PGNY vs LFST vs MD Stock Comparison

Progyny, LifeStance Health and Pediatrix Medical Prices as of Oct 27, 2026 Peers: Industry group
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PGNY Progyny, Inc.
$27.72 +9.0% 1M +41.9% 1Y
Market cap
$2.17B
P/E
27.6x
Revenue (TTM)
$1.31B
Div. yield
–
Healthcare Services Healthcare
1 win

Head to Head

11 decided of 12

LifeStance Health leads on 5 of the 12 questions below (LifeStance Health 5, Pediatrix Medical 5, Progyny 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPGNYLFSTMDLeader
Larger companyMarket capitalisation $2.17B $5.19B $2.29B LFST
Cheaper on earningsLower P/E, profitable companies only 27.6x 102.5x 13.1x MD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.7x 81.9x 12.0x MD
Faster revenue growthRevenue growth, trailing twelve months +5.5% +20.4% +0.5% LFST
More profitableNet margin, trailing twelve months 6.0% 3.2% 9.0% MD
Better return on capitalReturn on invested capital — 3.4% 11.3% MD
Less leveragedLower net debt / EBITDA — 0.2x 0.8x LFST
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +41.9% +156.4% +65.4% LFST
Better 5-year returnAnnualised price return, 5 years -14.3%/yr +1.9%/yr +0.8%/yr LFST
Less volatileAnnualised volatility, 1 year 53.7% 50.5% 41.3% MD
Higher overall scoreMean of the five percentile scores vs peers 77/100 70/100 71/100 PGNY

Percentile Scorecard

PGNYLFSTMD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisPGNYLFSTMD
Valuation 79 #20 of 92 51 #46 of 92 92 #8 of 92
Growth 55 #40 of 87 90 #10 of 87 37 #55 of 87
Profitability 78 #20 of 86 59 #36 of 86 85 #14 of 86
Financial Health 84 #16 of 97 77 #23 of 97 58 #41 of 97
Shareholder Returns 87 #8 of 56 75 #15 of 56 84 #10 of 56
Overall 77 70 71
  • PGNY ranked among 102 companies in Healthcare Providers
  • LFST ranked among 102 companies in Healthcare Providers
  • MD ranked among 102 companies in Healthcare Providers

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodPGNYLFSTMDSPY
1 month +9.0%+10.6%+9.7% -0.2%
3 months -9.9%+16.5%+7.4% +3.9%
6 months +50.8%+70.8%+25.7% +8.2%
Year to date +7.9%+86.1%+34.9% +12.9%
1 year +41.9%+156.4%+65.4% +12.3%
3 years -9.1%+132.7%+154.9% +87.4%
3 years, per year -3.1%+32.5%+36.6% +23.3%
5 years -53.7%+10.0%+3.9% +67.9%
5 years, per year -14.3%+1.9%+0.8% +10.9%
10 years ——-52.6% +261.1%
10 years, per year ——-7.2% +13.7%

Risk

MeasurePGNYLFSTMDSPY
Volatility, 1Y 53.7%50.5%41.3% 12.7%
Downside volatility, 1Y 52.1%41.4%38.8% 12.7%
Beta vs S&P 500, 1Y 0.300.560.33 1.00
Return / volatility, 1Y 0.783.101.59 0.97
Max drawdown, 5Y -79.5%-71.7%-76.4% -25.4%
From 52-week high -14.3%-2.1%-2.3% -1.2%
52-week high $32.36$13.38$29.54 $779.14
52-week low $16.30$4.81$16.97 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultiplePGNYLFSTMD
P/E now vs peer median 27.6xmedian 24.6x 99.3xmedian 24.6x 13.1xmedian 24.6x
P/S now vs peer median 1.6xmedian 1.6x 3.2xmedian 1.6x 1.2xmedian 1.6x
EV/EBITDA now vs peer median 16.2xmedian 14.6x 37.6xmedian 14.6x 10.6xmedian 14.6x
P/FCF now vs peer median 12.0xmedian 21.6x 28.8xmedian 21.6x 10.2xmedian 21.6x
P/B now vs peer median 4.7xmedian 3.2x 3.4xmedian 3.2x 2.7xmedian 3.2x
PEG now vs peer median 1.10median 0.66 3.12median 0.66 0.66median 0.66

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsPGNYLFSTMD
Revenue $1.31B $1.58B $1.95B
Gross profit $322.09M $531.85M –
Operating income $112.13M $78.43M $215.42M
Net income $78.63M $50.60M $174.81M
Free cash flow $178.38M $173.91M $229.94M
EPS (diluted) $0.96 $0.13 $2.15
Cash & equivalents $152.63M $225.94M $288.88M
Total debt – $258.99M $584.24M
Shares (diluted) 82.14M 387.30M 81.41M
Enterprise value $1.06B $4.31B $598.63M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricPGNYLFSTMD
P/E 27.6x 99.3x 13.1x
P/FCF 12.0x 28.8x 10.2x
P/Operating cash flow 10.7x 23.0x 9.4x
P/S 1.6x 3.2x 1.2x
P/B 4.7x 3.4x 2.7x
P/Tangible book 4.8x 3.8x 2.7x
EV/EBITDA 16.2x 37.6x 10.6x
EV/EBIT 17.0x 64.2x 11.7x
EV/Revenue 1.5x 3.2x 1.3x
EV/FCF 10.7x 29.0x 11.0x
EV/Operating cash flow 9.5x 23.1x 10.2x
PEG (3Y EPS CAGR) 1.10 3.12 0.66

