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CBIZ, Inc.（CBZ）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
CBIZ, Inc.的季度营收约是LifeStance Health Group, Inc.的2.2倍（$848.6M vs $382.2M），CBIZ, Inc.净利率更高（19.0% vs 3.1%，领先16.0%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 1.3%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $-28.5M），过去两年CBIZ, Inc.的营收复合增速更高（42.1% vs 12.8%）
CBIZ, Inc.是美国知名的金融、保险及咨询服务提供商，总部位于俄亥俄州独立市，为美国规模最大的会计、保险经纪、金融与咨询服务机构之一。集团在全美设有120多个办事处，拥有近7000名员工，1996年起在纽交所上市，1997年起使用股票代码CBZ交易。
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。
CBZ vs LFST — 直观对比
营收规模更大
CBZ
是对方的2.2倍
$382.2M
营收增速更快
LFST
高出16.2%
1.3%
净利率更高
CBZ
高出16.0%
3.1%
自由现金流更多
LFST
多$75.2M
$-28.5M
两年增速更快
CBZ
近两年复合增速
12.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $848.6M | $382.2M |
| 净利润 | $161.6M | $11.7M |
| 毛利率 | — | — |
| 营业利润率 | 23.2% | 4.7% |
| 净利率 | 19.0% | 3.1% |
| 营收同比 | 1.3% | 17.4% |
| 净利润同比 | — | 264.1% |
| 每股收益（稀释后） | $2.63 | — |
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CBZLFST
| Q1 26 | $848.6M | — | ||
| Q4 25 | $542.7M | $382.2M | ||
| Q3 25 | $693.8M | $363.8M | ||
| Q2 25 | $683.5M | $345.3M | ||
| Q1 25 | $838.0M | $333.0M | ||
| Q4 24 | $460.3M | $325.5M | ||
| Q3 24 | $438.9M | $312.7M | ||
| Q2 24 | $420.0M | $312.3M |
净利润CBZLFST
| Q1 26 | $161.6M | — | ||
| Q4 25 | $-79.4M | $11.7M | ||
| Q3 25 | $30.1M | $1.1M | ||
| Q2 25 | $41.9M | $-3.8M | ||
| Q1 25 | $122.8M | $709.0K | ||
| Q4 24 | $-90.7M | $-7.1M | ||
| Q3 24 | $35.1M | $-6.0M | ||
| Q2 24 | $19.8M | $-23.3M |
毛利率CBZLFST
| Q1 26 | — | — | ||
| Q4 25 | -9.4% | — | ||
| Q3 25 | 13.0% | — | ||
| Q2 25 | 12.9% | — | ||
| Q1 25 | 27.2% | — | ||
| Q4 24 | -13.4% | — | ||
| Q3 24 | 16.6% | — | ||
| Q2 24 | 12.8% | — |
营业利润率CBZLFST
| Q1 26 | 23.2% | — | ||
| Q4 25 | -15.7% | 4.7% | ||
| Q3 25 | 8.5% | 2.0% | ||
| Q2 25 | 8.8% | -0.9% | ||
| Q1 25 | 23.9% | 0.5% | ||
| Q4 24 | -23.2% | 0.3% | ||
| Q3 24 | 11.3% | 0.0% | ||
| Q2 24 | 7.5% | -5.1% |
净利率CBZLFST
| Q1 26 | 19.0% | — | ||
| Q4 25 | -14.6% | 3.1% | ||
| Q3 25 | 4.3% | 0.3% | ||
| Q2 25 | 6.1% | -1.1% | ||
| Q1 25 | 14.7% | 0.2% | ||
| Q4 24 | -19.7% | -2.2% | ||
| Q3 24 | 8.0% | -1.9% | ||
| Q2 24 | 4.7% | -7.5% |
每股收益（稀释后）CBZLFST
| Q1 26 | $2.63 | — | ||
| Q4 25 | $-1.22 | — | ||
| Q3 25 | $0.48 | — | ||
| Q2 25 | $0.66 | — | ||
| Q1 25 | $1.91 | — | ||
| Q4 24 | $-1.84 | — | ||
| Q3 24 | $0.70 | — | ||
| Q2 24 | $0.39 | — |
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 | $28.7M | $248.6M |
| 总债务越低越好 | — | $282.8M |
| 股东权益账面价值 | $1.9B | $1.5B |
| 总资产 | $4.6B | $2.2B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资CBZLFST
| Q1 26 | $28.7M | — | ||
| Q4 25 | $18.3M | $248.6M | ||
