Tearsheet

Life Time (LTH)


Market Price (7/8/2026): $42.48 | Market Cap: $9.4 BilSector: Consumer Discretionary | Industry: Leisure Facilities

Life Time (LTH)


Market Price (7/8/2026): $42.48
Market Cap: $9.4 Bil
Sector: Consumer Discretionary
Industry: Leisure Facilities

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 13%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%

Low stock price volatility
Vol 12M is 38%

Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization, and Health & Wellness Trends. Themes include Experiential Retail, and Integrated Premium Wellness Services.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -4.0%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 54%

Key risks
LTH key risks include [1] substantial debt leverage and liquidity pressure indicating a possibility of financial distress, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 13%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%
2 Low stock price volatility
Vol 12M is 38%
3 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization, and Health & Wellness Trends. Themes include Experiential Retail, and Integrated Premium Wellness Services.
4 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
5 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -4.0%
6 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 54%
7 Key risks
LTH key risks include [1] substantial debt leverage and liquidity pressure indicating a possibility of financial distress, Show more.

LTH in ETFs

Weight = LTH's share of each fund

VTI0.01%
ITOT0.01%
IWM0.18%
IJR0.34%
VB0.05%
IJT0.49%
SLYG0.49%
IWN0.36%
+16 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/7/2026

Life Time (LTH) stock has gained about 55% since 3/31/2026 because of the following key factors:

1. Stronger-than-Expected Fiscal Q1 2026 Financial Results.

Life Time (LTH) reported better-than-anticipated results for fiscal Q1 2026, which ended March 31, 2026. The company posted earnings per share (EPS) of $0.42, surpassing the Zacks Consensus Estimate of $0.39 by $0.03, reflecting a positive earnings surprise of 7.69%. Quarterly revenue also increased 11.7% year-over-year to $788.70 million, exceeding analysts' expectations of $787.65 million. This strong performance drove an 11.8% gain in LTH shares on May 5, 2026, the day following the earnings announcement.

2. Upgraded Analyst Ratings and Price Targets.

During the period, Life Time received positive reinforcement from the analyst community, with a consensus rating ranging from "Moderate Buy" to "Strong Buy" across multiple firms. Several analysts raised their price targets for LTH shares, signaling increased confidence in the company's future performance. Notably, Oppenheimer boosted its price target from $43.00 to $60.00 on June 25, 2026, with an "outperform" rating. Similarly, Northland Securities increased its objective from $43.00 to $48.00 on June 24, 2026, also maintaining an "outperform" rating. The average 12-month price target for LTH currently stands between $43.00 and $44.00.

Show more
Updated on 7/7/2026

Life Time (LTH) stock has gained about 55% since 3/31/2026 because of the following key factors:

1. Stronger-than-Expected Fiscal Q1 2026 Financial Results.

Life Time (LTH) reported better-than-anticipated results for fiscal Q1 2026, which ended March 31, 2026. The company posted earnings per share (EPS) of $0.42, surpassing the Zacks Consensus Estimate of $0.39 by $0.03, reflecting a positive earnings surprise of 7.69%. Quarterly revenue also increased 11.7% year-over-year to $788.70 million, exceeding analysts' expectations of $787.65 million. This strong performance drove an 11.8% gain in LTH shares on May 5, 2026, the day following the earnings announcement.

2. Upgraded Analyst Ratings and Price Targets.

During the period, Life Time received positive reinforcement from the analyst community, with a consensus rating ranging from "Moderate Buy" to "Strong Buy" across multiple firms. Several analysts raised their price targets for LTH shares, signaling increased confidence in the company's future performance. Notably, Oppenheimer boosted its price target from $43.00 to $60.00 on June 25, 2026, with an "outperform" rating. Similarly, Northland Securities increased its objective from $43.00 to $48.00 on June 24, 2026, also maintaining an "outperform" rating. The average 12-month price target for LTH currently stands between $43.00 and $44.00.

3. Strategic Expansion and Innovative Member Offerings.

Life Time continued to execute on its growth strategy by opening new athletic country clubs and expanding its experiential offerings. On June 26, 2026, the company opened its 16th Chicago-area location, Life Time North Shore, which notably features 28 indoor and outdoor pickleball courts. Furthermore, Life Time is expanding its "LT Games" hybrid fitness competition series to Dallas, supported by a new HYBRID XT studio, with registration for the event commencing on July 14, 2026. These strategic expansions and innovative programs, including the L•AI•C™ AI-powered health companion integrated into its app, underscore the company's commitment to its "athletic country club" model, which is gaining market traction.

Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The 55.7% change in LTH stock from 3/31/2026 to 7/7/2026 was primarily driven by a 51.7% change in the company's P/E Multiple.
(LTM values as of)33120267072026Change
Stock Price ($)26.9441.9555.7%
Change Contribution By: 
Total Revenues ($ Mil)2,9953,0782.8%
Net Income Margin (%)12.5%12.5%0.4%
P/E Multiple15.924.151.7%
Shares Outstanding (Mil)221222-0.5%
Cumulative Contribution55.7%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/7/2026
ReturnCorrelation
LTH55.7% 
Market (SPY)15.0%23.3%
Sector (XLY)7.7%23.2%

Fundamental Drivers

The 57.8% change in LTH stock from 12/31/2025 to 7/7/2026 was primarily driven by a 26.8% change in the company's Net Income Margin (%).
(LTM values as of)123120257072026Change
Stock Price ($)26.5841.9557.8%
Change Contribution By: 
Total Revenues ($ Mil)2,9133,0785.6%
Net Income Margin (%)9.9%12.5%26.8%
P/E Multiple20.324.118.8%
Shares Outstanding (Mil)220222-0.8%
Cumulative Contribution57.8%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/7/2026
ReturnCorrelation
LTH57.8% 
Market (SPY)9.9%34.3%
Sector (XLY)-1.5%36.0%

Fundamental Drivers

The 38.3% change in LTH stock from 6/30/2025 to 7/7/2026 was primarily driven by a 64.9% change in the company's Net Income Margin (%).
(LTM values as of)63020257072026Change
Stock Price ($)30.3341.9538.3%
Change Contribution By: 
Total Revenues ($ Mil)2,7303,07812.7%
Net Income Margin (%)7.6%12.5%64.9%
P/E Multiple31.024.1-22.1%
Shares Outstanding (Mil)212222-4.5%
Cumulative Contribution38.3%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/7/2026
ReturnCorrelation
LTH38.3% 
Market (SPY)22.0%33.4%
Sector (XLY)8.7%35.9%

Fundamental Drivers

The 113.3% change in LTH stock from 6/30/2023 to 7/7/2026 was primarily driven by a 282.2% change in the company's Net Income Margin (%).
(LTM values as of)63020237072026Change
Stock Price ($)19.6741.95113.3%
Change Contribution By: 
Total Revenues ($ Mil)1,9413,07858.6%
Net Income Margin (%)3.3%12.5%282.2%
P/E Multiple60.124.1-59.9%
Shares Outstanding (Mil)195222-12.3%
Cumulative Contribution113.3%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/7/2026
ReturnCorrelation
LTH113.3% 
Market (SPY)74.6%42.2%
Sector (XLY)41.4%42.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
LTH Return-3%-31%26%47%20%55%132%
Peers Return7%-25%6%24%-21%-19%-33%
S&P 500 Return27%-19%24%23%16%10%101%

Monthly Win Rates [3]
LTH Win Rate33%42%33%67%42%57% 
Peers Win Rate50%40%58%50%48%37% 
S&P 500 Win Rate75%42%67%75%67%57% 

Max Drawdowns [4]
LTH Max Drawdown--50%-49%-21%-26%-16% 
Peers Max Drawdown-38%-51%-44%-39%-46%-45% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PLNT, PTON, LULU, GRMN, XPOF.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/7/2026 (YTD)

How Low Can It Go

EventLTHS&P 500
2025 US Tariff Shock
  % Loss-18.3%-18.8%
  % Gain to Breakeven22.4%23.1%
  Time to Breakeven327 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-39.5%-9.5%
  % Gain to Breakeven65.3%10.5%
  Time to Breakeven238 days24 days
2023 SVB Regional Banking Crisis
  % Loss-19.3%-6.7%
  % Gain to Breakeven23.9%7.1%
  Time to Breakeven28 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-46.1%-24.5%
  % Gain to Breakeven85.5%32.4%
  Time to Breakeven95 days427 days

Compare to PLNT, PTON, LULU, GRMN, XPOF

In The Past

Life Time's stock fell -18.3% during the 2025 US Tariff Shock. Such a loss loss requires a 22.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventLTHS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-39.5%-9.5%
  % Gain to Breakeven65.3%10.5%
  Time to Breakeven238 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-46.1%-24.5%
  % Gain to Breakeven85.5%32.4%
  Time to Breakeven95 days427 days

Compare to PLNT, PTON, LULU, GRMN, XPOF

In The Past

Life Time's stock fell -18.3% during the 2025 US Tariff Shock. Such a loss loss requires a 22.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Life Time (LTH)

Life Time Group Holdings, Inc. (LTH) operates as a premier health, fitness, and wellness company across the United States and Canada. The company distinguishes itself by designing, building, and operating expansive, resort-like centers that offer a comprehensive suite of sports, athletic, professional fitness, family recreation, and spa amenities. These high-end facilities are strategically located in suburban and urban metropolitan areas, providing a luxury experience for its members.

