Waystar Holding WAY
NASDAQ WAY
$26.07 +0.35 (+1.36%)
As of: Sep 3, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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