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Dayforce（DAY）与Hilltop Holdings Inc.（HTH）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Hilltop Holdings Inc.的1.6倍（$481.6M vs $300.5M），Hilltop Holdings Inc.净利率更高（13.0% vs -40.9%，领先53.8%），过去两年Dayforce的营收复合增速更高（9.8% vs 0.6%）
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。
Hilltop Holdings Inc.是总部位于美国得克萨斯州达拉斯的金融控股公司，旗下拥有PlainsCapital Bank、PrimeLending与HilltopSecurities三大核心子公司，为客户提供多元金融产品及银行相关服务。
DAY vs HTH — 直观对比
营收规模更大
DAY
是对方的1.6倍
$300.5M
净利率更高
HTH
高出53.8%
-40.9%
两年增速更快
DAY
近两年复合增速
0.6%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $300.5M |
| 净利润 | $-196.8M | $39.0M |
| 毛利率 | — | — |
| 营业利润率 | 6.3% | — |
| 净利率 | -40.9% | 13.0% |
| 营收同比 | 9.5% | — |
| 净利润同比 | -9940.0% | -12.4% |
| 每股收益（稀释后） | $-1.23 | $0.64 |
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DAYHTH
| Q1 26 | — | $300.5M | ||
| Q4 25 | — | $329.9M | ||
| Q3 25 | $481.6M | $330.2M | ||
| Q2 25 | $464.7M | $303.3M | ||
| Q1 25 | $481.8M | $318.5M | ||
| Q4 24 | $465.2M | $301.1M | ||
| Q3 24 | $440.0M | $305.5M | ||
| Q2 24 | $423.3M | $297.0M |
净利润DAYHTH
| Q1 26 | — | $39.0M | ||
| Q4 25 | — | $41.6M | ||
| Q3 25 | $-196.8M | $45.8M | ||
| Q2 25 | $21.3M | $36.1M | ||
| Q1 25 | $14.9M | $42.1M | ||
| Q4 24 | $10.8M | $35.5M | ||
| Q3 24 | $2.0M | $29.7M | ||
| Q2 24 | $-1.8M | $20.3M |
毛利率DAYHTH
| 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DAYHTH
| Q1 26 | — | — | ||
| Q4 25 | — | 16.1% | ||
| Q3 25 | 6.3% | 18.4% | ||
| Q2 25 | 9.1% | 16.3% | ||
| Q1 25 | 6.4% | 18.1% | ||
| Q4 24 | 6.1% | 14.7% | ||
| Q3 24 | 4.7% | 13.9% | ||
| Q2 24 | 3.3% | 10.0% |
净利率DAYHTH
| Q1 26 | — | 13.0% | ||
| Q4 25 | — | 12.6% | ||
| Q3 25 | -40.9% | 13.9% | ||
| Q2 25 | 4.6% | 11.9% | ||
| Q1 25 | 3.1% | 13.2% | ||
| Q4 24 | 2.3% | 11.8% | ||
| Q3 24 | 0.5% | 9.7% | ||
| Q2 24 | -0.4% | 6.8% |
每股收益（稀释后）DAYHTH
| Q1 26 | — | $0.64 | ||
| Q4 25 | — | $0.68 | ||
| Q3 25 | $-1.23 | $0.74 | ||
| Q2 25 | $0.13 | $0.57 | ||
| Q1 25 | $0.09 | $0.65 | ||
| Q4 24 | $0.07 | $0.55 | ||
| Q3 24 | $0.01 | $0.46 | ||
| Q2 24 | $-0.01 | $0.31 |
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 | $990.8M |
| 股东权益账面价值 | $2.7B | $2.2B |
| 总资产 | $8.7B | $15.7B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资DAYHTH
| 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DAYHTH
| Q1 26 | — | $990.8M | ||
| 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DAYHTH
| Q1 26 | — | $2.2B | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | $2.7B | $2.2B | ||
| Q2 25 | $2.7B | $2.2B | ||
| Q1 25 | $2.6B | $2.2B | ||
| Q4 24 | $2.5B | $2.2B | ||
| Q3 24 | $2.6B | $2.2B | ||
| Q2 24 | $2.5B | $2.1B |
总资产DAYHTH
| Q1 26 | — | $15.7B | ||
| Q4 25 | — | $15.8B | ||
| Q3 25 | $8.7B | $15.6B | ||
| Q2 25 | $8.5B | $15.4B | ||
| Q1 25 | $9.5B | $15.8B | ||
| Q4 24 | $9.1B | $16.3B | ||
| Q3 24 | $8.1B | $15.9B | ||
| Q2 24 | $9.0B | $15.6B |
负债/权益比DAYHTH
| Q1 26 | — | 0.46× | ||
| 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DAYHTH
| Q1 26 | — | — | ||
| Q4 25 | — | $-38.7M | ||
| Q3 25 | $31.2M | $273.0M | ||
| Q2 25 | $112.7M | $-234.6M | ||
| Q1 25 | $49.6M | $5.8M | ||
| Q4 24 | $81.0M | $273.9M | ||
| Q3 24 | $91.8M | $515.6M | ||
| Q2 24 | $99.2M | $-435.3M |
自由现金流DAYHTH
| Q1 26 | — | — | ||
| Q4 25 | — | $-55.5M | ||
| Q3 25 | — | $271.0M | ||
| Q2 25 | — | $-234.6M | ||
| Q1 25 | — | $5.0M | ||
| Q4 24 | — | $266.8M | ||
| Q3 24 | — | $513.8M | ||
| Q2 24 | — | $-437.3M |
自由现金流率DAYHTH
| Q1 26 | — | — | ||
| Q4 25 | — | -16.8% | ||
| Q3 25 | — | 82.1% | ||
| Q2 25 | — | -77.4% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 88.6% | ||
| Q3 24 | — | 168.2% | ||
| Q2 24 | — | -147.2% |
资本支出强度DAYHTH
| Q1 26 | — | — | ||
| Q4 25 | — | 5.1% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.7% |
现金转化率DAYHTH
| Q1 26 | — | — | ||
| Q4 25 | — | -0.93× | ||
| Q3 25 | — | 5.96× | ||
| Q2 25 | 5.29× | -6.50× | ||
| Q1 25 | 3.33× | 0.14× | ||
| Q4 24 | 7.50× | 7.71× | ||
| Q3 24 | 45.90× | 17.36× | ||
| Q2 24 | — | -21.41× |
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% |
HTH
| Noninterest Income | $188.4M | 63% |
| Net Interest Income | $112.1M | 37% |