At its core, Life Time provides extensive physical centers equipped with state-of-the-art fitness floors, group studios, indoor and outdoor pools, tennis and basketball courts, full-service locker rooms, bistros, and dedicated LifeSpa and LifeCafe offerings. The centers also cater to families with childcare and Kids Academy learning spaces. Complementing its physical footprint, Life Time offers a robust digital platform, Life Time Digital, which includes live-streaming fitness classes, remote personal training, nutrition support, and curated wellness content, including integration with Apple Fitness+. The company also engages in media activities and hosts athletic events.

Life Time primarily serves individual members and families seeking an all-encompassing, high-quality health and wellness lifestyle. Its target market comprises communities in metropolitan areas who desire premium fitness facilities combined with spa services, healthy dining options, and family-oriented amenities, all within a sophisticated, resort-like environment. This integrated approach aims to meet a broad spectrum of wellness needs for its members.

AI Analysis | Feedback

Here are a few analogies to describe Life Time (LTH):

  • It's like Equinox but with resort-style amenities for the entire family.

  • Think of it as a country club where health, fitness, and wellness are the main attraction.

AI Analysis | Feedback

  • Health and Fitness Centers: Operating large, resort-like physical centers that provide extensive athletic, fitness, recreation, and spa amenities for members.
  • Life Time Digital Platform: An online platform offering live streaming fitness classes, remote personal training, nutrition support, and curated health and wellness content.
  • Spa Services (LifeSpa): Providing professional spa treatments and services within their physical centers.
  • Food and Beverage (LifeCafe & Bistros): Offering healthy food and beverage options available at on-site cafes and bistros within their centers.
  • Childcare and Kids Academy: Providing supervised childcare and structured learning and recreational programs for children within their centers.
  • Athletic Event Management: Organizing and conducting various athletic events and related services.

AI Analysis | Feedback

Life Time Group Holdings, Inc. (LTH) primarily serves individual members rather than other businesses. Based on the company description, its major customers can be categorized as:

  • Health and Fitness Enthusiasts: Individuals seeking comprehensive fitness facilities, equipment, group fitness classes, personal training, and sports amenities such as tennis and basketball courts to achieve their health and performance goals.

  • Families and Parents: Customers who utilize the company's family recreation options, including indoor and outdoor pools, childcare services, and Kids Academy learning spaces, looking for a holistic wellness environment for all ages.

  • Wellness and Lifestyle Seekers: Individuals looking for a premium, resort-like experience that extends beyond traditional fitness, encompassing spa services (LifeSpa), healthy dining options (LifeCafe, bistros), and an overall upscale environment for integrated health and wellness.

AI Analysis | Feedback

null

AI Analysis | Feedback

Bahram Akradi, Founder, Chairman, and Chief Executive Officer

Bahram Akradi founded Life Time in 1992. Prior to launching Life Time, he co-founded and led U.S. Swim & Fitness Corporation (formerly Nautilus Fitness Center, Inc.) as its Executive Vice President from 1984 to 1989. Akradi and his partners sold U.S. Swim & Fitness to Bally Total Fitness in 1986. In 2015, Life Time was taken private by private equity firms Leonard Green and TPG in a transaction valued at over $4.0 billion.

Erik Weaver, Executive Vice President, Chief Financial Officer

Erik Weaver was appointed permanent Executive Vice President and Chief Financial Officer of Life Time Group Holdings, Inc. effective August 1, 2024. He previously served as the company's Interim Chief Financial Officer starting January 1, 2024, following the resignation of Robert Houghton. Weaver joined Life Time in 2004 and has held increasing roles of responsibility within the company's finance department, including Assistant Controller, Vice President and Controller, and Senior Vice President and Controller, as well as principal accounting officer. He holds a Master of Business Administration from Hamline University and a B.S. degree in accounting from St. Cloud State University.

Eric Buss, Executive Vice President, Chief Administrative Officer

Eric Buss serves as the Executive Vice President and Chief Administrative Officer for Life Time Group Holdings, Inc.

Parham Javaheri, Executive Vice President, President Club Operations and Chief of Property Development

Parham Javaheri holds the position of Executive Vice President, President Club Operations and Chief of Property Development at Life Time Group Holdings, Inc.

RJ Singh, Executive Vice President, Chief Digital Officer

RJ Singh is the Executive Vice President and Chief Digital Officer for Life Time Group Holdings, Inc. He received his undergraduate degree from Hamline University.

