Waystar Holding Corp.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Waystar Holding Corp.'s yearly results (2022–2025), compared with Healthcare companies in United States. Tap ? on any ratio for what it means.
What stands out
- Tangible Assets Ratio: Of every $100 the company owns, $8 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. Less tangible than almost all Healthcare companies in United States.
- Steadiness Ratio: Sales and profit both grew in each of the last 3 years. Steadier than 96% of Healthcare companies in United States.
- Self-Funding Ratio: Over the last 3 years its own operating cash covered its investment spending (capex) 7.1 times. Higher than 91% of Healthcare companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
7.1×Over the last 3 years its own operating cash covered its investment spending (capex) 7.1 times.
Higher than 91% of Healthcare companies in United States.
Cash Locked Ratio
—Data incomplete
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 96% of Healthcare companies in United States.
Growth Efficiency Ratio
$41Sales grew 56% in 3 years; of every extra $100 of sales, $41 became extra profit.
Higher than 65% of Healthcare companies in United States.
Asset Productivity Ratio
+56% / +23%In 3 years sales changed by +56% while total assets changed by +23%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
21.8×Debt due within a year is covered 21.8 times by its yearly operating cash.
Higher than 90% of Healthcare companies in United States.
Cash Cushion Ratio
−25%Debt, after subtracting cash, equals 25% of its market value (net debt).
Lower than 87% of Healthcare companies in United States.
Tangible Assets Ratio
8%Of every $100 the company owns, $8 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than almost all Healthcare companies in United States.
Tangible Net Worth Ratio
NegativeGoodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative.
Less tangible than 84% of Healthcare companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Waystar Holding Corp. owes $0.32 for every $1 it owns. Waystar Holding Corp. returned to profit in the year to Dec 2025, after a loss the year before.
Compared with Healthcare companies in United States · latest annual results Dec 2025.
P/E ratio
41.4Investors pay $41.4 for every $1 of Waystar Holding Corp.'s yearly profit, higher than 75% of Healthcare companies in United States.
P/B ratio
1.39The share price is 1.39 times Waystar Holding Corp.'s book value per share, lower than 70% of Healthcare companies in United States.
Market cap
$5.6 BThe total market value of all of Waystar Holding Corp.'s shares at today's price (share price × number of shares), larger than 85% of Healthcare companies in United States. PosiCap size class: Meso Cap.
Net worth (book value)
$4.0 BWhat Waystar Holding Corp. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$20.79Net worth divided by the number of shares. The share price of $28.98 is 1.4 times this, which is the P/B above.
Return on equity (ROE)
3.8%Waystar Holding Corp. earned 3.8% on its shareholders' money over the last year, higher than 79% of Healthcare companies in United States.
Owes vs Owns
0.32×Waystar Holding Corp. owes $0.32 for every $1 it owns (low), lower than 58% of Healthcare companies in United States.
Dividend yield
NoneWaystar Holding Corp. does not currently pay a dividend.
Revenue growth
+17%Revenue rose 17% in the year to Dec 2025, and grew 16% a year on average over 3 years.
Profit growth
Back to profitWaystar Holding Corp. returned to profit in the year to Dec 2025, after a loss the year before.
Profit margin
10.2%Waystar Holding Corp. keeps $10 of every $100 of revenue as net profit.
Cash quality
2.8×Cash from Waystar Holding Corp.'s business was 2.8× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
3.2×Waystar Holding Corp.'s operating profit covered its interest costs 3.2 times in the year to Dec 2025.
Cash vs debt
Net debtWaystar Holding Corp. had $1.4 B more debt than cash (net debt) at Dec 2025.
Questions
What is Waystar Holding Corp.'s P/E ratio?
Investors pay $41.4 for every $1 of Waystar Holding Corp.'s yearly profit, higher than 75% of Healthcare companies in United States.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Waystar Holding Corp.: $5.6 B ÷ $4.0 B (30 Jun 2026) = 1.4.
What is Waystar Holding Corp.'s return on equity?
Waystar Holding Corp. earned 3.8% on its shareholders' money over the last year, higher than 79% of Healthcare companies in United States.
How much does Waystar Holding Corp. owe compared with what it owns?
Waystar Holding Corp. owes $0.32 for every $1 it owns (low), lower than 58% of Healthcare companies in United States.
Does Waystar Holding Corp. pay a dividend?
No. Waystar Holding Corp. does not currently pay a dividend.
Is Waystar Holding Corp.'s revenue growing?
Revenue rose 17% in the year to Dec 2025, and grew 16% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.