LFSTLifeStance Health Group, Inc.
Is the business good?
A genuinely good business: earnings fully cash-backed (3.7×) and margins widening.
Operating profit is fully backed by cash.
Operating margin has widened over the past few years, the business is getting more profitable per dollar of sales.
A balanced mix of margins, efficiency, and leverage. ROE 1% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is LFST?
LifeStance Health Group, Inc. earns 4.1% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 4.9 points below what the capital costs: growth destroys value
- Operating margin
- 5.0%
Operating margin · Medical Care Facilities median 9.3% · 12 months to Q2 2026
- Cash conversion
- 3.68×
Cash conversion · operating cash flow covers the operating profit after tax
- Share count, year on year
- +0.15%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2019 | 7.2% |
| FY2021 | −43% |
| FY2022 | −24% |
| FY2023 | −18% |
| FY2024 | −2.5% |
| FY2025 | 1.7% |
Details›
- Operating margin12 months to Q2 2026
- 5.0%
- Net margin12 months to Q2 2026
- 3.2%
- Free cash flow margin
- 11%
- Revenue, trailing twelve months
- $1.58B
- Free cash flow, trailing twelve months
- $174M
- Net income, trailing twelve months
- $51M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 4.1%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Medical Care Facilities
Ranks #20 of 27 by RyuScore