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LifeStance Health Group, Inc.（LFST）与沃茨水工业（WTS）财务数据对比。点击上方公司名可切换其他公司
沃茨水工业的季度营收约是LifeStance Health Group, Inc.的1.6倍（$625.1M vs $382.2M），沃茨水工业净利率更高（13.4% vs 3.1%，领先10.3%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 15.7%），沃茨水工业自由现金流更多（$140.3M vs $46.6M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 4.6%）
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。
沃茨水工业旗下AERCO是暖通管道领域的商用冷凝锅炉、高效热水设备及能量回收系统供应商，服务覆盖教育、住宿、政府、办公楼、医疗、工业、多户型住宅等多元市场，1949年推出行业首款半即热式无罐蒸汽热水器，1988年推出首款冷凝全调制设备。
LFST vs WTS — 直观对比
营收规模更大
WTS
是对方的1.6倍
$382.2M
营收增速更快
LFST
高出1.8%
15.7%
净利率更高
WTS
高出10.3%
3.1%
自由现金流更多
WTS
多$93.7M
$46.6M
两年增速更快
LFST
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $382.2M | $625.1M |
| 净利润 | $11.7M | $83.7M |
| 毛利率 | — | 49.5% |
| 营业利润率 | 4.7% | 18.2% |
| 净利率 | 3.1% | 13.4% |
| 营收同比 | 17.4% | 15.7% |
| 净利润同比 | 264.1% | 24.0% |
| 每股收益（稀释后） | — | $2.50 |
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LFSTWTS
| Q4 25 | $382.2M | $625.1M | ||
| Q3 25 | $363.8M | $611.7M | ||
| Q2 25 | $345.3M | $643.7M | ||
| Q1 25 | $333.0M | $558.0M | ||
| Q4 24 | $325.5M | $540.4M | ||
| Q3 24 | $312.7M | $543.6M | ||
| Q2 24 | $312.3M | $597.3M | ||
| Q1 24 | $300.4M | $570.9M |
净利润LFSTWTS
| Q4 25 | $11.7M | $83.7M | ||
| Q3 25 | $1.1M | $82.2M | ||
| Q2 25 | $-3.8M | $100.9M | ||
| Q1 25 | $709.0K | $74.0M | ||
| Q4 24 | $-7.1M | $67.5M | ||
| Q3 24 | $-6.0M | $69.1M | ||
| Q2 24 | $-23.3M | $82.0M | ||
| Q1 24 | $-21.1M | $72.6M |
毛利率LFSTWTS
| Q4 25 | — | 49.5% | ||
| Q3 25 | — | 48.8% | ||
| Q2 25 | — | 50.6% | ||
| Q1 25 | — | 48.8% | ||
| Q4 24 | — | 46.7% | ||
| Q3 24 | — | 47.3% | ||
| Q2 24 | — | 47.7% | ||
| Q1 24 | — | 46.9% |
营业利润率LFSTWTS
| Q4 25 | 4.7% | 18.2% | ||
| Q3 25 | 2.0% | 18.2% | ||
| Q2 25 | -0.9% | 21.0% | ||
| Q1 25 | 0.5% | 15.7% | ||
| Q4 24 | 0.3% | 16.5% | ||
| Q3 24 | 0.0% | 17.1% | ||
| Q2 24 | -5.1% | 18.7% | ||
| Q1 24 | -5.6% | 16.9% |
净利率LFSTWTS
| Q4 25 | 3.1% | 13.4% | ||
| Q3 25 | 0.3% | 13.4% | ||
| Q2 25 | -1.1% | 15.7% | ||
| Q1 25 | 0.2% | 13.3% | ||
| Q4 24 | -2.2% | 12.5% | ||
| Q3 24 | -1.9% | 12.7% | ||
| Q2 24 | -7.5% | 13.7% | ||
| Q1 24 | -7.0% | 12.7% |
每股收益（稀释后）LFSTWTS
| Q4 25 | — | $2.50 | ||
| Q3 25 | — | $2.45 | ||
| Q2 25 | — | $3.01 | ||
| Q1 25 | — | $2.21 | ||
| Q4 24 | — | $2.02 | ||
| Q3 24 | — | $2.06 | ||
| Q2 24 | — | $2.44 | ||
| Q1 24 | — | $2.17 |
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 | $405.5M |
| 总债务越低越好 | $282.8M | — |
| 股东权益账面价值 | $1.5B | $2.0B |
| 总资产 | $2.2B | $2.9B |
| 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LFSTWTS
