Workiva Inc. (WK) Key Metrics
WK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $4.10B
- Enterprise value
- $3.78B
- P/E (TTM)
- 89.7
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 4.2 10-yr median 7.4
- Price / book
- — 10-yr median 80.2
- EV / EBITDA
- 50.0
- Dividend yield
- —
- Beta
- 0.52
WK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsWK valuation Price multiples at each fiscal year-end price.
Price / sales−33.1%
5.5
2025 · hover or tap a bar for each year
20162025
Price / free cash flow−50.0%
35.2
2025 · hover or tap a bar for each year
20162025
Free cash flow yield+1.4 pts
2.8%
2025 · hover or tap a bar for each year
20162025
WK returns How much profit the business earns on the capital it uses.
Return on assets+2.4 pts
−1.8%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin+3.9 pts
15.6%
2025 · hover or tap a bar for each year
20162025
Asset turnover+8.3%
0.62
2025 · hover or tap a bar for each year
20162025
WK per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+17.8%
$15.72
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$0.47
2025 · hover or tap a bar for each year
20162025
Free cash flow per share+57.6%
$2.45
2025 · hover or tap a bar for each year
20162025
Book value per share
−$0.10
2025 · hover or tap a bar for each year
20162025
Shares outstanding+1.7%
56.3M
2025 · hover or tap a bar for each year
20162025
WK financial health Debt, liquidity and how easily interest is covered.
Net debt−$60.7M
−$83.8M
2025 · hover or tap a bar for each year
20162025
Current ratio−11.4%
1.57
2025 · hover or tap a bar for each year
20162025
Interest coverage
-3.3
2025 · hover or tap a bar for each year
20162025
Debt / assets−6.7%
0.54
2025 · hover or tap a bar for each year
20162025
WK efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−2 days
70 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding+2 days
16 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle−4 days
54 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue0.0 pts
0.2%
2025 · hover or tap a bar for each year
20162025
Dividends + buybacks / FCF+38.6 pts
51.9%
2025 · hover or tap a bar for each year
20162025
WK valuation history
Fiscal year-endToday10-year median
WK returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WK debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WK cash returned to shareholders
DividendsBuybacksFree cash flow
WK price vs earnings per share
Share price at year-endEPS (right axis)
WK key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.85B | $6.06B | $5.49B | $4.45B | $6.67B | $4.44B | $1.95B | $1.57B | $890.6M | $555.2M |
| Enterprise value | $4.77B | $6.04B | $5.47B | $4.39B | $6.48B | $4.24B | $1.78B | $1.49B | $833.5M | $513.5M |
| Price / sales | 5.5 | 8.2 | 8.7 | 8.3 | 15.1 | 12.6 | 6.5 | 6.4 | 4.3 | 3.1 |
| Price / book | — | — | — | 743.2 | 91.4 | 69.1 | 35.9 | — | — | — |
| Price / free cash flow | 35.2 | 70.4 | 80.2 | 576.3 | 144.7 | 142.8 | 71.9 | 311.6 | 215.4 | — |
| Price / operating cash flow | 34.7 | 69.1 | 77.5 | 392.3 | 133.8 | 133.5 | 63.0 | 244.7 | 161.3 | — |
| EV / sales | 5.4 | 8.2 | 8.7 | 8.2 | 14.6 | 12.1 | 6.0 | 6.1 | 4.0 | 2.9 |
| EV / free cash flow | 34.6 | 70.1 | 79.9 | 568.8 | 140.6 | 136.4 | 65.8 | 295.7 | 201.6 | — |
| Earnings yield | −0.5% | −0.9% | −2.3% | −2.0% | −0.6% | −1.1% | −2.4% | −3.2% | −5.0% | −7.9% |
| Free cash flow yield | 2.8% | 1.4% | 1.2% | 0.2% | 0.7% | 0.7% | 1.4% | 0.3% | 0.5% | −2.2% |
| Dividend yield | — | — | — | 0.0% | 0.0% | 0.3% | 1.5% | — | — | 0.0% |
