vs
Dayforce（DAY）与TreeHouse Foods, Inc.（THS）财务数据对比。点击上方公司名可切换其他公司
TreeHouse Foods, Inc.的季度营收约是Dayforce的1.7倍（$840.3M vs $481.6M），TreeHouse Foods, Inc.净利率更高（-31.6% vs -40.9%，领先9.2%），Dayforce同比增速更快（9.5% vs 0.1%），过去两年Dayforce的营收复合增速更高（9.8% vs -3.9%）
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。
树屋食品公司是一家跨国食品加工企业，主打贴牌包装食品生产，总部位于美国伊利诺伊州奥克布鲁克，2005年成立后完全通过收购拓展业务。2010年该公司销售额达20亿美元，在20座工厂拥有超4000名员工，曾获评《食品加工》杂志2010年度加工企业，被称为“你没听过的大型企业”。
DAY vs THS — 直观对比
营收规模更大
THS
是对方的1.7倍
$481.6M
营收增速更快
DAY
高出9.3%
0.1%
净利率更高
THS
高出9.2%
-40.9%
两年增速更快
DAY
近两年复合增速
-3.9%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $840.3M |
| 净利润 | $-196.8M | $-265.8M |
| 毛利率 | — | 18.8% |
| 营业利润率 | 6.3% | -30.2% |
| 净利率 | -40.9% | -31.6% |
| 营收同比 | 9.5% | 0.1% |
| 净利润同比 | -9940.0% | -7717.6% |
| 每股收益（稀释后） | $-1.23 | $-5.26 |
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DAYTHS
| Q3 25 | $481.6M | $840.3M | ||
| Q2 25 | $464.7M | $798.0M | ||
| Q1 25 | $481.8M | $792.0M | ||
| Q4 24 | $465.2M | $905.7M | ||
| Q3 24 | $440.0M | $839.1M | ||
| Q2 24 | $423.3M | $788.5M | ||
| Q1 24 | $431.5M | $820.7M | ||
| Q4 23 | $399.7M | $910.8M |
净利润DAYTHS
| Q3 25 | $-196.8M | $-265.8M | ||
| Q2 25 | $21.3M | $-2.9M | ||
| Q1 25 | $14.9M | $-31.8M | ||
| Q4 24 | $10.8M | $58.7M | ||
| Q3 24 | $2.0M | $-3.4M | ||
| Q2 24 | $-1.8M | $-16.7M | ||
| Q1 24 | $7.1M | $-11.7M | ||
| Q4 23 | $45.6M | $7.5M |
毛利率DAYTHS
| Q3 25 | — | 18.8% | ||
| Q2 25 | — | 17.4% | ||
| Q1 25 | — | 14.5% | ||
| Q4 24 | 47.0% | 19.5% | ||
| Q3 24 | 45.8% | 15.6% | ||
| Q2 24 | 44.1% | 16.3% | ||
| Q1 24 | 47.6% | 13.6% | ||
| Q4 23 | 42.5% | 16.7% |
营业利润率DAYTHS
| Q3 25 | 6.3% | -30.2% | ||
| Q2 25 | 9.1% | 3.4% | ||
| Q1 25 | 6.4% | -0.7% | ||
| Q4 24 | 6.1% | 8.9% | ||
| Q3 24 | 4.7% | 3.8% | ||
| Q2 24 | 3.3% | -0.5% | ||
| Q1 24 | 9.4% | -0.6% | ||
| Q4 23 | 9.7% | 4.6% |
净利率DAYTHS
| Q3 25 | -40.9% | -31.6% | ||
| Q2 25 | 4.6% | -0.4% | ||
| Q1 25 | 3.1% | -4.0% | ||
| Q4 24 | 2.3% | 6.5% | ||
| Q3 24 | 0.5% | -0.4% | ||
| Q2 24 | -0.4% | -2.1% | ||
| Q1 24 | 1.6% | -1.4% | ||
| Q4 23 | 11.4% | 0.8% |
每股收益（稀释后）DAYTHS
| Q3 25 | $-1.23 | $-5.26 | ||
| Q2 25 | $0.13 | $-0.06 | ||
| Q1 25 | $0.09 | $-0.63 | ||
| Q4 24 | $0.07 | $1.12 | ||
| Q3 24 | $0.01 | $-0.07 | ||
| Q2 24 | $-0.01 | $-0.32 | ||
| Q1 24 | $0.04 | $-0.22 | ||
| Q4 23 | $0.29 | $0.13 |
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 | $21.0M |
| 总债务越低越好 | $631.1M | $1.5B |
| 股东权益账面价值 | $2.7B | $1.3B |
