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LifeStance Health Group, Inc.（LFST）与医疗房产信托（SVC）财务数据对比。点击上方公司名可切换其他公司
LifeStance Health Group, Inc.的季度营收约是医疗房产信托的1.3倍（$382.2M vs $296.5M），LifeStance Health Group, Inc.净利率更高（3.1% vs -0.3%，领先3.3%），LifeStance Health Group, Inc.同比增速更快（17.4% vs -17.0%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $-95.2M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs -6.1%）
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。
医疗房产信托（MPT）是总部位于阿拉巴马州伯明翰的国际房地产投资信托（REIT），主要在美国和欧洲地区收购投资医疗设施与营利性医疗控股公司。该公司的房产收购多采用售后回租模式，原产权方出售房产给MPT后成为承租租户，其租户普遍签订长期三净租约。
LFST vs SVC — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $296.5M |
| 净利润 | $11.7M | $-782.0K |
| 毛利率 | — | — |
| 营业利润率 | 4.7% | -3.9% |
| 净利率 | 3.1% | -0.3% |
| 营收同比 | 17.4% | -17.0% |
| 净利润同比 | 264.1% | 99.0% |
| 每股收益（稀释后） | — | $-0.01 |
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
| Q4 25 | $382.2M | $296.5M | ||
| Q3 25 | $363.8M | $377.6M | ||
| Q2 25 | $345.3M | $404.4M | ||
| Q1 25 | $333.0M | $335.0M | ||
| Q4 24 | $325.5M | $357.0M | ||
| Q3 24 | $312.7M | $390.9M | ||
| Q2 24 | $312.3M | $412.5M | ||
| Q1 24 | $300.4M | $336.2M |
| Q4 25 | $11.7M | $-782.0K | ||
| Q3 25 | $1.1M | $-46.9M | ||
| Q2 25 | $-3.8M | $-38.2M | ||
| Q1 25 | $709.0K | $-116.4M | ||
| Q4 24 | $-7.1M | $-76.4M | ||
| Q3 24 | $-6.0M | $-46.9M | ||
| Q2 24 | $-23.3M | $-73.8M | ||
| Q1 24 | $-21.1M | $-78.4M |
| Q4 25 | 4.7% | -3.9% | ||
| Q3 25 | 2.0% | -12.8% | ||
| Q2 25 | -0.9% | -9.2% | ||
| Q1 25 | 0.5% | -33.3% | ||
| Q4 24 | 0.3% | -19.4% | ||
| Q3 24 | 0.0% | -12.8% | ||
| Q2 24 | -5.1% | -17.1% | ||
| Q1 24 | -5.6% | -21.4% |
| Q4 25 | 3.1% | -0.3% | ||
| Q3 25 | 0.3% | -12.4% | ||
| Q2 25 | -1.1% | -9.4% | ||
| Q1 25 | 0.2% | -34.8% | ||
| Q4 24 | -2.2% | -21.4% | ||
| Q3 24 | -1.9% | -12.0% | ||
| Q2 24 | -7.5% | -17.9% | ||
| Q1 24 | -7.0% | -23.3% |
| Q4 25 | — | $-0.01 | ||
| Q3 25 | — | $-0.28 | ||
| Q2 25 | — | $-0.23 | ||
| Q1 25 | — | $-0.70 | ||
| Q4 24 | — | $-0.46 | ||
| Q3 24 | — | $-0.28 | ||
| Q2 24 | — | $-0.45 | ||
| Q1 24 | — | $-0.48 |
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 | $346.8M |
| 总债务越低越好 | $282.8M | $5.5B |
| 股东权益账面价值 | $1.5B | $646.1M |
| 总资产 | $2.2B | $6.5B |
| 负债/权益比越低杠杆越低 | 0.19× | 8.52× |
8季度趋势，按日历期对齐
| Q4 25 | $248.6M | $346.8M | ||
| Q3 25 | $203.9M | $417.4M | ||
