vs
CrossAmerica Partners LP（CAPL）与Dayforce（DAY）财务数据对比。点击上方公司名可切换其他公司
CrossAmerica Partners LP的季度营收约是Dayforce的1.8倍（$866.3M vs $481.6M），CrossAmerica Partners LP净利率更高（1.2% vs -40.9%，领先42.0%），Dayforce同比增速更快（9.5% vs -8.3%），过去两年Dayforce的营收复合增速更高（9.8% vs -4.1%）
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
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。
CAPL vs DAY — 直观对比
营收规模更大
CAPL
是对方的1.8倍
$481.6M
营收增速更快
DAY
高出17.7%
-8.3%
净利率更高
CAPL
高出42.0%
-40.9%
两年增速更快
DAY
近两年复合增速
-4.1%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $481.6M |
| 净利润 | $10.2M | $-196.8M |
| 毛利率 | 12.4% | — |
| 营业利润率 | 3.0% | 6.3% |
| 净利率 | 1.2% | -40.9% |
| 营收同比 | -8.3% | 9.5% |
| 净利润同比 | -39.6% | -9940.0% |
| 每股收益（稀释后） | $0.24 | $-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CAPLDAY
| Q4 25 | $866.3M | — | ||
| Q3 25 | $971.8M | $481.6M | ||
| Q2 25 | $961.9M | $464.7M | ||
| Q1 25 | $862.5M | $481.8M | ||
| Q4 24 | $944.2M | $465.2M | ||
| Q3 24 | $1.1B | $440.0M | ||
| Q2 24 | $1.1B | $423.3M | ||
| Q1 24 | $941.5M | $431.5M |
净利润CAPLDAY
| Q4 25 | $10.2M | — | ||
| Q3 25 | $13.6M | $-196.8M | ||
| Q2 25 | $25.2M | $21.3M | ||
| Q1 25 | $-7.1M | $14.9M | ||
| Q4 24 | $16.9M | $10.8M | ||
| Q3 24 | $10.7M | $2.0M | ||
| Q2 24 | $12.4M | $-1.8M | ||
| Q1 24 | $-17.5M | $7.1M |
毛利率CAPLDAY
| Q4 25 | 12.4% | — | ||
| Q3 25 | 10.8% | — | ||
| Q2 25 | 10.5% | — | ||
| Q1 25 | 10.4% | — | ||
| Q4 24 | 10.7% | 47.0% | ||
| Q3 24 | 10.3% | 45.8% | ||
| Q2 24 | 9.2% | 44.1% | ||
| Q1 24 | 8.6% | 47.6% |
营业利润率CAPLDAY
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.9% | 6.3% | ||
| Q2 25 | 4.3% | 9.1% | ||
| Q1 25 | 0.2% | 6.4% | ||
| Q4 24 | 3.0% | 6.1% | ||
| Q3 24 | 2.5% | 4.7% | ||
| Q2 24 | 2.5% | 3.3% | ||
| Q1 24 | -1.4% | 9.4% |
净利率CAPLDAY
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.4% | -40.9% | ||
| Q2 25 | 2.6% | 4.6% | ||
| Q1 25 | -0.8% | 3.1% | ||
| Q4 24 | 1.8% | 2.3% | ||
| Q3 24 | 1.0% | 0.5% | ||
| Q2 24 | 1.1% | -0.4% | ||
| Q1 24 | -1.9% | 1.6% |
每股收益（稀释后）CAPLDAY
| Q4 25 | $0.24 | — | ||
| Q3 25 | $0.34 | $-1.23 | ||
| Q2 25 | $0.64 | $0.13 | ||
| Q1 25 | $-0.20 | $0.09 | ||
| Q4 24 | $0.42 | $0.07 | ||
| Q3 24 | $0.27 | $0.01 | ||
| Q2 24 | $0.31 | $-0.01 | ||
| Q1 24 | $-0.48 | $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 | $3.1M | $627.6M |
| 总债务越低越好 | $687.2M | $631.1M |
| 股东权益账面价值 | — | $2.7B |
| 总资产 | $964.7M | $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CAPLDAY
| Q4 25 | $3.1M | — | ||
| Q3 25 | $5.8M | $627.6M | ||
| Q2 25 | $9.7M | $625.2M | ||
| Q1 25 | $6.7M | $557.3M | ||
| Q4 24 | $3.4M | $579.7M | ||
| Q3 24 | $7.8M | $494.1M | ||
| Q2 24 | $5.5M | $465.4M | ||
| Q1 24 | $6.3M | $392.5M |
总债务CAPLDAY
| Q4 25 | $687.2M | — | ||
| Q3 25 | $700.8M | $631.1M | ||
| Q2 25 | $722.7M | $631.8M | ||
| Q1 25 | $774.1M | $632.4M | ||
| Q4 24 | $763.9M | $1.2B | ||
| Q3 24 | $769.2M | $1.2B | ||
| Q2 24 | $786.7M | $1.2B | ||
| Q1 24 | $795.8M | $1.2B |
股东权益CAPLDAY
| 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 | ||
| Q1 24 | — | $2.4B |
总资产CAPLDAY
| Q4 25 | $964.7M | — | ||
| Q3 25 | $998.9M | $8.7B | ||
| Q2 25 | $1.0B | $8.5B | ||
| Q1 25 | $1.1B | $9.5B | ||
| Q4 24 | $1.1B | $9.1B | ||
| Q3 24 | $1.1B | $8.1B | ||
| Q2 24 | $1.2B | $9.0B | ||
| Q1 24 | $1.2B | $10.8B |
负债/权益比CAPLDAY
| 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× | ||
| Q1 24 | — | 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 | $29.4M | $31.2M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | — |
| 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 | 0.8% | — |
| 现金转化率经营现金流/净利润 | 2.89× | — |
| 过去12个月自由现金流最近4个季度 | $55.8M | — |
8季度趋势，按日历期对齐
经营现金流CAPLDAY
| Q4 25 | $29.4M | — | ||
| Q3 25 | $24.4M | $31.2M | ||
| Q2 25 | $22.6M | $112.7M | ||
| Q1 25 | $15.0M | $49.6M | ||
| Q4 24 | $11.1M | $81.0M | ||
| Q3 24 | $41.9M | $91.8M | ||
| Q2 24 | $28.9M | $99.2M | ||
| Q1 24 | $5.8M | $9.1M |
自由现金流CAPLDAY
| Q4 25 | $22.4M | — | ||
| Q3 25 | $17.7M | — | ||
| Q2 25 | $10.8M | — | ||
| Q1 25 | $4.9M | — | ||
| Q4 24 | $3.9M | — | ||
| Q3 24 | $34.2M | — | ||
| Q2 24 | $23.6M | — | ||
| Q1 24 | $-289.0K | — |
自由现金流率CAPLDAY
| Q4 25 | 2.6% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | -0.0% | — |
资本支出强度CAPLDAY
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.6% | — |
现金转化率CAPLDAY
| Q4 25 | 2.89× | — | ||
| Q3 25 | 1.79× | — | ||
| Q2 25 | 0.90× | 5.29× | ||
| Q1 25 | — | 3.33× | ||
| Q4 24 | 0.66× | 7.50× | ||
| Q3 24 | 3.92× | 45.90× | ||
| Q2 24 | 2.33× | — | ||
| Q1 24 | — | 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
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 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% |
