PLTR vs. WDAY
PLTR (Palantir Technologies Inc.) and WDAY (Workday, Inc.) are both stocks. Both are in the Technology sector — PLTR in Software - Infrastructure, WDAY in Software - Application. Over the past 5 years, PLTR returned 41.48%/yr vs -7.31%/yr for WDAY. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
PLTR vs. WDAY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLTR achieves a -30.77% return, which is significantly lower than WDAY's -25.35% return.
PLTR
- 1D
- 0.65%
- 1M
- -2.12%
- 6M
- -16.05%
- YTD
- -30.77%
- 1Y
- -22.29%
- 3Y*
- 83.27%
- 5Y*
- 41.48%
- 10Y*
- —
- ALL TIME*
- 53.79%
WDAY
- 1D
- 1.41%
- 1M
- 23.08%
- 6M
- -8.71%
- YTD
- -25.35%
- 1Y
- -30.10%
- 3Y*
- -12.56%
- 5Y*
- -7.31%
- 10Y*
- 7.15%
- ALL TIME*
- 9.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.87B | $4.57B | $5.46B | |
WDAY Workday, Inc. | $770.79M | $685.96M | $691.12M |
PLTR vs. WDAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PLTR Palantir Technologies Inc. | -30.77% | 135.03% | 340.48% | 167.45% | -64.74% | -22.68% | 135.50% |
WDAY Workday, Inc. | -25.35% | -16.76% | -6.53% | 64.98% | -38.75% | 14.01% | 8.53% |
Correlation
The correlation between PLTR and WDAY is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.43 |
The correlation between PLTR and WDAY shifts across timeframes, from 0.30 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PLTR:
$282.55B
WDAY:
$42.00B
PLTR:
$0.89
WDAY:
$3.23
PLTR:
138.56
WDAY:
49.69
PLTR:
0.81
WDAY:
0.03
PLTR:
60.51
WDAY:
4.27
PLTR:
37.44
WDAY:
6.10
PLTR:
$5.22B
WDAY:
$9.85B
PLTR:
$4.39B
WDAY:
$7.66B
PLTR:
$2.01B
WDAY:
$1.57B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PLTR vs. WDAY — Risk / Return Rank
PLTR
WDAY
PLTR vs. WDAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and Workday, Inc. (WDAY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PLTR | WDAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.92 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | -0.55 | +0.09 |
| Martin ratioReturn relative to average drawdown | -0.87 | -0.90 | +0.03 |
Loading charts...
Drawdowns
PLTR vs. WDAY - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, which is greater than WDAY's maximum drawdown of -63.38%. Use the drawdown chart below to compare losses from any high point for PLTR and WDAY.
Loading charts...
Drawdown Indicators
| PLTR | WDAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -63.38% | -21.24% |
Max Drawdown (1Y)Largest decline over 1 year | -48.22% | -54.58% | +6.36% |
Max Drawdown (3Y)Largest decline over 3 years | -48.22% | -63.38% | +15.16% |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | -63.38% | -15.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.38% | — |
Current DrawdownCurrent decline from peak | -40.60% | -47.81% | +7.21% |
Average DrawdownAverage peak-to-trough decline | -40.24% | -21.29% | -18.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.51% | 33.34% | -7.83% |
Volatility
PLTR vs. WDAY - Volatility Comparison
The current volatility for Palantir Technologies Inc. (PLTR) is 13.63%, while Workday, Inc. (WDAY) has a volatility of 19.91%. This indicates that PLTR experiences smaller price fluctuations and is considered to be less risky than WDAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLTR | WDAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.63% | 19.91% | -6.28% |
Volatility (6M)Calculated over the trailing 6-month period | 40.52% | 43.24% | -2.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.38% | 49.57% | +2.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.74% | 40.40% | +25.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.46% | 39.45% | +30.01% |
Dividends
PLTR vs. WDAY - Dividend Comparison
Neither PLTR nor WDAY has paid dividends to shareholders.
Financials
PLTR vs. WDAY - Financials Comparison
This section allows you to compare key financial metrics between Palantir Technologies Inc. and Workday, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PLTR vs. WDAY - Profitability Comparison
PLTR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Palantir Technologies Inc. reported a gross profit of 1.42B and revenue of 1.63B. Therefore, the gross margin over that period was 86.8%.
WDAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a gross profit of 2.13B and revenue of 2.54B. Therefore, the gross margin over that period was 83.8%.
PLTR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Palantir Technologies Inc. reported an operating income of 754.00M and revenue of 1.63B, resulting in an operating margin of 46.2%.
WDAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported an operating income of 338.00M and revenue of 2.54B, resulting in an operating margin of 13.3%.
PLTR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Palantir Technologies Inc. reported a net income of 870.53M and revenue of 1.63B, resulting in a net margin of 53.3%.
WDAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a net income of 222.00M and revenue of 2.54B, resulting in a net margin of 8.7%.
Frequently Asked Questions
PLTR and WDAY have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDAY has higher volatility (19.91%) compared to PLTR (13.63%). In terms of maximum drawdown, PLTR dropped -84.62% vs WDAY's -63.38%.
PLTR currently has the higher Sharpe Ratio (-0.43 vs -0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PLTR and WDAY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer