This page shows NASDAQ US Dividend Achievers 50 Index (DAY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Dayforce is expanding gross profit and cash generation, but more of each new revenue dollar is being absorbed below the gross line.
Over the last two valid years, operating cash flow climbed from$132.6M to$281.1M . At the same time, net income fell to$18.1M from$54.8M as depreciation and amortization grew much faster, which means reported profit is being held down more by non-cash charges than by a similar deterioration in cash earnings.
The business is keeping a larger share of revenue after direct service costs, with gross margin rising from
Liquidity looks workable rather than roomy: the current ratio stayed near 1.1x for two straight years, so routine operations depend on steady operating inflows more than on a large short-term cushion. With long-term debt around
Financial Health Signals
Based on FY2024 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of NASDAQ US Dividend Achievers 50 Index's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
NASDAQ US Dividend Achievers 50 Index has an operating margin of 5.9%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 34/100, indicating healthy but not exceptional operating efficiency. This is down from 8.8% the prior year.
NASDAQ US Dividend Achievers 50 Index's revenue surged 16.3% year-over-year to $1.8B, reflecting rapid business expansion. This strong growth earns a score of 65/100.
NASDAQ US Dividend Achievers 50 Index carries a low D/E ratio of 0.47, meaning only $0.47 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.
NASDAQ US Dividend Achievers 50 Index's current ratio of 1.13 is below the typical benchmark, resulting in a score of 18/100. This tight liquidity could limit financial flexibility if cash inflows slow.
NASDAQ US Dividend Achievers 50 Index generates a 0.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 12/100. This is down from 2.3% the prior year.
NASDAQ US Dividend Achievers 50 Index scores 1.29, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($11.2B) relative to total liabilities ($6.6B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
NASDAQ US Dividend Achievers 50 Index passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, NASDAQ US Dividend Achievers 50 Index generates $15.53 in operating cash flow ($281.1M OCF vs $18.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
NASDAQ US Dividend Achievers 50 Index earns $2.6 in operating income for every $1 of interest expense ($104.1M vs $40.6M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
NASDAQ US Dividend Achievers 50 Index generated $1.8B in revenue in fiscal year 2024. This represents an increase of 16.3% from the prior year.
NASDAQ US Dividend Achievers 50 Index's EBITDA was $313.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 18.2% from the prior year.
NASDAQ US Dividend Achievers 50 Index reported $18.1M in net income in fiscal year 2024. This represents a decrease of 67.0% from the prior year.
NASDAQ US Dividend Achievers 50 Index earned $0.11 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 68.6% from the prior year.
Cash & Balance Sheet
NASDAQ US Dividend Achievers 50 Index held $579.7M in cash against $1.2B in long-term debt as of fiscal year 2024.
NASDAQ US Dividend Achievers 50 Index had 159M shares outstanding in fiscal year 2024. This represents an increase of 1.7% from the prior year.
Margins & Returns
NASDAQ US Dividend Achievers 50 Index's gross margin was 46.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 3.4 percentage points from the prior year.
NASDAQ US Dividend Achievers 50 Index's operating margin was 5.9% in fiscal year 2024, reflecting core business profitability. This is down 2.9 percentage points from the prior year.
NASDAQ US Dividend Achievers 50 Index's net profit margin was 1.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 2.6 percentage points from the prior year.
NASDAQ US Dividend Achievers 50 Index's ROE was 0.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.6 percentage points from the prior year.
Capital Allocation
NASDAQ US Dividend Achievers 50 Index invested $123.0M in research and development in fiscal year 2024. This represents an increase of 9.8% from the prior year.
