Workday Inc (WDAY)
Pretax margin
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 638,000 | 356,000 | -259,950 | 16,182 | -275,134 |
| Revenue | US$ in thousands | 8,440,000 | 7,151,000 | 6,112,720 | 5,144,470 | 4,250,860 |
| Pretax margin | 7.56% | 4.98% | -4.25% | 0.31% | -6.47% |
January 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $638,000K ÷ $8,440,000K
= 7.56%
Workday Inc's pretax margin has shown fluctuations over the past five years. In January 2021, the company reported a negative pretax margin of -6.47%, indicating that the company's pre-tax income was lower than its total revenue during that period. By January 2022, the pretax margin improved slightly to 0.31%, indicating a small profit before taxes.
However, in the following year, January 2023, the pretax margin declined to -4.25%, indicating another period of negative pre-tax income. The trend reversed in January 2024, with a notable increase in pretax margin to 4.98%, signaling improved profitability before taxes.
The most recent data from January 31, 2025, shows a further increase in the pretax margin to 7.56%, suggesting that Workday Inc has continued to enhance its profitability. Overall, the company has experienced a mix of negative and positive pretax margins over the years, with a recent positive trend indicating improved financial performance.
Peer comparison
Jan 31, 2025