Dayforce Inc. (DAY) - Net Assets
Based on the latest financial reports, Dayforce Inc. (DAY) has net assets worth $2.69 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.68 Billion) and total liabilities ($5.98 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Dayforce Inc. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.69 Billion |
| % of Total Assets | 31.06% |
| Annual Growth Rate | 11.51% |
| 5-Year Change | 21.36% |
| 10-Year Change | N/A |
| Growth Volatility | 12.48 |
Dayforce Inc. - Net Assets Trend (2015–2024)
This chart illustrates how Dayforce Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore DAY total assets for the complete picture of this company's asset base.
Annual Net Assets for Dayforce Inc. (2015–2024)
The table below shows the annual net assets of Dayforce Inc. from 2015 to 2024. For live valuation and market cap data, see Dayforce Inc. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.55 Billion | +6.18% |
| 2023-12-31 | $2.40 Billion | +13.69% |
| 2022-12-31 | $2.11 Billion | -5.30% |
| 2021-12-31 | $2.23 Billion | +6.16% |
| 2020-12-31 | $2.10 Billion | +11.47% |
| 2019-12-31 | $1.88 Billion | +16.52% |
| 2018-12-31 | $1.62 Billion | +43.09% |
| 2017-12-31 | $1.13 Billion | +12.24% |
| 2016-12-31 | $1.01 Billion | +5.35% |
| 2015-12-31 | $954.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dayforce Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 13700000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.60 Million | 0.06% |
| Other Comprehensive Income | $-482.70 Million | -18.96% |
| Other Components | $3.36 Billion | 132.08% |
| Total Equity | $2.55 Billion | 100.00% |
Dayforce Inc. Competitors by Market Cap
The table below lists competitors of Dayforce Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Zheneng Electric Power Co Ltd
SHG:600023
|
$11.18 Billion |
|
Gildan Activewear Inc.
TO:GIL
|
$11.20 Billion |
|
BUDWEISER BREW.UNSP.ADR/4
F:4BB1
|
$11.20 Billion |
|
DIETEREN GR. UNSP.ADR 1/2
F:DJD
|
$11.24 Billion |
|
Eurofins Scientific SE
F:ESF0
|
$11.18 Billion |
|
JAMES HARDIE INDUST.ADR/1
F:JHA0
|
$11.18 Billion |
|
LPP S.A.
WAR:LPP
|
$11.18 Billion |
|
Industrivarden AB ser. C
ST:INDU-C
|
$11.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dayforce Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,398,200,000 to 2,546,300,000, a change of 148,100,000 (6.2%).
- Net income of 18,100,000 contributed positively to equity growth.
- Share repurchases of 36,100,000 reduced equity.
- Other comprehensive income decreased equity by 46,000,000.
- Other factors increased equity by 212,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.10 Million | +0.71% |
| Share Repurchases | $36.10 Million | -1.42% |
| Other Comprehensive Income | $-46.00 Million | -1.81% |
| Other Changes | $212.10 Million | +8.33% |
| Total Change | $- | 6.18% |
Book Value vs Market Value Analysis
This analysis compares Dayforce Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9.74x to 4.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $7.17 | $69.86 | x |
| 2016-12-31 | $7.26 | $69.86 | x |
| 2017-12-31 | $8.19 | $69.86 | x |
| 2018-12-31 | $14.16 | $69.86 | x |
| 2019-12-31 | $12.65 | $69.86 | x |
| 2020-12-31 | $14.30 | $69.86 | x |
| 2021-12-31 | $14.81 | $69.86 | x |
| 2022-12-31 | $13.79 | $69.86 | x |
| 2023-12-31 | $15.13 | $69.86 | x |
| 2024-12-31 | $15.87 | $69.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dayforce Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.03%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 3.58x
- Recent ROE (0.71%) is above the historical average (-2.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -10.97% | -15.09% | 0.10x | 7.32x | $-200.18 Million |
| 2016 | -9.61% | -14.90% | 0.10x | 6.54x | $-189.62 Million |
| 2017 | -0.84% | -1.23% | 0.11x | 6.17x | $-118.32 Million |
| 2018 | -3.75% | -8.18% | 0.14x | 3.25x | $-222.15 Million |
| 2019 | 4.18% | 9.55% | 0.14x | 3.23x | $-109.53 Million |
| 2020 | -0.19% | -0.47% | 0.13x | 3.19x | $-213.82 Million |
| 2021 | -3.38% | -7.36% | 0.14x | 3.22x | $-298.15 Million |
| 2022 | -3.48% | -5.89% | 0.16x | 3.75x | $-284.34 Million |
| 2023 | 2.29% | 3.62% | 0.17x | 3.76x | $-185.02 Million |
| 2024 | 0.71% | 1.03% | 0.19x | 3.58x | $-236.53 Million |
Industry Comparison
This section compares Dayforce Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,232,448,014
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dayforce Inc. (DAY) | $2.69 Billion | -10.97% | 2.22x | $11.18 Billion |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $93.73 Billion |
| ADEIA CORP (ADEA) | $545.10 Million | -11.47% | 0.92x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $949.50 Million | 19.76% | 0.77x | $76.36 Billion |
| Autodesk Inc (ADSK) | $267.30 Million | 21.62% | 0.23x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $805.00 Million | 2.73% | 7.18x | $408.81 Million |
| Alkami Technology Inc (ALKT) | $344.61 Million | -13.59% | 0.27x | $1.72 Billion |
About Dayforce Inc.
Dayforce, Inc. together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, Australia, and internationally. The company offers Dayforce, a cloud HCM platform that provides human resources, payroll and tax, workforce management, wallet, benefits, and talent intelligence functionalities; and Powerpay, a cloud HR and payroll solution for… Read more