Workday (WDAY)
Market Price (3/18/2026): $132.0 | Market Cap: $34.5 BilSector: Information Technology | Industry: Application Software
Workday (WDAY)
Market Price (3/18/2026): $132.0Market Cap: $34.5 BilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 31%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 29%, CFO LTM is 2.9 Bil, FCF LTM is 2.8 Bil | Weak multi-year price returns2Y Excs Rtn is -80%, 3Y Excs Rtn is -98% | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 17% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -47% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.2% | |
| Attractive yieldFCF Yield is 7.9% | Key risksWDAY key risks include [1] intense competitive pressure from both legacy and cloud-native rivals challenging its premium pricing model, Show more. | |
| Low stock price volatilityVol 12M is 38% | ||
| Megatrend and thematic driversMegatrends include Cloud Computing, Artificial Intelligence, Automation & Robotics, Future of Work, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 31%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 29%, CFO LTM is 2.9 Bil, FCF LTM is 2.8 Bil |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -47% |
| Attractive yieldFCF Yield is 7.9% |
| Low stock price volatilityVol 12M is 38% |
| Megatrend and thematic driversMegatrends include Cloud Computing, Artificial Intelligence, Automation & Robotics, Future of Work, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -80%, 3Y Excs Rtn is -98% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 17% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.2% |
| Key risksWDAY key risks include [1] intense competitive pressure from both legacy and cloud-native rivals challenging its premium pricing model, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Workday (WDAY) stock has lost about 35% since 11/30/2025 because of the following key factors:
1. Weak Fiscal 2027 Outlook and Margin Pressure. Workday's stock experienced significant declines after its Q4 Fiscal 2026 earnings report on February 24, 2026, primarily due to a weaker-than-expected guidance for Fiscal Year 2027. The company projected fiscal 2027 subscription revenue growth of approximately 12-13%, which fell short of analysts' expectations. Management also indicated that increased investments, particularly in AI, would lead to near-term margin pressure, despite Workday beating Q4 revenue and EPS estimates with reported EPS of $2.47 against an estimated $2.32, and revenue of $2.53 billion against an estimated $2.52 billion.
2. Extended Deal Cycles and Intensified Competition. Workday management noted that large enterprise deals were taking longer to close, particularly in the federal government and healthcare sectors, which impacted fourth-quarter results and future revenue projections. This issue is compounded by increasing competition and market saturation within its core Human Capital Management (HCM) business, a factor expected to contribute to slower growth in this segment.
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1. Weak Fiscal 2027 Outlook and Margin Pressure. Workday's stock experienced significant declines after its Q4 Fiscal 2026 earnings report on February 24, 2026, primarily due to a weaker-than-expected guidance for Fiscal Year 2027. The company projected fiscal 2027 subscription revenue growth of approximately 12-13%, which fell short of analysts' expectations. Management also indicated that increased investments, particularly in AI, would lead to near-term margin pressure, despite Workday beating Q4 revenue and EPS estimates with reported EPS of $2.47 against an estimated $2.32, and revenue of $2.53 billion against an estimated $2.52 billion.
2. Extended Deal Cycles and Intensified Competition. Workday management noted that large enterprise deals were taking longer to close, particularly in the federal government and healthcare sectors, which impacted fourth-quarter results and future revenue projections. This issue is compounded by increasing competition and market saturation within its core Human Capital Management (HCM) business, a factor expected to contribute to slower growth in this segment.
