vs
亚什兰（ASH）与Dayforce（DAY）财务数据对比。点击上方公司名可切换其他公司
Dayforce的季度营收约是亚什兰的1.2倍（$481.6M vs $386.0M），亚什兰净利率更高（-3.1% vs -40.9%，领先37.8%），Dayforce同比增速更快（9.5% vs -4.7%），过去两年Dayforce的营收复合增速更高（9.8% vs -18.1%）
亚什兰是一家总部位于美国特拉华州威尔明顿的化工企业，1924年始创于肯塔基州亚什兰市，最初以炼油业务起家，1994年迁至现总部。公司拥有多个业务板块，覆盖化工中间体与溶剂、复合材料、工业特种化学品、个人及家居护理、制药、食品饮料以及农业相关领域，2017年之前曾是胜牌润滑油的主要生产商。
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。
ASH vs DAY — 直观对比
营收规模更大
DAY
是对方的1.2倍
$386.0M
营收增速更快
DAY
高出14.1%
-4.7%
净利率更高
ASH
高出37.8%
-40.9%
两年增速更快
DAY
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $481.6M |
| 净利润 | $-12.0M | $-196.8M |
| 毛利率 | 27.2% | — |
| 营业利润率 | -1.6% | 6.3% |
| 净利率 | -3.1% | -40.9% |
| 营收同比 | -4.7% | 9.5% |
| 净利润同比 | 92.7% | -9940.0% |
| 每股收益（稀释后） | $-0.26 | $-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ASHDAY
| Q4 25 | $386.0M | — | ||
| Q3 25 | $477.0M | $481.6M | ||
| Q2 25 | $463.0M | $464.7M | ||
| Q1 25 | $479.0M | $481.8M | ||
| Q4 24 | $405.0M | $465.2M | ||
| Q3 24 | $521.0M | $440.0M | ||
| Q2 24 | $544.0M | $423.3M | ||
| Q1 24 | $575.0M | $431.5M |
净利润ASHDAY
| Q4 25 | $-12.0M | — | ||
| Q3 25 | $31.0M | $-196.8M | ||
| Q2 25 | $-742.0M | $21.3M | ||
| Q1 25 | $31.0M | $14.9M | ||
| Q4 24 | $-165.0M | $10.8M | ||
| Q3 24 | $17.0M | $2.0M | ||
| Q2 24 | $6.0M | $-1.8M | ||
| Q1 24 | $120.0M | $7.1M |
毛利率ASHDAY
| Q4 25 | 27.2% | — | ||
| Q3 25 | 33.3% | — | ||
| Q2 25 | 28.5% | — | ||
| Q1 25 | 30.7% | — | ||
| Q4 24 | 27.4% | 47.0% | ||
| Q3 24 | 33.2% | 45.8% | ||
| Q2 24 | 34.2% | 44.1% | ||
| Q1 24 | 28.0% | 47.6% |
营业利润率ASHDAY
| Q4 25 | -1.6% | — | ||
| Q3 25 | 12.8% | 6.3% | ||
| Q2 25 | -152.9% | 9.1% | ||
| Q1 25 | 10.6% | 6.4% | ||
| Q4 24 | -44.2% | 6.1% | ||
| Q3 24 | 6.1% | 4.7% | ||
| Q2 24 | -11.2% | 3.3% | ||
| Q1 24 | 3.7% | 9.4% |
净利率ASHDAY
| Q4 25 | -3.1% | — | ||
| Q3 25 | 6.5% | -40.9% | ||
| Q2 25 | -160.3% | 4.6% | ||
| Q1 25 | 6.5% | 3.1% | ||
| Q4 24 | -40.7% | 2.3% | ||
| Q3 24 | 3.3% | 0.5% | ||
| Q2 24 | 1.1% | -0.4% | ||
| Q1 24 | 20.9% | 1.6% |
每股收益（稀释后）ASHDAY
| Q4 25 | $-0.26 | — | ||
| Q3 25 | $0.83 | $-1.23 | ||
| Q2 25 | $-16.21 | $0.13 | ||
| Q1 25 | $0.65 | $0.09 | ||
| Q4 24 | $-3.50 | $0.07 | ||
| Q3 24 | $0.34 | $0.01 | ||
| Q2 24 | $0.12 | $-0.01 | ||
| Q1 24 | $2.39 | $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 | $304.0M | $627.6M |
| 总债务越低越好 | $1.4B | $631.1M |
| 股东权益账面价值 | $1.9B | $2.7B |
| 总资产 | $4.5B | $8.7B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资ASHDAY
| Q4 25 | $304.0M | — | ||
| Q3 25 | $215.0M | $627.6M | ||
| Q2 25 | $207.0M | $625.2M | ||
| Q1 25 | $168.0M | $557.3M | ||
| Q4 24 | $219.0M | $579.7M | ||
| Q3 24 | $300.0M | $494.1M | ||
| Q2 24 | $399.0M | $465.4M | ||
| Q1 24 | $439.0M | $392.5M |