AI Analysis | Feedback

Here are the key risks to Life Time's business:

  1. High Debt and Leverage: Life Time Group Holdings, Inc. carries substantial debt, with net debt around $1.46 billion as of March 2025 and total liabilities significantly exceeding its cash and receivables. This high leverage creates a substantial burden from interest payments and can limit the company's financial flexibility. If cash flow weakens, the debt becomes riskier, potentially leading to liquidity issues or requiring the company to raise new equity capital at a low price, which would dilute existing shareholders.
  2. Intense Competition and Evolving Consumer Preferences: The health and wellness industry is highly competitive and fragmented, with Life Time facing rivals ranging from low-cost gyms to boutique studios and digital fitness platforms like Peloton. There is also a continuous shift in consumer preferences, including a growing trend towards home fitness and on-demand services, which could challenge the traditional, comprehensive club model offered by Life Time. The company must continuously adapt its offerings and maintain its premium differentiation to attract and retain members in this dynamic market.
  3. Sensitivity to Economic Downturns: Life Time's premium health, fitness, and wellness experiences are largely considered discretionary spending for consumers. During periods of economic uncertainty, inflation, or recession, consumers are likely to cut back on such non-essential expenditures. This can directly impact Life Time's membership growth, retention, and overall revenue, as its affluent member base, while somewhat resilient, is not immune to broader economic pressures.

AI Analysis | Feedback

The accelerating shift towards at-home and digital-first fitness and wellness solutions, offered by dedicated platforms and devices (e.g., Peloton, Apple Fitness+, Mirror, smart fitness apps). This trend provides consumers with convenient, often more cost-effective, and highly flexible alternatives to traditional physical gym memberships, potentially eroding the market for premium, facility-based experiences like those offered by Life Time.

AI Analysis | Feedback

Life Time Group Holdings, Inc. (LTH) operates within several large addressable markets, primarily centered around health, fitness, and wellness experiences, including physical clubs, spa services, and digital offerings across the United States and Canada.

Health and Wellness Market

  • The global health and wellness market was estimated at USD 6.87 trillion in 2025 and is predicted to increase to approximately USD 11 trillion by 2034.
  • In the U.S., the health and wellness industry was valued at US$2 trillion in 2024.

Health and Fitness Club Market

  • Globally, the health and fitness club market size was approximately USD 121.19 billion in 2024 and is projected to grow to about USD 244.70 billion by 2032.
  • Within the U.S., the market size for health and fitness clubs is estimated at USD 45.8 billion in 2025 and is expected to reach USD 71.5 billion by 2035.

Spa Services Market

  • The global spa services market was valued at USD 76.35 billion in 2024 and is expected to reach USD 197.30 billion by 2032.
  • The U.S. spa industry generated a record US$22.5 billion in revenue in 2024.

Digital Fitness Market

  • The global digital fitness market, which includes wearables, connected equipment, and apps, is valued at USD 153.5 billion in 2026 and is expected to reach USD 312.3 billion by 2032.
  • The U.S. fitness apps market size was approximately USD 4.75 billion in 2024 and is projected to reach around USD 12.55 billion by 2034.

AI Analysis | Feedback

Life Time (LTH) anticipates several key drivers for its future revenue growth over the next 2-3 years: * **New Club Openings and Expansion:** Life Time is aggressively expanding its footprint, with plans to nearly double the amount of new club square footage opened in 2026 compared to 2024 and 2025. The company is targeting up to 28 club openings by 2027, with a significant portion of its 2026 growth capital expenditures allocated to clubs opening in 2027 and beyond, indicating sustained expansion. * **Increased Membership Dues and Optimized Pricing:** The company is focused on optimizing its membership mix and pricing strategies on a club-by-club basis. This has consistently led to higher average monthly dues and increased average revenue per center membership. * **Growth in In-Center Revenue and Services Utilization:** Life Time expects continued revenue growth from increased utilization of its in-center businesses and offerings. This includes services such as Dynamic Personal Training, food and beverage, and retail, which have shown robust growth. * **Enhanced Member Engagement and Membership Mix Optimization:** A core strategy involves increasing member engagement and optimizing the membership mix, particularly by attracting more couples and families who tend to have higher revenue and visit frequency. This focus is designed to further boost revenue per center membership. * **Comparable Center Revenue Growth:** Beyond new clubs, existing mature centers are also expected to contribute to revenue expansion. Life Time has provided guidance for comparable center revenue growth of approximately 6.3% to 7.3% for the full year 2026.

AI Analysis | Feedback

Share Repurchases

  • In February 2026, Life Time's board of directors authorized a share repurchase program of up to $500 million of the company's common stock, with no expiration date.

Share Issuance

  • Life Time Group Holdings, Inc. completed its Initial Public Offering (IPO) on October 12, 2021, issuing 39.0 million shares of common stock at $18.00 per share, resulting in gross proceeds of $702.0 million.
  • In November 2021, the company sold nearly 1.6 million additional shares through an over-allotment option from its IPO, generating approximately $28.4 million in gross proceeds.
  • In June 2025, certain selling stockholders conducted a secondary offering of 20 million shares of the company's common stock, resulting in total gross proceeds of $590 million, with the company not receiving any proceeds from this offering.

