Market cap
$359 Mln
Revenue (TTM)
$4,439 Mln
P/E Ratio
4.5
P/B Ratio
0.5
Div. Yield
6 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -11.28 | 63.82 | 57.38 | 17.18 | 6.39 |
| EBIT | -- | -- | 102.49 | -8.95 | 22.22 |
| Net Profit | -38.78 | -12.71 | 35.89 | 0.23 | 21.14 |
| EPS | -38.56 | 809.27 | 123.70 | 78.12 | 37.72 |
| Book Value | -- | -- | 7.26 | 128.11 | 69.67 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 5.16 | -5.11 | 0.00 | 9.32 | 6.43 |
| Net Margin
| -- | -- | 12.53 | -- | -- |
| Return on equity
| 7.51 | -1.51 | 10.94 | 11.12 | 7.83 |
| Return on Capital
| 7.25 | -1.54 | -- | 10.78 | 7.48 |
| Return on Assets
| 5.59 | -0.80 | 6.13 | 8.16 | 5.83 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.01 | 0.05 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
--
|
10.78
|
7.48
|
3.50
|
13.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
10.94
Lower than Peers by 0.52
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
10.94
|
11.12
|
7.83
|
3.58
|
13.91
|
|
Peer Median
|
11.46
|
--
|
--
|
--
|
--
|
ROA
6.13
Higher than Peers by 5.38
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
6.13
|
8.16
|
5.83
|
2.77
|
10.88
|
|
Peer Median
|
0.76
|
--
|
--
|
--
|
--
|
EBIT Margin
--
--
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
--
|
9.32
|
6.43
|
-0.26
|
17.06
|
|
Peer Median
|
11.30
|
--
|
--
|
--
|
--
|
Net Margin
12.53
Higher than Peers by 5.61
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
12.53
|
14.30
|
13.26
|
6.36
|
21.69
|
|
Peer Median
|
6.92
|
--
|
--
|
--
|
--
|
Revenue Growth
57.38
Higher than Peers by 49.28
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
57.38
|
0.40
|
0.05
|
-0.06
|
-0.13
|
|
Peer Median
|
8.10
|
--
|
--
|
--
|
--
|
EBIT Growth
--
--
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
--
|
102.49
|
2,742.12
|
-101.41
|
125.66
|
|
Peer Median
|
11.73
|
--
|
--
|
--
|
--
|
Net Profit Growth
35.89
Higher than Peers by 18.15
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
35.89
|
50.59
|
119.78
|
-72.48
|
138.61
|
|
Peer Median
|
17.74
|
--
|
--
|
--
|
--
|
EPS Growth
123.70
Higher than Peers by 103.97
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
123.70
|
0.50
|
1.24
|
1.97
|
1.04
|
|
Peer Median
|
19.73
|
--
|
--
|
--
|
--
|
Book Value Growth
954.98
Higher than Peers by 941.39
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
954.98
|
--
|
--
|
--
|
--
|
|
Peer Median
|
13.59
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
--
|
0.01
|
0.05
|
0.04
|
0.00
|
|
Peer Median
|
0.55
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.06
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
0.06
|
0.01
|
0.05
|
0.04
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.95
Lower than Peers by 0.81
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
1.95
|
2.10
|
3.12
|
3.96
|
5.07
|
|
Peer Median
|
2.76
|
--
|
--
|
--
|
--
|
Quick Ratio
1.95
Lower than Peers by 1.52
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
1.95
|
--
|
--
|
3.96
|
5.07
|
|
Peer Median
|
3.47
|
--
|
--
|
--
|
--
|
Interest Coverage
--
--
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
--
|
--
|
--
|
--
|
5.85
|
|
Peer Median
|
5.63
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
60.62
Higher than Peers by 14.41
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
60.62
|
53.47
|
48.19
|
48.12
|
40.18
|
|
Peer Median
|
46.21
|
--
|
--
|
--
|
--
|
Asset Turnover
0.49
Higher than Peers by 0.35
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
0.49
|
0.57
|
0.44
|
0.44
|
0.50
|
|
Peer Median
|
0.14
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
--
|
160.69
|
171.41
|
166.04
|
152.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
--
|
--
|
--
|
--
|
91.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
--
|
118.08
|
156.87
|
127.65
|
164.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
--
|
--
|
14.55
|
38.40
|
79.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
4.55
Lower than Peers by 13.78
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
4.55
|
0.13
|
0.12
|
0.23
|
2.23
|
|
Peer Median
|
18.33
|
--
|
--
|
--
|
--
|
Price / Book Value
0.47
Lower than Peers by 1.45
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
0.47
|
0.01
|
0.01
|
0.01
|
0.28
|
|
Peer Median
|
1.92
|
--
|
--
|
--
|
--
|
Dividend Yield
6.00
Higher than Peers by 4.74
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
6.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.26
|
--
|
--
|
--
|
--
|
EV/EBITDA
4.86
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
4.86
|
-4.06
|
-12.06
|
-463.38
|
-4.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
359
Lower than Peers by 1,036
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Waterdrop Inc (WDH)
|
359
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,395
|
--
|
--
|
--
|
--
|