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Side-by-side financial comparison of Dayforce (DAY) and Essex Property Trust (ESS). Click either name above to swap in a different company.
Dayforce is the larger business by last-quarter revenue ($481.6M vs $479.6M, roughly 1.0× Essex Property Trust). Essex Property Trust runs the higher net margin — 17.9% vs -40.9%, a 58.7% gap on every dollar of revenue. On growth, Dayforce posted the faster year-over-year revenue change (9.5% vs 5.5%). Over the past eight quarters, Dayforce's revenue compounded faster (9.8% CAGR vs 6.0%).
Dayforce, Inc., formerly Ceridian, is an American human resources software and services company.
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.
DAY vs ESS — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $481.6M | $479.6M |
| Net Profit | $-196.8M | $85.7M |
| Gross Margin | — | 70.0% |
| Operating Margin | 6.3% | 31.7% |
| Net Margin | -40.9% | 17.9% |
| Revenue YoY | 9.5% | 5.5% |
| Net Profit YoY | -9940.0% | -71.6% |
| EPS (diluted) | $-1.23 | $1.24 |
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 | — | $479.6M | ||
| Q3 25 | $481.6M | $473.3M | ||
| Q2 25 | $464.7M | $469.8M | ||
| Q1 25 | $481.8M | $464.6M | ||
| Q4 24 | $465.2M | $454.5M | ||
| Q3 24 | $440.0M | $450.7M | ||
| Q2 24 | $423.3M | $442.4M | ||
| Q1 24 | $431.5M | $426.9M |
| Q4 25 | — | $85.7M | ||
| Q3 25 | $-196.8M | $172.7M | ||
| Q2 25 | $21.3M | $231.5M | ||
| Q1 25 | $14.9M | $212.8M | ||
| Q4 24 | $10.8M | $301.7M | ||
| Q3 24 | $2.0M | $125.5M | ||
| Q2 24 | $-1.8M | $99.0M | ||
| Q1 24 | $7.1M | $285.1M |
| Q4 25 | — | 70.0% | ||
| Q3 25 | — | 69.2% | ||
| Q2 25 | — | 70.7% | ||
| Q1 25 | — | 69.6% | ||
| Q4 24 | 47.0% | 70.0% | ||
| Q3 24 | 45.8% | 69.5% | ||
| Q2 24 | 44.1% | 70.8% | ||
| Q1 24 | 47.6% | 69.7% |
| Q4 25 | — | 31.7% | ||
| Q3 25 | 6.3% | 44.5% | ||
| Q2 25 | 9.1% | 59.5% | ||
| Q1 25 | 6.4% | 55.3% | ||
| Q4 24 | 6.1% | 67.0% | ||
| Q3 24 | 4.7% | 28.6% | ||
| Q2 24 | 3.3% | 31.1% | ||
| Q1 24 | 9.4% | 31.0% |
| Q4 25 | — | 17.9% | ||
| Q3 25 | -40.9% | 36.5% | ||
| Q2 25 | 4.6% | 49.3% | ||
| Q1 25 | 3.1% | 45.8% | ||
| Q4 24 | 2.3% | 66.4% | ||
| Q3 24 | 0.5% | 27.8% | ||
| Q2 24 | -0.4% | 22.4% | ||
| Q1 24 | 1.6% | 66.8% |
| Q4 25 | — | $1.24 | ||
| Q3 25 | $-1.23 | $2.56 | ||
| Q2 25 | $0.13 | $3.44 | ||
| Q1 25 | $0.09 | $3.16 | ||
| Q4 24 | $0.07 | $4.00 | ||
| Q3 24 | $0.01 | $1.84 | ||
| Q2 24 | $-0.01 | $1.45 | ||
| Q1 24 | $0.04 | $4.25 |
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 | $76.2M |
| Total DebtLower is stronger | $631.1M | — |
| Stockholders' EquityBook value | $2.7B | $5.5B |
| Total Assets | $8.7B | $13.2B |
| Debt / EquityLower = less leverage | 0.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $76.2M | ||
| Q3 25 | $627.6M | $66.0M | ||
| Q2 25 | $625.2M | $58.7M | ||
| Q1 25 | $557.3M | $98.7M | ||
| Q4 24 | $579.7M | $66.8M | ||
| Q3 24 | $494.1M | $71.3M | ||
| Q2 24 | $465.4M | $55.2M | ||
| Q1 24 | $392.5M | $499.0M |
| Q4 25 | — | — | ||
| Q3 25 | $631.1M | $6.4B | ||
| Q2 25 | $631.8M | $6.4B | ||
| Q1 25 | $632.4M | $6.8B | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | $6.4B | ||
| Q2 24 | $1.2B | $6.2B | ||
| Q1 24 | $1.2B | $6.6B |
| Q4 25 | — | $5.5B | ||
| Q3 25 | $2.7B | $5.6B | ||
| Q2 25 | $2.7B | $5.6B | ||
| Q1 25 | $2.6B | $5.6B | ||
| Q4 24 | $2.5B | $5.5B | ||
| Q3 24 | $2.6B | $5.4B | ||
| Q2 24 | $2.5B | $5.5B | ||
| Q1 24 | $2.4B | $5.5B |
| Q4 25 | — | $13.2B | ||
| Q3 25 | $8.7B | $13.2B | ||
| Q2 25 | $8.5B | $13.2B | ||
| Q1 25 | $9.5B | $13.2B | ||
| Q4 24 | $9.1B | $12.9B | ||
| Q3 24 | $8.1B | $12.6B | ||
| Q2 24 | $9.0B | $12.5B | ||
| Q1 24 | $10.8B | $12.9B |
| Q4 25 | — | — | ||
| Q3 25 | 0.23× | 1.15× | ||
| Q2 25 | 0.23× | 1.14× | ||
| Q1 25 | 0.24× | 1.22× | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | 1.18× | ||
| Q2 24 | 0.49× | 1.13× | ||
| Q1 24 | 0.50× | 1.19× |
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 | $1.1B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 12.53× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.1B | ||
| Q3 25 | $31.2M | $342.6M | ||
| Q2 25 | $112.7M | $216.1M | ||
| Q1 25 | $49.6M | $281.5M | ||
| Q4 24 | $81.0M | $1.1B | ||
| Q3 24 | $91.8M | $316.2M | ||
| Q2 24 | $99.2M | $218.9M | ||
| Q1 24 | $9.1M | $314.9M |
| Q4 25 | — | 12.53× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | 5.29× | 0.93× | ||
| Q1 25 | 3.33× | 1.32× | ||
| Q4 24 | 7.50× | 3.54× | ||
| Q3 24 | 45.90× | 2.52× | ||
| Q2 24 | — | 2.21× | ||
| Q1 24 | 1.28× | 1.10× |
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% |
ESS
Segment breakdown not available.