Growth

14 metrics
MetricPGNYLFSTMD
Revenue growth (1Y) 5.5% 20.4% 0.5%
Revenue CAGR (3Y) 11.0% 18.2% -0.8%
Gross profit growth (1Y) 16.1% 24.2% –
Gross profit CAGR (3Y) 15.4% – –
Operating income growth (1Y) 46.1% 32,780% 30.5%
Operating income CAGR (3Y) 35.8% 35.2% 10.0%
Net income growth (1Y) 48.0% 413.3% 59.0%
Net income CAGR (3Y) 16.8% 32.2% 19.3%
EPS growth (1Y) 61.5% 412.8% 67.1%
EPS CAGR (3Y) 25.0% 31.8% 19.9%
Operating cash flow growth (1Y) -0.4% 48.9% -3.6%
Operating cash flow CAGR (3Y) 5.9% 87.0% 10.2%
Free cash flow growth (1Y) -6.2% 44.8% -4.2%
Free cash flow CAGR (3Y) 2.5% 158.0% 14.2%

Profitability

14 metrics
MetricPGNYLFSTMD
Gross margin 24.6% 33.6% –
EBITDA margin 9.0% 8.5% 12.3%
Operating margin 8.6% 4.9% 11.0%
Pretax margin 9.1% 4.2% 11.6%
Net margin 6.0% 3.2% 9.0%
FCF margin 13.6% 11.0% 11.8%
Operating cash flow margin 15.4% 13.7% 12.7%
Return on equity 17.6% 3.4% 19.9%
Return on assets 11.1% 2.3% 8.3%
Return on invested capital – 3.4% 11.3%
Return on capital employed 24.0% 4.2% 13.5%
Asset turnover 1.9x 0.7x 0.9x
Cash conversion (OCF / net income) 2.6x 4.3x 1.4x
Stock comp / revenue 8.2% 4.4% 1.0%

Financial Health

11 metrics
MetricPGNYLFSTMD
Debt / assets – 11.9% 27.4%
Debt / equity – 0.2x 0.7x
Net debt / EBITDA – 0.2x 0.8x
Debt / FCF – 1.5x 2.5x
Liabilities / assets 36.7% 32.3% 58.6%
Equity / assets 63.3% 67.7% 41.4%
Interest coverage – 7.8x 6.3x
Current ratio 2.1x 1.4x 1.3x
Quick ratio 2.2x 1.2x 1.3x
Cash ratio 1.0x 0.8x 0.8x
Altman Z-score 8.21 4.67 2.45

Shareholder Returns

7 metrics
MetricPGNYLFSTMD
Dividend yield – – –
Net buyback yield 10.7% 2.0% 6.2%
Shareholder yield 10.7% 2.0% 6.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusPGNYLFSTMD
Forward P/E 22.7xFY2026 81.9xFY2026 12.0xFY2026
EPS, next fiscal year $1.22FY2026 $0.16FY2026 $2.40FY2026
EPS growth, next FY +87.7%FY2026 +700.0%FY2026 +17.6%FY2026
EPS growth, the year after +21.3% +50.0% -0.4%
Revenue, next fiscal year $1.28BFY2026 $1.82BFY2026 $1.86BFY2026
Revenue growth, next FY -0.6%FY2026 +28.1%FY2026 -2.5%FY2026
Revenue growth, the year after +20.9% +11.9% +3.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPGNYLFSTMD
Held by institutions 100.0% 97.9% 100.0%
Institutions holding 309 286 301
Change in shares held, QoQ +12.2% +1.9% +1.1%
Institutions buying 158 204 153
Institutions selling 112 55 101
Buyers to sellers 1.41 3.71 1.51

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

PGNYLFSTMD
PGNY 1.00 -0.09 0.10
LFST -0.09 1.00 0.21
MD 0.10 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PGNY, LFST and MD?

LifeStance Health (LFST) is the largest by market capitalisation: Progyny (PGNY) $2.17B, LifeStance Health (LFST) $5.19B, Pediatrix Medical (MD) $2.29B.

Which stock is cheaper, PGNY, LFST and MD?

Pediatrix Medical (MD) trades on the lowest price-to-earnings ratio (Progyny (PGNY) 27.6x, LifeStance Health (LFST) 102.5x, Pediatrix Medical (MD) 13.1x). On next year's consensus earnings, Pediatrix Medical (MD) is cheapest (Progyny (PGNY) 22.7x, LifeStance Health (LFST) 81.9x, Pediatrix Medical (MD) 12.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

LifeStance Health (LFST) grew revenue fastest over the trailing twelve months: Progyny (PGNY) +5.5%, LifeStance Health (LFST) +20.4%, Pediatrix Medical (MD) +0.5%.

Which company is more profitable?

Pediatrix Medical (MD) has the highest net margin (Progyny (PGNY) 6.0%, LifeStance Health (LFST) 3.2%, Pediatrix Medical (MD) 9.0%). On return on invested capital, Pediatrix Medical (MD) leads (LifeStance Health (LFST) 3.4%, Pediatrix Medical (MD) 11.3%).

Which stock has performed better?

Over the past year LifeStance Health (LFST) returned the most: Progyny (PGNY) +41.9%, LifeStance Health (LFST) +156.4%, Pediatrix Medical (MD) +65.4%. Over five years, LifeStance Health (LFST) compounded fastest (Progyny (PGNY) -14.3%/yr, LifeStance Health (LFST) +1.9%/yr, Pediatrix Medical (MD) +0.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Pediatrix Medical (MD) has been the steadiest (Progyny (PGNY) 53.7%, LifeStance Health (LFST) 50.5%, Pediatrix Medical (MD) 41.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PGNY, LFST and MD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, LifeStance Health (LFST) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.