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Dayforce（DAY）与Life Time Group Holdings, Inc.（LTH）财务数据对比。点击上方公司名可切换其他公司
Life Time Group Holdings, Inc.的季度营收约是Dayforce的1.5倍（$745.1M vs $481.6M），Life Time Group Holdings, Inc.净利率更高（16.5% vs -40.9%，领先57.4%），Life Time Group Holdings, Inc.同比增速更快（12.3% vs 9.5%），过去两年Life Time Group Holdings, Inc.的营收复合增速更高（11.7% vs 9.8%）
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。
Life Time Group Holdings是美国高端健身康养服务运营商，在全美运营连锁高端运动场馆，提供健身器材使用、团体课程、私教指导、SPA护理、营养咨询、青少年运动项目及联合办公等服务，服务于追求健康生活方式的消费群体。
DAY vs LTH — 直观对比
营收规模更大
LTH
是对方的1.5倍
$481.6M
营收增速更快
LTH
高出2.9%
9.5%
净利率更高
LTH
高出57.4%
-40.9%
两年增速更快
LTH
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $745.1M |
| 净利润 | $-196.8M | $123.0M |
| 毛利率 | — | 49.1% |
| 营业利润率 | 6.3% | 17.4% |
| 净利率 | -40.9% | 16.5% |
| 营收同比 | 9.5% | 12.3% |
| 净利润同比 | -9940.0% | 231.0% |
| 每股收益（稀释后） | $-1.23 | $0.55 |
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DAYLTH
| Q4 25 | — | $745.1M | ||
| Q3 25 | $481.6M | $782.6M | ||
| Q2 25 | $464.7M | $761.5M | ||
| Q1 25 | $481.8M | $706.0M | ||
| Q4 24 | $465.2M | $663.3M | ||
| Q3 24 | $440.0M | $693.2M | ||
| Q2 24 | $423.3M | $667.8M | ||
| Q1 24 | $431.5M | $596.7M |
净利润DAYLTH
| Q4 25 | — | $123.0M | ||
| Q3 25 | $-196.8M | $102.4M | ||
| Q2 25 | $21.3M | $72.1M | ||
| Q1 25 | $14.9M | $76.1M | ||
| Q4 24 | $10.8M | $37.2M | ||
| Q3 24 | $2.0M | $41.4M | ||
| Q2 24 | $-1.8M | $52.8M | ||
| Q1 24 | $7.1M | $24.9M |
毛利率DAYLTH
| Q4 25 | — | 49.1% | ||
| Q3 25 | — | 47.1% | ||
| Q2 25 | — | 47.0% | ||
| Q1 25 | — | 47.5% | ||
| Q4 24 | 47.0% | 48.2% | ||
| Q3 24 | 45.8% | 46.5% | ||
| Q2 24 | 44.1% | 46.8% | ||
| Q1 24 | 47.6% | 46.1% |
营业利润率DAYLTH
| Q4 25 | — | 17.4% | ||
| Q3 25 | 6.3% | 17.3% | ||
| Q2 25 | 9.1% | 14.2% | ||
| Q1 25 | 6.4% | 15.2% | ||
| Q4 24 | 6.1% | 13.1% | ||
| Q3 24 | 4.7% | 13.5% | ||
| Q2 24 | 3.3% | 15.7% | ||
| Q1 24 | 9.4% | 12.1% |
净利率DAYLTH
| Q4 25 | — | 16.5% | ||
| Q3 25 | -40.9% | 13.1% | ||
| Q2 25 | 4.6% | 9.5% | ||
| Q1 25 | 3.1% | 10.8% | ||
| Q4 24 | 2.3% | 5.6% | ||
| Q3 24 | 0.5% | 6.0% | ||
| Q2 24 | -0.4% | 7.9% | ||
| Q1 24 | 1.6% | 4.2% |
每股收益（稀释后）DAYLTH
| Q4 25 | — | $0.55 | ||
| Q3 25 | $-1.23 | $0.45 | ||
| Q2 25 | $0.13 | $0.32 | ||
| Q1 25 | $0.09 | $0.34 | ||
| Q4 24 | $0.07 | $0.17 | ||
| Q3 24 | $0.01 | $0.19 | ||
| Q2 24 | $-0.01 | $0.26 | ||
| Q1 24 | $0.04 | $0.12 |
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 | $204.8M |
| 总债务越低越好 | $631.1M | $1.5B |
| 股东权益账面价值 | $2.7B | $3.1B |
| 总资产 | $8.7B | $8.0B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.48× |
8季度趋势，按日历期对齐
现金及短期投资DAYLTH
| Q4 25 | — | $204.8M | ||
| Q3 25 | $627.6M | $218.9M | ||
