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Dayforce（DAY）与P3 Health Partners Inc.（PIII）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P3 Health Partners Inc.的1.3倍（$481.6M vs $384.8M），P3 Health Partners Inc.净利率更高（-19.6% vs -40.9%，领先21.2%），Dayforce同比增速更快（9.5% vs 3.8%），过去两年Dayforce的营收复合增速更高（9.8% vs -0.5%）
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。
P3 Health Partners Inc.是一家总部位于美国的人口健康管理与价值型医疗服务企业，与基层医疗机构及医疗系统合作，为包括联邦医保优势计划参保者在内的人群提供协同优质医疗服务，致力于提升诊疗效果、降低不必要的医疗开支。
DAY vs PIII — 直观对比
营收规模更大
DAY
是对方的1.3倍
$384.8M
营收增速更快
DAY
高出5.6%
3.8%
净利率更高
PIII
高出21.2%
-40.9%
两年增速更快
DAY
近两年复合增速
-0.5%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $384.8M |
| 净利润 | $-196.8M | $-75.5M |
| 毛利率 | — | — |
| 营业利润率 | 6.3% | -40.0% |
| 净利率 | -40.9% | -19.6% |
| 营收同比 | 9.5% | 3.8% |
| 净利润同比 | -9940.0% | -28.8% |
| 每股收益（稀释后） | $-1.23 | $-23.08 |
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DAYPIII
| Q4 25 | — | $384.8M | ||
| Q3 25 | $481.6M | $345.3M | ||
| Q2 25 | $464.7M | $355.8M | ||
| Q1 25 | $481.8M | $373.2M | ||
| Q4 24 | $465.2M | $370.7M | ||
| Q3 24 | $440.0M | $362.1M | ||
| Q2 24 | $423.3M | $379.2M | ||
| Q1 24 | $431.5M | $388.5M |
净利润DAYPIII
| Q4 25 | — | $-75.5M | ||
| Q3 25 | $-196.8M | $-31.6M | ||
| Q2 25 | $21.3M | $-20.4M | ||
| Q1 25 | $14.9M | $-20.5M | ||
| Q4 24 | $10.8M | $-58.6M | ||
| Q3 24 | $2.0M | $-46.5M | ||
| Q2 24 | $-1.8M | $-12.0M | ||
| Q1 24 | $7.1M | $-18.7M |
毛利率DAYPIII
| 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DAYPIII
| Q4 25 | — | -40.0% | ||
| Q3 25 | 6.3% | -12.8% | ||
| Q2 25 | 9.1% | -9.6% | ||
| Q1 25 | 6.4% | -10.2% | ||
| Q4 24 | 6.1% | -37.4% | ||
| Q3 24 | 4.7% | -29.5% | ||
| Q2 24 | 3.3% | -8.3% | ||
| Q1 24 | 9.4% | -11.3% |
净利率DAYPIII
| Q4 25 | — | -19.6% | ||
| Q3 25 | -40.9% | -9.1% | ||
| Q2 25 | 4.6% | -5.7% | ||
| Q1 25 | 3.1% | -5.5% | ||
| Q4 24 | 2.3% | -15.8% | ||
| Q3 24 | 0.5% | -12.8% | ||
| Q2 24 | -0.4% | -3.2% | ||
| Q1 24 | 1.6% | -4.8% |
每股收益（稀释后）DAYPIII
| Q4 25 | — | $-23.08 | ||
| Q3 25 | $-1.23 | $-9.67 | ||
| Q2 25 | $0.13 | $-6.23 | ||
| Q1 25 | $0.09 | $-6.28 | ||
| Q4 24 | $0.07 | $-23.13 | ||
| Q3 24 | $0.01 | $-15.70 | ||
| Q2 24 | $-0.01 | $-7.37 | ||
| Q1 24 | $0.04 | $-7.86 |
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 | $25.0M |
| 总债务越低越好 | $631.1M | $228.4M |
| 股东权益账面价值 | $2.7B | $-155.2M |
| 总资产 | $8.7B | $656.6M |
| 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DAYPIII
| Q4 25 | — | $25.0M | ||
| Q3 25 | $627.6M | $37.7M | ||
| Q2 25 | $625.2M | $38.6M | ||
| Q1 25 | $557.3M | $40.1M | ||
| Q4 24 | $579.7M | $38.8M | ||
| Q3 24 | $494.1M | $63.0M | ||
| Q2 24 | $465.4M | $73.1M | ||
| Q1 24 | $392.5M | $27.3M |
总债务DAYPIII
| Q4 25 | — | $228.4M | ||
| Q3 25 | $631.1M | $252.8M | ||
| Q2 25 | $631.8M | $182.0M | ||
| Q1 25 | $632.4M | $171.1M | ||
| Q4 24 | $1.2B | $108.9M | ||
| Q3 24 | $1.2B | $133.2M | ||
| Q2 24 | $1.2B | $133.1M | ||
| Q1 24 | $1.2B | $118.1M |
股东权益DAYPIII
| Q4 25 | — | $-155.2M | ||
| Q3 25 | $2.7B | $-18.7M | ||
| Q2 25 | $2.7B | $44.5M | ||
| Q1 25 | $2.6B | $63.3M | ||
| Q4 24 | $2.5B | $75.9M | ||
| Q3 24 | $2.6B | $120.5M | ||
| Q2 24 | $2.5B | $166.8M | ||
| Q1 24 | $2.4B | $146.6M |
总资产DAYPIII
| Q4 25 | — | $656.6M | ||
| Q3 25 | $8.7B | $683.6M | ||
| Q2 25 | $8.5B | $731.6M | ||
| Q1 25 | $9.5B | $783.9M | ||
| Q4 24 | $9.1B | $783.4M | ||
| Q3 24 | $8.1B | $833.3M | ||
| Q2 24 | $9.0B | $892.8M | ||
| Q1 24 | $10.8B | $855.9M |
负债/权益比DAYPIII
| Q4 25 | — | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | 4.09× | ||
| Q1 25 | 0.24× | 2.71× | ||
| Q4 24 | 0.47× | 1.43× | ||
| Q3 24 | 0.47× | 1.11× | ||
| Q2 24 | 0.49× | 0.80× | ||
| Q1 24 | 0.50× | 0.81× |
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 | $-25.7M |
| 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DAYPIII
| Q4 25 | — | $-25.7M | ||
| Q3 25 | $31.2M | $-15.4M | ||
| Q2 25 | $112.7M | $-16.6M | ||
| Q1 25 | $49.6M | $-33.5M | ||
| Q4 24 | $81.0M | $-57.2M | ||
| Q3 24 | $91.8M | $-22.6M | ||
| Q2 24 | $99.2M | $-10.2M | ||
| Q1 24 | $9.1M | $-20.0M |
资本支出强度DAYPIII
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
现金转化率DAYPIII
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | 3.33× | — | ||
| Q4 24 | 7.50× | — | ||
| Q3 24 | 45.90× | — | ||
| Q2 24 | — | — | ||
| 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% |
PIII
| Capitated Revenue | $366.2M | 95% |
| Health Care Patient Service | $18.6M | 5% |
| Health Care Care Coordination Management Fees | $2.7M | 1% |
