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Dayforce（DAY）与ROYAL GOLD INC（RGLD）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ROYAL GOLD INC的1.3倍（$481.6M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs -40.9%，领先65.8%），ROYAL GOLD INC同比增速更快（85.3% vs 9.5%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% 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。
Royal Gold Inc.是全球领先的贵金属流权与特许权经营企业，收购并管理多元化的矿业项目流权、净熔炼收益特许权及相关权益，资产覆盖黄金、白银、铜等品类，业务遍及多地区，无需直接承担采矿运营风险。
DAY vs RGLD — 直观对比
营收规模更大
DAY
是对方的1.3倍
$375.3M
营收增速更快
RGLD
高出75.8%
9.5%
净利率更高
RGLD
高出65.8%
-40.9%
两年增速更快
RGLD
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $375.3M |
| 净利润 | $-196.8M | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 6.3% | 56.2% |
| 净利率 | -40.9% | 24.9% |
| 营收同比 | 9.5% | 85.3% |
| 净利润同比 | -9940.0% | -12.8% |
| 每股收益（稀释后） | $-1.23 | $1.04 |
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DAYRGLD
| Q4 25 | — | $375.3M | ||
| Q3 25 | $481.6M | $252.1M | ||
| Q2 25 | $464.7M | $209.6M | ||
| Q1 25 | $481.8M | $193.4M | ||
| Q4 24 | $465.2M | $202.6M | ||
| Q3 24 | $440.0M | $193.8M | ||
| Q2 24 | $423.3M | $174.1M | ||
| Q1 24 | $431.5M | $148.9M |
净利润DAYRGLD
| Q4 25 | — | $93.6M | ||
| Q3 25 | $-196.8M | $126.8M | ||
| Q2 25 | $21.3M | $132.3M | ||
| Q1 25 | $14.9M | $113.5M | ||
| Q4 24 | $10.8M | $107.4M | ||
| Q3 24 | $2.0M | $96.2M | ||
| Q2 24 | $-1.8M | $81.2M | ||
| Q1 24 | $7.1M | $47.2M |
毛利率DAYRGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | — | 72.6% | ||
| Q1 25 | — | 69.4% | ||
| Q4 24 | 47.0% | 70.3% | ||
| Q3 24 | 45.8% | 66.6% | ||
| Q2 24 | 44.1% | 64.7% | ||
| Q1 24 | 47.6% | 58.4% |
营业利润率DAYRGLD
| Q4 25 | — | 56.2% | ||
| Q3 25 | 6.3% | 64.4% | ||
| Q2 25 | 9.1% | 67.7% | ||
| Q1 25 | 6.4% | 63.6% | ||
| Q4 24 | 6.1% | 65.9% | ||
| Q3 24 | 4.7% | 61.3% | ||
| Q2 24 | 3.3% | 58.6% | ||
| Q1 24 | 9.4% | 50.7% |
净利率DAYRGLD
| Q4 25 | — | 24.9% | ||
| Q3 25 | -40.9% | 50.3% | ||
| Q2 25 | 4.6% | 63.1% | ||
| Q1 25 | 3.1% | 58.7% | ||
| Q4 24 | 2.3% | 53.0% | ||
| Q3 24 | 0.5% | 49.7% | ||
| Q2 24 | -0.4% | 46.6% | ||
| Q1 24 | 1.6% | 31.7% |
每股收益（稀释后）DAYRGLD
| Q4 25 | — | $1.04 | ||
| Q3 25 | $-1.23 | $1.92 | ||
| Q2 25 | $0.13 | $2.01 | ||
| Q1 25 | $0.09 | $1.72 | ||
| Q4 24 | $0.07 | $1.63 | ||
| Q3 24 | $0.01 | $1.46 | ||
| Q2 24 | $-0.01 | $1.23 | ||
| Q1 24 | $0.04 | $0.72 |
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 | $233.7M |
| 总债务越低越好 | $631.1M | — |
| 股东权益账面价值 | $2.7B | $7.2B |
| 总资产 | $8.7B | $9.5B |
| 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DAYRGLD
| Q4 25 | — | $233.7M | ||
| Q3 25 | $627.6M | $172.8M | ||
| Q2 25 | $625.2M | $248.2M | ||
| Q1 25 | $557.3M | $240.8M | ||
| Q4 24 | $579.7M | $195.5M | ||
| Q3 24 | $494.1M | $127.9M | ||
| Q2 24 | $465.4M | $74.2M | ||
| Q1 24 | $392.5M | $137.9M |
总债务DAYRGLD
| Q4 25 | — | — | ||
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | — | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | $0 | ||
| Q2 24 | $1.2B | $50.0M | ||
| Q1 24 | $1.2B | — |
股东权益DAYRGLD
| Q4 25 | — | $7.2B | ||
| Q3 25 | $2.7B | $3.4B | ||
| Q2 25 | $2.7B | $3.3B | ||
| Q1 25 | $2.6B | $3.2B | ||
| Q4 24 | $2.5B | $3.1B | ||
| Q3 24 | $2.6B | $3.0B | ||
| Q2 24 | $2.5B | $3.0B | ||
| Q1 24 | $2.4B | $2.9B |
总资产DAYRGLD
| Q4 25 | — | $9.5B | ||
| Q3 25 | $8.7B | $4.5B | ||
| Q2 25 | $8.5B | $3.6B | ||
| Q1 25 | $9.5B | $3.5B | ||
| Q4 24 | $9.1B | $3.4B | ||
| Q3 24 | $8.1B | $3.3B | ||
| Q2 24 | $9.0B | $3.3B | ||
| Q1 24 | $10.8B | $3.3B |
负债/权益比DAYRGLD
| Q4 25 | — | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | 0.00× | ||
| Q2 24 | 0.49× | 0.02× | ||
| 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 | $241.7M |
| 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 | — | 2.58× |
| 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DAYRGLD
| Q4 25 | — | $241.7M | ||
| Q3 25 | $31.2M | $174.0M | ||
| Q2 25 | $112.7M | $152.8M | ||
| Q1 25 | $49.6M | $136.4M | ||
| Q4 24 | $81.0M | $141.1M | ||
| Q3 24 | $91.8M | $136.7M | ||
| Q2 24 | $99.2M | $113.5M | ||
| Q1 24 | $9.1M | $138.3M |
现金转化率DAYRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | 5.29× | 1.15× | ||
| Q1 25 | 3.33× | 1.20× | ||
| Q4 24 | 7.50× | 1.31× | ||
| Q3 24 | 45.90× | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | 1.28× | 2.93× |
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% |
RGLD
| Gold | $216.9M | 58% |
| Pueblo Viejo | $47.3M | 13% |
| Andacollo | $32.6M | 9% |
| Silver | $32.1M | 9% |
| Other | $27.2M | 7% |
| Copper | $13.7M | 4% |
| Cortez Legacy Zone | $5.4M | 1% |