NASDAQ US Dividend Achievers 50 Index spent $36.1M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
DAY Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $481.6M+3.6% | $464.7M-3.5% | $481.8M+3.6% | $465.2M+5.7% | $440.0M+3.9% | $423.3M-1.9% | $431.5M+8.0% | $399.7M |
| Cost of Revenue | N/A | N/A | N/A | $889.3M+4175.5% | $20.8M+7.8% | $19.3M+4.3% | $18.5M-92.0% | $229.9M |
| Gross Profit | N/A | N/A | N/A | -$424.1M-310.7% | $201.3M+7.8% | $186.8M-9.1% | $205.4M+21.0% | $169.8M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $81.2M+37.9% | $58.9M-17.2% | $71.1M-62.1% | $187.6M+195.9% | $63.4M+7.5% | $59.0M+5.4% | $56.0M+147.0% | -$119.2M |
| Operating Income | $30.5M-27.9% | $42.3M+36.5% | $31.0M+8.8% | $28.5M+37.0% | $20.8M+47.5% | $14.1M-65.4% | $40.7M+4.9% | $38.8M |
| Interest Expense | $6.7M-5.6% | $7.1M-10.1% | $7.9M+6.8% | $7.4M-15.9% | $8.8M-20.7% | $11.1M-16.5% | $13.3M+49.4% | $8.9M |
| Income Tax | $43.9M+158.2% | $17.0M+304.8% | $4.2M+142.4% | -$9.9M-160.7% | $16.3M+805.6% | $1.8M-84.1% | $11.3M+211.9% | -$10.1M |
| Net Income | -$196.8M-1023.9% | $21.3M+43.0% | $14.9M+38.0% | $10.8M+440.0% | $2.0M+211.1% | -$1.8M-125.4% | $7.1M-84.4% | $45.6M |
| EPS (Diluted) | $-1.23-1046.2% | $0.13+44.4% | $0.09 | N/A | $0.01+200.0% | $-0.01-125.0% | $0.04 | N/A |
DAY Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.7B+2.1% | $8.5B-10.5% | $9.5B+4.2% | $9.1B+12.3% | $8.1B-10.3% | $9.0B-16.0% | $10.8B+19.6% | $9.0B |
| Current Assets | $5.5B+4.1% | $5.3B-16.4% | $6.4B+6.3% | $6.0B+22.0% | $4.9B-16.0% | $5.8B-22.7% | $7.6B+26.9% | $6.0B |
| Cash & Equivalents | $627.6M+0.4% | $625.2M+12.2% | $557.3M-3.9% | $579.7M+17.3% | $494.1M+6.2% | $465.4M+18.6% | $392.5M-31.2% | $570.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $2.4B+0.1% | $2.4B+1.7% | $2.3B+0.3% | $2.3B-2.4% | $2.4B+0.5% | $2.4B-0.1% | $2.4B+4.0% | $2.3B |
| Total Liabilities | $6.0B+3.2% | $5.8B-16.1% | $6.9B+5.1% | $6.6B+18.2% | $5.6B-15.4% | $6.6B-21.2% | $8.3B+26.2% | $6.6B |
| Current Liabilities | $5.3B+3.6% | $5.1B-17.8% | $6.2B+17.2% | $5.3B+24.2% | $4.3B-19.0% | $5.3B-25.1% | $7.0B+32.1% | $5.3B |
| Long-Term Debt | $631.1M-0.1% | $631.8M-0.1% | $632.4M-47.7% | $1.2B-0.1% | $1.2B-0.1% | $1.2B-0.1% | $1.2B+0.1% | $1.2B |
| Total Equity | $2.7B-0.3% | $2.7B+4.3% | $2.6B+1.8% | $2.5B-0.4% | $2.6B+3.2% | $2.5B+1.8% | $2.4B+1.4% | $2.4B |
| Retained Earnings | -$556.3M-58.6% | -$350.8M+0.1% | -$351.3M-4.6% | -$335.8M+1.4% | -$340.5M-9.0% | -$312.5M-0.6% | -$310.7M+2.2% | -$317.8M |
DAY Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $31.2M-72.3% | $112.7M+127.2% | $49.6M-38.8% | $81.0M-11.8% | $91.8M-7.5% | $99.2M+990.1% | $9.1M-89.9% | $89.9M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$112.3M-86.5% | -$60.2M+49.9% | -$120.1M-770.3% | -$13.8M+81.5% | -$74.6M+19.6% | -$92.8M+68.1% | -$290.7M-54.7% | -$187.9M |
| Financing Cash Flow | $196.8M+116.3% | -$1.2B-518.6% | $288.6M-74.4% | $1.1B+204.8% | -$1.1B+39.1% | -$1.8B-199.6% | $1.8B+1816.3% | -$103.3M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $9.0M-56.7% | $20.8M-30.9% | $30.1M+312.3% | $7.3M | N/A | N/A | N/A | N/A |
DAY Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | -91.2%-136.9pp | 45.8%+1.6pp | 44.1%-3.5pp | 47.6%+5.1pp | 42.5% |
| Operating Margin | 6.3%-2.8pp | 9.1%+2.7pp | 6.4%+0.3pp | 6.1%+1.4pp | 4.7%+1.4pp | 3.3%-6.1pp | 9.4%-0.3pp | 9.7% |
| Net Margin | -40.9%-45.4pp | 4.6%+1.5pp | 3.1%+0.8pp | 2.3%+1.9pp | 0.4%+0.9pp | -0.4%-2.1pp | 1.7%-9.8pp | 11.4% |
| Return on Equity | -7.3%-8.1pp | 0.8%+0.2pp | 0.6%+0.2pp | 0.4%+0.3pp | 0.1%+0.1pp | -0.1%-0.4pp | 0.3%-1.6pp | 1.9% |
| Return on Assets | -2.3%-2.5pp | 0.3%+0.1pp | 0.2%+0.0pp | 0.1%+0.1pp | 0.0%+0.0pp | -0.0%-0.1pp | 0.1%-0.4pp | 0.5% |
| Current Ratio | 1.040.0 | 1.04+0.0 | 1.02-0.1 | 1.13-0.0 | 1.15+0.0 | 1.11+0.0 | 1.07-0.0 | 1.12 |
| Debt-to-Equity | 0.230.0 | 0.23-0.0 | 0.24-0.2 | 0.470.0 | 0.47-0.0 | 0.490.0 | 0.500.0 | 0.50 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is NASDAQ US Dividend Achievers 50 Index's annual revenue?
