Cash flow Dayforce, Inc.

Equities

DAY

US15677J1088

Software

Market Closed - Nyse Other stock markets 16:00:02 2025-12-16 EST			5-day change	1st Jan Change
69.20 ^USD	-0.13%		+0.36%	-4.74%

11-12	Dayforce Stockholders Approve Acquisition by Thoma Bravo	CI
11-12	Dayforce stockholders approve acquisition by Thoma Bravo	RE

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Published financial data: DAYFORCE, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	842M	1.02B	1.25B	1.51B	1.76B
Total Revenues	842M	1.02B	1.25B	1.51B	1.76B
Cost of Goods Sold, Total	456M	588M	691M	800M	868M
Gross Profit	386M	436M	556M	713M	892M
Selling General & Admin Expenses, Total	306M	414M	490M	512M	711M
Depreciation & Amortization - (IS)	40.5M	50.9M	55M	66.8M	80.4M
Other Operating Expenses, Total	347M	465M	545M	579M	791M
Operating Income	39.1M	-29.4M	10.8M	134M	101M
Interest Expense, Total	-25.1M	-35.9M	-28.6M	-36.1M	-40.6M
Net Interest Expenses	-25.1M	-35.9M	-28.6M	-36.1M	-40.6M
Currency Exchange Gains (Loss)	1M	-5.3M	-3.5M	-	-
Other Non Operating Income (Expenses)	-800K	-600K	-200K	2M	-14M
EBT, Excl. Unusual Items	14.2M	-71.2M	-21.5M	100M	46.6M
Restructuring Charges	-9.7M	-7.4M	-33.7M	-	-
Merger & Related Restructuring Charges	-	-4.2M	-	-	-
Gain (Loss) On Sale Of Assets	-	19.1M	-	-	-
Asset Writedown	-16.8M	-1.8M	-	-	-
Other Unusual Items	-7.7M	-24.8M	-7.7M	-4.3M	-9M
EBT, Incl. Unusual Items	-20M	-90.3M	-62.9M	96M	37.6M
Income Tax Expense	-16M	-14.9M	10.5M	41.2M	19.5M
Earnings From Continuing Operations	-4M	-75.4M	-73.4M	54.8M	18.1M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-4M	-75.4M	-73.4M	54.8M	18.1M
Minority Interest	-	-	-	-	-
Net Income - (IS)	-4M	-75.4M	-73.4M	54.8M	18.1M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-4M	-75.4M	-73.4M	54.8M	18.1M
Net Income to Common Excl. Extra Items	-4M	-75.4M	-73.4M	54.8M	18.1M
Per Share Items
Net EPS - Basic	-0.03	-0.5	-0.48	0.35	0.11
Basic EPS - Continuing Operations	-0.03	-0.5	-0.48	0.35	0.11
Basic Weighted Average Shares Outstanding	147M	150M	153M	155M	158M
Net EPS - Diluted	-0.03	-0.5	-0.48	0.35	0.11
Diluted EPS - Continuing Operations	-0.03	-0.5	-0.48	0.35	0.11
Diluted Weighted Average Shares Outstanding	147M	150M	153M	158M	160M
Normalized Basic EPS	0.06	-0.3	-0.09	0.4	0.18
Normalized Diluted EPS	0.06	-0.3	-0.09	0.4	0.18
Supplemental Items
EBITDA	60.3M	11.1M	56.3M	213M	240M
EBITA	42.9M	-5.5M	41.7M	195M	221M
EBIT	39.1M	-29.4M	10.8M	134M	101M
EBITDAR	65.3M	15M	65.6M	221M	247M
Total Revenues (As Reported)	842M	1.02B	1.25B	1.51B	1.76B
Effective Tax Rate - (Ratio)	80	16.5	-16.69	42.92	51.86
