vs
Dayforce（DAY）与沃茨水工业（WTS）财务数据对比。点击上方公司名可切换其他公司
沃茨水工业的季度营收约是Dayforce的1.4倍（$677.3M vs $481.6M），沃茨水工业净利率更高（14.7% vs -40.9%，领先55.6%），沃茨水工业同比增速更快（21.4% vs 9.5%），过去两年Dayforce的营收复合增速更高（9.8% vs 6.5%）
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。
沃茨水工业旗下AERCO是暖通管道领域的商用冷凝锅炉、高效热水设备及能量回收系统供应商，服务覆盖教育、住宿、政府、办公楼、医疗、工业、多户型住宅等多元市场，1949年推出行业首款半即热式无罐蒸汽热水器，1988年推出首款冷凝全调制设备。
DAY vs WTS — 直观对比
营收规模更大
WTS
是对方的1.4倍
$481.6M
营收增速更快
WTS
高出11.9%
9.5%
净利率更高
WTS
高出55.6%
-40.9%
两年增速更快
DAY
近两年复合增速
6.5%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $677.3M |
| 净利润 | $-196.8M | $99.6M |
| 毛利率 | — | 48.1% |
| 营业利润率 | 6.3% | 19.6% |
| 净利率 | -40.9% | 14.7% |
| 营收同比 | 9.5% | 21.4% |
| 净利润同比 | -9940.0% | 34.6% |
| 每股收益（稀释后） | $-1.23 | $2.97 |
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DAYWTS
| Q1 26 | — | $677.3M | ||
| Q4 25 | — | $625.1M | ||
| Q3 25 | $481.6M | $611.7M | ||
| Q2 25 | $464.7M | $643.7M | ||
| Q1 25 | $481.8M | $558.0M | ||
| Q4 24 | $465.2M | $540.4M | ||
| Q3 24 | $440.0M | $543.6M | ||
| Q2 24 | $423.3M | $597.3M |
净利润DAYWTS
| Q1 26 | — | $99.6M | ||
| Q4 25 | — | $83.7M | ||
| Q3 25 | $-196.8M | $82.2M | ||
| Q2 25 | $21.3M | $100.9M | ||
| Q1 25 | $14.9M | $74.0M | ||
| Q4 24 | $10.8M | $67.5M | ||
| Q3 24 | $2.0M | $69.1M | ||
| Q2 24 | $-1.8M | $82.0M |
毛利率DAYWTS
| Q1 26 | — | 48.1% | ||
| Q4 25 | — | 49.5% | ||
| Q3 25 | — | 48.8% | ||
| Q2 25 | — | 50.6% | ||
| Q1 25 | — | 48.8% | ||
| Q4 24 | 47.0% | 46.7% | ||
| Q3 24 | 45.8% | 47.3% | ||
| Q2 24 | 44.1% | 47.7% |
营业利润率DAYWTS
| Q1 26 | — | 19.6% | ||
| Q4 25 | — | 18.2% | ||
| Q3 25 | 6.3% | 18.2% | ||
| Q2 25 | 9.1% | 21.0% | ||
| Q1 25 | 6.4% | 15.7% | ||
| Q4 24 | 6.1% | 16.5% | ||
| Q3 24 | 4.7% | 17.1% | ||
| Q2 24 | 3.3% | 18.7% |
净利率DAYWTS
| Q1 26 | — | 14.7% | ||
| Q4 25 | — | 13.4% | ||
| Q3 25 | -40.9% | 13.4% | ||
| Q2 25 | 4.6% | 15.7% | ||
| Q1 25 | 3.1% | 13.3% | ||
| Q4 24 | 2.3% | 12.5% | ||
| Q3 24 | 0.5% | 12.7% | ||
| Q2 24 | -0.4% | 13.7% |
每股收益（稀释后）DAYWTS
| Q1 26 | — | $2.97 | ||
| Q4 25 | — | $2.50 | ||
| Q3 25 | $-1.23 | $2.45 | ||
| Q2 25 | $0.13 | $3.01 | ||
| Q1 25 | $0.09 | $2.21 | ||
| Q4 24 | $0.07 | $2.02 | ||
| Q3 24 | $0.01 | $2.06 | ||
| Q2 24 | $-0.01 | $2.44 |
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 | $374.7M |
| 总债务越低越好 | $631.1M | $197.8M |
| 股东权益账面价值 | $2.7B | $2.1B |
