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LifeStance Health Group, Inc.（LFST）与Mid-America Apartment Communities（MAA）财务数据对比。点击上方公司名可切换其他公司
Mid-America Apartment Communities的季度营收约是LifeStance Health Group, Inc.的1.4倍（$553.7M vs $382.2M），Mid-America Apartment Communities同比增速更快（438.7% vs 17.4%），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 0.7%）
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。
Mid-America Apartment Communities（股票代码：MAA）是一家公开上市的房地产投资信托基金，总部位于美国田纳西州孟菲斯市，核心业务为投资美国东南部及西南部地区的公寓物业，深耕美国高增长区域住宅不动产赛道，为股东创造稳定的长期投资回报。
LFST vs MAA — 直观对比
营收规模更大
MAA
是对方的1.4倍
$382.2M
营收增速更快
MAA
高出421.3%
17.4%
两年增速更快
LFST
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $553.7M |
| 净利润 | $11.7M | — |
| 毛利率 | — | — |
| 营业利润率 | 4.7% | — |
| 净利率 | 3.1% | — |
| 营收同比 | 17.4% | 438.7% |
| 净利润同比 | 264.1% | — |
| 每股收益（稀释后） | — | $4.34 |
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LFSTMAA
| Q1 26 | — | $553.7M | ||
| Q4 25 | $382.2M | $555.6M | ||
| Q3 25 | $363.8M | $554.4M | ||
| Q2 25 | $345.3M | $549.9M | ||
| Q1 25 | $333.0M | $549.3M | ||
| Q4 24 | $325.5M | $549.8M | ||
| Q3 24 | $312.7M | $551.1M | ||
| Q2 24 | $312.3M | $546.4M |
净利润LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | $11.7M | $57.6M | ||
| Q3 25 | $1.1M | $99.5M | ||
| Q2 25 | $-3.8M | $108.1M | ||
| Q1 25 | $709.0K | $181.7M | ||
| Q4 24 | $-7.1M | $166.6M | ||
| Q3 24 | $-6.0M | $115.2M | ||
| Q2 24 | $-23.3M | $102.0M |
营业利润率LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | 4.7% | 10.4% | ||
| Q3 25 | 2.0% | 18.7% | ||
| Q2 25 | -0.9% | 20.2% | ||
| Q1 25 | 0.5% | 34.0% | ||
| Q4 24 | 0.3% | 31.3% | ||
| Q3 24 | 0.0% | 21.5% | ||
| Q2 24 | -5.1% | 19.3% |
净利率LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | 3.1% | 10.4% | ||
| Q3 25 | 0.3% | 18.0% | ||
| Q2 25 | -1.1% | 19.7% | ||
| Q1 25 | 0.2% | 33.1% | ||
| Q4 24 | -2.2% | 30.3% | ||
| Q3 24 | -1.9% | 20.9% | ||
| Q2 24 | -7.5% | 18.7% |
每股收益（稀释后）LFSTMAA
| Q1 26 | — | $4.34 | ||
| Q4 25 | — | $0.48 | ||
| Q3 25 | — | $0.84 | ||
| Q2 25 | — | $0.92 | ||
| Q1 25 | — | $1.54 | ||
| Q4 24 | — | $1.43 | ||
| Q3 24 | — | $0.98 | ||
| Q2 24 | — | $0.86 |
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 | $282.8M | — |
| 股东权益账面价值 | $1.5B | — |
| 总资产 | $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LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | $248.6M | $60.3M | ||
| Q3 25 | $203.9M | $32.2M | ||
| Q2 25 | $188.9M | $54.5M | ||
| Q1 25 | $134.3M | $55.8M | ||
| Q4 24 | $154.6M | $43.0M | ||
| Q3 24 | $102.6M | $50.2M | ||
| Q2 24 | $87.0M | $62.8M |
总债务LFSTMAA
| 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LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $5.7B | ||
| Q3 25 | $1.5B | $5.8B | ||
| Q2 25 | $1.5B | $5.9B | ||
| Q1 25 | $1.5B | $5.9B | ||
| Q4 24 | $1.4B | $5.9B | ||
| Q3 24 | $1.4B | $5.9B | ||
| Q2 24 | $1.4B | $6.0B |
总资产LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $12.0B | ||
| Q3 25 | $2.1B | $11.9B | ||
| Q2 25 | $2.1B | $11.8B | ||
| Q1 25 | $2.1B | $11.8B | ||
| Q4 24 | $2.1B | $11.8B | ||
| Q3 24 | $2.1B | $11.8B | ||
| Q2 24 | $2.1B | $11.6B |
负债/权益比LFSTMAA
| 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 | $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LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | $57.6M | $261.7M | ||
| Q3 25 | $27.3M | $266.4M | ||
| Q2 25 | $64.4M | $353.4M | ||
| Q1 25 | $-3.1M | $196.6M | ||
| Q4 24 | $62.3M | $239.1M | ||
| Q3 24 | $22.7M | $309.5M | ||
| Q2 24 | $44.1M | $349.4M |
自由现金流LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | $46.6M | $158.6M | ||
| Q3 25 | $17.0M | $170.8M | ||
| Q2 25 | $56.6M | $264.5M | ||
| Q1 25 | $-10.3M | $124.0M | ||
| Q4 24 | $56.0M | $152.6M | ||
| Q3 24 | $17.7M | $215.5M | ||
| Q2 24 | $39.0M | $259.7M |
自由现金流率LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | 28.5% | ||
| Q3 25 | 4.7% | 30.8% | ||
| Q2 25 | 16.4% | 48.1% | ||
| Q1 25 | -3.1% | 22.6% | ||
| Q4 24 | 17.2% | 27.8% | ||
| Q3 24 | 5.7% | 39.1% | ||
| Q2 24 | 12.5% | 47.5% |
资本支出强度LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 18.6% | ||
| Q3 25 | 2.8% | 17.2% | ||
| Q2 25 | 2.2% | 16.2% | ||
| Q1 25 | 2.2% | 13.2% | ||
| Q4 24 | 1.9% | 15.7% | ||
| Q3 24 | 1.6% | 17.1% | ||
| Q2 24 | 1.6% | 16.4% |
现金转化率LFSTMAA
| Q1 26 | — | — | ||
| Q4 25 | 4.93× | 4.55× | ||
| Q3 25 | 25.34× | 2.68× | ||
| Q2 25 | — | 3.27× | ||
| Q1 25 | -4.36× | 1.08× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 3.43× |
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
LFST
暂无分部数据
MAA
| Same Store Communities | $517.0M | 93% |
| Non-Same Store Communities | $22.1M | 4% |
| Lease-up/Development Communities | $7.7M | 1% |
| Commercial Property/Land | $7.0M | 1% |
