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Side-by-side financial comparison of Life Time Group Holdings, Inc. (LTH) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
MARRIOTT VACATIONS WORLDWIDE Corp is the larger business by last-quarter revenue ($1.2B vs $745.1M, roughly 1.7× Life Time Group Holdings, Inc.). Life Time Group Holdings, Inc. runs the higher net margin — 16.5% vs -35.0%, a 51.5% gap on every dollar of revenue. On growth, Life Time Group Holdings, Inc. posted the faster year-over-year revenue change (12.3% vs -0.7%). MARRIOTT VACATIONS WORLDWIDE Corp produced more free cash flow last quarter ($-6.0M vs $-64.6M). Over the past eight quarters, Life Time Group Holdings, Inc.'s revenue compounded faster (11.7% CAGR vs 5.2%).
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.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
LTH vs VAC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $745.1M | $1.2B |
| Net Profit | $123.0M | $-431.0M |
| Gross Margin | 49.1% | — |
| Operating Margin | 17.4% | — |
| Net Margin | 16.5% | -35.0% |
| Revenue YoY | 12.3% | -0.7% |
| Net Profit YoY | 231.0% | -962.0% |
| EPS (diluted) | $0.55 | $-12.00 |
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 | $745.1M | $1.2B | ||
| Q3 25 | $782.6M | $1.2B | ||
| Q2 25 | $761.5M | $1.2B | ||
| Q1 25 | $706.0M | $1.1B | ||
| Q4 24 | $663.3M | $1.2B | ||
| Q3 24 | $693.2M | $1.2B | ||
| Q2 24 | $667.8M | $1.1B | ||
| Q1 24 | $596.7M | $1.1B |
| Q4 25 | $123.0M | $-431.0M | ||
| Q3 25 | $102.4M | $-2.0M | ||
| Q2 25 | $72.1M | $69.0M | ||
| Q1 25 | $76.1M | $56.0M | ||
| Q4 24 | $37.2M | $50.0M | ||
| Q3 24 | $41.4M | $84.0M | ||
| Q2 24 | $52.8M | $37.0M | ||
| Q1 24 | $24.9M | $47.0M |
| Q4 25 | 49.1% | — | ||
| Q3 25 | 47.1% | — | ||
| Q2 25 | 47.0% | — | ||
| Q1 25 | 47.5% | — | ||
| Q4 24 | 48.2% | — | ||
| Q3 24 | 46.5% | — | ||
| Q2 24 | 46.8% | — | ||
| Q1 24 | 46.1% | — |
| Q4 25 | 17.4% | — | ||
| Q3 25 | 17.3% | — | ||
| Q2 25 | 14.2% | — | ||
| Q1 25 | 15.2% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 13.5% | — | ||
| Q2 24 | 15.7% | — | ||
| Q1 24 | 12.1% | — |
| Q4 25 | 16.5% | -35.0% | ||
| Q3 25 | 13.1% | -0.2% | ||
| Q2 25 | 9.5% | 6.0% | ||
| Q1 25 | 10.8% | 5.0% | ||
| Q4 24 | 5.6% | 4.0% | ||
| Q3 24 | 6.0% | 6.9% | ||
| Q2 24 | 7.9% | 3.5% | ||
| Q1 24 | 4.2% | 4.2% |
| Q4 25 | $0.55 | $-12.00 | ||
| Q3 25 | $0.45 | $-0.07 | ||
| Q2 25 | $0.32 | $1.77 | ||
| Q1 25 | $0.34 | $1.46 | ||
| Q4 24 | $0.17 | $1.29 | ||
| Q3 24 | $0.19 | $2.12 | ||
| Q2 24 | $0.26 | $0.98 | ||
| Q1 24 | $0.12 | $1.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $204.8M | $406.0M |
| Total DebtLower is stronger | $1.5B | — |
