Waystar Holding Corp. (WAY) Stock Analysis
Last updated Sep 8, 2026
Health Check
Last analyzed Sep 7, 2026
- Financial Health 50
- Profitability 95
- Business Quality 75
- Balance Sheet 45
- Cash Flow 80
Why this rating?
Health 76/100 — Elite Quality
Worth tracking, but timing is mixed — not a clear setup yet.
Company overview
Waystar Holding Corp. (WAY) is a Health Information Services company in the Healthcare sector. Compound Radar rates Waystar Holding Corp. 76/100 (Elite Quality) due to high business quality, strong revenue growth, and elevated leverage.
Investment profile
- Quality High
- Growth Strong
- Balance Sheet Stretched
- Valuation Attractive
Financial highlights
Valuation
- P/E 34.63
- Forward P/E 12.91
- EV/Revenue 5.06
Profitability
- Revenue Growth 18.1%
- Gross Margin 69.1%
- Operating Margin 24.4%
- Net Margin 11.2%
- ROE 3.8%
Financial strength
- Cash $193.51M
- Debt $1.48B
- Net Cash $-1.29B
- Free Cash Flow $283.19M
- Current Ratio 1.85
Similar companies
Peers in Health Information Services, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- Veeva Systems Inc. Health Information Services VEEV$264.84 79 Health 79 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- HealthEquity, Inc. Health Information Services HQY$93.36 74 Health 74 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Doximity, Inc. Health Information Services DOCS$24.42 74 Health 74 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Hinge Health, Inc. Health Information Services HNGE$92.69 71 Health 71 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Schrödinger, Inc. Health Information Services SDGR$20.03 65 Health 65 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Privia Health Group, Inc. Health Information Services PRVA$20.78 64 Health 64 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Omnicell, Inc. Health Information Services OMCL$33.88 63 Health 63 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- GoodRx Holdings, Inc. Health Information Services GDRX$3.52 59 Health 59 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
FAQ
How Compound Radar scores and tracks Waystar Holding Corp. (WAY).