vs
Taylor Morrison Home Corp（TMHC）与Workday, Inc.（WDAY）财务数据对比。点击上方公司名可切换其他公司
Workday, Inc.的季度营收约是Taylor Morrison Home Corp的1.8倍（$2.4B vs $1.4B），Workday, Inc.净利率更高（10.4% vs 7.1%，领先3.3%），Workday, Inc.同比增速更快（12.6% vs -26.8%），过去两年Workday, Inc.的营收复合增速更高（12.5% vs -16.5%）
泰勒莫里森住房公司是美国规模最大的住宅建筑商之一，总部位于亚利桑那州斯科茨代尔，2007年7月由泰勒伍德罗与莫里森住房合并成立。公司业务覆盖亚利桑那、加利福尼亚、得克萨斯等十余个州，产品涵盖首次置业、中端及中高端住宅，可满足不同层级客户的住房需求。
Workday是全球领先的企业级云软件供应商，核心产品覆盖人力资本管理、财务管理及企业资源规划解决方案，主要服务教育、医疗、金融、科技等行业的中大型机构，业务遍布北美、欧洲、亚太等全球主要市场。
TMHC vs WDAY — 直观对比
营收规模更大
WDAY
是对方的1.8倍
$1.4B
营收增速更快
WDAY
高出39.4%
-26.8%
净利率更高
WDAY
高出3.3%
7.1%
两年增速更快
WDAY
近两年复合增速
-16.5%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.4B |
| 净利润 | $98.6M | $252.0M |
| 毛利率 | 21.0% | — |
| 营业利润率 | — | 10.6% |
| 净利率 | 7.1% | 10.4% |
| 营收同比 | -26.8% | 12.6% |
| 净利润同比 | -53.8% | 30.6% |
| 每股收益（稀释后） | $1.12 | $0.94 |
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TMHCWDAY
| Q1 26 | $1.4B | — | ||
| Q4 25 | $2.1B | $2.4B | ||
| Q3 25 | $2.1B | $2.3B | ||
| Q2 25 | $2.0B | $2.2B | ||
| Q1 25 | $1.9B | $2.2B | ||
| Q4 24 | $2.4B | $2.2B | ||
| Q3 24 | $2.1B | $2.1B | ||
| Q2 24 | $2.0B | $2.0B |
净利润TMHCWDAY
| Q1 26 | $98.6M | — | ||
| Q4 25 | $174.0M | $252.0M | ||
| Q3 25 | $201.4M | $228.0M | ||
| Q2 25 | $193.6M | $68.0M | ||
| Q1 25 | $213.5M | $94.0M | ||
| Q4 24 | $242.5M | $193.0M | ||
| Q3 24 | $251.1M | $132.0M | ||
| Q2 24 | $199.5M | $107.0M |
毛利率TMHCWDAY
| Q1 26 | 21.0% | — | ||
| Q4 25 | 22.0% | — | ||
| Q3 25 | 22.7% | — | ||
| Q2 25 | 23.0% | — | ||
| Q1 25 | 24.4% | — | ||
| Q4 24 | 23.9% | — | ||
| Q3 24 | 25.0% | — | ||
| Q2 24 | 23.7% | — |
营业利润率TMHCWDAY
| Q1 26 | — | — | ||
| Q4 25 | — | 10.6% | ||
| Q3 25 | — | 10.6% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 7.6% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 3.2% |
净利率TMHCWDAY
| Q1 26 | 7.1% | — | ||
| Q4 25 | 8.3% | 10.4% | ||
| Q3 25 | 9.6% | 9.7% | ||
| Q2 25 | 9.5% | 3.0% | ||
| Q1 25 | 11.3% | 4.3% | ||
| Q4 24 | 10.3% | 8.9% | ||
| Q3 24 | 11.8% | 6.3% | ||
| Q2 24 | 10.0% | 5.4% |
每股收益（稀释后）TMHCWDAY
| Q1 26 | $1.12 | — | ||
| Q4 25 | $1.77 | $0.94 | ||
| Q3 25 | $2.01 | $0.84 | ||
| Q2 25 | $1.92 | $0.25 | ||
| Q1 25 | $2.07 | $0.34 | ||
| Q4 24 | $2.29 | $0.72 | ||
| Q3 24 | $2.37 | $0.49 | ||
| Q2 24 | $1.86 | $0.40 |
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 | $652.9M | $6.8B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.2B | $8.9B |
| 总资产 | $9.8B | $17.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资TMHCWDAY
| Q1 26 | $652.9M | — | ||
| Q4 25 | $850.0M | $6.8B | ||
| Q3 25 | $370.6M | $8.2B | ||
| Q2 25 | $130.2M | $8.0B | ||
