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Paychex（PAYX）与帕兰提尔科技（PLTR）财务数据对比。点击上方公司名可切换其他公司
Paychex的季度营收约是帕兰提尔科技的1.1倍（$1.5B vs $1.4B），帕兰提尔科技净利率更高（43.3% vs 26.3%，领先17.0%），帕兰提尔科技同比增速更快（70.0% vs 17.4%），帕兰提尔科技自由现金流更多（$764.0M vs $382.8M），过去两年帕兰提尔科技的营收复合增速更高（48.9% vs 3.8%）
Paychex是美国知名人力资源服务提供商，1971年成立，总部位于纽约州罗切斯特，面向中小微企业提供薪资管理、人力资源外包、员工福利外包等服务。目前在美欧地区拥有超100个办事处，服务约80万家薪资客户，位列《财富》500强第681位。
帕兰提尔科技是美国上市企业，专注研发数据集成与分析平台，为政府机构、军方及各行业企业提供多源数据整合分析能力。旗下核心产品Gotham与Foundry可打通相互孤立的数据库，广泛支撑情报作业、反恐分析、执法工作及企业级数据分析场景。
PAYX vs PLTR — 直观对比
营收规模更大
PAYX
是对方的1.1倍
$1.4B
营收增速更快
PLTR
高出52.6%
17.4%
净利率更高
PLTR
高出17.0%
26.3%
自由现金流更多
PLTR
多$381.2M
$382.8M
两年增速更快
PLTR
近两年复合增速
3.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.4B |
| 净利润 | $395.4M | $608.7M |
| 毛利率 | 72.6% | 84.6% |
| 营业利润率 | 38.0% | 40.9% |
| 净利率 | 26.3% | 43.3% |
| 营收同比 | 17.4% | 70.0% |
| 净利润同比 | -4.4% | 670.4% |
| 每股收益（稀释后） | $1.10 | $0.24 |
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PAYXPLTR
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.4B | $1.0B | ||
| Q1 25 | $1.5B | $883.9M | ||
| Q4 24 | $1.3B | $827.5M | ||
| Q3 24 | $1.3B | $725.5M | ||
| Q2 24 | $1.3B | $678.1M | ||
| Q1 24 | $1.4B | $634.3M |
净利润PAYXPLTR
| Q4 25 | $395.4M | $608.7M | ||
| Q3 25 | $383.8M | $475.6M | ||
| Q2 25 | $297.2M | $326.7M | ||
| Q1 25 | $519.3M | $214.0M | ||
| Q4 24 | $413.4M | $79.0M | ||
| Q3 24 | $427.4M | $143.5M | ||
| Q2 24 | $379.9M | $134.1M | ||
| Q1 24 | $498.6M | $105.5M |
毛利率PAYXPLTR
| Q4 25 | 72.6% | 84.6% | ||
| Q3 25 | 72.3% | 82.4% | ||
| Q2 25 | 71.5% | 80.8% | ||
| Q1 25 | 73.6% | 80.4% | ||
| Q4 24 | 70.4% | 78.9% | ||
| Q3 24 | 70.3% | 79.8% | ||
| Q2 24 | 70.1% | 81.0% | ||
| Q1 24 | 72.8% | 81.7% |
营业利润率PAYXPLTR
| Q4 25 | 38.0% | 40.9% | ||
| Q3 25 | 36.3% | 33.3% | ||
| Q2 25 | 31.2% | 26.8% | ||
| Q1 25 | 47.2% | 19.9% | ||
| Q4 24 | 42.0% | 1.3% | ||
| Q3 24 | 42.7% | 15.6% | ||
| Q2 24 | 38.3% | 15.5% | ||
| Q1 24 | 46.6% | 12.8% |
净利率PAYXPLTR
| Q4 25 | 26.3% | 43.3% | ||
| Q3 25 | 25.7% | 40.3% | ||
| Q2 25 | 21.5% | 32.6% | ||
| Q1 25 | 35.4% | 24.2% | ||
| Q4 24 | 32.3% | 9.5% | ||
| Q3 24 | 33.4% | 19.8% | ||
| Q2 24 | 30.2% | 19.8% | ||
| Q1 24 | 35.7% | 16.6% |
每股收益（稀释后）PAYXPLTR
| Q4 25 | $1.10 | $0.24 | ||
| Q3 25 | $1.06 | $0.18 | ||
| Q2 25 | $0.83 | $0.13 | ||
| Q1 25 | $1.43 | $0.08 | ||
| Q4 24 | $1.14 | $0.03 | ||
| Q3 24 | $1.18 | $0.06 | ||
| Q2 24 | $1.05 | $0.06 | ||
| Q1 24 | $1.38 | $0.04 |
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 | $1.5B | $7.2B |
| 总债务越低越好 | $5.0B | — |
| 股东权益账面价值 | $3.9B | $7.4B |
| 总资产 | $16.5B | $8.9B |
| 负债/权益比越低杠杆越低 | 1.28× | — |
8季度趋势，按日历期对齐
现金及短期投资PAYXPLTR
| Q4 25 | $1.5B | $7.2B | ||
| Q3 25 | $1.7B | $6.4B | ||
| Q2 25 | $1.7B | $6.0B | ||
