Waitr Holdings Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Waitr Holdings Inc (WTRH) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Waitr Holdings Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 63M vs 72,288M combined for its competitors (0.1% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+147.0% annualized vs trailing 12 months), vs decelerating (-60.8%) for its tracked peer group.
- Growth: Waitr Holdings Inc generated -17.5% revenue growth year over year in Q3 2021, vs 121.5% for its competitors combined.
- Profitability: Its -21.0% net margin compares with 10.2% for the peer group.
- Peer revenue share: Waitr Holdings Inc accounted for 0.5% of combined revenue among its tracked peer group, down from 1.4% a year earlier.
- Peer differentiation: Revenue per employee of $0.31M compares with $1.11M for the peer group (0.3x).
- Structure: Waitr Holdings Inc operates in the following segments: Online Ordering Services, Third-Party Payment Processing Referral Services.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
WTRH Sales vs. its Competitors, Q3 2021
Waitr Holdings Inc reported revenue contraction of 17.50 % year on year in Q3 2021, below its competitors' combined revenue growth of 121.46 %.
With a net margin of -21.03 %, Waitr Holdings Inc reported lower profitability than its competitors (10.23 %).
Waitr Holdings Inc generated 0.54 % of the combined sales of its peer group, down from 1.44 % a year earlier.
API endpoints for this dataset
Waitr Holdings Inc vs. its Competitors, Q3 2021
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Waitr Holdings Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Waitr Holdings Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Waitr Holdings Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Waitr Holdings Inc's competitor groups requires a Commercial License.
For context: the Professional Services industry grew revenue 7.1% year over year, combined, vs -17.5% for Waitr Holdings Inc. Waitr Holdings Inc's share of combined industry revenue moved from 0.01% to 0.01%, a gain of 0.00 percentage points.
Waitr Holdings Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Waitr Holdings Inc | - | No | No | Yes |
| Competitors combined (2) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
WTRH Stock Performance relative to its Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Doordash Inc | 282.9% | Outperformed |
| 2 | Uber Technologies Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Waitr Holdings Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Waitr Holdings Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Waitr Holdings Inc |
1.26 | 62.58 |
 Uber Technologies Inc |
140,624.93 | 55,227.00 |
 Doordash Inc |
79,111.22 | 17,061.00 |
| SUBTOTAL | 219,737.41 | 72,350.58 |
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Waitr Holdings Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Waitr Holdings Inc's Competitors Named by the Company
Competitive relationships identified from Waitr Holdings Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Grubhub Inc | Company report | 85% |
| Uber Technologies Inc | Company report | 85% |
| Doordash Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Waitr Holdings Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Waitr Holdings Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Waitr Holdings Inc | Online Ordering Services 74.98 % |
| Uber Technologies Inc | Mobility 50.93 % |
| Doordash Inc | Reportable 100.00 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Waitr Holdings Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Waitr Holdings Inc | 1 | 312,920 | -350,330 |
| Uber Technologies Inc | 140,625 | 1,624,324 | 284,324 |
| Doordash Inc | 79,111 | 543,344 | 33,790 |
| PEERS TOTAL | 219,736 | 1,105,321 | 164,037 |
Waitr Holdings Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Uber Technologies Inc | United States and Canada 52.92 % |
| Doordash Inc | United States 78.40 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Waitr Holdings Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Professional Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (291 companies). See the full Professional Services industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.00 % | 33.12 % (avg) | -33.1 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | -94.61 % | 5.60 % (avg) | -100.2 pp |
| Capital Intensity (Capex / Revenue) | 1.86 % | 4.36 % (avg) | -2.5 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Waitr Holdings Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Revenue Growth | - | 6.60 % | -10.83 % | -38.64 % |
| Operating Margin | -146.76 % | 13.30 % | -4.16 % | - |
| Return on Invested Capital | -69.56 % | 12.34 % | -2.33 % | -165.98 % |
| P/E | - | 24.7x | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Waitr Holdings Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 1.86 % vs industry average 4.36 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Waitr Holdings Inc's dedicated Suppliers and Customers pages, not here.
Waitr Holdings Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Waitr Holdings Inc falls in the Low attractiveness / Low strength cell: Harvest / Divest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Waitr Holdings Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+147.0% annualized vs trailing 12 months).
Weaknesses
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- A meaningful share of competitors (50.00 %) show financial-distress signals, a possible opening to gain share.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-60.8% annualized).
Methodology: see Methodology: SWOT Analysis.
Waitr Holdings Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Waitr Holdings Inc | 0.13 | 0.29 | - |
| Uber Technologies Inc | 0.54 | 1.04 | 0.42 |
| Doordash Inc | 0.75 | 1.42 | 0.27 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Waitr Holdings Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Waitr Holdings Inc | Q4 2021 | -54.3 % | - |
| Uber Technologies Inc | Q2 2026 | +12.2 % | +79.0 % |
| Doordash Inc | Q3 2026 | +34.0 % | +91.8 % |
| PEERS TOTAL | +16.7 % | +89.3 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Waitr Holdings Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Waitr Holdings Inc | Q4 2021 | - | -99.9 % |
| Uber Technologies Inc | Q2 2026 | +2.7 % | -21.3 % |
| Doordash Inc | Q3 2026 | +28.7 % | +39.9 % |
Waitr Holdings Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Waitr Holdings Inc | - | - | - |
| Uber Technologies Inc | 15.42% | 18.91% | 34.91% |
| Doordash Inc | 5.34% | 7.88% | 10.38% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Waitr Holdings Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Waitr Holdings Inc | - | 0.02 |
| Uber Technologies Inc | 15.07 | 2.55 |
| Doordash Inc | 74.24 | 4.64 |
| PEERS AVERAGE | 20.62 | 3.04 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.