LifeStance Health (LFST) Gross Margin (2020 - 2024)
LifeStance Health (LFST) reported Gross Margin of 32.12% for Q3 2024, up 313.0% year-over-year from 7.78% in Q4 2023, and up 2.56% on a QoQ basis from 31.31% in Q2 2024.
LifeStance Health (LFST) has 5 years of Gross Margin data on file, last reported at 32.12% in Q3 2024.
- Quarterly Gross Margin rose 313.0% year-over-year to 32.12% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 31.2% (up 317.0% YoY) and the FY2023 annual result came in at 28.62%, up 104.0% from the prior year.
- Gross Margin grew to 32.12% in Q3 2024 per LFST's latest filing, from 31.31% in the prior quarter.
- Across five years, Gross Margin topped out at 32.49% in Q3 2020 and bottomed at 26.69% in Q1 2022.
- The 5-year median for Gross Margin is 29.69% (2023), against an average of 29.67%.
- The widest annual swing landed in 2022, when Gross Margin tumbled 405 bps; it then surged 397 bps in 2024.
- Tracing LFST's Gross Margin over 5 years: stood at 32.49% in 2020, then declined by 12 bps to 28.55% in 2021, then dropped by 4 bps to 27.33% in 2022, then increased by 9 bps to 29.69% in 2023, then increased by 8 bps to 32.12% in 2024.
- Per Business Quant, the three latest LFST Gross Margin figures stand at 32.12% (Q3 2024), 31.31% (Q2 2024), and 31.53% (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 85.07% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 82.10% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 31.42% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 84.75% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 21.12% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 71.44% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 99.98% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 32.82% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 24.35% |
| 10 | LifeStance Health | 2.99 Bn | 2.91 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |