vs
ALLIANCE RESOURCE PARTNERS LP（ARLP）与Dayforce（DAY）财务数据对比。点击上方公司名可切换其他公司
ALLIANCE RESOURCE PARTNERS LP的季度营收约是Dayforce的1.1倍（$516.0M vs $481.6M），ALLIANCE RESOURCE PARTNERS LP净利率更高（2.1% vs -40.9%，领先42.9%），Dayforce同比增速更快（9.5% vs -3.6%），过去两年Dayforce的营收复合增速更高（9.8% vs -6.7%）
联合资源伙伴有限合伙是北美领先的自然资源企业，核心业务为公用事业及工业客户生产、销售煤炭，同时运营矿权特许经营、油气开采、物流配套等关联业务，服务覆盖美国及周边主要能源消费市场。
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。
ARLP vs DAY — 直观对比
营收规模更大
ARLP
是对方的1.1倍
$481.6M
营收增速更快
DAY
高出13.1%
-3.6%
净利率更高
ARLP
高出42.9%
-40.9%
两年增速更快
DAY
近两年复合增速
-6.7%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $481.6M |
| 净利润 | $10.7M | $-196.8M |
| 毛利率 | — | — |
| 营业利润率 | 4.2% | 6.3% |
| 净利率 | 2.1% | -40.9% |
| 营收同比 | -3.6% | 9.5% |
| 净利润同比 | — | -9940.0% |
| 每股收益（稀释后） | — | $-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ARLPDAY
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | — | ||
| Q3 25 | $571.4M | $481.6M | ||
| Q2 25 | $547.5M | $464.7M | ||
| Q1 25 | $540.5M | $481.8M | ||
| Q4 24 | $590.1M | $465.2M | ||
| Q3 24 | $613.6M | $440.0M | ||
| Q2 24 | $593.4M | $423.3M |
净利润ARLPDAY
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | — | ||
| Q3 25 | $95.1M | $-196.8M | ||
| Q2 25 | $59.4M | $21.3M | ||
| Q1 25 | $74.0M | $14.9M | ||
| Q4 24 | $16.3M | $10.8M | ||
| Q3 24 | $86.3M | $2.0M | ||
| Q2 24 | $100.2M | $-1.8M |
毛利率ARLPDAY
| 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ARLPDAY
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | — | ||
| Q3 25 | 18.4% | 6.3% | ||
| Q2 25 | 16.2% | 9.1% | ||
| Q1 25 | 17.4% | 6.4% | ||
| Q4 24 | 2.6% | 6.1% | ||
| Q3 24 | 16.5% | 4.7% | ||
| Q2 24 | 19.8% | 3.3% |
净利率ARLPDAY
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | — | ||
| Q3 25 | 16.6% | -40.9% | ||
| Q2 25 | 10.9% | 4.6% | ||
| Q1 25 | 13.7% | 3.1% | ||
| Q4 24 | 2.8% | 2.3% | ||
| Q3 24 | 14.1% | 0.5% | ||
| Q2 24 | 16.9% | -0.4% |
每股收益（稀释后）ARLPDAY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-1.23 | ||
| Q2 25 | — | $0.13 | ||
| Q1 25 | — | $0.09 | ||
| Q4 24 | — | $0.07 | ||
| Q3 24 | — | $0.01 | ||
| Q2 24 | — | $-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 | $28.9M | $627.6M |
| 总债务越低越好 | — | $631.1M |
| 股东权益账面价值 | — | $2.7B |
| 总资产 | $2.9B | $8.7B |
| 负债/权益比越低杠杆越低 | — | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资ARLPDAY
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | — | ||
| Q3 25 | $94.5M | $627.6M | ||
| Q2 25 | $55.0M | $625.2M | ||
| Q1 25 | $81.3M | $557.3M | ||
| Q4 24 | $137.0M | $579.7M | ||
| Q3 24 | $195.4M | $494.1M | ||
| Q2 24 | $203.7M | $465.4M |
总债务ARLPDAY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $631.1M | ||
| Q2 25 | — | $631.8M | ||
| Q1 25 | — | $632.4M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B |
股东权益ARLPDAY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.5B |
总资产ARLPDAY
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.9B | $8.7B | ||
| Q2 25 | $2.9B | $8.5B | ||
| Q1 25 | $2.9B | $9.5B | ||
| Q4 24 | $2.9B | $9.1B | ||
| Q3 24 | $3.0B | $8.1B | ||
| Q2 24 | $3.1B | $9.0B |
负债/权益比ARLPDAY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.23× | ||
| Q2 25 | — | 0.23× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 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 | — | $31.2M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | — |
| 自由现金流率自由现金流/营收 | 2.6% | — |
| 资本支出强度资本支出/营收 | 18.5% | — |
| 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 | $342.2M | — |
8季度趋势，按日历期对齐
经营现金流ARLPDAY
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | — | ||
| Q3 25 | $209.9M | $31.2M | ||
| Q2 25 | $151.7M | $112.7M | ||
| Q1 25 | $145.7M | $49.6M | ||
| Q4 24 | $168.4M | $81.0M | ||
| Q3 24 | $209.3M | $91.8M | ||
| Q2 24 | $215.8M | $99.2M |
自由现金流ARLPDAY
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | — | ||
| Q3 25 | $145.2M | — | ||
| Q2 25 | $84.7M | — | ||
| Q1 25 | $58.9M | — | ||
| Q4 24 | $75.3M | — | ||
| Q3 24 | $99.0M | — | ||
| Q2 24 | $114.3M | — |
自由现金流率ARLPDAY
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | — | ||
| Q3 25 | 25.4% | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | 10.9% | — | ||
| Q4 24 | 12.8% | — | ||
| Q3 24 | 16.1% | — | ||
| Q2 24 | 19.3% | — |
资本支出强度ARLPDAY
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | — | ||
| Q3 25 | 11.3% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 16.1% | — | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 17.1% | — |
现金转化率ARLPDAY
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | — | ||
| Q3 25 | 2.21× | — | ||
| Q2 25 | 2.55× | 5.29× | ||
| Q1 25 | 1.97× | 3.33× | ||
| Q4 24 | 10.31× | 7.50× | ||
| Q3 24 | 2.43× | 45.90× | ||
| Q2 24 | 2.15× | — |
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
ARLP
| Coal sales | $443.3M | 86% |
| Oil & gas royalties | $41.3M | 8% |
| Other revenues | $22.8M | 4% |
| Transportation revenues | $8.6M | 2% |
| Tons Produced | $8.0M | 2% |
| Mineral Interest Volumes (BOE) | $1.0M | 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% |