NASDAQ US Dividend Achievers 50 Index (DAY) reported $1.8B in total revenue for fiscal year 2024. This represents a 16.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is NASDAQ US Dividend Achievers 50 Index's revenue growing?
NASDAQ US Dividend Achievers 50 Index (DAY) revenue grew by 16.3% year-over-year, from $1.5B to $1.8B in fiscal year 2024.
Is NASDAQ US Dividend Achievers 50 Index profitable?
Yes, NASDAQ US Dividend Achievers 50 Index (DAY) reported a net income of $18.1M in fiscal year 2024, with a net profit margin of 1.0%.
What is NASDAQ US Dividend Achievers 50 Index's EBITDA?
NASDAQ US Dividend Achievers 50 Index (DAY) had EBITDA of $313.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does NASDAQ US Dividend Achievers 50 Index have?
As of fiscal year 2024, NASDAQ US Dividend Achievers 50 Index (DAY) had $579.7M in cash and equivalents against $1.2B in long-term debt.
What is NASDAQ US Dividend Achievers 50 Index's gross margin?
NASDAQ US Dividend Achievers 50 Index (DAY) had a gross margin of 46.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is NASDAQ US Dividend Achievers 50 Index's operating margin?
NASDAQ US Dividend Achievers 50 Index (DAY) had an operating margin of 5.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is NASDAQ US Dividend Achievers 50 Index's net profit margin?
NASDAQ US Dividend Achievers 50 Index (DAY) had a net profit margin of 1.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is NASDAQ US Dividend Achievers 50 Index's return on equity (ROE)?
NASDAQ US Dividend Achievers 50 Index (DAY) has a return on equity of 0.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is NASDAQ US Dividend Achievers 50 Index's operating cash flow?
NASDAQ US Dividend Achievers 50 Index (DAY) generated $281.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are NASDAQ US Dividend Achievers 50 Index's total assets?
NASDAQ US Dividend Achievers 50 Index (DAY) had $9.1B in total assets as of fiscal year 2024, including both current and long-term assets.
How much does NASDAQ US Dividend Achievers 50 Index spend on research and development?
NASDAQ US Dividend Achievers 50 Index (DAY) invested $123.0M in research and development during fiscal year 2024.
What is NASDAQ US Dividend Achievers 50 Index's current ratio?
NASDAQ US Dividend Achievers 50 Index (DAY) had a current ratio of 1.13 as of fiscal year 2024, which is considered adequate.
What is NASDAQ US Dividend Achievers 50 Index's debt-to-equity ratio?
NASDAQ US Dividend Achievers 50 Index (DAY) had a debt-to-equity ratio of 0.47 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is NASDAQ US Dividend Achievers 50 Index's return on assets (ROA)?
NASDAQ US Dividend Achievers 50 Index (DAY) had a return on assets of 0.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is NASDAQ US Dividend Achievers 50 Index's Altman Z-Score?
NASDAQ US Dividend Achievers 50 Index (DAY) has an Altman Z-Score of 1.29, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is NASDAQ US Dividend Achievers 50 Index's Piotroski F-Score?
NASDAQ US Dividend Achievers 50 Index (DAY) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are NASDAQ US Dividend Achievers 50 Index's earnings high quality?
NASDAQ US Dividend Achievers 50 Index (DAY) has an earnings quality ratio of 15.53x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can NASDAQ US Dividend Achievers 50 Index cover its interest payments?
NASDAQ US Dividend Achievers 50 Index (DAY) has an interest coverage ratio of 2.6x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is NASDAQ US Dividend Achievers 50 Index?
NASDAQ US Dividend Achievers 50 Index (DAY) scores 37 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.