Healthequity vs Lifestance Health Group
Healthequity and Lifestance Health Group are similar in size: $1.31bn and $1.42bn of revenue in their latest fiscal years. Lifestance Health Group grew faster (13.9% against 9.5%). Healthequity kept more of each dollar of sales as profit: a net margin of 16.4% against 0.7%. Lifestance Health Group carries less debt relative to equity (18.6% against 45.4%).
| Latest fiscal year | HealthequityHQY, 2026 | Lifestance Health GroupLFST, 2025 |
|---|---|---|
| Revenue | $1.31bn | $1.42bn |
| Revenue growth | 9.5% | 13.9% |
| Net income | $215m | $9.7m |
| Operating margin | 24.6% | 1.7% |
| Net margin | 16.4% | 0.7% |
| Return on equity | 10.2% | 0.7% |
| Free cash flow | $455m | $110m |
| Cash | $319m | $249m |
| Total debt | $957m | $283m |
| Debt to equity | 45.4% | 18.6% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $299m | — |
| Employees | 2,814 | 10,961 |
| Market value | $8.52bn | $5.13bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 64 (Moderate) | 17 (Weak) |
| Insider trades, 12 months | 2 buys, 13 sales | 0 buys, 31 sales |