Life Time Group Holdings, Inc. - Understand $lth stock

$LTH Market Cap: $5.096 Billion

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Financial Snapshot

Revenue

$2.517B

TTM

Gross Margin

46.92%

TTM

Net Earnings

$142.8M

TTM

Current Assets

$269.2M

Q3 2024

Current Liabilities

$456.7M

Q3 2024

Current Ratio

58.94%

Q3 2024

Total Assets

$7.180B

Q3 2024

Total Liabilities

$4.618B

Q3 2024

Book Value

$2.562B

Q3 2024

Cash

$120.9M

Q3 2024

P/E

35.69

Nov 29, 2024 EST

Free Cash Flow

-$12.29M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$2.217B	$1.823B	$1.318B	$948.4M	$1.900B	$1.749B
YoY Change	21.62%	38.28%	38.98%	-50.1%	8.64%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$2.217B	$1.823B	$1.318B	$948.4M	$1.900B	$1.749B
Cost Of Revenue	$1.184B	$1.068B	$844.1M	$660.0M	$1.041B	$950.6M
Gross Profit	$1.032B	$754.3M	$474.0M	$288.3M	$859.2M	$798.7M
Gross Profit Margin	46.57%	41.39%	35.96%	30.4%	45.21%	45.66%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$201.1M	$214.0M	$480.5M	$149.9M	$227.7M	$321.6M
YoY Change	-6.0%	-55.47%	220.58%	-34.16%	-29.2%
% of Gross Profit	19.49%	28.37%	101.38%	51.99%	26.5%	40.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$244.4M	$228.9M	$235.1M	$247.7M	$220.5M	$211.5M
YoY Change	6.78%	-2.65%	-5.07%	12.35%	4.24%
% of Gross Profit	23.68%	30.34%	49.6%	85.92%	25.66%	26.48%
Operating Expenses	$201.1M	$214.0M	$480.5M	$149.9M	$227.7M	$599.1M
YoY Change	-6.0%	-55.47%	220.58%	-34.16%	-62.0%
Operating Profit	$225.2M	$110.6M	-$495.2M	-$359.1M	$168.3M	$199.6M
YoY Change	103.59%	-122.34%	37.88%	-313.42%	-15.69%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	-$130.4M	-$113.2M	-$183.5M	-$128.6M	-$128.2M	-$135.4M
YoY Change	15.17%	-38.29%	42.69%	0.31%	-5.32%
% of Operating Profit	-57.91%	-102.37%			-76.18%	-67.84%
Other Income/Expense, Net	-$130.4M	-$113.2M	-$224.5M	-$128.6M	-$128.2M
YoY Change	15.17%	-49.57%	74.62%	0.34%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	$94.79M	-$2.618M	-$719.7M	-$487.7M	$40.13M	$61.10M
YoY Change	-3720.7%	-99.64%	47.56%	-1315.41%	-34.32%
Income Tax	$18.73M	-$825.0K	-$140.3M	-$127.5M	$10.08M	$22.50M
% Of Pretax Income	19.76%				25.12%	36.82%
Net Earnings	$76.06M	-$1.793M	-$579.4M	-$360.2M	$30.03M	$40.90M
YoY Change	-4342.22%	-99.69%	60.85%	-1299.64%	-26.59%
Net Earnings / Revenue	3.43%	-0.1%	-43.96%	-37.98%	1.58%	2.34%
Basic Earnings Per Share	$0.39	-$0.01	-$3.73	-$2.48	$0.22
Diluted Earnings Per Share	$0.37	-$0.01	-$3.73	-$2.48	$0.22	$213.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019
Cash & Short-Term Investments	$29.97M	$25.51M	$31.60M	$33.20M	$48.00M
YoY Change	17.47%	-19.28%	-4.82%	-30.83%
Cash & Equivalents	$29.97M	$25.51M	$31.60M	$33.20M	$48.00M
Short-Term Investments
Other Short-Term Assets	$32.47M	$36.88M	$34.00M	$74.80M	$60.20M
YoY Change	-11.95%	8.46%	-54.55%	24.25%
Inventory	$52.80M	$45.66M	$41.00M	$36.30M	$44.30M
Prepaid Expenses
Receivables	$23.90M	$13.38M	$6.500M	$4.800M	$17.30M
Other Receivables	$35.38M	$9.615M	$18.40M	$16.60M	$41.10M
Total Short-Term Assets	$174.5M	$131.0M	$131.5M	$165.7M	$210.8M
YoY Change	33.19%	-0.35%	-20.64%	-21.39%
Property, Plant & Equipment	$5.376B	$5.019B	$4.658B	$4.404B	$4.509B
YoY Change	7.1%	7.75%	5.78%	-2.34%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$74.51M	$68.66M	$59.70M	$50.70M	$54.80M
YoY Change	8.52%	15.01%	17.75%	-7.48%
Total Long-Term Assets	$6.858B	$6.494B	$6.125B	$5.852B	$5.965B
YoY Change	5.59%	6.03%	4.67%	-1.9%
Total Assets	$7.032B	$6.625B	$6.257B	$6.018B	$6.176B
YoY Change
Accounts Payable	$190.0M	$199.0M	$154.6M	$94.00M	$150.7M
YoY Change	-4.53%	28.72%	64.47%	-37.62%
Accrued Expenses	$170.9M	$199.1M	$188.2M	$165.0M	$157.5M
YoY Change	-14.15%	5.78%	14.06%	4.76%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$74.48M	$16.02M	$24.90M	$140.4M	$37.70M
YoY Change	364.93%	-35.66%	-82.26%	272.41%
Total Short-Term Liabilities	$557.2M	$457.4M	$406.3M	$443.1M	$391.6M
YoY Change	21.82%	12.58%	-8.31%	13.15%
Long-Term Debt	$1.883B	$1.828B	$1.777B	$2.135B	$2.225B
YoY Change	3.03%	2.87%	-16.77%	-4.05%
Other Long-Term Liabilities	$2.282B	$2.175B	$1.927B	$1.763B	$1.515B
YoY Change	4.92%	12.84%	9.29%	16.42%
Total Long-Term Liabilities	$4.165B	$4.002B	$3.704B	$3.898B	$3.739B
YoY Change	4.06%	8.06%	-4.98%	4.24%
Total Liabilities	$4.778B	$4.501B	$4.165B	$4.536B	$4.426B
YoY Change	6.15%	8.06%	-8.17%	2.49%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019
Basic Shares Outstanding	195.7M shares	193.6M shares	155.5M shares	145.1M shares	139.4M shares
Diluted Shares Outstanding	204.0M shares	193.6M shares	155.5M shares	145.1M shares	139.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $5.0957 Billion

