DAY - Dayforce Inc
Price:
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--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$67.71
DETAILS
HIGH:
$71.00
LOW:
$53.00
MEDIAN:
$70.00
CONSENSUS:
$67.71
DOWNSIDE:
3.08%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 1,760 | 1,513.7 | 1,246.2 | 1,024.2 | 842.5 | 824.1 | 740.7 | 750.7 | 623.4 | 693.9 |
| Cost of Revenue | 947.9 | 867.2 | 773 | 641.9 | 501.2 | 455.9 | 425.8 | 406.7 | 396.4 | 413.1 |
| Gross Profit | 812.1 | 646.5 | 473.2 | 382.3 | 341.3 | 368.2 | 314.9 | 269.5 | 227 | 280.8 |
| Operating Expenses | ||||||||||
| R&D Expenses | 193.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 708 | 513.4 | 499 | 417.8 | 333.5 | 295.9 | 258.8 | 214.1 | 225.3 | 245.5 |
| Other Expenses | (193.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.9 | 0 |
| Operating Expenses | 708 | 513.4 | 499 | 417.8 | 333.5 | 295.9 | 258.8 | 214.1 | 238.2 | 245.5 |
| Operating Income | ||||||||||
| Operating Income | 104.1 | 133.1 | (25.8) | (35.5) | 7.8 | 72.3 | 56.1 | 55.4 | (11.2) | 35.3 |
| Interest Expense | 40.6 | 36.1 | 28.6 | 35.9 | 25.1 | 32.4 | 83.2 | 87.1 | 87.4 | 87.8 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||
| EBITDA | 288 | 264.6 | 54.7 | 23.1 | 56.9 | 123.8 | 112.9 | 100.4 | 42 | 63.5 |
| EBIT | 78.2 | 132.1 | (34.3) | (54.4) | 5.1 | 66.7 | 56.3 | 46.6 | (11.2) | 7.5 |
| Income Before Tax | 37.6 | 96 | (62.9) | (90.3) | (20) | 34.3 | (26.9) | (40.5) | (98.6) | (80.3) |
| Income Tax Expense | 19.5 | 41.2 | 10.5 | (14.9) | (16) | (44.4) | 8.4 | (44.7) | 6.7 | 8.6 |
| Net Income | 18.1 | 54.8 | (73.4) | (75.4) | (4) | 78.7 | (60.6) | (9.2) | (92.9) | (104.7) |
| Per Share Data | ||||||||||
| EPS (Basic) | 0.11 | 0.35 | -0.48 | -0.50 | -0.03 | 0.55 | -0.53 | -0.14 | -1.42 | -1.60 |
| EPS (Diluted) | 0.11 | 0.35 | -0.48 | -0.50 | -0.03 | 0.53 | -0.53 | -0.07 | -0.70 | -0.79 |
| Shares Outstanding | 157.8 | 155.3 | 152.9 | 150.4 | 146.8 | 142.0 | 114.0 | 65.3 | 65.3 | 65.3 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 579.7 | 570.3 | 431.9 | 367.5 | 188.2 | 281.3 | 217.8 | 99.6 | 131.4 | 63.2 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 264.8 | 228.8 | 180.1 | 146.3 | 101.1 | 80.4 | 63.9 | 66.6 | 78.1 | 64.8 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 5,139 | 5,156.1 | 4,828.3 | 3,537.7 | 3,759.4 | 3,204.1 | 2,609.9 | 4,261.2 | 3,703.8 | 4,461.3 |
| Total Current Assets | 5,983.5 | 5,955.2 | 5,440.3 | 4,144.1 | 4,122.6 | 3,623.7 | 2,934.1 | 4,322.4 | 3,945 | 4,620.7 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 236 | 229.2 | 199.2 | 157.6 | 164.3 | 160.3 | 104.4 | 103.8 | 86.9 | 88.3 |
| Goodwill | 2,336.7 | 2,293.9 | 2,280 | 2,323.6 | 2,031.8 | 1,973.5 | 1,927.4 | 2,087.3 | 2,058 | 2,008.5 |
| Intangible Assets | 189.2 | 230.2 | 281.6 | 332.5 | 195 | 177.9 | 187.5 | 212.4 | 232.9 | 263.6 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 75.2 | 0 |
