Number Of Employees (Historical) Formula in Excel

Leverage the Number Of Employees (Historical) formula in Excel with MarketXLS to quickly retrieve the historical number of employees for a specified company and reporting period. This powerful function helps investors, analysts, and business users examine workforce trends over time and compare them across different years or quarters.

Understanding Number Of Employees (Historical)

  • Purpose: This formula returns the historical number of employees a company reported for a given year or quarter.
  • Use Cases:
    • Compare workforce trends over multiple years or quarters.
    • Conduct competitor analysis by comparing similar employee data across companies.
    • Track company growth to determine how a workforce size correlates to performance.
  • Key Benefits:
    • Provides quick and easy access to fundamental data in Excel.
    • Eliminates the need to manually gather workforce data from multiple sources.

Syntax and Parameters

Use the hf_Number_of_Employees function to retrieve the historical employee count for a given symbol, year, and optional quarter and TTM period.

=hf_Number_of_Employees(Symbol, Year, [Quarter], [TTM])
Parameter Description Required Example
Symbol The ticker symbol or identifier of the company or asset. Yes "MSFT", "^SPX", "@MSFT 110122C00020000", "BTCUSD:DEFAULT"
Year The reporting year or a special reference like "ly" (last year). Yes "2022", "ly", "ly-1"
Quarter The calendar quarter (1, 2, 3, or 4) for historical data. No "1", "2", "3", "4"
TTM Use "TTM" (Trailing Twelve Months) to retrieve 12-month data. No "TTM"

?? Note: The function returns "NA" when data is invalid, missing, or if the license plan does not support this request.

Return Value

The function returns a numeric value representing the total number of employees for the specified symbolic reference and reporting period. If the data is unavailable, "NA" is returned.

Error Handling

  • If the symbol is invalid or missing, "NA" is returned.
  • If the year or quarter format is incorrect, the function may return "NA".
  • If the request exceeds license limitations, "NA" is returned.

? Pro Tip: For performance considerations, request only the data you need. Using multiple fundamental functions across large data sets can impact spreadsheet speed.

Examples and Usage

Below are some practical examples demonstrating how to use hf_Number_of_Employees in Excel:

  1. Retrieve the number of employees for Microsoft in 2022:

    =hf_Number_of_Employees("MSFT", 2022)
  2. Return the employee count for Microsoft in the second quarter of 2022:

    =hf_Number_of_Employees("MSFT", 2022, 2)
  3. Fetch the trailing twelve months (TTM) data for Microsoft in the third quarter of 2022:

    =hf_Number_of_Employees("MSFT", 2022, 3, "TTM")
  4. Retrieve last quarter’s data:

    =hf_Number_of_Employees("MSFT", "lq")
  5. Fetch data for one quarter prior (last quarter minus one):

    =hf_Number_of_Employees("MSFT", "lq-1")
  6. Retrieve the last year’s data:

    =hf_Number_of_Employees("MSFT", "ly")
  7. Fetch data for the last year minus one:

    =hf_Number_of_Employees("MSFT", "ly-1")
  8. Retrieve the last 12 months of data:

    =hf_Number_of_Employees("MSFT", "lt")
  9. Retrieve previous last 12 months data:

    =hf_Number_of_Employees("MSFT", "lt-1")

?? Note: While year is typically a numeric or relative reference (e.g., "ly" for last year), it can sometimes be derived from date cells or Excel date functions. However, passing raw dates (e.g., "2024-03-15") directly is not relevant here, since this function specifically expects a year or special string references.

Common Questions

  1. How do I handle errors or "NA" results?

    • Double-check the ticker symbol, year or quarter format, and confirm your plan supports the request. If all are valid, the data may not be available for the specified period.
  2. What if I need to compare multiple historical periods at once?

    • You can set up multiple cells with different year and quarter inputs to create a full historical summary.
  3. Do I need a special subscription?

    • Yes. Certain fundamental metrics may require higher subscription levels. If you get repeated "NA" for valid inputs, check your MarketXLS plan.
  4. Can I use this function with other MarketXLS formulas?

    • Absolutely. You can combine it with formulas like Revenue (Historical), R & D Expenses (Historical), and more to build a comprehensive financial dashboard.

Looking for related fundamental metrics? Try:

  • Revenue (Historical): Retrieve the company’s total revenue for a specified historical period.
  • Cost Of Revenue (Historical): Get the total cost of revenue historically.
  • Gross Profit (Historical): Find the company’s gross profit over set periods.
  • R & D Expenses (Historical): Examine research and development spending over time.
  • Selling General and Administrative Expense (Historical): See SG&A costs historically.

Use the Number Of Employees (Historical) formula to uncover trends in a company’s workforce and gain insights into operational growth. Combining this data with other fundamental metrics enables deeper financial analysis and more informed decision-making.