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Side-by-side financial comparison of ESAB Corp (ESAB) and Life Time Group Holdings, Inc. (LTH). Click either name above to swap in a different company.
Life Time Group Holdings, Inc. is the larger business by last-quarter revenue ($745.1M vs $727.8M, roughly 1.0× ESAB Corp). Life Time Group Holdings, Inc. runs the higher net margin — 16.5% vs 7.5%, a 9.0% gap on every dollar of revenue. On growth, Life Time Group Holdings, Inc. posted the faster year-over-year revenue change (12.3% vs 8.5%). ESAB Corp produced more free cash flow last quarter ($70.3M vs $-64.6M). Over the past eight quarters, Life Time Group Holdings, Inc.'s revenue compounded faster (11.7% CAGR vs 2.8%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Life Time Group Holdings, Inc. operates a network of premium athletic, fitness and wellness destinations across the United States. It offers diverse services including state-of-the-art gym facilities, group exercise classes, personal training, spa treatments, nutrition coaching, youth programs and co-working spaces for consumers pursuing holistic healthy lifestyles.
ESAB vs LTH — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $727.8M | $745.1M |
| Net Profit | $54.8M | $123.0M |
| Gross Margin | 37.0% | 49.1% |
| Operating Margin | 14.6% | 17.4% |
| Net Margin | 7.5% | 16.5% |
| Revenue YoY | 8.5% | 12.3% |
| Net Profit YoY | 2.1% | 231.0% |
| EPS (diluted) | $0.90 | $0.55 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $727.8M | $745.1M | ||
| Q3 25 | $715.6M | $782.6M | ||
| Q2 25 | $678.1M | $761.5M | ||
| Q1 25 | — | $706.0M | ||
| Q4 24 | $670.8M | $663.3M | ||
| Q3 24 | $673.3M | $693.2M | ||
| Q2 24 | $707.1M | $667.8M | ||
| Q1 24 | $689.7M | $596.7M |
| Q4 25 | $54.8M | $123.0M | ||
| Q3 25 | $66.9M | $102.4M | ||
| Q2 25 | $67.4M | $72.1M | ||
| Q1 25 | — | $76.1M | ||
| Q4 24 | $53.7M | $37.2M | ||
| Q3 24 | $68.2M | $41.4M | ||
| Q2 24 | $82.9M | $52.8M | ||
| Q1 24 | $60.0M | $24.9M |
| Q4 25 | 37.0% | 49.1% | ||
| Q3 25 | 37.2% | 47.1% | ||
| Q2 25 | 37.6% | 47.0% | ||
| Q1 25 | — | 47.5% | ||
| Q4 24 | 38.5% | 48.2% | ||
| Q3 24 | 37.7% | 46.5% | ||
| Q2 24 | 38.2% | 46.8% | ||
| Q1 24 | 37.0% | 46.1% |
| Q4 25 | 14.6% | 17.4% | ||
| Q3 25 | 15.2% | 17.3% | ||
| Q2 25 | 16.2% | 14.2% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | 16.6% | 13.1% | ||
| Q3 24 | 15.7% | 13.5% | ||
| Q2 24 | 16.9% | 15.7% | ||
| Q1 24 | 16.0% | 12.1% |
| Q4 25 | 7.5% | 16.5% | ||
| Q3 25 | 9.3% | 13.1% | ||
| Q2 25 | 9.9% | 9.5% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | 8.0% | 5.6% | ||
| Q3 24 | 10.1% | 6.0% | ||
| Q2 24 | 11.7% | 7.9% | ||
| Q1 24 | 8.7% | 4.2% |
| Q4 25 | $0.90 | $0.55 | ||
| Q3 25 | $1.09 | $0.45 | ||
| Q2 25 | $1.10 | $0.32 | ||
| Q1 25 | — | $0.34 | ||
| Q4 24 | $0.87 | $0.17 | ||
| Q3 24 | $1.11 | $0.19 | ||
| Q2 24 | $1.35 | $0.26 | ||
| Q1 24 | $0.98 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $218.2M | $204.8M |
| Total DebtLower is stronger | $1.3B | $1.5B |