Current Domestic Taxes	-6.4M	1.3M	6.4M	11.4M	36.9M
Current Foreign Taxes	-2.6M	22.3M	5.8M	25.7M	16.7M
Total Current Taxes	-9M	23.6M	12.2M	37.1M	53.6M
Deferred Domestic Taxes	-1M	-27.3M	5.7M	7.7M	-17.7M
Deferred Foreign Taxes	-6M	-11.2M	-7.4M	-3.6M	-16.4M
Total Deferred Taxes	-7M	-38.5M	-1.7M	4.1M	-34.1M
Normalized Net Income	8.88M	-44.5M	-13.44M	62.69M	29.12M
Interest Capitalized	500K	400K	800K	700K	2M
Interest on Long-Term Debt	900K	17.6M	5.7M	5.2M	4.8M
Non-Cash Pension Expense	5.5M	10.9M	6.5M	3M	11.9M
Supplemental Operating Expense Items
Advertising Expense	5.5M	7.5M	11.3M	14.2M	28.1M
Selling and Marketing Expenses	5.5M	7.5M	11.3M	250M	342M
General and Administrative Expenses	-	-	-	259M	357M
Research And Development Expense From Footnotes	70.2M	118M	136M	166M	194M
Net Rental Expense, Total	5M	3.9M	9.3M	8.4M	6.5M
Imputed Operating Lease Interest Expense	1.43M	1.2M	1.8M	1.98M	1.79M
Imputed Operating Lease Depreciation	3.57M	2.7M	7.5M	6.42M	4.71M
Stock-Based Comp., COGS (Total)	18.6M	-	-	15.4M	11.3M
Stock-Based Comp., SG&A Exp. (Total)	50.3M	-	-	-	-
Stock-Based Comp., Other (Total)	-	113M	145M	121M	144M
Total Stock-Based Compensation	68.9M	113M	145M	137M	156M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	188M	368M	432M	570M	580M
Total Cash And Short Term Investments	188M	368M	432M	570M	580M
Accounts Receivable, Total	87.6M	122M	134M	164M	204M
Other Receivables	13.5M	23.9M	46.3M	65.3M	60.7M
Total Receivables	101M	146M	180M	229M	265M
Prepaid Expenses	71.7M	89.2M	95.2M	124M	135M
Restricted Cash	-	1.9M	800K	800K	-
Other Current Assets, Total	3.76B	3.54B	4.19B	5.03B	5B
Total Current Assets	4.12B	4.14B	4.89B	5.96B	5.98B
Gross Property Plant And Equipment	511M	540M	642M	731M	779M
Accumulated Depreciation	-346M	-383M	-443M	-501M	-543M
Net Property Plant And Equipment	164M	158M	199M	229M	236M
Goodwill	2.03B	2.32B	2.28B	2.29B	2.34B
Other Intangibles, Total	195M	332M	282M	230M	189M
Deferred Charges Long-Term	133M	144M	151M	192M	232M
Other Long-Term Assets, Total	54.7M	63.9M	111M	110M	140M
Total Assets	6.7B	7.17B	7.92B	9.01B	9.12B
Liabilities
Accounts Payable, Total	38.9M	51.7M	54.3M	66.7M	77M
Accrued Expenses, Total	85.1M	102M	121M	115M	158M
Current Portion of Long-Term Debt	6.8M	6.8M	6.8M	6.8M	6.5M
Current Portion of Leases	10.9M	12.8M	11M	7.8M	6.5M
Unearned Revenue Current, Total	24.4M	48.7M	41.2M	40.2M	42.3M
Other Current Liabilities	3.7B	3.52B	4.3B	5.1B	5.02B
Total Current Liabilities	3.86B	3.74B	4.53B	5.33B	5.31B
Long-Term Debt	652M	1.12B	1.21B	1.2B	1.2B
Long-Term Leases	42M	40.8M	31.1M	25.4M	16.5M
Pension & Other Post Retirement Benefits	24.4M	20.7M	17.7M	27.7M	5.9M
