vs
Dayforce（DAY）与Talen Energy Corp（TLN）财务数据对比。点击上方公司名可切换其他公司
Talen Energy Corp的季度营收约是Dayforce的1.6倍（$758.0M vs $481.6M），Dayforce净利率更高（-40.9% vs -47.9%，领先7.0%），Talen Energy Corp同比增速更快（114.7% vs 9.5%），过去两年Talen Energy Corp的营收复合增速更高（35.0% vs 9.8%）
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。
PPL公司是总部位于美国宾夕法尼亚州东部利哈伊谷阿伦敦的能源企业，于纽约证券交易所上市（股票代码：PPL），属标普500指数成分股。截至2022年，公司营收79亿美元，总资产超370亿美元，拥有6500名员工，服务360万客户。
DAY vs TLN — 直观对比
营收规模更大
TLN
是对方的1.6倍
$481.6M
营收增速更快
TLN
高出105.3%
9.5%
净利率更高
DAY
高出7.0%
-47.9%
两年增速更快
TLN
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $758.0M |
| 净利润 | $-196.8M | $-363.0M |
| 毛利率 | — | — |
| 营业利润率 | 6.3% | -41.3% |
| 净利率 | -40.9% | -47.9% |
| 营收同比 | 9.5% | 114.7% |
| 净利润同比 | -9940.0% | -542.7% |
| 每股收益（稀释后） | $-1.23 | $-7.60 |
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DAYTLN
| Q4 25 | — | $758.0M | ||
| Q3 25 | $481.6M | $697.0M | ||
| Q2 25 | $464.7M | $409.0M | ||
| Q1 25 | $481.8M | $654.0M | ||
| Q4 24 | $465.2M | $353.0M | ||
| Q3 24 | $440.0M | $459.0M | ||
| Q2 24 | $423.3M | $346.0M | ||
| Q1 24 | $431.5M | $416.0M |
净利润DAYTLN
| Q4 25 | — | $-363.0M | ||
| Q3 25 | $-196.8M | $207.0M | ||
| Q2 25 | $21.3M | $72.0M | ||
| Q1 25 | $14.9M | $-135.0M | ||
| Q4 24 | $10.8M | $82.0M | ||
| Q3 24 | $2.0M | $168.0M | ||
| Q2 24 | $-1.8M | $454.0M | ||
| Q1 24 | $7.1M | $294.0M |
毛利率DAYTLN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | — | ||
| Q2 24 | 44.1% | — | ||
| Q1 24 | 47.6% | — |
营业利润率DAYTLN
| Q4 25 | — | -41.3% | ||
| Q3 25 | 6.3% | 37.7% | ||
| Q2 25 | 9.1% | 16.1% | ||
| Q1 25 | 6.4% | -16.2% | ||
| Q4 24 | 6.1% | 4.5% | ||
| Q3 24 | 4.7% | 34.4% | ||
| Q2 24 | 3.3% | 7.8% | ||
| Q1 24 | 9.4% | 6.0% |
净利率DAYTLN
| Q4 25 | — | -47.9% | ||
| Q3 25 | -40.9% | 29.7% | ||
| Q2 25 | 4.6% | 17.6% | ||
| Q1 25 | 3.1% | -20.6% | ||
| Q4 24 | 2.3% | 23.2% | ||
| Q3 24 | 0.5% | 36.6% | ||
| Q2 24 | -0.4% | 131.2% | ||
| Q1 24 | 1.6% | 70.7% |
每股收益（稀释后）DAYTLN
| Q4 25 | — | $-7.60 | ||
| Q3 25 | $-1.23 | $4.25 | ||
| Q2 25 | $0.13 | $1.50 | ||
| Q1 25 | $0.09 | $-2.94 | ||
| Q4 24 | $0.07 | $2.07 | ||
| Q3 24 | $0.01 | $3.16 | ||
| Q2 24 | $-0.01 | $7.60 | ||
| Q1 24 | $0.04 | $4.84 |
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 | $689.0M |
| 总债务越低越好 | $631.1M | $6.8B |
| 股东权益账面价值 | $2.7B | $1.1B |
| 总资产 | $8.7B | $10.9B |
| 负债/权益比越低杠杆越低 | 0.23× | 6.23× |
8季度趋势，按日历期对齐
现金及短期投资DAYTLN
| Q4 25 | — | $689.0M | ||
| Q3 25 | $627.6M | $497.0M | ||
| Q2 25 | $625.2M | $122.0M | ||
