Waystar HoldingWAY -0.08%16 Pretax Margin % is 19.06% as of Mar. 2026. GuruFocus rates WAY with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 668 Healthcare Providers & Services companies, Waystar Holding ranks better than 83.38% on this metric.
The historical rank and industry rank for Waystar Holding's Pretax Margin % or its related term are showing as below:
WAY'
s Pretax Margin % Range Over the Past 10 Years
Min: -11.53 Med: -8.07 Max: 16.02
Current: 16.02
WAY's Pretax Margin % is ranked better than 83.38% of 668
companies
in the Healthcare Providers & Services industry
Industry Median: 3.97
vs WAY: 16.02
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Waystar Holding Pretax Margin % Related Terms
Waystar Holding Pretax Margin % Historical Data
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The historical data trend for Waystar Holding's Pretax Margin % 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.
WAY vs DOCS, TXG, HNGE: Pretax Margin % Comparison
For the Health Information Services subindustry, Waystar Holding's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Waystar Holding's Pretax Margin % falls into.
* 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 (WAY) has a Pretax Margin % of 19.06% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Waystar Holding and its competitors. According to the industry distribution chart, Waystar Holding ranks #111 out of 668 companies in the Healthcare Providers & Services industry, placing it in the top 16.6%.
Is Waystar Holding's Pretax Margin % too high?
Waystar Holding's current Pretax Margin % is 19.06%. The Healthcare Providers & Services industry median Pretax Margin % is 3.97. Waystar Holding's value of 19.06% is 380.1% above this industry median. Based on the distribution chart, Waystar Holding ranks #111 out of 668 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 Pretax Margin % compare to DOCS and TXG?
According to the Healthcare Providers & Services industry distribution chart, Waystar Holding ranks #111 out of 668 companies for Pretax Margin %. This places Waystar Holding in the top 17% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.97. Waystar Holding's value of 19.06% is 380.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Healthcare Providers & Services company?
The median Pretax Margin % among Healthcare Providers & Services companies is 3.97, based on 668 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waystar Holding's current Pretax Margin % of 19.06% is 380.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Waystar Holding and its competitors. For the Healthcare Providers & Services industry, the median Pretax Margin % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waystar Holding's current Pretax Margin % is 19.06%. 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 Pretax Margin % of 19.06%. The current Pretax Margin % is 19.06% and 380.1% above the Healthcare Providers & Services industry median of 3.97. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Waystar Holding (WAY), the current Pretax Margin % is 19.06% as of Mar. 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 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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