Dayforce Inc. (DAY)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 18,100 | 54,800 | -73,400 | -75,400 | -4,000 |
| Revenue | US$ in thousands | 1,760,000 | 1,513,700 | 1,246,200 | 1,024,200 | 842,500 |
| Net profit margin | 1.03% | 3.62% | -5.89% | -7.36% | -0.47% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $18,100K ÷ $1,760,000K
= 1.03%
Dayforce Inc.'s net profit margin, a key profitability metric, shows the percentage of revenue that translates into profit after all expenses are deducted. Over the years, the company's performance has varied. In December 2020, the net profit margin was -0.47%, indicating that the company incurred a loss. This trend continued in December 2021 and 2022, with net profit margins of -7.36% and -5.89% respectively, suggesting difficulties in generating sustainable profits.
However, there was a notable improvement in December 2023, with the net profit margin turning positive at 3.62%. This could indicate improved cost management or increased revenue generation. In December 2024, the net profit margin further increased to 1.03%, showcasing continued progress in profitability.
Overall, the fluctuating trend in Dayforce Inc.'s net profit margin highlights the company's ability to adapt and make necessary adjustments to enhance its financial performance over the years.
Peer comparison
Dec 31, 2024