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Side-by-side financial comparison of Dayforce (DAY) and VALHI INC (VHI). Click either name above to swap in a different company.
VALHI INC is the larger business by last-quarter revenue ($494.5M vs $481.6M, roughly 1.0× Dayforce). VALHI INC runs the higher net margin — -10.8% vs -40.9%, a 30.1% gap on every dollar of revenue. On growth, Dayforce posted the faster year-over-year revenue change (9.5% vs 2.8%). Over the past eight quarters, Dayforce's revenue compounded faster (9.8% CAGR vs -3.5%).
Dayforce, Inc., formerly Ceridian, is an American human resources software and services company.
Valhi, Inc. is an American holding company operating through wholly and majority-owned subsidiaries in a number of different industries. It was founded in 1987 as a result of the merger of the LLC Corporation and Amalgamated Sugar Company. The Contran Corporation owned 93% of Valhi's common stock as of December 2014. The chairman of the company was Harold Simmons until his death in 2013. As of 2014 it was a Fortune 1000 company.
DAY vs VHI — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $481.6M | $494.5M |
| Net Profit | $-196.8M | $-53.2M |
| Gross Margin | — | 6.9% |
| Operating Margin | 6.3% | -6.2% |
| Net Margin | -40.9% | -10.8% |
| Revenue YoY | 9.5% | 2.8% |
| Net Profit YoY | -9940.0% | -333.3% |
| EPS (diluted) | $-1.23 | $-1.86 |
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 | — | $494.5M | ||
| Q3 25 | $481.6M | $503.5M | ||
| Q2 25 | $464.7M | $540.4M | ||
| Q1 25 | $481.8M | $538.6M | ||
| Q4 24 | $465.2M | $480.9M | ||
| Q3 24 | $440.0M | $533.6M | ||
| Q2 24 | $423.3M | $559.7M | ||
| Q1 24 | $431.5M | $530.6M |
| Q4 25 | — | $-53.2M | ||
| Q3 25 | $-196.8M | $-22.2M | ||
| Q2 25 | $21.3M | $900.0K | ||
| Q1 25 | $14.9M | $16.9M | ||
| Q4 24 | $10.8M | $22.8M | ||
| Q3 24 | $2.0M | $57.5M | ||
| Q2 24 | $-1.8M | $19.9M | ||
| Q1 24 | $7.1M | $7.8M |
| Q4 25 | — | 6.9% | ||
| Q3 25 | — | 12.0% | ||
| Q2 25 | — | 14.5% | ||
| Q1 25 | — | 22.7% | ||
| Q4 24 | 47.0% | 20.9% | ||
| Q3 24 | 45.8% | 21.8% | ||
| Q2 24 | 44.1% | 21.7% | ||
| Q1 24 | 47.6% | 16.3% |
| Q4 25 | — | -6.2% | ||
| Q3 25 | 6.3% | 1.7% | ||
| Q2 25 | 9.1% | 6.6% | ||
| Q1 25 | 6.4% | 9.3% | ||
| Q4 24 | 6.1% | 11.8% | ||
| Q3 24 | 4.7% | 12.7% | ||
| Q2 24 | 3.3% | 9.8% | ||
| Q1 24 | 9.4% | 5.9% |
| Q4 25 | — | -10.8% | ||
| Q3 25 | -40.9% | -4.4% | ||
| Q2 25 | 4.6% | 0.2% | ||
| Q1 25 | 3.1% | 3.1% | ||
| Q4 24 | 2.3% | 4.7% | ||
| Q3 24 | 0.5% | 10.8% | ||
| Q2 24 | -0.4% | 3.6% | ||
| Q1 24 | 1.6% | 1.5% |
| Q4 25 | — | $-1.86 | ||
| Q3 25 | $-1.23 | $-0.78 | ||
| Q2 25 | $0.13 | $0.03 | ||
| Q1 25 | $0.09 | $0.59 | ||
| Q4 24 | $0.07 | $0.81 | ||
| Q3 24 | $0.01 | $2.01 | ||
| Q2 24 | $-0.01 | $0.70 | ||
| Q1 24 | $0.04 | $0.27 |
