LifeStance Health (LFST) Return on Invested Capital [ROIC] (2021 - 2026)
LifeStance Health's Return on Invested Capital [ROIC] came in at 3.41% for Q2 2026, up 3.42 percentage points from -0.01% a year earlier and up 1.65 percentage points from the prior quarter.
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Analysis
LifeStance Health (LFST) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, LifeStance Health's Return on Invested Capital [ROIC] was 1.07%, up 2.91 percentage points from FY2024.
- Return on Invested Capital [ROIC] has increased in each of the last four years, with a four-year change of +18.32 percentage points (FY2021 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -1.84% in FY2024 (+8.04 pp), -9.88% in FY2023 (+1.42 pp), -11.30% in FY2022 (+5.95 pp) and -17.24% in FY2021.
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2021.
- Year-over-year, Return on Invested Capital [ROIC] has increased for 15 consecutive quarters, with an average year-over-year change of +5.43 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q2 2023 (a gain of 11.19 percentage points), and the weakest in Q3 2022 (a drop of 5.68 percentage points).
- Business Quant data shows LFST's Return on Invested Capital [ROIC] at 1.76% (Q1 2026), 1.06% (Q4 2025) and 0.32% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - | 22.01% |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn | -11.74% |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn | 9.40% |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn | 8.25% |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - | 18.77% |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn | -51.95% |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn | 8.62% |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - | 15.40% |
| 10 | LifeStance Health | 4.35 Mn | -868.94 Mn | 153.04 Mn | 3.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.41% |
| Mar 31, 2026 | 1.76% |
| Dec 31, 2025 | 1.06% |
| Sep 30, 2025 | 0.32% |
| Jun 30, 2025 | -0.01% |
| Mar 31, 2025 | -0.71% |
| Dec 31, 2024 | -1.83% |
| Sep 30, 2024 | -3.79% |
| Jun 30, 2024 | -7.71% |
| Mar 31, 2024 | -9.21% |
| Dec 31, 2023 | -9.99% |
| Sep 30, 2023 | -9.97% |
| Jun 30, 2023 | -8.50% |
| Mar 31, 2023 | -9.59% |
| Dec 31, 2022 | -11.16% |
| Sep 30, 2022 | -14.87% |
| Jun 30, 2022 | -19.68% |
| Mar 31, 2022 | -18.91% |
| Dec 31, 2021 | -15.51% |
| Sep 30, 2021 | -9.24% |
API Access
LifeStance Health Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=LFST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=LFST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();