WAY (Waystar Holding) EV-to-EBIT: 21.03 (As of Jul. 20, 2026) — 43% Below Median

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WAY Waystar Holding Corp WAY
14 GF Score
Price $22.09
! 3 Warning Signs
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What is Waystar Holding EV-to-EBIT?

Waystar Holding WAY -0.85% 14 EV-to-EBIT is 21.03 as of Jul. 20, 2026, which is 43% below its 10-year median of 37.05. GuruFocus rates WAY with a GF Score™ of 14/100. The stock has 3 warning signs investors should review. Among 468 Healthcare Providers & Services companies, Waystar Holding ranks worse than 64.53% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Waystar Holding's Enterprise Value is $5,564 Mil. Waystar Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $265 Mil. Therefore, Waystar Holding's EV-to-EBIT for today is 21.03.

The historical rank and industry rank for Waystar Holding's EV-to-EBIT or its related term are showing as below:

WAY' s EV-to-EBIT Range Over the Past 10 Years
Min: 18.24   Med: 37.05   Max: 72.22
Current: 21.03

During the past 5 years, the highest EV-to-EBIT of Waystar Holding was 72.22. The lowest was 18.24. And the median was 37.05.

WAY's EV-to-EBIT is ranked worse than
64.53% of 468 companies
in the Healthcare Providers & Services industry
Industry Median: 15.86 vs WAY: 21.03

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Waystar Holding's Enterprise Value for the quarter that ended in Mar. 2026 was $5,949 Mil. Waystar Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $265 Mil. Waystar Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.45%.


Waystar Holding  (NAS:WAY) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Waystar Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=264.561/5948.82435
=4.45 %

Waystar Holding's Enterprise Value for the quarter that ended in Mar. 2026 was $5,949 Mil.
Waystar Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $265 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 EV-to-EBIT Related Terms


Waystar Holding EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Waystar Holding's EV-to-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.

Waystar Holding EV-to-EBIT Chart

Waystar Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
0.00 0.00 0.00 59.79 30.80

Waystar Holding Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.61 38.18 30.63 30.80 22.49

WAY vs DOCS, PRVA, HTFL: EV-to-EBIT Comparison

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 EV-to-EBIT vs 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.


WAY
14GF Score
Waystar Holding Corp WAY
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Waystar Holding EV-to-EBIT Calculation

Waystar Holding's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5564.446/264.561
=21.03

Waystar Holding's current Enterprise Value is $5,564 Mil.
Waystar Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $265 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 21.03 mean?
Waystar Holding (WAY) has a EV-to-EBIT of 21.03 as of Jul. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Waystar Holding and its competitors. This is 43% below median its historical median of 37.05. Over the past decade, Waystar Holding's EV-to-EBIT has ranged from 18.24 to 72.22. According to the industry distribution chart, Waystar Holding ranks #302 out of 468 companies in the Healthcare Providers & Services industry, placing it in the top 64.5%.
Is Waystar Holding's EV-to-EBIT too high?
Waystar Holding's current EV-to-EBIT of 21.03 is 43% below median its 10-year median of 37.05. Over the past 10 years, this metric has ranged from a low of 18.24 to a high of 72.22. The Healthcare Providers & Services industry median EV-to-EBIT is 15.86. Waystar Holding's value of 21.03 is 32.6% above this industry median. Based on the distribution chart, Waystar Holding ranks #302 out of 468 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Waystar Holding has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Waystar Holding's EV-to-EBIT compare to DOCS and PRVA?
According to the Healthcare Providers & Services industry distribution chart, Waystar Holding ranks #302 out of 468 companies for EV-to-EBIT. This places Waystar Holding in the lower half of its industry. The industry median EV-to-EBIT is 15.86. Waystar Holding's value of 21.03 is 32.6% above this benchmark. Historically, Waystar Holding's own EV-to-EBIT has ranged from 18.24 to 72.22 over the past decade. While the company's 10-year median is 37.05 vs. the industry median of 15.86, Waystar Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Healthcare Providers & Services company?
The median EV-to-EBIT among Healthcare Providers & Services companies is 15.86, based on 468 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waystar Holding's current EV-to-EBIT of 21.03 is 32.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Waystar Holding and its competitors. For the Healthcare Providers & Services industry, the median EV-to-EBIT is 15.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waystar Holding's current EV-to-EBIT is 21.03, which is 43% below median its own 10-year median of 37.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waystar Holding stock overvalued right now?
Waystar Holding (WAY) has a current EV-to-EBIT of 21.03. The current EV-to-EBIT is 21.03, which is 43% below median its 10-year median of 37.05 and 32.6% above the Healthcare Providers & Services industry median of 15.86. Waystar Holding's overall GF Score™ is 14/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Waystar Holding (WAY), the current EV-to-EBIT is 21.03 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Waystar Holding Business Description

Other Exchanges T8Z:Germany
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 transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for solutions extends throughout the United States and includes Puerto Rico and other USA Territories.
14GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.09
Price