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Stock Movement Drivers
Fundamental Drivers
The -37.3% change in WDAY stock from 11/30/2025 to 3/17/2026 was primarily driven by a -42.9% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 215.62 | 135.17 | -37.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 9,231 | 9,552 | 3.5% |
| Net Income Margin (%) | 7.0% | 7.3% | 4.3% |
| P/E Multiple | 89.3 | 51.0 | -42.9% |
| Shares Outstanding (Mil) | 266 | 261 | 1.8% |
| Cumulative Contribution | -37.3% |
Market Drivers
11/30/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| WDAY | -37.3% | |
| Market (SPY) | -1.8% | 19.2% |
| Sector (XLK) | -2.5% | 16.8% |
Fundamental Drivers
The -41.4% change in WDAY stock from 8/31/2025 to 3/17/2026 was primarily driven by a -51.8% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 230.82 | 135.17 | -41.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,959 | 9,552 | 6.6% |
| Net Income Margin (%) | 6.5% | 7.3% | 11.5% |
| P/E Multiple | 105.6 | 51.0 | -51.8% |
| Shares Outstanding (Mil) | 267 | 261 | 2.1% |
| Cumulative Contribution | -41.4% |
Market Drivers
8/31/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| WDAY | -41.4% | |
| Market (SPY) | 4.3% | 25.0% |
| Sector (XLK) | 6.5% | 19.1% |
Fundamental Drivers
The -48.7% change in WDAY stock from 2/28/2025 to 3/17/2026 was primarily driven by a -63.5% change in the company's Net Income Margin (%).| (LTM values as of) | 2282025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 263.34 | 135.17 | -48.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,157 | 9,552 | 17.1% |
| Net Income Margin (%) | 19.9% | 7.3% | -63.5% |
| P/E Multiple | 43.1 | 51.0 | 18.1% |
| Shares Outstanding (Mil) | 265 | 261 | 1.6% |
| Cumulative Contribution | -48.7% |
Market Drivers
2/28/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| WDAY | -48.7% | |
| Market (SPY) | 13.9% | 46.6% |
| Sector (XLK) | 24.3% | 44.1% |
Fundamental Drivers
The -27.1% change in WDAY stock from 2/28/2023 to 3/17/2026 was primarily driven by a -51.9% change in the company's P/S Multiple.| (LTM values as of) | 2282023 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 185.47 | 135.17 | -27.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6,216 | 9,552 | 53.7% |
| P/S Multiple | 7.7 | 3.7 | -51.9% |
| Shares Outstanding (Mil) | 257 | 261 | -1.5% |
| Cumulative Contribution | -27.1% |
Market Drivers
2/28/2023 to 3/17/2026| Return | Correlation | |
|---|---|---|
| WDAY | -27.1% | |
| Market (SPY) | 75.6% | 44.0% |
| Sector (XLK) | 108.6% | 43.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WDAY Return | 14% | -39% | 65% | -7% | -17% | -38% | -44% |
| Peers Return | 21% | -18% | 13% | 32% | -13% | -23% | -0% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -2% | 78% |
Monthly Win Rates [3] | |||||||
| WDAY Win Rate | 42% | 42% | 75% | 58% | 50% | 0% | |
| Peers Win Rate | 57% | 37% | 53% | 62% | 42% | 20% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| WDAY Max Drawdown | -8% | -51% | -4% | -25% | -18% | -40% | |
| Peers Max Drawdown | -18% | -34% | -19% | -13% | -25% | -29% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -3% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ORCL, ADP, PAYC, PCTY, NOW. See WDAY Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/17/2026 (YTD)
How Low Can It Go
| Event | WDAY | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -55.9% | -25.4% |
| % Gain to Breakeven | 126.9% | 34.1% |
| Time to Breakeven | 462 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -42.9% | -33.9% |
| % Gain to Breakeven | 75.1% | 51.3% |
| Time to Breakeven | 161 days | 148 days |
| 2018 Correction | ||
| % Loss | -32.1% | -19.8% |
| % Gain to Breakeven | 47.3% | 24.7% |
| Time to Breakeven | 310 days | 120 days |
Compare to ORCL, ADP, PAYC, PCTY, NOW
In The Past
Workday's stock fell -55.9% during the 2022 Inflation Shock from a high on 11/17/2021. A -55.9% loss requires a 126.9% gain to breakeven.
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About Workday (WDAY)
Workday, Inc. provides enterprise cloud applications worldwide. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments, and to manage their business and operations. The company offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations. It also provides cloud spend management solutions that helps organizations to streamline supplier selection and contracts, manage indirect spend, and build and execute sourcing events, such as requests for proposals; Human Capital Management (HCM) solution, a suite of human capital management applications that allows organizations to manage the entire employee lifecycle from recruitment to retirement, and enables HR teams to hire, onboard, pay, develop, reskill, and provide employee experiences; Workday applications for planning; and applications for analytics and reporting, including augmented analytics to surface insights to the line of business in simple-to-understand stories, machine learning to drive efficiency and automation, and benchmarks to compare performance against other companies. It serves professional and business services, financial services, healthcare, education, government, technology, media, retail, and hospitality industries. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was incorporated in 2005 and is headquartered in Pleasanton, California.
AI Analysis | Feedback
Analogy 1: Salesforce for a company's internal operations, like HR and finance.
