Waystar Holding (WAY) Return on Invested Capital [ROIC] (2024 - 2026)
Waystar Holding (WAY) reported Return on Invested Capital [ROIC] of 3.51% for Q2 2026, up 0.44 percentage points from 3.07% a year earlier and up 0.16 percentage points from the prior quarter.
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Analysis
Waystar Holding (WAY) Return on Invested Capital [ROIC] (2024 - 2026) Analysis & Trends
For FY2025, Waystar Holding posted Return on Invested Capital [ROIC] of 3.37%, up 0.92 percentage points from FY2024.
- By year, Return on Invested Capital [ROIC] came in at 2.45% in FY2024.
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 1.88% in Q3 2024 and a high of 3.63% in Q3 2025.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last four quarters, with an average year-over-year change of +1.10 percentage points over the last four quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.35% (Q1 2026), 3.32% (Q4 2025) and 3.63% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 44.24 Bn | 16.49 Bn | 695.95 Mn | - |
| 3 | Samsara | 24.06 Bn | 20.83 Bn | 392.58 Mn | - |
| 4 | Toast | 17.18 Bn | 9.85 Bn | 516.00 Mn | - |
| 5 | Ptc | 15.95 Bn | 14.76 Bn | 490.47 Mn | 24.21% |
| 6 | Duolingo | 13.49 Bn | 8.67 Bn | 216.74 Mn | - |
| 7 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 9.44% |
| 8 | Manhattan Associates | 11.90 Bn | 10.90 Bn | 168.33 Mn | - |
| 9 | Costar | 11.09 Bn | 5.06 Bn | 728.00 Mn | 0.63% |
| 10 | Waystar Holding | 4.76 Bn | 3.90 Bn | 221.99 Mn | 3.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.51% |
| Mar 31, 2026 | 3.35% |
| Dec 31, 2025 | 3.32% |
| Sep 30, 2025 | 3.63% |
| Jun 30, 2025 | 3.07% |
| Mar 31, 2025 | 2.02% |
| Dec 31, 2024 | 2.44% |
| Sep 30, 2024 | 1.88% |
API Access
Waystar Holding Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=WAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "WAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=WAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();