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Artisan Partners Asset Management Inc.（APAM）与LifeStance Health Group, Inc.（LFST）财务数据对比。点击上方公司名可切换其他公司
LifeStance Health Group, Inc.的季度营收约是Artisan Partners Asset Management Inc.的1.1倍（$382.2M vs $335.5M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs 3.1%，领先32.1%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 12.9%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $46.6M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 12.7%）
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
LifeStance Health Group是美国的门诊行为健康服务提供商，支持线下面诊与远程诊疗两种服务模式，业务涵盖心理咨询、精神科诊疗、经颅磁刺激（TMS）以及氯胺酮治疗等。该公司曾多次因劳动违规、客户信息泄露及误导投资者相关问题遭遇诉讼。
APAM vs LFST — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $382.2M |
| 净利润 | $118.1M | $11.7M |
| 毛利率 | — | — |
| 营业利润率 | 39.2% | 4.7% |
| 净利率 | 35.2% | 3.1% |
| 营收同比 | 12.9% | 17.4% |
| 净利润同比 | 34.9% | 264.1% |
| 每股收益（稀释后） | $1.36 | — |
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
| Q4 25 | $335.5M | $382.2M | ||
| Q3 25 | $301.3M | $363.8M | ||
| Q2 25 | $282.7M | $345.3M | ||
| Q1 25 | $277.1M | $333.0M | ||
| Q4 24 | $297.1M | $325.5M | ||
| Q3 24 | $279.6M | $312.7M | ||
| Q2 24 | $270.8M | $312.3M | ||
| Q1 24 | $264.4M | $300.4M |
| Q4 25 | $118.1M | $11.7M | ||
| Q3 25 | $66.8M | $1.1M | ||
| Q2 25 | $67.6M | $-3.8M | ||
| Q1 25 | $61.1M | $709.0K | ||
| Q4 24 | $87.5M | $-7.1M | ||
| Q3 24 | $73.0M | $-6.0M | ||
| Q2 24 | $57.6M | $-23.3M | ||
| Q1 24 | $59.5M | $-21.1M |
| Q4 25 | 39.2% | 4.7% | ||
| Q3 25 | 33.8% | 2.0% | ||
| Q2 25 | 28.2% | -0.9% | ||
| Q1 25 | 31.2% | 0.5% | ||
| Q4 24 | 36.7% | 0.3% | ||
| Q3 24 | 33.3% | 0.0% | ||
| Q2 24 | 32.0% | -5.1% | ||
| Q1 24 | 29.4% | -5.6% |
| Q4 25 | 35.2% | 3.1% | ||
| Q3 25 | 22.2% | 0.3% | ||
| Q2 25 | 23.9% | -1.1% | ||
| Q1 25 | 22.1% | 0.2% | ||
| Q4 24 | 29.5% | -2.2% | ||
| Q3 24 | 26.1% | -1.9% | ||
| Q2 24 | 21.3% | -7.5% | ||
| Q1 24 | 22.5% | -7.0% |
| Q4 25 | $1.36 | — | ||
| Q3 25 | $0.93 | — | ||
| Q2 25 | $0.94 | — | ||
| Q1 25 | $0.82 | — | ||
| Q4 24 | $0.99 | — | ||
| Q3 24 | $1.03 | — | ||
| Q2 24 | $0.80 | — | ||
| Q1 24 | $0.84 | — |
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 | — | $248.6M |
| 总债务越低越好 | $190.0M | $282.8M |
| 股东权益账面价值 | $438.8M | $1.5B |
| 总资产 | $1.6B | $2.2B |
| 负债/权益比越低杠杆越低 | 0.43× | 0.19× |
8季度趋势，按日历期对齐
| Q4 25 | — | $248.6M | ||
| Q3 25 | — | $203.9M | ||
| Q2 25 | — | $188.9M | ||
| Q1 25 | — | $134.3M | ||
| Q4 24 | — | $154.6M | ||
| Q3 24 | — | $102.6M | ||
| Q2 24 | — | $87.0M | ||
