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Workday Valuation Multiples
Discover revenue and EBITDA valuation multiples for Workday and similar public comparables like Paychex, Roper Technologies, Zoom, Range Intelligent and more.
Workday Overview
About Workday
Workday is a software company that offers human capital management, financial management, and business planning solutions for enterprises. Known for being a cloud-only software provider, Workday was founded in 2005 and is headquartered in Pleasanton, California.
Founded
2005
HQ
Employees
20.4K
Website
Sectors
Financials (LTM)
EV
$30B
Workday Financials
Workday reported last 12-month revenue of $10B and EBITDA of $3B.
In the same LTM period, Workday generated $8B in gross profit, $3B in EBITDA, and $3B in net income.
Revenue (LTM)
Workday P&L
In the most recent fiscal year, Workday reported revenue of $10B and EBITDA of $3B.
Workday expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $10B | XXX | $10B | XXX | XXX | XXX |
| Gross Profit | $8B | XXX | $7B | XXX | XXX | XXX |
| Gross Margin | 79% | XXX | 76% | XXX | XXX | XXX |
| EBITDA | $3B | XXX | $3B | XXX | XXX | XXX |
| EBITDA Margin | 33% | XXX | 33% | XXX | XXX | XXX |
| EBIT Margin | 30% | XXX | 30% | XXX | XXX | XXX |
| Net Profit | $3B | XXX | $2B | XXX | XXX | XXX |
| Net Margin | 26% | XXX | 26% | XXX | XXX | XXX |
| Net Debt | — | — | $1B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Workday Stock Performance
Workday has current market cap of $32B, and enterprise value of $30B.
Market Cap Evolution
Workday's stock price is $124.87.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $30B | $32B | 0.6% | XXX | XXX | XXX | $9.63 |
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Start Free TrialWorkday Valuation Multiples
Workday trades at 3.1x EV/Revenue multiple, and 9.5x EV/EBITDA.
EV / Revenue (LTM)
Workday Financial Valuation Multiples
As of April 17, 2026, Workday has market cap of $32B and EV of $30B.
Equity research analysts estimate Workday's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Workday has a P/E ratio of 12.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $32B | XXX | $32B | XXX | XXX | XXX |
| EV (current) | $30B | XXX | $30B | XXX | XXX | XXX |
| EV/Revenue | 3.1x | XXX | 3.2x | XXX | XXX | XXX |
| EV/EBITDA | 9.5x | XXX | 9.8x | XXX | XXX | XXX |
| EV/EBIT | 10.5x | XXX | 10.8x | XXX | XXX | XXX |
| EV/Gross Profit | 4.0x | XXX | 4.2x | XXX | XXX | XXX |
| P/E | 12.7x | XXX | 13.0x | XXX | XXX | XXX |
| EV/FCF | 10.7x | XXX | 11.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Workday Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Workday Margins & Growth Rates
Workday's revenue in the last 12 month grew by 12%.
Workday's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.3M for the same period.
Workday's rule of 40 is 44% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Workday's rule of X is 61% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Workday Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 12% | XXX | 12% | XXX | XXX | XXX |
| EBITDA Margin | 33% | XXX | 33% | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | 14% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 44% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 61% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 23% | XXX | 27% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 6% | XXX | 10% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 20% | XXX | 28% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 65% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Workday Public Comps
See public comps and valuation multiples for other Human Capital Management Software and ERP Software comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Workday | XXX | XXX | XXX | XXX | XXX | XXX |
| Paychex | XXX | XXX | XXX | XXX | XXX | XXX |
| Roper Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Zoom | XXX | XXX | XXX | XXX | XXX | XXX |
| Range Intelligent | XXX | XXX | XXX | XXX | XXX | XXX |
| Nebius Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Workday M&A Activity
Workday acquired XXX companies to date.
Last acquisition by Workday was on XXXXXXXX, XXXXX. Workday acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Workday
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialWorkday Investment Activity
Workday invested in XXX companies to date.
Workday made its latest investment on XXXXXXXX, XXXXX. Workday invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Workday
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Workday
| When was Workday founded? | Workday was founded in 2005. |
| Where is Workday headquartered? | Workday is headquartered in United States. |
| How many employees does Workday have? | As of today, Workday has over 20K employees. |
| Who is the CEO of Workday? | Workday's CEO is Aneel Bhusri. |
| Is Workday publicly listed? | Yes, Workday is a public company listed on Nasdaq. |
| What is the stock symbol of Workday? | Workday trades under WDAY ticker. |
| When did Workday go public? | Workday went public in 2012. |
| Who are competitors of Workday? | Workday main competitors are Paychex, Roper Technologies, Zoom, Range Intelligent. |
| What is the current market cap of Workday? | Workday's current market cap is $32B. |
| What is the current revenue of Workday? | Workday's last 12 months revenue is $10B. |
| What is the current revenue growth of Workday? | Workday revenue growth (NTM/LTM) is 12%. |
| What is the current EV/Revenue multiple of Workday? | Current revenue multiple of Workday is 3.1x. |
| Is Workday profitable? | Yes, Workday is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Workday? | Workday's last 12 months EBITDA is $3B. |
| What is Workday's EBITDA margin? | Workday's last 12 months EBITDA margin is 33%. |
| What is the current EV/EBITDA multiple of Workday? | Current EBITDA multiple of Workday is 9.5x. |
| What is the current FCF of Workday? | Workday's last 12 months FCF is $3B. |
| What is Workday's FCF margin? | Workday's last 12 months FCF margin is 29%. |
| What is the current EV/FCF multiple of Workday? | Current FCF multiple of Workday is 10.7x. |
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