vs
Dayforce（DAY）与巴诺书店（NE）财务数据对比。点击上方公司名可切换其他公司
巴诺书店的季度营收约是Dayforce的1.6倍（$764.4M vs $481.6M），巴诺书店净利率更高（11.3% vs -40.9%，领先52.2%），Dayforce同比增速更快（9.5% vs -17.6%），过去两年Dayforce的营收复合增速更高（9.8% vs 9.5%）
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。
巴诺书店是美国知名连锁图书零售企业，拥有全美数量最多的实体零售网点，目前在美国境内共运营超过700家线下门店，为消费者提供各类书籍、文创产品及相关文化消费服务。
DAY vs NE — 直观对比
营收规模更大
NE
是对方的1.6倍
$481.6M
营收增速更快
DAY
高出27.0%
-17.6%
净利率更高
NE
高出52.2%
-40.9%
两年增速更快
DAY
近两年复合增速
9.5%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $764.4M |
| 净利润 | $-196.8M | $86.6M |
| 毛利率 | — | — |
| 营业利润率 | 6.3% | 5.6% |
| 净利率 | -40.9% | 11.3% |
| 营收同比 | 9.5% | -17.6% |
| 净利润同比 | -9940.0% | -10.4% |
| 每股收益（稀释后） | $-1.23 | $0.54 |
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DAYNE
| Q4 25 | — | $764.4M | ||
| Q3 25 | $481.6M | $798.0M | ||
| Q2 25 | $464.7M | $848.7M | ||
| Q1 25 | $481.8M | $874.5M | ||
| Q4 24 | $465.2M | $927.3M | ||
| Q3 24 | $440.0M | $800.5M | ||
| Q2 24 | $423.3M | $692.8M | ||
| Q1 24 | $431.5M | $637.1M |
净利润DAYNE
| Q4 25 | — | $86.6M | ||
| Q3 25 | $-196.8M | $-21.1M | ||
| Q2 25 | $21.3M | $42.9M | ||
| Q1 25 | $14.9M | $108.3M | ||
| Q4 24 | $10.8M | $96.6M | ||
| Q3 24 | $2.0M | $61.2M | ||
| Q2 24 | $-1.8M | $195.0M | ||
| Q1 24 | $7.1M | $95.5M |
毛利率DAYNE
| 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DAYNE
| Q4 25 | — | 5.6% | ||
| Q3 25 | 6.3% | 6.3% | ||
| Q2 25 | 9.1% | 15.9% | ||
| Q1 25 | 6.4% | 21.4% | ||
| Q4 24 | 6.1% | 18.4% | ||
| Q3 24 | 4.7% | 14.4% | ||
| Q2 24 | 3.3% | 30.3% | ||
| Q1 24 | 9.4% | 16.9% |
净利率DAYNE
| Q4 25 | — | 11.3% | ||
| Q3 25 | -40.9% | -2.6% | ||
| Q2 25 | 4.6% | 5.1% | ||
| Q1 25 | 3.1% | 12.4% | ||
| Q4 24 | 2.3% | 10.4% | ||
| Q3 24 | 0.5% | 7.6% | ||
| Q2 24 | -0.4% | 28.1% | ||
| Q1 24 | 1.6% | 15.0% |
每股收益（稀释后）DAYNE
| Q4 25 | — | $0.54 | ||
| Q3 25 | $-1.23 | $-0.13 | ||
| Q2 25 | $0.13 | $0.27 | ||
| Q1 25 | $0.09 | $0.67 | ||
| Q4 24 | $0.07 | $0.56 | ||
| Q3 24 | $0.01 | $0.40 | ||
| Q2 24 | $-0.01 | $1.34 | ||
| Q1 24 | $0.04 | $0.66 |
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 | $471.4M |
| 总债务越低越好 | $631.1M | — |
| 股东权益账面价值 | $2.7B | $4.5B |
| 总资产 | $8.7B | $7.5B |
| 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DAYNE
| Q4 25 | — | $471.4M | ||
| Q3 25 | $627.6M | $477.9M | ||
| Q2 25 | $625.2M | $338.2M | ||
| Q1 25 | $557.3M | $303.8M | ||
| Q4 24 | $579.7M | $247.3M | ||
| Q3 24 | $494.1M | $391.9M | ||
| Q2 24 | $465.4M | $162.9M | ||
| Q1 24 | $392.5M | $212.5M |
总债务DAYNE
| 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 | — | ||
| Q1 24 | $1.2B | — |
股东权益DAYNE
| Q4 25 | — | $4.5B | ||
| Q3 25 | $2.7B | $4.5B | ||
| Q2 25 | $2.7B | $4.6B | ||
| Q1 25 | $2.6B | $4.7B | ||
| Q4 24 | $2.5B | $4.7B | ||
| Q3 24 | $2.6B | $4.7B | ||
| Q2 24 | $2.5B | $4.0B | ||
| Q1 24 | $2.4B | $3.9B |
总资产DAYNE
| Q4 25 | — | $7.5B | ||
| Q3 25 | $8.7B | $7.6B | ||
| Q2 25 | $8.5B | $7.7B | ||
| Q1 25 | $9.5B | $7.9B | ||
| Q4 24 | $9.1B | $8.0B | ||
| Q3 24 | $8.1B | $8.0B | ||
| Q2 24 | $9.0B | $5.6B | ||
| Q1 24 | $10.8B | $5.4B |
负债/权益比DAYNE
| 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× | — | ||
| Q1 24 | 0.50× | — |
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 | $187.1M |
| 自由现金流经营现金流 - 资本支出 | — | $35.4M |
| 自由现金流率自由现金流/营收 | — | 4.6% |
| 资本支出强度资本支出/营收 | — | 19.9% |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 过去12个月自由现金流最近4个季度 | — | $432.2M |
8季度趋势，按日历期对齐
经营现金流DAYNE
| Q4 25 | — | $187.1M | ||
| Q3 25 | $31.2M | $277.1M | ||
| Q2 25 | $112.7M | $216.4M | ||
| Q1 25 | $49.6M | $271.1M | ||
| Q4 24 | $81.0M | $136.2M | ||
| Q3 24 | $91.8M | $283.8M | ||
| Q2 24 | $99.2M | $106.8M | ||
| Q1 24 | $9.1M | $128.7M |
自由现金流DAYNE
| Q4 25 | — | $35.4M | ||
| Q3 25 | — | $139.5M | ||
| Q2 25 | — | $99.8M | ||
| Q1 25 | — | $157.5M | ||
| Q4 24 | — | $-4.4M | ||
| Q3 24 | — | $156.8M | ||
| Q2 24 | — | $-34.3M | ||
| Q1 24 | — | $-37.9M |
自由现金流率DAYNE
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 18.0% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | 19.6% | ||
| Q2 24 | — | -4.9% | ||
| Q1 24 | — | -6.0% |
资本支出强度DAYNE
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 13.7% | ||
| Q1 25 | — | 13.0% | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | — | 15.9% | ||
| Q2 24 | — | 20.4% | ||
| Q1 24 | — | 26.2% |
现金转化率DAYNE
| Q4 25 | — | 2.16× | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | 5.05× | ||
| Q1 25 | 3.33× | 2.50× | ||
| Q4 24 | 7.50× | 1.41× | ||
| Q3 24 | 45.90× | 4.64× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | 1.28× | 1.35× |
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% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
