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Dayforce（DAY）与MDU RESOURCES GROUP INC（MDU）财务数据对比。点击上方公司名可切换其他公司
MDU RESOURCES GROUP INC的季度营收约是Dayforce的1.1倍（$522.6M vs $481.6M），MDU RESOURCES GROUP INC净利率更高（14.6% vs -40.9%，领先55.5%），Dayforce同比增速更快（9.5% vs -1.6%），过去两年Dayforce的营收复合增速更高（9.8% vs -5.7%）
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。
MDU资源集团是一家总部位于美国北达科他州俾斯麦的企业，业务涵盖受监管的能源输送供应，以及公用事业相关的建筑材料与服务，业务范围覆盖美国48个州，是当地能源及基建服务领域的重要参与者。
DAY vs MDU — 直观对比
营收规模更大
MDU
是对方的1.1倍
$481.6M
营收增速更快
DAY
高出11.0%
-1.6%
净利率更高
MDU
高出55.5%
-40.9%
两年增速更快
DAY
近两年复合增速
-5.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $522.6M |
| 净利润 | $-196.8M | $76.3M |
| 毛利率 | — | — |
| 营业利润率 | 6.3% | 20.5% |
| 净利率 | -40.9% | 14.6% |
| 营收同比 | 9.5% | -1.6% |
| 净利润同比 | -9940.0% | 38.4% |
| 每股收益（稀释后） | $-1.23 | $0.37 |
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DAYMDU
| Q4 25 | — | $522.6M | ||
| Q3 25 | $481.6M | $313.6M | ||
| Q2 25 | $464.7M | $348.7M | ||
| Q1 25 | $481.8M | $678.0M | ||
| Q4 24 | $465.2M | $531.0M | ||
| Q3 24 | $440.0M | $290.7M | ||
| Q2 24 | $423.3M | $343.1M | ||
| Q1 24 | $431.5M | $588.2M |
净利润DAYMDU
| Q4 25 | — | $76.3M | ||
| Q3 25 | $-196.8M | $18.3M | ||
| Q2 25 | $21.3M | $13.8M | ||
| Q1 25 | $14.9M | $82.0M | ||
| Q4 24 | $10.8M | $55.2M | ||
| Q3 24 | $2.0M | $64.6M | ||
| Q2 24 | $-1.8M | $60.4M | ||
| Q1 24 | $7.1M | $100.9M |
毛利率DAYMDU
| 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DAYMDU
| Q4 25 | — | 20.5% | ||
| Q3 25 | 6.3% | 12.7% | ||
| Q2 25 | 9.1% | 8.7% | ||
| Q1 25 | 6.4% | 16.6% | ||
| Q4 24 | 6.1% | 17.8% | ||
| Q3 24 | 4.7% | 12.0% | ||
| Q2 24 | 3.3% | 11.5% | ||
| Q1 24 | 9.4% | 16.4% |
净利率DAYMDU
| Q4 25 | — | 14.6% | ||
| Q3 25 | -40.9% | 5.8% | ||
| Q2 25 | 4.6% | 4.0% | ||
| Q1 25 | 3.1% | 12.1% | ||
| Q4 24 | 2.3% | 10.4% | ||
| Q3 24 | 0.5% | 22.2% | ||
| Q2 24 | -0.4% | 17.6% | ||
| Q1 24 | 1.6% | 17.2% |
每股收益（稀释后）DAYMDU
| Q4 25 | — | $0.37 | ||
| Q3 25 | $-1.23 | $0.09 | ||
| Q2 25 | $0.13 | $0.07 | ||
| Q1 25 | $0.09 | $0.40 | ||
| Q4 24 | $0.07 | $0.26 | ||
| Q3 24 | $0.01 | $0.32 | ||
| Q2 24 | $-0.01 | $0.30 | ||
| Q1 24 | $0.04 | $0.49 |
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 | $28.2M |
| 总债务越低越好 | $631.1M | $2.7B |
| 股东权益账面价值 | $2.7B | $2.8B |
| 总资产 | $8.7B | $7.6B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.97× |
8季度趋势，按日历期对齐
现金及短期投资DAYMDU
| Q4 25 | — | $28.2M | ||
| Q3 25 | $627.6M | $75.9M | ||
| Q2 25 | $625.2M | $58.8M | ||
| Q1 25 | $557.3M | $59.5M | ||
| Q4 24 | $579.7M | $66.9M | ||
| Q3 24 | $494.1M | $88.3M | ||
| Q2 24 | $465.4M | $78.8M | ||
| Q1 24 | $392.5M | $72.7M |
总债务DAYMDU
| Q4 25 | — | $2.7B | ||
| Q3 25 | $631.1M | $2.4B | ||
