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ProFrac Holding Corp.（ACDC）与Dayforce（DAY）财务数据对比。点击上方公司名可切换其他公司
Dayforce的季度营收约是ProFrac Holding Corp.的1.1倍（$481.6M vs $436.5M），ProFrac Holding Corp.净利率更高（-33.2% vs -40.9%，领先7.7%），Dayforce同比增速更快（9.5% vs -4.0%），过去两年Dayforce的营收复合增速更高（9.8% vs -13.4%）
ProFrac Holding Corp.是一家领先的北美能源服务企业，主要为油气勘探开采企业提供水力压裂、完井及相关配套服务，核心客户覆盖美国、加拿大主要陆上页岩及常规油气产区的上游运营商。
Dayforce前身为知名人力资源服务商Ceridian，是一家总部位于美国的人力资源软件及服务企业，面向各行业不同规模的客户提供覆盖薪酬核算、人员管理、考勤等多场景的HR SaaS产品及配套专业服务，助力企业提升人力资源运营效率。
ACDC vs DAY — 直观对比
营收规模更大
DAY
是对方的1.1倍
$436.5M
营收增速更快
DAY
高出13.5%
-4.0%
净利率更高
ACDC
高出7.7%
-40.9%
两年增速更快
DAY
近两年复合增速
-13.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $436.5M | $481.6M |
| 净利润 | $-144.7M | $-196.8M |
| 毛利率 | — | — |
| 营业利润率 | -24.9% | 6.3% |
| 净利率 | -33.2% | -40.9% |
| 营收同比 | -4.0% | 9.5% |
| 净利润同比 | -37.8% | -9940.0% |
| 每股收益（稀释后） | $-0.83 | $-1.23 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ACDCDAY
| Q4 25 | $436.5M | — | ||
| Q3 25 | $403.1M | $481.6M | ||
| Q2 25 | $501.9M | $464.7M | ||
| Q1 25 | $600.3M | $481.8M | ||
| Q4 24 | $454.7M | $465.2M | ||
| Q3 24 | $575.3M | $440.0M | ||
| Q2 24 | $579.4M | $423.3M | ||
| Q1 24 | $581.5M | $431.5M |
净利润ACDCDAY
| Q4 25 | $-144.7M | — | ||
| Q3 25 | $-100.9M | $-196.8M | ||
| Q2 25 | $-105.9M | $21.3M | ||
| Q1 25 | $-17.5M | $14.9M | ||
| Q4 24 | $-105.0M | $10.8M | ||
| Q3 24 | $-45.2M | $2.0M | ||
| Q2 24 | $-66.7M | $-1.8M | ||
| Q1 24 | $1.8M | $7.1M |
毛利率ACDCDAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 47.0% | ||
| Q3 24 | — | 45.8% | ||
| Q2 24 | — | 44.1% | ||
| Q1 24 | — | 47.6% |
营业利润率ACDCDAY
| Q4 25 | -24.9% | — | ||
| Q3 25 | -19.5% | 6.3% | ||
| Q2 25 | -10.8% | 9.1% | ||
| Q1 25 | 2.7% | 6.4% | ||
| Q4 24 | -10.3% | 6.1% | ||
| Q3 24 | -0.7% | 4.7% | ||
| Q2 24 | -8.5% | 3.3% | ||
| Q1 24 | 6.9% | 9.4% |
净利率ACDCDAY
| Q4 25 | -33.2% | — | ||
| Q3 25 | -25.0% | -40.9% | ||
| Q2 25 | -21.1% | 4.6% | ||
| Q1 25 | -2.9% | 3.1% | ||
| Q4 24 | -23.1% | 2.3% | ||
| Q3 24 | -7.9% | 0.5% | ||
| Q2 24 | -11.5% | -0.4% | ||
| Q1 24 | 0.3% | 1.6% |
每股收益（稀释后）ACDCDAY
| Q4 25 | $-0.83 | — | ||
| Q3 25 | $-0.60 | $-1.23 | ||
| Q2 25 | $-0.67 | $0.13 | ||
| Q1 25 | $-0.12 | $0.09 | ||
| Q4 24 | $-0.67 | $0.07 | ||
| Q3 24 | $-0.29 | $0.01 | ||
| Q2 24 | $-0.42 | $-0.01 | ||
| Q1 24 | $0.00 | $0.04 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $22.9M | $627.6M |
| 总债务越低越好 | $832.7M | $631.1M |
| 股东权益账面价值 | $717.5M | $2.7B |
| 总资产 | $2.6B | $8.7B |
| 负债/权益比越低杠杆越低 | 1.16× | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资ACDCDAY
| Q4 25 | $22.9M | — | ||
| Q3 25 | $58.0M | $627.6M | ||
| Q2 25 | $26.0M | $625.2M | ||
