Workday Income Tax Expense from 2010 to 2024

WDAY Stock  USD 255.74  1.08  0.42%   
Workday Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Workday Income Tax Expense regression line of annual values had r-squared of  0.31 and arithmetic mean of (126,293,533). View All Fundamentals
 
Income Tax Expense  
First Reported
2010-10-31
Previous Quarter
15.5 M
Current Value
-1.1 B
Quarterly Volatility
144.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Workday financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Workday main balance sheet or income statement drivers, such as Depreciation And Amortization of 163.3 M, Interest Expense of 119.7 M or Selling General Administrative of 737.1 M, as well as many exotic indicators such as Price To Sales Ratio of 171, Dividend Yield of 0.0 or Days Sales Outstanding of 115. Workday financial statements analysis is a perfect complement when working with Workday Valuation or Volatility modules.
  
This module can also supplement Workday's financial leverage analysis and stock options assessment as well as various Workday Technical models . Check out the analysis of Workday Correlation against competitors.
For more information on how to buy Workday Stock please use our How to Invest in Workday guide.

Latest Workday's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Workday over the last few years. It is Workday's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Workday's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Workday Income Tax Expense Regression Statistics

Arithmetic Mean(126,293,533)
Geometric Mean4,318,164
Coefficient Of Variation(281.64)
Mean Deviation232,821,724
Median124,000
Standard Deviation355,696,484
Sample Variance126520T
Range1.1B
R-Value(0.56)
Mean Square Error93406.2T
R-Squared0.31
Significance0.03
Slope(44,601,389)
Total Sum of Squares1771279.8T

Workday Income Tax Expense History

2024-973.8 M
2023-1 B
2022106.8 M
2021-13.2 M
20207.3 M
2019-1.8 M
2018-5.5 M

About Workday Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Workday income statement, its balance sheet, and the statement of cash flows. Workday investors use historical funamental indicators, such as Workday's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Workday investors may use each financial statement separately, they are all related. The changes in Workday's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Workday's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Workday Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Workday. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-1 B-973.8 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Workday offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Workday's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Workday Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Workday Stock:
Check out the analysis of Workday Correlation against competitors.
For more information on how to buy Workday Stock please use our How to Invest in Workday guide.
Note that the Workday information on this page should be used as a complementary analysis to other Workday's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Workday's price analysis, check to measure Workday's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.
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Is Workday's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Workday. If investors know Workday will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Workday listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
5.21
Revenue Per Share
27.776
Quarterly Revenue Growth
0.168
Return On Assets
0.0076
Return On Equity
0.2021
The market value of Workday is measured differently than its book value, which is the value of Workday that is recorded on the company's balance sheet. Investors also form their own opinion of Workday's value that differs from its market value or its book value, called intrinsic value, which is Workday's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Workday's market value can be influenced by many factors that don't directly affect Workday's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Workday's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workday is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workday's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.