| Q2 25 | $631.8M | $2.2B | ||
| Q1 25 | $632.4M | $2.2B | ||
| Q4 24 | $1.2B | $2.3B | ||
| Q3 24 | $1.2B | $2.3B | ||
| Q2 24 | $1.2B | $2.3B | ||
| Q1 24 | $1.2B | $2.3B |
股东权益DAYMDU
| Q4 25 | — | $2.8B | ||
| Q3 25 | $2.7B | $2.7B | ||
| Q2 25 | $2.7B | $2.7B | ||
| Q1 25 | $2.6B | $2.7B | ||
| Q4 24 | $2.5B | $2.7B | ||
| Q3 24 | $2.6B | $3.1B | ||
| Q2 24 | $2.5B | $3.0B | ||
| Q1 24 | $2.4B | $3.0B |
总资产DAYMDU
| Q4 25 | — | $7.6B | ||
| Q3 25 | $8.7B | $7.2B | ||
| Q2 25 | $8.5B | $6.9B | ||
| Q1 25 | $9.5B | $7.0B | ||
| Q4 24 | $9.1B | $7.0B | ||
| Q3 24 | $8.1B | $8.2B | ||
| Q2 24 | $9.0B | $8.0B | ||
| Q1 24 | $10.8B | $7.8B |
负债/权益比DAYMDU
| Q4 25 | — | 0.97× | ||
| Q3 25 | 0.23× | 0.86× | ||
| Q2 25 | 0.23× | 0.80× | ||
| Q1 25 | 0.24× | 0.80× | ||
| Q4 24 | 0.47× | 0.85× | ||
| Q3 24 | 0.47× | 0.76× | ||
| Q2 24 | 0.49× | 0.75× | ||
| Q1 24 | 0.50× | 0.76× |
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 | $80.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-336.0M |
| 自由现金流率自由现金流/营收 | — | -64.3% |
| 资本支出强度资本支出/营收 | — | 79.7% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | — | $-297.0M |
8季度趋势，按日历期对齐
经营现金流DAYMDU
| Q4 25 | — | $80.6M | ||
| Q3 25 | $31.2M | $57.9M | ||
| Q2 25 | $112.7M | $117.4M | ||
| Q1 25 | $49.6M | $217.5M | ||
| Q4 24 | $81.0M | $60.5M | ||
| Q3 24 | $91.8M | $140.2M | ||
| Q2 24 | $99.2M | $136.5M | ||
| Q1 24 | $9.1M | $165.1M |
自由现金流DAYMDU
| Q4 25 | — | $-336.0M | ||
| Q3 25 | — | $-121.9M | ||
| Q2 25 | — | $36.5M | ||
| Q1 25 | — | $124.4M | ||
| Q4 24 | — | $-95.8M | ||
| Q3 24 | — | $673.0K | ||
| Q2 24 | — | $26.5M | ||
| Q1 24 | — | $48.1M |
自由现金流率DAYMDU
| Q4 25 | — | -64.3% | ||
| Q3 25 | — | -38.9% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | 18.4% | ||
| Q4 24 | — | -18.0% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 8.2% |
资本支出强度DAYMDU
| Q4 25 | — | 79.7% | ||
| Q3 25 | — | 57.3% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | — | 29.4% | ||
| Q3 24 | — | 48.0% | ||
| Q2 24 | — | 32.0% | ||
| Q1 24 | — | 19.9% |
现金转化率DAYMDU
| Q4 25 | — | 1.06× | ||
| Q3 25 | — | 3.16× | ||
| Q2 25 | 5.29× | 8.52× | ||
| Q1 25 | 3.33× | 2.65× | ||
| Q4 24 | 7.50× | 1.10× | ||
| Q3 24 | 45.90× | 2.17× | ||
| Q2 24 | — | 2.26× | ||
| Q1 24 | 1.28× | 1.64× |
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% |
MDU
| Natural Gas Distribution | $382.8M | 73% |
| Commercial Utility Sales | $42.7M | 8% |
| Residential Utility Sales | $33.7M | 6% |
| Pipelineand Midstream | $31.1M | 6% |
| Natural Gas Transportation | $17.2M | 3% |
| Industrial Utility Sales | $10.1M | 2% |
| Natural Gas Storage | $6.4M | 1% |
| Other Utility Sales | $1.9M | 0% |