Analogy 2: A cloud-native alternative to SAP or Oracle for managing human resources and financial operations.
AI Analysis | Feedback
Workday's major products are enterprise cloud applications:
- Financial Management: A suite of applications enabling chief financial officers to manage accounting, financial processes, insights, consolidation, and internal controls.
- Spend Management: Cloud solutions for streamlining supplier selection, contracts, indirect spend management, and sourcing events.
- Human Capital Management (HCM): A comprehensive suite of applications that manage the entire employee lifecycle, from recruitment and onboarding to payroll, development, and retirement.
- Planning: Applications that help customers plan their business and operations.
- Analytics and Reporting: Tools providing insights through augmented analytics, machine learning for efficiency, and performance benchmarking.
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Workday's leadership team includes its co-founder, CEO, and Chair, Aneel Bhusri, and Chief Financial Officer, Zane Rowe, along with other key executives. Here is an overview of up to five management team members:Aneel Bhusri
Co-Founder, CEO and Chair
Aneel Bhusri is the co-founder, CEO, and Chair of Workday, which he co-founded in 2005. He previously held leadership positions at PeopleSoft, including Vice Chairman, where he was responsible for product strategy and marketing until the company's acquisition by Oracle in 2004. Bhusri is also a partner at Greylock Partners, a venture capital firm he joined in 1999, focusing on investments in cloud technologies. He has been an investor in and served on the boards of several companies, including being the lead investor and Chairman of Data Domain, which was acquired by EMC.
Zane Rowe
Chief Financial Officer
Zane Rowe is the Chief Financial Officer at Workday, a role he assumed effective June 12, 2023. In this position, he oversees the company's finance, accounting, investor relations, tax, and treasury functions. Prior to joining Workday, Rowe served as Executive Vice President and CFO of VMware, where he also held the interim CEO position from February to May 2021. His extensive career includes CFO roles at EMC and United Airlines (formerly Continental Airlines), and leading North America sales for Apple. He currently serves on the board of directors for eBay, Inc.
Rob Enslin
President, Chief Commercial Officer
Rob Enslin serves as President and Chief Commercial Officer at Workday. In this role, he is responsible for the company's global sales, services, and marketing organizations. Before joining Workday in 2019, Enslin spent 27 years at SAP, where he held various leadership positions, including President of the Cloud Business Group and President of Global Customer Operations. He was instrumental in driving SAP's cloud transition and growing its customer base.
Gerrit Kazmaier
President, Product and Technology
Gerrit Kazmaier is the President of Product and Technology at Workday. He joined Workday in 2021 from SAP, where he led the development and delivery of SAP's database and analytics products as Executive Vice President. His background includes significant experience in enterprise software development, particularly in data management, analytics, and platform technologies.
Sheri Rhodes
Chief Customer Officer
Sheri Rhodes is the Chief Customer Officer at Workday. She is responsible for ensuring customer success and satisfaction globally. Prior to joining Workday, Rhodes served as Chief Marketing Officer at Western Digital. She also held senior leadership roles at Customer Relationship Management (CRM) company, Symantec, and was Vice President of Global Marketing at Adobe.
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The key risks to Workday's business include intense market competition, technological disruption from artificial intelligence, and macroeconomic vulnerabilities.
- Intense Market Competition: Workday operates in a highly competitive market for enterprise cloud applications, facing significant challenges from established players such as Oracle and SAP, as well as emerging specialized vendors and AI-native startups. This competitive landscape can lead to pricing pressure, impact market share, and necessitate continuous innovation to maintain a competitive edge.
- Technological Disruption, particularly from AI: The rapid advancement and adoption of artificial intelligence, including generative AI and autonomous AI agents, pose a substantial risk to Workday's established per-seat SaaS licensing model. The potential for "seat compression," where AI agents reduce the need for human user licenses, could threaten Workday's revenue growth and valuation. Successfully integrating AI into its platform and adapting its business model to these technological shifts are critical for the company's long-term competitiveness.
- Macroeconomic Vulnerabilities: Workday is susceptible to broader economic uncertainties, including inflation, fluctuating interest rates, and potential slowdowns in overall information technology spending by its large enterprise customers. These macroeconomic factors can result in increased scrutiny of deals, longer sales cycles, and a moderation of revenue growth rates, impacting the company's financial performance.