| Other Non-Current Assets | 371.6 | 302.4 | 262.4 | 208.4 | 187.6 | 150.3 | 94.4 | 4 | 3.2 | 3.8 |
| Total Non-Current Assets | 3,133.5 | 3,055.7 | 3,023.2 | 3,022.1 | 2,578.7 | 2,462 | 2,313.7 | 2,407.5 | 2,381 | 2,364.2 |
| Total Assets | 9,117 | 9,010.9 | 8,463.5 | 7,166.2 | 6,701.3 | 6,085.7 | 5,247.8 | 6,729.9 | 6,326 | 6,984.9 |
| Current Liabilities | ||||||||||
| Account Payables | 77 | 66.7 | 54.3 | 51.7 | 38.9 | 43.2 | 41.5 | 44.4 | 46.4 | 48.8 |
| Short-Term Debt | 7.3 | 7.6 | 7.8 | 8.3 | 7.2 | 10.8 | 6.8 | 0 | 2.3 | 7 |
| Deferred Revenue | 42.3 | 40.2 | 41.2 | 48.7 | 24.4 | 25.5 | 23.2 | 16.8 | 13.1 | 0 |
| Other Current Liabilities | 5,151 | 5,183 | 4,942.5 | 3,597.2 | 3,762.4 | 3,269.5 | 2,674.2 | 4,193.9 | 3,770.1 | 4,434.5 |
| Total Current Liabilities | 5,314.8 | 5,334.9 | 5,079.8 | 3,741.9 | 3,863.9 | 3,371.7 | 2,769.6 | 4,272.5 | 3,879 | 4,579 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 1,209.1 | 1,210.1 | 1,213.4 | 1,124.4 | 660.6 | 666.3 | 663.5 | 1,119.8 | 1,139.8 | 1,143.4 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 36 | 48.8 | 37.2 | 39.7 | 45 | 135.3 | 199.2 | 208.6 | 301.3 | 307.7 |
| Total Non-Current Liabilities | 1,255.9 | 1,277.8 | 1,274.3 | 1,196.8 | 739.2 | 831.7 | 862.7 | 1,328.4 | 1,441.1 | 1,451.1 |
| Total Liabilities | 6,570.7 | 6,612.7 | 6,354.1 | 4,938.7 | 4,603.1 | 4,203.4 | 3,632.3 | 5,600.9 | 5,320.1 | 6,030.1 |
| Stockholders' Equity | ||||||||||
| Common Stock | 1.6 | 1.6 | 1.5 | 1.5 | 1.5 | 1.4 | 1.4 | 0.7 | 0.7 | 1.3 |
| Retained Earnings | (335.8) | (317.8) | (372.6) | (309.2) | (233.8) | (229.8) | (335.6) | (348.2) | (318.5) | (198.8) |
| Accumulated Other Comprehensive Income | (482.7) | (436.7) | (485) | (324.8) | (276) | (338.4) | (375.9) | (312.1) | (351.5) | (379.2) |
| Total Stockholders' Equity | 2,546.3 | 2,398.2 | 2,109.4 | 2,227.5 | 2,098.2 | 1,882.3 | 1,615.5 | 1,091.2 | 967.2 | 954.8 |
| Total Liabilities & Equity | 9,117 | 9,010.9 | 8,463.5 | 7,166.2 | 6,701.3 | 6,085.7 | 5,247.8 | 6,729.9 | 6,326 | 6,984.9 |
| Debt Metrics | ||||||||||
| Total Debt | 1,232.9 | 1,243.6 | 1,254.9 | 1,176.7 | 711.9 | 716 | 670.3 | 1,119.8 | 1,142.1 | 1,150.4 |
| Net Debt | 653.2 | 673.3 | 823 | 809.2 | 523.7 | 434.7 | 452.5 | 1,020.2 | 1,010.7 | 1,087.2 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 18.1 | 54.8 | (73.4) | (75.4) | (4) | 78.7 | (61.1) | (10.5) | (92.8) | (104.7) |
| Depreciation & Amortization | 209.8 | 132.5 | 89 | 77.5 | 51.8 | 57.1 | 56.6 | 57.9 | 53.2 | 56 |
| Stock-Based Compensation | 155.5 | 136.7 | 144.8 | 113.4 | 65.8 | 36.5 | 23.2 | 17.2 | 12.5 | 12.8 |
| Change in Working Capital | (106) | (124.8) | (42.1) | (41) | (161.1) | (61.5) | (48.5) | (43.6) | (49.3) | (40.6) |
| Other Non-Cash Items | 37.8 | 16.2 | 16 | 12.8 | 24.3 | 9.2 | 55.4 | 4.2 | 9.2 | 66.1 |
| Operating Cash Flow | 281.1 | 219.5 | 132.6 | 48.8 | (30.2) | 50.6 | 9.5 | (39.8) | (75.5) | (18.3) |
| Investing Activities | ||||||||||
