Waystar Holding Corp.WAY
NasdaqGS•Healthcare•Health Information Services
Understand cash generation quality and how management allocates capital.
Free cash flow was $69.59M in the latest quarter (18.3% increase YoY). FCF margin is 6.0%. Shares outstanding increased by 11.3% year-over-year, indicating dilution (potentially from stock compensation or capital raises). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation