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阿普塔集团（ATR）与Dayforce（DAY）财务数据对比。点击上方公司名可切换其他公司
阿普塔集团的季度营收约是Dayforce的2.0倍（$962.7M vs $481.6M），阿普塔集团净利率更高（7.7% vs -40.9%，领先48.6%），阿普塔集团同比增速更快（13.5% vs 9.5%），过去两年Dayforce的营收复合增速更高（9.8% vs 2.6%）
阿普塔集团（AptarGroup, Inc.）是总部位于美国的全球性制造企业，主营消费品分配包装产品及药物给药装置的研发与生产，目前在全球18个国家设有生产运营基地，服务医药、快消等多领域客户。
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。
ATR vs DAY — 直观对比
营收规模更大
ATR
是对方的2.0倍
$481.6M
营收增速更快
ATR
高出4.1%
9.5%
净利率更高
ATR
高出48.6%
-40.9%
两年增速更快
DAY
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $962.7M | $481.6M |
| 净利润 | $74.3M | $-196.8M |
| 毛利率 | — | — |
| 营业利润率 | 11.0% | 6.3% |
| 净利率 | 7.7% | -40.9% |
| 营收同比 | 13.5% | 9.5% |
| 净利润同比 | -26.4% | -9940.0% |
| 每股收益（稀释后） | $1.13 | $-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ATRDAY
| Q4 25 | $962.7M | — | ||
| Q3 25 | $961.1M | $481.6M | ||
| Q2 25 | $966.0M | $464.7M | ||
| Q1 25 | $887.3M | $481.8M | ||
| Q4 24 | $848.1M | $465.2M | ||
| Q3 24 | $909.3M | $440.0M | ||
| Q2 24 | $910.1M | $423.3M | ||
| Q1 24 | $915.4M | $431.5M |
净利润ATRDAY
| Q4 25 | $74.3M | — | ||
| Q3 25 | $127.9M | $-196.8M | ||
| Q2 25 | $111.7M | $21.3M | ||
| Q1 25 | $78.8M | $14.9M | ||
| Q4 24 | $100.9M | $10.8M | ||
| Q3 24 | $100.0M | $2.0M | ||
| Q2 24 | $90.5M | $-1.8M | ||
| Q1 24 | $83.1M | $7.1M |
毛利率ATRDAY
| 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ATRDAY
| Q4 25 | 11.0% | — | ||
| Q3 25 | 14.2% | 6.3% | ||
| Q2 25 | 14.9% | 9.1% | ||
| Q1 25 | 12.8% | 6.4% | ||
| Q4 24 | 14.2% | 6.1% | ||
| Q3 24 | 15.2% | 4.7% | ||
| Q2 24 | 13.8% | 3.3% | ||
| Q1 24 | 12.2% | 9.4% |
净利率ATRDAY
| Q4 25 | 7.7% | — | ||
| Q3 25 | 13.3% | -40.9% | ||
| Q2 25 | 11.6% | 4.6% | ||
| Q1 25 | 8.9% | 3.1% | ||
| Q4 24 | 11.9% | 2.3% | ||
| Q3 24 | 11.0% | 0.5% | ||
| Q2 24 | 9.9% | -0.4% | ||
| Q1 24 | 9.1% | 1.6% |
每股收益（稀释后）ATRDAY
| Q4 25 | $1.13 | — | ||
| Q3 25 | $1.92 | $-1.23 | ||
| Q2 25 | $1.67 | $0.13 | ||
| Q1 25 | $1.17 | $0.09 | ||
| Q4 24 | $1.48 | $0.07 | ||
| Q3 24 | $1.48 | $0.01 | ||
| Q2 24 | $1.34 | $-0.01 | ||
| Q1 24 | $1.23 | $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 | $409.5M | $627.6M |
| 总债务越低越好 | $1.1B | $631.1M |
| 股东权益账面价值 | $2.7B | $2.7B |
| 总资产 | $5.3B | $8.7B |
| 负债/权益比越低杠杆越低 | 0.43× | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资ATRDAY
| Q4 25 | $409.5M | — | ||
| Q3 25 | $264.8M | $627.6M | ||
| Q2 25 | $169.8M | $625.2M | ||
| Q1 25 | $136.8M | $557.3M | ||
| Q4 24 | $226.2M | $579.7M | ||
| Q3 24 | $327.9M | $494.1M | ||
| Q2 24 | $223.9M | $465.4M | ||
| Q1 24 | $201.1M | $392.5M |
总债务ATRDAY
| Q4 25 | $1.1B | — | ||
| Q3 25 | $546.0M | $631.1M | ||
| Q2 25 | $535.1M | $631.8M | ||
| Q1 25 | $561.2M | $632.4M | ||
| Q4 24 | $688.1M | $1.2B | ||
| Q3 24 | $822.7M | $1.2B | ||
| Q2 24 | $681.5M | $1.2B | ||
| Q1 24 | $680.4M | $1.2B |
股东权益ATRDAY
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.8B | $2.7B | ||
| Q2 25 | $2.7B | $2.7B | ||
| Q1 25 | $2.5B | $2.6B | ||
| Q4 24 | $2.5B | $2.5B | ||
| Q3 24 | $2.5B | $2.6B | ||
| Q2 24 | $2.4B | $2.5B | ||
| Q1 24 | $2.3B | $2.4B |
总资产ATRDAY
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.1B | $8.7B | ||
| Q2 25 | $4.9B | $8.5B | ||
| Q1 25 | $4.5B | $9.5B | ||
| Q4 24 | $4.4B | $9.1B | ||
| Q3 24 | $4.6B | $8.1B | ||
| Q2 24 | $4.5B | $9.0B | ||
| Q1 24 | $4.4B | $10.8B |
负债/权益比ATRDAY
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.20× | 0.23× | ||
| Q2 25 | 0.20× | 0.23× | ||
| Q1 25 | 0.22× | 0.24× | ||
| Q4 24 | 0.28× | 0.47× | ||
| Q3 24 | 0.32× | 0.47× | ||
| Q2 24 | 0.28× | 0.49× | ||
| Q1 24 | 0.29× | 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 | $183.7M | $31.2M |
| 自由现金流经营现金流 - 资本支出 | $96.9M | — |
| 自由现金流率自由现金流/营收 | 10.1% | — |
| 资本支出强度资本支出/营收 | 9.0% | — |
| 现金转化率经营现金流/净利润 | 2.47× | — |
| 过去12个月自由现金流最近4个季度 | $299.6M | — |
8季度趋势，按日历期对齐
经营现金流ATRDAY
| Q4 25 | $183.7M | — | ||
| Q3 25 | $177.6M | $31.2M | ||
| Q2 25 | $126.0M | $112.7M | ||
| Q1 25 | $82.7M | $49.6M | ||
| Q4 24 | $178.2M | $81.0M | ||
| Q3 24 | $229.3M | $91.8M | ||
| Q2 24 | $143.6M | $99.2M | ||
| Q1 24 | $92.3M | $9.1M |
自由现金流ATRDAY
| Q4 25 | $96.9M | — | ||
| Q3 25 | $114.3M | — | ||
| Q2 25 | $62.5M | — | ||
| Q1 25 | $25.9M | — | ||
| Q4 24 | $112.2M | — | ||
| Q3 24 | $162.7M | — | ||
| Q2 24 | $75.4M | — | ||
| Q1 24 | $16.7M | — |
自由现金流率ATRDAY
| Q4 25 | 10.1% | — | ||
| Q3 25 | 11.9% | — | ||
| Q2 25 | 6.5% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | 17.9% | — | ||
| Q2 24 | 8.3% | — | ||
| Q1 24 | 1.8% | — |
资本支出强度ATRDAY
| Q4 25 | 9.0% | — | ||
| Q3 25 | 6.6% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 7.5% | — | ||
| Q1 24 | 8.3% | — |
现金转化率ATRDAY
| Q4 25 | 2.47× | — | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.13× | 5.29× | ||
| Q1 25 | 1.05× | 3.33× | ||
| Q4 24 | 1.77× | 7.50× | ||
| Q3 24 | 2.29× | 45.90× | ||
| Q2 24 | 1.59× | — | ||
| Q1 24 | 1.11× | 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
ATR
| Pharma Segment | $833.1M | 87% |
| Other | $129.6M | 13% |
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% |