| Q1 25 | $377.8M | $8.0B | ||
| Q4 24 | $487.2M | $7.2B | ||
| Q3 24 | $256.4M | $7.4B | ||
| Q2 24 | $246.8M | $7.2B |
总债务TMHCWDAY
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.2B | $3.0B |
股东权益TMHCWDAY
| Q1 26 | $6.2B | — | ||
| Q4 25 | $6.3B | $8.9B | ||
| Q3 25 | $6.2B | $9.2B | ||
| Q2 25 | $6.1B | $8.9B | ||
| Q1 25 | $6.0B | $9.0B | ||
| Q4 24 | $5.9B | $8.6B | ||
| Q3 24 | $5.7B | $8.3B | ||
| Q2 24 | $5.5B | $8.2B |
总资产TMHCWDAY
| Q1 26 | $9.8B | — | ||
| Q4 25 | $9.8B | $17.8B | ||
| Q3 25 | $9.6B | $18.0B | ||
| Q2 25 | $9.5B | $17.2B | ||
| Q1 25 | $9.4B | $18.0B | ||
| Q4 24 | $9.3B | $16.4B | ||
| Q3 24 | $9.3B | $16.2B | ||
| Q2 24 | $9.1B | $15.9B |
负债/权益比TMHCWDAY
| Q1 26 | — | — | ||
| Q4 25 | 0.36× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | 0.39× | 0.37× |
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 | — | $588.0M |
| 自由现金流经营现金流 - 资本支出 | — | $550.0M |
| 自由现金流率自由现金流/营收 | — | 22.6% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 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 | — | $2.6B |
8季度趋势，按日历期对齐
经营现金流TMHCWDAY
| Q1 26 | — | — | ||
| Q4 25 | $646.4M | $588.0M | ||
| Q3 25 | $219.6M | $616.0M | ||
| Q2 25 | $-126.0M | $457.0M | ||
| Q1 25 | $77.2M | $1.1B | ||
| Q4 24 | $438.2M | $406.0M | ||
| Q3 24 | $135.9M | $571.0M | ||
| Q2 24 | $-233.3M | $372.0M |
自由现金流TMHCWDAY
| Q1 26 | — | — | ||
| Q4 25 | $635.3M | $550.0M | ||
| Q3 25 | $206.6M | $588.0M | ||
| Q2 25 | $-133.6M | $421.0M | ||
| Q1 25 | $68.7M | $1.0B | ||
| Q4 24 | $428.2M | $359.0M | ||
| Q3 24 | $127.1M | $516.0M | ||
| Q2 24 | $-241.7M | $291.0M |
自由现金流率TMHCWDAY
| Q1 26 | — | — | ||
| Q4 25 | 30.3% | 22.6% | ||
| Q3 25 | 9.9% | 25.0% | ||
| Q2 25 | -6.6% | 18.8% | ||
| Q1 25 | 3.6% | 46.4% | ||
| Q4 24 | 18.2% | 16.6% | ||
| Q3 24 | 6.0% | 24.7% | ||
| Q2 24 | -12.1% | 14.6% |
资本支出强度TMHCWDAY
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 1.6% | ||
| Q3 25 | 0.6% | 1.2% | ||
| Q2 25 | 0.4% | 1.6% | ||
| Q1 25 | 0.4% | 3.9% | ||
| Q4 24 | 0.4% | 2.2% | ||
| Q3 24 | 0.4% | 2.6% | ||
| Q2 24 | 0.4% | 4.1% |
现金转化率TMHCWDAY
| Q1 26 | — | — | ||
| Q4 25 | 3.71× | 2.33× | ||
| Q3 25 | 1.09× | 2.70× | ||
| Q2 25 | -0.65× | 6.72× | ||
| Q1 25 | 0.36× | 11.83× | ||
| Q4 24 | 1.81× | 2.10× | ||
| Q3 24 | 0.54× | 4.33× | ||
| Q2 24 | -1.17× | 3.48× |
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
TMHC
| Home closings revenue, net | $1.3B | 95% |
| Financial services revenue, net | $49.3M | 4% |
| Land closings revenue | $14.5M | 1% |
| Amenity and other revenue | $11.9M | 1% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
