vs
Paylocity Holding Corp（PCTY）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
Paylocity Holding Corp的季度营收约是GIBRALTAR INDUSTRIES, INC.的1.7倍（$387.0M vs $225.0M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 11.3%），Paylocity Holding Corp自由现金流更多（$113.6M vs $26.2M），过去两年Paylocity Holding Corp的营收复合增速更高（2.7% vs -12.3%）
Paylocity Holding Corp是美国领先的云端人力资源管理服务商，核心产品覆盖薪资核算、支出管理及人力资本管理（HCM）类SaaS软件，可帮助不同规模的企业客户优化人力与财务相关运营流程，有效提升管理效率、降低运营成本。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
PCTY vs ROCK — 直观对比
营收规模更大
PCTY
是对方的1.7倍
$225.0M
营收增速更快
ROCK
高出13.7%
11.3%
自由现金流更多
PCTY
多$87.4M
$26.2M
两年增速更快
PCTY
近两年复合增速
-12.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $387.0M | $225.0M |
| 净利润 | $50.2M | — |
| 毛利率 | 72.9% | 25.3% |
| 营业利润率 | 18.2% | 7.9% |
| 净利率 | 13.0% | — |
| 营收同比 | 11.3% | 24.9% |
| 净利润同比 | 34.0% | — |
| 每股收益（稀释后） | $0.92 | — |
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PCTYROCK
| Q4 25 | $387.0M | $225.0M | ||
| Q3 25 | $378.9M | $310.9M | ||
| Q2 25 | $369.9M | $309.5M | ||
| Q1 25 | $421.1M | $290.0M | ||
| Q4 24 | $347.7M | $180.1M | ||
| Q3 24 | $333.1M | $277.1M | ||
| Q2 24 | $324.7M | $273.6M | ||
| Q1 24 | $366.8M | $292.5M |
净利润PCTYROCK
| Q4 25 | $50.2M | — | ||
| Q3 25 | $48.0M | $-89.1M | ||
| Q2 25 | $48.6M | $26.0M | ||
| Q1 25 | $91.5M | $21.1M | ||
| Q4 24 | $37.5M | — | ||
| Q3 24 | $49.6M | $34.0M | ||
| Q2 24 | $48.8M | $32.2M | ||
| Q1 24 | $85.3M | $24.9M |
毛利率PCTYROCK
| Q4 25 | 72.9% | 25.3% | ||
| Q3 25 | 73.9% | 26.6% | ||
| Q2 25 | 73.5% | 28.4% | ||
| Q1 25 | 77.1% | 26.8% | ||
| Q4 24 | 72.6% | 29.0% | ||
| Q3 24 | 74.4% | 29.4% | ||
| Q2 24 | 74.0% | 30.5% | ||
| Q1 24 | 77.8% | 28.9% |
营业利润率PCTYROCK
| Q4 25 | 18.2% | 7.9% | ||
| Q3 25 | 19.6% | 12.8% | ||
| Q2 25 | 17.9% | 12.8% | ||
| Q1 25 | 30.2% | 8.8% | ||
| Q4 24 | 13.4% | 13.3% | ||
| Q3 24 | 19.3% | 15.6% | ||
| Q2 24 | 19.4% | 14.9% | ||
| Q1 24 | 29.0% | 10.8% |
净利率PCTYROCK
| Q4 25 | 13.0% | — | ||
| Q3 25 | 12.7% | -28.6% | ||
| Q2 25 | 13.1% | 8.4% | ||
| Q1 25 | 21.7% | 7.3% | ||
| Q4 24 | 10.8% | — | ||
| Q3 24 | 14.9% | 12.3% | ||
| Q2 24 | 15.0% | 11.8% | ||
| Q1 24 | 23.3% | 8.5% |
每股收益（稀释后）PCTYROCK
| Q4 25 | $0.92 | — | ||
| Q3 25 | $0.86 | $-2.98 | ||
| Q2 25 | $0.87 | $0.87 | ||
| Q1 25 | $1.61 | — | ||
| Q4 24 | $0.66 | — | ||
| Q3 24 | $0.88 | $1.11 | ||
| Q2 24 | $0.85 | $1.05 | ||
| Q1 24 | $1.50 | — |
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 | $162.5M | $115.7M |
| 总债务越低越好 | $81.3M | $0 |
| 股东权益账面价值 | $1.1B | $950.4M |
| 总资产 | $7.0B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.07× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资PCTYROCK
| Q4 25 | $162.5M | $115.7M | ||
| Q3 25 | $165.2M | $89.4M | ||
