Life Time Group (LTH) Financials

$33.08 +0.30 (+0.90%)

Closing price 03:59 PM Eastern

Extended Trading

$33.06 -0.01 (-0.03%)

As of 05:12 PM Eastern

Annual Income Statements for Life Time Group

This table shows Life Time Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	30	-360	-579	-1.79	76	156	374
Consolidated Net Income / (Loss)	30	-360	-579	-1.79	76	156	374
Net Income / (Loss) Continuing Operations	30	-360	-579	-1.79	76	156	374
Total Pre-Tax Income	40	-488	-720	-2.62	95	209	494
Total Operating Income	168	-359	-495	111	225	357	481
Total Gross Profit	859	288	474	754	1,032	1,229	1,427
Total Revenue	1,900	948	1,318	1,823	2,217	2,621	2,995
Operating Revenue	1,900	948	1,318	1,823	2,217	2,621	2,995
Total Cost of Revenue	1,041	660	844	1,068	1,184	1,392	1,569
Operating Cost of Revenue	1,041	660	844	1,068	1,184	1,392	1,569
Total Operating Expenses	691	647	969	644	807	871	945
Selling, General & Admin Expense	305	150	481	214	201	221	245
Depreciation Expense	220	248	235	229	244	275	296
Other Operating Expenses / (Income)	166	250	253	201	361	375	404
Total Other Income / (Expense), net	-128	-129	-225	-113	-130	-149	12
Interest & Investment Income	0.81	-0.19	-0.01	-113	-130	-149	-82
Other Income / (Expense), net	-	-	-	-	0.00	0.00	94
Income Tax Expense	10	-128	-140	-0.83	19	53	120
Basic Earnings per Share	$0.22	($2.48)	($3.73)	($0.01)	$0.39	$0.77	$1.71
Weighted Average Basic Shares Outstanding	139.41M	145.14M	155.47M	193.57M	195.67M	201.64M	218.03M
Diluted Earnings per Share	$0.22	($2.48)	($3.73)	($0.01)	$0.37	$0.74	$1.66
Weighted Average Diluted Shares Outstanding	139.41M	145.14M	155.47M	193.57M	204.01M	211.16M	225.50M
Weighted Average Basic & Diluted Shares Outstanding	-	-	193.06M	194.79M	196.71M	209.59M	221.81M

This table shows Life Time Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	7.92	24	25	53	41	37	76	72	102	123	88
Consolidated Net Income / (Loss)	7.92	24	25	53	41	37	76	72	102	123	88
Net Income / (Loss) Continuing Operations	7.92	24	25	53	41	37	76	72	102	123	88
Total Pre-Tax Income	14	24	35	67	58	50	83	100	139	172	119
Total Operating Income	47	59	72	105	94	87	108	108	136	130	135
Total Gross Profit	266	271	275	312	322	319	335	358	368	366	382
Total Revenue	585	559	597	668	693	663	706	761	783	745	789
Operating Revenue	585	559	597	668	693	663	706	761	783	745	789
Total Cost of Revenue	319	288	322	356	371	344	371	404	414	379	407
Operating Cost of Revenue	319	288	322	356	371	344	371	404	414	379	407
Total Operating Expenses	219	212	203	207	228	232	227	249	233	236	247
Selling, General & Admin Expense	52	54	49	53	58	61	58	62	60	65	60
Depreciation Expense	64	64	66	70	69	70	71	73	75	77	81
Other Operating Expenses / (Income)	104	93	88	85	101	102	99	114	98	94	107
Total Other Income / (Expense), net	-33	-34	-37	-38	-36	-37	-25	-8.87	3.70	43	-16
Interest & Investment Income	0.06	-131	-37	-38	-36	-148	-25	-22	-18	-17	-16
Income Tax Expense	5.82	0.53	9.91	14	16	13	6.41	27	37	49	31
Basic Earnings per Share	$0.04	$0.12	$0.13	$0.27	$0.20	$0.17	$0.36	$0.33	$0.47	$0.55	$0.40
Weighted Average Basic Shares Outstanding	196.15M	195.67M	197.50M	198.90M	202.95M	201.64M	211.96M	219.29M	220.06M	218.03M	221.85M
Diluted Earnings per Share	$0.04	$0.11	$0.12	$0.26	$0.19	$0.17	$0.34	$0.32	$0.45	$0.55	$0.39
Weighted Average Diluted Shares Outstanding	204.30M	204.01M	202.76M	206.04M	214.63M	211.16M	223.62M	225.51M	226.01M	225.50M	227.45M
Weighted Average Basic & Diluted Shares Outstanding	196.41M	196.71M	198.84M	199.39M	206.97M	209.59M	219.42M	220.00M	220.51M	221.81M	222.60M

This table details how cash moves in and out of Life Time Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	14	-15	-1.56	-6.13	4.46	-2.09	204
Net Cash From Operating Activities	359	-96	-20	201	463	575	871
Net Cash From Continuing Operating Activities	359	-96	-20	201	463	575	871
Net Income / (Loss) Continuing Operations	30	-360	-579	-1.79	76	156	374
Consolidated Net Income / (Loss)	30	-360	-579	-1.79	76	156	374
Depreciation Expense	220	248	235	229	244	275	296
Amortization Expense	12	12	9.59	7.87	7.82	7.00	3.66
Non-Cash Adjustments To Reconcile Net Income	53	68	431	-22	116	103	81
Changes in Operating Assets and Liabilities, net	43	-63	-117	-12	18	34	115
Net Cash From Investing Activities	-478	-6.12	-270	-244	-574	-293	-686
Net Cash From Continuing Investing Activities	-478	-6.12	-270	-244	-574	-293	-686
Purchase of Property, Plant & Equipment	-624	-266	-329	-591	-698	-525	-891
Acquisitions	-51	-0.10	-9.53	0.00	-1.62	0.00	0.00
Sale of Property, Plant & Equipment	0.00	23	-	352	126	223	227
Other Investing Activities, net	197	237	69	-4.21	-0.55	8.79	-22
Net Cash From Financing Activities	133	87	288	37	116	-284	19
Net Cash From Continuing Financing Activities	133	87	288	37	116	-284	19
Repayment of Debt	-360	-693	-2,480	-813	-1,325	-1,742	-258
Issuance of Debt	411	690	2,067	825	1,420	2,725	220
Issuance of Common Equity	105	90	702	0.00	3.48	127	4.29
Other Financing Activities, net	-23	0.00	0.00	25	17	-1,394	53
Effect of Exchange Rate Changes	0.21	-0.06	-0.01	-0.35	0.06	-0.08	0.11

