Workday, Inc.
—- Market cap
- —
- Debt
- +$2.99B
- Cash
- −$5.44B
Complete market value, debt and cash evidence is required for enterprise value.
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
WDAY · price snapshot
—Price unavailable
Implied fair value · at ADP's multiple
—
Needs ADP P/E.
ADP · price snapshot
—Price unavailable
Implied fair value · at WDAY's multiple
—
Needs WDAY P/E.
Metric by metric
Smart diff
Where each company leads, and how wide the gap is.
6 metrics shown
MetricWDAYADPDifference (WDAY − ADP)
Revenue growth (YoY)
Growth edge
13.1%
6.7%
WDAY: higher Revenue growth (YoY) by 6.4 percentage points
Gross margin
Pricing power
N/M
46.4%
Insufficient data
EBITDA margin
Operating leverage
14.2%
32.0%
ADP: higher EBITDA margin by 17.8 percentage points
EV/Revenue
Lower is better
N/M
N/M
Insufficient data
P/E
Not comparable
N/M
N/M
Not comparable
Net debt / EBITDA
Lower leverage
-1.8
0.1
WDAY: lower Net debt / EBITDA by 1.9
Statements
Side-by-side financials
Core statements aligned to each company's latest fiscal year.
Income statement · USDWDAY · FY 2026ADP · FY 2026Delta
Revenue$9.55B$21.95B−$12.40B
Gross profit—$10.19B—
Operating income$721.00M——
EBITDA$1.36B$7.01B−$5.66B
Net income$693.00M$4.41B−$3.72B
EPS2.610.9−8.3
Revenue growth13.1%6.7%+6.4 pp
Gross margin—46.4%—
Operating margin7.5%——
EBITDA margin14.2%32.0%−17.8 pp
Net margin7.3%20.1%−12.9 pp
SEC periods: WDAY FY 2026 (ended Jan 31, 2026) · ADP FY 2026 (ended Jun 30, 2026). Fiscal years are not aligned.
Trendline
Historical trends
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
WDAYADP
Price framework
Enterprise value
Market cap plus debt, less cash.
Automatic Data Processing, Inc.
—Price framework
Intrinsic value (DCF)
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
WORKDAY, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
AUTOMATIC DATA PROCESSING, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Solvency
Financial health checks to separate durable balance sheets from potential value traps.
Piotroski F-Score
Financial strength on a 0–9 scale.
6/ 9 · WDAYModerate
5/ 9 · ADPModerate
Altman Z-Score
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Comparable set
Relative positioning
Where the pair sits against the wider comparable set.
Keep comparing
More comparisons
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.