vs
BGC Group, Inc.（BGC）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
BGC Group, Inc.的季度营收约是LifeStance Health Group, Inc.的1.7倍（$638.6M vs $382.2M），LifeStance Health Group, Inc.净利率更高（3.1% vs 2.3%，领先0.8%），BGC Group, Inc.同比增速更快（34.4% vs 17.4%），BGC Group, Inc.自由现金流更多（$175.1M vs $46.6M），过去两年BGC Group, Inc.的营收复合增速更高（18.7% vs 12.8%）
BGC集团是一家总部位于纽约和伦敦的美国全球性金融服务企业，最初隶属于康托·菲茨杰拉德集团，2004年正式独立运营，业务范围覆盖全球金融市场相关服务领域。
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。
BGC vs LFST — 直观对比
营收规模更大
BGC
是对方的1.7倍
$382.2M
营收增速更快
BGC
高出17.0%
17.4%
净利率更高
LFST
高出0.8%
2.3%
自由现金流更多
BGC
多$128.5M
$46.6M
两年增速更快
BGC
近两年复合增速
12.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $638.6M | $382.2M |
| 净利润 | $14.4M | $11.7M |
| 毛利率 | — | — |
| 营业利润率 | 3.9% | 4.7% |
| 净利率 | 2.3% | 3.1% |
| 营收同比 | 34.4% | 17.4% |
| 净利润同比 | -43.0% | 264.1% |
| 每股收益（稀释后） | $0.03 | — |
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BGCLFST
| Q4 25 | $638.6M | $382.2M | ||
| Q3 25 | $620.8M | $363.8M | ||
| Q2 25 | $648.0M | $345.3M | ||
| Q1 25 | $534.6M | $333.0M | ||
| Q4 24 | $475.2M | $325.5M | ||
| Q3 24 | $448.9M | $312.7M | ||
| Q2 24 | $435.0M | $312.3M | ||
| Q1 24 | $453.6M | $300.4M |
净利润BGCLFST
| Q4 25 | $14.4M | $11.7M | ||
| Q3 25 | $27.9M | $1.1M | ||
| Q2 25 | $57.5M | $-3.8M | ||
| Q1 25 | $55.2M | $709.0K | ||
| Q4 24 | $25.2M | $-7.1M | ||
| Q3 24 | $14.7M | $-6.0M | ||
| Q2 24 | $37.8M | $-23.3M | ||
| Q1 24 | $49.2M | $-21.1M |
营业利润率BGCLFST
| Q4 25 | 3.9% | 4.7% | ||
| Q3 25 | 5.4% | 2.0% | ||
| Q2 25 | 11.6% | -0.9% | ||
| Q1 25 | 15.0% | 0.5% | ||
| Q4 24 | 5.7% | 0.3% | ||
| Q3 24 | 4.4% | 0.0% | ||
| Q2 24 | 12.7% | -5.1% | ||
| Q1 24 | 15.7% | -5.6% |
净利率BGCLFST
| Q4 25 | 2.3% | 3.1% | ||
| Q3 25 | 4.5% | 0.3% | ||
| Q2 25 | 8.9% | -1.1% | ||
| Q1 25 | 10.3% | 0.2% | ||
| Q4 24 | 5.3% | -2.2% | ||
| Q3 24 | 3.3% | -1.9% | ||
| Q2 24 | 8.7% | -7.5% | ||
| Q1 24 | 10.8% | -7.0% |
每股收益（稀释后）BGCLFST
| Q4 25 | $0.03 | — | ||
| Q3 25 | $0.06 | — | ||
| Q2 25 | $0.11 | — | ||
| Q1 25 | $0.11 | — | ||
| Q4 24 | $0.04 | — | ||
| Q3 24 | $0.03 | — | ||
| Q2 24 | $0.08 | — | ||
| Q1 24 | $0.10 | — |
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 | $851.5M | $248.6M |
| 总债务越低越好 | $1.5B | $282.8M |
| 股东权益账面价值 | $972.5M | $1.5B |
| 总资产 | $4.4B | $2.2B |
| 负债/权益比越低杠杆越低 | 1.58× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资BGCLFST
| Q4 25 | $851.5M | $248.6M | ||
| Q3 25 | $774.9M | $203.9M | ||
| Q2 25 | $827.8M | $188.9M | ||
| Q1 25 | $966.4M | $134.3M | ||
| Q4 24 | $711.6M | $154.6M | ||
| Q3 24 | $563.5M | $102.6M | ||
| Q2 24 | $571.7M | $87.0M | ||
| Q1 24 | $566.8M | $49.5M |
总债务BGCLFST
| Q4 25 | $1.5B | $282.8M | ||
