vs
LifeStance Health Group, Inc.（LFST）与Wendy's Co（WEN）财务数据对比。点击上方公司名可切换其他公司
Wendy's Co的季度营收约是LifeStance Health Group, Inc.的1.4倍（$543.0M vs $382.2M），Wendy's Co净利率更高（4.9% vs 3.1%，领先1.8%），LifeStance Health Group, Inc.同比增速更快（17.4% vs -5.5%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $31.4M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 0.8%）
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。
温蒂公司是美国知名快餐企业，是温蒂汉堡及First Kitchen的母公司，前身为Deisel-Wemmer公司，总部位于俄亥俄州都柏林。旗下核心子公司温蒂国际是温蒂汉堡餐厅的特许经营授权方，在全球快餐市场拥有较高的品牌辨识度。
LFST vs WEN — 直观对比
营收规模更大
WEN
是对方的1.4倍
$382.2M
营收增速更快
LFST
高出22.9%
-5.5%
净利率更高
WEN
高出1.8%
3.1%
自由现金流更多
LFST
多$15.3M
$31.4M
两年增速更快
LFST
近两年复合增速
0.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $543.0M |
| 净利润 | $11.7M | $26.5M |
| 毛利率 | — | 62.7% |
| 营业利润率 | 4.7% | 11.8% |
| 净利率 | 3.1% | 4.9% |
| 营收同比 | 17.4% | -5.5% |
| 净利润同比 | 264.1% | -44.2% |
| 每股收益（稀释后） | — | $0.14 |
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LFSTWEN
| Q4 25 | $382.2M | $543.0M | ||
| Q3 25 | $363.8M | $549.5M | ||
| Q2 25 | $345.3M | $560.9M | ||
| Q1 25 | $333.0M | $523.5M | ||
| Q4 24 | $325.5M | $574.3M | ||
| Q3 24 | $312.7M | $566.7M | ||
| Q2 24 | $312.3M | $570.7M | ||
| Q1 24 | $300.4M | $534.8M |
净利润LFSTWEN
| Q4 25 | $11.7M | $26.5M | ||
| Q3 25 | $1.1M | $44.3M | ||
| Q2 25 | $-3.8M | $55.1M | ||
| Q1 25 | $709.0K | $39.2M | ||
| Q4 24 | $-7.1M | $47.5M | ||
| Q3 24 | $-6.0M | $50.2M | ||
| Q2 24 | $-23.3M | $54.6M | ||
| Q1 24 | $-21.1M | $42.0M |
毛利率LFSTWEN
| Q4 25 | — | 62.7% | ||
| Q3 25 | — | 62.8% | ||
| Q2 25 | — | 65.0% | ||
| Q1 25 | — | 64.1% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 65.5% | ||
| Q2 24 | — | 65.0% | ||
| Q1 24 | — | 64.1% |
营业利润率LFSTWEN
| Q4 25 | 4.7% | 11.8% | ||
| Q3 25 | 2.0% | 16.8% | ||
| Q2 25 | -0.9% | 18.6% | ||
| Q1 25 | 0.5% | 15.9% | ||
| Q4 24 | 0.3% | 16.7% | ||
| Q3 24 | 0.0% | 16.7% | ||
| Q2 24 | -5.1% | 17.4% | ||
| Q1 24 | -5.6% | 15.2% |
净利率LFSTWEN
| Q4 25 | 3.1% | 4.9% | ||
| Q3 25 | 0.3% | 8.1% | ||
| Q2 25 | -1.1% | 9.8% | ||
| Q1 25 | 0.2% | 7.5% | ||
| Q4 24 | -2.2% | 8.3% | ||
| Q3 24 | -1.9% | 8.9% | ||
| Q2 24 | -7.5% | 9.6% | ||
| Q1 24 | -7.0% | 7.9% |
每股收益（稀释后）LFSTWEN
| Q4 25 | — | $0.14 | ||
| Q3 25 | — | $0.23 | ||
| Q2 25 | — | $0.29 | ||
| Q1 25 | — | $0.19 | ||
| Q4 24 | — | $0.23 | ||
| Q3 24 | — | $0.25 | ||
| Q2 24 | — | $0.27 | ||
| Q1 24 | — | $0.20 |
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 | $300.8M |
| 总债务越低越好 | $282.8M | $2.8B |
| 股东权益账面价值 | $1.5B | $117.4M |
| 总资产 | $2.2B | $5.0B |
| 负债/权益比越低杠杆越低 | 0.19× | 23.51× |
8季度趋势，按日历期对齐
现金及短期投资LFSTWEN
| Q4 25 | $248.6M | $300.8M | ||
| Q3 25 | $203.9M | $291.4M | ||
| Q2 25 | $188.9M | $281.2M | ||
| Q1 25 | $134.3M | $335.3M | ||
| Q4 24 | $154.6M | $450.5M | ||
| Q3 24 | $102.6M | $482.2M | ||