| Q1 25 | $557.3M | $295.0M | ||
| Q4 24 | $579.7M | $328.0M | ||
| Q3 24 | $494.1M | $648.0M | ||
| Q2 24 | $465.4M | $632.0M | ||
| Q1 24 | $392.5M | — |
总债务DAYTLN
| Q4 25 | — | $6.8B | ||
| Q3 25 | $631.1M | $3.0B | ||
| Q2 25 | $631.8M | $3.0B | ||
| Q1 25 | $632.4M | $3.0B | ||
| Q4 24 | $1.2B | $3.0B | ||
| Q3 24 | $1.2B | $2.6B | ||
| Q2 24 | $1.2B | $2.6B | ||
| Q1 24 | $1.2B | — |
股东权益DAYTLN
| Q4 25 | — | $1.1B | ||
| Q3 25 | $2.7B | $1.5B | ||
| Q2 25 | $2.7B | $1.2B | ||
| Q1 25 | $2.6B | $1.2B | ||
| Q4 24 | $2.5B | $1.4B | ||
| Q3 24 | $2.6B | $2.4B | ||
| Q2 24 | $2.5B | $2.5B | ||
| Q1 24 | $2.4B | $2.8B |
总资产DAYTLN
| Q4 25 | — | $10.9B | ||
| Q3 25 | $8.7B | $6.1B | ||
| Q2 25 | $8.5B | $5.8B | ||
| Q1 25 | $9.5B | $5.9B | ||
| Q4 24 | $9.1B | $6.1B | ||
| Q3 24 | $8.1B | $6.8B | ||
| Q2 24 | $9.0B | $7.1B | ||
| Q1 24 | $10.8B | — |
负债/权益比DAYTLN
| Q4 25 | — | 6.23× | ||
| Q3 25 | 0.23× | 2.03× | ||
| Q2 25 | 0.23× | 2.40× | ||
| Q1 25 | 0.24× | 2.54× | ||
| Q4 24 | 0.47× | 2.17× | ||
| Q3 24 | 0.47× | 1.10× | ||
| Q2 24 | 0.49× | 1.05× | ||
| 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 | $280.0M |
| 自由现金流经营现金流 - 资本支出 | — | $254.0M |
| 自由现金流率自由现金流/营收 | — | 33.5% |
| 资本支出强度资本支出/营收 | — | 3.4% |
| 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 | — | $606.0M |
8季度趋势，按日历期对齐
经营现金流DAYTLN
| Q4 25 | — | $280.0M | ||
| Q3 25 | $31.2M | $489.0M | ||
| Q2 25 | $112.7M | $-184.0M | ||
| Q1 25 | $49.6M | $119.0M | ||
| Q4 24 | $81.0M | — | ||
| Q3 24 | $91.8M | $96.0M | ||
| Q2 24 | $99.2M | $-23.0M | ||
| Q1 24 | $9.1M | $173.0M |
自由现金流DAYTLN
| Q4 25 | — | $254.0M | ||
| Q3 25 | — | $468.0M | ||
| Q2 25 | — | $-217.0M | ||
| Q1 25 | — | $101.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $83.0M | ||
| Q2 24 | — | $-43.0M | ||
| Q1 24 | — | $148.0M |
自由现金流率DAYTLN
| Q4 25 | — | 33.5% | ||
| Q3 25 | — | 67.1% | ||
| Q2 25 | — | -53.1% | ||
| Q1 25 | — | 15.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.1% | ||
| Q2 24 | — | -12.4% | ||
| Q1 24 | — | 35.6% |
资本支出强度DAYTLN
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 8.1% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 6.0% |
现金转化率DAYTLN
| Q4 25 | — | — | ||
| Q3 25 | — | 2.36× | ||
| Q2 25 | 5.29× | -2.56× | ||
| Q1 25 | 3.33× | — | ||
| Q4 24 | 7.50× | — | ||
| Q3 24 | 45.90× | 0.57× | ||
| Q2 24 | — | -0.05× | ||
| Q1 24 | 1.28× | 0.59× |
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% |
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
