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LifeStance Health Group, Inc.（LFST）与怡安集团（RYAN）财务数据对比。点击上方公司名可切换其他公司
怡安集团的季度营收约是LifeStance Health Group, Inc.的2.1倍（$795.2M vs $382.2M），怡安集团净利率更高（5.1% vs 3.1%，领先2.1%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 15.2%），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 8.1%）
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。
怡安集团是一家业务横跨英美两国的专业服务企业，目前主要开展两大板块业务：风险资本板块提供风险管理、保险及再保险领域的经纪与咨询服务；人力资本板块则提供健康保险、退休计划、养老金计划与人才咨询相关服务。
LFST vs RYAN — 直观对比
营收规模更大
RYAN
是对方的2.1倍
$382.2M
营收增速更快
LFST
高出2.2%
15.2%
净利率更高
RYAN
高出2.1%
3.1%
两年增速更快
LFST
近两年复合增速
8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $795.2M |
| 净利润 | $11.7M | $40.6M |
| 毛利率 | — | — |
| 营业利润率 | 4.7% | 11.9% |
| 净利率 | 3.1% | 5.1% |
| 营收同比 | 17.4% | 15.2% |
| 净利润同比 | 264.1% | 1025.0% |
| 每股收益（稀释后） | — | $0.13 |
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LFSTRYAN
| Q1 26 | — | $795.2M | ||
| Q4 25 | $382.2M | $738.0M | ||
| Q3 25 | $363.8M | $739.6M | ||
| Q2 25 | $345.3M | $840.9M | ||
| Q1 25 | $333.0M | $676.1M | ||
| Q4 24 | $325.5M | $649.4M | ||
| Q3 24 | $312.7M | $588.1M | ||
| Q2 24 | $312.3M | $680.2M |
净利润LFSTRYAN
| Q1 26 | — | $40.6M | ||
| Q4 25 | $11.7M | $8.0M | ||
| Q3 25 | $1.1M | $31.1M | ||
| Q2 25 | $-3.8M | $52.0M | ||
| Q1 25 | $709.0K | $-27.6M | ||
| Q4 24 | $-7.1M | $13.8M | ||
| Q3 24 | $-6.0M | $17.6M | ||
| Q2 24 | $-23.3M | $46.8M |
营业利润率LFSTRYAN
| Q1 26 | — | 11.9% | ||
| Q4 25 | 4.7% | 12.4% | ||
| Q3 25 | 2.0% | 15.0% | ||
| Q2 25 | -0.9% | 22.7% | ||
| Q1 25 | 0.5% | 14.8% | ||
| Q4 24 | 0.3% | 16.8% | ||
| Q3 24 | 0.0% | 13.9% | ||
| Q2 24 | -5.1% | 24.2% |
净利率LFSTRYAN
| Q1 26 | — | 5.1% | ||
| Q4 25 | 3.1% | 1.1% | ||
| Q3 25 | 0.3% | 4.2% | ||
| Q2 25 | -1.1% | 6.2% | ||
| Q1 25 | 0.2% | -4.1% | ||
| Q4 24 | -2.2% | 2.1% | ||
| Q3 24 | -1.9% | 3.0% | ||
| Q2 24 | -7.5% | 6.9% |
每股收益（稀释后）LFSTRYAN
| Q1 26 | — | $0.13 | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $154.7M |
| 总债务越低越好 | $282.8M | $3.5B |
| 股东权益账面价值 | $1.5B | $1.2B |
| 总资产 | $2.2B | $11.0B |
| 负债/权益比越低杠杆越低 | 0.19× | 2.90× |
8季度趋势，按日历期对齐
现金及短期投资LFSTRYAN
| Q1 26 | — | $154.7M | ||
| Q4 25 | $248.6M | $158.3M | ||
| Q3 25 | $203.9M | $153.5M | ||
| Q2 25 | $188.9M | $172.6M | ||
| Q1 25 | $134.3M | $203.5M | ||
| Q4 24 | $154.6M | $540.2M | ||
| Q3 24 | $102.6M | $235.2M | ||
| Q2 24 | $87.0M | $1.7B |
