Dayforce Inc. (DAY)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 104,100 | 133,100 | -34,300 | -54,400 | 5,100 |
| Revenue | US$ in thousands | 1,760,000 | 1,513,700 | 1,246,200 | 1,024,200 | 842,500 |
| Operating profit margin | 5.91% | 8.79% | -2.75% | -5.31% | 0.61% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $104,100K ÷ $1,760,000K
= 5.91%
Dayforce Inc.'s operating profit margin fluctuated over the past five years. The margin was at a low of -5.31% on December 31, 2021, indicating that the company's operating expenses were relatively high compared to its revenues during that period. However, there was a significant improvement in the margin on December 31, 2023, where it reached 8.79%, showing that the company was able to effectively control its operating costs and generate a higher level of operating income relative to revenues. By the end of December 31, 2024, the margin slightly decreased to 5.91%, still indicating a healthy level of profitability. Overall, the trend suggests that Dayforce Inc. has made improvements in managing its operating expenses and maximizing its operating profitability over the five-year period.
Peer comparison
Dec 31, 2024