vs
ASURE SOFTWARE INC（ASUR）与帕森斯公司（PSN）财务数据对比。点击上方公司名可切换其他公司
帕森斯公司的季度营收约是ASURE SOFTWARE INC的44.2倍（$1.6B vs $36.3M）。帕森斯公司净利率更高（3.5% vs -14.8%，领先18.3%）。ASURE SOFTWARE INC同比增速更快（23.7% vs -7.5%）。帕森斯公司自由现金流更多（$135.6M vs $5.7M）。过去两年ASURE SOFTWARE INC的营收复合增速更高（11.2% vs 2.2%）
Asure Software是一家软件企业，其前身为Forgent Networks，2007年9月完成品牌更名后，业务逐渐拓展至人力资本管理领域，为客户提供薪资发放、考勤管理、人才管理、人力资源管理、福利管理以及保险相关服务等解决方案。
帕森斯公司是一家总部位于美国弗吉尼亚州尚蒂利的跨国企业，1944年成立，核心业务覆盖国防、情报、基础设施工程领域，深耕技术研发，在全球30多个国家为政府及私营部门客户提供专业解决方案。
ASUR vs PSN — 直观对比
营收规模更大
PSN
是对方的44.2倍
$36.3M
营收增速更快
ASUR
高出31.2%
-7.5%
净利率更高
PSN
高出18.3%
-14.8%
自由现金流更多
PSN
多$129.9M
$5.7M
两年增速更快
ASUR
近两年复合增速
2.2%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $36.3M | $1.6B |
| 净利润 | $-5.4M | $55.6M |
| 毛利率 | 63.8% | 23.0% |
| 营业利润率 | -9.7% | 6.6% |
| 净利率 | -14.8% | 3.5% |
| 营收同比 | 23.7% | -7.5% |
| 净利润同比 | -37.5% | -72.4% |
| 每股收益（稀释后） | $-0.19 | $0.51 |
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ASURPSN
| Q4 25 | — | $1.6B | ||
| Q3 25 | $36.3M | $1.6B | ||
| Q2 25 | $30.1M | $1.6B | ||
| Q1 25 | $34.9M | $1.6B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $29.3M | $1.8B | ||
| Q2 24 | $28.0M | $1.7B | ||
| Q1 24 | $31.7M | $1.5B |
净利润ASURPSN
| Q4 25 | — | $55.6M | ||
| Q3 25 | $-5.4M | $64.1M | ||
| Q2 25 | $-6.1M | $55.2M | ||
| Q1 25 | $-2.4M | $66.2M | ||
| Q4 24 | — | $201.3M | ||
| Q3 24 | $-3.9M | $72.0M | ||
| Q2 24 | $-4.4M | $69.2M | ||
| Q1 24 | $-308.0K | $-107.4M |
毛利率ASURPSN
| Q4 25 | — | 23.0% | ||
| Q3 25 | 63.8% | 22.2% | ||
| Q2 25 | 66.1% | 22.0% | ||
| Q1 25 | 70.6% | 22.8% | ||
| Q4 24 | — | 21.3% | ||
| Q3 24 | 67.2% | 19.9% | ||
| Q2 24 | 67.3% | 21.0% | ||
| Q1 24 | 71.4% | 21.2% |
营业利润率ASURPSN
| Q4 25 | — | 6.6% | ||
| Q3 25 | -9.7% | 6.7% | ||
| Q2 25 | -15.4% | 6.0% | ||
| Q1 25 | -5.8% | 7.0% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | -12.4% | 6.4% | ||
| Q2 24 | -14.9% | 6.7% | ||
| Q1 24 | -1.4% | 6.6% |
净利率ASURPSN
| Q4 25 | — | 3.5% | ||
| Q3 25 | -14.8% | 4.0% | ||
| Q2 25 | -20.3% | 3.5% | ||
| Q1 25 | -6.9% | 4.3% | ||
| Q4 24 | — | 11.6% | ||
| Q3 24 | -13.3% | 4.0% | ||
| Q2 24 | -15.5% | 4.1% | ||
| Q1 24 | -1.0% | -7.0% |
每股收益（稀释后）ASURPSN
| Q4 25 | — | $0.51 | ||
| Q3 25 | $-0.19 | $0.59 | ||
| Q2 25 | $-0.22 | $0.50 | ||
| Q1 25 | $-0.09 | $0.60 | ||
| Q4 24 | — | $1.85 | ||
| Q3 24 | $-0.15 | $0.65 | ||
| Q2 24 | $-0.17 | $0.63 | ||
| Q1 24 | $-0.01 | $-1.01 |
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 | $21.5M | $466.4M |
| 总债务越低越好 | $70.4M | $1.2B |
| 股东权益账面价值 | $193.1M | $2.6B |
| 总资产 | $447.1M | $5.8B |
| 负债/权益比越低杠杆越低 | 0.36× | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资ASURPSN
| Q4 25 | — | $466.4M | ||
| Q3 25 | $21.5M | $422.6M | ||
| Q2 25 | $66.0M | $411.3M | ||
| Q1 25 | $14.1M | $269.7M | ||
| Q4 24 | — | $453.5M | ||
| Q3 24 | $11.2M | $558.8M | ||
| Q2 24 | $20.7M | $528.5M | ||
