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Antero Midstream Corp（AM）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Antero Midstream Corp的1.7倍（$481.6M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs -40.9%，领先82.3%），Dayforce同比增速更快（9.5% vs -7.3%），过去两年Dayforce的营收复合增速更高（9.8% vs 3.9%）
Antero Midstream Corp是美国能源企业，注册地为特拉华州，总部设于科罗拉多州丹佛市。公司全部油气储量均位于阿巴拉契亚盆地，采用水力压裂技术开采，核心业务涵盖油气勘探开发相关领域。
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。
AM vs DAY — 直观对比
营收规模更大
DAY
是对方的1.7倍
$291.1M
营收增速更快
DAY
高出16.8%
-7.3%
净利率更高
AM
高出82.3%
-40.9%
两年增速更快
DAY
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $481.6M |
| 净利润 | $120.7M | $-196.8M |
| 毛利率 | — | — |
| 营业利润率 | 60.9% | 6.3% |
| 净利率 | 41.5% | -40.9% |
| 营收同比 | -7.3% | 9.5% |
| 净利润同比 | 2.1% | -9940.0% |
| 每股收益（稀释后） | $0.25 | $-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AMDAY
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | — | ||
| Q3 25 | $294.8M | $481.6M | ||
| Q2 25 | $305.5M | $464.7M | ||
| Q1 25 | $291.1M | $481.8M | ||
| Q4 24 | $287.5M | $465.2M | ||
| Q3 24 | $269.9M | $440.0M | ||
| Q2 24 | $269.8M | $423.3M |
净利润AMDAY
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | — | ||
| Q3 25 | $116.0M | $-196.8M | ||
| Q2 25 | $124.5M | $21.3M | ||
| Q1 25 | $120.7M | $14.9M | ||
| Q4 24 | $111.2M | $10.8M | ||
| Q3 24 | $99.7M | $2.0M | ||
| Q2 24 | $86.0M | $-1.8M |
毛利率AMDAY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 47.0% | ||
| Q3 24 | — | 45.8% | ||
| Q2 24 | — | 44.1% |
营业利润率AMDAY
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | — | ||
| Q3 25 | 61.2% | 6.3% | ||
| Q2 25 | 61.0% | 9.1% | ||
| Q1 25 | 60.9% | 6.4% | ||
| Q4 24 | 61.8% | 6.1% | ||
| Q3 24 | 60.2% | 4.7% | ||
| Q2 24 | 56.6% | 3.3% |
净利率AMDAY
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | — | ||
| Q3 25 | 39.3% | -40.9% | ||
| Q2 25 | 40.8% | 4.6% | ||
| Q1 25 | 41.5% | 3.1% | ||
| Q4 24 | 38.7% | 2.3% | ||
| Q3 24 | 37.0% | 0.5% | ||
| Q2 24 | 31.9% | -0.4% |
每股收益（稀释后）AMDAY
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | — | ||
| Q3 25 | $0.24 | $-1.23 | ||
| Q2 25 | $0.26 | $0.13 | ||
| Q1 25 | $0.25 | $0.09 | ||
| Q4 24 | $0.23 | $0.07 | ||
| Q3 24 | $0.21 | $0.01 | ||
| Q2 24 | $0.18 | $-0.01 |
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 | $180.4M | $627.6M |
| 总债务越低越好 | $3.2B | $631.1M |
| 股东权益账面价值 | $2.0B | $2.7B |
| 总资产 | $5.9B | $8.7B |
| 负债/权益比越低杠杆越低 | 1.63× | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资AMDAY
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | — | ||
| Q3 25 | — | $627.6M | ||
| Q2 25 | — | $625.2M | ||
| Q1 25 | — | $557.3M | ||
| Q4 24 | — | $579.7M | ||
| Q3 24 | — | $494.1M | ||
| Q2 24 | — | $465.4M |
总债务AMDAY
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | $631.1M | ||
| Q2 25 | $3.0B | $631.8M | ||
| Q1 25 | $3.1B | $632.4M | ||
| Q4 24 | $3.1B | $1.2B | ||
| Q3 24 | $3.2B | $1.2B | ||
| Q2 24 | $3.2B | $1.2B |
股东权益AMDAY
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | $2.7B | ||
| Q2 25 | $2.1B | $2.7B | ||
| Q1 25 | $2.1B | $2.6B | ||
| Q4 24 | $2.1B | $2.5B | ||
| Q3 24 | $2.1B | $2.6B | ||
| Q2 24 | $2.1B | $2.5B |
总资产AMDAY
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | — | ||
| Q3 25 | $5.7B | $8.7B | ||
| Q2 25 | $5.7B | $8.5B | ||
| Q1 25 | $5.8B | $9.5B | ||
| Q4 24 | $5.8B | $9.1B | ||
| Q3 24 | $5.8B | $8.1B | ||
| Q2 24 | $5.8B | $9.0B |
负债/权益比AMDAY
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.46× | 0.23× | ||
| Q2 25 | 1.45× | 0.23× | ||
| Q1 25 | 1.49× | 0.24× | ||
| Q4 24 | 1.47× | 0.47× | ||
| Q3 24 | 1.49× | 0.47× | ||
| Q2 24 | 1.50× | 0.49× |
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 | $198.9M | $31.2M |
| 自由现金流经营现金流 - 资本支出 | $186.9M | — |
| 自由现金流率自由现金流/营收 | 64.2% | — |
| 资本支出强度资本支出/营收 | 11.1% | — |
| 现金转化率经营现金流/净利润 | 1.65× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AMDAY
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | — | ||
| Q3 25 | $212.8M | $31.2M | ||
| Q2 25 | $265.2M | $112.7M | ||
| Q1 25 | $198.9M | $49.6M | ||
| Q4 24 | $232.7M | $81.0M | ||
| Q3 24 | $184.9M | $91.8M | ||
| Q2 24 | $215.8M | $99.2M |
自由现金流AMDAY
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $184.3M | — | ||
| Q2 24 | $147.2M | — |
自由现金流率AMDAY
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 68.3% | — | ||
| Q2 24 | 54.6% | — |
资本支出强度AMDAY
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 25.4% | — |
现金转化率AMDAY
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | — | ||
| Q3 25 | 1.84× | — | ||
| Q2 25 | 2.13× | 5.29× | ||
| Q1 25 | 1.65× | 3.33× | ||
| Q4 24 | 2.09× | 7.50× | ||
| Q3 24 | 1.85× | 45.90× | ||
| Q2 24 | 2.51× | — |
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
AM
| Gathering and compression–Antero Resources | $238.0M | 82% |
| Other | $52.3M | 18% |
| Water handling–third party | $505.0K | 0% |
| Gathering and compression–third party | $295.0K | 0% |
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% |
