Workiva (WK) EV to FCF (2017 - 2026)
Workiva's (WK) EV to FCF stood at 9.02 in Q2 2026, down 69.1% from 29.21 a year earlier and down 37.9% from the prior quarter.
Workiva (WK) EV to FCF (2017 - 2026) Analysis & Trends
On a TTM basis, Workiva's EV to FCF came in at -4.00 as of Jun 30, 2026; for FY2025, it came in at 28.74, down 52.8% from FY2024.
- Annual EV to FCF has declined for three straight years.
- Across earlier years, EV to FCF came in at 60.92 in FY2024 (-10.6%), 68.17 in FY2023 (-86.5%), 506.65 in FY2022 (+279.5%) and 133.50 in FY2021 (+6.3%).
- The Q2 2026 figure is the lowest quarterly EV to FCF in data going back to Q1 2017.
- On a year-over-year basis, EV to FCF has declined for five consecutive quarters, with an average decline of 37.5% over the last eight quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 279.5% in Q4 2022, against a decline of 87.3% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.53 (Q1 2026), 28.74 (Q4 2025) and 30.40 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 449.46 Bn | 418.52 Bn | 1.64 Bn |
| 2 | Oracle | 415.29 Bn | 287.84 Bn | - |
| 3 | Sap Se | 256.30 Bn | 177.39 Bn | 8.40 Bn |
| 4 | Salesforce | 188.94 Bn | 144.82 Bn | 8.70 Bn |
| 5 | ServiceNow | 138.57 Bn | 117.03 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 102.66 Bn | 84.78 Bn | 2.51 Bn |
| 7 | Intuit | 74.00 Bn | 53.35 Bn | 3.44 Bn |
| 8 | Relx | 60.34 Bn | 57.31 Bn | - |
| 9 | Strategy | 53.88 Bn | 46.87 Bn | 81.55 Mn |
| 10 | Workiva | 3.60 Bn | 172.73 Mn | 205.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.02 |
| Mar 31, 2026 | 14.53 |
| Dec 31, 2025 | 28.74 |
| Sep 30, 2025 | 30.40 |
| Jun 30, 2025 | 29.21 |
| Mar 31, 2025 | 64.67 |
| Dec 31, 2024 | 60.92 |
| Sep 30, 2024 | 53.70 |
| Jun 30, 2024 | 52.22 |
| Mar 31, 2024 | 43.25 |
| Dec 31, 2023 | 68.17 |
| Sep 30, 2023 | 110.92 |
| Jun 30, 2023 | 155.32 |
| Mar 31, 2023 | 340.70 |
| Dec 31, 2022 | 506.65 |
| Sep 30, 2022 | 196.92 |
| Jun 30, 2022 | 99.77 |
| Mar 31, 2022 | 164.28 |
| Dec 31, 2021 | 133.50 |
| Sep 30, 2021 | 129.19 |
Workiva EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=WK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "WK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=WK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();