| Q2 25 | $625.2M | $175.5M | ||
| Q1 25 | $557.3M | $59.0M | ||
| Q4 24 | $579.7M | $10.9M | ||
| Q3 24 | $494.1M | $120.9M | ||
| Q2 24 | $465.4M | $34.5M | ||
| Q1 24 | $392.5M | $18.6M |
总债务DAYLTH
| Q4 25 | — | $1.5B | ||
| Q3 25 | $631.1M | $1.5B | ||
| Q2 25 | $631.8M | $1.5B | ||
| Q1 25 | $632.4M | $1.5B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $1.2B | $1.8B | ||
| Q1 24 | $1.2B | $2.0B |
股东权益DAYLTH
| Q4 25 | — | $3.1B | ||
| Q3 25 | $2.7B | $3.0B | ||
| Q2 25 | $2.7B | $2.9B | ||
| Q1 25 | $2.6B | $2.7B | ||
| Q4 24 | $2.5B | $2.6B | ||
| Q3 24 | $2.6B | $2.6B | ||
| Q2 24 | $2.5B | $2.4B | ||
| Q1 24 | $2.4B | $2.3B |
总资产DAYLTH
| Q4 25 | — | $8.0B | ||
| Q3 25 | $8.7B | $7.8B | ||
| Q2 25 | $8.5B | $7.6B | ||
| Q1 25 | $9.5B | $7.3B | ||
| Q4 24 | $9.1B | $7.2B | ||
| Q3 24 | $8.1B | $7.2B | ||
| Q2 24 | $9.0B | $7.1B | ||
| Q1 24 | $10.8B | $7.1B |
负债/权益比DAYLTH
| Q4 25 | — | 0.48× | ||
| Q3 25 | 0.23× | 0.51× | ||
| Q2 25 | 0.23× | 0.53× | ||
| Q1 25 | 0.24× | 0.56× | ||
| Q4 24 | 0.47× | 0.59× | ||
| Q3 24 | 0.47× | 0.64× | ||
| Q2 24 | 0.49× | 0.78× | ||
| Q1 24 | 0.50× | 0.87× |
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 | $239.9M |
| 自由现金流经营现金流 - 资本支出 | — | $-64.6M |
| 自由现金流率自由现金流/营收 | — | -8.7% |
| 资本支出强度资本支出/营收 | — | 40.9% |
| 现金转化率经营现金流/净利润 | — | 1.95× |
| 过去12个月自由现金流最近4个季度 | — | $-21.0M |
8季度趋势，按日历期对齐
经营现金流DAYLTH
| Q4 25 | — | $239.9M | ||
| Q3 25 | $31.2M | $251.1M | ||
| Q2 25 | $112.7M | $195.7M | ||
| Q1 25 | $49.6M | $183.9M | ||
| Q4 24 | $81.0M | $163.1M | ||
| Q3 24 | $91.8M | $151.1M | ||
| Q2 24 | $99.2M | $170.4M | ||
| Q1 24 | $9.1M | $90.4M |
自由现金流DAYLTH
| Q4 25 | — | $-64.6M | ||
| Q3 25 | — | $28.6M | ||
| Q2 25 | — | $-26.3M | ||
| Q1 25 | — | $41.4M | ||
| Q4 24 | — | $26.8M | ||
| Q3 24 | — | $64.0M | ||
| Q2 24 | — | $26.1M | ||
| Q1 24 | — | $-66.4M |
自由现金流率DAYLTH
| Q4 25 | — | -8.7% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | -3.5% | ||
| Q1 25 | — | 5.9% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 9.2% | ||
| Q2 24 | — | 3.9% | ||
| Q1 24 | — | -11.1% |
资本支出强度DAYLTH
| Q4 25 | — | 40.9% | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | 29.2% | ||
| Q1 25 | — | 20.2% | ||
| Q4 24 | — | 20.6% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 21.6% | ||
| Q1 24 | — | 26.3% |
现金转化率DAYLTH
| Q4 25 | — | 1.95× | ||
| Q3 25 | — | 2.45× | ||
| Q2 25 | 5.29× | 2.71× | ||
| Q1 25 | 3.33× | 2.41× | ||
| Q4 24 | 7.50× | 4.39× | ||
| Q3 24 | 45.90× | 3.65× | ||
| Q2 24 | — | 3.23× | ||
| Q1 24 | 1.28× | 3.63× |
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% |
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