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Workday, Inc. operates in several significant enterprise cloud application markets, including Human Capital Management (HCM), Financial Management, Planning, and Analytics and Reporting. The total addressable markets for these main product areas are substantial and are projected to grow. Here are the estimated addressable market sizes for Workday's key products and services: * Human Capital Management (HCM) Software: The global Human Capital Management (HCM) software market is projected to reach $34.3 billion in the next 12 months (from approximately March 2026). North America, particularly the United States, is a dominant region, with nearly 2 million companies in the U.S. expected to spend $13.3 billion on HCM software within the next 12 months, representing 38.9% of the total global HCM market. Other estimates place the global HCM software market at USD 58.7 billion in 2024, with a projection to reach USD 81.1 billion by 2029. * Financial Management Software: The global financial management software market is estimated to be approximately USD 12.36 billion in 2026 and is projected to reach USD 25.9 billion by 2035, growing at a CAGR of 8.5%. Another report estimates the global Enterprise Financial Management (EFM) Market Size will reach USD 51.78 Billion by 2032, with a CAGR of 20.62% from 2022 to 2032. North America held a dominant position in the financial management software market in 2023, capturing over 38% of the global market share. * Planning Applications (Workday Adaptive Planning): While a specific global market size for "planning applications" or "Enterprise Performance Management (EPM)" was not explicitly found, Workday Adaptive Planning is a financial planning tool. The broader Enterprise Resource Planning (ERP) market, which often includes financial and planning functionalities, was valued at USD 92.6 billion in 2025 and is projected to grow to USD 281.58 billion by 2034 globally. Including finance applications and HCM, the total ERP ecosystem reached $147.7 billion globally in 2025. * Analytics and Reporting Software (Business Intelligence): The global Business Intelligence (BI) software market is projected to see companies spend $72.1 billion globally in the next 12 months (from approximately March 2026). Within the United States, nearly 2 million companies are expected to spend $27.3 billion on BI solutions in the next 12 months. North America held approximately 37.0% of the global business intelligence software market revenue share in 2025. Workday itself states it is addressing a total addressable market of $142 billion. Another source from September 2024 refers to Workday operating within a $160 billion total addressable market.AI Analysis | Feedback
For the public company Workday (symbol: WDAY), the following are expected drivers of future revenue growth over the next 2-3 years:
- Innovation and Adoption of AI-driven Products and Agents: Workday is heavily investing in artificial intelligence (AI) and integrating it into its core Human Capital Management (HCM) and Financial Management applications. The company anticipates accelerated growth from both organically developed and acquired AI agents, with new annual contract value (ACV) from emerging AI products already showing significant year-over-year growth. This focus on AI is considered a major new growth vector.
- Expansion within the Existing Customer Base: Workday considers expansions within its current customer base as its largest growth engine. The company is focused on cross-selling additional solutions, such as Financial Management to its HCM customers and planning applications, leveraging its strong customer retention rates (around 97%).
- New Customer Acquisition: Workday continues to attract new customers across diverse sectors, including professional and business services, financial services, healthcare, education, government, technology, media, retail, and hospitality. This ongoing customer acquisition strategy contributes to sustained subscription revenue growth.
- International Market Expansion: The company has identified significant long-term international market opportunities that are expected to become a more meaningful driver of growth over time. Workday has seen momentum in key international markets, such as the UK and Germany.
- Strategic Penetration of Mid-Market and SMB Segments: Initiatives like the launch of the Insperity HRScale solution demonstrate Workday's strategy to extend its reach into the small and mid-sized business (SMB) segment through a services-led model. This could complement Workday's existing enterprise focus and support expansion into the medium segment.
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Share Repurchases
- In fiscal year 2026, Workday repurchased approximately 12.8 million shares of Class A common stock for $2.9 billion.
- Workday repurchased approximately 2.9 million shares of Class A common stock for $700 million in fiscal year 2025.
- As of September 16, 2025, Workday's board authorized an additional $4 billion share buyback program, bringing the total planned repurchases to approximately $5 billion of Class A common stock through fiscal 2027.
Share Issuance
- Workday's shares outstanding increased by 1.48% in fiscal year 2025 to 0.269 billion.
- Shares outstanding declined by 0.4% in fiscal year 2026 to 0.268 billion, and further decreased by 2.15% year-over-year for the quarter ending January 31, 2026.
- A share repurchase program approved in November 2022 was designed to reduce the impact of future share dilution from employee stock issuances.
