vs
AMERICOLD REALTY TRUST（COLD）与Dayforce（DAY）财务数据对比。点击上方公司名可切换其他公司
AMERICOLD REALTY TRUST的季度营收约是Dayforce的1.3倍（$643.1M vs $481.6M），AMERICOLD REALTY TRUST净利率更高（-13.7% vs -40.9%，领先27.1%），Dayforce同比增速更快（9.5% vs -0.7%），过去两年Dayforce的营收复合增速更高（9.8% vs -0.6%）
Americold Realty Trust是总部位于美国佐治亚州亚特兰大的温控仓储及运输企业，主营现代化商用温控仓储业务，通过冷链体系存储易腐货物，是食品保鲜供应链的重要参与方，为全球第二大温控仓储及配送服务提供商。
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。
COLD vs DAY — 直观对比
营收规模更大
COLD
是对方的1.3倍
$481.6M
营收增速更快
DAY
高出10.1%
-0.7%
净利率更高
COLD
高出27.1%
-40.9%
两年增速更快
DAY
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $643.1M | $481.6M |
| 净利润 | $-88.3M | $-196.8M |
| 毛利率 | 31.3% | — |
| 营业利润率 | -10.8% | 6.3% |
| 净利率 | -13.7% | -40.9% |
| 营收同比 | -0.7% | 9.5% |
| 净利润同比 | -143.9% | -9940.0% |
| 每股收益（稀释后） | $-0.31 | $-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COLDDAY
| Q4 25 | $643.1M | — | ||
| Q3 25 | $649.0M | $481.6M | ||
| Q2 25 | $635.1M | $464.7M | ||
| Q1 25 | $613.7M | $481.8M | ||
| Q4 24 | $647.4M | $465.2M | ||
| Q3 24 | $660.4M | $440.0M | ||
| Q2 24 | $645.6M | $423.3M | ||
| Q1 24 | $651.4M | $431.5M |
净利润COLDDAY
| Q4 25 | $-88.3M | — | ||
| Q3 25 | $-11.4M | $-196.8M | ||
| Q2 25 | $1.5M | $21.3M | ||
| Q1 25 | $-16.4M | $14.9M | ||
| Q4 24 | $-36.2M | $10.8M | ||
| Q3 24 | $-3.7M | $2.0M | ||
| Q2 24 | $-64.1M | $-1.8M | ||
| Q1 24 | $9.7M | $7.1M |
毛利率COLDDAY
| Q4 25 | 31.3% | — | ||
| Q3 25 | 29.3% | — | ||
| Q2 25 | 30.9% | — | ||
| Q1 25 | 31.1% | — | ||
| Q4 24 | 29.7% | 47.0% | ||
| Q3 24 | 29.6% | 45.8% | ||
| Q2 24 | 31.0% | 44.1% | ||
| Q1 24 | 30.3% | 47.6% |
营业利润率COLDDAY
| Q4 25 | -10.8% | — | ||
| Q3 25 | 2.6% | 6.3% | ||
| Q2 25 | 5.9% | 9.1% | ||
| Q1 25 | 3.6% | 6.4% | ||
| Q4 24 | -1.8% | 6.1% | ||
| Q3 24 | 4.6% | 4.7% | ||
| Q2 24 | 9.8% | 3.3% | ||
| Q1 24 | 6.4% | 9.4% |
净利率COLDDAY
| Q4 25 | -13.7% | — | ||
| Q3 25 | -1.8% | -40.9% | ||
| Q2 25 | 0.2% | 4.6% | ||
| Q1 25 | -2.7% | 3.1% | ||
| Q4 24 | -5.6% | 2.3% | ||
| Q3 24 | -0.6% | 0.5% | ||
| Q2 24 | -9.9% | -0.4% | ||
| Q1 24 | 1.5% | 1.6% |
每股收益（稀释后）COLDDAY
| Q4 25 | $-0.31 | — | ||
| Q3 25 | $-0.04 | $-1.23 | ||
| Q2 25 | $0.01 | $0.13 | ||
| Q1 25 | $-0.06 | $0.09 | ||
| Q4 24 | $-0.12 | $0.07 | ||
| Q3 24 | $-0.01 | $0.01 | ||
| Q2 24 | $-0.23 | $-0.01 | ||
| Q1 24 | $0.03 | $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 | $136.9M | $627.6M |
| 总债务越低越好 | — | $631.1M |
| 股东权益账面价值 | $2.9B | $2.7B |
| 总资产 | $8.1B | $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COLDDAY
| Q4 25 | $136.9M | — | ||
| Q3 25 | $33.3M | $627.6M | ||
