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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |