Workday Inc (WDAY)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 526,000 | 1,620,500 | 1,541,500 | 1,488,500 | 1,381,500 | 67,303 | -121,418 | -264,576 | -366,749 | -314,305 | -196,172 | -26,278 | 29,373 | 30,919 | -36,833 | -170,585 | -282,431 | -338,682 | -430,071 | -522,767 |
| 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 |
| ROA | 2.93% | 9.87% | 9.50% | 9.34% | 8.40% | 0.48% | -0.88% | -2.00% | -2.72% | -2.54% | -1.48% | -0.21% | 0.28% | 0.33% | -0.40% | -1.98% | -3.24% | -4.32% | -5.73% | -7.23% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $526,000K ÷ $17,977,000K
= 2.93%
Workday Inc's return on assets (ROA) has shown fluctuations over the reporting periods provided. The ROA was negative for the majority of the time until the most recent quarter reported. Specifically, the ROA was negative in the range of -7.23% to -2.72% from April 2020 to January 2023. However, there was a slight improvement in the following quarters, with ROA turning positive at 0.28% in January 2022. This positive trend continued with significant increases in ROA in the subsequent quarters, reaching a high of 9.87% in October 2024.
It is important to note that a positive ROA indicates that the company is generating more profit from its assets than the cost of these assets, which is a favorable sign for investors. The improving trend in ROA from negative values to positive values over time suggests that Workday Inc's profitability relative to its asset base has strengthened. However, the dip in ROA observed in January 2025 (2.93%) compared to the previous quarters may warrant further analysis to understand the factors contributing to this change.
Peer comparison
Jan 31, 2025