Waterdrop Inc. (WDH)
NYSE: WDH · Real-Time Price · USD
1.120
-0.020 (-1.75%)
Jul 31, 2026, 4:00 PM EDT - Market closed

Waterdrop Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,4663,9782,7722,6312,8023,206
Revenue Growth
58.33%43.51%5.36%-6.11%-12.61%5.88%
Operating Income
374.92370.86178.16-6.74477.99-1,863
Net Income
559.11568.94367.51167.22607.72-1,726
Earnings Per Share
1.501.501.000.401.50-5.80
EPS Growth
36.36%50.00%150.00%-73.33%--

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Insurance
4,0643,5772,3642,3412,3643,071
Crowd Funding
255.23261.64267.65162.68267.65-
Others
146.71139.56140.39127.11140.39134.91
Total
4,4663,9782,7722,6312,7723,206

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Equivalents
751.94483986.32396.911,574817.72
Total Debt
20.7823.5345.5460.214.0658.59
Net Cash (Debt)
-20.78-23.53-45.54-60.2-14.06-58.59
Net Cash Growth
------
Net Cash Per Share
-0.06-0.06-0.12-0.16-0.03-0.20

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
243.92243.92437.25406.52765.71-1,097
Capital Expenditures
-29.63-29.63-218.42-13.52-11.88-35.66
Free Cash Flow
214.29214.29218.84392.99753.82-1,132
Free Cash Flow Growth
--2.08%-44.32%-47.87%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
8.39%9.32%6.43%-0.26%17.06%-58.11%
Pretax Margin
11.94%13.66%13.01%6.24%22.51%-55.99%
Profit Margin
12.52%14.21%12.66%6.22%21.69%-49.10%
FCF Margin
0.00%5.39%7.89%14.94%26.91%-35.32%

Dividends

Fiscal YearCurrentFY 2025FY 2024
Period EndingAug '26 Dec '25 Dec '24
Dividend Per Share
0.0600.4200.146
Dividend Per Share Growth
50.00%187.47%-
Dividend Yield
5.36%2.71%5.05%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
5.158.868.6118.4015.31-
Forward PE
6.128.827.807.7818.87-
P/FCF Ratio
12.6822.3914.276.9311.91-
PS Ratio
0.621.211.131.043.2110.79