Inbound Investments
- Activist investor Elliott Investment Management disclosed a stake worth more than $2 billion in Workday on September 17, 2025, praising the company's leadership and strategy.
- Jeff Bezos's investment vehicle, Bezos Expeditions, has invested in Workday.
Outbound Investments
- Workday completed the acquisition of Sana, an AI company, for approximately $1.1 billion on November 4, 2025, following a definitive agreement signed on September 16, 2025.
- In February 2023, Workday announced a $250 million expansion of its Workday Ventures fund, focusing investments on early-stage enterprise software startups, particularly in AI and Machine Learning technologies.
- Workday committed a C$1 billion investment in Canada over the next five years to bolster local technological expertise and support Canadian clients.
Capital Expenditures
- Workday plans $270 million in capital expenditures for fiscal year 2027.
- The company expected approximately $200 million in capital expenditures for fiscal year 2026.
- Workday maintains relatively low capital expenditures, which is typical for a software company, and free cash flow generation has consistently covered these outlays.
Latest Trefis Analyses
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| 02282026 | BMI | Badger Meter | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02282026 | VRNS | Varonis Systems | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02272026 | ITRI | Itron | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | FSLR | First Solar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | PEGA | Pegasystems | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02132026 | WDAY | Workday | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -7.4% | -7.4% | -10.5% |
| 06302022 | WDAY | Workday | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 20.2% | 61.8% | -5.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 130.52 |
| Mkt Cap | 60.0 |
| Rev LTM | 11,415 |
| Op Inc LTM | 1,424 |
| FCF LTM | 1,590 |
| FCF 3Y Avg | 1,317 |
| CFO LTM | 3,840 |
| CFO 3Y Avg | 3,443 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 12.6% |
| Rev Chg 3Y Avg | 14.9% |
| Rev Chg Q | 12.5% |
| QoQ Delta Rev Chg LTM | 3.0% |
| Op Mgn LTM | 23.2% |
| Op Mgn 3Y Avg | 22.3% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 31.9% |
| CFO/Rev 3Y Avg | 29.9% |
| FCF/Rev LTM | 21.7% |
| FCF/Rev 3Y Avg | 20.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 60.0 |
| P/S | 3.8 |
| P/EBIT | 18.8 |
| P/E | 26.3 |
| P/CFO | 15.2 |
| Total Yield | 4.5% |
| Dividend Yield | 0.6% |
| FCF Yield 3Y Avg | 3.4% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 0.2% |
| 3M Rtn | -23.9% |
| 6M Rtn | -37.8% |
| 12M Rtn | -36.0% |
| 3Y Rtn | -11.5% |
| 1M Excs Rtn | 2.0% |
| 3M Excs Rtn | -23.8% |
| 6M Excs Rtn | -40.4% |
| 12M Excs Rtn | -54.0% |
| 3Y Excs Rtn | -83.4% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $135.17 | |
| Market Cap ($ Bil) | 35.9 | |
| First Trading Date | 10/12/2012 | |
| Distance from 52W High | -50.8% | |
| 50 Days | 200 Days | |
| DMA Price | $163.41 | $214.27 |
| DMA Trend | down | down |
| Distance from DMA | -17.3% | -36.9% |
| 3M | 1YR | |
| Volatility | 45.3% | 38.5% |
| Downside Capture | 236.27 | 145.65 |
| Upside Capture | -26.23 | 54.19 |
| Correlation (SPY) | 19.0% | 44.5% |
WDAY Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.63 | 1.47 | 1.28 | 1.08 | 0.98 | 1.03 |
| Up Beta | 2.22 | 1.83 | 1.28 | 1.36 | 1.01 | 1.03 |
| Down Beta | 0.95 | 0.73 | 0.73 | 1.16 | 0.83 | 1.03 |
