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Dayforce（DAY）与Worthington Steel, Inc.（WS）财务数据对比。点击上方公司名可切换其他公司
Worthington Steel, Inc.的季度营收约是Dayforce的1.8倍（$871.9M vs $481.6M），Worthington Steel, Inc.净利率更高（2.2% vs -40.9%，领先43.0%），Worthington Steel, Inc.同比增速更快（18.0% vs 9.5%），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。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
DAY vs WS — 直观对比
营收规模更大
WS
是对方的1.8倍
$481.6M
营收增速更快
WS
高出8.5%
9.5%
净利率更高
WS
高出43.0%
-40.9%
两年增速更快
DAY
近两年复合增速
3.9%
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $871.9M |
| 净利润 | $-196.8M | $18.8M |
| 毛利率 | — | 10.7% |
| 营业利润率 | 6.3% | 2.5% |
| 净利率 | -40.9% | 2.2% |
| 营收同比 | 9.5% | 18.0% |
| 净利润同比 | -9940.0% | 46.9% |
| 每股收益（稀释后） | $-1.23 | $0.37 |
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DAYWS
| Q4 25 | — | $871.9M | ||
| Q3 25 | $481.6M | $872.9M | ||
| Q2 25 | $464.7M | $832.9M | ||
| Q1 25 | $481.8M | $687.4M | ||
| Q4 24 | $465.2M | $739.0M | ||
| Q3 24 | $440.0M | $834.0M | ||
| Q2 24 | $423.3M | — | ||
| Q1 24 | $431.5M | $805.8M |
净利润DAYWS
| Q4 25 | — | $18.8M | ||
| Q3 25 | $-196.8M | $36.8M | ||
| Q2 25 | $21.3M | $55.7M | ||
| Q1 25 | $14.9M | $13.8M | ||
| Q4 24 | $10.8M | $12.8M | ||
| Q3 24 | $2.0M | $28.4M | ||
| Q2 24 | $-1.8M | — | ||
| Q1 24 | $7.1M | $49.0M |
毛利率DAYWS
| Q4 25 | — | 10.7% | ||
| Q3 25 | — | 13.2% | ||
| Q2 25 | — | 15.2% | ||
| Q1 25 | — | 11.8% | ||
| Q4 24 | 47.0% | 10.8% | ||
| Q3 24 | 45.8% | 12.0% | ||
| Q2 24 | 44.1% | — | ||
| Q1 24 | 47.6% | 14.9% |
营业利润率DAYWS
| Q4 25 | — | 2.5% | ||
| Q3 25 | 6.3% | 5.5% | ||
| Q2 25 | 9.1% | 8.0% | ||
| Q1 25 | 6.4% | 2.7% | ||
| Q4 24 | 6.1% | 2.6% | ||
| Q3 24 | 4.7% | 5.2% | ||
| Q2 24 | 3.3% | — | ||
| Q1 24 | 9.4% | 8.2% |
净利率DAYWS
| Q4 25 | — | 2.2% | ||
| Q3 25 | -40.9% | 4.2% | ||
| Q2 25 | 4.6% | 6.7% | ||
| Q1 25 | 3.1% | 2.0% | ||
| Q4 24 | 2.3% | 1.7% | ||
| Q3 24 | 0.5% | 3.4% | ||
| Q2 24 | -0.4% | — | ||
| Q1 24 | 1.6% | 6.1% |
每股收益（稀释后）DAYWS
| Q4 25 | — | $0.37 | ||
| Q3 25 | $-1.23 | $0.72 | ||
| Q2 25 | $0.13 | $1.11 | ||
| Q1 25 | $0.09 | $0.27 | ||
| Q4 24 | $0.07 | $0.25 | ||
| Q3 24 | $0.01 | $0.56 | ||
| Q2 24 | $-0.01 | — | ||
| Q1 24 | $0.04 | $0.98 |
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 | $89.8M |
| 总债务越低越好 | $631.1M | $72.1M |
| 股东权益账面价值 | $2.7B | $1.1B |
| 总资产 | $8.7B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资DAYWS
| Q4 25 | — | $89.8M | ||
| Q3 25 | $627.6M | $78.3M | ||
