vs
Dayforce（DAY）与RAYONIER ADVANCED MATERIALS INC.（RYAM）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RAYONIER ADVANCED MATERIALS INC.的1.2倍（$481.6M vs $417.5M），RAYONIER ADVANCED MATERIALS INC.净利率更高（-5.0% vs -40.9%，领先35.8%），Dayforce同比增速更快（9.5% vs -1.2%），过去两年Dayforce的营收复合增速更高（9.8% vs 3.8%）
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。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
DAY vs RYAM — 直观对比
营收规模更大
DAY
是对方的1.2倍
$417.5M
营收增速更快
DAY
高出10.6%
-1.2%
净利率更高
RYAM
高出35.8%
-40.9%
两年增速更快
DAY
近两年复合增速
3.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $417.5M |
| 净利润 | $-196.8M | $-21.1M |
| 毛利率 | — | 8.9% |
| 营业利润率 | 6.3% | 2.6% |
| 净利率 | -40.9% | -5.0% |
| 营收同比 | 9.5% | -1.2% |
| 净利润同比 | -9940.0% | -31.9% |
| 每股收益（稀释后） | $-1.23 | $-0.33 |
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DAYRYAM
| Q4 25 | — | $417.5M | ||
| Q3 25 | $481.6M | $352.8M | ||
| Q2 25 | $464.7M | $340.0M | ||
| Q1 25 | $481.8M | $356.0M | ||
| Q4 24 | $465.2M | $422.5M | ||
| Q3 24 | $440.0M | $401.1M | ||
| Q2 24 | $423.3M | $419.0M | ||
| Q1 24 | $431.5M | $387.7M |
净利润DAYRYAM
| Q4 25 | — | $-21.1M | ||
| Q3 25 | $-196.8M | $-4.5M | ||
| Q2 25 | $21.3M | $-363.2M | ||
| Q1 25 | $14.9M | $-32.0M | ||
| Q4 24 | $10.8M | $-16.0M | ||
| Q3 24 | $2.0M | $-32.6M | ||
| Q2 24 | $-1.8M | $11.4M | ||
| Q1 24 | $7.1M | $-1.6M |
毛利率DAYRYAM
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | 47.0% | 8.7% | ||
| Q3 24 | 45.8% | 10.9% | ||
| Q2 24 | 44.1% | 11.5% | ||
| Q1 24 | 47.6% | 9.5% |
营业利润率DAYRYAM
| Q4 25 | — | 2.6% | ||
| Q3 25 | 6.3% | 2.8% | ||
| Q2 25 | 9.1% | -0.4% | ||
| Q1 25 | 6.4% | -4.2% | ||
| Q4 24 | 6.1% | 2.6% | ||
| Q3 24 | 4.7% | -4.2% | ||
| Q2 24 | 3.3% | 6.7% | ||
| Q1 24 | 9.4% | 4.4% |
净利率DAYRYAM
| Q4 25 | — | -5.0% | ||
| Q3 25 | -40.9% | -1.3% | ||
| Q2 25 | 4.6% | -106.8% | ||
| Q1 25 | 3.1% | -9.0% | ||
| Q4 24 | 2.3% | -3.8% | ||
| Q3 24 | 0.5% | -8.1% | ||
| Q2 24 | -0.4% | 2.7% | ||
| Q1 24 | 1.6% | -0.4% |
每股收益（稀释后）DAYRYAM
| Q4 25 | — | $-0.33 | ||
| Q3 25 | $-1.23 | $-0.07 | ||
| Q2 25 | $0.13 | $-5.44 | ||
| Q1 25 | $0.09 | $-0.49 | ||
| Q4 24 | $0.07 | $-0.25 | ||
| Q3 24 | $0.01 | $-0.49 | ||
| Q2 24 | $-0.01 | $0.17 | ||
| Q1 24 | $0.04 | $-0.02 |
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 | $75.4M |
| 总债务越低越好 | $631.1M | $758.1M |
| 股东权益账面价值 | $2.7B | $316.6M |
| 总资产 | $8.7B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.23× | 2.39× |
8季度趋势，按日历期对齐
现金及短期投资DAYRYAM
| Q4 25 | — | $75.4M | ||
| Q3 25 | $627.6M | $77.0M | ||
| Q2 25 | $625.2M | $70.7M | ||
| Q1 25 | $557.3M | $129.9M | ||
| Q4 24 | $579.7M | $125.2M | ||
| Q3 24 | $494.1M | $136.1M | ||
| Q2 24 | $465.4M | $114.1M | ||
| Q1 24 | $392.5M | $54.6M |
总债务DAYRYAM
| Q4 25 | — | $758.1M | ||
| Q3 25 | $631.1M | $763.5M | ||
| Q2 25 | $631.8M | $720.4M | ||
| Q1 25 | $632.4M | $707.0M | ||
| Q4 24 | $1.2B | $706.4M | ||
| Q3 24 | $1.2B | $747.7M | ||
| Q2 24 | $1.2B | $752.8M | ||
| Q1 24 | $1.2B | $755.6M |
股东权益DAYRYAM
| Q4 25 | — | $316.6M | ||
| Q3 25 | $2.7B | $338.2M | ||
| Q2 25 | $2.7B | $342.3M | ||
| Q1 25 | $2.6B | $688.1M | ||
| Q4 24 | $2.5B | $713.9M | ||
| Q3 24 | $2.6B | $732.7M | ||
| Q2 24 | $2.5B | $755.1M | ||
| Q1 24 | $2.4B | $741.8M |
总资产DAYRYAM
| Q4 25 | — | $1.8B | ||
| Q3 25 | $8.7B | $1.8B | ||
| Q2 25 | $8.5B | $1.8B | ||
| Q1 25 | $9.5B | $2.1B | ||
| Q4 24 | $9.1B | $2.1B | ||
| Q3 24 | $8.1B | $2.2B | ||
| Q2 24 | $9.0B | $2.2B | ||
| Q1 24 | $10.8B | $2.1B |
负债/权益比DAYRYAM
| Q4 25 | — | 2.39× | ||
| Q3 25 | 0.23× | 2.26× | ||
| Q2 25 | 0.23× | 2.10× | ||
| Q1 25 | 0.24× | 1.03× | ||
| Q4 24 | 0.47× | 0.99× | ||
| Q3 24 | 0.47× | 1.02× | ||
| Q2 24 | 0.49× | 1.00× | ||
| Q1 24 | 0.50× | 1.02× |
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 | $32.3M |
| 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DAYRYAM
| Q4 25 | — | $32.3M | ||
| Q3 25 | $31.2M | $-17.8M | ||
| Q2 25 | $112.7M | $-30.2M | ||
| Q1 25 | $49.6M | $39.6M | ||
| Q4 24 | $81.0M | $54.9M | ||
| Q3 24 | $91.8M | $49.8M | ||
| Q2 24 | $99.2M | $87.6M | ||
| Q1 24 | $9.1M | $11.3M |
现金转化率DAYRYAM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | 3.33× | — | ||
| Q4 24 | 7.50× | — | ||
| Q3 24 | 45.90× | — | ||
| Q2 24 | — | 7.69× | ||
| 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% |
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
