Life Time Group Holdings Inc Stock Price, News & Analysis

Life Time Group Holdings (NYSE: LTH) has announced a secondary offering of 23,000,000 shares of common stock. The offering includes 18,000,000 shares from affiliates of Leonard Green & Partners, TPG Inc., and Partners Group, plus 5 million shares from CEO Bahram Akradi.

Akradi's shares come from exercising 9,388,000 options granted in 2015, with the sale primarily intended to cover tax obligations. Following the offering, Akradi will have increased his ownership by approximately 25% to over 15.2 million shares since the company's October 2021 IPO.

J.P. Morgan and BofA Securities are serving as underwriters for the offering. Life Time will not receive any proceeds from the sale, as all proceeds will go to the selling stockholders. The offering's completion is subject to market conditions, with no guaranteed timeline or terms.

Life Time (NYSE: LTH) reported strong financial results for Q4 and full-year 2024. Total revenue increased 18.7% to $663.3 million in Q4 and 18.2% to $2,621.0 million for the year. Net income grew 57.0% to $37.2 million in Q4 and 105.3% to $156.2 million annually.

Key highlights include:

• Center memberships grew 6.4% YoY to 812,062
• Total subscriptions increased 6.3% to 866,085
• Adjusted EBITDA rose 28.5% to $177.0 million in Q4
• Net debt leverage ratio reduced to under 2.3 times
• Opened 8 new centers in 2024, reaching 179 total locations

For 2025, Life Time expects:

• 10-12 new center openings
• Comparable center revenue growth of 7-8%
• Net debt leverage ratio maintained at or below 2.25 times

Life Time (NYSE: LTH) has published an article in their Experience Life magazine featuring insights from Henry Emmons, MD, an integrative psychiatrist specializing in mental health. The article highlights three key supplements that support mental health:

• B Vitamins: Essential for brain function and neurotransmitter production, can reduce depression and anxiety symptoms while improving mood and cognitive function.
• Magnesium: Important for nerve transmission with calming effects on the nervous system, helping alleviate stress and improve sleep.
• Omega-3 Fatty Acids: Support brain-cell structure and communication while reducing depression symptoms and improving mood.

The article notes that while these nutrients are available in whole foods, many people have deficiencies and may benefit from high-quality supplements. Life Time offers products like LTH Daily Multivitamin, LTH Calm Magnesium, and LTH GLOW Omega-3 Fish Oil as supplement options.

Life Time (NYSE: LTH) is launching a complimentary Ultimate Protein Reset program, starting March 3, 2025, in celebration of National Protein Day and National Nutrition Month. The 30-day program, available through the free Life Time app, offers expert guidance on achieving optimal protein intake.

Participants will receive access to Life Time's dietitian team, weekly live education sessions, meal ideas, and shopping lists. The program aims to help individuals understand and meet their protein requirements for muscle recovery, metabolism, and satiety.

To support the initiative, Life Time showcases its LTH protein product line, including:

• LTH Build Whey+All-In-One with 30g protein
• LTH Whey Protein from grass-fed sources with 20g protein
• LTH Flex Whey Protein Isolate for athletes
• LTH Fuel Vegan+All-In-One with 30g plant-based protein
• LTH Vital Vegan Protein with 20g protein
• LTH Prime Collagen Powder and Rewind Collagen Elixir for skin, hair, and joint health

Life Time (NYSE: LTH) has achieved Great Place To Work® certification, based on an anonymous survey of thousands of team members across the United States. The survey revealed that 74% of Life Time employees consider it a great place to work, significantly higher than the 57% average for typical U.S. companies.

Key survey findings showed that 86% of team members felt welcome upon joining, 85% expressed pride in their employment, and 83% believed their work makes a difference. The company currently employs over 41,000 team members across North America, operating in more than 175 athletic country clubs and corporate offices in Minnesota.

Life Time (NYSE: LTH) announced its fifth annual Ride of a Life Time charity event, scheduled for March 8, 2025, across more than 160 locations nationwide. The event is expanding beyond cycling to include various group classes and Signature Training formats. Registration is open to both members and non-members at $25 per class.

The fundraiser benefits Children's Miracle Network Hospitals and the Life Time Foundation, targeting a $1.5 million goal for 2025. Since its 2021 inception, the event has raised over $3.5 million, including $1.1 million in the previous year. The funds support 170 children's hospitals across the U.S. and Canada, serving 12 million kids annually, while also promoting healthy food initiatives in schools and environmental conservation efforts.

Life Time (NYSE: LTH) has launched the Everyday Well Challenge, a new four-week program available exclusively through their complimentary Life Time app from February 3 through February 28, 2025. The program focuses on building sustainable wellness habits through four weekly themes: daily rhythm reset, morning momentum, mindful nourishment, and micro moments for lasting wellness.

The challenge is part of Life Time's expanded digital offerings, which include over 100 on-demand classes, guided meditations, custom health programs, and content from Experience Life magazine. The app also features L.AI.C, an AI companion being trained in Life Time's athletic country club services to provide personalized recommendations for club members, with future availability planned for all digital users.

Life Time Miami Marathon & Half celebrated its 23rd annual event with nearly 18,500 runners from 48 states and 75 countries participating in the sold-out race. Paul Eyanae from Kenya won the marathon with a time of 2:20:00, while Beth Marzigliano from Naples claimed the women's title in 3:03:02.

In the Half Marathon, Solomon Kagimbi became Miami's first two-time men's winner with a time of 1:04:27, while Nell Rojas from Boulder matched the women's course record at 1:13:53. The event, marking its fourth consecutive sellout, featured participants ranging from 14 to 88 years old, with temperatures between 72-78 degrees throughout the race day.

Life Time (NYSE: LTH) has announced plans to install cold plunges at over 70 of its athletic country clubs nationwide by summer 2025. This expansion builds upon their existing 20+ cold plunges and complements their comprehensive recovery and rejuvenation offerings. According to their recent survey, 43% of over 1,000 respondents expressed interest in trying or increasing ice baths and cryotherapy.

The cold plunges offer various health benefits, including energy boosting, inflammation reduction, and recovery aid. The company recommends starting with 30-second sessions and gradually building tolerance. The initiative is part of Life Time's broader recovery offerings, which include Rejuvenation Suites with saunas, steam rooms, whirlpools, and dedicated LT Recovery spaces featuring Dynamic Stretch programming, hydromassage, cryotherapy beds, and other recovery equipment.