vs
Dayforce（DAY）与STEPAN CO（SCL）财务数据对比。点击上方公司名可切换其他公司
STEPAN CO的季度营收约是Dayforce的1.3倍（$604.5M vs $481.6M），STEPAN CO净利率更高（3.3% vs -40.9%，领先44.1%），Dayforce同比增速更快（9.5% vs 1.9%），过去两年Dayforce的营收复合增速更高（9.8% vs 4.2%）
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。
斯特潘公司是一家美国特种化学品制造商，总部位于伊利诺伊州诺斯布鲁克，1932年由小阿尔弗雷德·C·斯特潘创立，现有约2000名员工，目前由创始人的孙子小F·奎因·斯特潘执掌。该公司是全球最大的阴离子表面活性剂商品生产商，产品用于提升洗涤剂、洗发水、牙膏及化妆品的起泡与清洁能力。
DAY vs SCL — 直观对比
营收规模更大
SCL
是对方的1.3倍
$481.6M
营收增速更快
DAY
高出7.6%
1.9%
净利率更高
SCL
高出44.1%
-40.9%
两年增速更快
DAY
近两年复合增速
4.2%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $604.5M |
| 净利润 | $-196.8M | $19.7M |
| 毛利率 | — | 10.7% |
| 营业利润率 | 6.3% | 4.7% |
| 净利率 | -40.9% | 3.3% |
| 营收同比 | 9.5% | 1.9% |
| 净利润同比 | -9940.0% | — |
| 每股收益（稀释后） | $-1.23 | $0.86 |
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DAYSCL
| Q1 26 | — | $604.5M | ||
| Q4 25 | — | $553.9M | ||
| Q3 25 | $481.6M | $590.3M | ||
| Q2 25 | $464.7M | $594.7M | ||
| Q1 25 | $481.8M | $593.3M | ||
| Q4 24 | $465.2M | $525.6M | ||
| Q3 24 | $440.0M | $546.8M | ||
| Q2 24 | $423.3M | $556.4M |
净利润DAYSCL
| Q1 26 | — | $19.7M | ||
| Q4 25 | — | $5.0M | ||
| Q3 25 | $-196.8M | $10.8M | ||
| Q2 25 | $21.3M | $11.3M | ||
| Q1 25 | $14.9M | $19.7M | ||
| Q4 24 | $10.8M | $3.4M | ||
| Q3 24 | $2.0M | $23.6M | ||
| Q2 24 | $-1.8M | $9.5M |
毛利率DAYSCL
| Q1 26 | — | 10.7% | ||
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 12.0% | ||
| Q2 25 | — | 12.1% | ||
| Q1 25 | — | 12.7% | ||
| Q4 24 | 47.0% | 10.8% | ||
| Q3 24 | 45.8% | 13.8% | ||
| Q2 24 | 44.1% | 12.5% |
营业利润率DAYSCL
| Q1 26 | — | 4.7% | ||
| Q4 25 | — | 1.9% | ||
| Q3 25 | 6.3% | 3.7% | ||
| Q2 25 | 9.1% | 3.0% | ||
| Q1 25 | 6.4% | 4.8% | ||
| Q4 24 | 6.1% | 1.5% | ||
| Q3 24 | 4.7% | 4.4% | ||
| Q2 24 | 3.3% | 3.4% |
净利率DAYSCL
| Q1 26 | — | 3.3% | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | -40.9% | 1.8% | ||
| Q2 25 | 4.6% | 1.9% | ||
| Q1 25 | 3.1% | 3.3% | ||
| Q4 24 | 2.3% | 0.6% | ||
| Q3 24 | 0.5% | 4.3% | ||
| Q2 24 | -0.4% | 1.7% |
每股收益（稀释后）DAYSCL
| Q1 26 | — | $0.86 | ||
| Q4 25 | — | $0.22 | ||
| Q3 25 | $-1.23 | $0.47 | ||
| Q2 25 | $0.13 | $0.50 | ||
| Q1 25 | $0.09 | $0.86 | ||
| Q4 24 | $0.07 | $0.14 | ||
| Q3 24 | $0.01 | $1.03 | ||
| Q2 24 | $-0.01 | $0.42 |
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 | — |
| 总债务越低越好 | $631.1M | $328.4M |
| 股东权益账面价值 | $2.7B | $1.2B |
| 总资产 | $8.7B | $2.3B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资DAYSCL
| Q1 26 | — | — | ||
| Q4 25 | — | $132.7M | ||
