Waystar Holding Corp.
WAYHealthcareNASDAQHealth Information Services
Scan Results
Daily timeframeWaystar Holding Corp. develops a cloud-based software solution for healthcare payments. With a market capitalization of $4.27B, it sits in mid-cap territory. Its platform offers financial clearance, patient financial care, claim and payer payment management, denials prevention and recovery, clinical integrity and revenue capture, and analytics and reporting solutions.
Market Cap
$4.27B
Beta
0.07
P/E (TTM)
34.80
P/E (Fwd)
12.04
EPS (TTM)
$0.64
EPS (Fwd)
$1.85
ROE
3.6%
ROA
3.3%
Cash
$160.1M
Total Debt
$1.49B
Free CF
$327.6M
52W Change
-39.3%
Annual Financials
Cash vs Debt
The company holds $160.1M in cash, though total debt stands at $1.49B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $327.6M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 3.6%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.3% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $704.9M (2022) to $1.10B (2025), reflecting a 56% increase over the period.
The relatively low beta of 0.07 suggests WAY is a less volatile holding compared to the broader index. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Waystar Holding Corp.'s trajectory.