总债务ASHDAY
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | $631.1M | ||
| Q2 25 | $1.4B | $631.8M | ||
| Q1 25 | $1.3B | $632.4M | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.3B | $1.2B |
股东权益ASHDAY
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.9B | $2.7B | ||
| Q2 25 | $1.9B | $2.7B | ||
| Q1 25 | $2.6B | $2.6B | ||
| Q4 24 | $2.6B | $2.5B | ||
| Q3 24 | $2.9B | $2.6B | ||
| Q2 24 | $3.0B | $2.5B | ||
| Q1 24 | $3.1B | $2.4B |
总资产ASHDAY
| Q4 25 | $4.5B | — | ||
| Q3 25 | $4.6B | $8.7B | ||
| Q2 25 | $4.6B | $8.5B | ||
| Q1 25 | $5.2B | $9.5B | ||
| Q4 24 | $5.2B | $9.1B | ||
| Q3 24 | $5.6B | $8.1B | ||
| Q2 24 | $5.7B | $9.0B | ||
| Q1 24 | $5.9B | $10.8B |
负债/权益比ASHDAY
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.73× | 0.23× | ||
| Q2 25 | 0.73× | 0.23× | ||
| Q1 25 | 0.52× | 0.24× | ||
| Q4 24 | 0.51× | 0.47× | ||
| Q3 24 | 0.47× | 0.47× | ||
| Q2 24 | 0.45× | 0.49× | ||
| Q1 24 | 0.42× | 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 | $125.0M | $31.2M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | — |
| 自由现金流率自由现金流/营收 | 28.8% | — |
| 资本支出强度资本支出/营收 | 3.6% | — |
| 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 | $200.0M | — |
8季度趋势，按日历期对齐
经营现金流ASHDAY
| Q4 25 | $125.0M | — | ||
| Q3 25 | $40.0M | $31.2M | ||
| Q2 25 | $115.0M | $112.7M | ||
| Q1 25 | $9.0M | $49.6M | ||
| Q4 24 | $-30.0M | $81.0M | ||
| Q3 24 | $80.0M | $91.8M | ||
| Q2 24 | $127.0M | $99.2M | ||
| Q1 24 | $54.0M | $9.1M |
自由现金流ASHDAY
| Q4 25 | $111.0M | — | ||
| Q3 25 | $6.0M | — | ||
| Q2 25 | $95.0M | — | ||
| Q1 25 | $-12.0M | — | ||
| Q4 24 | $-53.0M | — | ||
| Q3 24 | $42.0M | — | ||
| Q2 24 | $98.0M | — | ||
| Q1 24 | $20.0M | — |
自由现金流率ASHDAY
| Q4 25 | 28.8% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | -2.5% | — | ||
| Q4 24 | -13.1% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 18.0% | — | ||
| Q1 24 | 3.5% | — |
资本支出强度ASHDAY
| Q4 25 | 3.6% | — | ||
| Q3 25 | 7.1% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 4.4% | — | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 5.3% | — | ||
| Q1 24 | 5.9% | — |
现金转化率ASHDAY
| Q4 25 | — | — | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | 5.29× | ||
| Q1 25 | 0.29× | 3.33× | ||
| Q4 24 | — | 7.50× | ||
| Q3 24 | 4.71× | 45.90× | ||
| Q2 24 | 21.17× | — | ||
| Q1 24 | 0.45× | 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
ASH
| Personal Care And Household | $123.0M | 32% |
| Other | $120.0M | 31% |
| Specialty Additives | $36.0M | 9% |
| Intermediates And Solvents | $31.0M | 8% |
| Personal Care | $30.0M | 8% |
| Life Sciences | $27.0M | 7% |
| Intermediates | $19.0M | 5% |
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% |
