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Workday, Inc. WDAY Net debt / EBITDA

Net debt / EBITDA at other companies

Automatic Data Processing, Inc. logo
Automatic Data Processing, Inc.ADP
0.2×+0.1×
Paychex logo
PaychexPAYX
+0.9×
Microsoft logo
MicrosoftMSFT
0.5×0.0×
Tyler Technologies logo
Tyler TechnologiesTYL
-0.5×-1.7×
Salesforce logo
SalesforceCRM
2.7×+2.6×
Oracle logo
OracleORCL
-0.4×-4.0×

Other financials

Income statement

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Revenue$2.5B+13.5%
Operating income$338.0M+767%
Net income$222.0M+226%
EPS (diluted)$0.87+248%

Balance sheet

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Cash & equivalents$568.0M-42.5%
Total debt$3.8B+12.1%
Total equity$6.7B-25.1%
Total assets$16.1B-6.5%

Cash flow

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Operating cash flow$696.0M+52.3%
CapEx$80.0M+122%
Free cash flow$616.0M+46.3%

Valuation

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Market cap$28.88B-50.3%
Enterprise value$32.12B-47.2%
P/E34.1×-85.3×
P/S2.9×-3.8×

Profitability

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Operating margin10.3%+5.9pp
Net margin8.6%+3.0pp
FCF margin30.2%+3.5pp

Returns & leverage

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Return on equity10.9%+5.2pp
Debt / equity0.6×+0.2×
Current ratio-1.1×

Where this comes from

Calculated from Workday, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Workday, Inc.’s 10-Q, filed May 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Workday, Inc.'s net debt / EBITDA?
Workday, Inc. (WDAY) reported net debt / EBITDA of 2× in Q1 2026.
How has Workday, Inc.'s net debt / EBITDA changed year-over-year?
Workday, Inc.'s net debt / EBITDA decreased by 20.6% year-over-year, from 2.5× to 2×.
What is the long-term trend for Workday, Inc.'s net debt / EBITDA?
Over 4 years (2020 to 2025), Workday, Inc.'s net debt / EBITDA has grown at a -56.1% compound annual growth rate (CAGR), from 45.9× to 1.7×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.