Other Non Current Liabilities	20.6M	19M	19.5M	21.1M	30.1M
Total Liabilities	4.6B	4.94B	5.81B	6.61B	6.57B
Preferred Stock Convertible	-	-	-	-	-
Preferred Stock - Others	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	1.5M	1.5M	1.5M	1.6M	1.6M
Additional Paid In Capital	2.61B	2.86B	2.97B	3.15B	3.36B
Retained Earnings	-234M	-309M	-373M	-318M	-336M
Comprehensive Income and Other	-276M	-325M	-485M	-437M	-483M
Total Common Equity	2.1B	2.23B	2.11B	2.4B	2.55B
Minority Interest	-	-	-	-	-
Total Equity	2.1B	2.23B	2.11B	2.4B	2.55B
Total Liabilities And Equity	6.7B	7.17B	7.92B	9.01B	9.12B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	149M	152M	154M	157M	159M
ECS Total Common Shares Outstanding	149M	152M	154M	156M	159M
Book Value / Share	14.12	14.66	13.71	15.34	16.01
Tangible Book Value	-129M	-429M	-452M	-126M	20.4M
Tangible Book Value Per Share	-0.87	-2.82	-2.94	-0.81	0.13
Total Debt	712M	1.18B	1.25B	1.24B	1.23B
Net Debt	524M	809M	823M	673M	653M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-3.5M	-1.6M	11.1M	21.5M	24.5M
Debt Equivalent Oper. Leases	40M	31.2M	74.4M	67.2M	52M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	7.5M	-	-	-	-
Buildings, Total	48.9M	31.9M	41.8M	44.9M	44.7M
Machinery, Total	120M	122M	126M	130M	103M
Full Time Employees	5.97K	7.46K	8.53K	9.08K	9.6K
Accumulated Allowance for Doubtful Accounts (Supple)	3.1M	3.9M	4.6M	8.4M	13.5M
Order Backlog	917M	1.12B	1.14B	1.22B	1.26B

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-4M	-75.4M	-73.4M	54.8M	18.1M
Depreciation & Amortization - CF	17.4M	16.6M	14.6M	18M	19.1M
Amortization of Goodwill and Intangible Assets - (CF)	3.8M	23.9M	30.9M	60.5M	120M
Depreciation & Amortization, Total	21.2M	40.5M	45.5M	78.5M	139M
Amortization of Deferred Charges, Total - (CF)	31.8M	53.9M	48.1M	58.4M	74.9M
(Gain) Loss From Sale Of Asset	-	-19.1M	-	-	-
Asset Writedown & Restructuring Costs	-	2.9M	-	-	-
Stock-Based Compensation (CF)	65.8M	113M	145M	137M	156M
Provision and Write-off of Bad Debts	2M	1.8M	2.2M	5.4M	10.1M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	14.1M	-28.2M	7.5M	10.5M	-10.6M
Change In Accounts Receivable	-12M	-34.8M	-39.5M	-48.3M	-48M
Change In Accounts Payable	-1.4M	9.3M	-200K	9.3M	15.7M
Change in Unearned Revenues	-1.2M	5.5M	-5.6M	-1.3M	-4.4M
Change In Income Taxes	-3.7M	400K	7.5M	-4.7M	-3.6M
Change in Other Net Operating Assets	-143M	-21.4M	-4.3M	-79.8M	-65.7M
Cash from Operations	-30.2M	48.8M	133M	220M	281M
Capital Expenditure	-18.1M	-11.5M	-20.2M	-19M	-14.3M
Sale of Property, Plant, and Equipment	-	37.9M	-	-	-
Cash Acquisitions	-58.3M	-410M	-	-	-173M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-41.7M	-52.2M	-74.3M	-95.4M	-95.3M
