Waystar Holding Corp WAY
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Waystar Reports Third Quarter 2026 Results
New Waystar and Modern Healthcare Research Reveals Significant Gaps in Providers' Ability to Prevent Payer Recoupments
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 Launches New Agentic Solutions Transforming AI Into Action Across the Revenue Cycle
Waystar Expands Executive Leadership to Accelerate Innovation and Growth
These healthcare stocks offer value and rapid profit growth
The AI boom is over - here's your bubble survival guide
Trading Information
- Previous Close Price
- $29.30
- Day Range
- $28.43–29.51
- 52-Week Range
- $17.27–37.42
- Bid/Ask
- $28.82 / $28.89
- Shares Outstanding
- 192.39M
- Market Cap
- $5.56B
- Volume/Avg
- 791,377 / 2M
Key Statistics
- Price/Earnings (Normalized)
- 18.55
- Price/Sales
- 4.54
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- 0.10%
Company Profile
Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. Its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for solutions extends throughout the United States and includes Puerto Rico and other USA Territories.
- Sector
- Healthcare
- Industry
- Health Information Services
- Stock Style Box
- Small Growth
- Total Number of Employees
- 340
- Website
- https://www.waystar.com
Valuation
Metric | WAY |
|---|---|
Price/Earnings (Normalized) | 18.55 |
Price/Book Value | 1.40 |
Price/Sales | 4.54 |
Price/Cash Flow | 16.10 |
Price/Earnings
WAY
Financial Strength
Metric | WAY |
|---|---|
Quick Ratio | 1.89 |
Current Ratio | 2.10 |
Interest Coverage | 3.36 |
Quick Ratio
WAY
Profitability
Metric | WAY |
|---|---|
Return on Assets (Normalized) | 5.72% |
Return on Equity (Normalized) | 8.45% |
Return on Invested Capital (Normalized) | 7.23% |
Return on Assets
WAY
Health Information Services Industry Comparables
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Veeva Systems Inc Class A VEEV | LOCK|%Y^y&$sS | LOCK|$? | $49B | |||
| Pro Medicus Ltd PMCUF | — | LOCK|F&Js% | $15B | |||
| Pro Medicus Ltd ADR PMDIY | — | LOCK|&#r#N | $15B | |||
| Tempus AI Inc Class A common stock TEM | — | LOCK|X$ | $15B | |||
| BrightSpring Health Services Inc BTSG | — | LOCK|ljd!m | $14B | |||
| Hinge Health Inc Ordinary Shares - Class A HNGE | — | LOCK|%$Ry< | $10B | |||
| HealthEquity Inc HQY | — | LOCK|#dRW | $9B | |||
| M3 Inc MTHRF | — | LOCK|^Gx#Q | $8B | |||
| M3 Inc ADR MTHRY | — | LOCK|DyYls | $8B | |||
| Doximity Inc Class A DOCS | — | LOCK|%N$& | $6B |
United States