Waystar Holding (WAY) Debt Ratio (2023 - 2026)
Waystar Holding's (WAY) quarterly Debt Ratio came in at 0.25 in Q1 2026, down 5.46% year-on-year from 0.27 in Q1 2025, and down 1.13% quarter-over-quarter from 0.25 in Q4 2025.
Waystar Holding (WAY) Debt Ratio (2023 - 2026) Analysis & Trends
Waystar Holding's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.25 for Q1 2026.
- On a quarterly basis, Debt Ratio fell 5.46% year-over-year to 0.25 in Q1 2026; TTM through Mar 2026 was 0.25, a 5.46% decrease from a year earlier, with the FY2025 full-year figure at 0.25, down 5.43% from the prior year.
- Debt Ratio eased to 0.25 in Q1 2026 per WAY's latest filing, from 0.25 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.48 in Q4 2023 and bottomed at 0.25 in Q1 2026.
- The 4-year median for Debt Ratio is 0.27 (2025), against an average of 0.29.
- Across the five-year window, Debt Ratio sank 44.36% in 2024 and dropped 5.02% in 2025, its largest moves.
- Year by year, Debt Ratio stood at 0.48 in 2023, then sank by 44.36% to 0.27 in 2024, then decreased by 5.43% to 0.25 in 2025, then decreased by 1.13% to 0.25 in 2026.
- Per Business Quant, the three latest WAY Debt Ratio figures stand at 0.25 (Q1 2026), 0.25 (Q4 2025), and 0.26 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.81 Bn | 24.49 Bn | 662.02 Mn | - |
| 2 | BrightSpring Health Services | 14.76 Bn | 13.86 Bn | 482.22 Mn | 0.40 |
| 3 | Healthequity | 8.36 Bn | 8.10 Bn | 256.31 Mn | 0.29 |
| 4 | Hinge Health | 5.91 Bn | 5.60 Bn | 154.23 Mn | - |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn | - |
| 6 | MiniMed | 4.45 Bn | 4.16 Bn | 480.00 Mn | - |
| 7 | Waystar Holding | 4.41 Bn | 4.35 Bn | 216.84 Mn | 0.25 |
| 8 | Doximity | 3.93 Bn | 3.18 Bn | 125.97 Mn | - |
| 9 | Privia Health | 3.10 Bn | 2.68 Bn | - | - |
| 10 | Omnicell | 1.89 Bn | 1.65 Bn | 140.36 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 0.29 |
| Dec 31, 2023 | 0.48 |