This table details how cash moves in and out of Life Time Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-5.42	4.53	6.76	13	88	-109	50	119	45	-9.27	-82
Net Cash From Operating Activities	115	132	90	170	151	163	184	196	251	240	199
Net Cash From Continuing Operating Activities	115	132	90	170	151	163	184	196	251	240	199
Net Income / (Loss) Continuing Operations	7.92	24	25	53	41	37	76	72	102	123	88
Consolidated Net Income / (Loss)	7.92	24	25	53	41	37	76	72	102	123	88
Depreciation Expense	64	64	66	70	69	70	71	73	75	77	81
Amortization Expense	1.94	1.96	7.96	2.00	1.89	1.11	4.31	0.91	0.92	0.93	0.93
Non-Cash Adjustments To Reconcile Net Income	42	32	14	8.87	33	47	14	39	25	1.13	14
Changes in Operating Assets and Liabilities, net	-1.13	10	-22	37	5.62	7.95	18	11	48	37	15
Net Cash From Investing Activities	-144	-171	-159	4.31	-7.82	-131	-142	-89	-205	-250	-260
Net Cash From Continuing Investing Activities	-144	-171	-159	4.31	-7.82	-131	-142	-89	-205	-250	-260
Purchase of Property, Plant & Equipment	-193	-168	-157	-144	-87	-136	-142	-222	-222	-305	-260
Other Investing Activities, net	0.88	-0.97	-1.79	-0.39	4.99	5.97	0.84	-5.78	-17	0.11	-0.10
Net Cash From Financing Activities	24	43	75	-162	-56	-142	7.38	12	-0.37	0.46	-20
Net Cash From Continuing Financing Activities	24	43	75	-162	-56	-142	7.38	12	-0.37	0.46	-20
Repayment of Debt	-345	-350	-370	-394	-573	-405	-141	-101	-4.12	-6.82	-6.11
Repurchase of Common Equity	-	-	-	-	-	-	0.00	-	-	-	-11
Issuance of Debt	366	390	445	225	375	1,680	125	95	-	-	0.00
Other Financing Activities, net	3.12	0.87	0.29	5.31	18	-1,418	23	16	3.75	4.87	-3.69
Effect of Exchange Rate Changes	-0.11	0.03	-0.04	-0.02	0.02	-0.04	0.00	0.18	-0.13	0.06	-0.17

This table presents Life Time Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	6,018	6,257	6,625	7,032	7,153	8,008
Total Current Assets	166	132	131	175	171	386
Cash & Equivalents	33	32	26	11	11	205
Restricted Cash	-	-	-	19	17	27
Accounts Receivable	4.81	6.46	13	24	25	24
Inventories, net	36	41	46	53	60	68
Prepaid Expenses	87	49	46	58	53	62
Plant, Property, & Equipment, net	2,693	2,791	2,901	3,172	3,194	3,633
Total Noncurrent Assets	3,159	3,334	3,593	3,686	3,788	3,989
Goodwill	1,233	1,233	1,233	1,235	1,235	1,235
Intangible Assets	164	174	173	172	172	181
Other Noncurrent Operating Assets	1,762	1,926	2,187	2,279	2,381	2,573
Total Liabilities & Shareholders' Equity	6,018	6,257	6,625	7,032	7,153	8,008
Total Liabilities	4,536	4,165	4,501	4,778	4,542	4,882
Total Current Liabilities	443	406	457	557	520	610
Short-Term Debt	139	24	15	74	23	22
Accounts Payable	54	71	74	81	88	90
Accrued Expenses	118	148	154	185	179	214
Current Deferred Revenue	42	34	37	49	58	60
Other Current Liabilities	90	130	177	167	172	223
Total Noncurrent Liabilities	4,093	3,759	4,044	4,221	4,022	4,272
Long-Term Debt	2,133	1,776	1,806	1,859	1,513	1,486
Noncurrent Deferred & Payable Income Tax Liabilities	195	55	41	56	85	172
Other Noncurrent Operating Liabilities	1,765	1,928	2,197	2,306	2,424	2,614
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,481	2,091	2,124	2,254	2,610	3,126
Total Preferred & Common Equity	1,481	2,091	2,124	2,254	2,610	3,126
Total Common Equity	1,481	2,091	2,124	2,254	2,610	3,126
Common Stock	1,571	2,745	2,786	2,838	3,044	3,185
Retained Earnings	-72	-651	-653	-577	-421	-47
Accumulated Other Comprehensive Income / (Loss)	-3.23	-3.02	-9.22	-6.93	-13	-12