| Stockholders' EquityBook value | $2.1B | $3.1B |
| Total Assets | $4.9B | $8.0B |
| Debt / EquityLower = less leverage | 0.63× | 0.48× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $218.2M | $204.8M | ||
| Q3 25 | $258.2M | $218.9M | ||
| Q2 25 | $291.3M | $175.5M | ||
| Q1 25 | — | $59.0M | ||
| Q4 24 | $249.4M | $10.9M | ||
| Q3 24 | $253.7M | $120.9M | ||
| Q2 24 | $228.5M | $34.5M | ||
| Q1 24 | $76.5M | $18.6M |
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.1B | $1.5B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $1.1B | $1.5B | ||
| Q3 24 | $1.1B | $1.7B | ||
| Q2 24 | $1.1B | $1.8B | ||
| Q1 24 | $992.8M | $2.0B |
| Q4 25 | $2.1B | $3.1B | ||
| Q3 25 | $2.1B | $3.0B | ||
| Q2 25 | $1.9B | $2.9B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | $1.8B | $2.6B | ||
| Q3 24 | $1.8B | $2.6B | ||
| Q2 24 | $1.7B | $2.4B | ||
| Q1 24 | $1.6B | $2.3B |
| Q4 25 | $4.9B | $8.0B | ||
| Q3 25 | $4.4B | $7.8B | ||
| Q2 25 | $4.2B | $7.6B | ||
| Q1 25 | — | $7.3B | ||
| Q4 24 | $4.0B | $7.2B | ||
| Q3 24 | $4.1B | $7.2B | ||
| Q2 24 | $4.0B | $7.1B | ||
| Q1 24 | $3.8B | $7.1B |
| Q4 25 | 0.63× | 0.48× | ||
| Q3 25 | 0.51× | 0.51× | ||
| Q2 25 | 0.55× | 0.53× | ||
| Q1 25 | — | 0.56× | ||
| Q4 24 | 0.60× | 0.59× | ||
| Q3 24 | 0.59× | 0.64× | ||
| Q2 24 | 0.63× | 0.78× | ||
| Q1 24 | 0.61× | 0.87× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $81.5M | $239.9M |
| Free Cash FlowOCF − Capex | $70.3M | $-64.6M |
| FCF MarginFCF / Revenue | 9.7% | -8.7% |
| Capex IntensityCapex / Revenue | 1.5% | 40.9% |
| Cash ConversionOCF / Net Profit | 1.49× | 1.95× |
| TTM Free Cash FlowTrailing 4 quarters | $238.0M | $-21.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $81.5M | $239.9M | ||
| Q3 25 | $46.6M | $251.1M | ||
| Q2 25 | $35.4M | $195.7M | ||
| Q1 25 | — | $183.9M | ||
| Q4 24 | $126.9M | $163.1M | ||
| Q3 24 | $101.0M | $151.1M | ||
| Q2 24 | $83.0M | $170.4M | ||
| Q1 24 | $44.5M | $90.4M |
| Q4 25 | $70.3M | $-64.6M | ||
| Q3 25 | $37.4M | $28.6M | ||
| Q2 25 | $28.1M | $-26.3M | ||
| Q1 25 | — | $41.4M | ||
| Q4 24 | $102.2M | $26.8M | ||
| Q3 24 | $90.4M | $64.0M | ||
| Q2 24 | $74.0M | $26.1M | ||
| Q1 24 | $37.1M | $-66.4M |
| Q4 25 | 9.7% | -8.7% | ||
| Q3 25 | 5.2% | 3.7% | ||
| Q2 25 | 4.1% | -3.5% | ||
| Q1 25 | — | 5.9% | ||
| Q4 24 | 15.2% | 4.0% | ||
| Q3 24 | 13.4% | 9.2% | ||
| Q2 24 | 10.5% | 3.9% | ||
| Q1 24 | 5.4% | -11.1% |
| Q4 25 | 1.5% | 40.9% | ||
| Q3 25 | 1.3% | 28.4% | ||
| Q2 25 | 1.1% | 29.2% | ||
| Q1 25 | — | 20.2% | ||
| Q4 24 | 3.7% | 20.6% | ||
| Q3 24 | 1.6% | 12.6% | ||
| Q2 24 | 1.3% | 21.6% | ||
| Q1 24 | 1.1% | 26.3% |
| Q4 25 | 1.49× | 1.95× | ||
| Q3 25 | 0.70× | 2.45× | ||
| Q2 25 | 0.53× | 2.71× | ||
| Q1 25 | — | 2.41× | ||
| Q4 24 | 2.36× | 4.39× | ||
| Q3 24 | 1.48× | 3.65× | ||
| Q2 24 | 1.00× | 3.23× | ||
| Q1 24 | 0.74× | 3.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESAB
| Consumable Products | $477.9M | 66% |
| Equipment Products | $249.9M | 34% |
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