Capital Expenditures

  • Total capital expenditures, net of construction reimbursements, were $892 million in 2025, with $657 million allocated to growth capital expenditures for new clubs.
  • Life Time anticipates investing between $875 million and $915 million in growth capital for 2026, with over half dedicated to clubs scheduled to open in 2027 and beyond, alongside $140 million to $150 million for maintenance and $130 million to $140 million for modernization, technology, and corporate investments.
  • The primary focus of capital expenditures is on accelerating new club openings, with expectations to open 12 to 14 new clubs in 2026. The company plans to fund these through cash from operations, cash on hand, and at least $300 million from sale-leaseback transactions in 2026.

Better Bets vs. Life Time (LTH)

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

LTHPLNTPTONLULUGRMNXPOFMedian
NameLife TimePlanet F.Peloton .Lululemo.Garmin Xponenti. 
Mkt Price41.9552.305.82115.07248.686.9147.12
Mkt Cap9.34.22.513.347.90.36.7
Rev LTM3,0781,3852,44511,2047,4642992,762
Op Inc LTM5084141922,0491,97553461
FCF LTM-1242674011,2801,452-4334
FCF 3Y Avg-572281511,4431,3417190
CFO LTM8854324141,9361,7491659
CFO 3Y Avg6783811692,1131,56613529

Growth & Margins

LTHPLNTPTONLULUGRMNXPOFMedian
NameLife TimePlanet F.Peloton .Lululemo.Garmin Xponenti. 
Rev Chg LTM12.7%14.4%-3.3%4.2%15.7%-5.9%8.5%
Rev Chg 3Y Avg16.6%12.5%-4.8%9.8%15.6%5.1%11.1%
Rev Chg Q11.7%21.9%1.1%4.3%14.2%-21.0%8.0%
QoQ Delta Rev Chg LTM2.8%4.6%0.3%0.9%3.0%-5.1%1.8%
Op Inc Chg LTM29.3%22.7%620.3%-18.4%21.3%535.0%26.0%
Op Inc Chg 3Y Avg40.7%21.1%259.7%4.6%25.8%156.4%33.3%
Op Mgn LTM16.5%29.9%7.9%18.3%26.5%17.6%17.9%
Op Mgn 3Y Avg13.6%28.0%-4.3%21.5%24.5%10.5%17.6%
QoQ Delta Op Mgn LTM0.5%0.1%2.4%-1.6%0.6%3.1%0.5%
CFO/Rev LTM28.8%31.2%16.9%17.3%23.4%0.3%20.4%
CFO/Rev 3Y Avg24.7%30.9%7.0%20.1%24.5%4.1%22.3%
FCF/Rev LTM-4.0%19.3%16.4%11.4%19.4%-1.4%13.9%
FCF/Rev 3Y Avg-2.4%18.5%6.3%13.8%21.0%2.1%10.0%

Valuation

LTHPLNTPTONLULUGRMNXPOFMedian
NameLife TimePlanet F.Peloton .Lululemo.Garmin Xponenti. 
Mkt Cap9.34.22.513.347.90.36.7
P/S3.03.01.01.26.40.92.1
P/Op Inc18.310.013.06.524.34.911.5
P/EBIT18.39.516.66.524.3197.417.4
P/E24.118.2108.19.127.6-7.821.2
P/CFO10.59.66.06.927.4318.010.1
Total Yield4.1%5.5%0.9%11.0%5.1%-12.9%4.6%
Dividend Yield0.0%0.0%0.0%0.0%1.4%0.0%0.0%
FCF Yield 3Y Avg-2.1%3.6%6.5%4.9%3.6%1.4%3.6%
D/E0.40.70.70.20.02.00.6
Net D/E0.40.60.20.0-0.12.00.3

Returns

LTHPLNTPTONLULUGRMNXPOFMedian
NameLife TimePlanet F.Peloton .Lululemo.Garmin Xponenti. 
1M Rtn29.5%3.2%0.9%0.7%5.6%29.4%4.4%
3M Rtn48.8%-29.6%21.0%-25.1%3.5%-4.7%-0.6%
6M Rtn51.4%-50.4%-11.8%-46.7%19.8%-15.8%-13.8%
12M Rtn43.7%-51.1%-9.5%-51.6%17.9%-26.7%-18.1%
3Y Rtn109.2%-21.7%-27.9%-68.4%150.0%-60.6%-24.8%
1M Excs Rtn29.9%3.0%-4.6%-6.8%4.3%27.2%3.6%
3M Excs Rtn37.3%-42.3%11.7%-39.8%-10.6%-11.1%-10.9%
6M Excs Rtn47.8%-61.7%-14.3%-54.8%14.4%-23.3%-18.8%
12M Excs Rtn23.6%-70.5%-31.5%-72.8%-1.8%-26.9%-29.2%
3Y Excs Rtn43.0%-93.5%-92.7%-139.6%82.7%-132.4%-93.1%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment2,9952,6212,217  
In-center revenue   518380
Membership dues and enrollment fees   1,252907
Other revenue   5331
Total2,9952,6212,2171,8231,318


