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Side-by-side financial comparison of Dayforce (DAY) and Equity Residential (EQR). Click either name above to swap in a different company.
Equity Residential is the larger business by last-quarter revenue ($781.9M vs $481.6M, roughly 1.6× Dayforce). Equity Residential runs the higher net margin — 48.9% vs -40.9%, a 89.7% gap on every dollar of revenue. On growth, Dayforce posted the faster year-over-year revenue change (9.5% vs 2.0%). Over the past eight quarters, Dayforce's revenue compounded faster (9.8% CAGR vs 3.4%).
Dayforce, Inc., formerly Ceridian, is an American human resources software and services company.
Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.
DAY vs EQR — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $481.6M | $781.9M |
| Net Profit | $-196.8M | $382.1M |
| Gross Margin | — | — |
| Operating Margin | 6.3% | 50.6% |
| Net Margin | -40.9% | 48.9% |
| Revenue YoY | 9.5% | 2.0% |
| Net Profit YoY | -9940.0% | -8.8% |
| EPS (diluted) | $-1.23 | $1.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $781.9M | ||
| Q3 25 | $481.6M | $782.4M | ||
| Q2 25 | $464.7M | $768.8M | ||
| Q1 25 | $481.8M | $760.8M | ||
| Q4 24 | $465.2M | $766.8M | ||
| Q3 24 | $440.0M | $748.3M | ||
| Q2 24 | $423.3M | $734.2M | ||
| Q1 24 | $431.5M | $730.8M |
| Q4 25 | — | $382.1M | ||
| Q3 25 | $-196.8M | $289.1M | ||
| Q2 25 | $21.3M | $192.4M | ||
| Q1 25 | $14.9M | $256.6M | ||
| Q4 24 | $10.8M | $419.1M | ||
| Q3 24 | $2.0M | $143.4M | ||
| Q2 24 | $-1.8M | $177.5M | ||
| Q1 24 | $7.1M | $295.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | — | ||
| Q2 24 | 44.1% | — | ||
| Q1 24 | 47.6% | — |
| Q4 25 | — | 50.6% | ||
| Q3 25 | 6.3% | 38.5% | ||
| Q2 25 | 9.1% | 26.6% | ||
| Q1 25 | 6.4% | 35.7% | ||
| Q4 24 | 6.1% | 57.2% | ||
| Q3 24 | 4.7% | 20.1% | ||
| Q2 24 | 3.3% | 25.3% | ||
| Q1 24 | 9.4% | 42.0% |
| Q4 25 | — | 48.9% | ||
| Q3 25 | -40.9% | 36.9% | ||
| Q2 25 | 4.6% | 25.0% | ||
| Q1 25 | 3.1% | 33.7% | ||
| Q4 24 | 2.3% | 54.7% | ||
| Q3 24 | 0.5% | 19.2% | ||
| Q2 24 | -0.4% | 24.2% | ||
| Q1 24 | 1.6% | 40.5% |
| Q4 25 | — | $1.01 | ||
| Q3 25 | $-1.23 | $0.76 | ||
| Q2 25 | $0.13 | $0.50 | ||
| Q1 25 | $0.09 | $0.67 | ||
| Q4 24 | $0.07 | $1.10 | ||
| Q3 24 | $0.01 | $0.38 | ||
| Q2 24 | $-0.01 | $0.47 | ||
| Q1 24 | $0.04 | $0.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $627.6M | $55.9M |
| Total DebtLower is stronger | $631.1M | $8.2B |
| Stockholders' EquityBook value | $2.7B | $11.0B |
| Total Assets | $8.7B | $20.7B |
| Debt / EquityLower = less leverage | 0.23× | 0.75× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $55.9M | ||
| Q3 25 | $627.6M | $93.1M | ||
| Q2 25 | $625.2M | $31.3M | ||
| Q1 25 | $557.3M | $39.8M | ||
| Q4 24 | $579.7M | $62.3M | ||
| Q3 24 | $494.1M | $28.6M | ||
| Q2 24 | $465.4M | $38.3M | ||
| Q1 24 | $392.5M | $44.5M |
| Q4 25 | — | $8.2B | ||
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | — | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | $8.2B | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
| Q4 25 | — | $11.0B | ||
| Q3 25 | $2.7B | $11.1B | ||
| Q2 25 | $2.7B | $11.0B | ||
| Q1 25 | $2.6B | $11.0B | ||
| Q4 24 | $2.5B | $11.0B | ||
| Q3 24 | $2.6B | $10.9B | ||
| Q2 24 | $2.5B | $11.0B | ||
| Q1 24 | $2.4B | $11.1B |
| Q4 25 | — | $20.7B | ||
| Q3 25 | $8.7B | $21.1B | ||
| Q2 25 | $8.5B | $21.0B | ||
| Q1 25 | $9.5B | $20.6B | ||
| Q4 24 | $9.1B | $20.8B | ||
| Q3 24 | $8.1B | $20.9B | ||
| Q2 24 | $9.0B | $19.8B | ||
| Q1 24 | $10.8B | $19.9B |
| Q4 25 | — | 0.75× | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | 0.74× | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.49× | — | ||
| Q1 24 | 0.50× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $31.2M | $387.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.01× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $387.0M | ||
| Q3 25 | $31.2M | $476.7M | ||
| Q2 25 | $112.7M | $359.5M | ||
| Q1 25 | $49.6M | $425.5M | ||
| Q4 24 | $81.0M | $354.2M | ||
| Q3 24 | $91.8M | $401.4M | ||
| Q2 24 | $99.2M | $396.9M | ||
| Q1 24 | $9.1M | $421.0M |
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 1.65× | ||
| Q2 25 | 5.29× | 1.87× | ||
| Q1 25 | 3.33× | 1.66× | ||
| Q4 24 | 7.50× | 0.85× | ||
| Q3 24 | 45.90× | 2.80× | ||
| Q2 24 | — | 2.24× | ||
| Q1 24 | 1.28× | 1.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
EQR
Segment breakdown not available.
