vs
Dayforce（DAY）与SPORTSMAN'S WAREHOUSE HOLDINGS, INC.（SPWH）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SPORTSMAN'S WAREHOUSE HOLDINGS, INC.的1.5倍（$481.6M vs $331.3M），SPORTSMAN'S WAREHOUSE HOLDINGS, INC.净利率更高（0.0% vs -40.9%，领先40.9%），Dayforce同比增速更快（9.5% vs 2.2%），过去两年Dayforce的营收复合增速更高（9.8% vs -5.4%）
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。
运动员仓库控股（Sportsman's Warehouse）是美国户外体育用品零售商，门店遍布全美29个州，主要面向狩猎、射击、露营、垂钓等各类户外休闲运动爱好者，销售户外服饰、鞋履及专业运动装备。
DAY vs SPWH — 直观对比
营收规模更大
DAY
是对方的1.5倍
$331.3M
营收增速更快
DAY
高出7.3%
2.2%
净利率更高
SPWH
高出40.9%
-40.9%
两年增速更快
DAY
近两年复合增速
-5.4%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $331.3M |
| 净利润 | $-196.8M | $8.0K |
| 毛利率 | — | 32.8% |
| 营业利润率 | 6.3% | 1.3% |
| 净利率 | -40.9% | 0.0% |
| 营收同比 | 9.5% | 2.2% |
| 净利润同比 | -9940.0% | -97.8% |
| 每股收益（稀释后） | $-1.23 | $0.00 |
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DAYSPWH
| Q4 25 | — | $331.3M | ||
| Q3 25 | $481.6M | $293.9M | ||
| Q2 25 | $464.7M | $249.1M | ||
| Q1 25 | $481.8M | $340.4M | ||
| Q4 24 | $465.2M | $324.3M | ||
| Q3 24 | $440.0M | $288.7M | ||
| Q2 24 | $423.3M | $244.2M | ||
| Q1 24 | $431.5M | $370.4M |
净利润DAYSPWH
| Q4 25 | — | $8.0K | ||
| Q3 25 | $-196.8M | $-7.1M | ||
| Q2 25 | $21.3M | $-21.3M | ||
| Q1 25 | $14.9M | $-8.7M | ||
| Q4 24 | $10.8M | $-364.0K | ||
| Q3 24 | $2.0M | $-5.9M | ||
| Q2 24 | $-1.8M | $-18.1M | ||
| Q1 24 | $7.1M | $-8.7M |
毛利率DAYSPWH
| Q4 25 | — | 32.8% | ||
| Q3 25 | — | 32.0% | ||
| Q2 25 | — | 30.4% | ||
| Q1 25 | — | 30.4% | ||
| Q4 24 | 47.0% | 31.8% | ||
| Q3 24 | 45.8% | 31.2% | ||
| Q2 24 | 44.1% | 30.2% | ||
| Q1 24 | 47.6% | 26.8% |
营业利润率DAYSPWH
| Q4 25 | — | 1.3% | ||
| Q3 25 | 6.3% | -1.1% | ||
| Q2 25 | 9.1% | -7.9% | ||
| Q1 25 | 6.4% | 1.1% | ||
| Q4 24 | 6.1% | 1.0% | ||
| Q3 24 | 4.7% | -1.5% | ||
| Q2 24 | 3.3% | -8.4% | ||
| Q1 24 | 9.4% | -2.1% |
净利率DAYSPWH
| Q4 25 | — | 0.0% | ||
| Q3 25 | -40.9% | -2.4% | ||
| Q2 25 | 4.6% | -8.5% | ||
| Q1 25 | 3.1% | -2.6% | ||
| Q4 24 | 2.3% | -0.1% | ||
| Q3 24 | 0.5% | -2.0% | ||
| Q2 24 | -0.4% | -7.4% | ||
| Q1 24 | 1.6% | -2.4% |
每股收益（稀释后）DAYSPWH
| Q4 25 | — | $0.00 | ||
| Q3 25 | $-1.23 | $-0.18 | ||
| Q2 25 | $0.13 | $-0.56 | ||
| Q1 25 | $0.09 | $-0.22 | ||
| Q4 24 | $0.07 | $-0.01 | ||
| Q3 24 | $0.01 | $-0.16 | ||
| Q2 24 | $-0.01 | $-0.48 | ||
| Q1 24 | $0.04 | $-0.22 |
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 | $2.2M |
| 总债务越低越好 | $631.1M | $44.0M |
| 股东权益账面价值 | $2.7B | $209.5M |
