/
Life Time Group Holdings, Inc. (collectively with its direct and indirect subsidiaries, Life Time, we, our, us, or the Company ) is a holding company incorporated in the state of Delaware. Life Time Group Holdings, Inc. completed its initial public offering ( IPO ) in October 2021 and its common stock trades on the New York Stock Exchange ( NYSE ) under the symbol LTH.
16.07% operating margin is respectable but not wide. ROIC at 5.21%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue up 14.3% YoY with margins expanding 2.4pp. However, free cash flow softened 141%, worth monitoring whether this is timing or structural.
Free cash flow declined 141% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -$21M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$3.08B
▲ +14.3% YoY
Net Income (TTM)
$386M
▲ +139.2% YoY
Op. Margin
16.52%
▲ +2.4pp YoY
ROIC
5.07%
▲ +0.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$124M
▼ -141.4% YoY
Op. Cash Flow (TTM)
$885M
▲ +51.4% YoY
Net Debt
$4.04B
Cash & Equiv.
$120M
5Y CAGR: +25.9%
Continue Research