Life Time Group Holdings Inc Financials

LTH

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Financial Profile 45/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Life Time Group Holdings Inc has an operating margin of 13.6%, meaning the company retains $14 of operating profit per $100 of revenue. This strong profitability earns a score of 68/100, reflecting efficient cost management and pricing power. This is up from 10.2% the prior year.

Growth

Life Time Group Holdings Inc's revenue surged 18.2% year-over-year to $2.6B, reflecting rapid business expansion. This strong growth earns a score of 81/100.

Leverage

Life Time Group Holdings Inc carries a low D/E ratio of 0.58, meaning only $0.58 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Life Time Group Holdings Inc's current ratio of 0.33 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.

Cash Flow

While Life Time Group Holdings Inc generated $575.1M in operating cash flow, capex of $524.5M consumed most of it, leaving $50.6M in free cash flow. This results in a low score of 10/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Life Time Group Holdings Inc generates a 6.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 24/100. This is up from 3.4% the prior year.

Altman Z-Score Distress

1.24

Life Time Group Holdings Inc scores 1.24, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($6.4B) relative to total liabilities ($4.5B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Strong

7/9

Life Time Group Holdings Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

3.68x

For every $1 of reported earnings, Life Time Group Holdings Inc generates $3.68 in operating cash flow ($575.1M OCF vs $156.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

This page shows Life Time Group Holdings Inc (LTH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue

$2.6B

YoY+18.2%

5Y CAGR+6.6%

Life Time Group Holdings Inc generated $2.6B in revenue in fiscal year 2024. This represents an increase of 18.2% from the prior year.

EBITDA

$632.2M

YoY+34.6%

5Y CAGR+10.2%

Life Time Group Holdings Inc's EBITDA was $632.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 34.6% from the prior year.

Free Cash Flow

$50.6M

YoY+121.5%

Life Time Group Holdings Inc generated $50.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 121.5% from the prior year.

Net Income

$156.2M

YoY+105.4%

5Y CAGR+39.1%

Life Time Group Holdings Inc reported $156.2M in net income in fiscal year 2024. This represents an increase of 105.4% from the prior year.

EPS (Diluted)

$0.74

YoY+100.0%

5Y CAGR+27.5%

Life Time Group Holdings Inc earned $0.74 per diluted share (EPS) in fiscal year 2024. This represents an increase of 100.0% from the prior year.

Cash & Debt

$10.9M

YoY-2.5%

5Y CAGR-25.7%

Life Time Group Holdings Inc held $10.9M in cash against $1.5B in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

207M

YoY+5.5%

Life Time Group Holdings Inc had 207M shares outstanding in fiscal year 2024. This represents an increase of 5.5% from the prior year.

Gross Margin

N/A

Operating Margin

13.6%

YoY+3.5pp

5Y CAGR+4.8pp

Life Time Group Holdings Inc's operating margin was 13.6% in fiscal year 2024, reflecting core business profitability. This is up 3.5 percentage points from the prior year.

Net Margin

6.0%

YoY+2.5pp

5Y CAGR+4.4pp

Life Time Group Holdings Inc's net profit margin was 6.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 2.5 percentage points from the prior year.

Return on Equity

6.0%

YoY+2.6pp

5Y CAGR+4.3pp

Life Time Group Holdings Inc's ROE was 6.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.6 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$524.5M

YoY-24.9%

5Y CAGR-3.4%

Life Time Group Holdings Inc invested $524.5M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 24.9% from the prior year.

LTH Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$2.6B+18.2%	$2.2B+21.6%	$1.8B+38.3%	$1.3B+39.0%	$948.4M-50.1%	$1.9B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$221.0M+9.9%	$201.1M-6.0%	$214.0M-55.5%	$480.5M+220.6%	$149.9M-34.2%	$227.7M
Operating Income	$357.5M+58.7%	$225.2M+103.6%	$110.6M+122.3%	-$495.2M-37.9%	-$359.1M-313.4%	$168.3M
Interest Expense	N/A	-$130.8M-15.2%	-$113.5M+49.4%	-$224.5M-74.9%	-$128.4M+0.4%	-$129.0M
Income Tax	$52.5M+180.5%	$18.7M+2369.9%	-$825K+99.4%	-$140.3M-10.0%	-$127.5M-1365.3%	$10.1M
Net Income	$156.2M+105.4%	$76.1M+4342.2%	-$1.8M+99.7%	-$579.4M-60.9%	-$360.2M-1299.6%	$30.0M
EPS (Diluted)	$0.74+100.0%	$0.37+3800.0%	$-0.01+99.7%	$-3.73-50.4%	$-2.48-1227.3%	$0.22

