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Life Time Group Holdings (Life Time Group Holdings) Net Income : $74 Mil (TTM As of Mar. 2024)


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What is Life Time Group Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Life Time Group Holdings's Net Income for the three months ended in Mar. 2024 was $25 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $74 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Life Time Group Holdings's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.12.


Life Time Group Holdings Net Income Historical Data

The historical data trend for Life Time Group Holdings's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Life Time Group Holdings Net Income Chart

Life Time Group Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 30.03 -360.19 -579.37 -1.79 76.06

Life Time Group Holdings Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.46 17.00 7.92 23.68 24.92

Life Time Group Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Life Time Group Holdings's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=94.79+-18.727+0+0
=76

Life Time Group Holdings's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=34.831+-9.914+0+0
=25

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $74 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Life Time Group Holdings  (NYSE:LTH) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Life Time Group Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Life Time Group Holdings Net Income Related Terms

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Life Time Group Holdings (Life Time Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2902 Corporate Place, Chanhassen, MN, USA, 55317
Life Time Group Holdings Inc is engaged in designing, building, and operating distinctive and large, multi-use sports and athletic, professional fitness, family recreation and spa centres in a resort-like environment, principally in residential locations of metropolitan areas in the United States and Canada.
Executives
Bahram Akradi director, 10 percent owner, officer: Founder & CEO 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Erik Weaver officer: SVP & Controller C/O ORTHO-CLINICAL DIAGNOSTICS, INC., 1001 ROUTE 202, RARITAN NJ 08869
Robert P. Houghton officer: EVP & CHIEF FINANCIAL OFFICER 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Teacher Retirement System Of Texas other: Member of a group that is 10% 1000 RED RIVER STREET, AUSTIN TX 78701
Donna Coallier director 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jimena Almendares director C/O LIFE TIME GROUP HOLDINGS, INC., 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Lnk Life Time Fund, L.p. director, 10 percent owner 81 MAIN STREET, WHITE PLAINS NY 10601
Partners Group Private Equity (master Fund), Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 37TH FLOOR, NEW YORK NY 10036
Green Ltf Holdings Ii Lp director, 10 percent owner 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Simon Property Group Inc /de/ 10 percent owner 225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204-3438
John Kristofer Galashan director, 10 percent owner LEONARD, GREEN & PARTNERS, 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Jss Ltf Holdings Ltd 10 percent owner MARCY BUILDING, PURCELL ESTATE, P.O. BOX 2416, ROAD TOWN, TORTOLA D8 VG1110
Lifeco Llc 10 percent owner 499 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022