Workday Inc (WDAY)
Return on equity (ROE)
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 526,000 | 1,381,000 | -367,000 | 29,373 | -282,431 |
| Total stockholders’ equity | US$ in thousands | 9,034,000 | 8,082,000 | 5,585,000 | 4,535,080 | 3,277,830 |
| ROE | 5.82% | 17.09% | -6.57% | 0.65% | -8.62% |
January 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $526,000K ÷ $9,034,000K
= 5.82%
Workday Inc's return on equity (ROE) has shown variability over the past five years. In January 2021, the company reported a negative ROE of -8.62%, indicating that the company generated a net loss relative to its shareholders' equity. However, by January 2022, the ROE improved to 0.65%, although still relatively low, showing a slight turnaround.
In January 2023, the ROE declined again to -6.57%, signaling a decrease in profitability relative to shareholders' equity. The following year, in January 2024, Workday Inc's ROE significantly improved to 17.09%, indicating a strong return on equity, which may be attributed to efficient management of assets and higher profits.
By January 2025, the ROE decreased slightly to 5.82%, suggesting a moderation in the company's return on equity compared to the previous year. Overall, Workday Inc has experienced fluctuations in its ROE over the past five years, with a mix of negative, low, and strong returns on equity. Further analysis is needed to understand the factors driving these changes and the company's overall profitability and efficiency.
Peer comparison
Jan 31, 2025