Dayforce

Industrials Human Resource & Employment Services Minneapolis, Minnesota Last filing Feb 28, 2025 · FY2024

                    Revenue
                    FY2024
                
$1.8B
                    3y CAGR +19.8%
                    
                    P91
                    
                    +16.3%
                    
                    Net income
                    FY2024
                
$18.1M
                    Net margin +1.0%
                    
                    P3
                    
                    -67.0%
                    
                    Total assets
                    FY2024
                
$9.1B
                    ROA +0.2%
                    
                    P3
                    
                    +1.2%
                    
                    Operating cash flow
                    FY2024
                
$281.1M
                    FCF margin +15.2%
                    
                    P64
                    
                    +28.1%

11 yrs · FY2013–FY2024 1 gap (2014) 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Balance Sheet

Assets, liabilities, and equity

20 accounts · 5 years

Total assets $9.1B

Total liabilities $6.6B

Shareholders equity $2.5B

Account	2024	2023	2022	2021	2020
Assets
Cash and Cash Equivalents	$579.7M 1.6%	$570.3M 32.0%	$431.9M 17.5%	$367.5M 95.3%	$188.2M
Accounts Receivable	$287.6M 18.5%	$242.8M 28.3%	$189.3M 22.8%	$154.2M 42.0%	$108.6M
Total Current Assets	$6.0B 0.5%	$6.0B 21.7%	$4.9B 18.1%	$4.1B 0.5%	$4.1B
Property,Plant and Equipment	$223.7M 6.5%	$210.1M 20.1%	$174.9M 36.4%	$128.2M -6.0%	$136.4M
Operating Lease Assets	$12.3M -35.6%	$19.1M -21.4%	$24.3M -17.3%	$29.4M 5.4%	$27.9M
Goodwill	$2.3B 1.9%	$2.3B 0.6%	$2.3B -1.9%	$2.3B 14.4%	$2.0B
Intangible Assets	$189.2M -17.8%	$230.2M -18.3%	$281.6M -15.3%	$332.5M 70.5%	$195.0M
Other Noncurrent Assets	$139.8M -53.8%	$302.4M 15.2%	$262.4M 25.9%	$208.4M 11.1%	$187.6M
Total Assets	$9.1B 1.2%	$9.0B 13.8%	$7.9B 10.5%	$7.2B 6.9%	$6.7B
Liabilities
Accounts Payable	$77.0M 15.4%	$66.7M 22.8%	$54.3M 5.0%	$51.7M 32.9%	$38.9M
Accrued Liabilities	$31.5M 3.6%	$30.4M 26.7%	$24.0M -2.8%	$24.7M 20.5%	$20.5M
Total Current Liabilities	$5.3B -0.4%	$5.3B 17.7%	$4.5B 21.2%	$3.7B -3.2%	$3.9B
Operating Lease Liabilities Noncurrent	$10.8M -42.9%	$18.9M -20.3%	$23.7M -27.5%	$32.7M -2.7%	$33.6M
Other Noncurrent Liabilities	$30.1M 42.7%	$21.1M 8.2%	$19.5M 2.6%	$19.0M -7.8%	$20.6M
Total Liabilities	$6.6B -0.6%	$6.6B 13.9%	$5.8B 17.6%	$4.9B 7.3%	$4.6B
Equity
Common Stock	$1.6M 0.0%	$1.6M 6.7%	$1.5M 0.0%	$1.5M 0.0%	$1.5M
Additional Paid In Capital	$3.4B 6.7%	$3.2B 6.3%	$3.0B 3.7%	$2.9B 9.7%	$2.6B
Retained Earnings	$-335.8M -5.7%	$-317.8M 14.7%	$-372.6M -20.5%	$-309.2M -32.2%	$-233.8M
Total Stockholders Equity	$2.5B 6.2%	$2.4B 13.7%	$2.1B -5.3%	$2.2B 6.2%	$2.1B
Total Liabilitiesand Equity	$9.1B 1.2%	$9.0B 13.8%	$7.9B 10.5%	$7.2B 6.9%	$6.7B