| Q4 25 | $248.6M | $405.5M | ||
| Q3 25 | $203.9M | $457.7M | ||
| Q2 25 | $188.9M | $369.3M | ||
| Q1 25 | $134.3M | $336.8M | ||
| Q4 24 | $154.6M | $386.9M | ||
| Q3 24 | $102.6M | $303.9M | ||
| Q2 24 | $87.0M | $279.4M | ||
| Q1 24 | $49.5M | $237.1M |
总债务LFSTWTS
| Q4 25 | $282.8M | — | ||
| Q3 25 | $284.6M | — | ||
| Q2 25 | $286.4M | — | ||
| Q1 25 | $288.2M | — | ||
| Q4 24 | $290.0M | — | ||
| Q3 24 | $287.3M | — | ||
| Q2 24 | $288.0M | — | ||
| Q1 24 | $288.8M | — |
股东权益LFSTWTS
| Q4 25 | $1.5B | $2.0B | ||
| Q3 25 | $1.5B | $2.0B | ||
| Q2 25 | $1.5B | $1.9B | ||
| Q1 25 | $1.5B | $1.8B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.4B | $1.7B | ||
| Q2 24 | $1.4B | $1.6B | ||
| Q1 24 | $1.4B | $1.6B |
总资产LFSTWTS
| Q4 25 | $2.2B | $2.9B | ||
| Q3 25 | $2.1B | $2.7B | ||
| Q2 25 | $2.1B | $2.6B | ||
| Q1 25 | $2.1B | $2.5B | ||
| Q4 24 | $2.1B | $2.4B | ||
| Q3 24 | $2.1B | $2.4B | ||
| Q2 24 | $2.1B | $2.4B | ||
| Q1 24 | $2.1B | $2.3B |
负债/权益比LFSTWTS
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.19× | — | ||
| 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 | $154.7M |
| 自由现金流经营现金流 - 资本支出 | $46.6M | $140.3M |
| 自由现金流率自由现金流/营收 | 12.2% | 22.4% |
| 资本支出强度资本支出/营收 | 2.9% | 2.3% |
| 现金转化率经营现金流/净利润 | 4.93× | 1.85× |
| 过去12个月自由现金流最近4个季度 | $110.0M | $356.3M |
8季度趋势，按日历期对齐
经营现金流LFSTWTS
| Q4 25 | $57.6M | $154.7M | ||
| Q3 25 | $27.3M | $122.4M | ||
| Q2 25 | $64.4M | $69.7M | ||
| Q1 25 | $-3.1M | $55.2M | ||
| Q4 24 | $62.3M | $139.5M | ||
| Q3 24 | $22.7M | $90.7M | ||
| Q2 24 | $44.1M | $85.3M | ||
| Q1 24 | $-21.8M | $45.6M |
自由现金流LFSTWTS
| Q4 25 | $46.6M | $140.3M | ||
| Q3 25 | $17.0M | $110.9M | ||
| Q2 25 | $56.6M | $59.5M | ||
| Q1 25 | $-10.3M | $45.6M | ||
| Q4 24 | $56.0M | $127.5M | ||
| Q3 24 | $17.7M | $84.3M | ||
| Q2 24 | $39.0M | $78.5M | ||
| Q1 24 | $-26.9M | $35.5M |
自由现金流率LFSTWTS
| Q4 25 | 12.2% | 22.4% | ||
| Q3 25 | 4.7% | 18.1% | ||
| Q2 25 | 16.4% | 9.2% | ||
| Q1 25 | -3.1% | 8.2% | ||
| Q4 24 | 17.2% | 23.6% | ||
| Q3 24 | 5.7% | 15.5% | ||
| Q2 24 | 12.5% | 13.1% | ||
| Q1 24 | -9.0% | 6.2% |
资本支出强度LFSTWTS
| Q4 25 | 2.9% | 2.3% | ||
| Q3 25 | 2.8% | 1.9% | ||
| Q2 25 | 2.2% | 1.6% | ||
| Q1 25 | 2.2% | 1.7% | ||
| Q4 24 | 1.9% | 2.2% | ||
| Q3 24 | 1.6% | 1.2% | ||
| Q2 24 | 1.6% | 1.1% | ||
| Q1 24 | 1.7% | 1.8% |
现金转化率LFSTWTS
| Q4 25 | 4.93× | 1.85× | ||
| Q3 25 | 25.34× | 1.49× | ||
| Q2 25 | — | 0.69× | ||
| Q1 25 | -4.36× | 0.75× | ||
| Q4 24 | — | 2.07× | ||
| Q3 24 | — | 1.31× | ||
| Q2 24 | — | 1.04× | ||
| Q1 24 | — | 0.63× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