| Q2 25 | $188.9M | $63.2M | ||
| Q1 25 | $134.3M | $80.1M | ||
| Q4 24 | $154.6M | $143.5M | ||
| Q3 24 | $102.6M | $48.6M | ||
| Q2 24 | $87.0M | $14.6M | ||
| Q1 24 | $49.5M | $71.3M |
| Q4 25 | $282.8M | $5.5B | ||
| Q3 25 | $284.6M | — | ||
| Q2 25 | $286.4M | — | ||
| Q1 25 | $288.2M | — | ||
| Q4 24 | $290.0M | $5.8B | ||
| Q3 24 | $287.3M | — | ||
| Q2 24 | $288.0M | — | ||
| Q1 24 | $288.8M | — |
| Q4 25 | $1.5B | $646.1M | ||
| Q3 25 | $1.5B | $647.9M | ||
| Q2 25 | $1.5B | $695.9M | ||
| Q1 25 | $1.5B | $734.6M | ||
| Q4 24 | $1.4B | $851.9M | ||
| Q3 24 | $1.4B | $929.0M | ||
| Q2 24 | $1.4B | $1.0B | ||
| Q1 24 | $1.4B | $1.1B |
| Q4 25 | $2.2B | $6.5B | ||
| Q3 25 | $2.1B | $7.0B | ||
| Q2 25 | $2.1B | $6.9B | ||
| Q1 25 | $2.1B | $7.0B | ||
| Q4 24 | $2.1B | $7.1B | ||
| Q3 24 | $2.1B | $7.1B | ||
| Q2 24 | $2.1B | $7.1B | ||
| Q1 24 | $2.1B | $7.2B |
| Q4 25 | 0.19× | 8.52× | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.20× | — | ||
| Q4 24 | 0.20× | 6.85× | ||
| 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 | $-18.5M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $-95.2M |
| 自由现金流率自由现金流/营收 | 12.2% | -32.1% |
| 资本支出强度资本支出/营收 | 2.9% | 25.9% |
| 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 | $-107.0M |
8季度趋势，按日历期对齐
| Q4 25 | $57.6M | $-18.5M | ||
| Q3 25 | $27.3M | $98.1M | ||
| Q2 25 | $64.4M | $-7.0K | ||
| Q1 25 | $-3.1M | $38.2M | ||
| Q4 24 | $62.3M | $-9.7M | ||
| Q3 24 | $22.7M | $106.2M | ||
| Q2 24 | $44.1M | $43.8M | ||
| Q1 24 | $-21.8M | $-926.0K |
| Q4 25 | $46.6M | $-95.2M | ||
| Q3 25 | $17.0M | $57.9M | ||
| Q2 25 | $56.6M | $-46.6M | ||
| Q1 25 | $-10.3M | $-23.2M | ||
| Q4 24 | $56.0M | $-88.9M | ||
| Q3 24 | $17.7M | $24.1M | ||
| Q2 24 | $39.0M | $-22.3M | ||
| Q1 24 | $-26.9M | $-77.2M |
| Q4 25 | 12.2% | -32.1% | ||
| Q3 25 | 4.7% | 15.3% | ||
| Q2 25 | 16.4% | -11.5% | ||
| Q1 25 | -3.1% | -6.9% | ||
| Q4 24 | 17.2% | -24.9% | ||
| Q3 24 | 5.7% | 6.2% | ||
| Q2 24 | 12.5% | -5.4% | ||
| Q1 24 | -9.0% | -23.0% |
| Q4 25 | 2.9% | 25.9% | ||
| Q3 25 | 2.8% | 10.6% | ||
| Q2 25 | 2.2% | 11.5% | ||
| Q1 25 | 2.2% | 18.3% | ||
| Q4 24 | 1.9% | 22.2% | ||
| Q3 24 | 1.6% | 21.0% | ||
| Q2 24 | 1.6% | 16.0% | ||
| Q1 24 | 1.7% | 22.7% |
| Q4 25 | 4.93× | — | ||
| Q3 25 | 25.34× | — | ||
| Q2 25 | — | — | ||
| 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
