vs
Dayforce（DAY）与DELUXE CORP（DLX）财务数据对比。点击上方公司名可切换其他公司
DELUXE CORP的季度营收约是Dayforce的1.1倍（$535.2M vs $481.6M），DELUXE CORP净利率更高（2.2% vs -40.9%，领先43.1%），Dayforce同比增速更快（9.5% vs 2.8%），过去两年Dayforce的营收复合增速更高（9.8% vs 0.0%）
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。
德朗士公司是一家美国企业，提供支付处理、数据服务、票据与促销产品以及商户服务，业务分为B2B支付、数据、印刷和商户服务四大板块。截至2025年，公司为数百万中小企业和数千家金融机构提供服务，每年处理支付交易总额超2.8万亿美元，虽传统核心业务为票据印刷等印刷产品，如今支付与数据服务已成为核心板块。
DAY vs DLX — 直观对比
营收规模更大
DLX
是对方的1.1倍
$481.6M
营收增速更快
DAY
高出6.6%
2.8%
净利率更高
DLX
高出43.1%
-40.9%
两年增速更快
DAY
近两年复合增速
0.0%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $535.2M |
| 净利润 | $-196.8M | $12.0M |
| 毛利率 | — | 52.2% |
| 营业利润率 | 6.3% | 8.9% |
| 净利率 | -40.9% | 2.2% |
| 营收同比 | 9.5% | 2.8% |
| 净利润同比 | -9940.0% | -5.0% |
| 每股收益（稀释后） | $-1.23 | $0.25 |
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DAYDLX
| Q4 25 | — | $535.2M | ||
| Q3 25 | $481.6M | $540.2M | ||
| Q2 25 | $464.7M | $521.3M | ||
| Q1 25 | $481.8M | $536.5M | ||
| Q4 24 | $465.2M | $520.6M | ||
| Q3 24 | $440.0M | $528.4M | ||
| Q2 24 | $423.3M | $537.8M | ||
| Q1 24 | $431.5M | $535.0M |
净利润DAYDLX
| Q4 25 | — | $12.0M | ||
| Q3 25 | $-196.8M | $33.7M | ||
| Q2 25 | $21.3M | $22.4M | ||
| Q1 25 | $14.9M | $14.0M | ||
| Q4 24 | $10.8M | $12.6M | ||
| Q3 24 | $2.0M | $8.9M | ||
| Q2 24 | $-1.8M | $20.5M | ||
| Q1 24 | $7.1M | $10.8M |
毛利率DAYDLX
| Q4 25 | — | 52.2% | ||
| Q3 25 | — | 53.9% | ||
| Q2 25 | — | 53.6% | ||
| Q1 25 | — | 52.4% | ||
| Q4 24 | 47.0% | 52.3% | ||
| Q3 24 | 45.8% | 53.3% | ||
| Q2 24 | 44.1% | 53.7% | ||
| Q1 24 | 47.6% | 53.0% |
营业利润率DAYDLX
| Q4 25 | — | 8.9% | ||
| Q3 25 | 6.3% | 14.0% | ||
| Q2 25 | 9.1% | 11.7% | ||
| Q1 25 | 6.4% | 9.0% | ||
| Q4 24 | 6.1% | 9.0% | ||
| Q3 24 | 4.7% | 7.9% | ||
| Q2 24 | 3.3% | 11.0% | ||
| Q1 24 | 9.4% | 8.3% |
净利率DAYDLX
| Q4 25 | — | 2.2% | ||
| Q3 25 | -40.9% | 6.2% | ||
| Q2 25 | 4.6% | 4.3% | ||
| Q1 25 | 3.1% | 2.6% | ||
| Q4 24 | 2.3% | 2.4% | ||
| Q3 24 | 0.5% | 1.7% | ||
| Q2 24 | -0.4% | 3.8% | ||
| Q1 24 | 1.6% | 2.0% |
每股收益（稀释后）DAYDLX
| Q4 25 | — | $0.25 | ||
| Q3 25 | $-1.23 | $0.74 | ||
| Q2 25 | $0.13 | $0.50 | ||
| Q1 25 | $0.09 | $0.31 | ||
| Q4 24 | $0.07 | $0.28 | ||
| Q3 24 | $0.01 | $0.20 | ||
| Q2 24 | $-0.01 | $0.46 | ||
| Q1 24 | $0.04 | $0.24 |
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 | $36.9M |
| 总债务越低越好 | $631.1M | — |
| 股东权益账面价值 | $2.7B | $680.7M |
| 总资产 | $8.7B | $2.9B |
| 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DAYDLX