This table presents Life Time Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	6,602	6,735	6,828	6,897	7,094	7,124	7,180	7,313	7,600	7,827	8,106
Total Current Assets	208	157	153	153	191	196	269	224	368	410	323
Cash & Equivalents	107	35	31	25	19	35	121	59	176	219	120
Restricted Cash	-	-	-	-	18	15	16	18	21	23	30
Accounts Receivable	12	17	18	19	23	25	26	25	26	24	25
Inventories, net	44	46	48	49	53	55	59	62	66	71	67
Prepaid Expenses	45	59	50	48	71	59	41	58	65	54	80
Plant, Property, & Equipment, net	2,772	2,962	3,030	3,075	3,234	3,147	3,095	3,257	3,323	3,457	3,800
Total Noncurrent Assets	3,621	3,616	3,644	3,669	3,668	3,781	3,815	3,832	3,909	3,960	3,983
Goodwill	1,233	1,235	1,235	1,235	1,235	1,235	1,235	1,235	1,235	1,235	1,235
Intangible Assets	173	173	173	172	172	172	172	172	171	181	181
Other Noncurrent Operating Assets	2,214	2,208	2,236	2,261	2,260	2,374	2,408	2,425	2,503	2,544	2,567
Total Liabilities & Shareholders' Equity	6,602	6,735	6,828	6,897	7,094	7,124	7,180	7,313	7,600	7,827	8,106
Total Liabilities	4,496	4,573	4,627	4,680	4,791	4,757	4,618	4,579	4,731	4,842	4,887
Total Current Liabilities	457	476	535	523	450	442	457	523	569	613	609
Short-Term Debt	15	66	65	64	23	13	12	23	23	23	21
Accounts Payable	73	65	84	76	69	78	71	84	90	92	92
Accrued Expenses	167	145	170	179	162	184	196	184	198	229	226
Current Deferred Revenue	32	42	41	39	53	52	49	63	61	56	63
Other Current Liabilities	169	159	175	164	142	115	129	168	197	214	206
Total Noncurrent Liabilities	4,039	4,097	4,092	4,157	4,341	4,315	4,161	4,056	4,162	4,228	4,278
Long-Term Debt	1,775	1,825	1,792	1,816	1,987	1,830	1,640	1,498	1,493	1,490	1,482
Noncurrent Deferred & Payable Income Tax Liabilities	44	48	47	57	62	68	78	86	105	146	182
Other Noncurrent Operating Liabilities	2,220	2,224	2,252	2,284	2,292	2,416	2,444	2,471	2,564	2,592	2,614
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,105	2,162	2,201	2,217	2,303	2,367	2,562	2,734	2,869	2,985	3,219
Total Preferred & Common Equity	2,105	2,162	2,201	2,217	2,303	2,367	2,562	2,734	2,869	2,985	3,219
Total Common Equity	2,105	2,162	2,201	2,217	2,303	2,367	2,562	2,734	2,869	2,985	3,219
Common Stock	2,782	2,797	2,816	2,827	2,863	2,876	3,028	3,092	3,151	3,167	3,187
Retained Earnings	-667	-625	-608	-600	-552	-499	-458	-344	-272	-170	41
Accumulated Other Comprehensive Income / (Loss)	-10	-9.15	-7.26	-9.53	-8.59	-9.24	-7.98	-13	-9.34	-12	-8.71

