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Side-by-side financial comparison of Life Time Group Holdings, Inc. (LTH) and Western Midstream Partners, LP (WES). Click either name above to swap in a different company.

Western Midstream Partners, LP is the larger business by last-quarter revenue ($1.0B vs $745.1M, roughly 1.4× Life Time Group Holdings, Inc.). Western Midstream Partners, LP runs the higher net margin — 18.5% vs 16.5%, a 2.0% gap on every dollar of revenue. On growth, Life Time Group Holdings, Inc. posted the faster year-over-year revenue change (12.3% vs 11.0%). Western Midstream Partners, LP produced more free cash flow last quarter ($335.4M vs $-64.6M). Over the past eight quarters, Life Time Group Holdings, Inc.'s revenue compounded faster (11.7% CAGR vs 7.8%).

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.

Sunoco LP is an American vehicle gasoline master limited partnership company organized under Delaware state law and headquartered in Dallas, Texas. Dating back to 1886, the company has transformed from a vertically integrated energy company to a distributor of fuels and operator of energy infrastructure. It was previously engaged in oil, natural gas exploration and production, refining, chemical manufacturing, and retail fuel sales, but divested these businesses.

LTH vs WES — Head-to-Head

Bigger by revenue
WES
WES
1.4× larger
WES
$1.0B
$745.1M
LTH
Growing faster (revenue YoY)
LTH
LTH
+1.4% gap
LTH
12.3%
11.0%
WES
Higher net margin
WES
WES
2.0% more per $
WES
18.5%
16.5%
LTH
More free cash flow
WES
WES
$400.1M more FCF
WES
$335.4M
$-64.6M
LTH
Faster 2-yr revenue CAGR
LTH
LTH
Annualised
LTH
11.7%
7.8%
WES

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LTH
LTH
WES
WES
Revenue
$745.1M
$1.0B
Net Profit
$123.0M
$190.7M
Gross Margin
49.1%
Operating Margin
17.4%
29.7%
Net Margin
16.5%
18.5%
Revenue YoY
12.3%
11.0%
Net Profit YoY
231.0%
-42.8%
EPS (diluted)
$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.

Revenue
LTH
LTH
WES
WES
Q4 25
$745.1M
$1.0B
Q3 25
$782.6M
$952.3M
Q2 25
$761.5M
$942.1M
Q1 25
$706.0M
$916.9M
Q4 24
$663.3M
$928.4M
Q3 24
$693.2M
$883.1M
Q2 24
$667.8M
$905.4M
Q1 24
$596.7M
$887.3M
Net Profit
LTH
LTH
WES
WES
Q4 25
$123.0M
$190.7M
Q3 25
$102.4M
$339.6M
Q2 25
$72.1M
$341.7M
Q1 25
$76.1M
$309.0M
Q4 24
$37.2M
$333.6M
Q3 24
$41.4M
$288.5M
Q2 24
$52.8M
$378.6M
Q1 24
$24.9M
$572.8M
Gross Margin
LTH
LTH
WES
WES
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%
Operating Margin
LTH
LTH
WES
WES
Q4 25
17.4%
29.7%
Q3 25
17.3%
46.4%
Q2 25
14.2%
47.2%
Q1 25
15.2%
44.7%
Q4 24
13.1%
45.9%
Q3 24
13.5%
44.8%
Q2 24
15.7%
51.9%
Q1 24
12.1%
76.6%
Net Margin
LTH
LTH
WES
WES
Q4 25
16.5%
18.5%
Q3 25
13.1%
35.7%
Q2 25
9.5%
36.3%
Q1 25
10.8%
33.7%
Q4 24
5.6%
35.9%
Q3 24
6.0%
32.7%
Q2 24
7.9%
41.8%
Q1 24
4.2%
64.6%
EPS (diluted)
LTH
LTH
WES
WES
Q4 25
$0.55
Q3 25
$0.45
Q2 25
$0.32
Q1 25
$0.34
Q4 24
$0.17
Q3 24
$0.19
Q2 24
$0.26
Q1 24
$0.12

