GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Waystar Holding Corp (NAS:WAY) » Definitions » EBIT

WAY (Waystar Holding) EBIT : $123.7 Mil (TTM As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Waystar Holding EBIT?

Waystar Holding's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $53.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $123.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Waystar Holding's annualized ROC % for the quarter that ended in Dec. 2024 was 2.84%. Waystar Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 181.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Waystar Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 1.73%.


Waystar Holding EBIT Historical Data

The historical data trend for Waystar Holding's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Waystar Holding EBIT Chart

Waystar Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24
EBIT
60.32 89.45 142.08 123.73

Waystar Holding Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 37.69 35.19 8.25 27.15 53.14

Competitive Comparison of Waystar Holding's EBIT

For the Health Information Services subindustry, Waystar Holding's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Waystar Holding's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Waystar Holding's EV-to-EBIT falls into.



Waystar Holding EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $123.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Waystar Holding  (NAS:WAY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Waystar Holding's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=212.572 * ( 1 - 42.28% )/( (4336.969 + 4309.517)/ 2 )
=122.6965584/4323.243
=2.84 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4540.547 - 76.453 - ( 127.125 - max(0, 133.109 - 305.433+127.125))
=4336.969

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4577.004 - 85.354 - ( 182.133 - max(0, 145.633 - 371.041+182.133))
=4309.517

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Waystar Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=212.572/( ( (58.231 + max(59.818, 0)) + (57.551 + max(58.6, 0)) )/ 2 )
=212.572/( ( 118.049 + 116.151 )/ 2 )
=212.572/117.1
=181.53 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(137.893 + 0 + 35.831) - (76.453 + 10.201 + 27.252)
=59.818

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(145.235 + 0 + 40.835) - (85.354 + 10.527 + 31.589)
=58.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Waystar Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=123.725/7152.870
=1.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Waystar Holding EBIT Related Terms

Thank you for viewing the detailed overview of Waystar Holding's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Waystar Holding Business Description

Traded in Other Exchanges
N/A
Address
1550 Digital Drive, Suite 300, Lehi, UT, USA, 84043
Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in better transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for our solutions extends throughout the United States and includes Puerto Rico and other US Territories.