WAY (Waystar Holding) Moat Score: 5/10 (As of Jun. 27, 2026)


WAY Waystar Holding Corp WAY
16 GF Score
Price $19.86
! 2 Warning Signs
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What is Waystar Holding Moat Score?

Waystar Holding WAY +4.90% 16 Moat Score is 5 as of Jun. 27, 2026. GuruFocus rates WAY with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 681 Healthcare Providers & Services companies, Waystar Holding ranks better than 96.04% on this metric.

Waystar Holding has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Waystar Holding has Narrow Moat: Waystar Holding Corp has a solid narrow moat, driven by its network effects and customer switching costs in the healthcare technology sector. However, it lacks the extensive regulatory barriers and brand strength needed for a wider moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Waystar Holding might have Narrow Moat - Solid narrow moat.

Waystar Holding  (NAS:WAY) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Waystar Holding Moat Score Related Terms

WAY vs DOCS, TXG, HNGE: Moat Score Comparison

For the Health Information Services subindustry, Waystar Holding's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's Moat Score distribution charts can be found below:

* The bar in red indicates where Waystar Holding's Moat Score falls into.


WAY
16GF Score
Waystar Holding Corp WAY
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Waystar Holding (WAY) has a Moat Score of 5 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Waystar Holding ranks #27 out of 681 companies in the Healthcare Providers & Services industry, placing it in the top 4%.
Is Waystar Holding's Moat Score too high?
Waystar Holding's current Moat Score is 5. Based on the distribution chart, Waystar Holding ranks #27 out of 681 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Waystar Holding has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Waystar Holding's Moat Score compare to DOCS and TXG?
According to the Healthcare Providers & Services industry distribution chart, Waystar Holding ranks #27 out of 681 companies for Moat Score. This places Waystar Holding in the top 4% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Healthcare Providers & Services company?
A good Moat Score depends on the Healthcare Providers & Services industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Waystar Holding's current Moat Score is 5. 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 Moat Score of 5. The current Moat Score is 5. Waystar Holding's overall GF Score™ is 16/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Waystar Holding (WAY), the current Moat Score is 5 as of Jun. 27, 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.
16GF Score

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

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