This table displays calculated financial ratios and metrics derived from Life Time Group's official financial filings.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	-50.10%	38.98%	38.28%	21.62%	18.24%	14.28%
EBITDA Growth	0.00%	-124.82%	-151.93%	238.69%	37.44%	33.88%	36.98%
EBIT Growth	0.00%	-313.42%	-37.88%	122.34%	103.59%	58.73%	61.00%
NOPAT Growth	0.00%	-299.51%	-37.88%	122.34%	133.38%	48.04%	36.22%
Net Income Growth	0.00%	-1,298.68%	-60.85%	99.69%	4,342.22%	105.41%	139.16%
EPS Growth	0.00%	-1,227.27%	-50.40%	99.73%	3,800.00%	100.00%	124.32%
Operating Cash Flow Growth	0.00%	-126.76%	79.13%	1,103.39%	130.39%	24.21%	51.36%
Free Cash Flow Firm Growth	0.00%	0.00%	87.79%	103.46%	-437.88%	640.96%	-73.62%
Invested Capital Growth	0.00%	0.00%	3.71%	1.57%	6.06%	-0.93%	6.89%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	6.56%	4.05%	4.15%	2.81%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	1,089.00%	4.55%	5.40%	19.74%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	140.57%	6.47%	8.60%	31.18%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	140.57%	12.35%	4.32%	7.12%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	99.44%	15.06%	9.44%	29.82%
EPS Q/Q Growth	0.00%	0.00%	0.00%	99.45%	8.82%	8.82%	29.69%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	63.67%	66.62%	13.87%	5.71%	9.66%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	53.66%	22.06%	-49.60%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	3.47%	2.10%	1.01%	3.41%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	45.21%	30.40%	35.96%	41.39%	46.57%	46.87%	47.63%
EBITDA Margin	21.08%	-10.48%	-19.00%	19.06%	21.54%	24.39%	29.23%
Operating Margin	8.86%	-37.87%	-37.57%	6.07%	10.16%	13.64%	16.07%
EBIT Margin	8.86%	-37.87%	-37.57%	6.07%	10.16%	13.64%	19.21%
Profit (Net Income) Margin	1.58%	-37.98%	-43.96%	-0.10%	3.43%	5.96%	12.48%
Tax Burden Percent	74.88%	73.85%	80.50%	68.49%	80.24%	74.84%	75.72%
Interest Burden Percent	23.85%	135.80%	145.34%	-2.37%	42.09%	58.40%	85.75%
Effective Tax Rate	25.12%	0.00%	0.00%	0.00%	19.76%	25.16%	24.28%
Return on Invested Capital (ROIC)	0.00%	-13.51%	-9.15%	1.99%	4.48%	6.47%	8.55%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-23.23%	-20.76%	-2.46%	-1.18%	-0.06%	9.22%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-35.11%	-23.29%	-2.08%	-1.00%	-0.04%	4.47%
Return on Equity (ROE)	0.00%	-48.63%	-32.43%	-0.09%	3.47%	6.42%	13.03%
Cash Return on Invested Capital (CROIC)	0.00%	-213.51%	-12.79%	0.43%	-1.40%	7.40%	1.90%
Operating Return on Assets (OROA)	0.00%	-5.97%	-8.07%	1.72%	3.30%	5.04%	7.59%
Return on Assets (ROA)	0.00%	-5.99%	-9.44%	-0.03%	1.11%	2.20%	4.93%
Return on Common Equity (ROCE)	0.00%	-48.63%	-32.43%	-0.09%	3.47%	6.42%	13.03%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-24.31%	-27.70%	-0.08%	3.37%	5.99%	0.00%
Net Operating Profit after Tax (NOPAT)	126	-251	-347	77	181	268	364
NOPAT Margin	6.63%	-26.51%	-26.30%	4.25%	8.15%	10.21%	12.17%
Net Nonoperating Expense Percent (NNEP)	0.00%	9.72%	11.62%	4.45%	5.66%	6.53%	-0.66%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	1.96%	4.32%	6.45%	7.86%
Cost of Revenue to Revenue	54.79%	69.60%	64.04%	58.61%	53.43%	53.13%	52.37%
SG&A Expenses to Revenue	16.02%	15.81%	36.46%	11.74%	9.07%	8.43%	8.17%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	36.36%	68.27%	73.53%	35.32%	36.41%	33.24%	31.56%
Earnings before Interest and Taxes (EBIT)	168	-359	-495	111	225	357	576
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	401	-99	-250	347	477	639	876
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.47	1.59	1.09	1.31	1.75	1.87
Price to Tangible Book Value (P/TBV)	0.00	8.38	4.86	3.24	3.50	3.80	3.43
Price to Revenue (P/Rev)	0.37	0.74	2.52	1.27	1.34	1.75	1.96
Price to Earnings (P/E)	23.38	0.00	0.00	0.00	38.94	29.30	15.69
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.28%	0.00%	0.00%	0.00%	2.57%	3.41%	6.38%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.79	1.32	1.05	1.17	1.48	1.62
Enterprise Value to Revenue (EV/Rev)	0.00	3.10	3.86	2.26	2.19	2.32	2.38
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	11.85	10.19	9.52	8.15
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	37.23	21.60	17.02	12.40
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	53.18	26.92	22.75	19.58
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	20.49	10.51	10.58	8.20
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	245.69	0.00	19.87	88.32
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	1.53	0.86	0.86	0.86	0.59	0.48
Long-Term Debt to Equity	0.00	1.44	0.85	0.85	0.82	0.58	0.48
Financial Leverage	0.00	1.51	1.12	0.85	0.84	0.70	0.49
Leverage Ratio	0.00	4.06	3.44	3.06	3.12	2.92	2.64
Compound Leverage Factor	0.00	5.52	4.99	-0.07	1.31	1.70	2.27
Debt to Total Capital	0.00%	60.54%	46.25%	46.16%	46.16%	37.04%	32.54%
Short-Term Debt to Total Capital	0.00%	3.71%	0.60%	0.39%	1.76%	0.54%	0.47%
Long-Term Debt to Total Capital	0.00%	56.83%	45.64%	45.77%	44.40%	36.50%	32.07%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	39.46%	53.75%	53.84%	53.84%	62.96%	67.46%
Debt to EBITDA	0.00	-22.86	-7.18	5.24	4.05	2.40	1.72
Net Debt to EBITDA	0.00	-22.52	-7.06	5.17	3.99	2.36	1.46
Long-Term Debt to EBITDA	0.00	-21.46	-7.09	5.20	3.89	2.37	1.70
Debt to NOPAT	0.00	-9.04	-5.19	23.52	10.70	5.74	4.14
Net Debt to NOPAT	0.00	-8.91	-5.10	23.19	10.53	5.64	3.50
Long-Term Debt to NOPAT	0.00	-8.49	-5.12	23.32	10.29	5.66	4.08
Altman Z-Score	0.00	-0.02	0.23	0.44	0.61	1.00	1.29
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.00	0.37	0.32	0.29	0.31	0.33	0.63
Quick Ratio	0.00	0.09	0.09	0.09	0.06	0.07	0.38
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-3,972	-485	17	-57	306	81
Operating Cash Flow to CapEx	57.49%	-39.56%	-6.09%	83.97%	80.95%	190.73%	131.09%
Free Cash Flow to Firm to Interest Expense	0.00	-30.94	-2.16	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	2.78	-0.75	-0.09	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-2.06	-2.64	-1.55	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	0.16	0.21	0.28	0.32	0.37	0.40
Accounts Receivable Turnover	0.00	197.37	233.93	183.68	118.90	107.00	121.81
Inventory Turnover	0.00	18.20	21.84	24.65	24.06	24.63	24.53
Fixed Asset Turnover	0.00	0.35	0.48	0.64	0.73	0.82	0.88
Accounts Payable Turnover	0.00	12.20	13.46	14.71	15.26	16.47	17.62
Days Sales Outstanding (DSO)	0.00	1.85	1.56	1.99	3.07	3.41	3.00
Days Inventory Outstanding (DIO)	0.00	20.06	16.71	14.81	15.17	14.82	14.88
Days Payable Outstanding (DPO)	0.00	29.92	27.12	24.82	23.92	22.16	20.72
Cash Conversion Cycle (CCC)	0.00	-8.01	-8.85	-8.03	-5.68	-3.93	-2.84
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	3,721	3,859	3,920	4,157	4,118	4,402
Invested Capital Turnover	0.00	0.51	0.35	0.47	0.55	0.63	0.70
Increase / (Decrease) in Invested Capital	0.00	3,721	138	61	237	-39	284
Enterprise Value (EV)	0.00	2,941	5,090	4,118	4,865	6,086	7,137
Market Capitalization	702	702	3,323	2,322	2,962	4,578	5,861
Book Value per Share	$0.00	$10.21	$10.83	$10.94	$11.48	$12.61	$14.18
Tangible Book Value per Share	$0.00	$0.58	$3.54	$3.70	$4.31	$5.81	$7.75
