Workday Inc (WDAY)

Operating return on assets (Operating ROA)

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020
Operating income (ttm) US$ in thousands 415,000 418,688 341,688 266,688 182,688 15,042 -99,279 -169,357 -222,200 -234,204 -183,938 -150,980 -116,450 -88,799 -126,821 -142,455 -248,599 -321,385 -417,558 -523,301
Total assets US$ in thousands 17,977,000 16,424,000 16,234,000 15,941,000 16,452,000 13,925,900 13,735,300 13,252,800 13,486,000 12,389,800 13,249,600 12,799,100 10,498,500 9,440,880 9,113,840 8,624,010 8,718,410 7,845,030 7,501,450 7,227,500
Operating ROA 2.31% 2.55% 2.10% 1.67% 1.11% 0.11% -0.72% -1.28% -1.65% -1.89% -1.39% -1.18% -1.11% -0.94% -1.39% -1.65% -2.85% -4.10% -5.57% -7.24%

January 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $415,000K ÷ $17,977,000K
= 2.31%

Workday Inc's operating return on assets (ROA) has shown a fluctuating trend over the period from April 2020 to January 2025. The negative operating ROA figures, ranging from -7.24% to -0.94% between April 2020 and October 2021, indicate that the company was not generating sufficient operating income relative to its total assets during this period.

However, starting from January 2022, there was a slight improvement in operating ROA, with the figures fluctuating between -1.11% and 2.55% up to January 2025. The positive values from October 2023 onwards suggest that Workday Inc began to generate a higher operating income in relation to its assets, indicating a more efficient utilization of resources.

Overall, the increasing trend in operating ROA from October 2023 to January 2025 indicates that Workday Inc improved its operational efficiency and is generating a higher return on its assets during this period, which could be a positive indicator for potential investors and stakeholders.