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Dayforce（DAY）与NGL Energy Partners LP（NGL）财务数据对比。点击上方公司名可切换其他公司
NGL Energy Partners LP的季度营收约是Dayforce的1.9倍（$909.8M vs $481.6M），NGL Energy Partners LP净利率更高（5.2% vs -40.9%，领先46.0%），Dayforce同比增速更快（9.5% vs -41.3%），过去两年Dayforce的营收复合增速更高（9.8% vs -6.4%）
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。
NGL Energy Partners LP是一家总部位于美国的中游能源服务企业，主营原油、液化天然气、可再生燃料的运输、存储及物流服务，同时为上游能源生产商提供水资源管理解决方案，业务主要覆盖北美市场。
DAY vs NGL — 直观对比
营收规模更大
NGL
是对方的1.9倍
$481.6M
营收增速更快
DAY
高出50.7%
-41.3%
净利率更高
NGL
高出46.0%
-40.9%
两年增速更快
DAY
近两年复合增速
-6.4%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $909.8M |
| 净利润 | $-196.8M | $47.2M |
| 毛利率 | — | 29.0% |
| 营业利润率 | 6.3% | 12.1% |
| 净利率 | -40.9% | 5.2% |
| 营收同比 | 9.5% | -41.3% |
| 净利润同比 | -9940.0% | 249.3% |
| 每股收益（稀释后） | $-1.23 | — |
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DAYNGL
| Q4 25 | — | $909.8M | ||
| Q3 25 | $481.6M | $674.7M | ||
| Q2 25 | $464.7M | $622.2M | ||
| Q1 25 | $481.8M | $971.1M | ||
| Q4 24 | $465.2M | $982.4M | ||
| Q3 24 | $440.0M | $756.5M | ||
| Q2 24 | $423.3M | $759.2M | ||
| Q1 24 | $431.5M | $1.0B |
净利润DAYNGL
| Q4 25 | — | $47.2M | ||
| Q3 25 | $-196.8M | $29.3M | ||
| Q2 25 | $21.3M | $68.9M | ||
| Q1 25 | $14.9M | $13.7M | ||
| Q4 24 | $10.8M | $13.5M | ||
| Q3 24 | $2.0M | $2.5M | ||
| Q2 24 | $-1.8M | $9.7M | ||
| Q1 24 | $7.1M | $-236.8M |
毛利率DAYNGL
| Q4 25 | — | 29.0% | ||
| Q3 25 | — | 37.6% | ||
| Q2 25 | — | 38.5% | ||
| Q1 25 | — | 26.9% | ||
| Q4 24 | 47.0% | 25.1% | ||
| Q3 24 | 45.8% | 30.9% | ||
| Q2 24 | 44.1% | 29.0% | ||
| Q1 24 | 47.6% | 21.8% |
营业利润率DAYNGL
| Q4 25 | — | 12.1% | ||
| Q3 25 | 6.3% | 14.0% | ||
| Q2 25 | 9.1% | 15.7% | ||
| Q1 25 | 6.4% | 8.4% | ||
| Q4 24 | 6.1% | 8.6% | ||
| Q3 24 | 4.7% | 10.8% | ||
| Q2 24 | 3.3% | 10.8% | ||
| Q1 24 | 9.4% | -9.4% |
净利率DAYNGL
| Q4 25 | — | 5.2% | ||
| Q3 25 | -40.9% | 4.3% | ||
| Q2 25 | 4.6% | 11.1% | ||
| Q1 25 | 3.1% | 1.4% | ||
| Q4 24 | 2.3% | 1.4% | ||
| Q3 24 | 0.5% | 0.3% | ||
| Q2 24 | -0.4% | 1.3% | ||
| Q1 24 | 1.6% | -22.8% |
每股收益（稀释后）DAYNGL
| Q4 25 | — | — | ||
| Q3 25 | $-1.23 | — | ||
| Q2 25 | $0.13 | — | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $0.07 | — | ||
| Q3 24 | $0.01 | — | ||
| Q2 24 | $-0.01 | — | ||
| Q1 24 | $0.04 | — |
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 | $6.5M |
| 总债务越低越好 | $631.1M | $2.9B |
| 股东权益账面价值 | $2.7B | — |
| 总资产 | $8.7B | $4.4B |
| 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DAYNGL