| Q2 25 | $625.2M | $38.0M | ||
| Q1 25 | $557.3M | $63.3M | ||
| Q4 24 | $579.7M | $52.0M | ||
| Q3 24 | $494.1M | $36.0M | ||
| Q2 24 | $465.4M | — | ||
| Q1 24 | $392.5M | $60.8M |
总债务DAYWS
| Q4 25 | — | $72.1M | ||
| Q3 25 | $631.1M | $73.4M | ||
| Q2 25 | $631.8M | $151.5M | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | $115.0M | ||
| Q3 24 | $1.2B | $122.2M | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | $147.2M |
股东权益DAYWS
| Q4 25 | — | $1.1B | ||
| Q3 25 | $2.7B | $1.1B | ||
| Q2 25 | $2.7B | $1.1B | ||
| Q1 25 | $2.6B | $1.0B | ||
| Q4 24 | $2.5B | $1.0B | ||
| Q3 24 | $2.6B | $1.0B | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.4B | $937.6M |
总资产DAYWS
| Q4 25 | — | $2.1B | ||
| Q3 25 | $8.7B | $2.2B | ||
| Q2 25 | $8.5B | $2.0B | ||
| Q1 25 | $9.5B | $1.8B | ||
| Q4 24 | $9.1B | $1.7B | ||
| Q3 24 | $8.1B | $1.8B | ||
| Q2 24 | $9.0B | — | ||
| Q1 24 | $10.8B | $1.8B |
负债/权益比DAYWS
| Q4 25 | — | 0.06× | ||
| Q3 25 | 0.23× | 0.07× | ||
| Q2 25 | 0.23× | 0.14× | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | 0.11× | ||
| Q3 24 | 0.47× | 0.12× | ||
| Q2 24 | 0.49× | — | ||
| Q1 24 | 0.50× | 0.16× |
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 | $99.3M |
| 自由现金流经营现金流 - 资本支出 | — | $74.6M |
| 自由现金流率自由现金流/营收 | — | 8.6% |
| 资本支出强度资本支出/营收 | — | 2.8% |
| 现金转化率经营现金流/净利润 | — | 5.28× |
| 过去12个月自由现金流最近4个季度 | — | $72.5M |
8季度趋势，按日历期对齐
经营现金流DAYWS
| Q4 25 | — | $99.3M | ||
| Q3 25 | $31.2M | $-6.3M | ||
| Q2 25 | $112.7M | $53.9M | ||
| Q1 25 | $49.6M | $53.8M | ||
| Q4 24 | $81.0M | $68.0M | ||
| Q3 24 | $91.8M | $54.6M | ||
| Q2 24 | $99.2M | — | ||
| Q1 24 | $9.1M | $44.7M |
自由现金流DAYWS
| Q4 25 | — | $74.6M | ||
| Q3 25 | — | $-35.7M | ||
| Q2 25 | — | $8.4M | ||
| Q1 25 | — | $25.2M | ||
| Q4 24 | — | $33.2M | ||
| Q3 24 | — | $33.1M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $22.3M |
自由现金流率DAYWS
| Q4 25 | — | 8.6% | ||
| Q3 25 | — | -4.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.8% |
资本支出强度DAYWS
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 5.5% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.8% |
现金转化率DAYWS
| Q4 25 | — | 5.28× | ||
| Q3 25 | — | -0.17× | ||
| Q2 25 | 5.29× | 0.97× | ||
| Q1 25 | 3.33× | 3.90× | ||
| Q4 24 | 7.50× | 5.31× | ||
| Q3 24 | 45.90× | 1.92× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.28× | 0.91× |
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% |
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
