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
DateValue
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%