Total Capital	0.00	3,754	3,891	3,945	4,187	4,146	4,634
Total Debt	0.00	2,273	1,799	1,821	1,933	1,536	1,508
Total Long-Term Debt	0.00	2,133	1,776	1,806	1,859	1,513	1,486
Net Debt	0.00	2,239	1,768	1,795	1,903	1,508	1,276
Capital Expenditures (CapEx)	624	243	329	239	572	302	664
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-171	-283	-337	-339	-354	-434
Debt-free Net Working Capital (DFNWC)	0.00	-138	-251	-311	-309	-327	-202
Net Working Capital (NWC)	0.00	-277	-275	-326	-383	-349	-224
Net Nonoperating Expense (NNE)	96	109	233	79	105	111	-9.25
Net Nonoperating Obligations (NNO)	0.00	2,239	1,768	1,795	1,903	1,508	1,276
Total Depreciation and Amortization (D&A)	232	260	245	237	252	282	300
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-18.07%	-21.46%	-18.47%	-15.28%	-13.52%	-14.49%
Debt-free Net Working Capital to Revenue	0.00%	-14.57%	-19.06%	-17.07%	-13.93%	-12.46%	-6.74%
Net Working Capital to Revenue	0.00%	-29.25%	-20.84%	-17.91%	-17.26%	-13.32%	-7.47%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($3.73)	($0.01)	$0.39	$0.77	$1.71
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	155.47M	193.57M	195.67M	201.64M	218.03M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($3.73)	($0.01)	$0.37	$0.74	$1.66
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	155.47M	193.57M	204.01M	211.16M	225.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	193.06M	194.79M	196.71M	209.59M	221.81M
Normalized Net Operating Profit after Tax (NOPAT)	126	-251	-347	77	181	268	364
Normalized NOPAT Margin	6.63%	-26.51%	-26.30%	4.25%	8.15%	10.21%	12.17%
Pre Tax Income Margin	2.11%	-51.43%	-54.60%	-0.14%	4.28%	7.97%	16.48%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	1.30	-2.80	-2.21	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.98	-1.96	-1.54	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	-3.53	-4.69	-3.67	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	-3.86	-3.85	-3.01	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Life Time Group's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	221,805,082.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	221,805,082.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.40
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	17.89%	18.23%	16.81%	18.88%	18.47%	18.69%	18.32%	14.03%	12.90%	12.33%	11.71%
EBITDA Growth	-1.58%	19.96%	9.73%	56.71%	46.94%	26.20%	23.01%	14.49%	41.58%	31.77%	18.35%
EBIT Growth	-16.12%	30.40%	6.93%	99.89%	100.42%	48.25%	49.42%	15.81%	68.25%	48.93%	25.23%
NOPAT Growth	-45.00%	52.01%	1.21%	91.16%	149.75%	13.21%	92.67%	-5.42%	48.13%	42.53%	0.29%
Net Income Growth	-68.00%	72.55%	-9.26%	210.54%	422.49%	56.91%	205.58%	36.54%	147.68%	230.97%	15.70%
EPS Growth	-66.67%	37.50%	-14.29%	225.00%	375.00%	54.55%	183.33%	23.08%	136.84%	223.53%	14.71%
Operating Cash Flow Growth	154.82%	74.57%	21.60%	20.06%	31.83%	23.54%	103.36%	14.83%	66.14%	47.03%	8.12%
Free Cash Flow Firm Growth	-287.26%	-685.19%	-102.78%	62.75%	124.14%	157.67%	195.30%	199.40%	-229.65%	-284.04%	-248.67%
Invested Capital Growth	7.47%	6.06%	6.46%	3.33%	0.13%	-0.93%	-2.31%	0.67%	4.41%	6.89%	9.43%
Revenue Q/Q Growth	4.17%	-4.50%	6.78%	11.91%	3.81%	-4.32%	6.45%	7.85%	2.78%	-4.80%	5.85%
EBITDA Q/Q Growth	-0.27%	11.26%	12.01%	26.09%	-6.48%	-4.44%	13.82%	8.76%	19.69%	-11.06%	4.17%
EBIT Q/Q Growth	-10.80%	25.50%	22.82%	45.38%	-10.56%	-7.17%	23.79%	12.68%	29.93%	-17.83%	4.10%
NOPAT Q/Q Growth	-37.95%	112.96%	-10.18%	61.07%	-18.94%	-3.47%	52.85%	-20.93%	26.97%	-7.12%	7.55%
Net Income Q/Q Growth	-53.45%	199.23%	5.21%	111.92%	-21.68%	-10.14%	104.89%	-5.31%	42.06%	20.09%	-28.38%
EPS Q/Q Growth	-50.00%	175.00%	9.09%	116.67%	-26.92%	-10.53%	100.00%	-5.88%	40.63%	22.22%	-29.09%
Operating Cash Flow Q/Q Growth	-19.22%	15.18%	-31.54%	88.51%	-11.31%	7.94%	12.70%	6.44%	28.32%	-4.48%	-17.12%
Free Cash Flow Firm Q/Q Growth	-86.81%	29.73%	-15.49%	75.43%	221.05%	67.89%	90.83%	-74.37%	-257.90%	-138.33%	-54.16%
Invested Capital Q/Q Growth	1.10%	2.10%	2.88%	-2.70%	-2.02%	1.01%	1.45%	0.26%	1.62%	3.41%	3.86%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	45.42%	48.42%	46.05%	46.76%	46.46%	48.16%	47.46%	46.95%	47.06%	49.08%	48.43%
EBITDA Margin	19.19%	22.36%	23.46%	26.43%	23.81%	23.78%	25.42%	25.64%	29.85%	27.89%	27.45%
Operating Margin	7.99%	10.50%	12.08%	15.69%	13.52%	13.11%	15.25%	14.24%	17.33%	17.38%	17.10%
EBIT Margin	7.99%	10.50%	12.08%	15.69%	13.52%	13.11%	15.25%	15.93%	20.14%	17.38%	17.10%
Profit (Net Income) Margin	1.35%	4.24%	4.18%	7.91%	5.97%	5.60%	10.78%	9.47%	13.09%	16.51%	11.17%
Tax Burden Percent	57.65%	97.82%	71.54%	79.26%	71.84%	74.71%	92.24%	72.41%	73.50%	71.50%	73.87%
Interest Burden Percent	29.37%	41.27%	48.34%	63.60%	61.44%	57.20%	76.67%	82.08%	88.40%	132.81%	88.45%
Effective Tax Rate	42.35%	2.18%	28.46%	20.74%	28.16%	25.29%	7.76%	27.59%	26.50%	28.50%	26.13%
Return on Invested Capital (ROIC)	2.50%	5.64%	4.80%	7.31%	6.00%	6.21%	9.09%	6.98%	8.91%	8.74%	8.88%
ROIC Less NNEP Spread (ROIC-NNEP)	1.42%	3.81%	3.41%	5.64%	4.46%	4.57%	7.73%	6.56%	9.10%	10.92%	8.06%
Return on Net Nonoperating Assets (RNNOA)	1.16%	3.22%	2.92%	4.47%	3.14%	3.21%	5.24%	3.90%	4.57%	5.30%	3.79%
Return on Equity (ROE)	3.66%	8.86%	7.72%	11.79%	9.14%	9.41%	14.33%	10.88%	13.48%	14.04%	12.67%
Cash Return on Invested Capital (CROIC)	-3.11%	-1.40%	-1.89%	2.13%	6.16%	7.40%	9.86%	6.78%	3.85%	1.90%	-0.55%
Operating Return on Assets (OROA)	2.52%	3.41%	4.02%	5.42%	4.83%	4.85%	5.78%	6.11%	7.82%	6.87%	6.83%
Return on Assets (ROA)	0.43%	1.38%	1.39%	2.73%	2.13%	2.07%	4.09%	3.63%	5.08%	6.52%	4.46%
Return on Common Equity (ROCE)	3.66%	8.86%	7.72%	11.79%	9.14%	9.41%	14.33%	10.88%	13.48%	14.04%	12.67%
Return on Equity Simple (ROE_SIMPLE)	2.98%	0.00%	3.19%	4.62%	5.57%	0.00%	7.59%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	27	57	52	83	67	65	99	79	100	93	100
NOPAT Margin	4.61%	10.27%	8.64%	12.43%	9.71%	9.80%	14.07%	10.31%	12.74%	12.43%	12.63%
Net Nonoperating Expense Percent (NNEP)	1.08%	1.82%	1.39%	1.67%	1.54%	1.63%	1.36%	0.41%	-0.20%	-2.18%	0.82%
Return On Investment Capital (ROIC_SIMPLE)	-	1.37%	-	-	-	1.57%	2.33%	1.79%	2.22%	2.00%	2.11%
Cost of Revenue to Revenue	54.58%	51.58%	53.95%	53.24%	53.54%	51.84%	52.54%	53.05%	52.94%	50.92%	51.57%
SG&A Expenses to Revenue	8.83%	9.69%	8.19%	7.97%	8.33%	9.23%	8.19%	8.10%	7.65%	8.76%	7.56%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	37.43%	37.92%	33.98%	31.07%	32.95%	35.04%	32.21%	32.71%	29.73%	31.70%	31.34%
Earnings before Interest and Taxes (EBIT)	47	59	72	105	94	87	108	121	158	130	135
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	112	125	140	176	165	158	179	195	234	208	216
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.35	1.31	1.33	1.58	1.90	1.75	2.31	2.32	2.03	1.87	1.86
Price to Tangible Book Value (P/TBV)	3.69	3.50	3.41	3.90	4.22	3.80	4.77	4.55	3.87	3.43	3.31
Price to Revenue (P/Rev)	1.40	1.34	1.33	1.55	1.93	1.75	2.32	2.36	2.08	1.96	1.94
Price to Earnings (P/E)	45.12	38.94	41.52	34.25	34.11	29.30	30.51	29.35	21.10	15.69	15.50
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.22%	2.57%	2.41%	2.92%	2.93%	3.41%	3.28%	3.41%	4.74%	6.38%	6.45%
