Workday Inc (WDAY)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	9,034,000	8,624,000	8,345,000	8,163,000	8,082,000	6,625,000	6,274,000	5,942,000	5,585,000	5,409,110	5,127,810	4,780,810	4,535,080	4,215,820	3,867,990	3,405,440	3,277,830	3,078,050	2,838,480	2,602,000
ROE		5.82%	18.79%	18.47%	18.23%	17.09%	1.02%	-1.94%	-4.45%	-6.57%	-5.81%	-3.83%	-0.55%	0.65%	0.73%	-0.95%	-5.01%	-8.62%	-11.00%	-15.15%	-20.09%

January 31, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $526,000K ÷ $9,034,000K
= 5.82%

Workday Inc's return on equity (ROE) has displayed a declining trend from April 2020 to October 2023, with negative values indicating inefficiency in generating profit from shareholders' equity during this period. However, there was a positive turnaround starting from January 2024, with ROE increasing consistently through October 2024. This improvement signifies the company's ability to generate higher returns for shareholders' investments. The significant rise in ROE from January 2024 to October 2024 suggests improved profitability and efficiency in utilizing equity. The slight drop in ROE reported in January 2025 may indicate a temporary setback in the company's profitability, but the overall trend shows a positive performance in terms of generating returns on equity.