vs
Dayforce（DAY）与印度钢铁管理局（SAIL）财务数据对比。点击上方公司名可切换其他公司
Dayforce的季度营收约是印度钢铁管理局的1.7倍（$481.6M vs $281.9M），印度钢铁管理局净利率更高（-12.8% vs -40.9%，领先28.1%），Dayforce同比增速更快（9.5% vs 6.7%）
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。
印度钢铁管理局（SAIL）是总部位于新德里的印度公营钢铁制造企业，属印度最高级别的“马哈拉特纳”中央公共部门企业，是印度最大的国有钢铁生产商，年钢铁产量达1829万吨，1973年1月24日成立，现有员工5.1万余名，由印度钢铁部行政管理。
DAY vs SAIL — 直观对比
营收规模更大
DAY
是对方的1.7倍
$281.9M
营收增速更快
DAY
高出2.8%
6.7%
净利率更高
SAIL
高出28.1%
-40.9%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $281.9M |
| 净利润 | $-196.8M | $-36.0M |
| 毛利率 | — | 66.3% |
| 营业利润率 | 6.3% | -14.8% |
| 净利率 | -40.9% | -12.8% |
| 营收同比 | 9.5% | 6.7% |
| 净利润同比 | -9940.0% | -240.9% |
| 每股收益（稀释后） | $-1.23 | $-0.06 |
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DAYSAIL
| Q4 25 | — | $281.9M | ||
| Q3 25 | $481.6M | $264.4M | ||
| Q2 25 | $464.7M | $230.5M | ||
| Q1 25 | $481.8M | $240.1M | ||
| Q4 24 | $465.2M | — | ||
| Q3 24 | $440.0M | $198.6M | ||
| Q2 24 | $423.3M | $187.7M | ||
| Q1 24 | $431.5M | — |
净利润DAYSAIL
| Q4 25 | — | $-36.0M | ||
| Q3 25 | $-196.8M | $-10.6M | ||
| Q2 25 | $21.3M | $-187.3M | ||
| Q1 25 | $14.9M | $-80.1M | ||
| Q4 24 | $10.8M | — | ||
| Q3 24 | $2.0M | $-87.1M | ||
| Q2 24 | $-1.8M | $-89.2M | ||
| Q1 24 | $7.1M | — |
毛利率DAYSAIL
| Q4 25 | — | 66.3% | ||
| Q3 25 | — | 67.3% | ||
| Q2 25 | — | 55.4% | ||
| Q1 25 | — | 66.5% | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | 62.1% | ||
| Q2 24 | 44.1% | 61.5% | ||
| Q1 24 | 47.6% | — |
营业利润率DAYSAIL
| Q4 25 | — | -14.8% | ||
| Q3 25 | 6.3% | -15.4% | ||
| Q2 25 | 9.1% | -80.3% | ||
| Q1 25 | 6.4% | -12.6% | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 4.7% | -33.2% | ||
| Q2 24 | 3.3% | -36.3% | ||
| Q1 24 | 9.4% | — |
净利率DAYSAIL
| Q4 25 | — | -12.8% | ||
| Q3 25 | -40.9% | -4.0% | ||
| Q2 25 | 4.6% | -81.3% | ||
| Q1 25 | 3.1% | -33.4% | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.5% | -43.9% | ||
| Q2 24 | -0.4% | -47.5% | ||
| Q1 24 | 1.6% | — |
每股收益（稀释后）DAYSAIL
| Q4 25 | — | $-0.06 | ||
| Q3 25 | $-1.23 | $-0.02 | ||
| Q2 25 | $0.13 | $-0.42 | ||
| Q1 25 | $0.09 | $-6.50 | ||
| Q4 24 | $0.07 | — | ||
| Q3 24 | $0.01 | $-2.97 | ||
| Q2 24 | $-0.01 | $-0.77 | ||
| 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 | $298.1M |
| 总债务越低越好 | $631.1M | $0 |
| 股东权益账面价值 | $2.7B | $6.8B |
| 总资产 | $8.7B | $7.5B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资DAYSAIL
| Q4 25 | — | $298.1M | ||
| Q3 25 | $627.6M | $271.1M | ||
| Q2 25 | $625.2M | $228.1M | ||
| Q1 25 | $557.3M | $121.3M | ||
| Q4 24 | $579.7M | — | ||
| Q3 24 | $494.1M | $89.7M | ||
| Q2 24 | $465.4M | $146.8M | ||
| Q1 24 | $392.5M | — |
总债务DAYSAIL
| Q4 25 | — | $0 | ||
| Q3 25 | $631.1M | $0 | ||
| Q2 25 | $631.8M | $0 | ||
| Q1 25 | $632.4M | $1.0B | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
股东权益DAYSAIL
| Q4 25 | — | $6.8B | ||
| Q3 25 | $2.7B | $6.8B | ||
| Q2 25 | $2.7B | $6.8B | ||
| Q1 25 | $2.6B | $-5.6B | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.6B | $-701.3M | ||
| Q2 24 | $2.5B | $-622.5M | ||
| Q1 24 | $2.4B | — |
总资产DAYSAIL
| Q4 25 | — | $7.5B | ||
| Q3 25 | $8.7B | $7.4B | ||
| Q2 25 | $8.5B | $7.4B | ||
| Q1 25 | $9.5B | $7.4B | ||
| Q4 24 | $9.1B | — | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $9.0B | — | ||
| Q1 24 | $10.8B | — |
负债/权益比DAYSAIL
| Q4 25 | — | 0.00× | ||
| Q3 25 | 0.23× | 0.00× | ||
| Q2 25 | 0.23× | 0.00× | ||
| 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 | $53.6M |
| 自由现金流经营现金流 - 资本支出 | — | $52.5M |
| 自由现金流率自由现金流/营收 | — | 18.6% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 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DAYSAIL
| Q4 25 | — | $53.6M | ||
| Q3 25 | $31.2M | $49.9M | ||
| Q2 25 | $112.7M | $-96.8M | ||
| Q1 25 | $49.6M | — | ||
| Q4 24 | $81.0M | — | ||
| Q3 24 | $91.8M | — | ||
| Q2 24 | $99.2M | $-55.4M | ||
| Q1 24 | $9.1M | — |
自由现金流DAYSAIL
| Q4 25 | — | $52.5M | ||
| Q3 25 | — | $49.0M | ||
| Q2 25 | — | $-99.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-56.0M | ||
| Q1 24 | — | — |
自由现金流率DAYSAIL
| Q4 25 | — | 18.6% | ||
| Q3 25 | — | 18.5% | ||
| Q2 25 | — | -43.0% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -29.8% | ||
| Q1 24 | — | — |
资本支出强度DAYSAIL
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | — |
现金转化率DAYSAIL
| 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% |
SAIL
| Software As A Service Saa S | $156.0M | 55% |
| Term Subscriptions Services | $65.1M | 23% |
| Maintenance | $38.0M | 13% |
| Other | $15.7M | 6% |
| Other Subscription Services | $7.1M | 3% |