Investment in Marketable and Equity Securities, Total	157M	-276M	-248M	-87.4M	-189M
Other Investing Activities, Total	-	-	-	-1M	-
Cash from Investing	38.8M	-711M	-342M	-203M	-472M
Short Term Debt Issued, Total	295M	295M	-	-	-
Long-Term Debt Issued, Total	-	562M	-	-	650M
Total Debt Issued	295M	857M	-	-	650M
Short Term Debt Repaid, Total	-295M	-295M	-	-	-
Long-Term Debt Repaid, Total	-10M	-7.8M	-8.4M	-7.9M	-648M
Total Debt Repaid	-305M	-303M	-8.4M	-7.9M	-648M
Issuance of Common Stock	91.7M	95.4M	38.4M	49M	56.6M
Repurchase of Common Stock	-	-	-	-	-36.1M
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	484M	-242M	840M	201M	37.4M
Cash from Financing	565M	408M	870M	242M	59.6M
Foreign Exchange Rate Adjustments	-4M	-20.9M	-8.1M	11.5M	-36.3M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	570M	-276M	652M	270M	-168M
Supplemental Items
Cash Interest Paid	26.7M	19.1M	30.1M	52.4M	45.3M
Cash Income Tax Paid (Refund)	-5.4M	30.1M	9.6M	42.4M	55.6M
Levered Free Cash Flow	-27.05M	137M	241M	102M	260M
Unlevered Free Cash Flow	-12.56M	143M	254M	121M	282M
Change In Net Working Capital	97.9M	-33.9M	-108M	118M	37.4M
Net Debt Issued / Repaid	-10M	554M	-8.4M	-7.9M	1.7M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.38	-0.26	0.09	0.96	0.7
Return on Total Capital	0.9	-0.59	0.2	2.4	1.7
Return On Equity %	-0.2	-3.49	-3.38	2.43	0.73
Return on Common Equity	-0.2	-3.49	-3.38	2.43	0.73
Margin Analysis
Gross Profit Margin %	45.82	42.57	44.58	47.12	50.71
SG&A Margin	36.37	40.47	39.3	33.83	40.39
EBITDA Margin %	7.16	1.08	4.52	14.06	13.65
EBITA Margin %	5.09	-0.54	3.35	12.88	12.57
EBIT Margin %	4.64	-2.87	0.87	8.88	5.75
Income From Continuing Operations Margin %	-0.47	-7.36	-5.89	3.62	1.03
Net Income Margin %	-0.47	-7.36	-5.89	3.62	1.03
Net Avail. For Common Margin %	-0.47	-7.36	-5.89	3.62	1.03
Normalized Net Income Margin	1.05	-4.34	-1.08	4.14	1.65
Levered Free Cash Flow Margin	-3.21	13.39	19.31	6.77	14.79
Unlevered Free Cash Flow Margin	-1.49	13.94	20.38	7.97	16
Asset Turnover
Asset Turnover	0.13	0.15	0.17	0.17	0.19
Fixed Assets Turnover	5.19	6.36	6.99	7.07	7.57
Receivables Turnover (Average Receivables)	10.72	9.75	9.73	10.18	9.58
Short Term Liquidity
Current Ratio	1.07	1.11	1.08	1.12	1.13
Quick Ratio	0.07	0.14	0.13	0.15	0.16
Operating Cash Flow to Current Liabilities	-0.01	0.01	0.03	0.04	0.05
Days Sales Outstanding (Average Receivables)	34.15	37.42	37.52	35.84	38.22
Average Days Payable Outstanding	32.91	28.11	28.01	27.59	30.31
Long Term Solvency
Total Debt/Equity	33.93	52.83	59.49	51.86	48.42
Total Debt / Total Capital	25.33	34.57	37.3	34.15	32.62
