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Hayward Holdings, Inc.（HAYW）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Hayward Holdings, Inc.的1.5倍（$382.2M vs $255.2M），Hayward Holdings, Inc.净利率更高（9.2% vs 3.1%，领先6.1%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 11.5%），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs -5.3%）
海沃德控股前身为巴特利特-海沃德公司，是美国本土金属加工企业，总部位于马里兰州巴尔的摩，业务涵盖大型铸造、制造及工程建造板块。公司创立于19世纪30年代，1925年之前保持独立运营，1927年被科伯斯公司收购，之后长期作为其旗下事业部开展业务。
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。
HAYW vs LFST — 直观对比
营收规模更大
LFST
是对方的1.5倍
$255.2M
营收增速更快
LFST
高出5.9%
11.5%
净利率更高
HAYW
高出6.1%
3.1%
两年增速更快
LFST
近两年复合增速
-5.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $255.2M | $382.2M |
| 净利润 | $23.4M | $11.7M |
| 毛利率 | 46.5% | — |
| 营业利润率 | 16.6% | 4.7% |
| 净利率 | 9.2% | 3.1% |
| 营收同比 | 11.5% | 17.4% |
| 净利润同比 | 63.0% | 264.1% |
| 每股收益（稀释后） | $0.11 | — |
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HAYWLFST
| Q1 26 | $255.2M | — | ||
| Q4 25 | $349.4M | $382.2M | ||
| Q3 25 | $244.3M | $363.8M | ||
| Q2 25 | $299.6M | $345.3M | ||
| Q1 25 | $228.8M | $333.0M | ||
| Q4 24 | $327.1M | $325.5M | ||
| Q3 24 | $227.6M | $312.7M | ||
| Q2 24 | $284.4M | $312.3M |
净利润HAYWLFST
| Q1 26 | $23.4M | — | ||
| Q4 25 | $68.4M | $11.7M | ||
| Q3 25 | $24.0M | $1.1M | ||
| Q2 25 | $44.8M | $-3.8M | ||
| Q1 25 | $14.3M | $709.0K | ||
| Q4 24 | $54.7M | $-7.1M | ||
| Q3 24 | $16.5M | $-6.0M | ||
| Q2 24 | $37.6M | $-23.3M |
毛利率HAYWLFST
| Q1 26 | 46.5% | — | ||
| Q4 25 | 40.7% | — | ||
| Q3 25 | 51.2% | — | ||
| Q2 25 | 52.7% | — | ||
| Q1 25 | 49.5% | — | ||
| Q4 24 | 51.4% | — | ||
| Q3 24 | 49.7% | — | ||
| Q2 24 | 51.0% | — |
营业利润率HAYWLFST
| Q1 26 | 16.6% | — | ||
| Q4 25 | 25.0% | 4.7% | ||
| Q3 25 | 16.8% | 2.0% | ||
| Q2 25 | 23.8% | -0.9% | ||
| Q1 25 | 14.6% | 0.5% | ||
| Q4 24 | 23.4% | 0.3% | ||
| Q3 24 | 14.7% | 0.0% | ||
| Q2 24 | 23.9% | -5.1% |
净利率HAYWLFST
| Q1 26 | 9.2% | — | ||
| Q4 25 | 19.6% | 3.1% | ||
| Q3 25 | 9.8% | 0.3% | ||
| Q2 25 | 15.0% | -1.1% | ||
| Q1 25 | 6.3% | 0.2% | ||
| Q4 24 | 16.7% | -2.2% | ||
| Q3 24 | 7.3% | -1.9% | ||
| Q2 24 | 13.2% | -7.5% |
每股收益（稀释后）HAYWLFST
| Q1 26 | $0.11 | — | ||
| Q4 25 | $0.31 | — | ||
| Q3 25 | $0.11 | — | ||
| Q2 25 | $0.20 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $0.26 | — | ||
| Q3 24 | $0.07 | — | ||
| Q2 24 | $0.17 | — |
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 | $230.7M | $248.6M |
| 总债务越低越好 | $11.1M | $282.8M |
| 股东权益账面价值 | $1.6B | $1.5B |
| 总资产 | $3.1B | $2.2B |
| 负债/权益比越低杠杆越低 | 0.01× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资HAYWLFST