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 | $216.9M |
| Total DebtLower is stronger | $631.1M | $590.9M |
| Stockholders' EquityBook value | $2.7B | $1.0B |
| Total Assets | $8.7B | $2.6B |
| Debt / EquityLower = less leverage | 0.23× | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $216.9M | ||
| Q3 25 | $627.6M | $186.6M | ||
| Q2 25 | $625.2M | $190.9M | ||
| Q1 25 | $557.3M | $196.4M | ||
| Q4 24 | $579.7M | $350.2M | ||
| Q3 24 | $494.1M | $316.7M | ||
| Q2 24 | $465.4M | $386.9M | ||
| Q1 24 | $392.5M | $372.7M |
| Q4 25 | — | $590.9M | ||
| Q3 25 | $631.1M | $661.5M | ||
| Q2 25 | $631.8M | $544.8M | ||
| Q1 25 | $632.4M | $525.9M | ||
| Q4 24 | $1.2B | $484.4M | ||
| Q3 24 | $1.2B | $526.6M | ||
| Q2 24 | $1.2B | $497.4M | ||
| Q1 24 | $1.2B | $511.2M |
| Q4 25 | — | $1.0B | ||
| Q3 25 | $2.7B | $1.0B | ||
| Q2 25 | $2.7B | $1.1B | ||
| Q1 25 | $2.6B | $1.1B | ||
| Q4 24 | $2.5B | $1.0B | ||
| Q3 24 | $2.6B | $1.0B | ||
| Q2 24 | $2.5B | $962.6M | ||
| Q1 24 | $2.4B | $928.2M |
| Q4 25 | — | $2.6B | ||
| Q3 25 | $8.7B | $2.7B | ||
| Q2 25 | $8.5B | $2.8B | ||
| Q1 25 | $9.5B | $2.8B | ||
| Q4 24 | $9.1B | $2.8B | ||
| Q3 24 | $8.1B | $2.8B | ||
| Q2 24 | $9.0B | $2.5B | ||
| Q1 24 | $10.8B | $2.6B |
| Q4 25 | — | 0.58× | ||
| Q3 25 | 0.23× | 0.63× | ||
| Q2 25 | 0.23× | 0.51× | ||
| Q1 25 | 0.24× | 0.49× | ||
| Q4 24 | 0.47× | 0.47× | ||
| Q3 24 | 0.47× | 0.52× | ||
| Q2 24 | 0.49× | 0.52× | ||
| Q1 24 | 0.50× | 0.55× |
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 | $100.6M |
| Free Cash FlowOCF − Capex | — | $89.8M |
| FCF MarginFCF / Revenue | — | 18.2% |
| Capex IntensityCapex / Revenue | — | 2.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-82.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $100.6M | ||
| Q3 25 | $31.2M | $-1.9M | ||
| Q2 25 | $112.7M | $21.7M | ||
| Q1 25 | $49.6M | $-155.9M | ||
| Q4 24 | $81.0M | $45.8M | ||
| Q3 24 | $91.8M | $13.5M | ||
| Q2 24 | $99.2M | $33.5M | ||
| Q1 24 | $9.1M | $-48.8M |
| Q4 25 | — | $89.8M | ||
| Q3 25 | — | $-12.3M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $-168.7M | ||
| Q4 24 | — | $33.3M | ||
| Q3 24 | — | $3.9M | ||
| Q2 24 | — | $29.7M | ||
| Q1 24 | — | $-53.8M |
| Q4 25 | — | 18.2% | ||
| Q3 25 | — | -2.4% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | -31.3% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 5.3% | ||
| Q1 24 | — | -10.1% |
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | 24.11× | ||
| Q1 25 | 3.33× | -9.22× | ||
| Q4 24 | 7.50× | 2.01× | ||
| Q3 24 | 45.90× | 0.23× | ||
| Q2 24 | — | 1.68× | ||
| Q1 24 | 1.28× | -6.26× |
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% |
VHI
| Chemicals | $418.3M | 85% |
| Real Estate Management And Development | $38.5M | 8% |
| Security Products | $29.5M | 6% |
| Marine Components | $8.2M | 2% |
