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Dayforce（DAY）与MACERICH CO（MAC）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MACERICH CO的1.8倍（$481.6M vs $261.7M），MACERICH CO净利率更高（-7.2% vs -40.9%，领先33.7%），Dayforce同比增速更快（9.5% vs -4.4%），过去两年MACERICH CO的营收复合增速更高（12.0% 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。
Macerich是一家专注于购物中心投资的房地产投资信托基金，为美国第三大购物中心持有及运营商。截至2024年12月31日，公司共持有43处物业的权益，可租赁总面积达4300万平方英尺，公司名称由创始人Mace Siegel与Richard Cohen的名字组合而来。
DAY vs MAC — 直观对比
营收规模更大
DAY
是对方的1.8倍
$261.7M
营收增速更快
DAY
高出13.8%
-4.4%
净利率更高
MAC
高出33.7%
-40.9%
两年增速更快
MAC
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $261.7M |
| 净利润 | $-196.8M | $-18.8M |
| 毛利率 | — | — |
| 营业利润率 | 6.3% | — |
| 净利率 | -40.9% | -7.2% |
| 营收同比 | 9.5% | -4.4% |
| 净利润同比 | -9940.0% | 91.1% |
| 每股收益（稀释后） | $-1.23 | $-0.08 |
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DAYMAC
| Q4 25 | — | $261.7M | ||
| Q3 25 | $481.6M | $253.3M | ||
| Q2 25 | $464.7M | $249.8M | ||
| Q1 25 | $481.8M | $249.2M | ||
| Q4 24 | $465.2M | $273.7M | ||
| Q3 24 | $440.0M | $220.2M | ||
| Q2 24 | $423.3M | $215.5M | ||
| Q1 24 | $431.5M | $208.8M |
净利润DAYMAC
| Q4 25 | — | $-18.8M | ||
| Q3 25 | $-196.8M | $-87.4M | ||
| Q2 25 | $21.3M | $-40.9M | ||
| Q1 25 | $14.9M | $-50.1M | ||
| Q4 24 | $10.8M | $-211.2M | ||
| Q3 24 | $2.0M | $-108.2M | ||
| Q2 24 | $-1.8M | $252.0M | ||
| Q1 24 | $7.1M | $-126.7M |
毛利率DAYMAC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | — | ||
| Q2 24 | 44.1% | — | ||
| Q1 24 | 47.6% | — |
营业利润率DAYMAC
| Q4 25 | — | — | ||
| Q3 25 | 6.3% | — | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 3.3% | — | ||
| Q1 24 | 9.4% | — |
净利率DAYMAC
| Q4 25 | — | -7.2% | ||
| Q3 25 | -40.9% | -34.5% | ||
| Q2 25 | 4.6% | -16.4% | ||
| Q1 25 | 3.1% | -20.1% | ||
| Q4 24 | 2.3% | -77.2% | ||
| Q3 24 | 0.5% | -49.1% | ||
| Q2 24 | -0.4% | 116.9% | ||
| Q1 24 | 1.6% | -60.7% |
每股收益（稀释后）DAYMAC
| Q4 25 | — | $-0.08 | ||
| Q3 25 | $-1.23 | $-0.34 | ||
| Q2 25 | $0.13 | $-0.16 | ||
| Q1 25 | $0.09 | $-0.20 | ||
| Q4 24 | $0.07 | $-0.95 | ||
| Q3 24 | $0.01 | $-0.50 | ||
| Q2 24 | $-0.01 | $1.16 | ||
| Q1 24 | $0.04 | $-0.59 |
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 | $280.2M |
| 总债务越低越好 | $631.1M | $5.1B |
| 股东权益账面价值 | $2.7B | $2.4B |
| 总资产 | $8.7B | $8.4B |
| 负债/权益比越低杠杆越低 | 0.23× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资DAYMAC
| Q4 25 | — | $280.2M | ||
| Q3 25 | $627.6M | $290.2M | ||
| Q2 25 | $625.2M | $131.1M | ||
| Q1 25 | $557.3M | $253.2M | ||
| Q4 24 | $579.7M | $89.9M | ||
| Q3 24 | $494.1M | $116.5M | ||
| Q2 24 | $465.4M | $70.7M | ||
| Q1 24 | $392.5M | $120.1M |
总债务DAYMAC
| Q4 25 | — | $5.1B | ||
| Q3 25 | $631.1M | $5.1B | ||
| Q2 25 | $631.8M | $5.2B | ||
| Q1 25 | $632.4M | $5.2B | ||
| Q4 24 | $1.2B | $4.9B | ||
| Q3 24 | $1.2B | $4.3B | ||
| Q2 24 | $1.2B | $4.4B | ||
| Q1 24 | $1.2B | $4.1B |
股东权益DAYMAC
| Q4 25 | — | $2.4B | ||
| Q3 25 | $2.7B | $2.5B | ||
| Q2 25 | $2.7B | $2.6B | ||
| Q1 25 | $2.6B | $2.7B | ||
| Q4 24 | $2.5B | $2.8B | ||
| Q3 24 | $2.6B | $2.5B | ||
| Q2 24 | $2.5B | $2.5B | ||
| Q1 24 | $2.4B | $2.3B |
总资产DAYMAC
| Q4 25 | — | $8.4B | ||
| Q3 25 | $8.7B | $8.4B | ||
| Q2 25 | $8.5B | $8.7B | ||
| Q1 25 | $9.5B | $8.7B | ||
| Q4 24 | $9.1B | $8.6B | ||
| Q3 24 | $8.1B | $7.6B | ||
| Q2 24 | $9.0B | $7.8B | ||
| Q1 24 | $10.8B | $7.4B |
负债/权益比DAYMAC
| Q4 25 | — | 2.07× | ||
| Q3 25 | 0.23× | 2.02× | ||
| Q2 25 | 0.23× | 2.02× | ||
| Q1 25 | 0.24× | 1.96× | ||
| Q4 24 | 0.47× | 1.78× | ||
| Q3 24 | 0.47× | 1.73× | ||
| Q2 24 | 0.49× | 1.75× | ||
| Q1 24 | 0.50× | 1.79× |
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 | $50.2M |
| 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DAYMAC
| Q4 25 | — | $50.2M | ||
| Q3 25 | $31.2M | $112.4M | ||
| Q2 25 | $112.7M | $70.5M | ||
| Q1 25 | $49.6M | $88.5M | ||
| Q4 24 | $81.0M | $54.9M | ||
| Q3 24 | $91.8M | $100.0M | ||
| Q2 24 | $99.2M | $67.4M | ||
| Q1 24 | $9.1M | $61.1M |
现金转化率DAYMAC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | 3.33× | — | ||
| Q4 24 | 7.50× | — | ||
| Q3 24 | 45.90× | — | ||
| Q2 24 | — | 0.27× | ||
| Q1 24 | 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
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% |
MAC
暂无分部数据