Price Behavior

Price Behavior
Market Price$41.95 
Market Cap ($ Bil)9.3 
First Trading Date10/07/2021 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$33.49$28.61
DMA Trendupup
Distance from DMA25.3%46.6%
 3M1YR
Volatility49.7%38.6%
Downside Capture5.7383.27
Upside Capture147.51106.98
Correlation (SPY)26.9%34.0%
LTH Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta0.321.100.891.091.041.16
Up Beta0.542.731.351.601.701.28
Down Beta0.39-0.15-0.240.600.520.94
Up Capture160%273%168%159%108%184%
Bmk +ve Days11244067140429
Stock +ve Days13213358119385
Down Capture-92%-25%21%70%94%104%
Bmk -ve Days10172358112321
Stock -ve Days8203065129353

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LTH
LTH43.9%38.6%1.02-
Sector ETF (XLY)6.8%18.6%0.2236.3%
Equity (SPY)20.7%12.5%1.2233.5%
Gold (GLD)23.0%27.8%0.732.2%
Commodities (DBC)22.9%18.6%0.97-21.6%
Real Estate (VNQ)13.6%13.8%0.6832.8%
Bitcoin (BTCUSD)-41.8%42.8%-1.1414.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LTH
LTH18.9%47.5%0.54-
Sector ETF (XLY)6.5%23.9%0.2349.5%
Equity (SPY)13.3%17.1%0.6049.4%
Gold (GLD)17.8%18.3%0.796.2%
Commodities (DBC)7.6%19.5%0.292.3%
Real Estate (VNQ)3.1%18.9%0.0648.1%
Bitcoin (BTCUSD)13.2%53.5%0.4321.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LTH
LTH9.0%47.5%0.54-
Sector ETF (XLY)13.1%22.1%0.5449.5%
Equity (SPY)15.7%17.9%0.7549.4%
Gold (GLD)11.6%16.1%0.596.2%
Commodities (DBC)6.2%18.0%0.272.3%
Real Estate (VNQ)5.6%20.7%0.2348.1%
Bitcoin (BTCUSD)57.9%66.2%0.9821.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity8.9 Mil
Short Interest: % Change Since 5312026-5.9%
Average Daily Volume2.2 Mil
Days-to-Cover Short Interest4.1 days
Basic Shares Quantity221.9 Mil
Short % of Basic Shares4.0%

Earnings Returns History

Updated 6/8/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/5/202611.8%23.1%20.9%
2/24/2026-2.0%-6.9%-9.2%
11/4/20255.3%0.5%6.8%
8/5/2025-9.7%-2.6%-2.9%
5/8/2025-6.7%-11.3%-12.0%
2/27/2025-1.0%1.8%0.4%
10/24/2024-8.1%-8.6%-3.7%
8/1/20246.0%9.7%13.1%
...
SUMMARY STATS   
# Positive91012
# Negative1097
Median Positive6.0%15.0%12.5%
Median Negative-7.4%-8.6%-12.0%
Max Positive13.1%35.4%52.2%
Max Negative-15.2%-17.3%-21.3%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/5/202611.8%23.1%20.9%
2/24/2026-2.0%-6.9%-9.2%
11/4/20255.3%0.5%6.8%
8/5/2025-9.7%-2.6%-2.9%
5/8/2025-6.7%-11.3%-12.0%
2/27/2025-1.0%1.8%0.4%
10/24/2024-8.1%-8.6%-3.7%
8/1/20246.0%9.7%13.1%
2/28/202410.4%12.1%24.1%
10/25/2023-15.2%-17.3%7.1%
7/25/2023-13.6%-16.0%-21.3%
4/25/20236.7%18.0%11.8%
3/8/2023-6.5%-10.5%-16.1%
1/9/202313.1%35.4%52.2%
11/9/20224.4%29.4%34.2%
8/10/20220.7%-0.7%-17.0%
5/11/20223.2%21.4%21.6%
3/10/2022-8.7%-6.9%1.8%
10/28/2021-3.6%1.4%11.0%
SUMMARY STATS   
# Positive91012
# Negative1097
Median Positive6.0%15.0%12.5%
Median Negative-7.4%-8.6%-12.0%
Max Positive13.1%35.4%52.2%
Max Negative-15.2%-17.3%-21.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/05/202610-Q
12/31/202502/24/202610-K
09/30/202511/04/202510-Q
06/30/202508/05/202510-Q
03/31/202505/08/202510-Q
12/31/202402/27/202510-K
09/30/202410/28/202410-Q
06/30/202408/01/202410-Q
03/31/202405/07/202410-Q
12/31/202302/28/202410-K
09/30/202310/31/202310-Q
06/30/202307/31/202310-Q
03/31/202305/01/202310-Q
12/31/202203/08/202310-K
09/30/202211/09/202210-Q
06/30/202208/10/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/05/202610-Q
12/31/202502/24/202610-K
09/30/202511/04/202510-Q
06/30/202508/05/202510-Q
03/31/202505/08/202510-Q
12/31/202402/27/202510-K
09/30/202410/28/202410-Q
06/30/202408/01/202410-Q
03/31/202405/07/202410-Q
12/31/202302/28/202410-K
09/30/202310/31/202310-Q
06/30/202307/31/202310-Q
03/31/202305/01/202310-Q
12/31/202203/08/202310-K
09/30/202211/09/202210-Q
06/30/202208/10/202210-Q
03/31/202205/11/202210-Q
12/31/202103/10/202210-K
09/30/202111/17/202110-Q
06/30/202110/08/2021424B4

