vs
Dayforce（DAY）与优莎娜（USNA）财务数据对比。点击上方公司名可切换其他公司
Dayforce的季度营收约是优莎娜的1.9倍（$481.6M vs $250.2M），优莎娜净利率更高（3.0% vs -40.9%，领先43.9%），Dayforce同比增速更快（9.5% vs -3.0%），过去两年优莎娜的营收复合增速更高（11.8% 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。
USANA是总部位于美国犹他州盐湖城的多层次营销企业，以 revenue 计位列2021年全球第14大直销企业。公司主打营养产品、膳食补充剂与护肤产品，大部分产品在盐湖城自有工厂生产，产品通过独立经销商网络销往全球24个国家。
DAY vs USNA — 直观对比
营收规模更大
DAY
是对方的1.9倍
$250.2M
营收增速更快
DAY
高出12.5%
-3.0%
净利率更高
USNA
高出43.9%
-40.9%
两年增速更快
USNA
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $250.2M |
| 净利润 | $-196.8M | $7.5M |
| 毛利率 | — | 76.2% |
| 营业利润率 | 6.3% | 5.5% |
| 净利率 | -40.9% | 3.0% |
| 营收同比 | 9.5% | -3.0% |
| 净利润同比 | -9940.0% | -20.0% |
| 每股收益（稀释后） | $-1.23 | $0.41 |
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DAYUSNA
| Q1 26 | — | $250.2M | ||
| Q4 25 | — | $226.2M | ||
| Q3 25 | $481.6M | $213.7M | ||
| Q2 25 | $464.7M | $235.8M | ||
| Q1 25 | $481.8M | $249.5M | ||
| Q4 24 | $465.2M | $213.6M | ||
| Q3 24 | $440.0M | $200.2M | ||
| Q2 24 | $423.3M | — |
净利润DAYUSNA
| Q1 26 | — | $7.5M | ||
| Q4 25 | — | $180.0K | ||
| Q3 25 | $-196.8M | $-6.5M | ||
| Q2 25 | $21.3M | $9.7M | ||
| Q1 25 | $14.9M | $9.4M | ||
| Q4 24 | $10.8M | $4.5M | ||
| Q3 24 | $2.0M | $10.6M | ||
| Q2 24 | $-1.8M | — |
毛利率DAYUSNA
| Q1 26 | — | 76.2% | ||
| Q4 25 | — | 78.2% | ||
| Q3 25 | — | 77.2% | ||
| Q2 25 | — | 78.7% | ||
| Q1 25 | — | 79.0% | ||
| Q4 24 | 47.0% | 82.0% | ||
| Q3 24 | 45.8% | 80.4% | ||
| Q2 24 | 44.1% | — |
营业利润率DAYUSNA
| Q1 26 | — | 5.5% | ||
| Q4 25 | — | 1.7% | ||
| Q3 25 | 6.3% | 0.6% | ||
| Q2 25 | 9.1% | 7.1% | ||
| Q1 25 | 6.4% | 6.3% | ||
| Q4 24 | 6.1% | 3.8% | ||
| Q3 24 | 4.7% | 7.8% | ||
| Q2 24 | 3.3% | — |
净利率DAYUSNA
| Q1 26 | — | 3.0% | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | -40.9% | -3.1% | ||
| Q2 25 | 4.6% | 4.1% | ||
| Q1 25 | 3.1% | 3.8% | ||
| Q4 24 | 2.3% | 2.1% | ||
| Q3 24 | 0.5% | 5.3% | ||
| Q2 24 | -0.4% | — |
每股收益（稀释后）DAYUSNA
| Q1 26 | — | $0.41 | ||
| Q4 25 | — | $-0.10 | ||
| Q3 25 | $-1.23 | $-0.36 | ||
| Q2 25 | $0.13 | $0.52 | ||
| Q1 25 | $0.09 | $0.49 | ||
| Q4 24 | $0.07 | $0.23 | ||
| Q3 24 | $0.01 | $0.56 | ||
| Q2 24 | $-0.01 | — |
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 | $162.8M |
| 总债务越低越好 | $631.1M | — |
| 股东权益账面价值 | $2.7B | — |
| 总资产 | $8.7B | $739.0M |
| 负债/权益比越低杠杆越低 | 0.23× | — |
8季度趋势，按日历期对齐
现金及短期投资DAYUSNA
| Q1 26 | — | $162.8M | ||
| Q4 25 | — | $158.4M | ||
| Q3 25 | $627.6M | $145.3M | ||
| Q2 25 | $625.2M | $151.3M | ||
| Q1 25 | $557.3M | $179.6M | ||
| Q4 24 | $579.7M | $181.8M | ||
| Q3 24 | $494.1M | $364.9M | ||
| Q2 24 | $465.4M | — |
总债务DAYUSNA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | — | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — |
股东权益DAYUSNA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $2.7B | $528.1M | ||
| Q2 25 | $2.7B | $531.1M | ||
| Q1 25 | $2.6B | $529.8M | ||
| Q4 24 | $2.5B | $532.1M | ||
| Q3 24 | $2.6B | $533.1M | ||
| Q2 24 | $2.5B | — |
总资产DAYUSNA
| Q1 26 | — | $739.0M | ||
| Q4 25 | — | $742.9M | ||
| Q3 25 | $8.7B | $726.6M | ||
| Q2 25 | $8.5B | $734.5M | ||
| Q1 25 | $9.5B | $746.6M | ||
| Q4 24 | $9.1B | $748.2M | ||
| Q3 24 | $8.1B | $671.3M | ||
| Q2 24 | $9.0B | — |
负债/权益比DAYUSNA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.49× | — |
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DAYUSNA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $31.2M | $-2.0M | ||
| Q2 25 | $112.7M | $12.2M | ||
| Q1 25 | $49.6M | $15.5M | ||
| Q4 24 | $81.0M | $5.8M | ||
| Q3 24 | $91.8M | $29.5M | ||
| Q2 24 | $99.2M | — |
自由现金流DAYUSNA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-5.2M | ||
| Q2 25 | — | $7.2M | ||
| Q1 25 | — | $12.7M | ||
| Q4 24 | — | $4.0M | ||
| Q3 24 | — | $27.1M | ||
| Q2 24 | — | — |
自由现金流率DAYUSNA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | -2.4% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 13.6% | ||
| Q2 24 | — | — |
资本支出强度DAYUSNA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | — |
现金转化率DAYUSNA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | 1.27× | ||
| Q1 25 | 3.33× | 1.65× | ||
| Q4 24 | 7.50× | 1.29× | ||
| Q3 24 | 45.90× | 2.78× | ||
| Q2 24 | — | — |
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% |
USNA
暂无分部数据