Enterprise Value to Invested Capital (EV/IC)	1.19	1.17	1.18	1.33	1.57	1.48	1.86	1.90	1.73	1.62	1.60
Enterprise Value to Revenue (EV/Rev)	2.27	2.19	2.18	2.30	2.54	2.32	2.85	2.82	2.52	2.38	2.38
Enterprise Value to EBITDA (EV/EBITDA)	10.59	10.19	10.26	10.00	10.53	9.52	11.55	11.65	10.04	8.15	8.99
Enterprise Value to EBIT (EV/EBIT)	22.87	21.60	21.87	19.62	19.39	17.02	19.77	20.10	16.74	12.40	14.41
Enterprise Value to NOPAT (EV/NOPAT)	30.07	26.92	27.75	25.02	24.89	22.75	24.45	25.65	21.59	19.58	19.82
Enterprise Value to Operating Cash Flow (EV/OCF)	11.90	10.51	10.49	10.91	11.74	10.58	11.63	11.49	9.25	8.20	8.28
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	63.47	25.44	19.87	18.65	28.17	45.80	88.32	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.85	0.86	0.87	0.78	0.64	0.59	0.56	0.53	0.51	0.48	0.47
Long-Term Debt to Equity	0.82	0.82	0.86	0.77	0.64	0.58	0.55	0.52	0.50	0.48	0.46
Financial Leverage	0.82	0.84	0.86	0.79	0.71	0.70	0.68	0.59	0.50	0.49	0.47
Leverage Ratio	3.12	3.12	3.10	3.05	2.95	2.92	2.86	2.81	2.71	2.64	2.59
Compound Leverage Factor	0.92	1.29	1.50	1.94	1.81	1.67	2.19	2.31	2.39	3.51	2.29
Debt to Total Capital	45.89%	46.16%	46.61%	43.77%	39.21%	37.04%	35.74%	34.57%	33.63%	32.54%	31.83%
Short-Term Debt to Total Capital	1.56%	1.76%	0.54%	0.30%	0.30%	0.54%	0.53%	0.52%	0.51%	0.47%	0.44%
Long-Term Debt to Total Capital	44.33%	44.40%	46.07%	43.47%	38.91%	36.50%	35.21%	34.05%	33.12%	32.07%	31.39%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	54.11%	53.84%	53.39%	56.23%	60.79%	62.96%	64.26%	65.43%	66.37%	67.46%	68.17%
Debt to EBITDA	4.12	4.05	4.10	3.33	2.72	2.40	2.26	2.21	2.07	1.72	1.84
Net Debt to EBITDA	4.06	3.99	4.03	3.24	2.50	2.36	2.15	1.93	1.74	1.46	1.66
Long-Term Debt to EBITDA	3.98	3.89	4.06	3.31	2.70	2.37	2.23	2.18	2.04	1.70	1.82
Debt to NOPAT	11.69	10.70	11.10	8.33	6.44	5.74	4.78	4.88	4.45	4.14	4.06
Net Debt to NOPAT	11.53	10.53	10.89	8.10	5.91	5.64	4.54	4.25	3.74	3.50	3.66
Long-Term Debt to NOPAT	11.29	10.29	10.97	8.27	6.39	5.66	4.71	4.80	4.38	4.08	4.01
Altman Z-Score	0.53	0.53	0.59	0.72	0.91	0.87	1.14	1.19	1.13	1.11	1.13
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.29	0.31	0.43	0.44	0.59	0.33	0.43	0.65	0.67	0.63	0.53
Quick Ratio	0.09	0.06	0.09	0.14	0.32	0.07	0.16	0.35	0.40	0.38	0.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-256	-180	-208	-51	62	104	198	51	-80	-191	-294
Operating Cash Flow to CapEx	79.11%	78.59%	57.66%	118.10%	1,179.54%	119.42%	129.04%	88.15%	133.16%	96.04%	76.45%
Free Cash Flow to Firm to Interest Expense	-7.74	0.00	-5.56	-1.36	1.72	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	3.47	0.00	2.42	4.52	4.20	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-0.92	0.00	-1.78	0.69	3.84	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.32	0.32	0.33	0.35	0.36	0.37	0.38	0.38	0.39	0.40	0.40
Accounts Receivable Turnover	135.39	118.90	116.19	111.12	110.81	107.00	114.90	110.45	115.16	121.81	122.75
Inventory Turnover	24.83	24.06	24.80	25.03	24.80	24.63	24.93	24.69	23.60	24.53	24.78
Fixed Asset Turnover	0.73	0.73	0.74	0.78	0.82	0.82	0.84	0.87	0.89	0.88	0.87
Accounts Payable Turnover	15.43	15.26	18.37	15.88	18.22	16.47	18.82	17.68	18.89	17.62	18.20
Days Sales Outstanding (DSO)	2.70	3.07	3.14	3.28	3.29	3.41	3.18	3.30	3.17	3.00	2.97
Days Inventory Outstanding (DIO)	14.70	15.17	14.72	14.58	14.72	14.82	14.64	14.78	15.46	14.88	14.73
Days Payable Outstanding (DPO)	23.66	23.92	19.87	22.99	20.03	22.16	19.40	20.65	19.33	20.72	20.06
Cash Conversion Cycle (CCC)	-6.26	-5.68	-2.01	-5.12	-2.02	-3.93	-1.58	-2.56	-0.69	-2.84	-2.35
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,071	4,157	4,277	4,161	4,077	4,118	4,178	4,189	4,257	4,402	4,572
Invested Capital Turnover	0.54	0.55	0.56	0.59	0.62	0.63	0.65	0.68	0.70	0.70	0.70
Increase / (Decrease) in Invested Capital	283	237	259	134	5.49	-39	-99	28	180	284	394
Enterprise Value (EV)	4,837	4,865	5,027	5,538	6,384	6,086	7,773	7,975	7,343	7,137	7,328
Market Capitalization	2,983	2,962	3,053	3,744	4,869	4,578	6,330	6,655	6,072	5,861	5,975
Book Value per Share	$11.30	$11.48	$11.71	$11.91	$12.85	$12.61	$13.05	$13.08	$13.57	$14.18	$14.51
Tangible Book Value per Share	$4.13	$4.31	$4.55	$4.83	$5.79	$5.81	$6.33	$6.67	$7.13	$7.75	$8.13
Total Capital	4,097	4,187	4,313	4,210	4,214	4,146	4,255	4,385	4,498	4,634	4,722
Total Debt	1,880	1,933	2,010	1,843	1,652	1,536	1,521	1,516	1,513	1,508	1,503
Total Long-Term Debt	1,816	1,859	1,987	1,830	1,640	1,513	1,498	1,493	1,490	1,486	1,482
Net Debt	1,855	1,903	1,974	1,794	1,515	1,508	1,443	1,320	1,271	1,276	1,353
Capital Expenditures (CapEx)	145	168	157	144	13	137	142	222	189	250	260
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-331	-339	-272	-282	-312	-354	-354	-374	-422	-434	-415
Debt-free Net Working Capital (DFNWC)	-306	-309	-235	-233	-175	-327	-276	-178	-180	-202	-265
Net Working Capital (NWC)	-370	-383	-258	-245	-188	-349	-299	-201	-203	-224	-286
Net Nonoperating Expense (NNE)	19	34	27	30	26	28	23	6.43	-2.72	-30	12
Net Nonoperating Obligations (NNO)	1,855	1,903	1,974	1,794	1,515	1,508	1,443	1,320	1,271	1,276	1,353
Total Depreciation and Amortization (D&A)	66	66	68	72	71	71	72	74	76	78	82
Debt-free, Cash-free Net Working Capital to Revenue	-15.55%	-15.28%	-11.79%	-11.71%	-12.40%	-13.52%	-12.95%	-13.24%	-14.47%	-14.49%	-13.49%
Debt-free Net Working Capital to Revenue	-14.36%	-13.93%	-10.20%	-9.66%	-6.96%	-12.46%	-10.11%	-6.29%	-6.18%	-6.74%	-8.61%
Net Working Capital to Revenue	-17.36%	-17.26%	-11.21%	-10.19%	-7.45%	-13.32%	-10.94%	-7.10%	-6.97%	-7.47%	-9.28%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.04	$0.12	$0.13	$0.27	$0.20	$0.17	$0.36	$0.33	$0.47	$0.55	$0.40
Adjusted Weighted Average Basic Shares Outstanding	196.15M	195.67M	197.50M	198.90M	202.95M	201.64M	211.96M	219.29M	220.06M	218.03M	221.85M
Adjusted Diluted Earnings per Share	$0.04	$0.11	$0.12	$0.26	$0.19	$0.17	$0.34	$0.32	$0.45	$0.55	$0.39
Adjusted Weighted Average Diluted Shares Outstanding	204.30M	204.01M	202.76M	206.04M	214.63M	211.16M	223.62M	225.51M	226.01M	225.50M	227.45M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	196.41M	196.71M	198.84M	199.39M	206.97M	209.59M	219.42M	220.00M	220.51M	221.81M	222.60M
Normalized Net Operating Profit after Tax (NOPAT)	27	57	52	83	67	65	99	79	100	93	100
Normalized NOPAT Margin	4.61%	10.27%	8.64%	12.43%	9.71%	9.80%	14.07%	10.31%	12.74%	12.43%	12.63%
Pre Tax Income Margin	2.35%	4.33%	5.84%	9.98%	8.30%	7.50%	11.69%	13.08%	17.80%	23.09%	15.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.41	0.00	1.93	2.78	2.60	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.81	0.00	1.38	2.20	1.87	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	-2.97	0.00	-2.27	-1.05	2.25	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	-3.57	0.00	-2.81	-1.63	1.51	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Here are the key takeaways for Life Time Group Holdings, Inc. (NYSE: LTH) based on the latest four quarters of data. The bullets highlight notable trends in revenue, profitability, cash flow and the balance sheet.

