Workday, Inc.WDAY

Where WDAY's EV/EBITDA sits inside its own 10-year distribution, with the yearly high, low and average.

$195.79-11.13 (-5.38%)Previous close
NASDAQTechnology

WDAY EV/EBITDA: current value, 10-year range and year-by-year history

34.1Near historic low

WDAY's ev/ebitda is lower than 95% of the last 10 years.

EV/EBITDA History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
WDAY EV/EBITDA historyWDAY EV/EBITDA from Sep 2023 to Sep 2026: low 19.11, high 160.18, latest 34.12.7.8348.7489.65130.56171.46Sep 23Apr 24Nov 24Jun 25Feb 26Sep 26med 64.9

WDAY EV/EBITDA by year

Yearly range of WDAY’s ev/ebitda from 2020 to 2026. Over the full period it ranged from 19.1 to 2,271.0, averaging 229.9.

WDAY EV/EBITDA — yearly low, average, high and year-end values
YearLowAverageHighYear-end
202619.127.544.034.1
202544.458.571.944.7
202459.482.9145.466.2
2023104.5184.6270.8135.5
2022103.4172.9271.4253.9
2021172.7490.42,079.8180.8
20201,819.31,997.12,271.02,114.5

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An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.

Formula(Market Cap + Net Debt) / EBITDA
Full guide
How to read this chart

Unlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.

Key caveats
  • EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
  • Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.

Is WDAY EV/EBITDA High or Low Right Now?

Workday, Inc.'s EV/EBITDA is currently 34.1, which is near historic low relative to its 10-year historical range. The 10-year median EV/EBITDA for WDAY is approximately 126.4. See all WDAY valuation metrics →

Pro — up to 30-year history

Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.