A steel riser has benefits over a flexible riser in terms of pressure rating and cost. A steel riser in lazy wave configuration (steel lazy wave riser (SLWR)) is often considered as a good alternative solution for harsh environments where large floater excursions take place. The SLWR configuration is achieved by introducing buoyancy modules into a steel catenary riser (SCR). The buoyancy modules act as a damper and isolate the floater motions from the critical touchdown area. Hence, the SLWR generally has better overall performance than an SCR configuration. This paper attempts to analyze the correlation between the geometric shapes of the SLWR configuration with its capability to absorb the dynamic loadings. For deepwater cases, the behavior of the bottom part of the riser is correlated with the velocity experiences at the riser's hang-off location. Hence, the riser's performance is analyzed by comparing the velocity at the riser's hang-off with the velocity at the sag, hog, and near touchdown. The geometric shape of an SLWR is represented by its arch height, which is the vertical distance between the lowest point at the sag and the highest point at the hog bend of a riser. The results show that there is a correlation between the arch height of an SLWR with the riser's strength and wave-induced fatigue performance. SLWR configurations with higher arch generally have greater capability to absorb the dynamic loadings, as indicated by the lower velocities along the riser, which leads to lower stress utilizations and lower fatigue damage.