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Federal Realty Investment Trust（FRT）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Federal Realty Investment Trust的1.1倍（$382.2M vs $336.0M），Federal Realty Investment Trust净利率更高（38.6% vs 3.1%，领先35.6%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 8.7%），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 6.5%）
Federal Realty Investment Trust是一家专业房地产投资信托基金，核心投资标的为购物中心类商业物业，资产布局覆盖美国东北部、大西洋中部地区、加利福尼亚州及南佛罗里达区域，在当地商业不动产投资领域拥有丰富的运营经验。
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。
FRT vs LFST — 直观对比
营收规模更大
LFST
是对方的1.1倍
$336.0M
营收增速更快
LFST
高出8.7%
8.7%
净利率更高
FRT
高出35.6%
3.1%
两年增速更快
LFST
近两年复合增速
6.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $336.0M | $382.2M |
| 净利润 | $129.7M | $11.7M |
| 毛利率 | — | — |
| 营业利润率 | 53.8% | 4.7% |
| 净利率 | 38.6% | 3.1% |
| 营收同比 | 8.7% | 17.4% |
| 净利润同比 | 103.5% | 264.1% |
| 每股收益（稀释后） | $1.49 | — |
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FRTLFST
| Q1 26 | $336.0M | — | ||
| Q4 25 | $336.0M | $382.2M | ||
| Q3 25 | $322.3M | $363.8M | ||
| Q2 25 | $311.5M | $345.3M | ||
| Q1 25 | $309.2M | $333.0M | ||
| Q4 24 | $311.4M | $325.5M | ||
| Q3 24 | $303.6M | $312.7M | ||
| Q2 24 | $296.1M | $312.3M |
净利润FRTLFST
| Q1 26 | $129.7M | — | ||
| Q4 25 | $129.7M | $11.7M | ||
| Q3 25 | $61.6M | $1.1M | ||
| Q2 25 | $155.9M | $-3.8M | ||
| Q1 25 | $63.8M | $709.0K | ||
| Q4 24 | $65.5M | $-7.1M | ||
| Q3 24 | $61.0M | $-6.0M | ||
| Q2 24 | $112.0M | $-23.3M |
营业利润率FRTLFST
| Q1 26 | 53.8% | — | ||
| Q4 25 | 53.8% | 4.7% | ||
| Q3 25 | 34.3% | 2.0% | ||
| Q2 25 | 65.1% | -0.9% | ||
| Q1 25 | 35.0% | 0.5% | ||
| Q4 24 | 35.1% | 0.3% | ||
| Q3 24 | 34.9% | 0.0% | ||
| Q2 24 | 53.0% | -5.1% |
净利率FRTLFST
| Q1 26 | 38.6% | — | ||
| Q4 25 | 38.6% | 3.1% | ||
| Q3 25 | 19.1% | 0.3% | ||
| Q2 25 | 50.0% | -1.1% | ||
| Q1 25 | 20.6% | 0.2% | ||
| Q4 24 | 21.0% | -2.2% | ||
| Q3 24 | 20.1% | -1.9% | ||
| Q2 24 | 37.8% | -7.5% |
每股收益（稀释后）FRTLFST
| Q1 26 | $1.49 | — | ||
| Q4 25 | $1.49 | — | ||
| Q3 25 | $0.69 | — | ||
| Q2 25 | $1.78 | — | ||
| Q1 25 | $0.72 | — | ||
| Q4 24 | $0.74 | — | ||
| Q3 24 | $0.70 | — | ||
| Q2 24 | $1.32 | — |
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 | $107.4M | $248.6M |
| 总债务越低越好 | $5.0B | $282.8M |
| 股东权益账面价值 | $3.2B | $1.5B |
| 总资产 | $9.1B | $2.2B |
| 负债/权益比越低杠杆越低 | 1.53× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资FRTLFST
| Q1 26 | $107.4M | — | ||
| Q4 25 | $107.4M | $248.6M | ||
| Q3 25 | $111.3M | $203.9M | ||
| Q2 25 | $177.0M | $188.9M | ||
| Q1 25 | $109.2M | $134.3M | ||
| Q4 24 | $123.4M | $154.6M | ||
| Q3 24 | $97.0M | $102.6M | ||
| Q2 24 | $103.2M | $87.0M |
总债务FRTLFST
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $282.8M | ||
| Q3 25 | — | $284.6M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | — | $288.2M | ||
| Q4 24 | $4.5B | $290.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $288.0M |
股东权益FRTLFST
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $1.5B | ||
| Q3 25 | $3.2B | $1.5B | ||
| Q2 25 | $3.2B | $1.5B | ||
| Q1 25 | $3.2B | $1.5B | ||
| Q4 24 | $3.2B | $1.4B | ||
| Q3 24 | $3.1B | $1.4B | ||
| Q2 24 | $3.0B | $1.4B |
总资产FRTLFST
| Q1 26 | $9.1B | — | ||
| Q4 25 | $9.1B | $2.2B | ||
| Q3 25 | $8.9B | $2.1B | ||
| Q2 25 | $8.6B | $2.1B | ||
| Q1 25 | $8.6B | $2.1B | ||
| Q4 24 | $8.5B | $2.1B | ||
| Q3 24 | $8.5B | $2.1B | ||
| Q2 24 | $8.4B | $2.1B |
负债/权益比FRTLFST
| Q1 26 | 1.53× | — | ||
| Q4 25 | 1.53× | 0.19× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | 1.42× | 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 | — | $57.6M |
| 自由现金流经营现金流 - 资本支出 | — | $46.6M |
| 自由现金流率自由现金流/营收 | — | 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 | — | 4.93× |
| 过去12个月自由现金流最近4个季度 | — | $110.0M |
8季度趋势，按日历期对齐
经营现金流FRTLFST
| Q1 26 | — | — | ||
| Q4 25 | $622.4M | $57.6M | ||
| Q3 25 | $147.8M | $27.3M | ||
| Q2 25 | $150.7M | $64.4M | ||
| Q1 25 | $179.0M | $-3.1M | ||
| Q4 24 | $574.6M | $62.3M | ||
| Q3 24 | $144.1M | $22.7M | ||
| Q2 24 | $169.7M | $44.1M |
自由现金流FRTLFST
| Q1 26 | — | — | ||
| Q4 25 | — | $46.6M | ||
| Q3 25 | — | $17.0M | ||
| Q2 25 | — | $56.6M | ||
| Q1 25 | — | $-10.3M | ||
| Q4 24 | — | $56.0M | ||
| Q3 24 | — | $17.7M | ||
| Q2 24 | — | $39.0M |
自由现金流率FRTLFST
| Q1 26 | — | — | ||
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 16.4% | ||
| Q1 25 | — | -3.1% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | — | 5.7% | ||
| Q2 24 | — | 12.5% |
资本支出强度FRTLFST
| Q1 26 | — | — | ||
| Q4 25 | — | 2.9% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 1.6% |
现金转化率FRTLFST
| Q1 26 | — | — | ||
| Q4 25 | 4.80× | 4.93× | ||
| Q3 25 | 2.40× | 25.34× | ||
| Q2 25 | 0.97× | — | ||
| Q1 25 | 2.81× | -4.36× | ||
| Q4 24 | 8.77× | — | ||
| Q3 24 | 2.36× | — | ||
| Q2 24 | 1.52× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
