Ceridian HCM Holding Inc. (CDAY) Bundle
Trading at a snapshot price of $69.18 (down $0.11, or -0.00%) as of Monday, December 22, 16:15:00 PST, Ceridian HCM Holding Inc., rebranding to Dayforce effective January 2024, stakes its claim as a global HCM leader by serving roughly 6.84 million employees worldwide-a figure that reflects a robust 15.0% year‑over‑year increase-and by earning placement in the Gartner Magic Quadrant for HCM Suites for 1,000+ Employee Enterprises for six consecutive years; anchored by the mission 'Make Work Life Better™,' the vision to 'be the always‑on people platform for the global workforce,' and core values of Customer Focus, Optimism, Transparency, Agility, and Diligence, the company is accelerating AI‑enabled payroll, HR, talent and workforce management capabilities designed to improve employee experience and operational efficiency across global enterprises
Ceridian HCM Holding Inc. (CDAY) - Intro
Ceridian HCM Holding Inc. (CDAY) is a U.S.-listed equity focused on human capital management (HCM) solutions, serving mid-market and enterprise customers with cloud-native payroll, workforce management, benefits, and talent management software. The stock is actively traded on the U.S. market; latest market snapshot below highlights current trading data and quick context.| Ticker | Market | Price (USD) | Change | Latest Trade Time |
|---|---|---|---|---|
| CDAY | USA | 69.18 | -0.11 (-0.00%) | Monday, December 22, 16:15:00 PST |
Mission
- To deliver intuitive, cloud-native HCM software that simplifies payroll, HR, and workforce management for organizations worldwide.
- To enable customers to manage people and payroll with accuracy, compliance, and real-time insight.
Vision
- To be the global platform employers rely on to power the entire employee lifecycle - from hire to retire - with continuous innovation and trusted data.
- To transform how organizations use workforce data to drive better business outcomes, employee experiences, and operational efficiency.
Core Values
- Customer Obsession - prioritizing accuracy, service, and outcomes that reduce risk and friction for customers.
- Continuous Innovation - investing in product development and R&D to maintain a modern, cloud-native platform.
- Integrity & Compliance - ensuring payroll accuracy and regulatory compliance across jurisdictions.
- Team Collaboration - fostering cross-functional teamwork to deliver integrated HCM solutions.
- Data-Driven Decisions - leveraging product telemetry and customer metrics to guide roadmap and support decisions.
Operational & Strategic Focus (select metrics and priorities)
- Recurring revenue emphasis: growing subscription ARR through customer expansion, retention, and cross-sell of adjacent HCM modules.
- Platform modernization: continued investment in cloud architecture and AI-enabled capabilities to improve automation and customer outcomes.
- Margin expansion: focus on operating leverage as SaaS scale increases, balancing R&D and sales investments with profitability targets.
For deeper financial analysis and investor insights into Ceridian HCM Holding Inc. (CDAY), see: Breaking Down Ceridian HCM Holding Inc. (CDAY) Financial Health: Key Insights for Investors
Ceridian HCM Holding Inc. (CDAY) - Overview
Ceridian HCM Holding Inc. (CDAY), rebranded as Dayforce, is a global leader in human capital management (HCM) technology, delivering a unified platform that combines HR, payroll, talent management, and workforce management to improve employee experience and operational efficiency.- Rebranding: Announced October 2023; effective January 2024 to align corporate identity with the Dayforce platform.
- Platform scope: Single-instance architecture delivering core HR, payroll, benefits, talent, time & attendance, and workforce planning.
- Market recognition: Named a Leader in the Gartner Magic Quadrant for HCM Suites for 1,000+ Employee Enterprises for six consecutive years.
- Innovation focus: Ongoing investment in AI-powered capabilities (intelligent payroll automation, predictive scheduling, talent insights) and expanded global localization.
| Metric | Value / Year | Notes |
|---|---|---|
| Global employees supported | 6.84 million (2024) | Year-over-year growth: +15.0% |
| Customer organizations | ~8,400 | Enterprise and mid-market across multiple industries |
| Gartner MQ recognition | Leader - 6 consecutive years | HCM Suites for 1,000+ Employee Enterprises |
| Headquarters / Global presence | Toronto, Canada (global offices) | Multi-country operations and localized payroll support |
- Operational scale: The Dayforce single-platform approach reduces integration overhead and accelerates payroll and HR processing cycles for large employers.
- Growth dynamics: Employee support expansion (+15% YoY) signals both net-new customer acquisition and deeper per-customer footprint (more employees on Dayforce per account).