| 总资产 | $8.7B | $913.9M |
| 负债/权益比越低杠杆越低 | 0.23× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资DAYSPWH
| Q4 25 | — | $2.2M | ||
| Q3 25 | $627.6M | $1.8M | ||
| Q2 25 | $625.2M | $3.6M | ||
| Q1 25 | $557.3M | $2.8M | ||
| Q4 24 | $579.7M | $2.7M | ||
| Q3 24 | $494.1M | $2.6M | ||
| Q2 24 | $465.4M | $2.2M | ||
| Q1 24 | $392.5M | $3.1M |
总债务DAYSPWH
| Q4 25 | — | $44.0M | ||
| Q3 25 | $631.1M | $43.9M | ||
| Q2 25 | $631.8M | $24.1M | ||
| Q1 25 | $632.4M | $24.1M | ||
| Q4 24 | $1.2B | $24.0M | ||
| Q3 24 | $1.2B | $24.0M | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
股东权益DAYSPWH
| Q4 25 | — | $209.5M | ||
| Q3 25 | $2.7B | $208.9M | ||
| Q2 25 | $2.7B | $215.1M | ||
| Q1 25 | $2.6B | $235.7M | ||
| Q4 24 | $2.5B | $243.6M | ||
| Q3 24 | $2.6B | $243.0M | ||
| Q2 24 | $2.5B | $247.5M | ||
| Q1 24 | $2.4B | $264.6M |
总资产DAYSPWH
| Q4 25 | — | $913.9M | ||
| Q3 25 | $8.7B | $948.9M | ||
| Q2 25 | $8.5B | $929.7M | ||
| Q1 25 | $9.5B | $852.1M | ||
| Q4 24 | $9.1B | $967.7M | ||
| Q3 24 | $8.1B | $901.9M | ||
| Q2 24 | $9.0B | $930.4M | ||
| Q1 24 | $10.8B | $886.2M |
负债/权益比DAYSPWH
| Q4 25 | — | 0.21× | ||
| Q3 25 | 0.23× | 0.21× | ||
| Q2 25 | 0.23× | 0.11× | ||
| Q1 25 | 0.24× | 0.10× | ||
| Q4 24 | 0.47× | 0.10× | ||
| Q3 24 | 0.47× | 0.10× | ||
| 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 | $16.3M |
| 自由现金流经营现金流 - 资本支出 | — | $8.7M |
| 自由现金流率自由现金流/营收 | — | 2.6% |
| 资本支出强度资本支出/营收 | — | 2.3% |
| 现金转化率经营现金流/净利润 | — | 2038.00× |
| 过去12个月自由现金流最近4个季度 | — | $-39.7M |
8季度趋势，按日历期对齐
经营现金流DAYSPWH
| Q4 25 | — | $16.3M | ||
| Q3 25 | $31.2M | $-26.6M | ||
| Q2 25 | $112.7M | $-60.2M | ||
| Q1 25 | $49.6M | $52.8M | ||
| Q4 24 | $81.0M | $-2.5M | ||
| Q3 24 | $91.8M | $18.5M | ||
| Q2 24 | $99.2M | $-34.6M | ||
| Q1 24 | $9.1M | $68.9M |
自由现金流DAYSPWH
| Q4 25 | — | $8.7M | ||
| Q3 25 | — | $-33.9M | ||
| Q2 25 | — | $-64.0M | ||
| Q1 25 | — | $49.6M | ||
| Q4 24 | — | $-6.2M | ||
| Q3 24 | — | $14.1M | ||
| Q2 24 | — | $-38.0M | ||
| Q1 24 | — | $60.2M |
自由现金流率DAYSPWH
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | -11.5% | ||
| Q2 25 | — | -25.7% | ||
| Q1 25 | — | 14.6% | ||
| Q4 24 | — | -1.9% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | -15.5% | ||
| Q1 24 | — | 16.2% |
资本支出强度DAYSPWH
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 2.4% |
现金转化率DAYSPWH
| Q4 25 | — | 2038.00× | ||
| 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% |
SPWH
暂无分部数据