Recent Forward Guidance

Updated 6/1/2026

Latest: Q1 2026 Earnings Reported 5/5/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue3.32 Bil3.33 Bil3.35 Bil0.6% RaisedGuidance: 3.31 Bil for 2026
2026 Net Income340.00 Mil342.50 Mil345.00 Mil2.9% RaisedGuidance: 333.00 Mil for 2026
2026 Adjusted EBITDA925.00 Mil932.50 Mil940.00 Mil1.6% RaisedGuidance: 917.50 Mil for 2026
2026 Comparable center revenue growth6.9%7.2%7.5%5.9%0.4%RaisedGuidance: 6.8% for 2026
2026 Growth capital expenditures8.75E10%8.95E10%9.15E10%   

Prior: Q4 2025 Earnings Reported 2/24/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Total revenue3.30 Bil3.31 Bil3.33 Bil11.1% Higher NewActual: 2.98 Bil for 2025
2026 Net Income330.00 Mil333.00 Mil336.00 Mil9.2% Higher NewActual: 305.00 Mil for 2025
2026 Adjusted EBITDA910.00 Mil917.50 Mil925.00 Mil11.6% Higher NewActual: 822.00 Mil for 2025
2026 Comparable center revenue growth6.3%6.8%7.3%-37.6%-4.1%Lower NewActual: 10.9% for 2025
2026 Adjusted net income369.00 Mil373.50 Mil378.00 Mil   
2026 Weighted-average diluted common shares outstanding229.00 Mil230.00 Mil231.00 Mil   

Q3 2025 Earnings Reported 11/4/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2025 Revenue2.98 Bil2.98 Bil2.99 Bil0.4% RaisedGuidance: 2.97 Bil for 2025
2025 Net Income304.00 Mil305.00 Mil306.00 Mil4.6% RaisedGuidance: 291.50 Mil for 2025
2025 Adjusted EBITDA820.00 Mil822.00 Mil824.00 Mil1.5% RaisedGuidance: 810.00 Mil for 2025
2025 Comparable center revenue growth10.8%10.9%11.0%11.8%1.2%RaisedGuidance: 9.75% for 2025
2025 Rent337.00 Mil340.00 Mil343.00 Mil   
2025 Non-cash rent expense34.00 Mil35.00 Mil36.00 Mil   
2025 Interest expense81.00 Mil82.00 Mil83.00 Mil   
2025 Cash income tax expense27.00 Mil28.00 Mil29.00 Mil   
2025 Depreciation and amortization expense296.00 Mil297.00 Mil298.00 Mil   