| Q1 25 | $1.6B | $5.4B | ||
| Q4 24 | $1.2B | $5.2B | ||
| Q3 24 | $1.5B | $4.6B | ||
| Q2 24 | $1.5B | $4.0B | ||
| Q1 24 | $1.7B | $3.9B |
总债务PAYXPLTR
| Q4 25 | $5.0B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $4.9B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $798.6M | — | ||
| Q1 24 | — | — |
股东权益PAYXPLTR
| Q4 25 | $3.9B | $7.4B | ||
| Q3 25 | $4.0B | $6.6B | ||
| Q2 25 | $4.1B | $5.9B | ||
| Q1 25 | $4.1B | $5.4B | ||
| Q4 24 | $3.9B | $5.0B | ||
| Q3 24 | $3.9B | $4.5B | ||
| Q2 24 | $3.8B | $4.1B | ||
| Q1 24 | $3.7B | $3.8B |
总资产PAYXPLTR
| Q4 25 | $16.5B | $8.9B | ||
| Q3 25 | $16.7B | $8.1B | ||
| Q2 25 | $16.6B | $7.4B | ||
| Q1 25 | $11.2B | $6.7B | ||
| Q4 24 | $10.6B | $6.3B | ||
| Q3 24 | $10.5B | $5.8B | ||
| Q2 24 | $10.4B | $5.2B | ||
| Q1 24 | $13.0B | $4.8B |
负债/权益比PAYXPLTR
| Q4 25 | 1.28× | — | ||
| Q3 25 | 1.25× | — | ||
| Q2 25 | 1.20× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.21× | — | ||
| Q1 24 | — | — |
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 | $444.9M | $777.3M |
| 自由现金流经营现金流 - 资本支出 | $382.8M | $764.0M |
| 自由现金流率自由现金流/营收 | 25.5% | 54.3% |
| 资本支出强度资本支出/营收 | 4.1% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.13× | 1.28× |
| 过去12个月自由现金流最近4个季度 | $2.0B | $2.1B |
8季度趋势，按日历期对齐
经营现金流PAYXPLTR
| Q4 25 | $444.9M | $777.3M | ||
| Q3 25 | $718.4M | $507.7M | ||
| Q2 25 | $343.8M | $539.3M | ||
| Q1 25 | $716.0M | $310.3M | ||
| Q4 24 | $295.0M | $460.3M | ||
| Q3 24 | $546.1M | $419.8M | ||
| Q2 24 | $221.7M | $144.2M | ||
| Q1 24 | $671.7M | $129.6M |
自由现金流PAYXPLTR
| Q4 25 | $382.8M | $764.0M | ||
| Q3 25 | $662.5M | $500.9M | ||
| Q2 25 | $283.3M | $531.6M | ||
| Q1 25 | $667.3M | $304.1M | ||
| Q4 24 | $248.0M | $457.2M | ||
| Q3 24 | $510.5M | $415.8M | ||
| Q2 24 | $180.4M | $141.3M | ||
| Q1 24 | $631.0M | $126.9M |
自由现金流率PAYXPLTR
| Q4 25 | 25.5% | 54.3% | ||
| Q3 25 | 44.4% | 42.4% | ||
| Q2 25 | 20.5% | 53.0% | ||
| Q1 25 | 45.5% | 34.4% | ||
| Q4 24 | 19.4% | 55.3% | ||
| Q3 24 | 39.9% | 57.3% | ||
| Q2 24 | 14.4% | 20.8% | ||
| Q1 24 | 45.2% | 20.0% |
资本支出强度PAYXPLTR
| Q4 25 | 4.1% | 0.9% | ||
| Q3 25 | 3.7% | 0.6% | ||
| Q2 25 | 4.4% | 0.8% | ||
| Q1 25 | 3.3% | 0.7% | ||
| Q4 24 | 3.7% | 0.4% | ||
| Q3 24 | 2.8% | 0.5% | ||
| Q2 24 | 3.3% | 0.4% | ||
| Q1 24 | 2.9% | 0.4% |
现金转化率PAYXPLTR
| Q4 25 | 1.13× | 1.28× | ||
| Q3 25 | 1.87× | 1.07× | ||
| Q2 25 | 1.16× | 1.65× | ||
| Q1 25 | 1.38× | 1.45× | ||
| Q4 24 | 0.71× | 5.83× | ||
| Q3 24 | 1.28× | 2.92× | ||
| Q2 24 | 0.58× | 1.08× | ||
| Q1 24 | 1.35× | 1.23× |
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
PAYX
| Management Solutions | $1.2B | 78% |
| Peo And Insurance Solutions | $336.9M | 22% |
PLTR
| Geographic Concentration Risk | $1.1B | 77% |
| Other | $330.4M | 23% |
