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Side-by-side financial comparison of Life Time Group Holdings, Inc. (LTH) and UL Solutions Inc. (ULS). Click either name above to swap in a different company.

Life Time Group Holdings, Inc. is the larger business by last-quarter revenue ($788.7M vs $340.0M, roughly 2.3× UL Solutions Inc.). On growth, Life Time Group Holdings, Inc. posted the faster year-over-year revenue change (11.7% vs -12.4%). Over the past eight quarters, Life Time Group Holdings, Inc.'s revenue compounded faster (8.7% CAGR vs -31.8%).

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.

The UL enterprise is a global private safety company headquartered in Northbrook, Illinois, composed of three organizations, UL Research Institutes, UL Standards & Engagement and UL Solutions.

LTH vs ULS — Head-to-Head

Bigger by revenue
LTH
LTH
2.3× larger
LTH
$788.7M
$340.0M
ULS
Growing faster (revenue YoY)
LTH
LTH
+24.1% gap
LTH
11.7%
-12.4%
ULS
Faster 2-yr revenue CAGR
LTH
LTH
Annualised
LTH
8.7%
-31.8%
ULS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
LTH
LTH
ULS
ULS
Revenue
$788.7M
$340.0M
Net Profit
$88.1M
Gross Margin
Operating Margin
17.1%
24.4%
Net Margin
11.2%
Revenue YoY
11.7%
-12.4%
Net Profit YoY
15.8%
EPS (diluted)
$0.39

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
ULS
ULS
Q1 26
$788.7M
$340.0M
Q4 25
$745.1M
$789.0M
Q3 25
$782.6M
$783.0M
Q2 25
$761.5M
$776.0M
Q1 25
$706.0M
$705.0M
Q4 24
$663.3M
$739.0M
Q3 24
$693.2M
$731.0M
Q2 24
$667.8M
$730.0M
Net Profit
LTH
LTH
ULS
ULS
Q1 26
$88.1M
Q4 25
$123.0M
$67.0M
Q3 25
$102.4M
$100.0M
Q2 25
$72.1M
$91.0M
Q1 25
$76.1M
$67.0M
Q4 24
$37.2M
$81.0M
Q3 24
$41.4M
$88.0M
Q2 24
$52.8M
$101.0M
Gross Margin
LTH
LTH
ULS
ULS
Q1 26
Q4 25
49.1%
49.7%
Q3 25
47.1%
50.3%
Q2 25
47.0%
49.4%
Q1 25
47.5%
48.4%
Q4 24
48.2%
47.4%
Q3 24
46.5%
49.0%
Q2 24
46.8%
50.1%
Operating Margin
LTH
LTH
ULS
ULS
Q1 26
17.1%
24.4%
Q4 25
17.4%
15.0%
Q3 25
17.3%
19.9%
Q2 25
14.2%
17.9%
Q1 25
15.2%
15.5%
Q4 24
13.1%
15.6%
Q3 24
13.5%
17.8%
Q2 24
15.7%
17.3%
Net Margin
LTH
LTH
ULS
ULS
Q1 26
11.2%
Q4 25
16.5%
8.5%
Q3 25
13.1%
12.8%
Q2 25
9.5%
11.7%
Q1 25
10.8%
9.5%
Q4 24
5.6%
11.0%
Q3 24
6.0%
12.0%
Q2 24
7.9%
13.8%
EPS (diluted)
LTH
LTH
ULS
ULS
Q1 26
$0.39
Q4 25
$0.55
$0.33
Q3 25
$0.45
$0.49
Q2 25
$0.32
$0.45
Q1 25
$0.34
$0.33
Q4 24
$0.17
$0.40
Q3 24
$0.19
$0.44
Q2 24
$0.26
$0.50

