Calculation
P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income (loss)1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Mar 11, 2025 | 155.71 | = | 242.93 | ÷ | 1.56 | 1.56 | = | 415 | ÷ | 266,000,000 | |
Mar 8, 2024 | 381.31 | = | 264.32 | ÷ | 0.69 | 0.69 | = | 183 | ÷ | 264,000,000 | |
Feb 27, 2023 | — | = | 184.93 | ÷ | -0.86 | -0.86 | = | -222 | ÷ | 259,000,000 | |
Feb 28, 2022 | — | = | 229.05 | ÷ | -0.46 | -0.46 | = | -116 | ÷ | 251,000,000 | |
Mar 2, 2021 | — | = | 247.96 | ÷ | -1.02 | -1.02 | = | -249 | ÷ | 243,000,000 | |
Mar 3, 2020 | — | = | 166.56 | ÷ | -2.16 | -2.16 | = | -502 | ÷ | 232,000,000 | |
Mar 18, 2019 | — | = | 187.51 | ÷ | -2.09 | -2.09 | = | -463 | ÷ | 222,000,000 | |
Mar 14, 2018 | — | = | 138.79 | ÷ | -1.43 | -1.43 | = | -303 | ÷ | 212,000,000 | |
Mar 20, 2017 | — | = | 85.50 | ÷ | -1.86 | -1.86 | = | -377 | ÷ | 203,000,000 | |
Mar 22, 2016 | — | = | 72.00 | ÷ | -1.36 | -1.36 | = | -265 | ÷ | 195,000,000 | |
Mar 25, 2015 | — | = | 83.26 | ÷ | -1.14 | -1.14 | = | -216 | ÷ | 189,000,000 | |
Mar 31, 2014 | — | = | 91.43 | ÷ | -0.83 | -0.83 | = | -153 | ÷ | 184,000,000 | |
Mar 22, 2013 | — | = | 62.49 | ÷ | -0.71 | -0.71 | = | -118 | ÷ | 166,000,000 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Workday Inc. Annual Report.
- Share Price Trend
- The share price exhibited an overall upward trajectory over the analyzed period, starting from $62.49 in early 2013 and reaching a peak of $264.32 by early 2024. Despite some fluctuations, such as a dip from $187.51 in 2019 to $166.56 in 2020 and a subsequent decline to $184.93 in 2023, the general pattern indicates substantial growth in market valuation. The share price demonstrated resilience and notable recovery after periods of decline.
- Operating Profit Per Share (Operating Income)
- The operating profit per share was negative throughout most of the period until the year ending in 2023. Starting at -$0.71 in 2013, it worsened to -$2.16 by 2020, indicating increasing operational losses per share. From 2020 onward, the operating loss per share narrowed, moving back towards profitability. Notably, from -$0.86 in 2023, the company transitioned to a positive operating profit per share of $0.69 in 2024 and further improved to $1.56 by 2025, signaling a significant operational turnaround and improved financial performance.
- Price-to-Operating Profit Ratio (P/OP)
- This ratio, available only for the last two periods, showed a marked decrease from 381.31 in 2024 to 155.71 in 2025. Such a decline, accompanying a positive shift in operating profit per share, suggests that the company’s shares became more reasonably priced relative to its operational earnings, reflecting enhanced profitability and potentially improved market confidence.
- Summary of Financial Performance
- The financial data reveals a company experiencing initial and persistent operational losses, which diminished in severity towards the end of the timeline, culminating in positive operating profit per share figures. The substantial increase in the share price over the years correlates with this trend of improving operational results, particularly in the latter period. The decrease in the P/OP ratio further corroborates an enhancement in earnings relative to share price, indicating a maturing financial profile with growing profitability. Overall, the company demonstrates a positive evolution from operating deficits to operating profits, with supportive share price dynamics reflecting this progress.
Comparison to Competitors
Workday Inc. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar 11, 2025 | 155.71 | — | — | — | — | — | — | — | 33.50 | — | — | 38.94 | — | — |
Mar 8, 2024 | 381.31 | 23.52 | 26.38 | 52.42 | — | 69.38 | 48.11 | 28.73 | 25.65 | 941.61 | 159.88 | 58.80 | 152.95 | 56.25 |
Feb 27, 2023 | — | 21.69 | 40.52 | 65.43 | — | 36.15 | 49.04 | 27.76 | 25.30 | 431.61 | 193.40 | 177.62 | 206.26 | 67.90 |
Feb 28, 2022 | — | 16.83 | 25.85 | 47.21 | — | 20.43 | 46.05 | 24.72 | 16.51 | — | — | 357.52 | 260.26 | 43.85 |
Mar 2, 2021 | — | 28.35 | 40.64 | 48.13 | — | 21.03 | 62.00 | 30.79 | 14.31 | — | — | 431.39 | 436.46 | 75.64 |
Mar 3, 2020 | — | 22.21 | 51.75 | 57.54 | — | 45.39 | 41.56 | 29.30 | 12.17 | — | — | 511.08 | 583.07 | 59.90 |
Mar 18, 2019 | — | 18.63 | 51.63 | 40.67 | — | 37.88 | 40.45 | 24.54 | 13.83 | — | — | 223.46 | 1,590.30 | 40.48 |
Mar 14, 2018 | — | 16.75 | 42.06 | 40.66 | — | 27.54 | 37.92 | 23.63 | 12.83 | — | — | 395.31 | — | 35.54 |
Mar 20, 2017 | — | 19.47 | 44.86 | 35.08 | — | 26.02 | 25.94 | 24.93 | 16.52 | — | — | 908.77 | — | 37.64 |
Mar 22, 2016 | — | 15.44 | 36.62 | 33.61 | — | 20.65 | 23.33 | 21.70 | 13.09 | — | — | 411.51 | — | 28.34 |
Mar 25, 2015 | — | 15.66 | 49.21 | 22.23 | — | 19.70 | 31.60 | 20.57 | 12.84 | — | — | — | — | 25.82 |
Mar 31, 2014 | — | 11.94 | 86.32 | 26.17 | — | 14.03 | 18.25 | 12.81 | 12.12 | — | — | — | — | 26.04 |
Mar 22, 2013 | — | 11.50 | 71.49 | 22.85 | — | 12.14 | 15.12 | 9.91 | 9.51 | — | — | — | — | 24.81 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31).