Waystar Effective Tax Rate from 2010 to 2024

WAY Stock   30.96  0.29  0.93%   
Waystar Holding Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. During the period from 2010 to 2024, Waystar Holding Effective Tax Rate regression line of annual values had r-squared of  0.38 and arithmetic mean of  0.28. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.19582041
Current Value
0.26
Quarterly Volatility
0.0309713
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Waystar Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Waystar Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 196.4 M, Interest Expense of 179 M or Selling General Administrative of 53.7 M, as well as many indicators such as Price To Sales Ratio of 5.58, Dividend Yield of 0.0 or PTB Ratio of 1.32. Waystar financial statements analysis is a perfect complement when working with Waystar Holding Valuation or Volatility modules.
  
Check out the analysis of Waystar Holding Correlation against competitors.

Latest Waystar Holding's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Waystar Holding Corp over the last few years. Effective Tax Rate is the average rate at which Waystar Holding Corp pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Waystar Holding total tax expenses by Waystar Holding earnings before taxes. It is Waystar Holding's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Waystar Holding's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Waystar Effective Tax Rate Regression Statistics

Arithmetic Mean0.28
Geometric Mean0.28
Coefficient Of Variation11.07
Mean Deviation0.02
Median0.29
Standard Deviation0.03
Sample Variance0.001
Range0.0978
R-Value(0.62)
Mean Square Error0.0006
R-Squared0.38
Significance0.01
Slope(0)
Total Sum of Squares0.01

Waystar Effective Tax Rate History

2024 0.26
2023 0.2
2022 0.22

About Waystar Holding Financial Statements

Waystar Holding investors use historical fundamental indicators, such as Waystar Holding's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Waystar Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.20  0.26 

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Additional Tools for Waystar Stock Analysis

When running Waystar Holding's price analysis, check to measure Waystar Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waystar Holding is operating at the current time. Most of Waystar Holding's value examination focuses on studying past and present price action to predict the probability of Waystar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waystar Holding's price. Additionally, you may evaluate how the addition of Waystar Holding to your portfolios can decrease your overall portfolio volatility.