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LifeStance Health Group, Inc.（LFST）与麦格劳希尔（MH）财务数据对比。点击上方公司名可切换其他公司
麦格劳希尔的季度营收约是LifeStance Health Group, Inc.的1.1倍（$434.2M vs $382.2M），LifeStance Health Group, Inc.净利率更高（3.1% vs -4.7%，领先7.7%），LifeStance Health Group, Inc.同比增速更快（17.4% vs -35.1%），麦格劳希尔自由现金流更多（$285.4M vs $46.6M）
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。
麦格劳希尔是美国知名教育科技企业，面向K12、高等教育及职业领域的师生提供多元教育内容、软件与服务。核心产品包含教材、数字学习工具及自适应技术，助力优化学习体验、提升学习效果，是与霍顿米夫林哈考特、培生教育齐名的全球三大教育出版商之一。
LFST vs MH — 直观对比
营收规模更大
MH
是对方的1.1倍
$382.2M
营收增速更快
LFST
高出52.5%
-35.1%
净利率更高
LFST
高出7.7%
-4.7%
自由现金流更多
MH
多$238.8M
$46.6M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $434.2M |
| 净利润 | $11.7M | $-20.2M |
| 毛利率 | — | 85.3% |
| 营业利润率 | 4.7% | 7.0% |
| 净利率 | 3.1% | -4.7% |
| 营收同比 | 17.4% | -35.1% |
| 净利润同比 | 264.1% | -119.2% |
| 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LFSTMH
| Q4 25 | $382.2M | $434.2M | ||
| Q3 25 | $363.8M | $669.2M | ||
| Q2 25 | $345.3M | $535.7M | ||
| Q1 25 | $333.0M | — | ||
| Q4 24 | $325.5M | — | ||
| Q3 24 | $312.7M | — | ||
| Q2 24 | $312.3M | — | ||
| Q1 24 | $300.4M | — |
净利润LFSTMH
| Q4 25 | $11.7M | $-20.2M | ||
| Q3 25 | $1.1M | $105.3M | ||
| Q2 25 | $-3.8M | $502.0K | ||
| Q1 25 | $709.0K | — | ||
| Q4 24 | $-7.1M | — | ||
| Q3 24 | $-6.0M | — | ||
| Q2 24 | $-23.3M | — | ||
| Q1 24 | $-21.1M | — |
毛利率LFSTMH
| Q4 25 | — | 85.3% | ||
| Q3 25 | — | 79.2% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率LFSTMH
| Q4 25 | 4.7% | 7.0% | ||
| Q3 25 | 2.0% | 23.4% | ||
| Q2 25 | -0.9% | 18.0% | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | -5.1% | — | ||
| Q1 24 | -5.6% | — |
净利率LFSTMH
| Q4 25 | 3.1% | -4.7% | ||
| Q3 25 | 0.3% | 15.7% | ||
| Q2 25 | -1.1% | 0.1% | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | -2.2% | — | ||
| Q3 24 | -1.9% | — | ||
| Q2 24 | -7.5% | — | ||
| Q1 24 | -7.0% | — |
每股收益（稀释后）LFSTMH
| Q4 25 | — | $-0.11 | ||
| Q3 25 | — | $0.57 | ||
| Q2 25 | — | $0.00 | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $514.4M |
| 总债务越低越好 | $282.8M | $2.6B |
| 股东权益账面价值 | $1.5B | $775.3M |
| 总资产 | $2.2B | $5.6B |
| 负债/权益比越低杠杆越低 | 0.19× | 3.36× |
8季度趋势，按日历期对齐
现金及短期投资LFSTMH
| Q4 25 | $248.6M | $514.4M | ||
| Q3 25 | $203.9M | $463.2M | ||
| Q2 25 | $188.9M | $247.3M | ||
| Q1 25 | $134.3M | — | ||
| Q4 24 | $154.6M | — | ||
| Q3 24 | $102.6M | — | ||
| Q2 24 | $87.0M | — | ||
| Q1 24 | $49.5M | — |
总债务LFSTMH
| Q4 25 | $282.8M | $2.6B | ||
| Q3 25 | $284.6M | $2.8B | ||
| Q2 25 | $286.4M | $3.2B | ||
| Q1 25 | $288.2M | — | ||
| Q4 24 | $290.0M | — | ||
| Q3 24 | $287.3M | — | ||
| Q2 24 | $288.0M | — | ||
| Q1 24 | $288.8M | — |
股东权益LFSTMH
| Q4 25 | $1.5B | $775.3M | ||
| Q3 25 | $1.5B | $794.6M | ||
| Q2 25 | $1.5B | $283.3M | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
总资产LFSTMH
| Q4 25 | $2.2B | $5.6B | ||
| Q3 25 | $2.1B | $6.0B | ||
| Q2 25 | $2.1B | $5.7B | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.1B | — |
负债/权益比LFSTMH
| Q4 25 | 0.19× | 3.36× | ||
| Q3 25 | 0.19× | 3.52× | ||
| Q2 25 | 0.19× | 11.17× | ||
| Q1 25 | 0.20× | — | ||
| Q4 24 | 0.20× | — | ||
| Q3 24 | 0.20× | — | ||
| 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 | $309.0M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $285.4M |
| 自由现金流率自由现金流/营收 | 12.2% | 65.7% |
| 资本支出强度资本支出/营收 | 2.9% | 5.4% |
| 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LFSTMH
| Q4 25 | $57.6M | $309.0M | ||
| Q3 25 | $27.3M | $265.0M | ||
| Q2 25 | $64.4M | $-96.7M | ||
| Q1 25 | $-3.1M | — | ||
| Q4 24 | $62.3M | — | ||
| Q3 24 | $22.7M | — | ||
| Q2 24 | $44.1M | — | ||
| Q1 24 | $-21.8M | — |
自由现金流LFSTMH
| Q4 25 | $46.6M | $285.4M | ||
| Q3 25 | $17.0M | $243.8M | ||
| Q2 25 | $56.6M | $-112.9M | ||
| Q1 25 | $-10.3M | — | ||
| Q4 24 | $56.0M | — | ||
| Q3 24 | $17.7M | — | ||
| Q2 24 | $39.0M | — | ||
| Q1 24 | $-26.9M | — |
自由现金流率LFSTMH
| Q4 25 | 12.2% | 65.7% | ||
| Q3 25 | 4.7% | 36.4% | ||
| Q2 25 | 16.4% | -21.1% | ||
| Q1 25 | -3.1% | — | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | 12.5% | — | ||
| Q1 24 | -9.0% | — |
资本支出强度LFSTMH
| Q4 25 | 2.9% | 5.4% | ||
| Q3 25 | 2.8% | 3.2% | ||
| Q2 25 | 2.2% | 3.0% | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.6% | — | ||
| Q1 24 | 1.7% | — |
现金转化率LFSTMH
| Q4 25 | 4.93× | — | ||
| Q3 25 | 25.34× | 2.52× | ||
| Q2 25 | — | -192.53× | ||
| Q1 25 | -4.36× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
MH
| Higher Education | $225.4M | 52% |
| Digital | $103.5M | 24% |
| Other | $44.4M | 10% |
| Global Professional | $36.2M | 8% |
| $24.7M | 6% |
