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Side-by-side financial comparison of Okeanis Eco Tankers Corp. (ECO) and Waystar Holding Corp. (WAY). Click either name above to swap in a different company.

Okeanis Eco Tankers Corp. is the larger business by last-quarter revenue ($393.2M vs $313.9M, roughly 1.3× Waystar Holding Corp.). Over the past eight quarters, Okeanis Eco Tankers Corp.'s revenue compounded faster (20.5% CAGR vs 15.7%).

Okeanis Eco Tankers Corp. is a global shipping enterprise specializing in the operation of eco-friendly tanker fleets. Its core business covers maritime transport of crude oil and refined petroleum products, serving major energy and commodity clients across key international trade routes, with a focus on cutting carbon emissions via energy-efficient vessel designs.

Waystar Holding Corp is a leading provider of integrated healthcare payment and revenue cycle management solutions. It serves healthcare providers, health systems, and payers across the United States, offering tools that streamline billing, claims processing, patient payment collection, and revenue optimization to reduce administrative burdens and improve financial performance for healthcare organizations.

ECO vs WAY — Head-to-Head

Bigger by revenue
ECO
ECO
1.3× larger
ECO
$393.2M
$313.9M
WAY
Faster 2-yr revenue CAGR
ECO
ECO
Annualised
ECO
20.5%
15.7%
WAY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ECO
ECO
WAY
WAY
Revenue
$393.2M
$313.9M
Net Profit
$43.3M
Gross Margin
Operating Margin
41.4%
25.6%
Net Margin
13.8%
Revenue YoY
22.4%
Net Profit YoY
47.9%
EPS (diluted)
$0.42

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ECO
ECO
WAY
WAY
Q1 26
$313.9M
Q4 25
$393.2M
$303.5M
Q3 25
$308.0M
$268.7M
Q2 25
$-49.0M
$270.7M
Q1 25
$111.1M
$256.4M
Q4 24
$413.1M
$244.1M
Q3 24
$321.4M
$240.1M
Q2 24
$232.4M
$234.5M
Net Profit
ECO
ECO
WAY
WAY
Q1 26
$43.3M
Q4 25
$20.0M
Q3 25
$30.6M
Q2 25
$32.2M
Q1 25
$29.3M
Q4 24
$19.1M
Q3 24
$5.4M
Q2 24
$-27.7M
Operating Margin
ECO
ECO
WAY
WAY
Q1 26
25.6%
Q4 25
41.4%
19.4%
Q3 25
44.2%
22.4%
Q2 25
101.1%
24.0%
Q1 25
49.6%
25.4%
Q4 24
48.7%
21.8%
Q3 24
52.0%
11.3%
Q2 24
56.7%
3.5%
Net Margin
ECO
ECO
WAY
WAY
Q1 26
13.8%
Q4 25
6.6%
Q3 25
11.4%
Q2 25
11.9%
Q1 25
11.4%
Q4 24
7.8%
Q3 24
2.3%
Q2 24
-11.8%
EPS (diluted)
ECO
ECO
WAY
WAY
Q1 26
$0.42
Q4 25
$0.10
Q3 25
$0.17
Q2 25
$0.18
Q1 25
$0.16
Q4 24
$0.18
Q3 24
$0.03
Q2 24
$-0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECO
ECO
WAY
WAY
Cash + ST InvestmentsLiquidity on hand
$116.6M
$34.3M
Total DebtLower is stronger
$13.5M
Stockholders' EquityBook value
$573.1M
$3.9B
Total Assets
$1.2B
$5.8B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECO
ECO
WAY
WAY
Q1 26
$34.3M
Q4 25
$116.6M
$61.4M
Q3 25
$421.1M
Q2 25
$59.8M
$290.3M
Q1 25
$224.0M
Q4 24
$49.3M
$182.1M
Q3 24
$127.1M
Q2 24
$92.8M
$68.4M
Total Debt
ECO
ECO
WAY
WAY
Q1 26
$13.5M
Q4 25
$1.5B
Q3 25
Q2 25
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Stockholders' Equity
ECO
ECO
WAY
WAY
Q1 26
$3.9B
Q4 25
$573.1M
$3.9B
Q3 25
$3.2B
Q2 25
$428.3M
$3.2B
Q1 25
$3.1B
Q4 24
$410.4M
$3.1B
Q3 24
$3.1B
Q2 24
$432.6M
$2.9B
Total Assets
ECO
ECO
WAY
WAY
Q1 26
$5.8B
Q4 25
$1.2B
$5.8B
Q3 25
$4.7B
Q2 25
$1.1B
$4.7B
Q1 25
$4.6B
Q4 24
$1.1B
$4.6B
Q3 24
$4.5B
Q2 24
$1.1B
$4.6B
Debt / Equity
ECO
ECO
WAY
WAY
Q1 26
0.00×
Q4 25
0.38×
Q3 25
Q2 25
Q1 25
Q4 24
0.40×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECO
ECO
WAY
WAY
Operating Cash FlowLast quarter
$111.3M
$84.9M
Free Cash FlowOCF − Capex
$90.3M
FCF MarginFCF / Revenue
28.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.96×
TTM Free Cash FlowTrailing 4 quarters
$314.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECO
ECO
WAY
WAY
Q1 26
$84.9M
Q4 25
$111.3M
$66.6M
Q3 25
$132.2M
$82.0M
Q2 25
$96.8M
Q1 25
$64.2M
Q4 24
$162.8M
Q3 24
$78.8M
Q2 24
$15.4M
Free Cash Flow
ECO
ECO
WAY
WAY
Q1 26
$90.3M
Q4 25
$57.2M
Q3 25
$76.2M
Q2 25
$91.0M
Q1 25
$58.8M
Q4 24
Q3 24
$70.2M
Q2 24
$8.6M
FCF Margin
ECO
ECO
WAY
WAY
Q1 26
28.8%
Q4 25
18.9%
Q3 25
28.3%
Q2 25
33.6%
Q1 25
22.9%
Q4 24
Q3 24
29.2%
Q2 24
3.7%
Capex Intensity
ECO
ECO
WAY
WAY
Q1 26
Q4 25
3.1%
Q3 25
2.2%
Q2 25
2.1%
Q1 25
2.1%
Q4 24
Q3 24
3.6%
Q2 24
2.9%
Cash Conversion
ECO
ECO
WAY
WAY
Q1 26
1.96×
Q4 25
3.33×
Q3 25
2.68×
Q2 25
3.01×
Q1 25
2.20×
Q4 24
Q3 24
14.56×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ECO
ECO

Segment breakdown not available.

WAY
WAY

Subscription$172.2M55%
Volume-based$139.5M44%

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