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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $3.0B | $778M | $374M | $-21M | 12.0% | 14.3% | 139.2% |
| 2024 | $2.6B | $632M | $156M | $51M | 6.0% | 18.2% | 105.4% |
| 2023 | $2.2B | $470M | $76M | $-235M | 3.4% | 21.6% | -4342.2% |
| 2022 | $1.8B | $340M | $-2M | $-390M | -0.1% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,822.56 | 2,216.59 | 2,621 | 2,995.26 |
| Operating Revenue | - | 1,769.52 | 2,154.33 | 2,546.65 | 2,908.71 |
| Cost Of Revenue | - | 1,068.21 | 1,184.37 | 1,392.42 | 1,568.61 |
| Gross Profit | - | 754.35 | 1,032.22 | 1,228.57 | 1,426.64 |
| Operating Expense | - | 643.73 | 807.01 | 871.09 | 945.35 |
| Selling General And Administration | - | 459.20 | 476.25 | 525.99 | 583.78 |
| Total Expenses | - | 1,711.94 | 1,991.38 | 2,263.51 | 2,513.96 |
| Operating Income | - | 110.62 | 225.21 | 357.48 | 481.29 |
| Total Operating Income As Reported | - | 110.62 | 225.21 | 357.48 | 481.29 |
| EBITDA | - | 339.50 | 469.61 | 632.16 | 777.64 |
| Normalized EBITDA | - | 339.50 | 469.61 | 632.16 | 777.64 |
| EBIT | - | 110.62 | 225.21 | 357.48 | 481.29 |
| Interest Expense | 224.52 | 113.54 | - | - | - |
| Net Interest Income | - | -113.54 | -130.80 | -148.10 | -82.26 |
| Other Non Operating Income Expenses | - | - | - | - | 94.24 |
| Other Income Expense | - | 0.30 | 0.38 | -0.62 | 94.47 |
| Interest Expense Non Operating | 224.52 | 113.54 | - | - | - |
| Net Non Operating Interest Income Expense | - | -113.54 | -130.80 | -148.10 | -82.26 |
| Pretax Income | - | -2.62 | 94.79 | 208.77 | 493.50 |
| Tax Provision | - | -0.82 | 18.73 | 52.53 | 119.83 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | -1.79 | 76.06 | 156.24 | 373.67 |
| Net Income From Continuing And Discontinued Operation | - | -1.79 | 76.06 | 156.24 | 373.67 |
| Net Income From Continuing Operation Net Minority Interest | - | -1.79 | 76.06 | 156.24 | 373.67 |
| Net Income | - | -1.79 | 76.06 | 156.24 | 373.67 |
| Net Income Common Stockholders | - | -1.79 | 76.06 | 156.24 | 373.67 |
| Net Income Including Noncontrolling Interests | - | -1.79 | 76.06 | 156.24 | 373.67 |
| Normalized Income | - | -1.79 | 76.06 | 156.24 | 373.67 |
| Diluted NI Availto Com Stockholders | - | -1.79 | 76.06 | 156.24 | 373.67 |
| Basic Average Shares | - | 193.57 | 195.67 | 201.64 | 218.03 |
| Diluted Average Shares | - | 193.57 | 204 | 211.16 | 225.50 |
| Reconciled Depreciation | - | 228.88 | 244.40 | 274.68 | 296.35 |
| Reconciled Cost Of Revenue | - | 1,068.21 | 1,184.37 | 1,392.42 | 1,568.61 |
| Minority Interests | 0 | - | - | - | - |
| Depreciation Amortization Depletion Income Statement | - | 228.88 | 244.40 | 274.68 | 296.35 |
| Depreciation And Amortization In Income Statement | - | 228.88 | 244.40 | 274.68 | 296.35 |
| General And Administrative Expense | - | 459.20 | 476.25 | 525.99 | 583.78 |
| Other Gand A | - | 213.98 | 201.13 | 221.05 | 244.61 |
| Rent Expense Supplemental | - | 245.23 | 275.12 | 304.94 | 339.17 |
| Total Other Finance Cost | - | 113.54 | 130.80 | 148.10 | 82.26 |
| Other Operating Expenses | - | -44.36 | 86.36 | 70.42 | 65.22 |
| Rent And Landing Fees | - | 245.23 | 275.12 | 304.94 | 339.17 |
| Earnings From Equity Interest | - | 0.30 | 0.38 | -0.62 | 0.23 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Life Time Group Holdings, Inc.this co. | LTH | $7.2B | 19.39β premium | 2.32 | 12.0% | 14.40 |
| CarMax, Inc. | KMX | $6.7B | 26.91 | 1.13 | 4.2% | 15.58 |
| Urban Outfitters, Inc. | URBN | $6.5B | 14.06 | 2.32 | 16.5% | 9.68 |
| LKQ Corporation | LKQ | $6.4B | 10.60 | 0.98 | 9.3% | 7.75 |
| Mohawk Industries, Inc. | MHK | $6.4B |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 17.34 |
| 0.77 |
| 4.4% |
| 7.03 |
| Etsy, Inc. | ETSY | $6.4B | 39.04 | - | -14.8% | 21.30 |
| Caesars Entertainment, Inc. | CZR | $6.0B | -11.87 | 1.70 | -14.3% | 9.10 |
| Brinker International, Inc. | EAT | $5.9B | 15.28 | 15.78 | 103.3% | 10.46 |
| Red Rock Resorts, Inc. | RRR | $5.7B | 30.56 | 27.59 | 90.3% | 11.29 |
| Peer Median | - | 16.31 | 1.70 | 6.9% | 10.07 | |