| Stockholders' EquityBook value | $3.1B | $2.0B |
| Total Assets | $8.0B | $9.8B |
| Debt / EquityLower = less leverage | 0.48× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $204.8M | $406.0M | ||
| Q3 25 | $218.9M | $474.0M | ||
| Q2 25 | $175.5M | $205.0M | ||
| Q1 25 | $59.0M | $196.0M | ||
| Q4 24 | $10.9M | $197.0M | ||
| Q3 24 | $120.9M | $197.0M | ||
| Q2 24 | $34.5M | $206.0M | ||
| Q1 24 | $18.6M | $237.0M |
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $2.0B | — |
| Q4 25 | $3.1B | $2.0B | ||
| Q3 25 | $3.0B | $2.5B | ||
| Q2 25 | $2.9B | $2.5B | ||
| Q1 25 | $2.7B | $2.4B | ||
| Q4 24 | $2.6B | $2.4B | ||
| Q3 24 | $2.6B | $2.4B | ||
| Q2 24 | $2.4B | $2.4B | ||
| Q1 24 | $2.3B | $2.4B |
| Q4 25 | $8.0B | $9.8B | ||
| Q3 25 | $7.8B | $10.1B | ||
| Q2 25 | $7.6B | $9.9B | ||
| Q1 25 | $7.3B | $9.9B | ||
| Q4 24 | $7.2B | $9.8B | ||
| Q3 24 | $7.2B | $9.7B | ||
| Q2 24 | $7.1B | $9.6B | ||
| Q1 24 | $7.1B | $9.9B |
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.59× | — | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.78× | — | ||
| Q1 24 | 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 | $239.9M | $6.0M |
| Free Cash FlowOCF − Capex | $-64.6M | $-6.0M |
| FCF MarginFCF / Revenue | -8.7% | -0.5% |
| Capex IntensityCapex / Revenue | 40.9% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.95× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-21.0M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $239.9M | $6.0M | ||
| Q3 25 | $251.1M | $62.0M | ||
| Q2 25 | $195.7M | $-48.0M | ||
| Q1 25 | $183.9M | $8.0M | ||
| Q4 24 | $163.1M | $100.0M | ||
| Q3 24 | $151.1M | $72.0M | ||
| Q2 24 | $170.4M | $30.0M | ||
| Q1 24 | $90.4M | $3.0M |
| Q4 25 | $-64.6M | $-6.0M | ||
| Q3 25 | $28.6M | $51.0M | ||
| Q2 25 | $-26.3M | $-68.0M | ||
| Q1 25 | $41.4M | $-6.0M | ||
| Q4 24 | $26.8M | $86.0M | ||
| Q3 24 | $64.0M | $58.0M | ||
| Q2 24 | $26.1M | $17.0M | ||
| Q1 24 | $-66.4M | $-13.0M |
| Q4 25 | -8.7% | -0.5% | ||
| Q3 25 | 3.7% | 4.3% | ||
| Q2 25 | -3.5% | -5.9% | ||
| Q1 25 | 5.9% | -0.5% | ||
| Q4 24 | 4.0% | 6.9% | ||
| Q3 24 | 9.2% | 4.8% | ||
| Q2 24 | 3.9% | 1.6% | ||
| Q1 24 | -11.1% | -1.2% |
| Q4 25 | 40.9% | 1.0% | ||
| Q3 25 | 28.4% | 0.9% | ||
| Q2 25 | 29.2% | 1.7% | ||
| Q1 25 | 20.2% | 1.3% | ||
| Q4 24 | 20.6% | 1.1% | ||
| Q3 24 | 12.6% | 1.1% | ||
| Q2 24 | 21.6% | 1.2% | ||
| Q1 24 | 26.3% | 1.4% |
| Q4 25 | 1.95× | — | ||
| Q3 25 | 2.45× | — | ||
| Q2 25 | 2.71× | -0.70× | ||
| Q1 25 | 2.41× | 0.14× | ||
| Q4 24 | 4.39× | 2.00× | ||
| Q3 24 | 3.65× | 0.86× | ||
| Q2 24 | 3.23× | 0.81× | ||
| Q1 24 | 3.63× | 0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
