Dayforce Inc (DAY) Financial Ratios
10 years of historical data (2015–2024) · Technology · Software - Application
EV/EBITDA
↓
37.70
↓-79% vs avg
5yr avg: 182.92
30Y Low38.9·High81.4
P/FCF
↓
65.19
↓-54% vs avg
5yr avg: 142.22
30Y Low67.9·High101.2
P/B Ratio
↓
4.40
↓-22% vs avg
5yr avg: 5.63
30Y Low2.4·High7.5
ROE
↑
0.7%
↓+194% vs avg
5yr avg: -0.8%
30Y Low-11%·High5%
Debt/EBITDA
↓
3.93
↓-71% vs avg
5yr avg: 13.69
30Y Low3.9·High28.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DAY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Dayforce Inc trades at 635.1x earnings, 49% above its 5-year average of 426.1x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 28.3x, the stock trades at a premium of 2142%. On a free-cash-flow basis, the stock trades at 65.2x P/FCF, 54% below the 5-year average of 142.2x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $11.2B | $11.7B | $10.6B | $9.8B | $15.7B | $15.6B | $10.1B | $3.9B | — | — | — |
| Enterprise Value | $11.8B | $12.3B | $11.3B | $10.6B | $16.5B | $16.2B | $10.5B | $4.4B | — | — | — |
| P/E Ratio → | 635.09 | 660.36 | 191.77 | — | — | — | 128.08 | — | — | — | — |
| P/S Ratio | 6.35 | 6.62 | 7.03 | 7.87 | 15.34 | 18.56 | 12.25 | 5.31 | — | — | — |
| P/B Ratio | 4.40 | 4.58 | 4.44 | 4.65 | 7.05 | 7.45 | 5.36 | 2.43 | — | — | — |
| P/FCF | 65.19 | 67.94 | 101.22 | 257.51 | — | — | — | — | — | — | — |
| P/OCF | 39.77 | 41.45 | 48.47 | 73.99 | 321.95 | — | 199.56 | 414.06 | — | — | — |
P/E links to full P/E history page with 30-year chart
DAY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Dayforce Inc's enterprise value stands at 37.7x EBITDA, 79% below its 5-year average of 182.9x. The Technology sector median is 16.6x, placing the stock at a 126% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.99 | 7.47 | 8.53 | 16.13 | 19.19 | 12.78 | 5.92 | — | — | — |
| EV / EBITDA | 37.70 | 39.20 | 42.59 | 168.26 | 393.34 | 271.21 | 81.39 | 38.92 | — | — | — |
| EV / EBIT | 113.67 | 157.35 | 85.63 | — | — | 3169.41 | 157.91 | 77.91 | — | — | — |
| EV / FCF | — | 71.75 | 107.63 | 279.11 | — | — | — | — | — | — | — |
DAY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Dayforce Inc earns an operating margin of 5.9%. Operating margins have expanded from -2.1% to 5.9% over the past 3 years, signaling improving operational efficiency. ROE of 0.7% is modest. ROIC of 2.5% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 46.1% | 46.1% | 42.7% | 38.0% | 37.3% | 40.5% | 44.7% | 42.5% | 35.9% | 36.4% | 40.5% |
| Operating Margin | 5.9% | 5.9% | 8.8% | -2.1% | -3.5% | 0.9% | 8.8% | 7.6% | 7.4% | -1.8% | 5.1% |
| Net Profit Margin | 1.0% | 1.0% | 3.6% | -5.9% | -7.4% | -0.5% | 9.5% | -8.2% | -1.2% | -14.9% | -15.1% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.7% | 0.7% | 2.4% | -3.4% | -3.5% | -0.2% | 4.5% | -4.4% | -0.9% | -9.5% | -11.0% |
| ROA | 0.2% | 0.2% | 0.6% | -0.9% | -1.1% | -0.1% | 1.4% | -1.0% | -0.1% | -1.4% | -1.5% |
| ROIC | 2.5% | 2.5% | 3.3% | -0.6% | -0.9% | 0.2% | 2.5% | 2.0% | 2.0% | -0.4% | 1.3% |
| ROCE | 2.8% | 2.8% | 3.8% | -0.8% | -1.1% | 0.3% | 2.8% | 2.3% | 2.3% | -0.5% | 1.5% |
DAY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Dayforce Inc carries a Debt/EBITDA ratio of 3.9x, which is moderately leveraged (34% above the sector average of 2.9x). Net debt stands at $653M ($1.2B total debt minus $580M cash). Interest coverage of just 2.6x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.48 | 0.48 | 0.52 | 0.59 | 0.53 | 0.34 | 0.38 | 0.41 | 0.99 | 1.14 | 1.20 |
| Debt / EBITDA | 3.93 | 3.93 | 4.68 | 19.86 | 28.02 | 11.94 | 5.53 | 5.95 | 10.25 | 24.77 | 12.60 |