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$782.6M+2.8%	$761.5M+7.9%	$706.0M+6.4%	$663.3M-0.7%	$667.8M+11.9%	$596.7M+6.8%	$558.8M-4.5%	$585.2M
Cost of Revenue	$414.3M+2.6%	$403.9M+8.9%	$371.0M0.0%	$371.1M+4.4%	$355.5M+10.4%	$321.9M	N/A	$319.4M
Gross Profit	$368.3M+3.0%	$357.5M+6.7%	$335.1M+4.0%	$322.1M+3.2%	$312.3M+13.6%	$274.8M	N/A	$265.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$59.8M-3.0%	$61.7M+6.6%	$57.8M-5.5%	$61.2M+15.0%	$53.2M+9.0%	$48.9M-9.7%	$54.1M+4.8%	$51.7M
Operating Income	$135.6M+25.1%	$108.4M+0.7%	$107.7M+23.8%	$87.0M-17.0%	$104.8M+45.4%	$72.1M+22.8%	$58.7M+25.5%	$46.7M
Interest Expense	N/A	N/A	N/A	-$36.0M+4.4%	-$37.7M-0.7%	-$37.4M-8.3%	-$34.5M-4.5%	-$33.1M
Income Tax	$36.9M+34.4%	$27.5M+328.9%	$6.4M-49.1%	$12.6M-8.9%	$13.8M+39.4%	$9.9M+1781.2%	$527K-90.9%	$5.8M
Net Income	$102.4M+42.1%	$72.1M-5.3%	$76.1M+104.9%	$37.2M-29.6%	$52.8M+111.9%	$24.9M+5.2%	$23.7M+199.2%	$7.9M
EPS (Diluted)	$0.45+40.6%	$0.32-5.9%	$0.34+100.0%	$0.17-34.6%	$0.26+116.7%	$0.12+9.1%	$0.11+175.0%	$0.04

LTH Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$7.2B+1.7%	$7.0B+6.1%	$6.6B+5.9%	$6.3B+4.0%	$6.0B	N/A
Current Assets	$171.0M-2.0%	$174.5M+33.2%	$131.0M-0.4%	$131.5M-20.6%	$165.7M	N/A
Cash & Equivalents	$10.9M-2.5%	$11.2M-56.2%	$25.5M-19.4%	$31.6M-4.7%	$33.2M-30.8%	$48.0M
Inventory	$60.3M+14.1%	$52.8M+15.7%	$45.7M+11.3%	$41.0M+13.0%	$36.3M	N/A
Accounts Receivable	$25.1M+5.0%	$23.9M+78.6%	$13.4M+107.0%	$6.5M+34.5%	$4.8M	N/A
Goodwill	$1.2B0.0%	$1.2B+0.2%	$1.2B0.0%	$1.2B0.0%	$1.2B	N/A
Total Liabilities	$4.5B-4.9%	$4.8B+6.2%	$4.5B+8.1%	$4.2B-8.2%	$4.5B	N/A
Current Liabilities	$520.1M-6.7%	$557.2M+21.8%	$457.4M+12.6%	$406.3M-8.3%	$443.1M	N/A
Long-Term Debt	$1.5B-18.6%	$1.9B+3.0%	$1.8B+1.7%	$1.8B-16.8%	$2.1B	N/A
Total Equity	$2.6B+15.8%	$2.3B+6.1%	$2.1B+1.6%	$2.1B+41.2%	$1.5B-15.4%	$1.8B
Retained Earnings	-$420.6M+27.1%	-$576.8M+11.7%	-$652.9M-0.3%	-$651.1M-807.9%	-$71.7M	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$7.8B+3.0%	$7.6B+3.9%	$7.3B+2.2%	$7.2B+0.4%	$7.1B+0.4%	$7.1B+0.9%	$7.0B+2.0%	$6.9B
Current Assets	$410.3M+11.5%	$368.0M+64.4%	$223.8M+30.9%	$171.0M-12.8%	$196.1M+2.4%	$191.5M+9.7%	$174.5M+13.9%	$153.3M
Cash & Equivalents	$218.9M+24.7%	$175.5M+197.5%	$59.0M+442.3%	$10.9M-68.5%	$34.5M+85.6%	$18.6M+66.6%	$11.2M-56.1%	$25.4M
Inventory	$70.7M+6.8%	$66.2M+5.9%	$62.5M+3.7%	$60.3M+10.5%	$54.5M+2.6%	$53.1M+0.6%	$52.8M+8.7%	$48.6M
Accounts Receivable	$24.4M-6.0%	$25.9M+5.1%	$24.7M-1.7%	$25.1M-0.5%	$25.2M+10.3%	$22.9M-4.4%	$23.9M+24.6%	$19.2M
Goodwill	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B
Total Liabilities	$4.8B+2.3%	$4.7B+3.3%	$4.6B+0.8%	$4.5B-4.5%	$4.8B-0.7%	$4.8B+0.3%	$4.8B+2.1%	$4.7B
Current Liabilities	$613.4M+7.9%	$568.7M+8.8%	$522.6M+0.5%	$520.1M+17.8%	$441.6M-1.8%	$449.5M-19.3%	$557.2M+6.5%	$523.2M
Long-Term Debt	$1.5B-0.2%	$1.5B-0.3%	$1.5B-1.0%	$1.5B-17.3%	$1.8B-7.9%	$2.0B+6.9%	$1.9B+2.4%	$1.8B
Total Equity	$3.0B+4.0%	$2.9B+4.9%	$2.7B+4.8%	$2.6B+10.3%	$2.4B+2.8%	$2.3B+2.2%	$2.3B+1.7%	$2.2B
Retained Earnings	-$169.9M+37.6%	-$272.3M+20.9%	-$344.4M+18.1%	-$420.6M+15.7%	-$499.1M+9.6%	-$551.9M+4.3%	-$576.8M+3.9%	-$600.5M