| Shareholder yield (dividends + buybacks) | 1.5% | 0.2% | 0.2% | 0.3% | 0.4% | 0.6% | 1.5% | 0.1% | 0.1% | 0.1% |
| Share price at fiscal year-end | $86.25 | $109.50 | $101.53 | $83.97 | $130.49 | $91.62 | $42.05 | $35.89 | $21.40 | $13.65 |
| Per share | ||||||||||
| Revenue per share | $15.72 | $13.34 | $11.65 | $10.16 | $8.67 | $7.26 | $6.43 | $5.60 | $4.99 | $4.39 |
| Earnings per share | −$0.47 | −$0.99 | −$2.36 | −$1.72 | −$0.74 | −$1.00 | −$1.03 | −$1.15 | −$1.07 | −$1.08 |
| Operating cash flow per share | $2.49 | $1.58 | $1.31 | $0.21 | $0.97 | $0.69 | $0.67 | $0.15 | $0.13 | −$0.25 |
| Free cash flow per share | $2.45 | $1.56 | $1.27 | $0.15 | $0.90 | $0.64 | $0.58 | $0.12 | $0.10 | −$0.31 |
| Cash per share | $15.84 | $14.75 | $15.04 | $8.14 | $10.38 | $10.94 | $10.54 | $2.25 | $1.84 | $1.54 |
| Book value per share | −$0.10 | −$0.75 | −$1.65 | $0.11 | $1.43 | $1.33 | $1.17 | −$0.22 | −$0.41 | −$0.08 |
| Tangible book value per share | −$4.16 | −$4.80 | −$4.15 | −$2.49 | $0.55 | $1.29 | $1.13 | −$0.25 | −$0.43 | −$0.10 |
| Dividends per share | — | — | — | $0.00 | $0.03 | $0.26 | $0.62 | — | — | $0.00 |
| Capex per share | $0.04 | $0.03 | $0.04 | $0.07 | $0.07 | $0.04 | $0.08 | $0.03 | $0.03 | $0.05 |
| Debt per share | $14.36 | $14.33 | $14.66 | $7.05 | $6.61 | $6.80 | $6.98 | $0.42 | $0.47 | $0.52 |
| Shares outstanding | 56.3M | 55.4M | 54.1M | 53.0M | 51.1M | 48.4M | 46.3M | 43.6M | 41.6M | 40.7M |
| Change in shares outstanding | +1.7% | +2.3% | +2.2% | +3.6% | +5.5% | +4.6% | +6.1% | +4.9% | +2.3% | +2.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | — | — | −230.4% | −55.0% | −81.7% | −213.6% | — | — | — |
| Return on assets (ROA) | −1.8% | −4.3% | −12.5% | −11.3% | −5.1% | −7.2% | −10.9% | −25.8% | −29.5% | −30.6% |
| Return on tangible assets | −2.1% | −4.8% | −11.8% | −13.3% | −5.1% | −6.9% | −7.5% | −21.8% | −28.4% | −30.9% |
| Free cash flow margin | 15.6% | 11.7% | 10.9% | 1.4% | 10.4% | 8.8% | 9.1% | 2.1% | 2.0% | −7.0% |
| Financial health | ||||||||||
| Total debt | $807.8M | $793.3M | $793.2M | $373.2M | $337.7M | $329.6M | $323.3M | $18.4M | $19.6M | $21.1M |
| Cash & short-term investments | $891.6M | $816.4M | $813.7M | $430.8M | $530.4M | $530.0M | $488.0M | $98.3M | $76.7M | $62.7M |
| Net debt | −$83.8M | −$23.1M | −$20.5M | −$57.6M | −$192.7M | −$200.4M | −$164.7M | −$79.9M | −$57.1M | −$41.6M |
| Debt / equity | — | — | — | 62.37 | 4.63 | 5.13 | 5.96 | — | — | — |
| Debt / assets | 0.54 | 0.58 | 0.65 | 0.46 | 0.43 | 0.47 | 0.51 | 0.08 | 0.12 | 0.15 |
| Net debt / EBITDA | −61.98 | — | — | — | — | — | — | — | — | — |
| Current ratio | 1.57 | 1.77 | 2.08 | 1.47 | 1.02 | 2.25 | 2.46 | 0.93 | 0.89 | 0.98 |
| Quick ratio | 1.57 | 1.77 | 2.00 | 1.38 | 1.02 | 2.25 | 2.40 | 0.93 | 0.89 | 0.98 |
| Interest coverage | -3.3 | -5.9 | -1.8 | -14.7 | -2.1 | -2.7 | -7.5 | -27.3 | -24.0 | -23.2 |
| Working capital | $420.7M | $455.8M | $524.4M | $193.1M | $10.6M | $351.3M | $339.1M | −$14.3M | −$14.0M | −$1.8M |
| Invested capital | −$89.2M | −$64.8M | −$109.9M | −$51.6M | −$119.7M | −$136.2M | −$110.5M | −$89.7M | −$74.0M | −$44.7M |
| Tangible asset value | −$233.9M | −$265.9M | −$224.4M | −$132.0M | $28.0M | $62.7M | $52.6M | −$11.0M | −$18.1M | −$4.1M |
| Net current asset value | −$336.6M | −$361.9M | −$299.3M | −$213.5M | −$56.7M | −$9.6M | −$13.5M | −$63.6M | −$59.4M | −$48.2M |
| Graham net-net per share | −$8.40 | −$8.58 | −$6.94 | −$5.27 | −$2.41 | −$1.21 | −$0.92 | −$2.13 | −$1.82 | −$1.61 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $12,000 | $1.7M | $12.8M | $28.7M | — | — | $0 |
