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LifeStance Health Group, Inc.（LFST）与玛斯特锁（MBC）财务数据对比。点击上方公司名可切换其他公司
玛斯特锁的季度营收约是LifeStance Health Group, Inc.的1.7倍（$644.6M vs $382.2M），LifeStance Health Group, Inc.净利率更高（3.1% vs -6.5%，领先9.6%），LifeStance Health Group, Inc.同比增速更快（17.4% vs -3.5%），玛斯特锁自由现金流更多（$52.5M vs $46.6M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 0.5%）
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。
玛斯特锁是美国知名安防产品供应商，1921年由锁匠发明家哈里·索雷夫创立，总部位于威斯康星州奥克里克，主营挂锁、密码锁、保险箱及相关安防产品，现为富俊创新集团旗下子公司，在全球安防锁具领域拥有较高的市场认可度。
LFST vs MBC — 直观对比
营收规模更大
MBC
是对方的1.7倍
$382.2M
营收增速更快
LFST
高出20.9%
-3.5%
净利率更高
LFST
高出9.6%
-6.5%
自由现金流更多
MBC
多$5.9M
$46.6M
两年增速更快
LFST
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $644.6M |
| 净利润 | $11.7M | $-42.0M |
| 毛利率 | — | 26.0% |
| 营业利润率 | 4.7% | -4.2% |
| 净利率 | 3.1% | -6.5% |
| 营收同比 | 17.4% | -3.5% |
| 净利润同比 | 264.1% | -400.0% |
| 每股收益（稀释后） | — | $-0.32 |
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LFSTMBC
| Q4 25 | $382.2M | $644.6M | ||
| Q3 25 | $363.8M | $698.9M | ||
| Q2 25 | $345.3M | $730.9M | ||
| Q1 25 | $333.0M | $660.3M | ||
| Q4 24 | $325.5M | $667.7M | ||
| Q3 24 | $312.7M | $718.1M | ||
| Q2 24 | $312.3M | $676.5M | ||
| Q1 24 | $300.4M | $638.1M |
净利润LFSTMBC
| Q4 25 | $11.7M | $-42.0M | ||
| Q3 25 | $1.1M | $18.1M | ||
| Q2 25 | $-3.8M | $37.3M | ||
| Q1 25 | $709.0K | $13.3M | ||
| Q4 24 | $-7.1M | $14.0M | ||
| Q3 24 | $-6.0M | $29.1M | ||
| Q2 24 | $-23.3M | $45.3M | ||
| Q1 24 | $-21.1M | $37.5M |
毛利率LFSTMBC
| Q4 25 | — | 26.0% | ||
| Q3 25 | — | 31.2% | ||
| Q2 25 | — | 32.8% | ||
| Q1 25 | — | 30.6% | ||
| Q4 24 | — | 30.4% | ||
| Q3 24 | — | 33.1% | ||
| Q2 24 | — | 34.1% | ||
| Q1 24 | — | 32.1% |
营业利润率LFSTMBC
| Q4 25 | 4.7% | -4.2% | ||
| Q3 25 | 2.0% | 6.0% | ||
| Q2 25 | -0.9% | 9.2% | ||
| Q1 25 | 0.5% | 5.6% | ||
| Q4 24 | 0.3% | 5.6% | ||
| Q3 24 | 0.0% | 8.0% | ||
| Q2 24 | -5.1% | 11.5% | ||
| Q1 24 | -5.6% | 9.8% |
净利率LFSTMBC
| Q4 25 | 3.1% | -6.5% | ||
| Q3 25 | 0.3% | 2.6% | ||
| Q2 25 | -1.1% | 5.1% | ||
| Q1 25 | 0.2% | 2.0% | ||
| Q4 24 | -2.2% | 2.1% | ||
| Q3 24 | -1.9% | 4.1% | ||
| Q2 24 | -7.5% | 6.7% | ||
| Q1 24 | -7.0% | 5.9% |
每股收益（稀释后）LFSTMBC
| Q4 25 | — | $-0.32 | ||
| Q3 25 | — | $0.14 | ||
| Q2 25 | — | $0.29 | ||
| Q1 25 | — | $0.10 | ||
| Q4 24 | — | $0.10 | ||
| Q3 24 | — | $0.22 | ||
| Q2 24 | — | $0.35 | ||
| Q1 24 | — | $0.29 |
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 | $183.3M |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $1.3B |
| 总资产 | $2.2B | $3.1B |
| 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LFSTMBC
| Q4 25 | $248.6M | $183.3M | ||
| Q3 25 | $203.9M | $114.8M | ||
