Income Per Employee (Historical) Formula in Excel

Income Per Employee (Historical) is a powerful Excel formula provided by MarketXLS that retrieves the net profit earned per employee for a given company over a specified historical period. Using this formula, you can quickly analyze how efficiently a business utilizes its workforce to generate income.

Understanding Income Per Employee (Historical)

Income Per Employee (Historical) helps investors and analysts:

• Assess a company’s profitability relative to its workforce size.
• Compare employee-driven profitability against industry peers or historical data.
• Evaluate trends in operational efficiency over various time frames such as yearly, quarterly, and trailing twelve months (TTM).

? Pro Tip: Pair this formula with other historical fundamental formulas like Revenue (Historical) or Gross Profit (Historical) for deeper insights.

Syntax and Parameters

Use the hf_Income_per_Employee function in Excel to fetch Income Per Employee data:

=hf_Income_per_Employee(Symbol, Year, [Quarter], [TTM])

?? Note: If the function cannot retrieve valid data (e.g., invalid symbol or license issue), it returns "NA".

Return Value

• Returns a numeric value representing the net profit per employee for the specified time period.
• If a valid value is not found or an error occurs, "NA" is returned.

Special Cases and Performance

• You can use relative inputs ("lq", "ly", "lt") to fetch last quarter, last year, or last 12 months.
• A stable internet connection is required as data is retrieved from MarketXLS servers.
• For large workbooks, consider referencing cells to avoid repetitive recalculations.

Examples and Usage

Below are some practical examples of how to use hf_Income_per_Employee in Excel:

1. Basic Yearly Lookup

   =hf_Income_per_Employee("MSFT", 2022)

   Retrieves the net profit per employee for Microsoft in 2022.

2. Quarterly Check (Second Quarter)

   =hf_Income_per_Employee("MSFT", 2022, 2)

   Returns the net profit per employee for Microsoft in the second quarter of 2022.

3. Trailing Twelve Months from a Specific Quarter

   =hf_Income_per_Employee("MSFT", 2022, 3, "TTM")

   Fetches TTM data ending in the third quarter of 2022.

4. Relative Year or Quarter
   » Last quarter:

   =hf_Income_per_Employee("MSFT", "lq")

   » Previous last quarter:

   =hf_Income_per_Employee("MSFT", "lq-1")

   » Last year:

   =hf_Income_per_Employee("MSFT", "ly")

   » Previous last year:

   =hf_Income_per_Employee("MSFT", "ly-1")

5. Various Symbol Formats

   • Regular symbol:

     =hf_Income_per_Employee("MSFT", 2022)

   • Index:

     =hf_Income_per_Employee("^SPX", 2022)

   • Option contract:

     =hf_Income_per_Employee("@MSFT 110122C00020000", 2022)

   • Crypto symbol:

     =hf_Income_per_Employee("BTCUSD:DEFAULT", 2022)

6. Date Input Formats (if referencing a cell or dynamically setting a year):

   • Cell reference (assume A1 contains the year 2022):

     =hf_Income_per_Employee("MSFT", A1)

   • Direct “date” (used as a string for year simulation):

     =hf_Income_per_Employee("MSFT", "2024-03-15")

     (Internally, the function reads only the year if not using special codes.)
   • Using Excel date functions:

     =hf_Income_per_Employee("MSFT", TEXT(A1,"yyyy-mm-dd"))

? Pro Tip: Combine this formula with charts or conditional formatting to visually track changes in income per employee over time.

Common Questions

1. Why am I getting "NA"?

   • Invalid or misspelled symbol.
   • Expired or insufficient license plan.
   • Incorrect Year/Quarter/TTM parameters.

2. Does this formula work with all stocks?

   • Most publicly traded stocks are supported. Some smaller or international stocks may have limited data.

3. How often is the data updated?

   • The data is typically updated daily or quarterly, depending on the company’s reporting cycle.

4. Can I fetch multiple time periods at once?

   • You can enter multiple formulas in different cells or use references to vary parameters.

5. Are there performance concerns?

   • For large spreadsheets, repeated calls can slow down recalculations. Use cell references or batch updates to optimize performance.

?? Note: Always verify your data and formulas before making critical decisions. MarketXLS or data providers may adjust data without notice.

Thank you for learning about the Income Per Employee (Historical) formula. Combine it with other MarketXLS functions, such as Revenue (Historical), Cost of Revenue (Historical), and R & D Expenses (Historical), to gain deeper insights into a company’s financial performance.