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Side-by-side financial comparison of Life Time Group Holdings, Inc. (LTH) and Paylocity Holding Corp (PCTY). 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 $387.0M, roughly 1.9× Paylocity Holding Corp). Life Time Group Holdings, Inc. runs the higher net margin — 16.5% vs 13.0%, a 3.5% gap on every dollar of revenue. On growth, Life Time Group Holdings, Inc. posted the faster year-over-year revenue change (12.3% vs 11.3%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $-9.9M). Over the past eight quarters, Life Time Group Holdings, Inc.'s revenue compounded faster (5.6% CAGR vs 2.7%).

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.

Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.

LTH vs PCTY — Head-to-Head

Bigger by revenue
LTH
LTH
1.9× larger
LTH
$745.1M
$387.0M
PCTY
Growing faster (revenue YoY)
LTH
LTH
+1.0% gap
LTH
12.3%
11.3%
PCTY
Higher net margin
LTH
LTH
3.5% more per $
LTH
16.5%
13.0%
PCTY
More free cash flow
PCTY
PCTY
$123.5M more FCF
PCTY
$113.6M
$-9.9M
LTH
Faster 2-yr revenue CAGR
LTH
LTH
Annualised
LTH
5.6%
2.7%
PCTY

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
LTH
LTH
PCTY
PCTY
Revenue
$745.1M
$387.0M
Net Profit
$123.0M
$50.2M
Gross Margin
72.9%
Operating Margin
17.4%
18.2%
Net Margin
16.5%
13.0%
Revenue YoY
12.3%
11.3%
Net Profit YoY
230.6%
34.0%
EPS (diluted)
$0.54
$0.92

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.

Revenue
LTH
LTH
PCTY
PCTY
Q1 26
$745.1M
Q4 25
$745.1M
$387.0M
Q3 25
$782.6M
$378.9M
Q2 25
$761.5M
$369.9M
Q1 25
$706.0M
$421.1M
Q4 24
$663.3M
$347.7M
Q3 24
$693.2M
$333.1M
Q2 24
$667.8M
$324.7M
Net Profit
LTH
LTH
PCTY
PCTY
Q1 26
$123.0M
Q4 25
$123.0M
$50.2M
Q3 25
$102.4M
$48.0M
Q2 25
$72.1M
$48.6M
Q1 25
$76.1M
$91.5M
Q4 24
$37.2M
$37.5M
Q3 24
$41.4M
$49.6M
Q2 24
$52.8M
$48.8M
Gross Margin
LTH
LTH
PCTY
PCTY
Q1 26
Q4 25
49.1%
72.9%
Q3 25
47.1%
73.9%
Q2 25
47.0%
73.5%
Q1 25
47.5%
77.1%
Q4 24
48.2%
72.6%
Q3 24
46.5%
74.4%
Q2 24
46.8%
74.0%
Operating Margin
LTH
LTH
PCTY
PCTY
Q1 26
17.4%
Q4 25
17.4%
18.2%
Q3 25
17.3%
19.6%
Q2 25
14.2%
17.9%
Q1 25
15.2%
30.2%
Q4 24
13.1%
13.4%
Q3 24
13.5%
19.3%
Q2 24
15.7%
19.4%
Net Margin
LTH
LTH
PCTY
PCTY
Q1 26
16.5%
Q4 25
16.5%
13.0%
Q3 25
13.1%
12.7%
Q2 25
9.5%
13.1%
Q1 25
10.8%
21.7%
Q4 24
5.6%
10.8%
Q3 24
6.0%
14.9%
Q2 24
7.9%
15.0%
EPS (diluted)
LTH
LTH
PCTY
PCTY
Q1 26
$0.54
Q4 25
$0.55
$0.92
Q3 25
$0.45
$0.86
Q2 25
$0.32
$0.87
Q1 25
$0.34
$1.61
Q4 24
$0.17
$0.66
Q3 24
$0.19
$0.88
Q2 24
$0.26
$0.85

