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Life Time Group Holdings (LTH) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NYSE•Consumer Cyclical•Leisure
B
GoodMetricSide Score: 77/100
ProfitabilityProfit25/30
GrowthGrowth25/25
Balance SheetBalance21/25
Cash QualityCash6/20
Price & Volume

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.

Moat Signals

Competitive analysis based on 23 quarters of fundamental data

Pricing Power

Strong Moat

Operating margins are expanding at ~15.5%, suggesting durable pricing power and cost discipline.

Competitive Advantage

Moderate Moat

ROE is positive at ~8.2% on average, adequate but below the threshold typically associated with wide moats.

Cash Generation

Risk Signals

Data-driven red flags and warnings across 23 quarters

Some Concerns

Margin Pressure

Healthy

Margins are stable or improving at ~16.5% — no sign of cost or pricing stress.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Leverage Risk

Healthy

D/E ratio is 0.5 — conservative capital structure with low financial risk.

Revenue Decline

Healthy

Revenue is stable or growing over recent quarters — demand appears durable.

Cash Burn

Watch

FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.

Share Dilution

Red Flag

Shares outstanding increased 11.5% — significant dilution, likely from stock compensation or capital raises.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$3.08B
12.7%
Q. Revenue
$788.70M
TTM EBITDA
$814.58M
21.1%
TTM Op. Income
N/A
Q. Op. Income
$134.84M
TTM Net Income
$385.63M
85.9%
Q. Net Income
$88.10M
EPS
N/A
Shares Out.
$221.85M
4.7%
$3.08B in TTM revenue grew 12.7% YoY, reaching $788.70M last quarter. TTM EBITDA of $814.58M and TTM operating income of N/A shows growth is flowing through. Net income of $385.63M TTM confirms the company is converting revenue into profit. Revenue is growing at a healthy pace — a signal to hold.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
27.3%
Op. Margin
17.1%
12.1%
Net Margin
11.2%
3.6%
Op. margin of 17.1% is up 1.8% YoY — cost efficiency is improving. Net margin at 11.2%.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
15.0x
P/S Ratio
1.9x
P/B Ratio
1.8x
At 15.0x P/E, the stock trades in line with market averages — fairly valued. P/S of 1.9x and P/B of 1.8x provide additional context. Assess whether the current multiple is justified by the company's growth and profitability trajectory.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$8.11B
Cash
$119.95M
Long-Term Debt
$1.48B
Book Value
$3.22B
D/E Ratio
0.5
Debt/EBITDA
6.9
With $8.11B in assets and $1.48B in long-term debt, the D/E of 0.5and book value of $3.22B — shows a conservative capital structure — the company has a strong financial cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

TTM Free Cash Flow
N/A
FCF Margin
NaN%
FCF / Net Income
NaN
TTM FCF of N/A. The FCF / Net Income ratio of NaNx shows cash consumption — the business is not yet self-funding.

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Moderate Moat

5 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.

Demand Durability

Strong Moat

TTM revenue has grown consistently (7 of 7 quarters up), with ~27.8% growth over the period. Strong demand durability.