| Q2 25 | $188.9M | $120.1M | ||
| Q1 25 | $134.3M | $113.5M | ||
| Q4 24 | $154.6M | $120.6M | ||
| Q3 24 | $102.6M | $108.4M | ||
| Q2 24 | $87.0M | $189.4M | ||
| Q1 24 | $49.5M | $153.7M |
总债务LFSTMBC
| Q4 25 | $282.8M | — | ||
| Q3 25 | $284.6M | — | ||
| Q2 25 | $286.4M | — | ||
| Q1 25 | $288.2M | — | ||
| Q4 24 | $290.0M | $1.0B | ||
| Q3 24 | $287.3M | $1.1B | ||
| Q2 24 | $288.0M | — | ||
| Q1 24 | $288.8M | — |
股东权益LFSTMBC
| Q4 25 | $1.5B | $1.3B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.5B | $1.3B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.4B | $1.3B | ||
| Q1 24 | $1.4B | $1.2B |
总资产LFSTMBC
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $2.1B | $3.0B | ||
| Q2 25 | $2.1B | $3.0B | ||
| Q1 25 | $2.1B | $3.0B | ||
| Q4 24 | $2.1B | $2.9B | ||
| Q3 24 | $2.1B | $3.0B | ||
| Q2 24 | $2.1B | $2.4B | ||
| Q1 24 | $2.1B | $2.4B |
负债/权益比LFSTMBC
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.20× | — | ||
| Q4 24 | 0.20× | 0.79× | ||
| Q3 24 | 0.20× | 0.83× | ||
| Q2 24 | 0.20× | — | ||
| Q1 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 | $86.9M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $52.5M |
| 自由现金流率自由现金流/营收 | 12.2% | 8.1% |
| 资本支出强度资本支出/营收 | 2.9% | 5.3% |
| 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 | $117.5M |
8季度趋势，按日历期对齐
经营现金流LFSTMBC
| Q4 25 | $57.6M | $86.9M | ||
| Q3 25 | $27.3M | $55.4M | ||
| Q2 25 | $64.4M | $84.8M | ||
| Q1 25 | $-3.1M | $-31.4M | ||
| Q4 24 | $62.3M | $115.1M | ||
| Q3 24 | $22.7M | $80.8M | ||
| Q2 24 | $44.1M | $77.4M | ||
| Q1 24 | $-21.8M | $18.7M |
自由现金流LFSTMBC
| Q4 25 | $46.6M | $52.5M | ||
| Q3 25 | $17.0M | $39.5M | ||
| Q2 25 | $56.6M | $66.7M | ||
| Q1 25 | $-10.3M | $-41.2M | ||
| Q4 24 | $56.0M | $68.8M | ||
| Q3 24 | $17.7M | $64.5M | ||
| Q2 24 | $39.0M | $66.1M | ||
| Q1 24 | $-26.9M | $11.7M |
自由现金流率LFSTMBC
| Q4 25 | 12.2% | 8.1% | ||
| Q3 25 | 4.7% | 5.7% | ||
| Q2 25 | 16.4% | 9.1% | ||
| Q1 25 | -3.1% | -6.2% | ||
| Q4 24 | 17.2% | 10.3% | ||
| Q3 24 | 5.7% | 9.0% | ||
| Q2 24 | 12.5% | 9.8% | ||
| Q1 24 | -9.0% | 1.8% |
资本支出强度LFSTMBC
| Q4 25 | 2.9% | 5.3% | ||
| Q3 25 | 2.8% | 2.3% | ||
| Q2 25 | 2.2% | 2.5% | ||
| Q1 25 | 2.2% | 1.5% | ||
| Q4 24 | 1.9% | 6.9% | ||
| Q3 24 | 1.6% | 2.3% | ||
| Q2 24 | 1.6% | 1.7% | ||
| Q1 24 | 1.7% | 1.1% |
现金转化率LFSTMBC
| Q4 25 | 4.93× | — | ||
| Q3 25 | 25.34× | 3.06× | ||
| Q2 25 | — | 2.27× | ||
| Q1 25 | -4.36× | -2.36× | ||
| Q4 24 | — | 8.22× | ||
| Q3 24 | — | 2.78× | ||
| Q2 24 | — | 1.71× | ||
| Q1 24 | — | 0.50× |
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
MBC
| Dealers | $345.7M | 54% |
| Retail | $220.0M | 34% |
| Builders | $78.9M | 12% |