| Q1 26 | $230.7M | — | ||
| Q4 25 | $399.1M | $248.6M | ||
| Q3 25 | $448.3M | $203.9M | ||
| Q2 25 | $365.1M | $188.9M | ||
| Q1 25 | $181.3M | $134.3M | ||
| Q4 24 | $196.6M | $154.6M | ||
| Q3 24 | $274.2M | $102.6M | ||
| Q2 24 | $215.1M | $87.0M |
总债务HAYWLFST
| Q1 26 | $11.1M | — | ||
| Q4 25 | $943.5M | $282.8M | ||
| Q3 25 | $947.7M | $284.6M | ||
| Q2 25 | $949.1M | $286.4M | ||
| Q1 25 | $950.4M | $288.2M | ||
| Q4 24 | $950.6M | $290.0M | ||
| Q3 24 | $959.9M | $287.3M | ||
| Q2 24 | $959.8M | $288.0M |
股东权益HAYWLFST
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.5B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.4B | $1.4B |
总资产HAYWLFST
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.2B | $2.2B | ||
| Q3 25 | $3.0B | $2.1B | ||
| Q2 25 | $3.0B | $2.1B | ||
| Q1 25 | $3.0B | $2.1B | ||
| Q4 24 | $3.0B | $2.1B | ||
| Q3 24 | $2.9B | $2.1B | ||
| Q2 24 | $2.9B | $2.1B |
负债/权益比HAYWLFST
| Q1 26 | 0.01× | — | ||
| Q4 25 | 0.59× | 0.19× | ||
| Q3 25 | 0.62× | 0.19× | ||
| Q2 25 | 0.63× | 0.19× | ||
| Q1 25 | 0.66× | 0.20× | ||
| Q4 24 | 0.67× | 0.20× | ||
| Q3 24 | 0.70× | 0.20× | ||
| Q2 24 | 0.71× | 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 | $-150.6M | $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 | -6.45× | 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HAYWLFST
| Q1 26 | $-150.6M | — | ||
| Q4 25 | $-26.9M | $57.6M | ||
| Q3 25 | $94.6M | $27.3M | ||
| Q2 25 | $194.2M | $64.4M | ||
| Q1 25 | $-5.8M | $-3.1M | ||
| Q4 24 | $-63.7M | $62.3M | ||
| Q3 24 | $65.9M | $22.7M | ||
| Q2 24 | $287.0M | $44.1M |
自由现金流HAYWLFST
| Q1 26 | — | — | ||
| Q4 25 | $-35.8M | $46.6M | ||
| Q3 25 | $87.2M | $17.0M | ||
| Q2 25 | $187.3M | $56.6M | ||
| Q1 25 | $-11.4M | $-10.3M | ||
| Q4 24 | $-70.4M | $56.0M | ||
| Q3 24 | $59.1M | $17.7M | ||
| Q2 24 | $282.3M | $39.0M |
自由现金流率HAYWLFST
| Q1 26 | — | — | ||
| Q4 25 | -10.3% | 12.2% | ||
| Q3 25 | 35.7% | 4.7% | ||
| Q2 25 | 62.5% | 16.4% | ||
| Q1 25 | -5.0% | -3.1% | ||
| Q4 24 | -21.5% | 17.2% | ||
| Q3 24 | 26.0% | 5.7% | ||
| Q2 24 | 99.3% | 12.5% |
资本支出强度HAYWLFST
| Q1 26 | — | — | ||
| Q4 25 | 2.5% | 2.9% | ||
| Q3 25 | 3.0% | 2.8% | ||
| Q2 25 | 2.3% | 2.2% | ||
| Q1 25 | 2.4% | 2.2% | ||
| Q4 24 | 2.1% | 1.9% | ||
| Q3 24 | 3.0% | 1.6% | ||
| Q2 24 | 1.7% | 1.6% |
现金转化率HAYWLFST
| Q1 26 | -6.45× | — | ||
| Q4 25 | -0.39× | 4.93× | ||
| Q3 25 | 3.94× | 25.34× | ||
| Q2 25 | 4.34× | — | ||
| Q1 25 | -0.41× | -4.36× | ||
| Q4 24 | -1.16× | — | ||
| Q3 24 | 4.00× | — | ||
| Q2 24 | 7.64× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
