Life Time Group Holdings Inc

Life Time Group Holdings Inc

LTH · NYSE · Consumer Cyclical / Leisure

46.52USD+0.98 (+2.15%)

Price History

Full chart

Market Stats

Previous Close45.54
Open45.94
Day Range44.89 – 46.76
52-Week Range24.14 – 47.32
Volume2.34M
Market Cap9.64B
P/E (TTM)23.57
Forward P/E24.10
EPS1.83
Dividend Yield0.00%
Beta1.49
50-Day Avg41.66
200-Day Avg35.05

About

Life Time Group Holdings, Inc., through its subsidiaries, provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada. The company offers fitness floors with equipment, locker rooms, group fitness studios, cycle, yoga, pilates studios, bar and lounge, free weight and resistance equipment, cardiovascular equipment, steam room and sauna, cold plunges, racquetball and squash spaces, recovery spaces, indoor and outdoor pools and bistros, indoor and outdoor tennis and pickleball courts, basketball, volleyball courts, LifeSpa, LifeCafe, and childcare and kids academy learning spaces. It also provides dynamic personal training, dynamic stretch, small group training, weight loss coaching, nutrition coaching, medi-spa, physical therapy and chiropractic, assessments and lab testing, sport specific coaching, endurance coaching, swim lessons and team coaching, towel and locker service, experience life, and ARORA and MIORA community services. In addition, the company engages in athletic leagues and tournaments, athletic events, LT Games, social events, outdoor group runs, outdoor group cycle rides, and charity events; organizing kids' birthday parties, parents night out, summer and vacation camps for kids, sports training camps, swim meets, charity events; and providing nutritional supplements and apparels, as well as designing, building, and operating of sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment in suburban and urban locations of metropolitan areas. Further, its digital platform provides live streaming fitness classes, remote goal-based personal training, nutrition and weight loss support, curated award-winning health, and fitness and wellness content. The company was formerly known as LTF Holdings, Inc. and changed its name to Life Time Group Holdings, Inc. in June 21, 2021. The company was founded in 1992 and is headquartered in Chanhassen, Minnesota.

Company Details

  • SectorConsumer Cyclical
  • IndustryLeisure
  • CEOMr. Bahram Akradi
  • Employees52.00K
  • Headquarters2902 Corporate Place, Chanhassen, MN, United States, 55317, USA
  • Websitehttps://www.lifetime.life

Leadership

  • Mr. Bahram AkradiFounder, Chairman & CEO · b. 1961
  • Mr. Erik WeaverEVP & CFO · b. 1978
  • Mr. Eric J. BussExecutive VP & Chief Administrative Officer · b. 1967
  • Mr. R. J. SinghExecutive VP & Chief Digital Officer · b. 1972
  • Matthew HeinrichsSenior Vice President of Technology
  • Dr. James B. LaValle C.C.N., N.D., R.Ph.Chief Science Officer
  • Connor WienbergSenior Vice President of Treasury & Investor Relations
  • Mr. Erik A. LindsethSenior VP, General Counsel & Corporate Secretary · b. 1970
  • Mr. Jason ThunstromSenior Vice President of Corporate Communications & Public Relations
  • Lisa PollockSenior Vice President of Human Resources

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.75B1.90B948.38M1.32B1.82B2.22B2.62B3.00B
Growth (%)-+8.64%-50.10%+38.98%+38.28%+21.62%+18.24%+14.28%
Cost of Revenue950.59M1.04B660.05M844.10M1.07B1.18B1.39B1.57B
Gross Profit798.71M859.24M288.33M473.95M754.35M1.03B1.23B1.43B
Gross Margin45.66%45.21%30.40%35.96%41.39%46.57%46.87%47.63%
Operating Expense602.23M690.96M647.48M969.14M643.73M807.01M871.09M945.35M
Operating Income196.47M168.28M-359.15M-495.19M110.62M225.21M357.48M481.29M
Operating Margin11.23%8.86%-37.87%-37.57%6.07%10.16%13.64%16.07%
EBITDA407.93M388.75M-111.64M-260.07M339.80M469.98M631.54M789.85M
EBITDA Margin23.32%20.46%-11.77%-19.73%18.64%21.20%24.10%26.37%
Net Income40.89M30.02M-360.19M-579.37M-1.79M76.06M156.24M373.67M
Net Income Margin2.34%1.58%-37.98%-43.96%-0.10%3.43%5.96%12.48%
Interest Expense136.18M128.96M128.39M224.52M113.54M130.80M148.09M82.26M
Interest Expense % of Total Revenue7.78%6.79%13.54%17.03%6.23%5.90%5.65%2.75%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-6.18B6.02B6.26B6.63B7.03B7.15B8.79B
Total Liabilities-4.43B4.54B4.17B4.50B4.78B4.54B5.66B
Total Equity-1.75B1.48B2.09B2.12B2.25B2.61B3.13B
Cash-47.95M33.20M31.64M25.51M29.97M10.88M232.17M
Total Debt-3.78B4.06B3.76B4.04B4.26B3.99B6.75B
Net Debt-3.73B4.03B3.73B4.01B4.23B3.98B6.52B

