Life Time Group Holdings, Inc. (LTH)
Life Time Group Holdings, Inc. (LTH) delivers extensive health, fitness, and well-being experiences to its individual clientele throughout the United States and Canada. The company's primary business involves the design, construction, and operation of upscale, resort-inspired centers, which integrate facilities for sports, athletics, professional fitness, family recreation, and spa services. These establishments are predominantly situated in urban and suburban areas within major metropolitan regions. Inside these comprehensive centers, members can access fully equipped exercise areas, private locker rooms, a variety of group fitness studios, both indoor and outdoor swimming pools, on-site dining options such as bistros and LifeCafe, and athletic courts for tennis and basketball. Additional amenities include LifeSpa services and dedicated childcare along with Kids Academy educational programs. Furthermore, Life Time extends its reach digitally through Life Time Digital, offering live-streamed workout sessions, remote personal training tailored to individual goals, nutritional and weight management guidance, and a rich library of expert-curated health and wellness content. This platform also facilitates access to Apple Fitness+ for additional content and health metric monitoring. The company is also involved in media endeavors, organizing athletic events, and providing related support services. By December 31, 2021, Life Time managed 151 locations spanning 29 U.S. states and one Canadian province. Of these, 63 were company-owned (including ground leases), while 88 were operated under lease agreements. Founded in 1992, the entity was formerly known as LTF Holdings, Inc. It adopted the name Life Time Group Holdings, Inc. on June 21, 2021, and its main office is located in Chanhassen, Minnesota.
Sector: Services-Membership Sports & Recreation Clubs
Industry: Leisure
Life Time Group Holdings, Inc.
No splits on record
Nothing in LTH's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Revenue | $3B | $2.62B | $2.22B | $1.82B | $1.32B | $948.38M | $1.9B | $1.75B |
| YoY Growth | 14.3% | 18.2% | 21.6% | 38.3% | 39.0% | -50.1% | 8.6% | - |
| Cost of Revenue | $1.57B | $1.39B | $1.18B | $1.07B | $844.1M | $660.05M | $1.04B | $950.59M |
| Gross Profit | $1.43B | $1.23B | $1.03B | $754.35M | $473.95M | $288.33M | $859.24M | $798.71M |
| Gross Margin | 47.6% | 46.9% | 46.6% | 41.4% | 36.0% | 30.4% | 45.2% | 45.7% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $583.78M | $525.99M | $476.25M | $460.12M | $694.93M | $336.15M | $393.65M | $321.59M |
| Other | $361.57M | $345.1M | $328.05M | $183.61M | $274.21M | $311.33M | $297.31M | $280.65M |
| Total Operating Expenses | $945.35M | $871.09M | $807.01M | $643.73M | $969.14M | $647.48M | $690.96M | $602.23M |
| Operating Income (EBIT) | $481.29M | $357.48M | $225.21M | $110.62M | -$495.19M | -$359.15M | $168.28M | $196.47M |
| Operating Margin | 16.1% | 13.6% | 10.2% | 6.1% | -37.6% | -37.9% | 8.9% | 11.2% |
| Interest Expense | $0 | $148.09M | $130.8M | $113.54M | $224.52M | $128.39M | $128.96M | $136.18M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $12.21M | -$148.72M | -$130.42M | -$113.24M | -$224.53M | -$128.58M | -$128.15M | -$135.36M |
| Income Before Tax (EBT) | $493.5M | $208.77M | $94.79M | -$2.62M | -$719.71M | -$487.73M | $40.13M | $61.11M |
| Income Tax Expense | $119.83M | $52.53M | $18.73M | -$825K | -$140.34M | -$127.54M | $10.08M | $20.17M |
