Waystar Holding (WAY) Return on Capital Employed (2024 - 2026)
Waystar Holding's (WAY) quarterly Return on Capital Employed came in at 4.73% in Q1 2026, up 128.0% year-on-year from 2.07% in Q1 2025, and down 4.21% quarter-over-quarter from 4.94% in Q4 2025.
Waystar Holding (WAY) Return on Capital Employed (2024 - 2026) Analysis & Trends
Waystar Holding's Return on Capital Employed history runs 3 years deep, the most recent figure standing at 4.73% for Q1 2026.
- On a quarterly basis, Return on Capital Employed rose 128.0% year-over-year to 4.73% in Q1 2026; TTM through Mar 2026 was 4.73%, a 128.0% increase from a year earlier, with the FY2025 full-year figure at 5.02%, up 223.0% from the prior year.
- Return on Capital Employed declined to 4.73% in Q1 2026 per WAY's latest filing, from 4.94% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 5.34% in Q3 2025 and bottomed at 2.45% in Q3 2024.
- The 3-year median for Return on Capital Employed is 4.68% (2025), against an average of 4.06%.
- Across the five-year window, Return on Capital Employed soared 290 bps in 2025 and jumped 128 bps in 2026, its largest moves.
- Year by year, Return on Capital Employed stood at 2.8% in 2024, then jumped by 76 bps to 4.94% in 2025, then slipped by 4 bps to 4.73% in 2026.
- Per Business Quant, the three latest WAY Return on Capital Employed figures stand at 4.73% (Q1 2026), 4.94% (Q4 2025), and 5.34% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.79 Bn | 24.48 Bn | 662.02 Mn | 13.00% |
| 2 | BrightSpring Health Services | 14.63 Bn | 13.73 Bn | 482.22 Mn | 7.68% |
| 3 | Healthequity | 8.30 Bn | 8.04 Bn | 256.31 Mn | 10.67% |
| 4 | Hinge Health | 5.93 Bn | 5.61 Bn | 154.23 Mn | -163.65% |
| 5 | 10x Genomics | 5.85 Bn | 5.31 Bn | 106.18 Mn | -4.23% |
| 6 | Waystar Holding | 4.47 Bn | 4.41 Bn | 216.84 Mn | 4.73% |
| 7 | MiniMed | 4.46 Bn | 4.17 Bn | 480.00 Mn | -8.46% |
| 8 | Doximity | 3.95 Bn | 3.20 Bn | 125.97 Mn | 21.81% |
| 9 | Privia Health | 3.18 Bn | 2.76 Bn | - | 4.60% |
| 10 | Omnicell | 1.86 Bn | 1.62 Bn | 140.36 Mn | 2.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.73% |
| Dec 31, 2025 | 4.94% |
| Sep 30, 2025 | 5.34% |
| Jun 30, 2025 | 4.68% |
| Mar 31, 2025 | 3.45% |
| Dec 31, 2024 | 2.80% |
| Sep 30, 2024 | 2.45% |