| Q2 24 | $87.0M | $465.5M | ||
| Q1 24 | $49.5M | $498.3M |
总债务LFSTWEN
| Q4 25 | $282.8M | $2.8B | ||
| Q3 25 | $284.6M | $2.7B | ||
| Q2 25 | $286.4M | $2.7B | ||
| Q1 25 | $288.2M | $2.7B | ||
| Q4 24 | $290.0M | $2.7B | ||
| Q3 24 | $287.3M | — | ||
| Q2 24 | $288.0M | — | ||
| Q1 24 | $288.8M | — |
股东权益LFSTWEN
| Q4 25 | $1.5B | $117.4M | ||
| Q3 25 | $1.5B | $109.2M | ||
| Q2 25 | $1.5B | $112.9M | ||
| Q1 25 | $1.5B | $130.2M | ||
| Q4 24 | $1.4B | $259.4M | ||
| Q3 24 | $1.4B | $259.9M | ||
| Q2 24 | $1.4B | $273.8M | ||
| Q1 24 | $1.4B | $293.7M |
总资产LFSTWEN
| Q4 25 | $2.2B | $5.0B | ||
| Q3 25 | $2.1B | $5.0B | ||
| Q2 25 | $2.1B | $4.9B | ||
| Q1 25 | $2.1B | $4.9B | ||
| Q4 24 | $2.1B | $5.0B | ||
| Q3 24 | $2.1B | $5.1B | ||
| Q2 24 | $2.1B | $5.1B | ||
| Q1 24 | $2.1B | $5.2B |
负债/权益比LFSTWEN
| Q4 25 | 0.19× | 23.51× | ||
| Q3 25 | 0.19× | 24.95× | ||
| Q2 25 | 0.19× | 24.18× | ||
| Q1 25 | 0.20× | 21.00× | ||
| Q4 24 | 0.20× | 10.57× | ||
| 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 | $69.3M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $31.4M |
| 自由现金流率自由现金流/营收 | 12.2% | 5.8% |
| 资本支出强度资本支出/营收 | 2.9% | 7.0% |
| 现金转化率经营现金流/净利润 | 4.93× | 2.62× |
| 过去12个月自由现金流最近4个季度 | $110.0M | $242.6M |
8季度趋势，按日历期对齐
经营现金流LFSTWEN
| Q4 25 | $57.6M | $69.3M | ||
| Q3 25 | $27.3M | $129.3M | ||
| Q2 25 | $64.4M | $60.6M | ||
| Q1 25 | $-3.1M | $85.4M | ||
| Q4 24 | $62.3M | $68.6M | ||
| Q3 24 | $22.7M | $141.2M | ||
| Q2 24 | $44.1M | $45.5M | ||
| Q1 24 | $-21.8M | $100.0M |
自由现金流LFSTWEN
| Q4 25 | $46.6M | $31.4M | ||
| Q3 25 | $17.0M | $104.3M | ||
| Q2 25 | $56.6M | $39.2M | ||
| Q1 25 | $-10.3M | $67.7M | ||
| Q4 24 | $56.0M | $26.6M | ||
| Q3 24 | $17.7M | $123.3M | ||
| Q2 24 | $39.0M | $28.4M | ||
| Q1 24 | $-26.9M | $82.6M |
自由现金流率LFSTWEN
| Q4 25 | 12.2% | 5.8% | ||
| Q3 25 | 4.7% | 19.0% | ||
| Q2 25 | 16.4% | 7.0% | ||
| Q1 25 | -3.1% | 12.9% | ||
| Q4 24 | 17.2% | 4.6% | ||
| Q3 24 | 5.7% | 21.8% | ||
| Q2 24 | 12.5% | 5.0% | ||
| Q1 24 | -9.0% | 15.5% |
资本支出强度LFSTWEN
| Q4 25 | 2.9% | 7.0% | ||
| Q3 25 | 2.8% | 4.5% | ||
| Q2 25 | 2.2% | 3.8% | ||
| Q1 25 | 2.2% | 3.4% | ||
| Q4 24 | 1.9% | 7.3% | ||
| Q3 24 | 1.6% | 3.2% | ||
| Q2 24 | 1.6% | 3.0% | ||
| Q1 24 | 1.7% | 3.2% |
现金转化率LFSTWEN
| Q4 25 | 4.93× | 2.62× | ||
| Q3 25 | 25.34× | 2.92× | ||
| Q2 25 | — | 1.10× | ||
| Q1 25 | -4.36× | 2.18× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 2.81× | ||
| Q2 24 | — | 0.83× | ||
| Q1 24 | — | 2.38× |
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
WEN
| Franchise Royalty Revenueand Fees | $149.3M | 27% |
| Royalty | $103.6M | 19% |
| Advertising | $103.3M | 19% |
| Global Real Estate Development | $60.5M | 11% |
| Real Estate | $59.5M | 11% |
| Wendys International | $39.5M | 7% |
| Franchise | $21.5M | 4% |