| Capital Expenditure | (109.6) | (114.4) | (94.5) | (63.7) | (59.8) | (55.2) | (40.2) | (50.8) | (32.9) | (34.5) |
| Acquisitions | (173.1) | 0 | 0 | (409.5) | (58.3) | (30.2) | 0 | (0.5) | 101.6 | 0 |
| Purchases of Investments | (557.3) | (534.9) | (652.8) | (763.8) | (212.4) | (408.4) | (855.2) | (598.5) | (699.7) | (610.6) |
| Sales/Maturities of Investments | 368.1 | 447.5 | 404.8 | 488 | 369.3 | 374.5 | 844.3 | 610.2 | 677.6 | 557 |
| Other Investing Activities | 0 | (1) | 0 | 37.9 | (41.7) | (38.9) | (32.2) | (33.3) | 690.9 | 386.7 |
| Investing Cash Flow | (471.9) | (202.8) | (342.5) | (711.1) | 38.8 | (119.3) | (51.1) | (407.4) | 763 | 323.9 |
| Financing Activities | ||||||||||
| Net Debt Issuance | 1.7 | (7.9) | (8.4) | 554 | (10) | (7.2) | (454) | (25.9) | (11.8) | (7) |
| Stock Repurchased | (36.1) | 0 | 0 | 0 | 0 | 0 | 0 | (1.8) | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 94 | 249.9 | 773 | (62.1) | 575.3 | 616.9 | (1,392.6) | 356.1 | (693.9) | (361.2) |
| Financing Cash Flow | 59.6 | 242 | 764.6 | 491.9 | 565.3 | 609.7 | (1,251.6) | 406.8 | (630.7) | (368.2) |
| Cash Position | ||||||||||
| Net Change in Cash | (167.5) | 270.2 | 507.9 | (191.7) | 569.9 | 552.3 | (1,305.5) | 343.6 | 57.6 | (72.9) |
| Cash at Beginning | 3,421.4 | 3,151.2 | 2,643.3 | 2,835 | 1,658.6 | 1,106.3 | 2,411.8 | 2,068.2 | 63.2 | 136.1 |
| Cash at End | 3,253.9 | 3,421.4 | 3,151.2 | 2,643.3 | 2,228.5 | 1,658.6 | 1,106.3 | 2,411.8 | 120.8 | 63.2 |
| Free Cash Flow | 171.5 | 105.1 | 38.1 | (14.9) | (90) | (4.6) | (30.7) | (90.6) | (108.4) | (52.8) |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 1,760 | 1,513.7 | 1,246.2 | 1,024.2 | 842.5 | 824.1 | 740.7 | 750.7 | 623.4 | 693.9 |
| Gross Profit | 812.1 | 646.5 | 473.2 | 382.3 | 341.3 | 368.2 | 314.9 | 269.5 | 227 | 280.8 |
| Operating Income | 104.1 | 133.1 | (25.8) | (35.5) | 7.8 | 72.3 | 56.1 | 55.4 | (11.2) | 35.3 |
| Net Income | 18.1 | 54.8 | (73.4) | (75.4) | (4) | 78.7 | (60.6) | (9.2) | (92.9) | (104.7) |
| EPS (Diluted) | 0.11 | 0.35 | -0.48 | -0.50 | -0.03 | 0.53 | -0.53 | -0.07 | -0.70 | -0.79 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 579.7 | 570.3 | 431.9 | 367.5 | 188.2 | 281.3 | 217.8 | 99.6 | 131.4 | 63.2 |
| Total Assets | 9,117 | 9,010.9 | 8,463.5 | 7,166.2 | 6,701.3 | 6,085.7 | 5,247.8 | 6,729.9 | 6,326 | 6,984.9 |
| Total Debt | 1,232.9 | 1,243.6 | 1,254.9 | 1,176.7 | 711.9 | 716 | 670.3 | 1,119.8 | 1,142.1 | 1,150.4 |
| Stockholders' Equity | 2,546.3 | 2,398.2 | 2,109.4 | 2,227.5 | 2,098.2 | 1,882.3 | 1,615.5 | 1,091.2 | 967.2 | 954.8 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 281.1 | 219.5 | 132.6 | 48.8 | (30.2) | 50.6 | 9.5 | (39.8) | (75.5) | (18.3) |
| Capital Expenditure | (109.6) | (114.4) | (94.5) | (63.7) | (59.8) | (55.2) | (40.2) | (50.8) | (32.9) | (34.5) |
| Free Cash Flow | 171.5 | 105.1 | 38.1 | (14.9) | (90) | (4.6) | (30.7) | (90.6) | (108.4) | (52.8) |