| Q4 25 | — | $6.5M | ||
| Q3 25 | $627.6M | $8.7M | ||
| Q2 25 | $625.2M | $5.4M | ||
| Q1 25 | $557.3M | $13.5M | ||
| Q4 24 | $579.7M | $5.7M | ||
| Q3 24 | $494.1M | $4.5M | ||
| Q2 24 | $465.4M | $5.3M | ||
| Q1 24 | $392.5M | $38.9M |
总债务DAYNGL
| Q4 25 | — | $2.9B | ||
| Q3 25 | $631.1M | $2.9B | ||
| Q2 25 | $631.8M | $2.9B | ||
| Q1 25 | $632.4M | $3.0B | ||
| Q4 24 | $1.2B | $3.1B | ||
| Q3 24 | $1.2B | $3.1B | ||
| Q2 24 | $1.2B | $3.0B | ||
| Q1 24 | $1.2B | $2.9B |
股东权益DAYNGL
| Q4 25 | — | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.4B | — |
总资产DAYNGL
| Q4 25 | — | $4.4B | ||
| Q3 25 | $8.7B | $4.3B | ||
| Q2 25 | $8.5B | $4.2B | ||
| Q1 25 | $9.5B | $4.6B | ||
| Q4 24 | $9.1B | $4.8B | ||
| Q3 24 | $8.1B | $4.9B | ||
| Q2 24 | $9.0B | $4.8B | ||
| Q1 24 | $10.8B | $5.0B |
负债/权益比DAYNGL
| 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 | $182.3M |
| 自由现金流经营现金流 - 资本支出 | — | $45.7M |
| 自由现金流率自由现金流/营收 | — | 5.0% |
| 资本支出强度资本支出/营收 | — | 15.0% |
| 现金转化率经营现金流/净利润 | — | 3.86× |
| 过去12个月自由现金流最近4个季度 | — | $126.7M |
8季度趋势，按日历期对齐
经营现金流DAYNGL
| Q4 25 | — | $182.3M | ||
| Q3 25 | $31.2M | $40.5M | ||
| Q2 25 | $112.7M | $33.2M | ||
| Q1 25 | $49.6M | $155.0M | ||
| Q4 24 | $81.0M | $153.8M | ||
| Q3 24 | $91.8M | $6.7M | ||
| Q2 24 | $99.2M | $-18.1M | ||
| Q1 24 | $9.1M | $152.2M |
自由现金流DAYNGL
| Q4 25 | — | $45.7M | ||
| Q3 25 | — | $9.5M | ||
| Q2 25 | — | $11.1M | ||
| Q1 25 | — | $60.4M | ||
| Q4 24 | — | $152.1M | ||
| Q3 24 | — | $-82.9M | ||
| Q2 24 | — | $-78.0M | ||
| Q1 24 | — | $119.8M |
自由现金流率DAYNGL
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | — | 15.5% | ||
| Q3 24 | — | -11.0% | ||
| Q2 24 | — | -10.3% | ||
| Q1 24 | — | 11.5% |
资本支出强度DAYNGL
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 9.7% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 11.8% | ||
| Q2 24 | — | 7.9% | ||
| Q1 24 | — | 3.1% |
现金转化率DAYNGL
| Q4 25 | — | 3.86× | ||
| Q3 25 | — | 1.38× | ||
| Q2 25 | 5.29× | 0.48× | ||
| Q1 25 | 3.33× | 11.29× | ||
| Q4 24 | 7.50× | 11.39× | ||
| Q3 24 | 45.90× | 2.74× | ||
| Q2 24 | — | -1.87× | ||
| 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% |
NGL
| Water Solutions Segment | $208.6M | 23% |
| Services | $193.3M | 21% |
| Butane | $192.5M | 21% |
| Service Fees | $182.8M | 20% |
| Public Utilities Inventory Propane | $93.9M | 10% |
| Crude Oil | $23.3M | 3% |
| Crude Oil Transportation And Other | $6.5M | 1% |
| Liquids Logistics Segment | $2.5M | 0% |
| Crude Oil Logistics Segment | $1.2M | 0% |