| Q1 24 | $23.2M | $423.1M |
总债务ASURPSN
| Q4 25 | — | $1.2B | ||
| Q3 25 | $70.4M | $1.2B | ||
| Q2 25 | $67.4M | $1.2B | ||
| Q1 25 | $14.1M | $785.2M | ||
| Q4 24 | — | $784.1M | ||
| Q3 24 | $7.5M | $1.1B | ||
| Q2 24 | $6.0M | $1.2B | ||
| Q1 24 | $5.3M | $1.2B |
股东权益ASURPSN
| Q4 25 | — | $2.6B | ||
| Q3 25 | $193.1M | $2.6B | ||
| Q2 25 | $194.3M | $2.5B | ||
| Q1 25 | $197.7M | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | $199.2M | $2.3B | ||
| Q2 24 | $195.5M | $2.2B | ||
| Q1 24 | $197.7M | $2.1B |
总资产ASURPSN
| Q4 25 | — | $5.8B | ||
| Q3 25 | $447.1M | $5.7B | ||
| Q2 25 | $505.6M | $5.7B | ||
| Q1 25 | $498.9M | $5.4B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | $428.1M | $5.4B | ||
| Q2 24 | $420.1M | $5.2B | ||
| Q1 24 | $469.3M | $5.1B |
负债/权益比ASURPSN
| Q4 25 | — | 0.47× | ||
| Q3 25 | 0.36× | 0.48× | ||
| Q2 25 | 0.35× | 0.49× | ||
| Q1 25 | 0.07× | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | 0.04× | 0.49× | ||
| Q2 24 | 0.03× | 0.56× | ||
| Q1 24 | 0.03× | 0.58× |
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 | $5.8M | $167.5M |
| 自由现金流经营现金流 - 资本支出 | $5.7M | $135.6M |
| 自由现金流率自由现金流/营收 | 15.6% | 8.5% |
| 资本支出强度资本支出/营收 | 0.3% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 3.01× |
| 过去12个月自由现金流最近4个季度 | $11.6M | $410.4M |
8季度趋势，按日历期对齐
经营现金流ASURPSN
| Q4 25 | — | $167.5M | ||
| Q3 25 | $5.8M | $162.8M | ||
| Q2 25 | $3.2M | $159.8M | ||
| Q1 25 | $2.0M | $-11.8M | ||
| Q4 24 | — | $126.8M | ||
| Q3 24 | $1.3M | $299.0M | ||
| Q2 24 | $2.2M | $161.2M | ||
| Q1 24 | $-3.9M | $-63.4M |
自由现金流ASURPSN
| Q4 25 | — | $135.6M | ||
| Q3 25 | $5.7M | $149.7M | ||
| Q2 25 | $3.0M | $150.4M | ||
| Q1 25 | $1.8M | $-25.3M | ||
| Q4 24 | — | $108.0M | ||
| Q3 24 | $1.2M | $287.3M | ||
| Q2 24 | $2.1M | $152.0M | ||
| Q1 24 | $-4.2M | $-72.9M |
自由现金流率ASURPSN
| Q4 25 | — | 8.5% | ||
| Q3 25 | 15.6% | 9.2% | ||
| Q2 25 | 9.8% | 9.5% | ||
| Q1 25 | 5.2% | -1.6% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | 3.9% | 15.9% | ||
| Q2 24 | 7.5% | 9.1% | ||
| Q1 24 | -13.2% | -4.7% |
资本支出强度ASURPSN
| Q4 25 | — | 2.0% | ||
| Q3 25 | 0.3% | 0.8% | ||
| Q2 25 | 0.7% | 0.6% | ||
| Q1 25 | 0.6% | 0.9% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | 0.6% | 0.6% | ||
| Q2 24 | 0.5% | 0.6% | ||
| Q1 24 | 0.8% | 0.6% |
现金转化率ASURPSN
| Q4 25 | — | 3.01× | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | — | 2.89× | ||
| Q1 25 | — | -0.18× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 4.16× | ||
| Q2 24 | — | 2.33× | ||
| Q1 24 | — | — |
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
ASUR
| Recurring | $31.8M | 88% |
| Lathem Time | $4.6M | 13% |
PSN
| Unconsolidated Joint Ventures | $582.1M | 36% |
| Defense And Intelligence | $502.8M | 31% |
| Engineered Systems | $281.4M | 18% |
| Consolidated Joint Ventures | $216.7M | 14% |
| TRS Group Inc | $9.4M | 1% |