LT Debt/Equity	33.09	51.95	58.65	51.25	47.91
Long-Term Debt / Total Capital	24.7	33.99	36.77	33.75	32.28
Total Liabilities / Total Assets	68.69	68.92	73.36	73.39	72.07
EBIT / Interest Expense	1.56	-0.82	0.38	3.72	2.49
EBITDA / Interest Expense	2.6	0.42	2.29	6.13	6.08
(EBITDA - Capex) / Interest Expense	1.88	0.1	1.59	5.6	5.73
Total Debt / EBITDA	10.9	78.45	19.13	5.62	5
Net Debt / EBITDA	8.02	53.95	12.55	3.04	2.65
Total Debt / (EBITDA - Capex)	15.08	336.2	27.64	6.15	5.3
Net Debt / (EBITDA - Capex)	11.1	231.2	18.13	3.33	2.81
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.23	21.57	21.68	21.47	16.27
Gross Profit, 1 Yr. Growth %	-5.23	12.95	27.43	30.24	25.12
EBITDA, 1 Yr. Growth %	-50.37	-81.47	361.48	470.78	12.87
EBITA, 1 Yr. Growth %	-60.61	-112.94	-1.05K	758.59	13.49
EBIT, 1 Yr. Growth %	-57.82	-175.97	-138.16	-1.74K	-24.7
Earnings From Cont. Operations, 1 Yr. Growth %	-105.08	1.78K	-2.65	-174.66	-66.97
Net Income, 1 Yr. Growth %	-105.08	1.78K	-2.65	-174.66	-66.97
Normalized Net Income, 1 Yr. Growth %	-75.09	-601.41	-69.33	-358.51	-53.54
Diluted EPS Before Extra, 1 Yr. Growth %	-105.66	1.57K	-4.25	-172.91	-68.57
Accounts Receivable, 1 Yr. Growth %	25.86	39.73	9.31	22.2	24.83
Net Property, Plant and Equip., 1 Yr. Growth %	2.5	-4.08	26.4	15.06	2.97
Total Assets, 1 Yr. Growth %	10.12	6.94	10.48	6.47	1.18
Tangible Book Value, 1 Yr. Growth %	-52.21	233.28	5.51	-72.16	-116.2
Common Equity, 1 Yr. Growth %	11.47	6.16	-5.3	13.69	6.18
Cash From Operations, 1 Yr. Growth %	-159.68	-261.59	171.72	65.54	28.06
Capital Expenditures, 1 Yr. Growth %	11.04	-36.46	75.65	-5.94	-24.74
Levered Free Cash Flow, 1 Yr. Growth %	-164.89	-551.27	74.56	-55.23	154.18
Unlevered Free Cash Flow, 1 Yr. Growth %	-120.68	-996.94	77.08	-50.18	133.46
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.65	11.48	21.62	21.57	18.84
Gross Profit, 2 Yr. CAGR %	5.14	3.81	20.63	28.32	29.99
EBITDA, 2 Yr. CAGR %	-17.13	-65.98	15.64	191.82	326.67
EBITA, 2 Yr. CAGR %	-24.82	-74.3	29.93	116.45	1.16K
EBIT, 2 Yr. CAGR %	-17.47	-33.81	-28.12	43.24	77.01
Earnings From Cont. Operations, 2 Yr. CAGR %	-66.34	-2.12	328.37	-14.75	-50.34
Net Income, 2 Yr. CAGR %	-74.31	-2.12	328.37	-14.75	-50.34
Normalized Net Income, 2 Yr. CAGR %	495.82	44.08	144.38	-4.25	-13.93
Diluted EPS Before Extra, 2 Yr. CAGR %	-71.63	-2.74	300.01	-16.44	-52.13
Accounts Receivable, 2 Yr. CAGR %	23.43	32.61	23.59	15.58	23.51
Net Property, Plant and Equip., 2 Yr. CAGR %	25.45	-0.85	10.11	20.59	8.85
Total Assets, 2 Yr. CAGR %	13	8.51	8.69	12.13	3.79
Tangible Book Value, 2 Yr. CAGR %	-49.25	26.2	87.52	-45.8	-78.76
