Waystar Holding (WAY) Debt Ratio (2023 - 2026)
Waystar Holding (WAY) posted quarterly Debt Ratio of 0.25 for Q2 2026, down 4.76% year-over-year from 0.26 in Q2 2025, and down 0.71% quarter-over-quarter from 0.25 in Q1 2026.
Analysis
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 Q2 2026.
- In Q2 2026, Debt Ratio fell 4.76% year-over-year to 0.25; the TTM figure through Jun 2026 stood at 0.25 (down 4.76% YoY), while the FY2025 annual figure was 0.25, down 5.43% from the prior year.
- Debt Ratio for Q2 2026 stood at 0.25, down from 0.25 in the prior quarter.
- The five-year high for Debt Ratio was 0.48 in Q4 2023, with the low at 0.25 in Q2 2026.
- The 4-year median for Debt Ratio is 0.26 (2025), against an average of 0.29.
- The sharpest annual moves came in 2024 and 2026: Debt Ratio plunged 44.36% in 2024, then fell 4.76% in 2026.
- Waystar Holding's Debt Ratio stood at 0.48 in 2023, then slumped by 44.36% to 0.27 in 2024, then retreated by 5.43% to 0.25 in 2025, then slipped by 1.84% to 0.25 in 2026.
- Business Quant data shows WAY's Debt Ratio at 0.25 in Q2 2026, 0.25 in Q1 2026, and 0.25 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 46.14 Bn | 38.90 Bn | 695.95 Mn | - |
| 2 | BrightSpring Health Services | 12.64 Bn | 12.07 Bn | 492.75 Mn | 0.37 |
| 3 | Tempus AI | 11.63 Bn | 10.82 Bn | 274.25 Mn | - |
| 4 | Healthequity | 8.23 Bn | 7.98 Bn | 257.95 Mn | 0.28 |
| 5 | 10x Genomics | 8.23 Bn | 7.68 Bn | 112.50 Mn | - |
| 6 | Hinge Health | 7.20 Bn | 6.81 Bn | 183.95 Mn | - |
| 7 | MiniMed | 6.10 Bn | 5.81 Bn | 480.00 Mn | - |
| 8 | Waystar Holding | 4.99 Bn | 4.80 Bn | 221.99 Mn | 0.25 |
| 9 | Doximity | 4.92 Bn | 4.23 Bn | 132.93 Mn | - |
| 10 | Heartflow | 4.30 Bn | 3.92 Bn | 53.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.25 |
| 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 |