Income Statement

Revenue, expense, and profitability

10 accounts · 5 years

Revenue $1.8B

Operating income $104.1M

Net income $18.1M

Account	2024	2023	2022	2021	2020
IncomeStatement
Revenues Total Revenue	$1.8B 16.3%	$1.5B 21.5%	$1.2B 21.7%	$1.0B 21.6%	$842.5M
Expenses Cost of Revenue	$947.9M 9.3%	$867.2M 12.2%	$773.0M 20.4%	$641.9M 28.1%	$501.2M
Expenses Selling,General and Administrative	$366.0M 39.1%	$263.2M -47.3%	$499.0M 19.4%	$417.8M 25.3%	$333.5M
Expenses Research and Development	$123.0M 9.8%	$112.0M 21.3%	$92.3M 13.8%	$81.1M 104.8%	$39.6M
Other Income Expense Gross Profit	$812.1M 25.6%	$646.5M 36.6%	$473.2M 23.8%	$382.3M 12.0%	$341.3M
Other Income Expense Interest Expense	$40.6M 12.5%	$36.1M 26.2%	$28.6M -20.3%	$35.9M 43.0%	$25.1M
Earnings Per Share Basic Eps	$0 -68.6%	$0 172.9%	$-0 4.0%	$-0 -1566.7%	$-0
Earnings Per Share Diluted Eps	$0 -68.6%	$0 172.9%	$-0 4.0%	$-0 -1566.7%	$-0
Earnings Per Share Weighted Average Shares Basic	$157.8M 1.6%	$155.3M 1.6%	$152.9M 1.7%	$150.4M 2.5%	$146.8M
Earnings Per Share Weighted Average Shares Diluted	$160.4M 1.2%	$158.5M 3.7%	$152.9M 1.7%	$150.4M 2.5%	$146.8M

Cash Flow Statement

Operating, investing, and financing flows

8 accounts · 5 years

Operating cash flow $281.1M

Investing cash flow $-471.9M

Financing cash flow $59.6M

Account	2024	2023	2022	2021	2020
CashFlow
Operating Activities net Income	$18.1M -67.0%	$54.8M 174.7%	$-73.4M 2.7%	$-75.4M -1785.0%	$-4.0M
Operating Activities Depreciation and Amortization	$89.8M 24.7%	$72.0M 23.9%	$58.1M 8.4%	$53.6M 11.7%	$48.0M
Operating Activities Deferred Income Taxes	$-34.1M -931.7%	$4.1M 341.2%	$-1.7M 95.6%	$-38.5M -450.0%	$-7.0M
Operating Activities Changes In Operating Assets and Liabilities	$-1.1M -105.3%	$20.8M 258.6%	$5.8M -67.4%	$17.8M 217.9%	$5.6M
Operating Activities net Cash From Operating Activities	$281.1M 28.1%	$219.5M 65.5%	$132.6M 171.7%	$48.8M 261.6%	$-30.2M
Investing Activities net Cash From Investing Activities	$-471.9M -132.7%	$-202.8M 40.8%	$-342.5M 51.8%	$-711.1M -1932.7%	$38.8M
Financing Activities net Cash From Financing Activities	$59.6M -75.4%	$242.0M -68.3%	$764.6M 55.4%	$491.9M -13.0%	$565.3M
Cash Reconciliation net Change In Cash	$-167.5M -162.0%	$270.2M -46.8%	$507.9M 364.9%	$-191.7M -133.6%	$569.9M

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 5 years

Ratio	2024	2023	2022	2021	2020
Profitability
Gross margin	+46.1%	+42.7%	+38.0%	+37.3%	+40.5%
Operating margin	+5.9%	+8.8%	-2.1%	-3.5%	+0.9%
Net margin	+1.0%	+3.6%	-5.9%	-7.4%	-0.5%
FCF margin	+15.2%	+13.2%	+9.0%	+3.6%	-5.7%
Growth
Revenue CAGR (3y)	+19.8%	+21.6%	+14.8%	+11.4%	+7.6%
Returns
ROE	+0.7%	+2.3%	-3.5%	-3.4%	-0.2%
ROA	+0.2%	+0.6%	-0.9%	-1.1%	-0.1%
ROIC	+2.5%	+4.2%	-1.5%	-1.9%	+0.4%
Liquidity
Current ratio	1.13x	1.12x	1.08x	1.11x	1.07x
Quick ratio	0.16x	0.15x	0.14x	0.14x	0.08x
Leverage
D/E	2.58x	2.76x	2.75x	2.22x	2.19x
Interest coverage	2.56x	3.69x	-0.90x	-0.99x	0.31x
Efficiency
Asset turnover	0.19x	0.17x	0.16x	0.14x	0.13x
Cash conversion cycle	—	—	—	—	—

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