| Q3 25 | $627.6M | $118.5M | ||
| Q2 25 | $625.2M | $88.9M | ||
| Q1 25 | $557.3M | $107.5M | ||
| Q4 24 | $579.7M | $99.7M | ||
| Q3 24 | $494.1M | $147.3M | ||
| Q2 24 | $465.4M | $124.7M |
总债务DAYSCL
| Q1 26 | — | $328.4M | ||
| Q4 25 | — | $626.7M | ||
| Q3 25 | $631.1M | $655.5M | ||
| Q2 25 | $631.8M | $658.0M | ||
| Q1 25 | $632.4M | $659.3M | ||
| Q4 24 | $1.2B | $625.4M | ||
| Q3 24 | $1.2B | $688.5M | ||
| Q2 24 | $1.2B | $657.1M |
股东权益DAYSCL
| Q1 26 | — | $1.2B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $2.7B | $1.2B | ||
| Q2 25 | $2.7B | $1.2B | ||
| Q1 25 | $2.6B | $1.2B | ||
| Q4 24 | $2.5B | $1.2B | ||
| Q3 24 | $2.6B | $1.2B | ||
| Q2 24 | $2.5B | $1.2B |
总资产DAYSCL
| Q1 26 | — | $2.3B | ||
| Q4 25 | — | $2.4B | ||
| Q3 25 | $8.7B | $2.4B | ||
| Q2 25 | $8.5B | $2.4B | ||
| Q1 25 | $9.5B | $2.4B | ||
| Q4 24 | $9.1B | $2.3B | ||
| Q3 24 | $8.1B | $2.4B | ||
| Q2 24 | $9.0B | $2.3B |
负债/权益比DAYSCL
| Q1 26 | — | 0.28× | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | 0.23× | 0.53× | ||
| Q2 25 | 0.23× | 0.53× | ||
| Q1 25 | 0.24× | 0.55× | ||
| Q4 24 | 0.47× | 0.53× | ||
| Q3 24 | 0.47× | 0.56× | ||
| Q2 24 | 0.49× | 0.55× |
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 | — |
| 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DAYSCL
| Q1 26 | — | — | ||
| Q4 25 | — | $60.0M | ||
| Q3 25 | $31.2M | $69.8M | ||
| Q2 25 | $112.7M | $11.2M | ||
| Q1 25 | $49.6M | $6.9M | ||
| Q4 24 | $81.0M | $68.3M | ||
| Q3 24 | $91.8M | $22.7M | ||
| Q2 24 | $99.2M | $29.5M |
自由现金流DAYSCL
| Q1 26 | — | — | ||
| Q4 25 | — | $25.4M | ||
| Q3 25 | — | $40.2M | ||
| Q2 25 | — | $-14.4M | ||
| Q1 25 | — | $-25.8M | ||
| Q4 24 | — | $32.1M | ||
| Q3 24 | — | $-4.0M | ||
| Q2 24 | — | $-208.0K |
自由现金流率DAYSCL
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | -2.4% | ||
| Q1 25 | — | -4.3% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | -0.7% | ||
| Q2 24 | — | -0.0% |
资本支出强度DAYSCL
| Q1 26 | — | — | ||
| Q4 25 | — | 6.3% | ||
| Q3 25 | — | 5.0% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 5.5% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | 5.3% |
现金转化率DAYSCL
| Q1 26 | — | — | ||
| Q4 25 | — | 11.99× | ||
| Q3 25 | — | 6.44× | ||
| Q2 25 | 5.29× | 0.99× | ||
| Q1 25 | 3.33× | 0.35× | ||
| Q4 24 | 7.50× | 20.38× | ||
| Q3 24 | 45.90× | 0.96× | ||
| Q2 24 | — | 3.10× |
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% |
SCL
| Surfactants | $453.7M | 75% |
| Polymers | $130.0M | 22% |
| Specialty Products | $20.8M | 3% |
