LifeStance Health (LFST) Return on Capital Employed [ROCE] (2021 - 2026)
LifeStance Health (LFST) reported Return on Capital Employed [ROCE] of 4.15% for Q2 2026, up 4.16 percentage points from -0.01% a year earlier and up 1.84 percentage points from the prior quarter.
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Analysis
LifeStance Health (LFST) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, LifeStance Health posted Return on Capital Employed [ROCE] of 1.26%, up 2.94 percentage points from FY2024.
- Return on Capital Employed [ROCE] has increased for four consecutive years, with a four-year change of +18.81 percentage points (FY2021 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -1.68% in FY2024 (+8.08 pp), -9.75% in FY2023 (+1.46 pp), -11.21% in FY2022 (+6.34 pp) and -17.55% in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2021.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last nine quarters, with an average year-over-year change of +5.60 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q2 2023 (a gain of 11.21 percentage points); the low point was Q3 2022 (a drop of 5.54 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.32% (Q1 2026), 1.25% (Q4 2025) and 0.37% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 27.97% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | -12.46% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 9.44% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 11.30% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | -33.03% |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 11.79% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | -14.14% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 13.69% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 14.26% |
| 10 | LifeStance Health | 5.59 Mn | -882.61 Mn | 161.40 Mn | 5.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.41% |
| Jun 30, 2026 | 4.15% |
| Mar 31, 2026 | 2.32% |
| Dec 31, 2025 | 1.25% |
| Sep 30, 2025 | 0.37% |
| Jun 30, 2025 | -0.01% |
| Mar 31, 2025 | -0.70% |
| Dec 31, 2024 | -1.68% |
| Sep 30, 2024 | -3.43% |
| Jun 30, 2024 | -7.39% |
| Mar 31, 2024 | -9.04% |
| Dec 31, 2023 | -9.75% |
| Sep 30, 2023 | -10.50% |
| Jun 30, 2023 | -8.44% |
| Mar 31, 2023 | -9.04% |
| Dec 31, 2022 | -11.06% |
| Sep 30, 2022 | -14.93% |
| Jun 30, 2022 | -19.64% |
| Mar 31, 2022 | -19.28% |
| Dec 31, 2021 | -15.87% |
API Access
LifeStance Health Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=LFST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "LFST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=LFST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();