LTH Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$575.1M+24.2%	$463.0M+130.4%	$201.0M+1103.4%	-$20.0M+79.1%	-$96.0M-126.8%	$358.7M
Capital Expenditures	$524.5M-24.9%	$698.0M+18.1%	$591.2M+79.7%	$328.9M+23.8%	$265.6M-57.4%	$624.0M
Free Cash Flow	$50.6M+121.5%	-$235.0M+39.8%	-$390.2M-11.8%	-$348.9M+3.5%	-$361.6M-36.3%	-$265.3M
Investing Cash Flow	-$292.7M+49.0%	-$574.2M-135.8%	-$243.5M+9.8%	-$269.9M-4314.0%	-$6.1M+98.7%	-$477.8M
Financing Cash Flow	-$284.4M-346.1%	$115.6M+214.0%	$36.8M-87.2%	$288.4M+230.0%	$87.4M-34.4%	$133.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$251.1M+28.3%	$195.7M+6.4%	$183.9M+12.7%	$163.1M-4.3%	$170.4M+88.5%	$90.4M-31.5%	$132.1M+15.2%	$114.7M
Capital Expenditures	$222.5M+0.2%	$222.0M+55.8%	$142.5M+4.5%	$136.3M-5.5%	$144.3M-8.0%	$156.8M-6.7%	$168.0M-12.9%	$192.9M
Free Cash Flow	$28.6M+208.8%	-$26.3M-163.6%	$41.4M+54.3%	$26.8M+2.7%	$26.1M+139.3%	-$66.4M-84.6%	-$36.0M+54.0%	-$78.2M
Investing Cash Flow	-$205.4M-130.8%	-$89.0M+37.2%	-$141.6M-8.4%	-$130.6M-3133.2%	$4.3M+102.7%	-$158.6M+7.0%	-$170.6M-18.4%	-$144.1M
Financing Cash Flow	-$365K-103.1%	$11.9M+61.4%	$7.4M+105.2%	-$141.6M+12.6%	-$162.1M-316.2%	$75.0M+74.2%	$43.0M+78.7%	$24.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

