LFSTLifeStance Health Group, Inc.
Services-Health Services
- Revenue
- $1.4B
- 14% YoY
- Operating margin
- 1.7%
- 167% YoY
- EBITDA
- $66M
- 626% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.8×
- $50M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear15× net incomeCash flow under 80% of net income
- Dilutive SBCClear5% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired60% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1M | $860M | $1.1B | $1.3B | $1.4B | 14% |
| Operating income | −$286M | −$210M | −$189M | −$32M | $24M | 176% |
| Net income | −$307M | −$216M | −$186M | −$57M | $10M | 117% |
| Operating cash flow | $9M | $53M | −$17M | $107M | $146M | 36% |
| Capex | $94M | $79M | $41M | $22M | $36M | 68% |
| Stock-based comp | $259M | $187M | $99M | $76M | $75M | 1.9% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $226M · 1
- Net
- −$226M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 32 | 85 |
| FY2024 | — | — | 34 | 70 |
| FY2023 | — | — | 36 | 68 |
| FY2022 | — | — | 23 | 65 |
| FY2021 | — | — | 43 | 91 |