Balance Sheet & Financial Strength

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

Metric
LTH
LTH
WES
WES
Cash + ST InvestmentsLiquidity on hand
$204.8M
$819.5M
Total DebtLower is stronger
$1.5B
$8.2B
Stockholders' EquityBook value
$3.1B
Total Assets
$8.0B
$15.0B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LTH
LTH
WES
WES
Q4 25
$204.8M
$819.5M
Q3 25
$218.9M
$177.3M
Q2 25
$175.5M
$129.7M
Q1 25
$59.0M
$448.4M
Q4 24
$10.9M
$1.1B
Q3 24
$120.9M
$1.1B
Q2 24
$34.5M
$344.1M
Q1 24
$18.6M
$295.2M
Total Debt
LTH
LTH
WES
WES
Q4 25
$1.5B
$8.2B
Q3 25
$1.5B
$6.9B
Q2 25
$1.5B
$6.9B
Q1 25
$1.5B
$6.9B
Q4 24
$1.5B
$6.9B
Q3 24
$1.7B
$6.9B
Q2 24
$1.8B
$7.1B
Q1 24
$2.0B
$7.3B
Stockholders' Equity
LTH
LTH
WES
WES
Q4 25
$3.1B
Q3 25
$3.0B
Q2 25
$2.9B
Q1 25
$2.7B
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.4B
Q1 24
$2.3B
Total Assets
LTH
LTH
WES
WES
Q4 25
$8.0B
$15.0B
Q3 25
$7.8B
$12.1B
Q2 25
$7.6B
$12.2B
Q1 25
$7.3B
$12.5B
Q4 24
$7.2B
$13.1B
Q3 24
$7.2B
$13.0B
Q2 24
$7.1B
$12.2B
Q1 24
$7.1B
$12.3B
Debt / Equity
LTH
LTH
WES
WES
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
LTH
LTH
WES
WES
Operating Cash FlowLast quarter
$239.9M
$557.6M
Free Cash FlowOCF − Capex
$-64.6M
$335.4M
FCF MarginFCF / Revenue
-8.7%
32.6%
Capex IntensityCapex / Revenue
40.9%
21.6%
Cash ConversionOCF / Net Profit
1.95×
2.92×
TTM Free Cash FlowTrailing 4 quarters
$-21.0M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LTH
LTH
WES
WES
Q4 25
$239.9M
$557.6M
Q3 25
$251.1M
$570.2M
Q2 25
$195.7M
$564.0M
Q1 25
$183.9M
$530.8M
Q4 24
$163.1M
$554.4M
Q3 24
$151.1M
$551.3M
Q2 24
$170.4M
$631.4M
Q1 24
$90.4M
$399.7M
Free Cash Flow
LTH
LTH
WES
WES
Q4 25
$-64.6M
$335.4M
Q3 25
$28.6M
$385.5M
Q2 25
$-26.3M
$385.4M
Q1 25
$41.4M
$388.4M
Q4 24
$26.8M
$315.7M
Q3 24
$64.0M
$361.9M
Q2 24
$26.1M
$419.6M
Q1 24
$-66.4M
$205.9M
FCF Margin
LTH
LTH
WES
WES
Q4 25
-8.7%
32.6%
Q3 25
3.7%
40.5%
Q2 25
-3.5%
40.9%
Q1 25
5.9%
42.4%
Q4 24
4.0%
34.0%
Q3 24
9.2%
41.0%
Q2 24
3.9%
46.3%
Q1 24
-11.1%
23.2%
Capex Intensity
LTH
LTH
WES
WES
Q4 25
40.9%
21.6%
Q3 25
28.4%
19.4%
Q2 25
29.2%
19.0%
Q1 25
20.2%
15.5%
Q4 24
20.6%
25.7%
Q3 24
12.6%
21.5%
Q2 24
21.6%
23.4%
Q1 24
26.3%
21.8%
Cash Conversion
LTH
LTH
WES
WES
Q4 25
1.95×
2.92×
Q3 25
2.45×
1.68×
Q2 25
2.71×
1.65×
Q1 25
2.41×
1.72×
Q4 24
4.39×
1.66×
Q3 24
3.65×
1.91×
Q2 24
3.23×
1.67×
Q1 24
3.63×
0.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LTH
LTH

Membership$535.1M72%
In Center$191.2M26%
Other$18.8M3%

WES
WES

Segment breakdown not available.

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