| 总资产 | $8.7B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资DAYWTS
| Q1 26 | — | $374.7M | ||
| Q4 25 | — | $405.5M | ||
| Q3 25 | $627.6M | $457.7M | ||
| Q2 25 | $625.2M | $369.3M | ||
| Q1 25 | $557.3M | $336.8M | ||
| Q4 24 | $579.7M | $386.9M | ||
| Q3 24 | $494.1M | $303.9M | ||
| Q2 24 | $465.4M | $279.4M |
总债务DAYWTS
| Q1 26 | — | $197.8M | ||
| 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DAYWTS
| Q1 26 | — | $2.1B | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | $2.7B | $2.0B | ||
| Q2 25 | $2.7B | $1.9B | ||
| Q1 25 | $2.6B | $1.8B | ||
| Q4 24 | $2.5B | $1.7B | ||
| Q3 24 | $2.6B | $1.7B | ||
| Q2 24 | $2.5B | $1.6B |
总资产DAYWTS
| Q1 26 | — | $2.9B | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | $8.7B | $2.7B | ||
| Q2 25 | $8.5B | $2.6B | ||
| Q1 25 | $9.5B | $2.5B | ||
| Q4 24 | $9.1B | $2.4B | ||
| Q3 24 | $8.1B | $2.4B | ||
| Q2 24 | $9.0B | $2.4B |
负债/权益比DAYWTS
| Q1 26 | — | 0.09× | ||
| 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 | $17.9M |
| 自由现金流经营现金流 - 资本支出 | — | $6.6M |
| 自由现金流率自由现金流/营收 | — | 1.0% |
| 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 | — | 0.18× |
| 过去12个月自由现金流最近4个季度 | — | $317.3M |
8季度趋势，按日历期对齐
经营现金流DAYWTS
| Q1 26 | — | $17.9M | ||
| Q4 25 | — | $154.7M | ||
| Q3 25 | $31.2M | $122.4M | ||
| Q2 25 | $112.7M | $69.7M | ||
| Q1 25 | $49.6M | $55.2M | ||
| Q4 24 | $81.0M | $139.5M | ||
| Q3 24 | $91.8M | $90.7M | ||
| Q2 24 | $99.2M | $85.3M |
自由现金流DAYWTS
| Q1 26 | — | $6.6M | ||
| Q4 25 | — | $140.3M | ||
| Q3 25 | — | $110.9M | ||
| Q2 25 | — | $59.5M | ||
| Q1 25 | — | $45.6M | ||
| Q4 24 | — | $127.5M | ||
| Q3 24 | — | $84.3M | ||
| Q2 24 | — | $78.5M |
自由现金流率DAYWTS
| Q1 26 | — | 1.0% | ||
| Q4 25 | — | 22.4% | ||
| Q3 25 | — | 18.1% | ||
| Q2 25 | — | 9.2% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | — | 23.6% | ||
| Q3 24 | — | 15.5% | ||
| Q2 24 | — | 13.1% |
资本支出强度DAYWTS
| Q1 26 | — | — | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.1% |
现金转化率DAYWTS
| Q1 26 | — | 0.18× | ||
| Q4 25 | — | 1.85× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | 5.29× | 0.69× | ||
| Q1 25 | 3.33× | 0.75× | ||
| Q4 24 | 7.50× | 2.07× | ||
| Q3 24 | 45.90× | 1.31× | ||
| Q2 24 | — | 1.04× |
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% |
WTS
| segment net | $517.8M | 76% |
| Other | $159.5M | 24% |
