Dayforce Inc. (DAY)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 18,100 | 52,900 | 47,100 | 52,000 | 54,800 | 4,000 | -13,200 | -36,100 | -73,400 | -77,700 | -77,600 | -83,600 | -75,400 | -83,200 | -63,100 | -31,800 | -4,000 | 11,800 | 75,300 | 76,100 |
| Revenue (ttm) | US$ in thousands | 1,760,000 | 1,694,500 | 1,632,000 | 1,574,600 | 1,513,700 | 1,450,100 | 1,388,200 | 1,323,500 | 1,246,200 | 1,192,200 | 1,133,800 | 1,083,000 | 1,024,200 | 964,900 | 912,100 | 854,300 | 842,500 | 841,500 | 839,400 | 843,100 |
| Net profit margin | 1.03% | 3.12% | 2.89% | 3.30% | 3.62% | 0.28% | -0.95% | -2.73% | -5.89% | -6.52% | -6.84% | -7.72% | -7.36% | -8.62% | -6.92% | -3.72% | -0.47% | 1.40% | 8.97% | 9.03% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $18,100K ÷ $1,760,000K
= 1.03%
The net profit margin of Dayforce Inc. has shown fluctuations over the periods from March 31, 2020, to December 31, 2024. The net profit margin started at a positive level of 9.03% in March 2020, indicating that the company was generating a profit after all expenses were deducted. However, the net profit margin gradually declined and entered negative territory in December 2020, implying that the company experienced losses after expenses.
The negative trend continued through the first half of 2021, reaching its lowest point at -8.62% in September 2021. This suggests that Dayforce Inc. was facing challenges in generating profits and controlling expenses during this period. Subsequently, from December 2021 to June 2024, the net profit margin showed some improvement, fluctuating between negative and positive levels.
By December 31, 2024, the net profit margin recovered slightly to 1.03%, indicating that the company was able to generate a small profit relative to its total revenue at the end of the period under review. Overall, the trend in the net profit margin reflects fluctuations in Dayforce Inc.'s profitability over the analyzed period, showing signs of both challenges and recovery in generating profits.
Peer comparison
Dec 31, 2024