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| 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% |