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LifeStance Health Group (LifeStance Health Group) Gross Margin % : 29.69% (As of Dec. 2023)


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What is LifeStance Health Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. LifeStance Health Group's Gross Profit for the three months ended in Dec. 2023 was $83 Mil. LifeStance Health Group's Revenue for the three months ended in Dec. 2023 was $281 Mil. Therefore, LifeStance Health Group's Gross Margin % for the quarter that ended in Dec. 2023 was 29.69%.


The historical rank and industry rank for LifeStance Health Group's Gross Margin % or its related term are showing as below:

LFST' s Gross Margin % Range Over the Past 10 Years
Min: 27.57   Med: 28.99   Max: 30.19
Current: 28.62


During the past 5 years, the highest Gross Margin % of LifeStance Health Group was 30.19%. The lowest was 27.57%. And the median was 28.99%.

LFST's Gross Margin % is ranked worse than
68.8% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.53 vs LFST: 28.62

LifeStance Health Group had a gross margin of 29.69% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for LifeStance Health Group was 0.00% per year.


LifeStance Health Group Gross Margin % Historical Data

The historical data trend for LifeStance Health Group's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LifeStance Health Group Gross Margin % Chart

LifeStance Health Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
29.36 - 30.19 27.57 28.62

LifeStance Health Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.33 27.56 28.11 28.99 29.69

Competitive Comparison of LifeStance Health Group's Gross Margin %

For the Medical Care Facilities subindustry, LifeStance Health Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LifeStance Health Group's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, LifeStance Health Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where LifeStance Health Group's Gross Margin % falls into.



LifeStance Health Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

LifeStance Health Group's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=302.1 / 1055.665
=(Revenue - Cost of Goods Sold) / Revenue
=(1055.665 - 753.569) / 1055.665
=28.62 %

LifeStance Health Group's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=83.3 / 280.603
=(Revenue - Cost of Goods Sold) / Revenue
=(280.603 - 197.289) / 280.603
=29.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


LifeStance Health Group  (NAS:LFST) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

LifeStance Health Group had a gross margin of 29.69% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


LifeStance Health Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of LifeStance Health Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


LifeStance Health Group (LifeStance Health Group) Business Description

Traded in Other Exchanges
N/A
Address
4800 North Scottsdale Road, Suite 6000, Scottsdale, AZ, USA, AZ 85251
LifeStance Health Group Inc is a provider of virtual and in-person outpatient mental health care for children, adolescents and adults experiencing a variety of mental health conditions.
Executives
Kevin Michael Mullins officer: Chief Development Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Paula Cipollone officer: See Remarks 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Warren Gouk officer: Chief Administrative Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Ann Varanakis officer: Chief People Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Anisha Patel-dunn officer: Chief Medical Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Ryan Pardo officer: See Remarks 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Danish J. Qureshi officer: Chief Growth Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Pablo Pantaleoni officer: Chief Digital Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
David Bourdon officer: Chief Financial Officer 6303 COWBOYS WAY, SUITE 350, FRISCO TX 75034
Kenneth A Burdick director, officer: Chief Executive Officer 6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
Felicia Gorcyca officer: Chief People Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Michael K. Lester director, officer: See Remarks 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Gwen H. Booth officer: Chief Operating Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Jesse Michael Bruff officer: Chief Financial Officer 3100 HANSEN WAY, PALO ALTO CA 94304
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102