Published on 29 Nov 2021 on Simply Wall St. via Yahoo Finance
With its stock down 4.3% over the past month, it is easy to disregard Workday (NASDAQ:WDAY). However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. In this article, we decided to focus on Workday's ROE.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
See our latest analysis for Workday