| Q3 25 | $1.8B | $284.6M | ||
| Q2 25 | $1.8B | $286.4M | ||
| Q1 25 | $1.1B | $288.2M | ||
| Q4 24 | $1.1B | $290.0M | ||
| Q3 24 | $1.4B | $287.3M | ||
| Q2 24 | $1.4B | $288.0M | ||
| Q1 24 | $945.0M | $288.8M |
股东权益BGCLFST
| Q4 25 | $972.5M | $1.5B | ||
| Q3 25 | $965.3M | $1.5B | ||
| Q2 25 | $930.5M | $1.5B | ||
| Q1 25 | $963.8M | $1.5B | ||
| Q4 24 | $898.5M | $1.4B | ||
| Q3 24 | $860.1M | $1.4B | ||
| Q2 24 | $858.1M | $1.4B | ||
| Q1 24 | $912.1M | $1.4B |
总资产BGCLFST
| Q4 25 | $4.4B | $2.2B | ||
| Q3 25 | $5.8B | $2.1B | ||
| Q2 25 | $4.9B | $2.1B | ||
| Q1 25 | $4.9B | $2.1B | ||
| Q4 24 | $3.6B | $2.1B | ||
| Q3 24 | $4.4B | $2.1B | ||
| Q2 24 | $4.3B | $2.1B | ||
| Q1 24 | $4.4B | $2.1B |
负债/权益比BGCLFST
| Q4 25 | 1.58× | 0.19× | ||
| Q3 25 | 1.90× | 0.19× | ||
| Q2 25 | 1.97× | 0.19× | ||
| Q1 25 | 1.19× | 0.20× | ||
| Q4 24 | 1.27× | 0.20× | ||
| Q3 24 | 1.68× | 0.20× | ||
| Q2 24 | 1.68× | 0.20× | ||
| Q1 24 | 1.04× | 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 | $180.4M | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $175.1M | $46.6M |
| 自由现金流率自由现金流/营收 | 27.4% | 12.2% |
| 资本支出强度资本支出/营收 | 0.8% | 2.9% |
| 现金转化率经营现金流/净利润 | 12.55× | 4.93× |
| 过去12个月自由现金流最近4个季度 | $372.9M | $110.0M |
8季度趋势，按日历期对齐
经营现金流BGCLFST
| Q4 25 | $180.4M | $57.6M | ||
| Q3 25 | $141.9M | $27.3M | ||
| Q2 25 | $71.2M | $64.4M | ||
| Q1 25 | $839.0K | $-3.1M | ||
| Q4 24 | $251.9M | $62.3M | ||
| Q3 24 | $88.3M | $22.7M | ||
| Q2 24 | $-53.0M | $44.1M | ||
| Q1 24 | $28.1M | $-21.8M |
自由现金流BGCLFST
| Q4 25 | $175.1M | $46.6M | ||
| Q3 25 | $137.2M | $17.0M | ||
| Q2 25 | $65.0M | $56.6M | ||
| Q1 25 | $-4.4M | $-10.3M | ||
| Q4 24 | $245.6M | $56.0M | ||
| Q3 24 | $78.8M | $17.7M | ||
| Q2 24 | $-63.5M | $39.0M | ||
| Q1 24 | $24.9M | $-26.9M |
自由现金流率BGCLFST
| Q4 25 | 27.4% | 12.2% | ||
| Q3 25 | 22.1% | 4.7% | ||
| Q2 25 | 10.0% | 16.4% | ||
| Q1 25 | -0.8% | -3.1% | ||
| Q4 24 | 51.7% | 17.2% | ||
| Q3 24 | 17.5% | 5.7% | ||
| Q2 24 | -14.6% | 12.5% | ||
| Q1 24 | 5.5% | -9.0% |
资本支出强度BGCLFST
| Q4 25 | 0.8% | 2.9% | ||
| Q3 25 | 0.8% | 2.8% | ||
| Q2 25 | 1.0% | 2.2% | ||
| Q1 25 | 1.0% | 2.2% | ||
| Q4 24 | 1.3% | 1.9% | ||
| Q3 24 | 2.1% | 1.6% | ||
| Q2 24 | 2.4% | 1.6% | ||
| Q1 24 | 0.7% | 1.7% |
现金转化率BGCLFST
| Q4 25 | 12.55× | 4.93× | ||
| Q3 25 | 5.09× | 25.34× | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 0.02× | -4.36× | ||
| Q4 24 | 9.99× | — | ||
| Q3 24 | 5.99× | — | ||
| Q2 24 | -1.40× | — | ||
| Q1 24 | 0.57× | — |
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
BGC
| Commissions | $590.2M | 92% |
| Data Software And Post Trade | $36.7M | 6% |
| Fees From Related Parties | $4.6M | 1% |
LFST
暂无分部数据
