Dayforce Gross Profit Margin from 2010 to 2024

DAY Stock   77.17  0.36  0.46%   
Dayforce Gross Profit Margin yearly trend continues to be fairly stable with very little volatility. Gross Profit Margin will likely drop to 0.32 in 2024. During the period from 2010 to 2024, Dayforce Gross Profit Margin regression line of annual values had r-squared of  0.09 and arithmetic mean of  0.40. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.42709916
Current Value
0.32
Quarterly Volatility
0.02989292
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dayforce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dayforce's main balance sheet or income statement drivers, such as Tax Provision of 56.7 M, Depreciation And Amortization of 76.5 M or Interest Expense of 44.8 M, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 3.3. Dayforce financial statements analysis is a perfect complement when working with Dayforce Valuation or Volatility modules.
  
Check out the analysis of Dayforce Correlation against competitors.
For more information on how to buy Dayforce Stock please use our How to Invest in Dayforce guide.

Latest Dayforce's Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Dayforce over the last few years. It is Dayforce's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dayforce's overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Slightly volatile
   Gross Profit Margin   
       Timeline  

Dayforce Gross Profit Margin Regression Statistics

Arithmetic Mean0.40
Geometric Mean0.40
Coefficient Of Variation7.52
Mean Deviation0.02
Median0.40
Standard Deviation0.03
Sample Variance0.0009
Range0.1268
R-Value(0.30)
Mean Square Error0.0009
R-Squared0.09
Significance0.28
Slope(0)
Total Sum of Squares0.01

Dayforce Gross Profit Margin History

2024 0.32
2022 0.38
2021 0.37
2020 0.41
2019 0.45
2018 0.43
2017 0.39

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Dayforce. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin 0.43  0.32 

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Additional Tools for Dayforce Stock Analysis

When running Dayforce's price analysis, check to measure Dayforce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dayforce is operating at the current time. Most of Dayforce's value examination focuses on studying past and present price action to predict the probability of Dayforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dayforce's price. Additionally, you may evaluate how the addition of Dayforce to your portfolios can decrease your overall portfolio volatility.