Waystar Holding (WAY) Debt Ratio (2023 - 2026)
Waystar Holding (WAY) recorded quarterly Debt Ratio of 0.25 in Q1 2026, down 1.13% quarter-over-quarter from 0.25 in Q4 2025, and down 5.46% on a YoY basis from 0.27 in Q1 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.
- In Q1 2026, Debt Ratio fell 5.46% year-over-year to 0.25; the TTM figure through Mar 2026 stood at 0.25 (down 5.46% YoY), while the FY2025 annual figure was 0.25, down 5.43% from the prior year.
- Debt Ratio was 0.25 for Q1 2026 at Waystar Holding, down from 0.25 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.48 in Q4 2023 to a low of 0.25 in Q1 2026.
- Historically, Debt Ratio has averaged 0.29 across 4 years, with a median of 0.27 in 2025.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio sank 44.36% in 2024, then decreased 5.02% in 2025.
- A 4-year view of Debt Ratio shows it stood at 0.48 in 2023, then tumbled 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.
- The last three Debt Ratio figures came in at 0.25 (Q1 2026), 0.25 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | - |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 0.40 |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 0.29 |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | - |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | - |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | - |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 0.25 |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | - |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 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 |