- Product trajectory: Priorities include expanding AI-driven automation, workforce intelligence, global payroll coverage, and improving developer/partner ecosystems.
Ceridian HCM Holding Inc. (CDAY) - Mission Statement
Ceridian's mission, Make Work Life Better™, anchors the company's strategy and product development. It frames a people-first approach to human capital management (HCM) that targets improved employee engagement, satisfaction, productivity, and broader community impact.- Core promise: deliver HCM solutions that simplify payroll, workforce management, talent management, and employee experience to 'make work life better.'
- Scope: products and services designed for employers of all sizes across industries and geographies, with an emphasis on Dayforce as a single‑application cloud platform.
- Longevity: the mission has been consistently reiterated across investor communications, product roadmaps, and marketing since the company's modern cloud pivot.
- Product investment: sustained R&D and product engineering to enhance Dayforce capabilities (payroll, benefits, talent, scheduling, analytics).
- Customer outcomes: focus on reducing payroll errors, accelerating time‑to‑payroll close, and improving workforce productivity through real‑time data.
- Community & employee well‑being: internal programs and external partnerships intended to extend positive workplace practices beyond the enterprise.
| Metric | Value / Example |
|---|---|
| Global customers | ~6,000+ organizations spanning SMB to enterprise |
| Employees | ~6,500-7,000 global employees focused on product, services, and support |
| Annual revenue (most recent fiscal) | $~2.0B (reflecting continued growth in subscription and services) |
| R&D as % of revenue | ~8-12% (ongoing investment to enhance Dayforce functionality) |
| ARR / Subscription revenue growth | High single‑ to low double‑digit year‑over‑year growth in subscription ARR (driven by net new clients and expansions) |
| Customer retention / renewal rate | Strong retention >85% among recurring customers (reflecting platform stickiness) |
- Product roadmap prioritization: enhancements that directly improve employee and manager experiences (self‑service, mobile, analytics, compliance automation).
- Go‑to‑market: pairing product improvements with services and implementation practices that enable faster realization of value for customers.
- Capital allocation: balancing growth investments (sales, customer success, R&D) with margin discipline to support long‑term viability.
- Dayforce single‑application architecture reduces cross‑system reconciliation, lowering payroll error rates and administrative overhead.
- Real‑time pay and on‑demand pay offerings support employee financial wellness initiatives, contributing to improved retention and satisfaction.
- Analytics and workforce planning tools help employers optimize scheduling and labor costs while improving employee work‑life balance.
Ceridian HCM Holding Inc. (CDAY) - Vision Statement
Ceridian HCM Holding Inc. (CDAY) articulates a clear, consistent vision: to 'be the always-on people platform for the global workforce.' This vision drives product development, go-to-market strategy, and capital allocation, emphasizing continuous availability, real-time insights, and adaptive solutions that meet evolving workforce needs.- Always-on availability: platform uptime, continuous payroll and HR services, and 24/7 access for distributed teams.
- Real-time, data-driven insights: analytics and reporting designed to inform operational and strategic workforce decisions.
- Global scale and local compliance: multi-country payroll, localized tax and labor rules, and multilingual support.
- AI and automation-first roadmap: embedding machine learning into scheduling, talent management, and payroll reconciliation.
| Metric | Recent Value (approx.) | Relevance to Vision |
|---|---|---|
| Annual Recurring Revenue (ARR) | $1.3B-$1.4B | Demonstrates subscription backbone enabling always-on service delivery and predictable revenue for reinvestment. |
| Trailing 12‑Month Revenue | $1.4B-$1.5B | Reflects scale of operations and market adoption of the Dayforce platform. |
| R&D and Product Investment (% of revenue) | ~20% of revenue | Signals prioritization of AI, continuous improvement, and platform resilience. |
| Global customers | 5,000+ organizations | Supports vision of being the global workforce platform across industries and geographies. |
| Employees (global) | ~6,000 | Workforce to deliver 24/7 support, product engineering, and implementation services. |
| Platform uptime / availability | Target: >99.9% | Operational commitment to 'always-on' reliability for payroll and HR-critical functions. |
- AI-powered enhancements: predictive scheduling, talent insights, automated payroll reconciliation and anomaly detection.
- Market expansion: growing presence in Europe, APAC, and Latin America with localized payroll capabilities.
- Platform integrations: open APIs and partner ecosystem to extend Dayforce capabilities into broader enterprise stacks.
- Customer success focus: investments in deployment services, training, and 24/7 support to ensure continuous value realization.
Ceridian HCM Holding Inc. (CDAY) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.