Common Equity, 2 Yr. CAGR %	13.96	8.78	0.27	3.76	9.87
Cash From Operations, 2 Yr. CAGR %	78.3	-1.79	109.54	112.08	45.6
Capital Expenditures, 2 Yr. CAGR %	50.42	-16	5.64	28.54	-15.86
Levered Free Cash Flow, 2 Yr. CAGR %	-60.79	136.69	140.75	-5.47	10.37
Unlevered Free Cash Flow, 2 Yr. CAGR %	-75.53	81.06	206.47	0.18	11.37
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.6	11.41	14.78	21.57	19.78
Gross Profit, 3 Yr. CAGR %	8.21	7.68	11.15	23.16	27.24
EBITDA, 3 Yr. CAGR %	-12.4	-49.81	-16.27	71.64	112.62
EBITA, 3 Yr. CAGR %	-18.07	-58.31	-20.6	99.08	74.54
EBIT, 3 Yr. CAGR %	-13.06	-19.99	-45.6	85.96	15.61
Earnings From Cont. Operations, 3 Yr. CAGR %	-20.63	28.79	-2.3	139.28	-37.85
Net Income, 3 Yr. CAGR %	6.62	7.56	-2.3	139.28	-37.85
Normalized Net Income, 3 Yr. CAGR %	-24.37	462.52	-14.42	203.16	-24.76
Diluted EPS Before Extra, 3 Yr. CAGR %	-44.1	10.39	-3.25	126.81	-39.69
Accounts Receivable, 3 Yr. CAGR %	15.47	28.64	24.34	23.12	18.58
Net Property, Plant and Equip., 3 Yr. CAGR %	17.22	14.71	7.51	11.74	14.41
Total Assets, 3 Yr. CAGR %	-0.57	10.94	9.17	10.37	8.36
Tangible Book Value, 3 Yr. CAGR %	-52.23	-4.97	18.89	-0.7	-63.76
Common Equity, 3 Yr. CAGR %	28.55	11.3	3.87	4.56	4.56
Cash From Operations, 3 Yr. CAGR %	-8.79	72.54	37.87	93.71	79.26
Capital Expenditures, 3 Yr. CAGR %	1.13	12.86	7.41	1.63	7.53
Levered Free Cash Flow, 3 Yr. CAGR %	106.99	-7.96	114.2	35.12	31.45
Unlevered Free Cash Flow, 3 Yr. CAGR %	-35.9	-12.05	80.01	64.61	32.82
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.62	10.2	13.01	15.37	16.39
Gross Profit, 5 Yr. CAGR %	7.81	11.12	12.77	15.36	17.14
EBITDA, 5 Yr. CAGR %	-2.69	-25.54	-8.89	19.38	20.17
EBITA, 5 Yr. CAGR %	3.8	-30.78	-11.77	20.76	21.57
EBIT, 5 Yr. CAGR %	18.27	12.66	-28.91	18.55	8.57
Earnings From Cont. Operations, 5 Yr. CAGR %	-48.31	-3.86	55.78	9.19	-25.47
Net Income, 5 Yr. CAGR %	-47.95	-1.03	85.97	-1.99	-25.47
Normalized Net Income, 5 Yr. CAGR %	-28.45	-0.73	-8.11	201.89	6.32
Diluted EPS Before Extra, 5 Yr. CAGR %	-55.24	-21.02	22.82	-1.25	-26.98
Accounts Receivable, 5 Yr. CAGR %	6.22	13.39	18.65	23.25	24.01
Net Property, Plant and Equip., 5 Yr. CAGR %	13.22	13.28	14.32	17.03	8.04
Total Assets, 5 Yr. CAGR %	-0.83	2.53	3.03	11.42	8.42
Tangible Book Value, 5 Yr. CAGR %	-37.21	-20.56	-17.45	-24.09	-40.3
Common Equity, 5 Yr. CAGR %	17.07	22.66	16.39	8.22	6.23
Cash From Operations, 5 Yr. CAGR %	10.54	-8.36	27.21	87.39	40.91
Capital Expenditures, 5 Yr. CAGR %	15.52	9.22	2.91	18.89	-2.58
Levered Free Cash Flow, 5 Yr. CAGR %	-	6.49	139.57	-10.25	60.45
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	23.8	39.72	-10.48	45.26