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
DateValue
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