Insider Activity

Updated 6/26/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Singh, Ritadhwaja JebensEVP & CHIEF DIGITAL OFFICERDirectSell626202638.6567,7512,618,5765,347,266Form
2Almendares, JimenaDirectSell612202633.5940,5891,363,5271,242,388Form
3Danhakl, John G See footnote.Sell605202628.602,208,58063,165,388315,392,306Form
4Galashan, John Kristofer See footnote.Sell605202628.602,208,58063,165,388315,392,306Form
5Green, Ltf Holdings II LP DirectSell605202628.602,208,58063,165,388524,438Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Singh, Ritadhwaja JebensEVP & CHIEF DIGITAL OFFICERDirectSell626202638.6567,7512,618,5765,347,266Form
2Almendares, JimenaDirectSell612202633.5940,5891,363,5271,242,388Form
3Danhakl, John G See footnote.Sell605202628.602,208,58063,165,388315,392,306Form
4Galashan, John Kristofer See footnote.Sell605202628.602,208,58063,165,388315,392,306Form
5Green, Ltf Holdings II LP DirectSell605202628.602,208,58063,165,388524,438Form
6Partners, Group Private Equity Fund, Llc See footnoteSell605202628.60329,9219,435,74147,227,809Form
7Partners, Group Private Equity Fund, Llc See footnoteSell526202632.51449,96014,628,20064,410,210Form
8Green, Ltf Holdings II LP DirectSell526202632.513,006,10097,728,311715,545Form
9Galashan, John Kristofer See footnote.Sell526202632.513,006,10097,728,311430,311,560Form
10Danhakl, John G See footnote.Sell526202632.513,006,10097,728,311430,311,560Form
11Javaheri, ParhamEVP &PRESIDENT CLUB OPERATIONSDirectSell511202631.8062,9002,000,2267,841,078Form
12Partners, Group Private Equity Fund, Llc See footnoteSell511202631.46747,17823,506,22076,485,646Form
13Green, Ltf Holdings II LP DirectSell511202631.464,991,749157,040,424849,703Form
14Danhakl, John G See footnote.Sell511202631.464,991,749157,040,424510,985,369Form
15Galashan, John Kristofer See footnote.Sell511202631.464,991,749157,040,424510,985,369Form
16Lasher, Stuart GDirectSell508202632.4250,0001,621,1352,303,892Form
17Buss, Eric JEVP & CHIEF ADMIN. OFFICERDirectSell508202632.02192,2176,154,42315,176,836Form
18Weaver, ErikEVP & Chief Financial OfficerDirectSell508202632.6922,000719,2023,732,201Form
19Singh, Ritadhwaja JebensEVP & CHIEF DIGITAL OFFICERDirectSell508202629.9540,2021,204,0504,143,612Form
20Partners, Group Private Equity Fund, Llc See footnoteSell507202628.60542,11915,504,60390,901,697Form
21Galashan, John Kristofer See footnote.Sell507202628.602,493,08371,302,174641,011,171Form
22Green, Ltf Holdings II LP DirectSell507202628.602,493,08371,302,1741,065,922Form
23Danhakl, John G See footnote.Sell507202628.602,493,08371,302,174641,011,171Form
24Javaheri, ParhamEVP &PRESIDENT CLUB OPERATIONSDirectSell313202626.4611,060292,6488,339,530Form
25Weaver, ErikEVP & Chief Financial OfficerDirectSell303202625.731,32934,1933,503,347Form
26Weaver, ErikEVP & Chief Financial OfficerDirectSell203202629.901,49344,6472,325,680Form
27Singh, Ritadhwaja JebensEVP & CHIEF DIGITAL OFFICERDirectSell203202630.315,880178,2233,095,985Form
28Singh, Ritadhwaja JebensEVP & CHIEF DIGITAL OFFICERDirectSell127202629.7512,088359,6183,301,268Form
29Buss, Eric JEVP & CHIEF ADMIN. OFFICERDirectSell1201202528.0574,4872,089,42710,678,501Form
30Buss, Eric JEVP & CHIEF ADMIN. OFFICERDirectSell1201202528.04162,7224,562,38310,673,552Form
31Weaver, ErikEVP & Chief Financial OfficerDirectSell1014202525.104,846121,6252,052,138Form
32Partners, Group Private Equity (master Fund), Llc See footnoteSell915202528.95745,70721,588,218107,708,475Form
33Danhakl, John G See footnote.Sell915202528.954,991,976144,517,705721,030,466Form
34Green, Ltf Holdings II LP DirectSell915202528.954,991,976144,517,7051,198,964Form
35Galashan, John Kristofer See footnote.Sell915202528.954,991,976144,517,705721,030,466Form
36Javaheri, ParhamEVP &PRESIDENT CLUB OPERATIONSDirectSell828202528.059,375262,9336,735,323Form
37Javaheri, ParhamEVP &PRESIDENT CLUB OPERATIONSDirectSell616202527.8484,7442,359,1806,946,529Form
38Weaver, ErikEVP & Chief Financial OfficerDirectSell610202528.7418,000517,3382,489,287Form
39Singh, Ritadhwaja JebensEVP & CHIEF DIGITAL OFFICERDirectSell610202528.80134,2473,866,0183,835,550Form
40Danhakl, John G See footnote.Sell610202529.3811,655,582342,440,999878,404,327Form
41Green, Ltf Holdings II LP DirectSell610202529.3811,655,582342,440,9991,460,656Form
42Galashan, John Kristofer See footnote.Sell610202529.3811,655,582342,440,999878,404,327Form
43Tpg, Gp A, LlcSee Explanation of ResponsesSell610202529.388,344,418245,159,001628,863,857Form
Core Cache Last Updated: 7/7/2026