| Net Income | $373.67M | $156.24M | $76.06M | -$1.79M | -$579.37M | -$360.19M | $30.02M | $40.89M |
| Net Income Margin | 12.5% | 6.0% | 3.4% | -0.1% | -44.0% | -38.0% | 1.6% | 2.3% |
| Supplementary Data | ||||||||
| EPS | 1.71 | 0.77 | 0.39 | -0.01 | -3.00 | -1.88 | 0.16 | 0.21 |
| Diluted EPS | 1.66 | 0.74 | 0.37 | -0.01 | -3.00 | -1.88 | 0.16 | 0.21 |
| Weighted Average OS | 218.03M | 201.64M | 195.67M | 193.57M | 193.06M | 191.48M | 191.48M | 191.48M |
| EBITDA | $789.85M | $631.54M | $469.98M | $339.8M | -$260.07M | -$111.64M | $388.75M | $407.93M |
| EBITDA Margin | 26.4% | 24.1% | 21.2% | 18.6% | -19.7% | -11.8% | 20.5% | 23.3% |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $232.17M | $10.88M | $29.97M | $25.51M | $31.64M | $33.2M | $47.95M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $232.17M | $10.88M | $29.97M | $25.51M | $31.64M | $33.2M | $47.95M |
| Accounts Receivable | $36.32M | $38.52M | $59.28M | $23M | $24.95M | $21.39M | $58.36M |
| Inventory | $67.62M | $60.27M | $52.8M | $45.66M | $41.01M | $36.28M | $44.31M |
| Other Current Assets | $15.48M | $31.48M | $26.99M | $26.87M | $3.15M | $56.9M | $38.79M |
| Total Current Assets | $385.76M | $170.97M | $174.52M | $131.04M | $131.52M | $165.7M | $210.78M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $6.13B | $5.51B | $5.37B | $5.02B | $4.66B | $4.4B | $4.51B |
| Goodwill | $1.24B | $1.24B | $1.24B | $1.23B | $1.23B | $1.23B | $1.23B |
| Intangible Assets | $180.81M | $171.64M | $172.13M | $173.4M | $174.24M | $164.42M | $168.24M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $781.67M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $80.71M | $67.58M | $75.91M | $69.74M | $61.74M | $52.95M | $57.67M |
| Total Long-Term Assets | $8.4B | $6.98B | $6.86B | $6.49B | $6.13B | $5.85B | $5.97B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $8.79B | $7.15B | $7.03B | $6.63B | $6.26B | $6.02B | $6.18B |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $233.79M | $87.81M | $81.25M | $73.97M | $71.31M | $54.1M | $53.95M |
| Short-Term Debt | $113.17M | $22.58M | $73.85M | $15.22M | $23.53M | $139.27M | $36.23M |
| Current Income Tax Payable | $0 | $34.78M | $32.16M | $32.37M | $32.95M | $31.02M | $29.59M |
| Current Unearned Revenue | $60.31M | $58.25M | $49.3M | $36.86M | $33.87M | $42.27M | $44.79M |
| Other Current Liabilities | $149.19M | $25.06M | $16.13M | $14.53M | $4.66M | $1.4M | $989K |
| Total Current Liabilities | $609.51M | $520.1M | $557.2M | $457.41M | $406.25M | $443.13M | $391.59M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $4.04B | $1.51B | $1.86B | $1.81B | $1.78B | $2.13B | $2.22B |
| Long-Term Unearned Revenue | $41K | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $953.6M | $85.25M | $56.07M | $41.39M | $55.21M | $195.12M | $295M |
| Other Long-Term Liabilities | -$2.54B | $42.58M | $36.88M | $34.18M | $18.22M | $26.17M | $22.59M |
| Total Long-Term Liabilities | $5.05B | $4.02B | $4.22B | $4.04B | $3.76B | $4.09B | $4.03B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $5.66B | $4.54B | $4.78B | $4.5B | $4.17B | $4.54B | $4.43B |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2.21M | $2.08M | $1.97M | $1.94M | $1.93M | $1.45M | $1.42M |
| Retained Earnings | -$46.9M | -$420.57M | -$576.81M | -$652.88M | -$651.08M | -$71.71M | $288.48M |
| Comprehensive Income & Other | -$12.13M | -$12.8M | -$6.92M | -$9.22M | -$3.02M | -$3.23M | -$4.65M |