LTH Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	13.6%+3.5pp	10.2%+4.1pp	6.1%+43.6pp	-37.6%+0.3pp	-37.9%-46.7pp	8.9%
Net Margin	6.0%+2.5pp	3.4%+3.5pp	-0.1%+43.9pp	-44.0%-6.0pp	-38.0%-39.6pp	1.6%
Return on Equity	6.0%+2.6pp	3.4%	N/A	N/A	N/A	1.7%
Return on Assets	2.2%+1.1pp	1.1%+1.1pp	-0.0%+9.2pp	-9.3%-3.3pp	-6.0%	N/A
Current Ratio	0.33+0.0	0.31+0.0	0.29-0.0	0.32-0.1	0.37	N/A
Debt-to-Equity	0.58-0.2	0.82-0.0	0.850.0	0.85-0.6	1.44	N/A
FCF Margin	1.9%+12.5pp	-10.6%+10.8pp	-21.4%+5.1pp	-26.5%+11.7pp	-38.1%-24.2pp	-14.0%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	47.1%+0.1pp	46.9%-0.5pp	47.5%+1.0pp	46.5%-0.3pp	46.8%+0.7pp	46.1%	N/A	45.4%
Operating Margin	17.3%+3.1pp	14.2%-1.0pp	15.3%+2.1pp	13.1%-2.6pp	15.7%+3.6pp	12.1%+1.6pp	10.5%+2.5pp	8.0%
Net Margin	13.1%+3.6pp	9.5%-1.3pp	10.8%+5.2pp	5.6%-2.3pp	7.9%+3.7pp	4.2%-0.1pp	4.2%+2.9pp	1.4%
Return on Equity	3.4%+0.9pp	2.5%-0.3pp	2.8%+1.4pp	1.4%-0.8pp	2.2%+1.1pp	1.1%+0.0pp	1.1%+0.7pp	0.4%
Return on Assets	1.3%+0.4pp	0.9%-0.1pp	1.0%+0.5pp	0.5%-0.2pp	0.7%+0.4pp	0.4%+0.0pp	0.3%+0.2pp	0.1%
Current Ratio	0.67+0.0	0.65+0.2	0.43+0.1	0.33-0.1	0.44+0.0	0.43+0.1	0.31+0.0	0.29
Debt-to-Equity	0.50-0.0	0.52-0.0	0.55-0.0	0.58-0.2	0.77-0.1	0.86+0.0	0.820.0	0.82
FCF Margin	3.7%+7.1pp	-3.5%-9.3pp	5.9%+1.8pp	4.0%+0.1pp	3.9%+15.0pp	-11.1%-4.7pp	-6.4%+6.9pp	-13.4%

Note: The current ratio is below 1.0 (0.33), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Life Time Group Holdings Inc's annual revenue?

Life Time Group Holdings Inc (LTH) reported $2.6B in total revenue for fiscal year 2024. This represents a 18.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Life Time Group Holdings Inc's revenue growing?

Life Time Group Holdings Inc (LTH) revenue grew by 18.2% year-over-year, from $2.2B to $2.6B in fiscal year 2024.

Is Life Time Group Holdings Inc profitable?

Yes, Life Time Group Holdings Inc (LTH) reported a net income of $156.2M in fiscal year 2024, with a net profit margin of 6.0%.

What is Life Time Group Holdings Inc's earnings per share (EPS)?

Life Time Group Holdings Inc (LTH) reported diluted earnings per share of $0.74 for fiscal year 2024. This represents a 100.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Life Time Group Holdings Inc's EBITDA?

Life Time Group Holdings Inc (LTH) had EBITDA of $632.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Life Time Group Holdings Inc have?

As of fiscal year 2024, Life Time Group Holdings Inc (LTH) had $10.9M in cash and equivalents against $1.5B in long-term debt.

What is Life Time Group Holdings Inc's operating margin?

Life Time Group Holdings Inc (LTH) had an operating margin of 13.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Life Time Group Holdings Inc's net profit margin?

Life Time Group Holdings Inc (LTH) had a net profit margin of 6.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Life Time Group Holdings Inc's return on equity (ROE)?

Life Time Group Holdings Inc (LTH) has a return on equity of 6.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Life Time Group Holdings Inc's free cash flow?

Life Time Group Holdings Inc (LTH) generated $50.6M in free cash flow during fiscal year 2024. This represents a 121.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Life Time Group Holdings Inc's operating cash flow?

Life Time Group Holdings Inc (LTH) generated $575.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Life Time Group Holdings Inc's total assets?

Life Time Group Holdings Inc (LTH) had $7.2B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Life Time Group Holdings Inc's capital expenditures?

Life Time Group Holdings Inc (LTH) invested $524.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Life Time Group Holdings Inc have outstanding?

Life Time Group Holdings Inc (LTH) had 207M shares outstanding as of fiscal year 2024.

What is Life Time Group Holdings Inc's current ratio?

Life Time Group Holdings Inc (LTH) had a current ratio of 0.33 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Life Time Group Holdings Inc's debt-to-equity ratio?

Life Time Group Holdings Inc (LTH) had a debt-to-equity ratio of 0.58 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Life Time Group Holdings Inc's return on assets (ROA)?

Life Time Group Holdings Inc (LTH) had a return on assets of 2.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Life Time Group Holdings Inc's Altman Z-Score?

Life Time Group Holdings Inc (LTH) has an Altman Z-Score of 1.24, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Life Time Group Holdings Inc's Piotroski F-Score?

Life Time Group Holdings Inc (LTH) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Life Time Group Holdings Inc's earnings high quality?

Life Time Group Holdings Inc (LTH) has an earnings quality ratio of 3.68x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Life Time Group Holdings Inc?

Life Time Group Holdings Inc (LTH) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.