Waystar Holding Corp. Common Stock (WAY) - Net Assets
Based on the latest financial reports, Waystar Holding Corp. Common Stock (WAY) has net assets worth $3.88 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.95 Billion) and total liabilities ($2.08 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. Check Waystar Holding Corp. Common Stock (WAY) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.88 Billion |
| % of Total Assets | 65.15% |
| Annual Growth Rate | 16.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.68 |
Waystar Holding Corp. Common Stock - Net Assets Trend (2021–2025)
This chart illustrates how Waystar Holding Corp. Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Waystar Holding Corp. Common Stock for the complete picture of this company's asset base.
Annual Net Assets for Waystar Holding Corp. Common Stock (2021–2025)
The table below shows the annual net assets of Waystar Holding Corp. Common Stock from 2021 to 2025. For live valuation and market cap data, see WAY market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.88 Billion | +25.94% |
| 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 982500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.92 Million | 0.05% |
| Other Comprehensive Income | $-632.00K | -0.02% |
| Other Components | $3.99 Billion | 102.77% |
| Total Equity | $3.88 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.
| Company | Market Cap |
|---|---|
|
PEPCO GROUP N.V. EO-01
F:8UX
|
$4.02 Billion |
|
Sunrise Communications AG
NASDAQ:SNRE
|
$4.02 Billion |
|
Kulicke and Soffa Industries Inc
NASDAQ:KLIC
|
$4.02 Billion |
|
Companhia de Saneamento de Minas Gerais
SA:CSMG3
|
$4.02 Billion |
|
CECEP Wind-Power Corp Co Ltd
SHG:601016
|
$4.01 Billion |
|
Weihai Guangwei Composites Co Ltd
SHE:300699
|
$4.01 Billion |
|
Fluidra
MC:FDR
|
$4.01 Billion |
|
China International Marine Containers (Group) Co. Ltd
F:OCM
|
$4.01 Billion |
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 2024 to 2025, total equity changed from 3,079,786,000 to 3,878,826,000, a change of 799,040,000 (25.9%).
- Net income of 112,089,000 contributed positively to equity growth.
- New share issuances of 25,779,000 increased equity.
- Other comprehensive income decreased equity by 1,513,000.
- Other factors increased equity by 662,685,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $112.09 Million | +2.89% |
| Share Issuances | $25.78 Million | +0.66% |
| Other Comprehensive Income | $-1.51 Million | -0.04% |
| Other Changes | $662.68 Million | +17.08% |
| Total Change | $- | 25.94% |
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: 1.07x
- 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 1.65x to 1.07x 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 | $20.95 | x |
| 2022-12-31 | $12.64 | $20.95 | x |
| 2023-12-31 | $12.30 | $20.95 | x |
| 2024-12-31 | $20.54 | $20.95 | x |
| 2025-12-31 | $19.66 | $20.95 | 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): 2.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.20%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.54x
- Recent ROE (2.89%) is above the historical average (-0.98%), 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 |
| 2025 | 2.89% | 10.20% | 0.18x | 1.54x | $-275.79 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: $517,935,083
- Average return on equity (ROE) among peers: -17.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Waystar Holding Corp. Common Stock (WAY) | $3.88 Billion | -2.22% | 0.54x | $4.02 Billion |
| Aclarion Inc (ACON) | $-5.73 Million | 0.00% | 0.00x | $1.99 Million |
| American Well Corp (AMWL) | $1.08 Billion | -24.95% | 0.12x | $90.87 Million |
| Heartbeam Inc (BEAT) | $63.68 Million | -15.38% | 0.96x | $30.37 Million |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG) | $-3.06 Million | 0.00% | 0.00x | $6.51 Million |
| BrightSpring Health Services, Inc. Common Stock (BTSG) | $1.65 Billion | -1.09% | 2.59x | $8.82 Billion |
| Carlsmed, Inc. Common Stock (CARL) | $98.87 Million | -30.56% | 0.32x | $253.42 Million |
| CareCloud Inc. (CCLD) | $118.50K | -150.21% | 47.72x | $117.28 Million |
| Certara Inc (CERT) | $492.77 Million | -6.75% | 1.13x | $983.48 Million |
| CareMax Inc (CMAX) | $6.73 Million | 88.33% | 4.72x | $381.50 |
| Claritev Corporation (CTEV) | $1.79 Billion | -32.00% | 3.12x | $277.75 Million |
About Waystar Holding Corp. Common Stock
Waystar Holding Corp. develops a cloud-based software solution for healthcare payments. 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. It primarily serves healthcare industry. The company was founded in 2017 and is headquartered in L… Read more