Workday
Workday returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
The reported inputs required for this metric are unavailable in the extracted statements for this period.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2027 Q2 | Jul 31, 2026 | — | 9.72% | — | 16.01% | 7.4% | — |
| FY 2027 Q1 | Apr 30, 2026 | — | 9.29% | — | 10.86% | 5.09% | — |
| FY 2026 Q4 | Jan 31, 2026 | — | 5.98% | — | 8.23% | 3.84% | — |
| FY 2026 Q3 | Oct 31, 2025 | — | 5.02% | — | 7.34% | 3.76% | — |
| FY 2026 Q2 | Jul 31, 2025 | — | 4.26% | — | 6.66% | 3.41% | — |
| FY 2026 Q1 | Apr 30, 2025 | — | 3.26% | — | 5.7% | 2.94% | — |
| FY 2025 Q4 | Jan 31, 2025 | — | 3.48% | — | 6.15% | 3.06% | — |
| FY 2025 Q3 | Oct 31, 2024 | — | 3.82% | — | 21.25% | 10.68% | — |
| FY 2025 Q2 | Jul 31, 2024 | — | 3.21% | — | 21.08% | 10.29% | — |
| FY 2025 Q1 | Apr 30, 2024 | — | 2.58% | — | 21.1% | 10.19% | — |
| FY 2024 Q4 | Jan 31, 2024 | — | 1.81% | — | 20.21% | 9.23% | — |
| FY 2024 Q3 | Oct 31, 2023 | 0.1% | 0.17% | — | 1.11% | 0.51% | -9.2 pp |
| FY 2024 Q2 | Jul 31, 2023 | — | -1.1% | — | -2.13% | -0.9% | — |
| FY 2024 Q1 | Apr 30, 2023 | — | -1.96% | — | -4.93% | -2.03% | — |
| FY 2023 Q4 | Jan 31, 2023 | — | -3.11% | — | -7.25% | -3.06% | — |
| FY 2023 Q3 | Oct 31, 2022 | — | -3.39% | — | -6.53% | -2.88% | — |
| FY 2023 Q2 | Jul 31, 2022 | — | -2.78% | — | -4.36% | -1.75% | — |
| FY 2023 Q1 | Apr 30, 2022 | — | -2.43% | — | -0.64% | -0.25% | — |
| FY 2022 Q4 | Jan 31, 2022 | — | -2.36% | — | 0.75% | 0.31% | — |
| FY 2022 Q3 | Oct 31, 2021 | -2.04% | -1.89% | — | 0.85% | 0.36% | -11.3 pp |
| FY 2022 Q2 | Jul 31, 2021 | — | -2.59% | — | -1.1% | -0.44% | — |
| FY 2022 Q1 | Apr 30, 2021 | — | -3.21% | — | -5.68% | -2.15% | — |
| FY 2021 Q4 | Jan 31, 2021 | — | -6% | — | -9.8% | -3.64% | — |
| FY 2021 Q3 | Oct 31, 2020 | — | -8.15% | — | -12.55% | -4.84% | — |
| FY 2021 Q2 | Jul 31, 2020 | — | -11.13% | — | -17.04% | -6.37% | — |
| FY 2021 Q1 | Apr 30, 2020 | — | -13.35% | — | -22.5% | -8.01% | — |
| FY 2020 Q4 | Jan 31, 2020 | — | -14.48% | — | -21.63% | -7.79% | — |
| FY 2020 Q3 | Oct 31, 2019 | — | -14.42% | — | — | -8.19% | — |
| FY 2020 Q2 | Jul 31, 2019 | — | -20.3% | — | — | -9.2% | — |
| FY 2020 Q1 | Apr 30, 2019 | — | -16.86% | — | — | -8.56% | — |
| FY 2019 Q4 | Jan 31, 2019 | — | -15.5% | — | -23.64% | -7.99% | — |
| FY 2019 Q3 | Oct 31, 2018 | — | -14.73% | — | — | -8.43% | — |
| FY 2019 Q2 | Jul 31, 2018 | — | -14.04% | — | — | -8.2% | — |
| FY 2019 Q1 | Apr 30, 2018 | — | -13.23% | — | — | -8.05% | — |
| FY 2018 Q4 | Jan 31, 2018 | — | -12.74% | — | -23.42% | -7.92% | — |
| FY 2018 Q3 | Oct 31, 2017 | — | -14.14% | — | — | -9.02% | — |
| FY 2018 Q2 | Jul 31, 2017 | — | -20.15% | — | — | -11.74% | — |
| FY 2018 Q1 | Apr 30, 2017 | — | -18.99% | — | — | -12.87% | — |
| FY 2017 Q4 | Jan 31, 2017 | — | -20.49% | — | -35.52% | -13.85% | — |
| FY 2017 Q3 | Oct 31, 2016 | — | -19.19% | — | — | -14.13% | — |
| FY 2017 Q2 | Jul 31, 2016 | — | -17.09% | — | — | -13.18% | — |
| FY 2017 Q1 | Apr 30, 2016 | — | -16.18% | — | — | -11.98% | — |
| FY 2016 Q4 | Jan 31, 2016 | — | -15.02% | — | -25.63% | -11.39% | — |
| FY 2016 Q3 | Oct 31, 2015 | — | -13.99% | — | — | -11.31% | — |
| FY 2016 Q2 | Jul 31, 2015 | — | -12.95% | — | — | -10.79% | — |
| FY 2016 Q1 | Apr 30, 2015 | — | -12.63% | — | — | -10.9% | — |
| FY 2015 Q4 | Jan 31, 2015 | — | -12.43% | — | -21.44% | -10.94% | — |
| FY 2015 Q3 | Oct 31, 2014 | — | -14.91% | — | — | -13% | — |
| FY 2015 Q2 | Jul 31, 2014 | — | -13.94% | — | — | -12.54% | — |
| FY 2015 Q1 | Apr 30, 2014 | — | -14.45% | — | — | -12.48% | — |
| FY 2014 Q4 | Jan 31, 2014 | — | -12.47% | — | -19.39% | -11% | — |
| FY 2014 Q3 | Oct 31, 2013 | — | -14.3% | — | -24% | -11.9% | — |
| FY 2014 Q2 | Jul 31, 2013 | — | — | — | — | — | — |
| FY 2014 Q1 | Apr 30, 2013 | — | — | — | — | — | — |
| FY 2013 Q4 | Jan 31, 2013 | — | — | — | — | — | — |
| FY 2013 Q3 | Oct 31, 2012 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 9.3%, rounded from the Software · System & Application benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · WDAY, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.