Saturday 17 October 2026
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LifeStance Health Group, Inc.
LFST Healthcare Medical Care Facilities
LifeStance Health Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 13.9% from fiscal 2024. In the quarter to June 2026, revenue grew 26.1%, EPS grew 700.0%, free cash flow grew 55.2% and total debt fell 5.08%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
11.74
0.63
−5.09%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | 7.64 | 4.22 | 4.35 | 4.64 | 3.74 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | 29.81 | 11.25 | 9.59 | 9.20 | 8.30 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | 2,674 | 4,790 | 7,830 | 9,325 | 10,218 | 10,961 | ||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.14 | 0.14 | 0.11 | 0.11 | 0.12 | 0.13 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 213 | 377 | 668 | 860 | 1,056 | 1,251 | 1,424 | ||||
| Gross margin, % | — | — | — | 29.36 | 31.59 | 30.19 | 27.57 | 28.62 | 32.17 | 32.37 | |||||
| EBT | — | — | — | 8 | (44) | (333) | (233) | (207) | (58) | 12 | |||||
| EBT margin, % | — | — | — | 3.71 | (11.77) | (49.90) | (27.08) | (19.57) | (4.61) | 0.87 | |||||
| Net income | — | 0 | — | 6 | (38) | (307) | (216) | (186) | (57) | 10 | |||||
| Depreciation | — | — | — | 7 | 32 | 56 | 71 | 83 | 73 | 56 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 0.57 | 1.25 | 2.04 | 2.42 | 2.87 | 3.30 | 3.69 | ||||
| Earnings | — | — | — | (0.16) | (0.13) | (1.05) | (0.61) | (0.51) | (0.15) | 0.03 | |||||
| Cash flow | — | — | — | 0.05 | (0.03) | 0.03 | 0.15 | (0.05) | 0.28 | 0.38 | |||||
| Capex | — | — | — | (0.04) | (0.13) | (0.29) | (0.22) | (0.11) | (0.06) | (0.09) | |||||
| Free cash flow | — | — | — | 0.01 | (0.15) | (0.26) | (0.07) | (0.16) | 0.23 | 0.29 | |||||
| Book value | — | — | — | (0.45) | 3.30 | 4.72 | 4.27 | 3.89 | 3.81 | 3.94 | |||||
| Shares, m | — | — | — | 374 | 302 | 328 | 355 | 367 | 379 | 386 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 283.87 | ||||
| P/S | — | — | — | 14.96 | 14.96 | 4.67 | 1.92 | 2.75 | 2.23 | 1.91 | |||||
| P/B | — | — | — | 7.01 | 7.01 | 2.02 | 1.09 | 2.03 | 1.93 | 1.79 | |||||
| EV/Sales | — | — | — | 15.74 | 15.74 | 4.69 | 2.06 | 2.94 | 2.33 | 1.92 | |||||
| EV/FCF | — | — | — | (166.98) | (166.98) | (36.76) | (66.82) | (54.08) | 34.07 | 24.86 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | 17 | (9) | 9 | 53 | (17) | 107 | 146 | ||||
| Capex | — | — | — | (14) | (38) | (94) | (79) | (41) | (22) | (36) | |||||
| Free cash flow | — | — | — | 3 | (47) | (85) | (26) | (57) | 86 | 110 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | (28) | 0 | 150 | 57 | 23 | 84 | 164 | ||||
| Total debt | — | — | — | 79 | 363 | 157 | 225 | 280 | 280 | 266 | |||||
| Net debt | — | — | — | 76 | 344 | 9 | 116 | 201 | 125 | 17 | |||||
| Shareholders’ equity | — | — | — | (166) | 998 | 1,545 | 1,519 | 1,429 | 1,446 | 1,521 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | (41.96) | (33.65) | (19.67) | (10.51) | (8.70) | (2.72) | 0.45 | ||||
| ROIC | — | — | — | 0.00 | 0.72 | (11.51) | (8.03) | (7.25) | (1.26) | 0.98 | |||||
| ROE | — | — | — | (14.16) | (74.88) | (27.05) | (14.07) | (12.64) | (4.00) | 0.65 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
LifeStance Health Group, Inc. vs peers in Medical Care Facilities (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PACS PACS Group, Inc. | $7.6B | 27.6× | 16.8× | +9.07% (above 0%: growing) | +45.45% (above 0%: growing) | +220.51% (above 0%: growing) | 17.07% | 7.66% | Compare |
| CHE Chemed Corporation | $6.7B | 25.7× | 20.4× | +8.80% (above 0%: growing) | +42.78% (above 0%: growing) | −43.51% (below 0%: shrinking) | 32.90% | 13.25% | Compare |
| CON Concentra Group Holdings Parent, Inc. | $5.0B | 24.9× | 17.0× | +10.03% (above 0%: growing) | +45.71% (above 0%: growing) | +91.62% (above 0%: growing) | 31.70% | 18.99% | Compare |
| LFST LifeStance Health Group, Inc. | $4.7B | 88.3× | 58.5× | +26.08% (above 0%: growing) | n/m | +55.22% (above 0%: growing) | 35.15% | 7.04% | |
| OPCH Option Care Health, Inc. | $4.7B | 23.5× | 14.1× | +1.86% (above 0%: growing) | +12.90% (above 0%: growing) | +112.36% (above 0%: growing) | 18.53% | 5.90% | Compare |
| NHC National HealthCare Corporation | $3.9B | 26.9× | 8.4× | +8.83% (above 0%: growing) | +68.63% (above 0%: growing) | −41.57% (below 0%: shrinking) | 100.00% | 11.99% | Compare |
| ACHC Acadia Healthcare Company, Inc. | $2.9B | — (loss-making) | 21.1× | −0.39% (below 0%: shrinking) | −63.64% (below 0%: shrinking) | +856.54% (above 0%: growing) | 100.00% | 10.14% | Compare |
| AVAH Aveanna Healthcare Holdings Inc. | $2.8B | 9.5× | 10.4× | +13.73% (above 0%: growing) | +46.15% (above 0%: growing) | +57.89% (above 0%: growing) | 32.59% | 11.93% | Compare |
| GRDN Guardian Pharmacy Services, Inc. | $2.5B | 37.5× | 39.5× | +2.16% (above 0%: growing) | +133.33% (above 0%: growing) | +60.83% (above 0%: growing) | 22.75% | 5.87% | Compare |
| Median of peers | $4.3B | 25.7× | 16.9× | +8.82% | +45.58% | +76.23% | 32.15% | 11.04% |
LifeStance Health Group, Inc. (LFST) key facts
- Strength: LifeStance Health Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 13.9% from fiscal 2024.
- LifeStance Health Group, Inc. (LFST) is a Medical Care Facilities company in the Healthcare sector, listed on Nasdaq.
- As of October 16, 2026, LFST traded at $11.74, a market capitalization of $4.7 billion.
- Return on equity was 0.65% and debt-to-equity 0.18.
- Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 2.65 (grey zone) for fiscal 2025.