Tax Rate: 44.39%
Is the tax rate high or low?
The tax rate of 44.39% is 31% below its 2-year average of 64.54%, around the middle of its 2-year range (-28.45%–130.40%).
33.80% below its 12-month average of 67.05%.
DAY Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
DAY Average Tax Rate Chart
DAY Current vs Average Tax Rate Chart
DAY Tax Rate Metrics
TAX RATE
44.39%
TAX RATE AVG TTM
67.05%
TAX RATE AVG 3Y
64.54%
TAX RATE AVG 5Y
64.54%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-33.80%
CURRENT VS 3Y AVG
-31.23%
CURRENT VS 5Y AVG
-31.23%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Dayforce Inc (DAY)?
- The tax rate for DAY stock is 44.39%.
- Is Dayforce Inc's tax rate high or low?
- The tax rate of 44.39% is 31% below its 2-year average of 64.54%, around the middle of its 2-year range (-28.45%–130.40%).
- What is the TTM average tax rate for Dayforce Inc (DAY)?
- The TTM average tax rate for DAY stock is 67.05%.
- What is the 3Y average tax rate for Dayforce Inc (DAY)?
- The 3Y average tax rate for DAY stock is 64.54%.
- What is the 5Y average tax rate for Dayforce Inc (DAY)?
- The 5Y average tax rate for DAY stock is 64.54%.
DAY Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-06-30 | 44.39% |
| 2025-03-31 | 21.99% |
| 2024-09-30 | 89.07% |
| 2024-06-30 | 112.77% |
| 2024-03-31 | 61.41% |
| 2023-12-31 | -28.45% |
| 2023-09-30 | 130.40% |
| 2023-06-30 | 84.18% |
| 2023-03-31 | 65.14% |
| 2020-03-31 | 48.81% |
| 2019-12-31 | 112.93% |
| 2019-06-30 | 27.59% |
| 2019-03-31 | 33.73% |
| 2018-12-31 | 14.96% |
| 2018-09-30 | -13.85% |
| 2018-03-31 | 85.00% |
Related Metrics
About Dayforce Inc
Dayforce Inc. operates as a leading software provider focused on human capital management (HCM) solutions, serving businesses throughout the United States, Canada, and other international markets. The company's primary offering is its cloud-based Dayforce platform, which seamlessly integrates various functions such as human resources, payroll processing, benefits administration, workforce scheduling and management, and talent development. For the small business segment, Dayforce Inc. provides Powerpay, a distinct cloud HR and payroll system. Additionally, it offers Bureau solutions for comprehensive payroll and related administrative services. The company distributes its solutions via a dedicated direct sales team and through collaborations with third-party channels. Established in 2013 and based in Minneapolis, Minnesota, the organization rebranded from Ceridian HCM Holding Inc. to Dayforce Inc. in February 2024.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Stephen H. Holdridge