| Share buybacks (net) | $71.6M | $11.5M | $9.5M | $12.5M | $27.1M | $13.7M | $390,000 | $1.9M | $1.1M | $761,000 |
| Dividends + buybacks / free cash flow | 51.9% | 13.3% | 13.8% | 162.7% | 62.5% | 85.0% | 107.4% | 37.0% | 27.2% | — |
| Capex / revenue | 0.2% | 0.2% | 0.4% | 0.7% | 0.8% | 0.6% | 1.3% | 0.6% | 0.7% | 1.2% |
| Capex / operating cash flow | 1.5% | 1.8% | 3.3% | 31.9% | 7.5% | 6.5% | 12.4% | 21.5% | 25.1% | — |
| Capex / depreciation | 0.19 | 0.14 | 0.21 | 0.35 | 0.72 | 0.50 | 1.00 | 0.36 | 0.39 | 0.55 |
| Stock-based compensation / revenue | 13.9% | 13.8% | 15.7% | 13.1% | 11.0% | 13.0% | 12.0% | 12.6% | 9.4% | 8.0% |
| R&D / revenue | 24.3% | 26.1% | 27.4% | 28.2% | 26.1% | 27.0% | 30.2% | 33.4% | 32.8% | 32.2% |
| SG&A / revenue | 59.0% | 60.9% | 63.1% | 64.1% | 57.1% | 58.1% | 56.5% | 60.0% | 59.5% | 63.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 69.8 | 72.0 | 71.1 | 65.6 | 62.8 | 69.9 | 79.0 | 71.7 | 47.3 | 41.4 |
| Days of inventory on hand | — | — | 91.6 | 53.9 | 0.0 | — | 30.3 | 0.0 | 0.0 | — |
| Days payables outstanding | 16.0 | 13.7 | 13.5 | 14.5 | 12.2 | 20.0 | 26.9 | 23.6 | 11.8 | 21.2 |
| Cash conversion cycle (days) | 53.8 | 58.2 | 149.2 | 105.0 | 50.5 | 49.9 | 82.4 | 48.1 | 35.4 | 20.3 |
| Receivables turnover | 5.23 | 5.07 | 5.13 | 5.56 | 5.81 | 5.22 | 4.62 | 5.09 | 7.72 | 8.81 |
| Payables turnover | 22.83 | 26.57 | 27.11 | 25.25 | 29.85 | 18.22 | 13.58 | 15.46 | 30.82 | 17.25 |
| Inventory turnover | — | — | 3.99 | 6.77 | 103,833,000.00 | — | 12.05 | 65,860,000.00 | 60,245,000.00 | — |
| Asset turnover | 0.62 | 0.57 | 0.62 | 0.67 | 0.59 | 0.52 | 0.68 | 1.26 | 1.38 | 1.24 |
| Average receivables | $169.0M | $145.6M | $122.8M | $96.7M | $76.2M | $67.4M | $64.5M | $48.0M | $26.9M | $20.3M |
| Average payables | $8.3M | $6.5M | $5.7M | $5.1M | $3.5M | $5.0M | $6.3M | $4.3M | $2.0M | $3.0M |
| Average inventory | — | — | $38.7M | $19.2M | $1 | — | $7.1M | $1 | $1 | — |
| Intangibles / total assets | 15.3% | 16.4% | 11.1% | 16.8% | 5.7% | 0.2% | 0.3% | 0.5% | 0.7% | 0.7% |
Computed from WK's annual financial statements (latest annual report filed February 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
WK valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 89.7. It ended the year with $807.8 million of debt and $891.6 million in cash and short-term investments, a net cash position of $83.8 million. It returned $71.6 million to shareholders: $0 in dividends and $71.6 million in share buybacks, 52% of free cash flow. The share count rose 38.4% from 40.7M to 56.3M over 9 years.
See the WK income statement, the WK chart for price history, or the WK stock overview for the latest quote and news.
WK key metrics FAQ
What is Workiva's P/E ratio?
Workiva's trailing P/E ratio is 89.7 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was —.
How much debt does Workiva have?
Workiva had total debt of $807.8 million at the end of fiscal 2025 and more cash than debt.
Does Workiva buy back its shares?
Yes. Workiva spent $71.6 million on net share repurchases in fiscal 2025 Shares outstanding changed +1.7% over the year, to 56.3M..
What is Workiva's free cash flow yield?
Workiva generated $138.0 million of free cash flow in fiscal 2025, a free cash flow yield of 2.8% on its market value at year-end ($4.9 billion).
What is Workiva's current ratio?
Workiva's current ratio was 1.57 at the end of fiscal 2025: current assets were 1.57 times current liabilities.