Revenue growth: Q4 2025 operating revenue reached $745.1 million, up from $663.3 million in Q4 2024 (about +12%).
Gross margin improvement: Total Gross Profit was $365.7 million on $745.1 million revenue in Q4 2025, yielding a margin of roughly 49.1% vs about 48.1% in Q4 2024.
Profitability gains: Net Income Attributable to Common Shareholders rose to $123.0 million in Q4 2025 from about $37.2 million in Q4 2024; basic and diluted EPS were $0.55 vs $0.17.
Cash flow from operations improving: Net cash from continuing operating activities was $239.9 million in Q4 2025, up from $163.1 million in Q4 2024.
Balance sheet expansion: Total assets increased to about $7.83 billion by Q3 2025 (vs about $7.18 billion in Q3 2024), with equity near $2.98 billion.
Negative working capital signal: Current assets were around $410.3 million vs. current liabilities of about $613.4 million at Q3 2025 (a pattern seen in prior periods), implying negative working capital.
Levered but improving debt position: Long-term debt declined to roughly $1.49 billion as of Q3 2025 from about $1.82 billion in Q3 2024, indicating deleveraging, with total liabilities around $4.84 billion and equity near $2.99 billion.
Capital expenditure intensity: Ongoing capex focus, with PPE purchases around $304.5 million in Q4 2025 and substantial PPE investments in preceding quarters (indicative of expansion/refresh cycles).
Free cash flow headwind in Q4 2025: Investing cash outflows were about $249.7 million, exceeding operating cash flow of about $239.9 million, contributing to a quarterly negative free cash flow and a net cash decrease.
Quarterly cash balance change: Net change in cash and equivalents for Q4 2025 was a modest decline (about $9.3 million), reflecting the combination of higher capital expenditure and investing activity despite positive operating cash flow.