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LTH
LTH
PCTY
PCTY
Cash + ST InvestmentsLiquidity on hand
$204.8M
$162.5M
Total DebtLower is stronger
$1.5B
$81.3M
Stockholders' EquityBook value
$3.1B
$1.1B
Total Assets
$8.0B
$7.0B
Debt / EquityLower = less leverage
0.48×
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LTH
LTH
PCTY
PCTY
Q1 26
$204.8M
Q4 25
$204.8M
$162.5M
Q3 25
$218.9M
$165.2M
Q2 25
$175.5M
$398.1M
Q1 25
$59.0M
$477.8M
Q4 24
$10.9M
$482.4M
Q3 24
$120.9M
$778.5M
Q2 24
$34.5M
$401.8M
Total Debt
LTH
LTH
PCTY
PCTY
Q1 26
$1.5B
Q4 25
$1.5B
$81.3M
Q3 25
$1.5B
$81.3M
Q2 25
$1.5B
$162.5M
Q1 25
$1.5B
$243.8M
Q4 24
$1.5B
$325.0M
Q3 24
$1.7B
$325.0M
Q2 24
$1.8B
$0
Stockholders' Equity
LTH
LTH
PCTY
PCTY
Q1 26
$3.1B
Q4 25
$3.1B
$1.1B
Q3 25
$3.0B
$1.1B
Q2 25
$2.9B
$1.2B
Q1 25
$2.7B
$1.2B
Q4 24
$2.6B
$1.2B
Q3 24
$2.6B
$1.1B
Q2 24
$2.4B
$1.0B
Total Assets
LTH
LTH
PCTY
PCTY
Q1 26
$8.0B
Q4 25
$8.0B
$7.0B
Q3 25
$7.8B
$4.2B
Q2 25
$7.6B
$4.4B
Q1 25
$7.3B
$5.2B
Q4 24
$7.2B
$5.3B
Q3 24
$7.2B
$4.0B
Q2 24
$7.1B
$4.2B
Debt / Equity
LTH
LTH
PCTY
PCTY
Q1 26
0.48×
Q4 25
0.48×
0.07×
Q3 25
0.51×
0.07×
Q2 25
0.53×
0.13×
Q1 25
0.56×
0.20×
Q4 24
0.59×
0.28×
Q3 24
0.64×
0.29×
Q2 24
0.78×
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LTH
LTH
PCTY
PCTY
Operating Cash FlowLast quarter
$870.5M
$117.0M
Free Cash FlowOCF − Capex
$-9.9M
$113.6M
FCF MarginFCF / Revenue
-1.3%
29.4%
Capex IntensityCapex / Revenue
32.2%
0.9%
Cash ConversionOCF / Net Profit
7.08×
2.33×
TTM Free Cash FlowTrailing 4 quarters
$-72.2M
$461.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LTH
LTH
PCTY
PCTY
Q1 26
$870.5M
Q4 25
$239.9M
$117.0M
Q3 25
$251.1M
$86.5M
Q2 25
$195.7M
$86.6M
Q1 25
$183.9M
$186.0M
Q4 24
$163.1M
$54.2M
Q3 24
$151.1M
$91.5M
Q2 24
$170.4M
$79.9M
Free Cash Flow
LTH
LTH
PCTY
PCTY
Q1 26
$-9.9M
Q4 25
$-64.6M
$113.6M
Q3 25
$28.6M
$82.7M
Q2 25
$-26.3M
$81.1M
Q1 25
$41.4M
$183.7M
Q4 24
$26.8M
$51.2M
Q3 24
$64.0M
$89.1M
Q2 24
$26.1M
$73.6M
FCF Margin
LTH
LTH
PCTY
PCTY
Q1 26
-1.3%
Q4 25
-8.7%
29.4%
Q3 25
3.7%
21.8%
Q2 25
-3.5%
21.9%
Q1 25
5.9%
43.6%
Q4 24
4.0%
14.7%
Q3 24
9.2%
26.8%
Q2 24
3.9%
22.7%
Capex Intensity
LTH
LTH
PCTY
PCTY
Q1 26
32.2%
Q4 25
40.9%
0.9%
Q3 25
28.4%
1.0%
Q2 25
29.2%
1.5%
Q1 25
20.2%
0.5%
Q4 24
20.6%
0.9%
Q3 24
12.6%
0.7%
Q2 24
21.6%
1.9%
Cash Conversion
LTH
LTH
PCTY
PCTY
Q1 26
7.08×
Q4 25
1.95×
2.33×
Q3 25
2.45×
1.80×
Q2 25
2.71×
1.78×
Q1 25
2.41×
2.03×
Q4 24
4.39×
1.45×
Q3 24
3.65×
1.84×
Q2 24
3.23×
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LTH
LTH

Center revenue$726.3M97%
Other revenue$18.8M3%

PCTY
PCTY

Recurring Fees$370.1M96%
Implementation Services And Other$16.9M4%

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