| Net Debt / Equity | — | 0.26 | 0.28 | 0.39 | 0.36 | 0.25 | 0.23 | 0.28 | 0.90 | 1.00 | 1.14 |
| Net Debt / EBITDA | 2.08 | 2.08 | 2.54 | 13.02 | 19.27 | 8.79 | 3.36 | 4.02 | 9.34 | 21.92 | 11.91 |
| Debt / FCF | — | 3.81 | 6.41 | 21.60 | — | — | — | — | — | — | — |
| Interest Coverage | 2.56 | 2.56 | 3.69 | -0.90 | -0.99 | 0.31 | 2.23 | 0.67 | 0.64 | -0.13 | 0.40 |
DAY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.13x means Dayforce Inc can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.07x to 1.13x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.13 | 1.13 | 1.12 | 1.07 | 1.11 | 1.07 | 1.07 | 1.06 | 1.01 | 1.02 | 1.01 |
| Quick Ratio | 1.13 | 1.13 | 1.12 | 1.07 | 1.11 | 1.07 | 1.07 | 1.06 | 1.01 | 1.02 | 1.01 |
| Cash Ratio | 0.11 | 0.11 | 0.11 | 0.09 | 0.10 | 0.05 | 0.08 | 0.08 | 0.02 | 0.03 | 0.01 |
| Asset Turnover | — | 0.19 | 0.17 | 0.15 | 0.14 | 0.13 | 0.14 | 0.14 | 0.11 | 0.10 | 0.10 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 54.92 | 55.17 | 52.75 | 52.14 | 43.80 | 35.61 | 31.49 | 32.38 | 45.73 | 34.09 |
DAY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Dayforce Inc returns 0.3% to shareholders annually primarily through share buybacks. The earnings yield of 0.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.2% | 0.2% | 0.5% | — | — | — | 0.8% | — | — | — | — |
| FCF Yield | 1.5% | 1.5% | 1.0% | 0.4% | — | — | — | — | — | — | — |
| Buyback Yield | 0.3% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.3% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $160M | $159M | $153M | $150M | $147M | $149M | $114M | $133M | $133M | $133M |
Peer Comparison
Compare DAY with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 DAYYou | $11B | 635.1 | 37.7 | 65.2 | 46.1% | 5.9% | 0.7% | 2.5% | 3.9 |
 PAYC | $7B | 15.3 | 8.8 | 16.5 | 78.6% | 27.6% | 27.4% | 30.7% | 0.2 |
 PAYX | $34B | 20.9 | 15.7 | 19.6 | 72.4% | 39.6% | 41.8% | 30.9% | 2.1 |
 ADP | $86B | 21.5 | 15.6 | 18.1 | 50.8% | 26.3% | 76.0% | 47.1% | 1.5 |
 PCTY | $5B | 24.8 | 12.8 | 15.5 | 68.8% | 19.1% | 20.0% | 26.2% | 0.5 |
 HCKT | $259M | 21.8 | 10.0 | 8.0 | 38.3% | 8.7% | 14.1% | 16.4% | 2.5 |
 WK | $3B | -97.8 | — | 18.7 | 78.5% | -4.8% | — | -7.0% | — |
 GWRE | $9B | 126.8 | 132.1 | 29.0 | 62.5% | 3.4% | 5.0% | 2.3% | 11.0 |
 INTU | $71B | 18.9 | 13.0 | 11.6 | 80.8% | 26.1% | 20.3% | 16.5% | 1.2 |
 NOW | $96B | 55.7 | 37.4 | 21.1 | 77.5% | 13.7% | 15.5% | 12.4% | 1.3 |
 CRM | $123B | 19.2 | 10.6 | 8.5 | 77.7% | 21.5% | 12.4% | 10.1% | 1.4 |
| Technology Median | — | 28.3 | 16.6 | 18.8 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 10 years · Updated daily
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DAY — Frequently Asked Questions
Quick answers to the most common questions about buying DAY stock.
What is Dayforce Inc's P/E ratio?
Dayforce Inc's current P/E ratio is 635.1x. The historical average is 159.9x. This places it at the 100th percentile of its historical range.
What is Dayforce Inc's EV/EBITDA?
Dayforce Inc's current EV/EBITDA is 37.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 50.5x.
What is Dayforce Inc's ROE?
Dayforce Inc's return on equity (ROE) is 0.7%. The historical average is -2.5%.
Is DAY stock overvalued?
Based on historical data, Dayforce Inc is trading at a P/E of 635.1x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Dayforce Inc's profit margins?
Dayforce Inc has 46.1% gross margin and 5.9% operating margin.
How much debt does Dayforce Inc have?
Dayforce Inc's Debt/EBITDA ratio is 3.9x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.