| Q1 24 | — | $49.5M |
| Q4 25 | $190.0M | $282.8M | ||
| Q3 25 | $190.0M | $284.6M | ||
| Q2 25 | $200.0M | $286.4M | ||
| Q1 25 | $200.0M | $288.2M | ||
| Q4 24 | $200.0M | $290.0M | ||
| Q3 24 | $200.0M | $287.3M | ||
| Q2 24 | $200.0M | $288.0M | ||
| Q1 24 | $200.0M | $288.8M |
| Q4 25 | $438.8M | $1.5B | ||
| Q3 25 | $402.1M | $1.5B | ||
| Q2 25 | $381.8M | $1.5B | ||
| Q1 25 | $356.5M | $1.5B | ||
| Q4 24 | $388.9M | $1.4B | ||
| Q3 24 | $372.1M | $1.4B | ||
| Q2 24 | $341.2M | $1.4B | ||
| Q1 24 | $320.3M | $1.4B |
| Q4 25 | $1.6B | $2.2B | ||
| Q3 25 | $1.6B | $2.1B | ||
| Q2 25 | $1.4B | $2.1B | ||
| Q1 25 | $1.4B | $2.1B | ||
| Q4 24 | $1.6B | $2.1B | ||
| Q3 24 | $1.6B | $2.1B | ||
| Q2 24 | $1.5B | $2.1B | ||
| Q1 24 | $1.5B | $2.1B |
| Q4 25 | 0.43× | 0.19× | ||
| Q3 25 | 0.47× | 0.19× | ||
| Q2 25 | 0.52× | 0.19× | ||
| Q1 25 | 0.56× | 0.20× | ||
| Q4 24 | 0.51× | 0.20× | ||
| Q3 24 | 0.54× | 0.20× | ||
| Q2 24 | 0.59× | 0.20× | ||
| Q1 24 | 0.62× | 0.20× |
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 | $172.0M | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $46.6M |
| 自由现金流率自由现金流/营收 | 51.2% | 12.2% |
| 资本支出强度资本支出/营收 | 0.1% | 2.9% |
| 现金转化率经营现金流/净利润 | 1.46× | 4.93× |
| 过去12个月自由现金流最近4个季度 | $420.6M | $110.0M |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | $57.6M | ||
| Q3 25 | $40.4M | $27.3M | ||
| Q2 25 | $50.9M | $64.4M | ||
| Q1 25 | $157.9M | $-3.1M | ||
| Q4 24 | $372.8M | $62.3M | ||
| Q3 24 | $112.8M | $22.7M | ||
| Q2 24 | $75.9M | $44.1M | ||
| Q1 24 | $147.0M | $-21.8M |
| Q4 25 | $171.6M | $46.6M | ||
| Q3 25 | $40.4M | $17.0M | ||
| Q2 25 | $50.9M | $56.6M | ||
| Q1 25 | $157.7M | $-10.3M | ||
| Q4 24 | $371.3M | $56.0M | ||
| Q3 24 | $112.4M | $17.7M | ||
| Q2 24 | $75.2M | $39.0M | ||
| Q1 24 | $146.9M | $-26.9M |
| Q4 25 | 51.2% | 12.2% | ||
| Q3 25 | 13.4% | 4.7% | ||
| Q2 25 | 18.0% | 16.4% | ||
| Q1 25 | 56.9% | -3.1% | ||
| Q4 24 | 125.0% | 17.2% | ||
| Q3 24 | 40.2% | 5.7% | ||
| Q2 24 | 27.8% | 12.5% | ||
| Q1 24 | 55.6% | -9.0% |
| Q4 25 | 0.1% | 2.9% | ||
| Q3 25 | 0.0% | 2.8% | ||
| Q2 25 | 0.0% | 2.2% | ||
| Q1 25 | 0.1% | 2.2% | ||
| Q4 24 | 0.5% | 1.9% | ||
| Q3 24 | 0.1% | 1.6% | ||
| Q2 24 | 0.2% | 1.6% | ||
| Q1 24 | 0.0% | 1.7% |
| Q4 25 | 1.46× | 4.93× | ||
| Q3 25 | 0.60× | 25.34× | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 2.58× | -4.36× | ||
| Q4 24 | 4.26× | — | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.32× | — | ||
| Q1 24 | 2.47× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
