vs
Dayforce（DAY）与Titan Machinery Inc.（TITN）财务数据对比。点击上方公司名可切换其他公司
Titan Machinery Inc.的季度营收约是Dayforce的1.3倍（$644.5M vs $481.6M），Titan Machinery Inc.净利率更高（0.2% vs -40.9%，领先41.0%），Dayforce同比增速更快（9.5% vs -5.2%），过去两年Dayforce的营收复合增速更高（9.8% vs -13.0%）
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。
泰坦机械是全球规模领先的农业与工程机械设备经销商，也是凯斯纽荷兰工业品牌最大的经销商之一，总部位于北达科他州西法戈，经营网点遍布美国中西部、澳大利亚、奥地利、保加利亚、德国、罗马尼亚及乌克兰，目前在纳斯达克挂牌上市，2023年总营收达22.09亿美元。
DAY vs TITN — 直观对比
营收规模更大
TITN
是对方的1.3倍
$481.6M
营收增速更快
DAY
高出14.6%
-5.2%
净利率更高
TITN
高出41.0%
-40.9%
两年增速更快
DAY
近两年复合增速
-13.0%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $644.5M |
| 净利润 | $-196.8M | $1.2M |
| 毛利率 | — | 17.2% |
| 营业利润率 | 6.3% | 1.6% |
| 净利率 | -40.9% | 0.2% |
| 营收同比 | 9.5% | -5.2% |
| 净利润同比 | -9940.0% | -30.1% |
| 每股收益（稀释后） | $-1.23 | $0.05 |
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DAYTITN
| Q4 25 | — | $644.5M | ||
| Q3 25 | $481.6M | $546.4M | ||
| Q2 25 | $464.7M | $594.3M | ||
| Q1 25 | $481.8M | $759.9M | ||
| Q4 24 | $465.2M | $679.8M | ||
| Q3 24 | $440.0M | $633.7M | ||
| Q2 24 | $423.3M | $628.7M | ||
| Q1 24 | $431.5M | $852.1M |
净利润DAYTITN
| Q4 25 | — | $1.2M | ||
| Q3 25 | $-196.8M | $-6.0M | ||
| Q2 25 | $21.3M | $-13.2M | ||
| Q1 25 | $14.9M | $-43.8M | ||
| Q4 24 | $10.8M | $1.7M | ||
| Q3 24 | $2.0M | $-4.3M | ||
| Q2 24 | $-1.8M | $9.4M | ||
| Q1 24 | $7.1M | $24.0M |
毛利率DAYTITN
| Q4 25 | — | 17.2% | ||
| Q3 25 | — | 17.1% | ||
| Q2 25 | — | 15.3% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | 47.0% | 16.3% | ||
| Q3 24 | 45.8% | 17.7% | ||
| Q2 24 | 44.1% | 19.4% | ||
| Q1 24 | 47.6% | 16.6% |
营业利润率DAYTITN
| Q4 25 | — | 1.6% | ||
| Q3 25 | 6.3% | 0.1% | ||
| Q2 25 | 9.1% | -1.0% | ||
| Q1 25 | 6.4% | -6.0% | ||
| Q4 24 | 6.1% | 1.7% | ||
| Q3 24 | 4.7% | 2.5% | ||
| Q2 24 | 3.3% | 3.6% | ||
| Q1 24 | 9.4% | 4.8% |
净利率DAYTITN
| Q4 25 | — | 0.2% | ||
| Q3 25 | -40.9% | -1.1% | ||
| Q2 25 | 4.6% | -2.2% | ||
| Q1 25 | 3.1% | -5.8% | ||
| Q4 24 | 2.3% | 0.3% | ||
| Q3 24 | 0.5% | -0.7% | ||
| Q2 24 | -0.4% | 1.5% | ||
| Q1 24 | 1.6% | 2.8% |
每股收益（稀释后）DAYTITN
| Q4 25 | — | $0.05 | ||
| Q3 25 | $-1.23 | $-0.26 | ||
| Q2 25 | $0.13 | $-0.58 | ||
| Q1 25 | $0.09 | $-1.92 | ||
| Q4 24 | $0.07 | $0.07 | ||
| Q3 24 | $0.01 | $-0.19 | ||
| Q2 24 | $-0.01 | $0.41 | ||
| Q1 24 | $0.04 | $1.04 |
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 | — |
