vs
COMMERCE BANCSHARES INC（CBSH）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COMMERCE BANCSHARES INC的1.0倍（$481.6M vs $475.7M），COMMERCE BANCSHARES INC净利率更高（29.8% vs -40.9%，领先70.6%），COMMERCE BANCSHARES INC同比增速更快（11.1% vs 9.5%），过去两年Dayforce的营收复合增速更高（9.8% vs 7.1%）
Commerce Bancshares, Inc.是总部位于美国密苏里州的区域性银行控股公司，在堪萨斯城和圣路易斯设有核心办公点，旗下Commerce Bank提供多元化金融服务，覆盖企业及个人银行、财富管理、关联公司投资等业务。
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。
CBSH vs DAY — 直观对比
营收规模更大
DAY
是对方的1.0倍
$475.7M
营收增速更快
CBSH
高出1.7%
9.5%
净利率更高
CBSH
高出70.6%
-40.9%
两年增速更快
DAY
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $481.6M |
| 净利润 | $141.6M | $-196.8M |
| 毛利率 | — | — |
| 营业利润率 | — | 6.3% |
| 净利率 | 29.8% | -40.9% |
| 营收同比 | 11.1% | 9.5% |
| 净利润同比 | 10.5% | -9940.0% |
| 每股收益（稀释后） | $0.96 | $-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CBSHDAY
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | — | ||
| Q3 25 | $441.0M | $481.6M | ||
| Q2 25 | $445.8M | $464.7M | ||
| Q1 25 | $428.1M | $481.8M | ||
| Q4 24 | $422.1M | $465.2M | ||
| Q3 24 | $421.4M | $440.0M | ||
| Q2 24 | $414.5M | $423.3M |
净利润CBSHDAY
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | — | ||
| Q3 25 | $141.5M | $-196.8M | ||
| Q2 25 | $152.5M | $21.3M | ||
| Q1 25 | $131.6M | $14.9M | ||
| Q4 24 | $136.1M | $10.8M | ||
| Q3 24 | $138.0M | $2.0M | ||
| Q2 24 | $139.6M | $-1.8M |
毛利率CBSHDAY
| 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CBSHDAY
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | — | ||
| Q3 25 | 41.9% | 6.3% | ||
| Q2 25 | 44.0% | 9.1% | ||
| Q1 25 | 39.2% | 6.4% | ||
| Q4 24 | 41.2% | 6.1% | ||
| Q3 24 | 42.4% | 4.7% | ||
| Q2 24 | 43.4% | 3.3% |
净利率CBSHDAY
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | — | ||
| Q3 25 | 32.1% | -40.9% | ||
| Q2 25 | 34.2% | 4.6% | ||
| Q1 25 | 30.7% | 3.1% | ||
| Q4 24 | 32.2% | 2.3% | ||
| Q3 24 | 32.8% | 0.5% | ||
| Q2 24 | 33.7% | -0.4% |
每股收益（稀释后）CBSHDAY
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | — | ||
| Q3 25 | $1.06 | $-1.23 | ||
| Q2 25 | $1.14 | $0.13 | ||
| Q1 25 | $0.98 | $0.09 | ||
| Q4 24 | $0.83 | $0.07 | ||
| Q3 24 | $1.01 | $0.01 | ||
| Q2 24 | $1.03 | $-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 | — | $627.6M |
| 总债务越低越好 | — | $631.1M |
| 股东权益账面价值 | $4.3B | $2.7B |
| 总资产 | $35.7B | $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CBSHDAY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $627.6M | ||
| Q2 25 | — | $625.2M | ||
| Q1 25 | — | $557.3M | ||
| Q4 24 | — | $579.7M | ||
| Q3 24 | — | $494.1M | ||
| Q2 24 | — | $465.4M |
总债务CBSHDAY
| 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CBSHDAY
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.8B | $2.7B | ||
| Q2 25 | $3.6B | $2.7B | ||
| Q1 25 | $3.5B | $2.6B | ||
| Q4 24 | $3.3B | $2.5B | ||
| Q3 24 | $3.4B | $2.6B | ||
| Q2 24 | $3.1B | $2.5B |
总资产CBSHDAY
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | — | ||
| Q3 25 | $32.3B | $8.7B | ||
| Q2 25 | $32.3B | $8.5B | ||
| Q1 25 | $32.4B | $9.5B | ||
| Q4 24 | $32.0B | $9.1B | ||
| Q3 24 | $31.5B | $8.1B | ||
| Q2 24 | $30.6B | $9.0B |
负债/权益比CBSHDAY
| 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 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流CBSHDAY
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | — | ||
| Q3 25 | $129.0M | $31.2M | ||
| Q2 25 | $111.2M | $112.7M | ||
| Q1 25 | $138.6M | $49.6M | ||
| Q4 24 | $577.9M | $81.0M | ||
| Q3 24 | $431.7M | $91.8M | ||
| Q2 24 | $147.4M | $99.2M |
自由现金流CBSHDAY
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | — | ||
| Q3 25 | $113.3M | — | ||
| Q2 25 | $100.5M | — | ||
| Q1 25 | $126.0M | — | ||
| Q4 24 | $531.7M | — | ||
| Q3 24 | $419.1M | — | ||
| Q2 24 | $138.9M | — |
自由现金流率CBSHDAY
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | — | ||
| Q3 25 | 25.7% | — | ||
| Q2 25 | 22.5% | — | ||
| Q1 25 | 29.4% | — | ||
| Q4 24 | 126.0% | — | ||
| Q3 24 | 99.5% | — | ||
| Q2 24 | 33.5% | — |
资本支出强度CBSHDAY
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | — | ||
| Q3 25 | 3.6% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 2.1% | — |
现金转化率CBSHDAY
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | — | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 0.73× | 5.29× | ||
| Q1 25 | 1.05× | 3.33× | ||
| Q4 24 | 4.25× | 7.50× | ||
| Q3 24 | 3.13× | 45.90× | ||
| Q2 24 | 1.06× | — |
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
CBSH
暂无分部数据
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% |