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow336.19M358.72M-95.98M-20.03M200.97M463.00M575.12M870.52M
Investing Cash Flow-613.84M-477.81M-6.12M-269.92M-243.54M-574.16M-292.74M-685.74M
Financing Cash Flow269.69M133.32M87.39M288.40M36.80M115.55M-284.38M19.39M
Capital Expenditure604.83M624.02M265.62M328.91M591.18M693.90M524.53M891.48M
Free Cash Flow-268.63M-265.30M-361.60M-348.94M-390.21M-230.90M50.58M-20.96M
Dividends Paid-23.16M---4.51M--
FCF to OCF-79.90%-73.96%376.74%1742.16%-194.16%-49.87%8.80%-2.41%
Dividend Paid to FCF--8.73%----1.95%--

Earnings

Report DateMar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 28, 2021Sep 1, 2021Oct 8, 2021Mar 10, 2022May 11, 2022Aug 10, 2022Nov 9, 2022Mar 8, 2023Apr 25, 2023Jul 25, 2023Oct 25, 2023Feb 28, 2024May 1, 2024Aug 1, 2024Oct 24, 2024Feb 27, 2025May 8, 2025Aug 5, 2025Nov 4, 2025Feb 24, 2026May 5, 2026Jul 30, 2026Oct 29, 2026Nov 3, 2026
EPS Estimate0.000.000.000.000.000.000.00-0.33-0.41-0.30-0.11-0.080.050.060.100.160.080.150.160.250.110.280.360.360.270.380.390.400.41
EPS Actual-0.20-1.06-0.65-0.61-1.08-1.08-0.53-0.36-0.18-0.23-0.04-0.060.070.110.190.130.120.150.250.260.270.390.370.410.340.420.430.51-
Surprise--------9.56%56.10%23.33%63.64%25.00%40.00%83.33%90.00%-18.75%50.00%0.00%56.25%4.00%145.45%39.29%2.78%13.89%25.93%10.53%10.26%27.50%-
Timing-------After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap9.64B
Enterprise Value13.69B
Trailing P/E23.57
Forward P/E24.10
Price / Sales3.03
Price / Book2.92
EPS1.83
Book Value14.79
Revenue (TTM)3.18B
Gross Profit (TTM)1.53B
EBITDA848.24M
Profit Margin13.04%
Operating Margin17.05%
Return on Equity13.45%
Return on Assets4.17%
Shares Outstanding223.46M
Shares Float206.89M
Beta1.49
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 14 analystsTarget 55.93
  • Strong Buy
    12
  • Buy
    2

Ownership Breakdown

Institutions
93.42%
Insiders
8.67%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    22.66M10.14%
  • LEONARD GREEN PARTNERS LP
    11.03M4.93%
  • Dimensional Fund Advisors, Inc.
    9.18M4.11%
  • Vanguard Portfolio Management, LLC
    9.07M4.06%
  • Atairos Group, Inc
    8.77M3.92%
  • TPG GP A, LLC
    7.89M3.53%
  • Vanguard Capital Management, LLC
    6.62M2.96%
  • Wellington Management Company LLP
    6.31M2.82%
  • Westfield Capital Management Company, L.P.
    6.00M2.68%
  • State Street Corp
    5.92M2.65%
  • Ameriprise Financial Inc
    5.49M2.46%
  • T. Rowe Price Associates, Inc.
    5.05M2.26%
  • T. Rowe Price Investment Management,Inc.
    4.25M1.90%
  • Amvescap Plc.
    3.90M1.74%
  • Geode Capital Management, LLC
    3.84M1.72%
  • American Century Companies Inc
    3.69M1.65%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    11.31M5.06%
  • Vanguard MStar Total Stk Mkt Idx Invest
    4.97M2.22%
  • iShares Russell 2000 ETF
    4.08M1.83%
  • Vanguard Small Cap Index
    3.52M1.57%