LifeStance Health (LFST) Gross Margin (2020 - 2024)

LifeStance Health (LFST) posted quarterly Gross Margin of 32.12% for Q3 2024, up 313.0% YoY from 7.78% in Q4 2023, and up 2.56% sequentially from 31.31% in Q2 2024.

LifeStance Health (LFST) Gross Margin (2020 - 2024) Analysis & Trends

LifeStance Health has disclosed Gross Margin across 5 years of filings, most recently posting 32.12% for Q3 2024.

  • In Q3 2024, Gross Margin rose 313.0% year-over-year to 32.12%; the TTM figure through Sep 2024 stood at 31.2% (up 317.0% YoY), while the FY2023 annual figure was 28.62%, up 104.0% from the prior year.
  • Gross Margin advanced to 32.12% in Q3 2024, from 31.31% in the prior quarter.
  • Over the last five years, Gross Margin for LFST reached as high as 32.49% in Q3 2020 and fell as low as 26.69% in Q1 2022.
  • The 5-year median for Gross Margin is 29.69% (2023), against an average of 29.67%.
  • Annual changes were most pronounced in 2022 — Gross Margin tumbled 405 bps — and 2024, when it jumped 397 bps.
  • A 5-year view of Gross Margin shows it stood at 32.49% in 2020, then retreated by 12 bps to 28.55% in 2021, then fell by 4 bps to 27.33% in 2022, then gained by 9 bps to 29.69% in 2023, then gained by 8 bps to 32.12% in 2024.
  • According to Business Quant data, Gross Margin over the past three periods registered 32.12%, 31.31%, and 31.53% for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 85.07%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 32.82%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 82.10%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 31.42%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 84.75%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 21.12%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 71.44%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 24.35%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 74.36%
10 LifeStance Health 44.33 Mn -32.60 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2024 32.12%
Jun 30, 2024 31.31%
Mar 31, 2024 31.53%
Dec 31, 2023 29.69%
Sep 30, 2023 28.99%
Jun 30, 2023 28.11%
Mar 31, 2023 27.56%
Dec 31, 2022 27.33%
Sep 30, 2022 27.71%
Jun 30, 2022 28.55%
Mar 31, 2022 26.69%
Dec 31, 2021 28.55%
Sep 30, 2021 29.94%
Jun 30, 2021 31.90%
Mar 31, 2021 30.74%
Sep 30, 2020 32.49%
Jun 30, 2020 31.19%