About Life Time Group Holdings, Inc.

Life Time Group Holdings, Inc. operates as a holding company through its subsidiaries operates professional fitness, family recreation and spa centers. The company is headquartered in Chanhassen, Minnesota and currently employs 9,800 full-time employees. The company went IPO on 2021-10-07. The company is a lifestyle brand providing health, fitness, and wellness experiences at its athletic country club destinations and through a digital platform and a portfolio of athletic events. The company designs, builds, and operates its athletic country club destinations that are distinctive, multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment. The company offers fitness floors with equipment, spacious locker rooms, group fitness studios, indoor and outdoor pools and bistros, indoor and outdoor tennis courts, pickleball and basketball courts, LifeSpa, LifeCafe and its childcare and Kids Academy learning spaces. Its Life Time Digital features include live streaming fitness classes, remote goal-based personal training, nutrition and weight-loss support, curated health and fitness and wellness content. The company has a portfolio of more than 170 athletic country clubs across the United States and Canada.

Industry: Services-Membership Sports & Recreation Clubs Peers: Lucky Strike Entertainment Corp CEDAR FAIR L P F45 Training Holdings Inc. VAIL RESORTS INC Planet Fitness, Inc. RCI HOSPITALITY HOLDINGS, INC. Six Flags Entertainment Corp/OLD United Parks & Resorts Inc. Xponential Fitness, Inc.