总债务LFSTRYAN
| Q1 26 | — | $3.5B | ||
| Q4 25 | $282.8M | $3.3B | ||
| Q3 25 | $284.6M | — | ||
| Q2 25 | $286.4M | — | ||
| Q1 25 | $288.2M | — | ||
| Q4 24 | $290.0M | $3.3B | ||
| Q3 24 | $287.3M | — | ||
| Q2 24 | $288.0M | — |
股东权益LFSTRYAN
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.5B | $648.1M | ||
| Q3 25 | $1.5B | $630.5M | ||
| Q2 25 | $1.5B | $610.1M | ||
| Q1 25 | $1.5B | $542.5M | ||
| Q4 24 | $1.4B | $627.7M | ||
| Q3 24 | $1.4B | $632.8M | ||
| Q2 24 | $1.4B | $605.9M |
总资产LFSTRYAN
| Q1 26 | — | $11.0B | ||
| Q4 25 | $2.2B | $10.6B | ||
| Q3 25 | $2.1B | $9.9B | ||
| Q2 25 | $2.1B | $10.6B | ||
| Q1 25 | $2.1B | $9.9B | ||
| Q4 24 | $2.1B | $9.6B | ||
| Q3 24 | $2.1B | $8.5B | ||
| Q2 24 | $2.1B | $8.3B |
负债/权益比LFSTRYAN
| Q1 26 | — | 2.90× | ||
| Q4 25 | 0.19× | 5.16× | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.20× | — | ||
| Q4 24 | 0.20× | 5.22× | ||
| 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% | 1.7% |
| 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LFSTRYAN
| Q1 26 | — | — | ||
| Q4 25 | $57.6M | $263.2M | ||
| Q3 25 | $27.3M | $169.7M | ||
| Q2 25 | $64.4M | $353.6M | ||
| Q1 25 | $-3.1M | $-142.8M | ||
| Q4 24 | $62.3M | $259.6M | ||
| Q3 24 | $22.7M | $100.9M | ||
| Q2 24 | $44.1M | $270.8M |
自由现金流LFSTRYAN
| Q1 26 | — | — | ||
| Q4 25 | $46.6M | — | ||
| Q3 25 | $17.0M | $167.3M | ||
| Q2 25 | $56.6M | — | ||
| Q1 25 | $-10.3M | $-143.5M | ||
| Q4 24 | $56.0M | — | ||
| Q3 24 | $17.7M | — | ||
| Q2 24 | $39.0M | — |
自由现金流率LFSTRYAN
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | 4.7% | 22.6% | ||
| Q2 25 | 16.4% | — | ||
| Q1 25 | -3.1% | -21.2% | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | 12.5% | — |
资本支出强度LFSTRYAN
| Q1 26 | — | 1.7% | ||
| Q4 25 | 2.9% | 0.0% | ||
| Q3 25 | 2.8% | 0.3% | ||
| Q2 25 | 2.2% | 0.0% | ||
| Q1 25 | 2.2% | 0.1% | ||
| Q4 24 | 1.9% | 0.0% | ||
| Q3 24 | 1.6% | 0.0% | ||
| Q2 24 | 1.6% | 0.0% |
现金转化率LFSTRYAN
| Q1 26 | — | — | ||
| Q4 25 | 4.93× | 32.99× | ||
| Q3 25 | 25.34× | 5.46× | ||
| Q2 25 | — | 6.80× | ||
| Q1 25 | -4.36× | — | ||
| Q4 24 | — | 18.88× | ||
| Q3 24 | — | 5.74× | ||
| Q2 24 | — | 5.79× |
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
RYAN
| Compensation and benefits | $495.2M | 62% |
| Other | $260.4M | 33% |
| Change in contingent consideration | $27.3M | 3% |
| Fiduciary investment income | $12.3M | 2% |