| Up Capture | -57% | -35% | 0% | 6% | 47% | 61% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 7 | 16 | 29 | 58 | 128 | 388 |
| Down Capture | 382% | 340% | 271% | 164% | 127% | 105% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 14 | 25 | 32 | 66 | 122 | 363 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WDAY | |
|---|---|---|---|---|
| WDAY | -45.6% | 38.5% | -1.50 | - |
| Sector ETF (XLK) | 31.2% | 26.6% | 0.99 | 42.2% |
| Equity (SPY) | 20.3% | 18.8% | 0.85 | 45.1% |
| Gold (GLD) | 68.2% | 26.2% | 1.97 | -12.5% |
| Commodities (DBC) | 19.1% | 17.3% | 0.89 | 4.1% |
| Real Estate (VNQ) | 7.6% | 16.1% | 0.27 | 28.4% |
| Bitcoin (BTCUSD) | -10.5% | 44.3% | -0.12 | 24.1% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WDAY | |
|---|---|---|---|---|
| WDAY | -11.3% | 37.3% | -0.23 | - |
| Sector ETF (XLK) | 17.5% | 24.6% | 0.64 | 57.0% |
| Equity (SPY) | 13.0% | 17.0% | 0.60 | 55.8% |
| Gold (GLD) | 23.4% | 17.2% | 1.11 | 4.6% |
| Commodities (DBC) | 11.0% | 19.0% | 0.47 | 9.5% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 39.0% |
| Bitcoin (BTCUSD) | 6.1% | 56.7% | 0.33 | 25.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WDAY | |
|---|---|---|---|---|
| WDAY | 6.5% | 38.0% | 0.28 | - |
| Sector ETF (XLK) | 22.2% | 24.2% | 0.84 | 60.4% |
| Equity (SPY) | 14.8% | 17.9% | 0.71 | 56.7% |
| Gold (GLD) | 14.4% | 15.6% | 0.76 | 3.7% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 15.0% |
| Real Estate (VNQ) | 5.8% | 20.7% | 0.24 | 38.4% |
| Bitcoin (BTCUSD) | 68.3% | 66.8% | 1.07 | 16.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/24/2026 | 2.2% | 10.3% | |
| 11/25/2025 | -7.9% | -7.3% | -7.2% |
| 8/21/2025 | -2.8% | 0.4% | 6.6% |
| 5/22/2025 | -12.5% | -9.0% | -12.1% |
| 2/5/2025 | 6.3% | 1.3% | -2.3% |
| 11/26/2024 | -6.2% | -0.5% | -1.5% |
| 8/22/2024 | 12.5% | 13.5% | 6.0% |
| 5/23/2024 | -15.3% | -19.0% | -16.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 12 | 13 |
| # Negative | 11 | 12 | 10 |
| Median Positive | 7.1% | 8.7% | 6.6% |
| Median Negative | -5.6% | -6.9% | -9.6% |
| Max Positive | 17.2% | 13.5% | 17.1% |
| Max Negative | -15.3% | -19.0% | -16.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 01/31/2026 | 03/06/2026 | 10-K |
| 10/31/2025 | 11/26/2025 | 10-Q |
| 07/31/2025 | 08/22/2025 | 10-Q |
| 04/30/2025 | 05/23/2025 | 10-Q |
| 01/31/2025 | 03/11/2025 | 10-K |
| 10/31/2024 | 12/05/2024 | 10-Q |
| 07/31/2024 | 08/28/2024 | 10-Q |
| 04/30/2024 | 05/29/2024 | 10-Q |
| 01/31/2024 | 03/08/2024 | 10-K |
| 10/31/2023 | 11/28/2023 | 10-Q |
| 07/31/2023 | 08/24/2023 | 10-Q |
| 04/30/2023 | 05/25/2023 | 10-Q |
| 01/31/2023 | 02/27/2023 | 10-K |
| 10/31/2022 | 11/29/2022 | 10-Q |
| 07/31/2022 | 08/25/2022 | 10-Q |
| 04/30/2022 | 05/26/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Kazmaier, Gerrit S | President, Prod. and Tech. | Direct | Sell | 1072026 | 208.73 | 3,759 | 784,626 | 21,951,782 | Form |
| 2 | Enslin, Robert | President, CCO | Direct | Sell | 1072026 | 210.17 | 22,185 | 4,662,713 | 22,347,816 | Form |
| 3 | Eschenbach, Carl M | CEO | Eschenbach Family Trust dtd 4/15/2014, Carl Eschenbach Jr and Ana Eschenbach TTEE | Sell | 1072026 | 210.00 | 3,125 | 656,250 | 3,590,370 | Form |
| 4 | Rowe, Zane | Chief Financial Officer | Direct | Sell | 1072026 | 208.75 | 6,000 | 1,252,492 | 33,224,019 | Form |
| 5 | Sauer, Richard Harry | Chief Legal Officer & Secty | Direct | Sell | 1072026 | 210.00 | 1,130 | 237,300 | 17,933,580 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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