| 总债务越低越好 | $631.1M | $176.6M |
| 股东权益账面价值 | $2.7B | $612.6M |
| 总资产 | $8.7B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.29× |
8季度趋势，按日历期对齐
现金及短期投资DAYTITN
| Q4 25 | — | — | ||
| Q3 25 | $627.6M | — | ||
| Q2 25 | $625.2M | — | ||
| Q1 25 | $557.3M | — | ||
| Q4 24 | $579.7M | — | ||
| Q3 24 | $494.1M | — | ||
| Q2 24 | $465.4M | — | ||
| Q1 24 | $392.5M | — |
总债务DAYTITN
| Q4 25 | — | $176.6M | ||
| Q3 25 | $631.1M | $164.5M | ||
| Q2 25 | $631.8M | $165.3M | ||
| Q1 25 | $632.4M | $168.7M | ||
| Q4 24 | $1.2B | $140.6M | ||
| Q3 24 | $1.2B | $126.6M | ||
| Q2 24 | $1.2B | $119.3M | ||
| Q1 24 | $1.2B | $120.1M |
股东权益DAYTITN
| Q4 25 | — | $612.6M | ||
| Q3 25 | $2.7B | $610.3M | ||
| Q2 25 | $2.7B | $605.4M | ||
| Q1 25 | $2.6B | $614.1M | ||
| Q4 24 | $2.5B | $668.2M | ||
| Q3 24 | $2.6B | $659.6M | ||
| Q2 24 | $2.5B | $662.6M | ||
| Q1 24 | $2.4B | $657.6M |
总资产DAYTITN
| Q4 25 | — | $1.8B | ||
| Q3 25 | $8.7B | $1.9B | ||
| Q2 25 | $8.5B | $1.8B | ||
| Q1 25 | $9.5B | $1.8B | ||
| Q4 24 | $9.1B | $2.1B | ||
| Q3 24 | $8.1B | $2.2B | ||
| Q2 24 | $9.0B | $2.1B | ||
| Q1 24 | $10.8B | $2.0B |
负债/权益比DAYTITN
| Q4 25 | — | 0.29× | ||
| Q3 25 | 0.23× | 0.27× | ||
| Q2 25 | 0.23× | 0.27× | ||
| Q1 25 | 0.24× | 0.27× | ||
| Q4 24 | 0.47× | 0.21× | ||
| Q3 24 | 0.47× | 0.19× | ||
| Q2 24 | 0.49× | 0.18× | ||
| Q1 24 | 0.50× | 0.18× |
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 | $34.0M |
| 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 | — | 28.37× |
| 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DAYTITN
| Q4 25 | — | $34.0M | ||
| Q3 25 | $31.2M | $43.7M | ||
| Q2 25 | $112.7M | $6.2M | ||
| Q1 25 | $49.6M | $126.5M | ||
| Q4 24 | $81.0M | $-8.8M | ||
| Q3 24 | $91.8M | $-15.0M | ||
| Q2 24 | $99.2M | $-32.4M | ||
| Q1 24 | $9.1M | $49.8M |
现金转化率DAYTITN
| Q4 25 | — | 28.37× | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | 3.33× | — | ||
| Q4 24 | 7.50× | -5.15× | ||
| Q3 24 | 45.90× | — | ||
| Q2 24 | — | -3.43× | ||
| Q1 24 | 1.28× | 2.08× |
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% |
TITN
| Agriculture Segment | $420.9M | 65% |
| Sales Of Parts | $122.3M | 19% |
| Service Sales | $48.9M | 8% |
| Australia_segment | $29.9M | 5% |
| Rental And Other | $13.3M | 2% |
| Rental | $10.3M | 2% |
| Other Revenue | $1.1M | 0% |