| Q2 25 | $398.1M | $43.3M | ||
| Q1 25 | $477.8M | $25.1M | ||
| Q4 24 | $482.4M | $269.5M | ||
| Q3 24 | $778.5M | $228.9M | ||
| Q2 24 | $401.8M | $179.1M | ||
| Q1 24 | $492.7M | $146.7M |
总债务PCTYROCK
| Q4 25 | $81.3M | $0 | ||
| Q3 25 | $81.3M | $0 | ||
| Q2 25 | $162.5M | $0 | ||
| Q1 25 | $243.8M | $0 | ||
| Q4 24 | $325.0M | $0 | ||
| Q3 24 | $325.0M | $0 | ||
| Q2 24 | $0 | $0 | ||
| Q1 24 | — | $0 |
股东权益PCTYROCK
| Q4 25 | $1.1B | $950.4M | ||
| Q3 25 | $1.1B | $951.8M | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.2B | $1.0B | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.0B | $975.7M | ||
| Q1 24 | $1.1B | $940.2M |
总资产PCTYROCK
| Q4 25 | $7.0B | $1.4B | ||
| Q3 25 | $4.2B | $1.4B | ||
| Q2 25 | $4.4B | $1.5B | ||
| Q1 25 | $5.2B | $1.4B | ||
| Q4 24 | $5.3B | $1.4B | ||
| Q3 24 | $4.0B | $1.4B | ||
| Q2 24 | $4.2B | $1.4B | ||
| Q1 24 | $5.0B | $1.3B |
负债/权益比PCTYROCK
| Q4 25 | 0.07× | 0.00× | ||
| Q3 25 | 0.07× | 0.00× | ||
| Q2 25 | 0.13× | 0.00× | ||
| Q1 25 | 0.20× | 0.00× | ||
| Q4 24 | 0.28× | 0.00× | ||
| Q3 24 | 0.29× | 0.00× | ||
| Q2 24 | 0.00× | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $117.0M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $113.6M | $26.2M |
| 自由现金流率自由现金流/营收 | 29.4% | 11.7% |
| 资本支出强度资本支出/营收 | 0.9% | 4.1% |
| 现金转化率经营现金流/净利润 | 2.33× | — |
| 过去12个月自由现金流最近4个季度 | $461.1M | $120.6M |
8季度趋势，按日历期对齐
经营现金流PCTYROCK
| Q4 25 | $117.0M | $35.5M | ||
| Q3 25 | $86.5M | $73.0M | ||
| Q2 25 | $86.6M | $44.9M | ||
| Q1 25 | $186.0M | $13.7M | ||
| Q4 24 | $54.2M | $19.9M | ||
| Q3 24 | $91.5M | $64.7M | ||
| Q2 24 | $79.9M | $36.5M | ||
| Q1 24 | $167.5M | $53.2M |
自由现金流PCTYROCK
| Q4 25 | $113.6M | $26.2M | ||
| Q3 25 | $82.7M | $64.8M | ||
| Q2 25 | $81.1M | $27.3M | ||
| Q1 25 | $183.7M | $2.3M | ||
| Q4 24 | $51.2M | $14.1M | ||
| Q3 24 | $89.1M | $60.5M | ||
| Q2 24 | $73.6M | $33.5M | ||
| Q1 24 | $162.0M | $48.8M |
自由现金流率PCTYROCK
| Q4 25 | 29.4% | 11.7% | ||
| Q3 25 | 21.8% | 20.8% | ||
| Q2 25 | 21.9% | 8.8% | ||
| Q1 25 | 43.6% | 0.8% | ||
| Q4 24 | 14.7% | 7.8% | ||
| Q3 24 | 26.8% | 21.8% | ||
| Q2 24 | 22.7% | 12.2% | ||
| Q1 24 | 44.2% | 16.7% |
资本支出强度PCTYROCK
| Q4 25 | 0.9% | 4.1% | ||
| Q3 25 | 1.0% | 2.6% | ||
| Q2 25 | 1.5% | 5.7% | ||
| Q1 25 | 0.5% | 3.9% | ||
| Q4 24 | 0.9% | 3.3% | ||
| Q3 24 | 0.7% | 1.5% | ||
| Q2 24 | 1.9% | 1.1% | ||
| Q1 24 | 1.5% | 1.5% |
现金转化率PCTYROCK
| Q4 25 | 2.33× | — | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 1.78× | 1.73× | ||
| Q1 25 | 2.03× | 0.65× | ||
| Q4 24 | 1.45× | — | ||
| Q3 24 | 1.84× | 1.90× | ||
| Q2 24 | 1.64× | 1.13× | ||
| Q1 24 | 1.96× | 2.13× |
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
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
