Waystar Holding Corp. Common Stock

NASDAQ:WAY USA Health Information Services
Market Cap
$4.71 Billion
Market Cap Rank
#3607 Global
#2349 in USA
Share Price
$24.61
Change (1 day)
+1.86%
52-Week Range
$21.74 - $41.16
All Time High
$45.35
About

Waystar Holding Corp. develops a cloud-based software solution for healthcare payments. Its platform offers financial clearance, patient financial care, claim and payment management, denial prevention and recovery, revenue capture, and analytics and reporting solutions. It primarily serves healthcare industry. The company was founded in 2017 and is headquartered in Lehi, Utah.

Waystar Holding Corp. Common Stock (WAY) - Net Assets

Latest net assets as of September 2025: $3.22 Billion USD

Based on the latest financial reports, Waystar Holding Corp. Common Stock (WAY) has net assets worth $3.22 Billion USD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.75 Billion) and total liabilities ($1.52 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $3.22 Billion
% of Total Assets 67.9%
Annual Growth Rate 13.23%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 24.49

Waystar Holding Corp. Common Stock - Net Assets Trend (2021–2024)

This chart illustrates how Waystar Holding Corp. Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Waystar Holding Corp. Common Stock (2021–2024)

The table below shows the annual net assets of Waystar Holding Corp. Common Stock from 2021 to 2024.

Year Net Assets Change
2024-12-31 $3.08 Billion +50.24%
2023-12-31 $2.05 Billion -2.67%
2022-12-31 $2.11 Billion -0.70%
2021-12-31 $2.12 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Waystar Holding Corp. Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 12191400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock $1.72 Million 0.06%
Other Comprehensive Income $881.00K 0.03%
Other Components $3.30 Billion 107.09%
Total Equity $3.08 Billion 100.00%

Waystar Holding Corp. Common Stock Competitors by Market Cap

The table below lists competitors of Waystar Holding Corp. Common Stock ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Waystar Holding Corp. Common Stock's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,049,932,000 to 3,079,786,000, a change of 1,029,854,000 (50.2%).
  • Net loss of 19,125,000 reduced equity.
  • Share repurchases of 844,000 reduced equity.
  • New share issuances of 1,018,757,000 increased equity.
  • Other comprehensive income decreased equity by 14,921,000.
  • Other factors increased equity by 45,987,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $-19.12 Million -0.62%
Share Repurchases $844.00K -0.03%
Share Issuances $1.02 Billion +33.08%
Other Comprehensive Income $-14.92 Million -0.48%
Other Changes $45.99 Million +1.49%
Total Change $- 50.24%

Book Value vs Market Value Analysis

This analysis compares Waystar Holding Corp. Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.20x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 1.93x to 1.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 $12.73 $24.61 x
2022-12-31 $12.64 $24.61 x
2023-12-31 $12.30 $24.61 x
2024-12-31 $20.54 $24.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Waystar Holding Corp. Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -0.62%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.03%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 1.49x
  • Recent ROE (-0.62%) is above the historical average (-1.95%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 -2.22% -8.14% 0.12x 2.25x $-259.23 Million
2022 -2.44% -7.30% 0.15x 2.23x $-262.08 Million
2023 -2.50% -6.49% 0.17x 2.24x $-256.33 Million
2024 -0.62% -2.03% 0.21x 1.49x $-327.10 Million

Industry Comparison

This section compares Waystar Holding Corp. Common Stock's net assets metrics with peer companies in the Health Information Services industry.

Industry Context

  • Industry: Health Information Services
  • Average net assets among peers: $25,622,845
  • Average return on equity (ROE) among peers: -162.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Waystar Holding Corp. Common Stock (WAY) $3.22 Billion -2.22% 0.47x $3.45 Billion
Accolade, Inc. (ACCD) $390.85 Million -12.96% 0.22x $448.32 Million
Achiko AG (ACHKF) $-4.58 Million 0.00% 0.00x $314.42K
Ascom Holding AG (ACMLF) $80.90 Million -180.10% 1.78x $152.13 Million
Accelera Innovations Inc (ACNV) $-6.40 Million 0.00% 0.00x $5.72K
Aclarion Inc (ACON) $-728.00K 0.00% 0.00x $1.88 Million
Alternate Health Corp (AHGIF) $1.36 Million -129.15% 0.71x $6.50K
AI/ML Innovations Inc (AIMLF) $-1.77 Million 0.00% 0.00x $6.84 Million
NetraMark Holdings Inc. (AINMF) $1.09 Million -1305.34% 0.76x $70.13 Million
AMJ Global Technology (AMJT) $-71.11K 0.00% 0.00x $10.99 Million
American Well Corp (AMWL) $-204.41 Million 0.00% 0.00x $79.04 Million