05/20/26 08:48 PM ETAI Generated. May Contain Errors.

Life Time Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Life Time Group's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Life Time Group's net income appears to be on a downward trend, with a most recent value of $373.67 million in 2025, rising from $30.05 million in 2019. The previous period was $156.24 million in 2024. Find out what analysts predict for Life Time Group in the coming months.

Life Time Group's total operating income in 2025 was $481.29 million, based on the following breakdown:

Total Gross Profit: $1.43 billion
Total Operating Expenses: $945.35 million

Over the last 6 years, Life Time Group's total revenue changed from $1.90 billion in 2019 to $3.00 billion in 2025, a change of 57.6%.

Life Time Group's total liabilities were at $4.88 billion at the end of 2025, a 7.5% increase from 2024, and a 7.6% increase since 2020.

In the past 5 years, Life Time Group's cash and equivalents has ranged from $10.88 million in 2024 to $204.81 million in 2025, and is currently $204.81 million as of their latest financial filing in 2025.

Over the last 6 years, Life Time Group's book value per share changed from 0.00 in 2019 to 14.18 in 2025, a change of 1,417.7%.

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Financial statements for NYSE:LTH last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Life Time Group (LTH) Financials

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Life Time Group (LTH) Financials

Annual Income Statements for Life Time Group

Quarterly Income Statements for Life Time Group

Annual Cash Flow Statements for Life Time Group

Quarterly Cash Flow Statements for Life Time Group

Annual Balance Sheets for Life Time Group

Quarterly Balance Sheets for Life Time Group

Annual Metrics And Ratios for Life Time Group

Quarterly Metrics And Ratios for Life Time Group

Financials Breakdown Chart

Key Financial Trends

Life Time Group Financials - Frequently Asked Questions

When does Life Time Group's financial year end?

How has Life Time Group's net income changed over the last 6 years?

What is Life Time Group's operating income?

How has Life Time Group's revenue changed over the last 6 years?

How much debt does Life Time Group have?

How much cash does Life Time Group have?

How has Life Time Group's book value per share changed over the last 6 years?

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