| 总资产 | $8.7B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.23× | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资DAYTHS
| Q3 25 | $627.6M | $21.0M | ||
| Q2 25 | $625.2M | $17.1M | ||
| Q1 25 | $557.3M | $16.4M | ||
| Q4 24 | $579.7M | $289.6M | ||
| Q3 24 | $494.1M | $102.0M | ||
| Q2 24 | $465.4M | $105.8M | ||
| Q1 24 | $392.5M | $191.8M | ||
| Q4 23 | $570.3M | $320.3M |
总债务DAYTHS
| Q3 25 | $631.1M | $1.5B | ||
| Q2 25 | $631.8M | $1.5B | ||
| Q1 25 | $632.4M | $1.4B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $1.2B | $1.4B | ||
| Q2 24 | $1.2B | $1.4B | ||
| Q1 24 | $1.2B | $1.4B | ||
| Q4 23 | $1.2B | $1.4B |
股东权益DAYTHS
| Q3 25 | $2.7B | $1.3B | ||
| Q2 25 | $2.7B | $1.5B | ||
| Q1 25 | $2.6B | $1.5B | ||
| Q4 24 | $2.5B | $1.5B | ||
| Q3 24 | $2.6B | $1.6B | ||
| Q2 24 | $2.5B | $1.6B | ||
| Q1 24 | $2.4B | $1.6B | ||
| Q4 23 | $2.4B | $1.7B |
总资产DAYTHS
| Q3 25 | $8.7B | $3.8B | ||
| Q2 25 | $8.5B | $4.0B | ||
| Q1 25 | $9.5B | $3.9B | ||
| Q4 24 | $9.1B | $4.0B | ||
| Q3 24 | $8.1B | $4.0B | ||
| Q2 24 | $9.0B | $3.9B | ||
| Q1 24 | $10.8B | $4.0B | ||
| Q4 23 | $9.0B | $4.1B |
负债/权益比DAYTHS
| Q3 25 | 0.23× | 1.18× | ||
| Q2 25 | 0.23× | 0.98× | ||
| Q1 25 | 0.24× | 0.93× | ||
| Q4 24 | 0.47× | 0.90× | ||
| Q3 24 | 0.47× | 0.90× | ||
| Q2 24 | 0.49× | 0.90× | ||
| Q1 24 | 0.50× | 0.87× | ||
| Q4 23 | 0.50× | 0.84× |
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 | $38.2M |
| 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DAYTHS
| Q3 25 | $31.2M | $38.2M | ||
| Q2 25 | $112.7M | $-47.2M | ||
| Q1 25 | $49.6M | $-53.5M | ||
| Q4 24 | $81.0M | $296.2M | ||
| Q3 24 | $91.8M | $41.4M | ||
| Q2 24 | $99.2M | $-19.4M | ||
| Q1 24 | $9.1M | $-52.4M | ||
| Q4 23 | $89.9M | $147.0M |
自由现金流DAYTHS
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-42.2M | ||
| Q1 24 | — | $-80.7M | ||
| Q4 23 | — | $84.3M |
自由现金流率DAYTHS
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -5.4% | ||
| Q1 24 | — | -9.8% | ||
| Q4 23 | — | 9.3% |
资本支出强度DAYTHS
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 3.4% | ||
| Q4 23 | — | 6.9% |
现金转化率DAYTHS
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | 3.33× | — | ||
| Q4 24 | 7.50× | 5.05× | ||
| Q3 24 | 45.90× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.28× | — | ||
| Q4 23 | 1.97× | 19.60× |
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% |
THS
| Retail Grocery Customers | $670.6M | 80% |
| Food Away From Home And Other | $85.3M | 10% |
| Co Manufacturing | $84.4M | 10% |