Balance Sheet & Financial Strength

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

Metric
LTH
LTH
ULS
ULS
Cash + ST InvestmentsLiquidity on hand
$120.0M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$3.2B
Total Assets
$8.1B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LTH
LTH
ULS
ULS
Q1 26
$120.0M
Q4 25
$204.8M
$295.0M
Q3 25
$218.9M
$255.0M
Q2 25
$175.5M
$272.0M
Q1 25
$59.0M
$267.0M
Q4 24
$10.9M
$298.0M
Q3 24
$120.9M
$327.0M
Q2 24
$34.5M
$295.0M
Total Debt
LTH
LTH
ULS
ULS
Q1 26
$1.5B
Q4 25
$1.5B
$491.0M
Q3 25
$1.5B
$544.0M
Q2 25
$1.5B
$608.0M
Q1 25
$1.5B
$653.0M
Q4 24
$1.5B
$742.0M
Q3 24
$1.7B
$797.0M
Q2 24
$1.8B
$810.0M
Stockholders' Equity
LTH
LTH
ULS
ULS
Q1 26
$3.2B
Q4 25
$3.1B
$1.3B
Q3 25
$3.0B
$1.2B
Q2 25
$2.9B
$1.1B
Q1 25
$2.7B
$970.0M
Q4 24
$2.6B
$904.0M
Q3 24
$2.6B
$872.0M
Q2 24
$2.4B
$769.0M
Total Assets
LTH
LTH
ULS
ULS
Q1 26
$8.1B
Q4 25
$8.0B
$2.9B
Q3 25
$7.8B
$2.9B
Q2 25
$7.6B
$2.9B
Q1 25
$7.3B
$2.9B
Q4 24
$7.2B
$2.8B
Q3 24
$7.2B
$2.9B
Q2 24
$7.1B
$2.7B
Debt / Equity
LTH
LTH
ULS
ULS
Q1 26
0.46×
Q4 25
0.48×
0.39×
Q3 25
0.51×
0.46×
Q2 25
0.53×
0.56×
Q1 25
0.56×
0.67×
Q4 24
0.59×
0.82×
Q3 24
0.64×
0.91×
Q2 24
0.78×
1.05×

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
ULS
ULS
Operating Cash FlowLast quarter
$198.8M
Free Cash FlowOCF − Capex
$-61.2M
FCF MarginFCF / Revenue
-7.8%
Capex IntensityCapex / Revenue
26.0%
Cash ConversionOCF / Net Profit
2.26×
TTM Free Cash FlowTrailing 4 quarters
$-123.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LTH
LTH
ULS
ULS
Q1 26
$198.8M
Q4 25
$239.9M
$144.0M
Q3 25
$251.1M
$155.0M
Q2 25
$195.7M
$147.0M
Q1 25
$183.9M
$154.0M
Q4 24
$163.1M
$130.0M
Q3 24
$151.1M
$150.0M
Q2 24
$170.4M
$103.0M
Free Cash Flow
LTH
LTH
ULS
ULS
Q1 26
$-61.2M
Q4 25
$-64.6M
$86.0M
Q3 25
$28.6M
$109.0M
Q2 25
$-26.3M
$105.0M
Q1 25
$41.4M
$103.0M
Q4 24
$26.8M
$72.0M
Q3 24
$64.0M
$84.0M
Q2 24
$26.1M
$47.0M
FCF Margin
LTH
LTH
ULS
ULS
Q1 26
-7.8%
Q4 25
-8.7%
10.9%
Q3 25
3.7%
13.9%
Q2 25
-3.5%
13.5%
Q1 25
5.9%
14.6%
Q4 24
4.0%
9.7%
Q3 24
9.2%
11.5%
Q2 24
3.9%
6.4%
Capex Intensity
LTH
LTH
ULS
ULS
Q1 26
26.0%
Q4 25
40.9%
7.4%
Q3 25
28.4%
5.9%
Q2 25
29.2%
5.4%
Q1 25
20.2%
7.2%
Q4 24
20.6%
7.8%
Q3 24
12.6%
9.0%
Q2 24
21.6%
7.7%
Cash Conversion
LTH
LTH
ULS
ULS
Q1 26
2.26×
Q4 25
1.95×
2.15×
Q3 25
2.45×
1.55×
Q2 25
2.71×
1.62×
Q1 25
2.41×
2.30×
Q4 24
4.39×
1.60×
Q3 24
3.65×
1.70×
Q2 24
3.23×
1.02×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LTH
LTH

Center revenue$767.6M97%
Other revenue$21.1M3%

ULS
ULS

Segment breakdown not available.

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