| Q1 25 | $16.0M | $557.3M | ||
| Q4 24 | $14.8M | $579.7M | ||
| Q3 24 | $25.5M | $494.1M | ||
| Q2 24 | $24.0M | $465.4M | ||
| Q1 24 | $28.3M | $392.5M |
总债务ACDCDAY
| Q4 25 | $832.7M | — | ||
| Q3 25 | $907.0M | $631.1M | ||
| Q2 25 | $941.9M | $631.8M | ||
| Q1 25 | $967.9M | $632.4M | ||
| Q4 24 | $936.1M | $1.2B | ||
| Q3 24 | $986.7M | $1.2B | ||
| Q2 24 | $1.0B | $1.2B | ||
| Q1 24 | $895.1M | $1.2B |
股东权益ACDCDAY
| Q4 25 | $717.5M | — | ||
| Q3 25 | $862.0M | $2.7B | ||
| Q2 25 | $875.5M | $2.7B | ||
| Q1 25 | $988.1M | $2.6B | ||
| Q4 24 | $1.0B | $2.5B | ||
| Q3 24 | $1.1B | $2.6B | ||
| Q2 24 | $1.1B | $2.5B | ||
| Q1 24 | $1.2B | $2.4B |
总资产ACDCDAY
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.7B | $8.7B | ||
| Q2 25 | $2.8B | $8.5B | ||
| Q1 25 | $3.0B | $9.5B | ||
| Q4 24 | $3.0B | $9.1B | ||
| Q3 24 | $3.1B | $8.1B | ||
| Q2 24 | $3.2B | $9.0B | ||
| Q1 24 | $3.0B | $10.8B |
负债/权益比ACDCDAY
| Q4 25 | 1.16× | — | ||
| Q3 25 | 1.05× | 0.23× | ||
| Q2 25 | 1.08× | 0.23× | ||
| Q1 25 | 0.98× | 0.24× | ||
| Q4 24 | 0.93× | 0.47× | ||
| Q3 24 | 0.90× | 0.47× | ||
| Q2 24 | 0.88× | 0.49× | ||
| Q1 24 | 0.74× | 0.50× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $49.5M | $31.2M |
| 自由现金流经营现金流 - 资本支出 | $12.9M | — |
| 自由现金流率自由现金流/营收 | 3.0% | — |
| 资本支出强度资本支出/营收 | 8.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $19.6M | — |
8季度趋势，按日历期对齐
经营现金流ACDCDAY
| Q4 25 | $49.5M | — | ||
| Q3 25 | $900.0K | $31.2M | ||
| Q2 25 | $100.4M | $112.7M | ||
| Q1 25 | $38.7M | $49.6M | ||
| Q4 24 | $76.5M | $81.0M | ||
| Q3 24 | $98.2M | $91.8M | ||
| Q2 24 | $113.5M | $99.2M | ||
| Q1 24 | $79.1M | $9.1M |
自由现金流ACDCDAY
| Q4 25 | $12.9M | — | ||
| Q3 25 | $-33.4M | — | ||
| Q2 25 | $53.9M | — | ||
| Q1 25 | $-13.8M | — | ||
| Q4 24 | $13.3M | — | ||
| Q3 24 | $28.2M | — | ||
| Q2 24 | $51.6M | — | ||
| Q1 24 | $19.2M | — |
自由现金流率ACDCDAY
| Q4 25 | 3.0% | — | ||
| Q3 25 | -8.3% | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | -2.3% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 8.9% | — | ||
| Q1 24 | 3.3% | — |
资本支出强度ACDCDAY
| Q4 25 | 8.4% | — | ||
| Q3 25 | 8.5% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 8.7% | — | ||
| Q4 24 | 13.9% | — | ||
| Q3 24 | 12.2% | — | ||
| Q2 24 | 10.7% | — | ||
| Q1 24 | 10.3% | — |
现金转化率ACDCDAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 5.29× | ||
| Q1 25 | — | 3.33× | ||
| Q4 24 | — | 7.50× | ||
| Q3 24 | — | 45.90× | ||
| Q2 24 | — | — | ||
| Q1 24 | 43.94× | 1.28× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ACDC
| Services | $385.6M | 88% |
| Products | $50.9M | 12% |
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% |
