year. Waystar Holding's return on equity is 0.8%, and it has net margins of 2.7%.

Key information

24.85%

Earnings growth rate

26.01%

EPS growth rate

Healthcare Services Industry Growth1.72%
Revenue growth rate18.25%
Return on equity0.83%
Net Margin2.67%
Last Earnings Update31 Mar 2025

Recent past performance updates

The Strong Earnings Posted By Waystar Holding (NASDAQ:WAY) Are A Good Indication Of The Strength Of The Business

May 08
The Strong Earnings Posted By Waystar Holding (NASDAQ:WAY) Are A Good Indication Of The Strength Of The Business

Recent updates

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Advanced AI And Cloud RCM Will Transform Digital Healthcare

Advanced AI adoption and cloud-based solutions are enhancing operational efficiency, expanding market reach, and driving strong cross-sell activity and recurring revenue growth.

Waystar Q1 Review: Navigating Premium Valuation With A View To Buy

May 25

The Strong Earnings Posted By Waystar Holding (NASDAQ:WAY) Are A Good Indication Of The Strength Of The Business

May 08
The Strong Earnings Posted By Waystar Holding (NASDAQ:WAY) Are A Good Indication Of The Strength Of The Business

Calculating The Fair Value Of Waystar Holding Corp. (NASDAQ:WAY)

Jan 07
Calculating The Fair Value Of Waystar Holding Corp. (NASDAQ:WAY)

These 4 Measures Indicate That Waystar Holding (NASDAQ:WAY) Is Using Debt Extensively

Dec 10
These 4 Measures Indicate That Waystar Holding (NASDAQ:WAY) Is Using Debt Extensively

Waystar: Healthcare Payment Provider Goes Public

Jun 14

Revenue & Expenses Breakdown

How Waystar Holding makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:WAY Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 259752627250
31 Dec 24944-1926949
30 Sep 24906-5325447
30 Jun 24863-7424245
31 Mar 24825-5720237
31 Dec 23791-5118635
30 Sep 23766-5217334
30 Jun 23747-4716933
31 Mar 23724-4917133
31 Dec 22705-5117433
31 Dec 21579-4716228

Quality Earnings: WAY has a large one-off loss of $17.9M impacting its last 12 months of financial results to 31st March, 2025.

Growing Profit Margin: WAY became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: WAY has become profitable over the past 5 years, growing earnings by 24.8% per year.

Accelerating Growth: WAY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: WAY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Healthcare Services industry (7.3%).


Return on Equity

High ROE: WAY's Return on Equity (0.8%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/16 13:09
End of Day Share Price 2025/06/16 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Waystar Holding Corp. is covered by 15 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Saket KaliaBarclays
Allen LutzBofA Global Research
Allen LutzBofA Global Research