| Q4 25 | — | $36.9M | ||
| Q3 25 | $627.6M | $25.8M | ||
| Q2 25 | $625.2M | $26.0M | ||
| Q1 25 | $557.3M | $30.3M | ||
| Q4 24 | $579.7M | $34.4M | ||
| Q3 24 | $494.1M | $41.3M | ||
| Q2 24 | $465.4M | $23.1M | ||
| Q1 24 | $392.5M | $23.5M |
总债务DAYDLX
| 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DAYDLX
| Q4 25 | — | $680.7M | ||
| Q3 25 | $2.7B | $664.1M | ||
| Q2 25 | $2.7B | $638.7M | ||
| Q1 25 | $2.6B | $622.5M | ||
| Q4 24 | $2.5B | $620.9M | ||
| Q3 24 | $2.6B | $612.7M | ||
| Q2 24 | $2.5B | $620.5M | ||
| Q1 24 | $2.4B | $608.4M |
总资产DAYDLX
| Q4 25 | — | $2.9B | ||
| Q3 25 | $8.7B | $2.6B | ||
| Q2 25 | $8.5B | $2.5B | ||
| Q1 25 | $9.5B | $2.6B | ||
| Q4 24 | $9.1B | $2.8B | ||
| Q3 24 | $8.1B | $2.6B | ||
| Q2 24 | $9.0B | $2.7B | ||
| Q1 24 | $10.8B | $2.7B |
负债/权益比DAYDLX
| 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 | $31.2M | $102.1M |
| 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 | — | 8.53× |
| 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DAYDLX
| Q4 25 | — | $102.1M | ||
| Q3 25 | $31.2M | $67.1M | ||
| Q2 25 | $112.7M | $51.1M | ||
| Q1 25 | $49.6M | $50.3M | ||
| Q4 24 | $81.0M | $60.2M | ||
| Q3 24 | $91.8M | $67.9M | ||
| Q2 24 | $99.2M | $39.6M | ||
| Q1 24 | $9.1M | $26.6M |
自由现金流DAYDLX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $27.8M | ||
| Q1 25 | — | $24.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $46.7M | ||
| Q2 24 | — | $11.4M | ||
| Q1 24 | — | $6.1M |
自由现金流率DAYDLX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 5.3% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 8.8% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | — | 1.1% |
资本支出强度DAYDLX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.5% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 5.2% | ||
| Q1 24 | — | 3.8% |
现金转化率DAYDLX
| Q4 25 | — | 8.53× | ||
| Q3 25 | — | 1.99× | ||
| Q2 25 | 5.29× | 2.28× | ||
| Q1 25 | 3.33× | 3.59× | ||
| Q4 24 | 7.50× | 4.77× | ||
| Q3 24 | 45.90× | 7.60× | ||
| Q2 24 | — | 1.94× | ||
| Q1 24 | 1.28× | 2.46× |
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
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% |
DLX
| Services | $247.9M | 46% |
| B2B Payments | $76.3M | 14% |
| Datadrivenmarketingsolutions | $68.5M | 13% |
| Promotional Solutions Revenue | $60.9M | 11% |
| Treasurymanagementsolutions | $59.8M | 11% |
| Other | $17.3M | 3% |
| Other Web Based Solutions | $4.6M | 1% |
