vs
Dayforce（DAY）与FULLER H B CO（FUL）财务数据对比。点击上方公司名可切换其他公司
FULLER H B CO的季度营收约是Dayforce的1.9倍（$892.0M vs $481.6M），FULLER H B CO净利率更高（7.5% vs -40.9%，领先48.4%），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 5.0%）
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。
H.B.富勒公司是总部位于美国明尼苏达州圣保罗的跨国粘合剂制造企业，全球第四大粘合剂及密封剂生产商。公司拥有超过20000种产品，广泛应用于建筑、工程、电子、卫生用品、食品包装等领域，在26个国家设有81座生产基地，2024年员工规模约7500人。
DAY vs FUL — 直观对比
营收规模更大
FUL
是对方的1.9倍
$481.6M
营收增速更快
DAY
高出12.3%
-2.8%
净利率更高
FUL
高出48.4%
-40.9%
两年增速更快
DAY
近两年复合增速
5.0%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $892.0M |
| 净利润 | $-196.8M | $67.2M |
| 毛利率 | — | 32.0% |
| 营业利润率 | 6.3% | 12.3% |
| 净利率 | -40.9% | 7.5% |
| 营收同比 | 9.5% | -2.8% |
| 净利润同比 | -9940.0% | 21.3% |
| 每股收益（稀释后） | $-1.23 | $1.22 |
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DAYFUL
| Q3 25 | $481.6M | $892.0M | ||
| Q2 25 | $464.7M | $898.1M | ||
| Q1 25 | $481.8M | — | ||
| Q4 24 | $465.2M | — | ||
| Q3 24 | $440.0M | $917.9M | ||
| Q2 24 | $423.3M | — | ||
| Q1 24 | $431.5M | $810.4M | ||
| Q4 23 | $399.7M | $902.9M |
净利润DAYFUL
| Q3 25 | $-196.8M | $67.2M | ||
| Q2 25 | $21.3M | $41.8M | ||
| Q1 25 | $14.9M | — | ||
| Q4 24 | $10.8M | — | ||
| Q3 24 | $2.0M | $55.4M | ||
| Q2 24 | $-1.8M | — | ||
| Q1 24 | $7.1M | $31.0M | ||
| Q4 23 | $45.6M | $45.0M |
毛利率DAYFUL
| Q3 25 | — | 32.0% | ||
| Q2 25 | — | 31.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | 30.0% | ||
| Q2 24 | 44.1% | — | ||
| Q1 24 | 47.6% | 29.5% | ||
| Q4 23 | 42.5% | 30.3% |
营业利润率DAYFUL
| Q3 25 | 6.3% | 12.3% | ||
| Q2 25 | 9.1% | 11.1% | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 4.7% | 11.4% | ||
| Q2 24 | 3.3% | — | ||
| Q1 24 | 9.4% | 8.3% | ||
| Q4 23 | 9.7% | 12.6% |
净利率DAYFUL
| Q3 25 | -40.9% | 7.5% | ||
| Q2 25 | 4.6% | 4.7% | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.5% | 6.0% | ||
| Q2 24 | -0.4% | — | ||
| Q1 24 | 1.6% | 3.8% | ||
| Q4 23 | 11.4% | 5.0% |
每股收益（稀释后）DAYFUL
| Q3 25 | $-1.23 | $1.22 | ||
| Q2 25 | $0.13 | $0.76 | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $0.07 | — | ||
| Q3 24 | $0.01 | $0.98 | ||
| Q2 24 | $-0.01 | — | ||
| Q1 24 | $0.04 | $0.55 | ||
| Q4 23 | $0.29 | $0.80 |
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 | $122.5M |
| 总债务越低越好 | $631.1M | — |
| 股东权益账面价值 | $2.7B | $2.0B |
| 总资产 | $8.7B | $5.2B |
| 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DAYFUL
| Q3 25 | $627.6M | $122.5M | ||
| Q2 25 | $625.2M | $96.8M | ||
| Q1 25 | $557.3M | — | ||
| Q4 24 | $579.7M | — | ||
| Q3 24 | $494.1M | $131.4M | ||
| Q2 24 | $465.4M | — | ||
| Q1 24 | $392.5M | $165.2M | ||
| Q4 23 | $570.3M | $179.5M |
总债务DAYFUL
| 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 | — | ||
| Q4 23 | $1.2B | $1.8B |
股东权益DAYFUL
| Q3 25 | $2.7B | $2.0B | ||
| Q2 25 | $2.7B | $1.9B | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.6B | $1.8B | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.4B | $1.8B | ||
| Q4 23 | $2.4B | $1.8B |
总资产DAYFUL
| Q3 25 | $8.7B | $5.2B | ||
| Q2 25 | $8.5B | $5.1B | ||
| Q1 25 | $9.5B | — | ||
| Q4 24 | $9.1B | — | ||
| Q3 24 | $8.1B | $5.0B | ||
| Q2 24 | $9.0B | — | ||
| Q1 24 | $10.8B | $4.7B | ||
| Q4 23 | $9.0B | $4.7B |
负债/权益比DAYFUL
| 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× | — | ||
| Q4 23 | 0.50× | 1.05× |
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 | $99.0M |
| 自由现金流经营现金流 - 资本支出 | — | $68.9M |
| 自由现金流率自由现金流/营收 | — | 7.7% |
| 资本支出强度资本支出/营收 | — | 3.4% |
| 现金转化率经营现金流/净利润 | — | 1.47× |
| 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DAYFUL
| Q3 25 | $31.2M | $99.0M | ||
| Q2 25 | $112.7M | — | ||
| Q1 25 | $49.6M | — | ||
| Q4 24 | $81.0M | — | ||
| Q3 24 | $91.8M | $169.4M | ||
| Q2 24 | $99.2M | — | ||
| Q1 24 | $9.1M | $47.4M | ||
| Q4 23 | $89.9M | $161.7M |
自由现金流DAYFUL
| Q3 25 | — | $68.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $99.9M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $4.1M | ||
| Q4 23 | — | $152.1M |
自由现金流率DAYFUL
| Q3 25 | — | 7.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 10.9% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.5% | ||
| Q4 23 | — | 16.8% |
资本支出强度DAYFUL
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 5.3% | ||
| Q4 23 | — | 1.1% |
现金转化率DAYFUL
| Q3 25 | — | 1.47× | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | 3.33× | — | ||
| Q4 24 | 7.50× | — | ||
| Q3 24 | 45.90× | 3.06× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.28× | 1.53× | ||
| Q4 23 | 1.97× | 3.59× |
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% |
FUL
| Hygiene Health And Consumable Adhesives | $386.1M | 43% |
| Engineering Adhesives | $272.3M | 31% |
| Building Adhesives Solutions | $233.7M | 26% |