| Q2 25 | $101.4M | $625.2M | ||
| Q1 25 | $38.9M | $557.3M | ||
| Q4 24 | $47.7M | $579.7M | ||
| Q3 24 | $61.3M | $494.1M | ||
| Q2 24 | $44.2M | $465.4M | ||
| Q1 24 | $59.2M | $392.5M |
总债务COLDDAY
| 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COLDDAY
| Q4 25 | $2.9B | — | ||
| Q3 25 | $3.0B | $2.7B | ||
| Q2 25 | $3.1B | $2.7B | ||
| Q1 25 | $3.2B | $2.6B | ||
| Q4 24 | $3.3B | $2.5B | ||
| Q3 24 | $3.4B | $2.6B | ||
| Q2 24 | $3.4B | $2.5B | ||
| Q1 24 | $3.6B | $2.4B |
总资产COLDDAY
| Q4 25 | $8.1B | — | ||
| Q3 25 | $8.1B | $8.7B | ||
| Q2 25 | $8.1B | $8.5B | ||
| Q1 25 | $7.8B | $9.5B | ||
| Q4 24 | $7.7B | $9.1B | ||
| Q3 24 | $7.9B | $8.1B | ||
| Q2 24 | $7.8B | $9.0B | ||
| Q1 24 | $7.8B | $10.8B |
负债/权益比COLDDAY
| 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 | $130.2M | $31.2M |
| 自由现金流经营现金流 - 资本支出 | $-12.2M | — |
| 自由现金流率自由现金流/营收 | -1.9% | — |
| 资本支出强度资本支出/营收 | 22.1% | — |
| 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 | $-217.2M | — |
8季度趋势，按日历期对齐
经营现金流COLDDAY
| Q4 25 | $130.2M | — | ||
| Q3 25 | $78.9M | $31.2M | ||
| Q2 25 | $120.3M | $112.7M | ||
| Q1 25 | $30.2M | $49.6M | ||
| Q4 24 | $162.6M | $81.0M | ||
| Q3 24 | $50.6M | $91.8M | ||
| Q2 24 | $136.7M | $99.2M | ||
| Q1 24 | $62.0M | $9.1M |
自由现金流COLDDAY
| Q4 25 | $-12.2M | — | ||
| Q3 25 | $-65.4M | — | ||
| Q2 25 | $-57.4M | — | ||
| Q1 25 | $-82.3M | — | ||
| Q4 24 | $57.4M | — | ||
| Q3 24 | $-44.5M | — | ||
| Q2 24 | $73.3M | — | ||
| Q1 24 | $16.2M | — |
自由现金流率COLDDAY
| Q4 25 | -1.9% | — | ||
| Q3 25 | -10.1% | — | ||
| Q2 25 | -9.0% | — | ||
| Q1 25 | -13.4% | — | ||
| Q4 24 | 8.9% | — | ||
| Q3 24 | -6.7% | — | ||
| Q2 24 | 11.4% | — | ||
| Q1 24 | 2.5% | — |
资本支出强度COLDDAY
| Q4 25 | 22.1% | — | ||
| Q3 25 | 22.2% | — | ||
| Q2 25 | 28.0% | — | ||
| Q1 25 | 18.3% | — | ||
| Q4 24 | 16.3% | — | ||
| Q3 24 | 14.4% | — | ||
| Q2 24 | 9.8% | — | ||
| Q1 24 | 7.0% | — |
现金转化率COLDDAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 78.18× | 5.29× | ||
| Q1 25 | — | 3.33× | ||
| Q4 24 | — | 7.50× | ||
| Q3 24 | — | 45.90× | ||
| Q2 24 | — | — | ||
| Q1 24 | 6.36× | 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
COLD
| Warehouse Services | $269.0M | 42% |
| Warehouse Rent And Storage | $199.9M | 31% |
| Other Facilities Costs | $60.0M | 9% |
| Transportation Segment | $48.3M | 8% |
| Power | $34.7M | 5% |
| Transportation | $22.0M | 3% |
| Third Party Managed Segment | $9.5M | 1% |
| Third Party Managed | $2.4M | 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% |
