LTHNYSEServices-Membership Sports & Recreation ClubsFiscal year ends December 31
Life Time Group Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$40.58+0.06 (+0.15%)
Close on Oct 19, 2026
- Market cap
- $9.23B
- P/E (TTM)
- 22.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
47.6%
Operating margin
16.1%+53.9 pts over 5 years
Net margin
12.5%+50.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +14.3% | +18.0% | +25.9% | – | |
| Gross profit | +16.1% | – | – | – | |
| Operating income | +34.6% | +63.3% | – | – | |
| Net income | +139.2% | – | – | – | |
| EPS, diluted | +124.3% | – | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -22.3% | 13.0% | |
| Return on assets | – | – | 4.9% | |
| Current ratio | – | 0.37 | 0.63 | |
| Debt to equity | – | 1.53 | 0.48 | |
| Net debt to EBITDA | – | -20.09× | 1.68× | |
| Inventory turnover | – | – | 24.5× | |
| Capex to revenue | – | 28.0% | 29.8% | |
| Diluted shares | – | 145M | 225M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Life Time Group generated $2.13B from operations and spent $3.03B on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$2.13B
Used
$3.03B
Capital expenditure$3.03B100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin12.5%
×Asset turnover0.40×
×Equity multiplier2.64×
=Return on equity, FY202513.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 12.5% | 0.40× | 2.64× | 13.0% |
| FY2024 | 6.0% | 0.37× | 2.92× | 6.4% |
| FY2023 | 3.4% | 0.32× | 3.12× | 3.5% |
| FY2022 | -0.1% | 0.28× | 3.06× | -0.1% |
| FY2021 | -44.0% | 0.21× | 3.44× | -32.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$373.67M
- Cash generatingOperating cash flow above zero$870.53M
- Return on assets improvedROA up on the prior year2.2% → 5.2%
- Earnings backed by cashOperating cash flow above net income$870.53M vs $373.67M
- Less leverageLong-term debt to assets fell21.2% → 18.6%
- Better liquidityCurrent ratio rose0.33 → 0.63
- No dilutionShare count did not rise211M → 225M
- Gross margin improvedGross margin up on the prior year46.87% → 47.63%
- More efficientAsset turnover rose0.37 → 0.42