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CULLEN/FROST BANKERS, INC.（CFR）与Dayforce（DAY）财务数据对比。点击上方公司名可切换其他公司
CULLEN/FROST BANKERS, INC.的季度营收约是Dayforce的1.2倍（$580.9M vs $481.6M），CULLEN/FROST BANKERS, INC.净利率更高（28.6% vs -40.9%，领先69.5%），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 7.6%）
Frost Bank是总部位于美国圣安东尼奥的德克萨斯州特许银行，为银行控股公司卡伦/弗罗斯特银行家集团的核心子公司。其在得克萨斯州共设有200家营业网点、1750台自动柜员机，按总资产规模统计位列全美前60大银行之列。
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。
CFR vs DAY — 直观对比
营收规模更大
CFR
是对方的1.2倍
$481.6M
营收增速更快
DAY
高出1.2%
8.3%
净利率更高
CFR
高出69.5%
-40.9%
两年增速更快
DAY
近两年复合增速
7.6%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $580.9M | $481.6M |
| 净利润 | $166.3M | $-196.8M |
| 毛利率 | — | — |
| 营业利润率 | 34.1% | 6.3% |
| 净利率 | 28.6% | -40.9% |
| 营收同比 | 8.3% | 9.5% |
| 净利润同比 | 7.4% | -9940.0% |
| 每股收益（稀释后） | $2.56 | $-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CFRDAY
| Q4 25 | $580.9M | — | ||
| Q3 25 | $567.3M | $481.6M | ||
| Q2 25 | $546.9M | $464.7M | ||
| Q1 25 | $540.2M | $481.8M | ||
| Q4 24 | $536.3M | $465.2M | ||
| Q3 24 | $518.0M | $440.0M | ||
| Q2 24 | $507.9M | $423.3M | ||
| Q1 24 | $501.4M | $431.5M |
净利润CFRDAY
| Q4 25 | $166.3M | — | ||
| Q3 25 | $174.4M | $-196.8M | ||
| Q2 25 | $157.0M | $21.3M | ||
| Q1 25 | $150.9M | $14.9M | ||
| Q4 24 | $154.9M | $10.8M | ||
| Q3 24 | $146.5M | $2.0M | ||
| Q2 24 | $145.5M | $-1.8M | ||
| Q1 24 | $135.7M | $7.1M |
毛利率CFRDAY
| 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CFRDAY
| Q4 25 | 34.1% | — | ||
| Q3 25 | 36.7% | 6.3% | ||
| Q2 25 | 34.1% | 9.1% | ||
| Q1 25 | 33.2% | 6.4% | ||
| Q4 24 | 34.3% | 6.1% | ||
| Q3 24 | 33.8% | 4.7% | ||
| Q2 24 | 34.5% | 3.3% | ||
| Q1 24 | 32.2% | 9.4% |
净利率CFRDAY
| Q4 25 | 28.6% | — | ||
| Q3 25 | 30.7% | -40.9% | ||
| Q2 25 | 28.7% | 4.6% | ||
| Q1 25 | 27.9% | 3.1% | ||
| Q4 24 | 28.9% | 2.3% | ||
| Q3 24 | 28.3% | 0.5% | ||
| Q2 24 | 28.6% | -0.4% | ||
| Q1 24 | 27.1% | 1.6% |
每股收益（稀释后）CFRDAY
| Q4 25 | $2.56 | — | ||
| Q3 25 | $2.67 | $-1.23 | ||
| Q2 25 | $2.39 | $0.13 | ||
| Q1 25 | $2.30 | $0.09 | ||
| Q4 24 | $2.36 | $0.07 | ||
| Q3 24 | $2.24 | $0.01 | ||
| Q2 24 | $2.21 | $-0.01 | ||
| Q1 24 | $2.06 | $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 | — | $627.6M |
| 总债务越低越好 | — | $631.1M |
| 股东权益账面价值 | $4.6B | $2.7B |
| 总资产 | $53.0B | $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CFRDAY
| 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 | ||
| Q1 24 | — | $392.5M |
总债务CFRDAY
| 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 | ||
| Q1 24 | — | $1.2B |
股东权益CFRDAY
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | $2.7B | ||
| Q2 25 | $4.2B | $2.7B | ||
| Q1 25 | $4.1B | $2.6B | ||
| Q4 24 | $3.9B | $2.5B | ||
| Q3 24 | $4.1B | $2.6B | ||
| Q2 24 | $3.7B | $2.5B | ||
| Q1 24 | $3.6B | $2.4B |
总资产CFRDAY
| Q4 25 | $53.0B | — | ||
| Q3 25 | $52.5B | $8.7B | ||
| Q2 25 | $51.4B | $8.5B | ||
| Q1 25 | $52.0B | $9.5B | ||
| Q4 24 | $52.5B | $9.1B | ||
| Q3 24 | $51.0B | $8.1B | ||
| Q2 24 | $48.8B | $9.0B | ||
| Q1 24 | $49.5B | $10.8B |
负债/权益比CFRDAY
| 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 | $274.0M | $31.2M |
| 自由现金流经营现金流 - 资本支出 | $127.3M | — |
| 自由现金流率自由现金流/营收 | 21.9% | — |
| 资本支出强度资本支出/营收 | 25.2% | — |
| 现金转化率经营现金流/净利润 | 1.65× | — |
| 过去12个月自由现金流最近4个季度 | $116.4M | — |
8季度趋势，按日历期对齐
经营现金流CFRDAY
| Q4 25 | $274.0M | — | ||
| Q3 25 | $248.6M | $31.2M | ||
| Q2 25 | $140.8M | $112.7M | ||
| Q1 25 | $-296.1M | $49.6M | ||
| Q4 24 | $989.5M | $81.0M | ||
| Q3 24 | $307.2M | $91.8M | ||
| Q2 24 | $129.6M | $99.2M | ||
| Q1 24 | $488.4M | $9.1M |
自由现金流CFRDAY
| Q4 25 | $127.3M | — | ||
| Q3 25 | $211.7M | — | ||
| Q2 25 | $114.5M | — | ||
| Q1 25 | $-337.1M | — | ||
| Q4 24 | $861.8M | — | ||
| Q3 24 | $281.9M | — | ||
| Q2 24 | $103.0M | — | ||
| Q1 24 | $450.3M | — |
自由现金流率CFRDAY
| Q4 25 | 21.9% | — | ||
| Q3 25 | 37.3% | — | ||
| Q2 25 | 20.9% | — | ||
| Q1 25 | -62.4% | — | ||
| Q4 24 | 160.7% | — | ||
| Q3 24 | 54.4% | — | ||
| Q2 24 | 20.3% | — | ||
| Q1 24 | 89.8% | — |
资本支出强度CFRDAY
| Q4 25 | 25.2% | — | ||
| Q3 25 | 6.5% | — | ||
| Q2 25 | 4.8% | — | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 23.8% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 5.2% | — | ||
| Q1 24 | 7.6% | — |
现金转化率CFRDAY
| Q4 25 | 1.65× | — | ||
| Q3 25 | 1.43× | — | ||
| Q2 25 | 0.90× | 5.29× | ||
| Q1 25 | -1.96× | 3.33× | ||
| Q4 24 | 6.39× | 7.50× | ||
| Q3 24 | 2.10× | 45.90× | ||
| Q2 24 | 0.89× | — | ||
| Q1 24 | 3.60× | 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
CFR
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% |
