DOCU vs. WDAY: DocuSign vs. Workday Stock Comparison
How do DocuSign (DOCU) and Workday (WDAY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
DocuSign (DOCU) and Workday (WDAY) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
| Profile Item | DOCU | WDAY |
|---|---|---|
| Name | DocuSign Inc. | Workday Inc Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 14.51 billion USD | 46.49 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | April 27, 2018 | October 12, 2012 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOCU | WDAY |
|---|---|---|
| Total Return (1Y) | 12.03% | -14.74% |
| Total Return (3Y, Annualized) | 24.94% | -5.22% |
| Total Return (5Y, Annualized) | -22.27% | -8.14% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DOCU | WDAY |
|---|---|---|
| Volatility (1Y, Annualized) | 48.32% | 54.35% |
| Beta (5Y) | 0.79 | 1.01 |
| Max Drawdown (5Y) | -86.00% | -63.38% |
| Avg. Volume (3M) | 2.99M | 3.14M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOCU | WDAY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.16 | -0.35 |
| Sortino Ratio (1Y) | 0.23 | -0.54 |
Profitability
ROE (TTM)
Both DocuSign (DOCU) at 17.80% and Workday (WDAY) at 16.01% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
DOCU
Software & Services industry group
17.80%
- Max
- 53.85%
- Q3
- 17.90%
- DOCU
- 17.80%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
WDAY
Software & Services industry group
16.01%
- Max
- 53.85%
- Q3
- 17.90%
- WDAY
- 16.01%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Both DocuSign (DOCU) at 9.82% and Workday (WDAY) at 12.32% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
DOCU
Software & Services industry group
9.82%
- Max
- 41.17%
- Q3
- 15.28%
- DOCU
- 9.82%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
WDAY
Software & Services industry group
12.32%
- Max
- 41.17%
- Q3
- 15.28%
- WDAY
- 12.32%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both DocuSign (DOCU) at 13.43% and Workday (WDAY) at 11.82% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
DOCU
Software & Services industry group
13.43%
- Max
- 46.89%
- Q3
- 17.64%
- DOCU
- 13.43%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
WDAY
Software & Services industry group
11.82%
- Max
- 46.89%
- Q3
- 17.64%
- WDAY
- 11.82%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | DOCU | WDAY |
|---|---|---|
| ROE (TTM) | 17.80% | 16.01% |
| ROA (TTM) | 6.35% | 4.51% |
| Net Margin (TTM) | 9.82% | 12.32% |
| Operating Margin (TTM) | 13.43% | 11.82% |
| Gross Margin (TTM) | 79.61% | 75.80% |
Growth
Revenue Growth
Both DocuSign (DOCU) at 8.16% and Workday (WDAY) at 13.10% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Workday (WDAY) at 32.82% is around its peer norm for EPS growth, while DocuSign (DOCU) at -70.87% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DOCU | WDAY |
|---|---|---|
| Revenue Growth (YoY) | 8.16% | 13.10% |
| Revenue Growth (3Y CAGR) | 8.57% | 15.40% |
| EPS Growth (YoY) | -70.87% | 32.82% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Both DocuSign (DOCU) at 0.64 and Workday (WDAY) at 0.91 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
DOCU
Software & Services industry group
0.64
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- DOCU
- 0.64
- Min
- 0.03
WDAY
Software & Services industry group
0.91
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- WDAY
- 0.91
- Min
- 0.03
Debt / Equity (MRQ)
Both DocuSign (DOCU) at 0.11 and Workday (WDAY) at 0.58 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
DOCU
Software & Services industry group
0.11
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- DOCU
- 0.11
- Q1
- 0.07
- Min
- 0.00
WDAY
Software & Services industry group
0.58
- Max
- 2.52
- Q3
- 1.13
- WDAY
- 0.58
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | DOCU | WDAY |
|---|---|---|
| Current Ratio (MRQ) | 0.64 | 0.91 |
| Debt / Equity (MRQ) | 0.11 | 0.58 |
| Net Debt / EBITDA | -1.35 | 0.23 |
Dividends
Dividend Yield (TTM)
Neither DocuSign (DOCU) nor Workday (WDAY) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
DOCU
Software & Services industry group
0.00%
- DOCU
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WDAY
Software & Services industry group
0.00%
- WDAY
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither DocuSign (DOCU) nor Workday (WDAY) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
DOCU
Software & Services industry group
0.00%
- DOCU
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WDAY
Software & Services industry group
0.00%
- WDAY
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOCU | WDAY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both DocuSign (DOCU) at 47.32 and Workday (WDAY) at 39.29 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
DOCU
Software & Services industry group
47.32
- Max
- 112.94
- Q3
- 60.32
- DOCU
- 47.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
WDAY
Software & Services industry group
39.29
- Max
- 112.94
- Q3
- 60.32
- WDAY
- 39.29
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
On P/S ratio, both DocuSign (DOCU) at 4.32 and Workday (WDAY) at 4.58 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
DOCU
Software & Services industry group
4.32
- Max
- 17.91
- Q3
- 8.78
- DOCU
- 4.32
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
WDAY
Software & Services industry group
4.58
- Max
- 17.91
- Q3
- 8.78
- WDAY
- 4.58
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
On P/B ratio, both DocuSign (DOCU) at 8.50 and Workday (WDAY) at 7.20 are valued close to their industries’ norm against book — neither stands out from peers.
DOCU
Software & Services industry group
8.50
- Max
- 16.63
- DOCU
- 8.50
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
WDAY
Software & Services industry group
7.20
- Max
- 16.63
- Q3
- 8.50
- WDAY
- 7.20
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | DOCU | WDAY |
|---|---|---|
| P/E Ratio (TTM) | 47.32 | 39.29 |
| P/S Ratio (TTM) | 4.32 | 4.58 |
| P/B Ratio (MRQ) | 8.50 | 7.20 |
| Free Cash Flow Yield (TTM) | 9.05% | 6.55% |