| Other Stockholders' Equity | $3.17B | $3.03B | $2.83B | $2.78B | $2.74B | $1.55B | $1.46B |
| Total Equity | $3.13B | $2.61B | $2.25B | $2.12B | $2.09B | $1.48B | $1.75B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $8.79B | $7.15B | $7.03B | $6.63B | $6.26B | $6.02B | $6.18B |
| Supplementary Data | |||||||
| Total Debt | $6.75B | $3.99B | $4.26B | $4.04B | $3.76B | $4.06B | $3.78B |
| Net Debt | $6.52B | $3.98B | $4.23B | $4.01B | $3.73B | $4.03B | $3.73B |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Operating Activities | ||||||||
| Net Income | $373.67M | $156.24M | $76.06M | -$1.79M | -$579.37M | -$360.19M | $30.05M | $40.94M |
| Depreciation & Amortization | $296.35M | $274.68M | $244.4M | $228.88M | $235.12M | $247.69M | $220.47M | $211.45M |
| Deferred Income Tax | $87.49M | $29.46M | $14.58M | -$13.56M | -$139.94M | -$99.91M | $3.44M | $21.29M |
| Stock-Based Compensation | $51.75M | $51.03M | $50.14M | $37.29M | $334.34M | $0 | $24.15M | $100K |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | $5.79M | $2.71M | -$22.21M | -$5.99M | -$1.74M | $11.64M | -$7.05M | -$256K |
| Inventory | -$7.32M | -$7.52M | -$7.13M | -$4.7M | -$4.73M | $8.04M | -$2.59M | -$1.41M |
| Accounts Payable | $3.51M | $7.05M | $7.14M | $2.99M | $17.19M | $397K | -$3.55M | $10.82M |
| Other Working Capital | $27.5M | $148K | $28.66M | $11.07M | $15.99M | $17.43M | $49.75M | $22.97M |
| Total Working Capital Change | $29.49M | $2.39M | $6.46M | $3.37M | $26.72M | $37.52M | $36.56M | $32.12M |
| Other Non-Cash Items | $31.78M | $61.32M | $71.36M | -$53.22M | $103.1M | $78.91M | $44.05M | $30.29M |
| Net Cash from Operating | $870.52M | $575.12M | $463M | $200.97M | -$20.03M | -$95.98M | $358.72M | $336.19M |
| Investing Activities | ||||||||
| Capital Expenditures | -$891.48M | -$524.53M | -$693.9M | -$591.18M | -$328.91M | -$265.62M | -$624.02M | -$604.83M |
| Acquisitions | $227.42M | $0 | -$5.71M | $351.85M | -$9.53M | -$100K | -$50.63M | -$6.85M |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$21.68M | $231.79M | $125.45M | -$4.21M | $68.52M | $259.6M | $196.83M | -$2.17M |
| Net Cash from Investing | -$685.74M | -$292.74M | -$574.16M | -$243.54M | -$269.92M | -$6.12M | -$477.81M | -$613.84M |
| Financing Activities | ||||||||
| Debt Repaid | $20.41M | -$1.01B | -$98.23M | -$13.04M | $365.94M | $2.15M | -$51.2M | -$233.17M |
| Common Stock Issuance | $46.78M | $123.96M | $19.25M | $3.75M | $701.93M | $90M | $105.27M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$6.98M | -$1.42B | -$1.93M | $20.01M | -$1.51M | -$460K | -$23.16M | -$21.3M |
| Net Cash from Financing | $19.39M | -$284.38M | $115.55M | $36.8M | $288.4M | $87.39M | $133.32M | $269.69M |
| Forex Effect | $113K | -$76K | $61K | -$353K | -$9K | -$55K | $208K | -$217K |
| Net Change in Cash | $204.29M | -$2.09M | $4.46M | -$6.13M | -$1.56M | -$14.76M | $14.43M | -$8.18M |
| Supplementary Data | ||||||||
| Operating Cash Flow | $870.52M | $575.12M | $463M | $200.97M | -$20.03M | -$95.98M | $358.72M | $336.19M |
| Capital Expenditure | -$891.48M | -$524.53M | -$693.9M | -$591.18M | -$328.91M | -$265.62M | -$624.02M | -$604.83M |
| Free Cash Flow | -$20.96M | $50.58M | -$230.9M | -$390.21M | -$348.94M | -$361.6M | -$265.3M | -$268.63M |
| Cash at Beginning | $27.88M | $29.97M | $25.51M | $31.64M | $33.2M | $47.95M | $33.52M | $41.7M |
| Cash at End | $232.17M | $27.88M | $29.97M | $25.51M | $31.64M | $33.2M | $47.95M | $33.52M |