Waystar Holding WAY
NASDAQ WAY
$25.07 -1.01 (-3.87%)
At close: Sep 4, 2026 · 4:00 PM EDT

Waystar Holding (WAY) EV to FCF (2024 - 2026)

Waystar Holding (WAY) posted EV to FCF of 86.58 for Q2 2026, up 35.0% on a QoQ basis from 64.13 in Q1 2026, and up 15.75% year-over-year from 74.8 in Q2 2025.

Analysis

Waystar Holding (WAY) EV to FCF (2024 - 2026) Analysis & Trends

Waystar Holding has reported EV to FCF for 3 years, with the latest figure at 86.58 in Q2 2026.

  • On a quarterly basis, EV to FCF rose 15.75% year-over-year to 86.58 in Q2 2026; TTM through Jun 2026 was 15.22, a 37.7% decrease from a year earlier, with the FY2025 full-year figure at 21.85, down 49.05% from the prior year.
  • EV to FCF was 86.58 for Q2 2026 at Waystar Holding, up from 64.13 in the prior quarter.
  • The five-year high for EV to FCF was 325.14 in Q2 2024, with the low at 64.13 in Q1 2026.
  • Average EV to FCF over 3 years is 112.91, with a median of 86.58 recorded in 2026.
  • The largest YoY upside for EV to FCF was 22.34% in 2025 against a maximum downside of 77.0% in 2025.
  • Over 3 years, EV to FCF stood at 104.39 in 2024, then increased by 3.59% to 108.14 in 2025, then slipped by 19.94% to 86.58 in 2026.
  • The last three EV to FCF figures came in at 86.58 (Q2 2026), 64.13 (Q1 2026), and 108.14 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Veeva Systems 44.53 Bn 37.29 Bn 695.95 Mn
2 Waystar Holding 4.81 Bn 4.62 Bn 221.99 Mn
3 Doximity 4.74 Bn 4.05 Bn 132.93 Mn
4 CCC Intelligent Solutions Holdings 4.41 Bn 4.30 Bn 210.64 Mn
5 EverCommerce 1.40 Bn 1.27 Bn 119.50 Mn
6 Schrodinger 1.32 Bn 904.47 Mn 32.43 Mn
7 Certara 1.21 Bn 1.03 Bn 58.15 Mn
8 GoodRx Holdings 1.18 Bn 887.53 Mn 179.41 Mn
9 Healthstream 853.81 Mn 787.08 Mn 54.72 Mn
10 Phreesia 677.81 Mn 677.81 Mn 110.19 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 86.58
Mar 31, 2026 64.13
Dec 31, 2025 108.14
Sep 30, 2025 81.13
Jun 30, 2025 74.80
Mar 31, 2025 105.61
Dec 31, 2024 104.39
Sep 30, 2024 66.31
Jun 30, 2024 325.14