| Q3 25 | $17.0M | $203.9M | ||
| Q2 25 | $39.8M | $188.9M | ||
| Q1 25 | $8.8M | $134.3M | ||
| Q4 24 | $13.8M | $154.6M | ||
| Q3 24 | $1.1M | $102.6M | ||
| Q2 24 | $1.1M | $87.0M |
总债务CBZLFST
| Q1 26 | — | — | ||
| Q4 25 | — | $282.8M | ||
| Q3 25 | — | $284.6M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | — | $288.2M | ||
| Q4 24 | — | $290.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $288.0M |
股东权益CBZLFST
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $1.5B | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $1.9B | $1.5B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $927.9M | $1.4B | ||
| Q2 24 | $891.4M | $1.4B |
总资产CBZLFST
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.4B | $2.2B | ||
| Q3 25 | $4.5B | $2.1B | ||
| Q2 25 | $4.5B | $2.1B | ||
| Q1 25 | $4.6B | $2.1B | ||
| Q4 24 | $4.5B | $2.1B | ||
| Q3 24 | $2.1B | $2.1B | ||
| Q2 24 | $2.2B | $2.1B |
负债/权益比CBZLFST
| Q1 26 | — | — | ||
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 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 | $-25.5M | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $-28.5M | $46.6M |
| 自由现金流率自由现金流/营收 | -3.4% | 12.2% |
| 资本支出强度资本支出/营收 | — | 2.9% |
| 现金转化率经营现金流/净利润 | -0.16× | 4.93× |
| 过去12个月自由现金流最近4个季度 | $240.5M | $110.0M |
8季度趋势，按日历期对齐
经营现金流CBZLFST
| Q1 26 | $-25.5M | — | ||
| Q4 25 | $143.6M | $57.6M | ||
| Q3 25 | $24.0M | $27.3M | ||
| Q2 25 | $113.1M | $64.4M | ||
| Q1 25 | $-88.3M | $-3.1M | ||
| Q4 24 | $55.5M | $62.3M | ||
| Q3 24 | $43.7M | $22.7M | ||
| Q2 24 | $88.2M | $44.1M |
自由现金流CBZLFST
| Q1 26 | $-28.5M | — | ||
| Q4 25 | $141.7M | $46.6M | ||
| Q3 25 | $22.1M | $17.0M | ||
| Q2 25 | $105.2M | $56.6M | ||
| Q1 25 | $-93.4M | $-10.3M | ||
| Q4 24 | $52.3M | $56.0M | ||
| Q3 24 | $41.1M | $17.7M | ||
| Q2 24 | $86.3M | $39.0M |
自由现金流率CBZLFST
| Q1 26 | -3.4% | — | ||
| Q4 25 | 26.1% | 12.2% | ||
| Q3 25 | 3.2% | 4.7% | ||
| Q2 25 | 15.4% | 16.4% | ||
| Q1 25 | -11.2% | -3.1% | ||
| Q4 24 | 11.4% | 17.2% | ||
| Q3 24 | 9.4% | 5.7% | ||
| Q2 24 | 20.5% | 12.5% |
资本支出强度CBZLFST
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 2.9% | ||
| Q3 25 | 0.3% | 2.8% | ||
| Q2 25 | 1.2% | 2.2% | ||
| Q1 25 | 0.6% | 2.2% | ||
| Q4 24 | 0.7% | 1.9% | ||
| Q3 24 | 0.6% | 1.6% | ||
| Q2 24 | 0.4% | 1.6% |
现金转化率CBZLFST
| Q1 26 | -0.16× | — | ||
| Q4 25 | — | 4.93× | ||
| Q3 25 | 0.79× | 25.34× | ||
| Q2 25 | 2.70× | — | ||
| Q1 25 | -0.72× | -4.36× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 4.45× | — |
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
CBZ
| Financial Services (1) | $740.3M | 87% |
| Benefits and Insurance Services | $108.2M | 13% |
LFST
暂无分部数据
